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THIS MORNING: Fuel prices are up slightly in May + Two new potential IPOs in the cards
Plus: Trump’s son is optimistic about the UAE’s prospects in the wake of US tariffs
THIS MORNING: Etihad Airways “ready” for an IPO but does not need the cash, CEO says + Adia eyes sale of 50% stake in IFCO
Plus: UAE, Saudi Arabia in talks with Korean arms contractor
Dubizzle, Property Finder are gauging investor interest ahead of potential IPOs
Dubizzle could raise at least USD 500 mn from the transaction
More signs of investor bullishness on the UAE as Ajman Bank secures over USD 2.7 bn in orders for sukuk
The bank locked in a profit rate of 5.125%, with a credit spread of US Treasuries plus 130 bps
ASB Capital and State Street Global Advisors to launch a shariah-compliant global equity fund
Plus: DoH and Microsoft to co-develop an AI-powered healthcare system
USD 800 bn in outflows at stake from US-China decoupling
Investors looking to offload shares could face some waiting time
Dubai earnings jump 20.1% in 4Q as GCC growth slows
Abu Dhabi earnings dropped 21.6% in 4Q, on an energy slump
Emerging markets are rattled by tariff war
Investor sentiment remains largely pessimistic
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