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THIS MORNING: Arada could look to IPO in three years + Real estate prices dipped for the first time since 2022 in January
Plus: More debt issuances from local banks?
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
Mashreq launches Mashreq Biz, an SME-focused online banking platform
PLUS: Drake and Scull secures AED 1 bn Arabian Hills contracts
Amea Power to develop 1.5 GWh battery storage projects in Egypt
AMEA CTO Mahabir Sharma said last month that the project will cost USD 350 mn
Dubai’s Hatta Hydro plant to begin clean energy exports in April 2025
The 250 MW plant, designed with 1.5k MWh of storage and an 80-year life span
Emirates Development Bank targets AED 23 bn in financing for 2025
The bank reported a record 222% y-o-y increase in financing in 2024
THIS MORNING: UAE eyes USD 10 bn investments in Indonesian renewables + AD Ports will not be operating Turkey’s Alsancak Port
Plus: UAE launches real-time platform to monitor prices of essential goods
Dragon Oil taps Schlumberger for Egypt production optimization partnership
Plus: Mantra Finance lands Vara license
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