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More UAE-France cooperation, M42, Adia, Hotpack lock in overseas, BlackRock + Emirates NBD take their partnership to retail
G42 entities all inked separate MoUs with Paris-based AMI labs on AI collaboration
Taqa raises USD 1.75 bn as it works toward AED 75 bn in capex by 2030
Pricing came in 32 bps within guidance on both tranches as Taqa breaks a run of bank-dominated issuance
THIS MORNING: MGX comes back for OpenAI’s latest funding round + Mubadala eyes UK wealth management firm takeover
Plus: UAE inks a defence pact with France
THIS MORNING: Taqa taps debt markets for first time since going private + Adia goes back for more of Jio in USD 3.2 bn IPO
Plus: Moody’s see Sharjah’s economy as growing by 5% next year if shipping and travel disruptions ease up
A decade of UAE investments in Egypt’s ports and energy is turning into a hedge against Hormuz
Egypt’s two coasts give Abu Dhabi options beyond the strait, part of its new Zero Hormuz strategy
THIS MORNING: Mubadala-backed GlobalFoundries lands Japan-funded New York chip plants + UAE pumps record oil volumes in September
Plus: UAE pumps record oil volumes in September
THIS MORNING: IRH and Zambia move past mining spat + DAE taps Asian banks for USD 2.1 bn in funding
Plus: Kuwait studies access to a pipeline route through the UAE to Fujairah
THIS MORNING: Mubadala says Man City saga won’t get in the way of UK investments + Adnoc L&S eyes a stake in Abu Dhabi offshore services firm
Plus: Emirates Islamic sukuk is 2.4x covered on day one
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