WTW gains full control of Al-Futtaim Willis joint venture

WTW has received regulatory approval from the Central Bank of the UAE and the Central Bank of Bahrain to take full control of its joint venture, Al-Futtaim Willis (AFW). This follows Al-Futtaim’s decision in May 2025 to sell its 51% stake in the company.

The acquisition is part of WTW’s strategy to expand its presence in the Middle East, specifically targeting growth in the UAE and Saudi Arabia. By wholly managing its businesses in Dubai and Bahrain, WTW aims to provide clients with greater access to its specialist expertise and global placement capabilities.