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Agriculture
Electronics manufacturer Maser Group deepens UAE presence in Africa with USD 1.6 bn investment
The group is targeting farmland and data centers in Nigeria, Ghana, and Kenya over the…
Maalexi CEO on the problems facing small farmers, tokenizing agricultural assets, and the importance of taking risks
It can take up to 60 for an exporter to be paid, creating a gap…
THIS MORNING: UAE bond yields spike amid global bond rout + Abu Dhabi’s L’Imad is now the owner of McLaren stake
Plus: FAB expands to Turkey, and into wearable payments tech
Masdar to power farming with solar, Biobank links up with Astrazeneca, Jotun goes long-term, Abu Dhabi backs Bain, and GSU + China partner on energy
Masdar linked up with Elite Agro Holding for the region’s first agricultural PV project
Automotive
BlueFive Capital backs VC HOF Capital’s acquisition of a stake in Bugatti
Abu-Dhabi based investment firm BlueFive Capital is the largest investor in the HOF Capital-led consortium
THIS MORNING: More force majeure declared + G7, IEA eye emergency oil taps
PLUS: DIFC just delivered more space
Car sales set to take a hit as war dampens consumer spending and prices spike
Car prices are set to surge as ins. costs and risk premia rise, but the…
THIS MORNING: New seven stations announced for Etihad Rail + Apollo Go gets driverless trial permit in Dubai
Plus: Philippines and the UAE to sign comprehensive economic partnership agreement next week
Banking
ENBD reopens AT1 market
Pricing tightened by 50 bps and saw orders for over 3x the offering
An Egypt-UAE portfolio tieup, Aramex refinances, more UAE-China flows, Mashreq + Cashew team up on lending
Construction will begin in 2027
THIS MORNING: Supply chain resilience is in focus + non-oil foreign trade hit AED 415.4 bn last year
Plus: DIFC’s growth momentum held up in 1Q
THIS MORNING: GCC leaders meet in Jeddah + Emirates NBD pushes ahead with AT1 issuance
Plus: 4.9k of the world’s wealthiest are living in our midst
Capital markets
UAE investors still back local markets, just more cautiously
91% remain confident in UAE-listed companies, even as investors rotate toward gold, energy, and more…
THIS MORNING: Lawyers told to come back to the office as ceasefire holds (for now) + Dubai Investments might push IPO to the fall
Plus: Future-proofing is front and center on policymakers’ minds — from jet fuel to railway…
Hookah maker Air bets on shisha demand as it plans to brave markets with May IPO
Shareholders will vote on the merger between Cantor Equity Partners III and Air on Tuesday,12…
Swvl is not dropping off of Nasdaq just yet, as it swings into the black in 2025
The company returned to profitability last year, allowing it to meet Nasdaq’s requirements to remain…
Climate
Abu Dhabi’s Khazna solar project awards EPC contract to China’s SEPCO3
Plus: Dubai is getting a new car trading hub
Dubai’s Bybit sets up EU HQ in Vienna
Egypt’s Madinet Masr expands to UAE, UAE signs three-way push for agriculture, upskilling, and investment…
THIS MORNING: Adnoc to sell stake in Adnoc Gas? + Four-day weekend confirmed
Plus: UAE ranks fifth in the world for AI
Climate change behind the intensity of last week’s storm
PLUS: How G42 fits into the US-China tech race
Commodities
THIS MORNING: UAE-backed Indian telecoms giant in talks with investors for IPO + Are oil refiners using AED to avoid using USD?
Plus: Abu Dhabi is clamping down on price gouging as supply chain disruption continues
THIS MORNING: Have you booked your staycation yet?
