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Infrastructure 
ADX launches new market infrastructure with two clearance and depository subsidiaries
ADX tapped Nasdaq for the upgrade
THIS MORNING: Etihad Airways to kick off IPO this week? + Adnoc Logistics and Services upgraded to FTSE Large Cap Index
Plus: Dewa invites proposals for new solar and BESS project
THIS MORNING: Alpha Data likely to price IPO at top of range + Is Sidara’s acquisition of Wood Group back on the table?
Plus: A host of debt updates from Sharjah Islamic Bank and Tabreed
Lunate’s Chimera ETF lists on ADX, boosting Abu Dhabi’s ETF count to 16
Plus: Stocks listed on the ADX can now be bought and sold on global trading platform eToro
Alpha Data could raise up to AED 600 mn from IPO
The company is seeking a valuation of up to AED 1.5 bn
Adnoc completes sale of 4% stake in Adnoc Gas to investors
The share sale was 4.4x oversubscribed
Dragon Oil taps Schlumberger for Egypt production optimization partnership
Plus: Mantra Finance lands Vara license
Etihad Airways’ net income triples in 2024
The Abu Dhabi carrier’s top line surged 25% y-o-y, driven by a 32% y-o-y increase in passenger numbers
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