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Infrastructure 
Adnoc reaches FID on USD 6.2 bn Umm Shaif gas cap
The project is expected to start production by 2030
THIS MORNING: Economists pencil in a bigger contraction for GCC economies + Dana Gas shuts down main facilities at Khor Mor
Plus: The UAE generated over half of MENA investment banking fees in 1H
AED 1.8 bn for Ajman infrastructure, DTC becomes top taxi, Adnoc deepens energy ties with South Korea
Ajman is investing AED 1.8 bn over five years for municipal projects
A couple of energy supply agreements, Dubizzle invests in Takeem, and Bitcoin Suisse secures ADGM approval
Japan’s largest exploration and production company inked a 15-year supply agreement with Adnoc
The UAE is still MENA’s safest infrastructure wager, but the war exposed the catch
BMI ranks the UAE as the region’s most attractive infrastructure market, even as it forecasts a 6.8% contraction in construction…
THIS MORNING: ENBD eyes HSBC’s Turkey operations + Adnoc consults on a possible pricing reshuffle
Good morning, friends. It’s been a quarter of catching our breath, and the markets are finally showing it. UAE equities…
THIS MORNING: Oil exports inch back to 85% of pre-war levels + Dubai Holding eyes stake in data center developer Hscale
Plus: Gems Education is planning USD 30 mn expansion in India as home demand sees a dip
Dana Gas makes another Egypt discovery + Edge adds government weight to its European hub
The UAE-based natural gas player discovered around 10 bcf of gas reserves in the Nile Delta
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