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Industry News

Temasek to Open Abu Dhabi and Riyadh Offices, Boosting Regional Deal Competition

Singapore state investor Temasek plans to open offices in Abu Dhabi and Riyadh in the first half of 2027, pending regulatory approvals. The expansion will increase Temasek's global network to 15 offices across 11 countries, serving as strategic hubs for the firm and its portfolio companies. The move introduces heightened competition for regional investments and partnerships alongside Gulf sovereign wealth funds.

Industry News

UAE Investments in AI and Genomics Drive Middle East Biopharma Expansion

A report by World Health Expo and Frost & Sullivan indicates that UAE national investments in genomics, artificial intelligence, and advanced manufacturing are transforming Middle Eastern biopharma. The regional precision medicine sector is forecast to expand by over 10 percent over the next five to seven years. Key initiatives include the Emirati Genome Program, Abu Dhabi's AED 42 billion HELM cluster, and the 2025 launch of Mubadala Bio.

Policy & Legal Updates

Dubai Prepares for Winter 2026 Changes Across Regulations, Aviation and Retail

Time Out Dubai outlined key changes arriving in Dubai for winter 2026/2027, including new anti-commercial fraud rules from the Ministry of Economy and Tourism. The updated regulation mandates the withdrawal of counterfeit products within 24 hours of notification, alongside airline upgrades and leisure reopenings.

Policy & Legal Updates

UAE Companies Can Now Estimate ICV Scores Ahead of Official Certification

ADEPTS Chartered Accountants has launched a free online ICV Score Calculator for businesses competing for UAE government and semi-government tenders. The tool estimates performance across local spending, investment, Emiratisation, and employee costs using National ICV framework weightings. The firm highlighted that the tool serves as a planning mechanism and does not replace formal certification by authorized bodies.