From oil to food supply chains, disruptions are causing countries to look for fallback strategies
THIS MORNING: Markets close in green for first time since war began + DP launches land bridge to bypass port disruption
Plus: The UAE’s tourism sector is the most exposed in the Gulf
Mubadala buys into Egypt concession, Emirates NBD diversifies into silver, and Abu Dhabi-Swiss JV looks to sovereign cloud and AI infrastructure
Mubadala Energy acquired a 15% interest in Egypt’s Nargis Offshore Concession from Italy’s Eni
Construction
Project awards in the Gulf slow in the wake of the war
The UAE remained the Gulf’s largest projects market despite the slowdown, with a growth in…
EmCoin rolls out multi-asset investment platform + South Korea’s Ssangyong secures USD 250 mn Dubai build
The platform allows users to invest in crypto, foreign exchange, and more
UAE projects slip but pockets of growth keep it ahead of other GCC markets
The UAE overtook Saudi Arabia as the GCC’s largest projects market, rising to a 41.3%…
Modon awards Orascom Construction a development contract for district in Ras El Hekma
Plus: Dubai’s design hub is getting a residential upgrade
Crypto
Another UAE-China tie-up, one more CfD brokerage lands in the Emirates, int’l heavyweights back Kaio
The ADGM-Futian District link comes at a time of growing collaboration between the UAE and…
Growing stablecoin use threatens monetary control in emerging markets
Stablecoins have become a tool for bypassing government-imposed restrictions on foreign currency access
How the CMA is redrawing the rules for virtual assets (and what comes next)
We probed the CMA on what its new framework means in practice, from expanded licensing…
THIS MORNING: Operations are back on at Dana Gas’ Khor Mor + CMA issues virtual assets framework
Dubai’s healthcare freezone is the latest to see support measures
Development finance
ADFD lends AED 376 mn loan for Tajikistan hydroproject
ADFD’s Rogun loan adds to the UAE’s growing investment footprint in Tajikistan and Central Asia
THIS MORNING: IMF sees MENA growing 3.9% in 2026
Plus: AD Ports eyes Nigeria’s ports
FAB, Afreximbank offer USD 1 bn for Nigeria coastal road
The project benefits from a credit ins. wrapper from the Islamic Corporation for the Ins.…
ADFD to boost Mauritania’s water security
The project is expected to serve around 500k people in Mauritania’s Kiffa city and surrounding…
E-commerce
HSBC loses two DCM heads, but it’s not scaling back. Plus: Talabat taps chief international officer
Talabat’s CIO was formerly the firm’s Kuwait managing director
Borouge control locks in ahead of merger finish line, Talabat picks up rent, Rakbank and Network International finalize agreement
ALSO- Talabat is cutting one of F&B’s biggest costs by offering 100 no-rent cloud kitchens
UPDATE: AWS signals its Mideast services aren’t coming back online soon after taking three drone strikes
Amazon is telling clients to move services out of the Middle East for now
Amazon’s local rival noon gets USD 500 mn backing
The newly raised capital and a potential IPO could fuel noon’s expansion and automation
Education
War shakes up student confidence in the India-UAE education corridor
Deferrals rise and applications may see a dip as Indian students reassess safety risks in…
THIS MORNING: Global PE firm pushes ahead with ADGM expansion + IGCSE, A-level exams also scrapped
Plus: Opec+ will likely go for another supply hike on Sunday
Jafza gets a new manufacturing facility, Nord Anglia expands in Dubai, and Mashreq rolls out new mobile service
Amarak Chemicals launched a fully automated plant in Jafza to add 60k tonnes per year…
The Egypt Education Platform is building a university in Noor City
EEP will also manage two schools in the East Cairo development
Energy
UAE will likely boost investments in oil and gas, potentially leading to a USD 40 bn windfall
Analysts expect a ramping up of investments in drilling, processing, storage, and export infrastructure
Adnoc doubles down on US natgas push
The firm is reviewing 29 potential acquisitions and JV agreements to build its US natural…
The GCC’s green pivot hasn’t been undermined by the war, says S&P
Project sequencing and capital deployments could shift, but projects are still moving ahead
UAE exits Opec to prioritize capacity over quotas
Near-term impact will likely be minimal given ongoing disruptions, but long-term? GDP growth could get…
Finance
Lunate takes a stake in Aussie private credit player
The transaction, due to close in 3Q, values La Trobe at USD 2.1 bn
More progress with China, another Open Finance milestone for ADIB, Edge explores more defense cooperation in Brazil, and Barings opens Abu Dhabi office
