Panama's government has announced they will create a committee of experts to recommend ways to boost financial transparency. This comes after the leak of the "Panama Papers," 11.5 million documents that reveal how the law firm Mossack Fonseca helped some clients evade taxes and avoid sanctions. Panama president, Juan Carlos Varela said the report will be shared with other countries so the nations can move together towards further transparency.
Parkin and Bahrain's Amakin team up on smarter parking solutions
Dubai’s Parkin is teaming up with Bahrain Car Parks Company (Amakin) to explore smarter and more connected parking services across the GCC.
Over 7,000 new Indian companies join Dubai Chamber of Commerce
The Dubai Chamber of Commerce has registered 7,579 new Indian companies in the first half of 2026.
Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPO
Shein aims to raise up to $1.8 billion in a Hong Kong IPO that values the fast-fashion retailer roughly 70 per cent below its private-market peak four years ago, with a slower growth outlook set to weigh on investor demand.
UAE-Russia services and investment agreement takes effect
An agreement aimed at boosting trade in services and investment between the UAE and Russia has officially come into force.
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