The UAE’s USD 1 tn stock market is still making headlines, with Bloomberg looking at the ruling family’s influence across local markets. About two-thirds of Abu Dhabi’s benchmark index is tied to the ruling family, particularly National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan.

Potentially giving stock markets even more of a boost? Increasing the freefloat of key stocks “could help attract more international money,” Kamco Invest’s Junaid Ansari said.

Meanwhile, Euronews highlights Dubai’s new tourism strategy, which seeks to dispel “misconceptions” about the city by showcasing its affordability and year-round appeal. “It’s no secret Dubai is home to a lot of luxury, iconic properties, but there’s a variety of options available,” said Hoor Al Khaja, senior VP of international operations at the Dubai Department of Economy and Tourism, noting that the emirate’s “healthy mix of affordable stays… can compete with any four or five-star hotel globally.”

AND- Bloomberg covers the indictment of Hakan Ates, CEO of Emirates NBD’s Turkey unit Denizbank, who was accused of involvement in a Ponzi scheme targeting footballers from clubs like Galatasaray, Barcelona, and Inter Milan. Ates and his former deputy Mehmet Aydogdu face up to 240 years in prison on charges of aggravated fraud.

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