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Infrastructure 
Region’s first tokenized money market fund launches in DIFC
The QCD Money Market Fund (QCDT) is structured for institutional use cases
THIS MORNING: DIP confirms IPO plans + e& Enterprise to develop data center infrastructure in Serbia
Plus: RTA to set up battery-swapping stations for electric bikes
HSBC opens its first Mena wealth center in Dubai
Plus: Emicool enters Abu Dhabi
Mubadala wraps AED 3.2 bn du follow-on offering
This is the first fully-marketed secondary share offer in the UAE
Alec Holdings set to become Dubai’s first corporate IPO this year
Subscriptions will run from 23-30 September.
THIS MORNING: Emirates Islamic lines up green sukuk + Emirates Airlines to sponsor Real Madrid basketball team
Plus: Abu Dhabi test drives autonomous delivery vehicles
THIS MORNING: Dubai property boom fuels expansion for Emaar, prompts potential Binghatti IPO
Plus: IFFCO weighs USD multi-bn debt restructuring
Adnoc transfers Distribution, Gas, L&S majority stakes to XRG
The oil and gas giant is looking to consolidate its listed holdings under its dedicated investment arm
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