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Industry News
Source: Bernama

Creative Industry Drives BRICS+ Economic Growth With China and UAE Leading

The creative industry is becoming an important growth driver for BRICS+ economies, supported by intellectual property, digital technology, and cultural assets, according to an analysis by TV BRICS reported by Bernama. China and the UAE were identified as leading technology-driven development models within the bloc. China accounts for the group's largest creative economy share at US$879 billion.

Policy & Legal Updates
Source: Emirates 24|7

UAE Central Bank Enforces New Takaful Rules Mandating Subscriber Fund Separation

The Central Bank of the UAE has implemented a new regulatory framework for Takaful insurance effective September 2026. The rules mandate full legal and financial separation between subscribers' funds and insurer assets, while requiring separate accounts for different insurance classes. Insurers must also obtain central bank approval prior to any fund transfers and provide independent financial disclosures.

Industry News
Source: The Malaysian Reserve

Abu Dhabi Sovereign Fund Plans Billions in Port Spending Outside Hormuz Strait

Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan is leading a $300 billion sovereign wealth fund focused on infrastructure to bypass the Strait of Hormuz, according to Bloomberg. People familiar with the matter indicated the vehicle is likely to invest tens of billions of dollars more in port infrastructure outside the waterway.

China–UAE News
Source: Moneycontrol.com

Abu Dhabi’s L’imad Fund Targets Major Port Investments to Bypass Strait of Hormuz

Abu Dhabi's $300 billion sovereign wealth fund L'imad Holding plans to deploy billions of dollars into port infrastructure located outside the Strait of Hormuz. The initiative forms part of the UAE's broader strategy to reduce maritime supply route dependency on the contested waterway. The sovereign platform, led by Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan, recently proposed privatising AD Ports Group to accelerate strategic logistics projects.

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