Chinese automotive brand OMODA & JAECOO achieved a 123% year-on-year increase in global vehicle sales in September 2026, supported by strong demand for electrified models. Cumulative vehicle deliveries in the UAE crossed 6,000 units amid expanding Middle Eastern and European market share. The company is also preparing to unveil its new OMODA X crossover at its International User Summit in Wuhu, China.
UAE-based skill-tech firm Trusity earned second place at the BRICS WBA Women's Startup Awards 2026 in New Delhi for its AI-driven platform TruPreneurs.AI. The contest evaluated entries across 11 nations, highlighting scalable educational innovation. Officials emphasised plans to expand commercial partnerships across member states ahead of China's BRICS chairship in 2027.
Abu Dhabi National Energy Company (TAQA) has mandated banks and released initial price thoughts for a dual-tranche US dollar-denominated green bond offering. The Abu Dhabi-listed utility is marketing the long five-year tranche at around 130 basis points over US Treasuries. The senior unsecured notes will be issued under Rule 144A and Regulation S formats with listing planned on the London Stock Exchange.
At the third Abu Dhabi Investment Forum in London, ADGM Chairman Ahmed Jasim Al Zaabi stated that 14 global financial institutions managing over $5 trillion in assets announced plans to establish a presence in Abu Dhabi during the first half of 2026. The forum was organised by the Abu Dhabi Investment Office at The Peninsula London to deepen connections with international and British investors. The $5 trillion figure represents the global assets under management of the expanding institutions rather than capital directly committed to the emirate.
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