UAE Edition 
Egypt Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Share
FINANCE-
Julius Baer set to join ADGM: Swiss wealth manager Julius Baer secured in-principle approval from the Financial Services Regulatory Authority (FSRA) to launch an advisory office in Abu Dhabi Global Market (ADGM), according to a press release. Pending final approval, the new office will deliver wealth management services to ultra-high-net-worth individuals (UHNWIs), family offices, and entrepreneurs. Amir Iskander will head up the new office, which is expected to open in December.
BACKGROUND- The wealth manager established its first UAE office in Dubai International Financial Center (DIFC) over two decades ago and has recently been on a regional hiring spree. The firm tapped former UBS banker Sanjay Advani (LinkedIn) in 2024 to lead its global non-resident Indians business in Dubai.
AVIATION-
Air Arabia rolls out direct Sharjah-London Gatwick service: UAE-based budget carrier Air Arabia will launch a new nonstop service between Sharjah and London Gatwick, set to operate twice daily and begin in March 2026, state news agency Wam reports.
BACKGROUND- The airline has rolled out 12 new routes YTD and is also launching a new budget carrier in Saudi Arabia as part of a consortium.
ENERGY-
#1- Emdad taps Bilfinger for Dubai South aviation fuel pipeline: Emdad Aviation Fuel Storage, a subsidiary of Emirates General Petroleum Co., tapped international industrial services provider Bilfinger to provide engineering, installation, and design services for a new aviation fuel pipeline in Dubai South, according to a press release. The new pipeline will connect Jebel Ali Terminal to Al Maktoum International Airport (DWC).
#2- AD Ports, Masdar team up on offshore wind projects: AD Ports and Mubadala-owned renewables firm Masdar signed a partnership agreement to collaborate on global offshore wind developments, according to a statement. AD Ports will act as a technical and logistics partner on Masdar’s future offshore wind projects, with potential roles spanning substation fabrication, onshore and offshore logistics, subsea services, and maintenance and operations support.
REMEMBER- Masdar is already developing major offshore wind assets in Europe, including the 476 MW Baltic Eagle project in Germany and the 1.4 GW East Anglia Three project in the UK. The new partnership is aimed at supporting similar large-scale deployments.
