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ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Aramco-Horse Powertrain deal completed

An agreement for the purchase of 10% equity stake was signed in June 2024.

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

A glimpse into GCC’s financial evolution

  • Driven by regulation, consolidation, and digitization, the region's financial services sector is undergoing a pivotal transformation
  • Dive into the TRENDS Explainer video to understand and navigate the evolving landscape of the banking sector across the region

DUBAI, UAE — The financial services sector within the Gulf Cooperation Council (GCC) stands at a pivotal juncture. As the winds of change blow, three major forces are shaping its trajectory: regulation, consolidation, and digitization. Each of these elements intertwines, creating a complex tapestry that institutions must decode if they are to succeed in this dynamic environment.

For those eager to grasp the nuances of this transformation, this TRENDS Explainer video offers a deep dive. Through its insightful content, viewers can gain a clearer understanding of the challenges and opportunities that lie ahead, ensuring they’re well-equipped to navigate the shifting sands of the GCC’s economic landscape.