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Finance & Investment

Banking, fintech, funds, capital markets and cross-border investment

China–UAE News
Source: The Straits Times

Radiant World Misses September Salary Payments for Employees Amid Restructuring

Employees at iron ore trader Radiant World in Singapore, China, and Europe reported that their September salaries were not paid on schedule, according to The Straits Times. Staff indicated that recent salaries had been disbursed from a company account in Dubai, with the delay occurring as court-appointed interim judicial managers KPMG assume oversight of operations. The disruption follows legal actions by multiple lenders alleging the company raised financing using falsified documents, claims the trader has previously denied.

Industry News
Source: Utilities Middle East

UAE Advances Global Water Investment and Technology Engagements Ahead of Abu Dhabi Summit

The UAE conducted high-level diplomatic, investment, and technology engagements during the 81st UN General Assembly and Climate Week in New York. UAE officials convened more than 50 investors and executives to unlock capital for water infrastructure and discussed AI applications in hydrological management. The initiatives build momentum toward the 2026 UN Water Conference, which the UAE and Senegal will co-host in Abu Dhabi this December.

Policy & Legal Updates
Source: Pinsent Masons

ADGM Regulator Sets Out Comprehensive Financial Reform Agenda Through 2027

The Financial Services Regulatory Authority of Abu Dhabi Global Market has outlined its regulatory reform agenda through 2027, covering funds, digital assets, and decentralized finance. The roadmap introduces streamlined regimes for sub-threshold and institutional fund managers alongside forthcoming guidance on DeFi activities. ADGM currently hosts over 410 authorised financial institutions, with approximately 160 additional firms seeking authorisation.

Industry News
Source: Business Upturn

Dubai Edges Down as Abu Dhabi Benchmark Inches Higher at Monday Close

UAE equity markets diverged on Monday, with Dubai slipping fractionally while Abu Dhabi posted modest gains. The DFM General Index eased 0.04% to close at 5,898.86, while the FTSE ADX General Index rose 0.35% to 10,008.39. Both bourses traded within narrow bands as market participants adopted a cautious tone.

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