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UAE, Hong Kong agree mutual recognition of licensed fund, investment managers
Plus: ADCB’s fintech arm invests in Australia’s Indebted
Abu Dhabi’s Modon to invest EGP 45 bn in Ras El Hekma infrastructure
Modon’s tenders include roads and bridges, electricity networks, water and sewage systems
Emirates REIT + Orascom Construction triple 1H net income
The REIT’s total property income came in at USD 39.2 mn, down 3.1% y-o-y and up 24% on a like-for-like…
Parkin to install 200 ultra-fast EV chargers in Dubai
Plus: MultiBank expands to Abu Dhabi + VT Markets bags Dubai license
Emaar brings construction in-house as more UAE developers take work off the market
The new arm will take on certain projects internally, while also continuing to outsource other projects
THIS MORNING: President Mohamed bin Zayed Al Nahyan kicks off Russia visit + Pakistan Mart is coming
Plus: Standard Chartered is bullish on the UAE’s growth
Amea’s Cox inks EUR 250 mn agreement for desalination and wind power in Morocco + DIB, Emirates NBD lend to firms overseas
Plus: Yango and AD Ports expand further abroad
Ripple joins DLD’s real estate tokenization project
Plus: Sharjah to create system to regulate the licensing of healthcare facilities and professionals
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