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AI + Innovation (MENA) 
Infrastructure 
UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island
Wynn Resorts secures USD 2.4 bn loan for Wynn Al Marjan Island: Wynn Resorts obtained a USD 2.4 bn construction…
Union Properties slashes debt + secures new funding
The developer cut its legacy debt to AED 575 mn by the end of 2024, down from AED 1.5 bn…
Earnings season heats up
Emirates NBD, Al Seer Marine, Commercial Bank of Dubai, and more report 2024 earnings
Biotech startup BioSapien raises USD 7 mn after extending pre-Series A funding
ALSO- The United Arab Emirates University inaugurated the country’s first academic Stem Cells Research Center
Emirates NBD sees UAE’s headline GDP growing by 5% in 2025
The bank’s forecast sees the oil and non-oil sectors expanding at the same pace
UAE corporates rush to debt markets
Emirates NBD’s issuance is set to be listed on the Taipei Exchange
THIS MORNING: Emirates NBD reportedly eyes acquisition of Egypt’s Banque du Caire + MAF shutters Carrefour stores in Oman
Plus: UAE, Malaysia could finalize trade agreement next week
UAE opens a new trade link to China through Northern Pakistan
PLUS: Adnoc Distribution inked a five-year contract with Adnoc Gas Facilities to secure propane supplies through 2028
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