The Jereh agreement builds on momentum from earlier this week, when the UAE and China…
Finreon opens DIFC office, Etihad expands China routes, Sobha enters Abu Dhabi with AED 40 bn plan, and more Tasreef work completed
The new opening comes after regulators rolled out support measures for DIFC firms
THIS MORNING: Al Jaber wraps energy diplomacy spree in Washington + Gulf in for a USD 25 bn repair bill for damage to energy infrastructure, Rystad Energy says
Plus: Dubai makes top 10 global financial centers
Fintech
Embedded finance platform Comfi plans Saudi expansion after raising USD 65 mn in debt and equity
The company provides 90-day installment plans for SMEs
Mashreq’s latest embedded finance play is in big-ticket dental and aesthetic financing
The financing solution will allow customers across Toothpick’s network to access up to AED 150k…
Serena Sebastiani on her journey from the Big Four to fintech
Sebastiani was always embedded in the crypto sector, supporting it on the regulatory side, advising…
2Africa is here, as is crypto-denominated ins. + InvestSky expands to Saudi, and Khazna expands into ops
Plus: Smart commerce platform ThrowMeNot raised USD 550k in a pre-seed round
Food
Titan and Mercedes-Benz link up, Kezad makes metal play, Emirati startups secure funds, more defense, and SAF One taps India’s Tata
UAE steps up its downstream EV contributions with a multi-year lithium supply agreement with Mercedes-Benz
Dubai expands as industrial, commercial space hits near-capacity
The 29 mn sq ft mega-food facility aims to strengthen global supply chains and trade…
UAE-India agreement blitz
Covering energy, defense, space, food trade, investment, and advanced technology, the agreements underpin a push…
Gems’ advisory arm to help set up school in Cyprus + Geely-backed Cacao, VFX firm open up Middle East HQ in Abu Dhabi
Plus: SmartCrowd launches first crowdfunded property in Abu Dhabi
Healthcare
M42 expands footprint in Brazil, AD Ports sells assets to Aldar, and another wager on autonomous aviation
M42’s acquisition lifts Diaverum’s footprint in Brazil to 18 clinics and three vascular access centers
Adia-backed USD 18.3 bn Hologic buyout completed, UAE + Bahrain ink AED 20 bn currency swap, UK’s MHA makes UAE acquisition
The Hologic buyout marks the largest medical services takeover in nearly 20 years
Medical faculty’s practice rules change, Presight continues expansion in Africa, a new ADGM-based tokenization-focused JV, and MBRIF extends support to Fragrance Delivery Technologies
Select nursing and allied health roles will also be exempt from the six-month experience requirement
ADIB targets healthcare sector, more supply chain support in Abu Dhabi, Borouge International lands, long-term stay startup secures funds, India’s PB Fintech invests in UAE arm
ADIB is taking a slice of the global healthcare trade ADIB Capital, Abu Dhabi Islamic…
Infrastructure
Dubai Metro plans another AED 34 bn line connecting historic center to suburbs
This is all part of Dubai’s 2040 Urban Masterplan, which aims to make most of…
THIS MORNING: Dubai now has an air taxi station + Energy infrastructure repair bill balloons to USD 58 bn
Plus: FTA slashes slew of tax violation penalties
THIS MORNING: Washington and Tehran agree to a two-week ceasefire
Plus: UAE airlines see slight dip in activity
More oil and gas investments in Egypt, Dubai makes AED 150 mn EV charging push, and DP World, AD Ports work on Nigerian shipping
State-owned UAEV will roll out the charging stations over several phases, with the first seeing…
Hospitality + tourism
More awarded contracts for Palm Jebel Ali, Kuwait Petroleum International eyes further expansion in the UAE, and Adia deploys more capital
Dubai’s Nakheel awarded AED 3.5 bn in contracts for villa construction in Palm Jebel Ali
THIS MORNING: Tourism in Ajman is the latest to see gov’t support + Al Habtoor kicks off its lawsuit against Lebanon
Plus: Dubai residential capital values fall for the first time since the pandemic
The surge in fuel prices is working its way through the economy
Freight, food, and aviation are under early strain as businesses absorb fuel costs, for now
THIS MORNING: Abu Dhabi eyes bringing Mubadala and L’imad’s China-focused assets under one umbrella + reports swirl of UAE-Egypt eyeing Moroccan tourism
Some hotels in Dubai are shutting up shop for renovations, some for good
Law
Dechert recalls Phillip Sacks to head Dubai office again
Sacks returns to the firm after almost two and a half years in White &…
Culture, lifestyle, and capital: Philip Khinda on the pulls bringing wealth managers and their advisors to the capital
In the UAE, it’s like you had a clean sheet of paper, and you could…
