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Drake and Scull names new chair and vice
The company’s new chairman is Sheikh Theyab bin Tahnoon bin Mohammed Al Nahyan
Investors are piling into Turkish assets as the country’s reform program bears tentative fruit
TRY-denominated bonds have risen 6.3% since March’s rate hike — far outstripping the average 1.1% increase across similar emerging markets
Sanad to provide MRO services on Airbus engines
PLUS: The CBUAE and Dubai Courts will link their court case management systems
Mashreq provides instant payments for MultiBank’s corporate clients
Arqaam Capital will offer securities lending services for ADX securities
Al Ansari Financial Services to fully acquire Bahrain’s BFC Group
The acquisition is set to close by 1Q 2025
Franklin Templeton launches seven feeder funds in the DIFC
The feeder funds will be available through locally licensed promoters
Dual-class share structures come to the LSE today + central bankers meet this week in Washington, London, and Tokyo
Plus: Apple is seen pushing its new AI features to updates that will start trickling out in October
SPVs now have a regulatory framework
The rules introduce a new SPV manager role
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