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Adia backs yet another Indian IPO
The sovereign wealth fund snapped up a 5.75% stake for INR 750 mn (USD 31.1 mn)
Samana Developers gears up for its maiden sukuk issuance + eyes an IPO in 2026
Samana claims to hold around a 4% share of Dubai’s property market
THIS MORNING: DIB eyes debut s-linked sukuk + Multiple shareholders sign off on 2PointZero, Ghitha merger
Plus: UAE + Chad to sign trade agreement by year-end, ink USD 6.2 bn in agreements
Hookah maker Advanced Inhalation Rituals plans US Nasdaq listing in 1H 2026
This will happen through a merger with Cantor-backed SPAC
Lunate launched its second AI-linked ADX-bound ETF
The fund, set to trade under the ticker AIPOWR, will be listed on the ADX on Tuesday, 25 November
Two UAE firms added and two removed from MSCI indices in latest review
The changes will take effect after market close on 24 November 2025
ADGM hardens enforcement toolkit for stablecoins
FSRA can now attach limitations or conditions at the moment of licensing and impose additional requirements on a case-by-case basis
Adia backs the IPO of Indian digital stockbroker Groww
Adia backs Groww’s USD 754 mn IPO: The Abu DhabiInvestment Authority (ADIA), along with several other sovereign wealth funds including…
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