THIS MORNING: Yachts set to move more easily between Dubai and Abu Dhabi + Scrap metal now subject to VAT reverse charge mechanism
Plus: Construction contracts are up in 9M 2025, and the property boom is still to…
A tokenized litigation fund is coming to Dubai
The vehicle will invest in UK law claims and issue digital tokens to investors instead…
Manufacturing
Vara gives the greenlight to more firms + UAE firm makes moves in Egypt
Daman + ARP are the latest to secure Vara licenses
UAE launches AED 1 bn industrial fund
The first phase targets essentials from eggs and bread to dairy and bottled water, alongside…
Emirates Global Aluminium acquires a stake in Italy’s Eco Green, staking a position in Europe’s scrap economy
EGA could be building a local buffer to keep serving auto and construction clients while…
Another support package for SMEs, RAK developer pushes ahead with Dubai expansion, and Kezad sees new projects
Dubai South rolls out an incentive package for SMEs, including rent-free periods, payment deferrals, and…
Media
Ethmar, GB Media develop multi-mn-USD media-focused fund in Abu Dhabi
The fund is co-led by two GB Media founders with extensive backgrounds in Hollywood and…
THIS MORNING: Has the UAE bought an Israeli defense package? + Emirates NBD gets in on gold
Plus: A new National Media Authority has been set up
Archeo Futurus + Daywalker Global to pour USD 200 mn into Abu Dhabi’s tech and media sectors
They also launched the world’s first compute-securitized bond to support this investment plan
THIS MORNING: CBUAE cuts rates by 25 bps, following the Fed + UAE “the world’s second crypto capital,” Coinbase CEO says
Plus: Abu Dhabi family backed-developer expands London portfolio with major West End office project
Mining
Gold is nearing bear market territory as more headwinds weigh on outlook
Traditional 60/40 portfolio sees its worst month since September 2022
THIS MORNING: Iran-linked institutions in the UAE are under scrutiny + Millennium Management eyes up relocating regional staff
Plus: India extends UAE gold imports quota + there’s more disruption for events and aviation
THIS MORNING: Regional oil players slash production amid Hormuz closure + Airspace opens up over the weekend
Plus: Air disruption over UAE casts a light on gold supply chain
THIS MORNING: DRC to ship copper to UAE + Abu Dhabi-Dubai railway sees USD 8 bn in contracts
Plus: Apollo Go launches robotaxis in Dubai
NBFS
Homegrown flexible staffing solutions provider Orgam secures USD 3 mn investment from Tenami capital
ALSO- Georgia-based real estate developer Mardi Holding will expand into the UAE market
Al Ansari + Abhi to introduce early salary access, SNPL services
ALSO- Drake & Scull is joining forces with El Amar Group to collaborate on projects…
RTA awards AED 696 mn contract for Trade Center roundabout development
Adnec Group signed an agreement with the Ewec to secure 100% of Adnec Center Abu…
Emirates Reem Investments acquires stakes in two firms
Spinneys will build a food processing facility in Dubai
Oil + gas
Prolonged regional conflict could drag UAE growth to 1.4% as BMI slashes GCC outlook
Overall, the GCC is expected to grow only 1.9%, down from 4.8%
THIS MORNING: EGA could need a year to restore full production at Al Taweelah + The UAE is now the 9th top goods exporter
Plus: Opec+ opts for a supply hike
Moody’s reaffirms UAE’s Aa2 rating despite regional headwinds
This rate is driven by the economy's high per-capita income, robust institutions, and effective policymaking
THIS MORNING: Threats and attacks from Iran continue, but investments, debt, and even autonomous vehicle rollout plans remain on track
Rental yield fell 30-40% last month
Petrochemicals
Adipec day three: Movement on petrochems, oil and gas, and SAF projects in the UAE
Ta’ziz, Brooge, Mubadala Energy, and others advance key projects
Emaar plans another big-ticket investment in Egypt
Plus: Space42 makes Thuraya 4 satellite globally available
Adnoc L&S to build, own, and operate T’aziz’s chemicals export port at Al Ruwais
Plus: Bybit secures first full virtual assets license from the SCA
Mashreq expands footprint to Turkey with new office
Plus: Addleshaw Goddard opens office in ADGM
Private equity
Global private equity activity slows down due to AI-related risks, geopolitical tensions
Buyout activity dropped by 36% q-o-q to USD 172 bn in 1Q 2026, while exits…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges before the war. That wager…
THIS MORNING: Events scheduled for later this year put on hold + DHL looks to push ahead with regional investments
Plus: A new initiative time to boost local produce
Private equity’s liquidity crunch persists, with USD 3.8 tn in assets still waiting for exit
