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Edge + TKMS team up on underwater defense, ADX secures a SWIFT code
Edge and TKMS take the underwater route Abu Dhabi defense giant Edge is expanding its European footprint, signing an MoU…
THIS MORNING: Airtel Money and Lindt steer clear of the UAE as EQT and Alibaba lean in
Plus: UBS says Dubai's bubble risk has eased since March, but the city is still fourth on its global index
THIS MORNING: Iran floats a Hormuz reopening + AD Ports buyout closes early
Plus: The UAE prices its second retail T-sukuk at 5.06%, and Bildco officially becomes ADID
Gulf banks that built out IPO teams for the boom are now chasing fees in Egypt, Turkey, and India as listings at home dry up
Analysts are still banking on a recovery later this year and in 2027
THIS MORNING: Adia, Lunate eye a hefty piece of Indian bourse’s USD 2.7 bn IPO + DP World plans truck fleet expansion amid Hormuz disruption
Plus: Did Emirates just clinch its long sought-after Berlin slot?
Brics’ bank lists USD 1.75 bn on Nasdaq Dubai, Dubai Healthcare City gets an AED 3 bn residential wager, flydubai launches its dedicated cargo operations
The listing was part of NBD’s USD 50 bn EMTN program
L’imad locks in October settlement date to buy out AD Ports Group's remaining shareholders after delisting Taqa — but it’s not the start of a take-private trend
Taqa and AD Ports point to a selective shift toward full sovereign ownership where funding needs, acquisitions, and strategic control…
THIS MORNING: Adia-backed Jio takes its IPO on the road + ADGM assets up 54% y-o-y in 1H
Plus: India’s Odisha state is back in the UAE
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