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THIS MORNING: FAB’s digital bond lists on the ADX + UAE firms in talks with Morocco over USD 10 bn wind projects
Plus: Zayed National Museum opens its doors this December
More potential crypto payments for flights + at airports
Plus: CDB lists dual-currency bonds on Nasdaq Dubai
Smart contact lens startup Xpanceo joins unicorn club
The funding brings Xpanceo’s valuation to USD 1.35 bn
Multiply subsidiary Emirates Driving Company is acquiring a stake in fleet operator Mwasalat Holding
EDC’s net income rose 7.6% y-o-y to AED 68.8 mn in 1Q 2025
THIS MORNING: UAE rescues 22 people aboard a commercial vessel hit by Houthi attacks in the Red Sea
Plus: Brics countries eye intra-Brics tourism agreement
Elevate, Ennismore plan USD 500 mn residential project on Al Marjan Island
Plus: DoH + GemmaBio to set up gene therapy ops in Abu Dhabi
Apex taps AI lead based in Abu Dhabi
Wang will lead the firm’s global AI and data strategy as its first chief AI officer
Terex Ventures and Tokyo AI to invest USD 200 mn in the AI sectors across the UAE, Japan, and India
The initiative aims to link investors and AI-focused companies with growth-stage startups to support their global expansion
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