Transaction and exit values rebounded in 2025, but distributions remain stuck near crisis-era lows
Real estate
Dubai drops the floor on property visas, but tightens the rules for co-owners
The new rules scrap the AED 750k threshold for sole owners, while co-owners must meet…
Earnings in from NMDC, Aldar, e&, NCTH, DIB
The fallout from the war is continuing to trickle through
Dubai Residential REIT holds firm as rents stay tight
Revenue rose 8.4% in 1Q as occupancy stayed near full, even as the units slipped…
Office leasing demand slips on regional war, but pre-summer rush keeps activity robust -Knight Frank
Knight Frank sees a likelihood of a repeat of Covid, where occupiers began to optimize…
SMEs
CBUAE expands payments rails into Asia, relief goes private, and Al Ghurair goes global on design
The Central Bank of the UAE is plugging the Philippines into its cross-border payments network
Investcorp acquires US industrial property portfolio + NRTC takes over Ripe Organic
Plus: BPGIC taps PEG for Fujairah’s gasoline refinery
IHC injects USD 715 mn into its digital financing platform Zelo to expand SME financing
The funding will help Zelo fast-track additional anchor partnerships
THIS MORNING: December will be a busy month for travel + Non-Emiratis can now foster children under new amendments
Plus: Ripple stablecoin gets ADGM approval
Sports
New golf venues coming to the UAE + Dubai issues law governing gov’t outsourcing
The AED 1 bn golf push from XRange and Akcel Holding comes as part of…
THIS MORNING: An Emirati ChatGPT is in the works + more robotaxis are coming to Dubai
Good morning, everyone. Industrial interest in our Northern Emirates is our big story today, as…
Axis International files arbitration claim against Guinea over revoked mining permit
PLUS: Dubai to host Fifa Best Awards next year
AED 18.3 bn for new parks + more plans to improve quality of life in Dubai
The policies include developing talent in the aviation and sports sectors
Tech
Abu Dhabi-based AppliedAI is expanding into Asia
The firm is expanding into Singapore, Malaysia, and Hong Kong
Cybersecurity firms SentinelOne, Sophos expand UAE benches amid cyber threat surge
Both firms framed the hires as a response to a fast-changing threat landscape, and the…
Core42 names former Microsoft exec to lead commercial business operations
Tawfik also served as chief partnership officer for G42 and Microsoft Global Alliance
Mubadala joins critical minerals investment fund as war puts supply chains into focus
Projects could span energy infrastructure, logistics networks, and mineral security
Telecoms
Du secures AED 2 bn war chest
The facility remains undrawn and features improved terms (read: lower standby costs)
Nubank in ADGM, commercial upper 6GHz launches in the UAE, and Dragon Oil makes another discovery in Egypt
Despite escalating regional tensions, the expansion of the NYSE-listed neobank is the latest in a…
Iran targets state-owned telecom infrastructure for the first time, hitting a Du building in Fujairah
But the bigger escalation could still come this week…
Adnoc inks key agreement for Borouge complex, Mubadala makes returns on sale, and Starlink lands in the UAE
Adnoc’s agreement allows the company to secure annual earnings as they await the full completion…
Trade + logistics
THIS MORNING: Emirates to develop USD 2.3 bn railway project for Jordan + DFM saw a rally yesterday
Plus: Another Cepa comes into effect + schools and universities are back in-person next week
China’s exports decelerate on conflict disruptions and seasonal distortions
Exports rose just 2.5% y-o-y in March, while imports increased by 28% y-o-y
An AED 1 bn export financing framework, more food supply localization, and UAE energy back on the int’l radar
EBD, ADEX launch AED 1 bn export financing framework The UAE is backing its export…
Can the Gulf just snap back its energy system?
The potential bill for repairing energy infrastructure across the Gulf stands at USD 25 bn
Transport
THIS MORNING: The UAE’s non-oil PMI hit a 12-month high in Feb + firms signal business as usual amid ongoing conflict
Plus: Dana Gas halts production at Iraq’s Khor Mor
THIS MORNING: School’s still out + Markets open today for the first time since the war hit
Plus: First signs of supply chain distress hit China-Gulf corridor for sulfur
THIS MORNING: Int’l players assess UAE operations amid strikes + Opec to raise production in April
Plus: The competition is heating up for India’s IDBI
Etihad Rail + Turkey’s Hareket partner on cargo, Equitativa + Premier Inn put pen to paper on AED 2 bn pipeline, Ohana launches its AED 15 bn project
Etihad Rail is partnering with Turkish heavy-lift specialist Hareket to handle oversized and complex cargo…