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ADQ, Orion launch USD 1.2 bn JV for critical minerals
The joint venture will target mining companies in Africa, Asia, and Latin America
THIS MORNING: Dubai to tighten oversight on foreign banks
PLUS: Made-in-UAE gold jewellery set to double
IRH eyes investment in Alphamin’s Bisie tin mining site
The IHC subsidiary is considering investing in a new vehicle that Alphamin’s majority stakeholder may create to hold the stake
Bright East Holding 1 acquires 100% of Emirates Gold
Bright East acquires Emirates Gold: Dubai-based precious metals refinery EmiratesGold was fully acquired by Bright East Holding 1, an ADGM-registered…
THIS MORNING: NMDC eyes GCC-based acquisition before year’s end + Grace period for tax updates
Good morning, everyone. We have a brisk issue for you this morning, led by news on LuLu’s IPO, which raised…
IRH to set up a copper trading hub in Abu Dhabi?
The IHC subsidiary plans to trade over 500k tons of green copper annually
Gold picked up yesterday after US job opening data disappointed
It’s all eyes on DC for Jobs Friday tomorrow
Gold soars as investors pencil in September rate cuts and a weakening USD
Gold prices are up 22% in 2024 so far
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