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Eagle Hills inks USD 12 bn Maldives waterfront agreement, its largest Indian Ocean investment
This would be one of the largest foreign investment commitments the Maldives has landed
New organic-waste valorization pilot plant, Musafir acquires FLYCT, DFDF backs Nordstar’s AI-focused fund, and Nakheeel awards a Dubai Islands contract
The plant will process up to 40 kg of waste daily
THIS MORNING: L’imad eyes stake in cargo giant + UAE, Oman eye Hafeet Rail trials in 4Q 2027
Plus: A new platform will give Dubai authorities more visibility over their cybersecurity posture
THIS MORNING: Modon seeks EGP 35 bn loan for Ras El Hekma’s Wadi Yemm + dnata wants in on Damascus airport’s rebuild
Plus: The UAE is pushing to get off international travel advisory lists
THIS MORNING: L’imad opens an Azerbaijan investment lane + Khazna teams up with Siemens for AI infrastructure
Plus: Another Etihad Rail station is coming to Dubai
Etihad Airways is doubling down on investments and targeting break-even, despite this year’s disruptions
Its flights are running at 90% full, and capacity is up 15% y-o-y
S&P affirms Ras Al Khaimah’s A/A-1 rating, trims 2026 growth forecast on Middle East war spillovers
The agency is banking on fiscal buffers and UAE support to cushion the emirate as it cuts 2026 growth to…
THIS MORNING: Adia, Lunate eye a hefty piece of Indian bourse’s USD 2.7 bn IPO + DP World plans truck fleet expansion amid Hormuz disruption
Plus: Did Emirates just clinch its long sought-after Berlin slot?
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