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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
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
A wobbly ceasefire puts spanner in EM equities’ recovery
Stock markets were seeing a rally in the wake of the ceasefire news
UAE equities catch a break after ceasefire announcement
Investors piled into the most war-sensitive asset class, with real estate leading gains on both the DFM and the ADX…
UAE IPOs slip into wait-and-see mode as war hits execution
The DFM is currently more exposed than the ADX “due to its higher retail flows and cyclical sectors”
DFM and ADX reel from steepest monthly declines in years amid regional strain
Foreign investors are still selling, with hundreds of mns in outflows over the past week
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 is being tested now —…
SIB taps market with AED 2.6 bn discounted rights issue
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