THIS MORNING: Airtel Money looks set for a UAE IPO in 2026 + New mall coming?
Plus: Petrofac UAE projects are on track despite layoffs
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Plus: Petrofac UAE projects are on track despite layoffs
More agreements incoming from Dubai Airshow
The institutional tranche of the offering drew heavy demand, with orders totaling SAR 61.6 bn
Plus: IEA now sees global oil and gas demand potentially rising until 2050
The sovereign wealth fund snapped up a 5.75% stake for INR 750 mn (USD 31.1 mn)
Samana claims to hold around a 4% share of Dubai’s property market
Plus: UAE + Chad to sign trade agreement by year-end, ink USD 6.2 bn in agreements
This will happen through a merger with Cantor-backed SPAC
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