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United Arab Emirates

Industry News
Source: Zawya

Deutsche Bank Expands Dubai Investment Banking Division with Three Key Appointments

Deutsche Bank has announced three senior appointments in its Dubai office to expand its investment banking portfolio and client coverage across the Middle East. The appointments include Ilya Korobov as Director of Debt Capital Markets CEEMEA, Adel Taleb as Director within the Distressed Products Group, and Nitin Sawhney as Head of the Institutional Client Group MENA. The expansion follows major regional sovereign and corporate bond issuances handled by the bank.

Policy & Legal Updates
Source: Gulf News

UAE Imposes New Limits on Sodium, Sugar, and Fats in Packaged Foods

The UAE has introduced rules designed to gradually reduce sodium, total sugars, and fats in selected packaged foods sold across retail shelves. The regulations apply to both locally produced and imported goods, including bread, dairy products, salty snacks, and processed cheese. Healthcare professionals highlighted that the population-level initiative aims to curb rates of obesity, hypertension, diabetes, and cardiovascular diseases.

Industry News
Source: Gulf News

UAE Powder Coatings Maker Qemtex Reaches Full Capacity, Considers Dh40m Expansion

UAE-based powder coatings manufacturer Qemtex announced that its Umm Al Quwain plant has reached full operational capacity less than two years after starting production. The company is evaluating an investment of up to Dh40 million to expand output, upgrade equipment, and improve technical capabilities. Expansion plans are driven by rising demand from GCC real estate and infrastructure projects.

Industry News
Source: Arabian Gulf Business Insight | AGBI

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.

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