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THIS MORNING: UAE reopens airspace + Trump says Iran and Israel agree to a ceasefire
Plus: Americana confirms talks with Cravia over a buyout
UAE deepens ties with Canada in trade, energy, and investment during FM’s visit
The FM held ministerial meetings with Canada’s prime minister, foreign minister, finance minister, and industry minister
Dubai’s RTA taps four major players for 637 buses
The total value of the agreements is valued at AED 1.1 bn
THIS MORNING: Americana eyes Five Guys, Cinnabon operator + More details about Ras Al Khaimah airport’s new terminal
Plus: GulfNav readies convertible bond issuance to fund Brooge acquisition
Traders are driving the UAE hedge fund boom
Many firms are relocating to keep traders happy, drawn by zero income tax and expat-friendly policies
THIS MORNING: CBUAE holds rates steady again + Al Habtoor to list hotel management arm on the DFM
Plus: Brent crude's premium to Dubai soars
Adnoc’s USD 19 bn LNG play could put it in the big leagues with Shell and ExxonMobil
The acquisition would position Adnoc closer to Shell and ExxonMobil, analysts say
Korea’s Kexim backs Masdar-led Saudi solar project with USD 255 mn loan
The plant is due to go live in 2027
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