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Arada awards AED 604 mn contract for first phase of Sharjah’s new business district
Plus: Canada’s investment bank Canaccord Genuity is expanding into Dubai
Private equity industry’s AUM fell for the first time in decades amid liquidity crunch
The total value of buyouts was up 37% y-o-y to USD 602 bn last year
Global gov’t borrowing to hit record USD 12.3 tn in 2025 -S&P Global
The US is set to issue USD 4.9 tn in long-term debt this year, while China is increasing issuance to…
More direct flights to China + IHC eyes Lunate’s Ghaf Benefits scheme
PLUS: Ewec to power 22 Burjeel Holdings’ facilities with green energy
Wall Street faces sell-off amid threat of tariffs
Weak manufacturing data also contributed to the rout
Investors look to emerging markets for tariff-safe assets
Economies pegged to the greenback also avoid FX risk
Tabreed finalizes a USD 700 mn sukuk issuance with 3.5x oversubscription at USD 2.5 bn
The sukuk is listed on the London Stock Exchange
Bybit hack fuels BTC sell-off amid broader market jitters
A USD 1.5 bn hack at Bybit, ETF outflows, and renewed US tariff fears prompted a BTC sell-off
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