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AI + Innovation (MENA) 
Infrastructure 
ADIB, ESG, and Sukoon Ins. report 2024 earnings
Abu Dhabi Islamic Bank’s bottom line surged 16% y-o-y in 2024
Sobha Realty plans 8-10 new UAE projects in 2025, eyes US and Australia expansion
ALSO- Valores Property Development plans to roll out AED 600 mn worth of projects in Dubai this year
ADIB Capital launches European logistics-focused Sharia-compliant fund
The fund will focus on ESG-compliant logistics assets across Western Europe
ADIB to launch fractional sukuk with USD 1k min investment
The RegLab will establish a legislative framework for fractional sukuk
G42 taps new CSO + Abu Dhabi Chamber of Commerce adds members to the arbitration board. AND: ADIB appoints new head of trade
PLUS: Institutional Investor appoints Paul O’Brien as a Senior Middle East Advisor
Mashreq launches IBAN verification for businesses
Plus: More news from du, e&, ADTIC, Sav, Hitek, and Fujairah Natural Resources Corporation
Shorooq Partners leads USD 20 mn investment in deeptech AI firm
Plus: Lots of energy, climate, and trade news
ADIB + CBD report 2Q results
The banks both saw net income after tax rise on the back of robust business activity
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