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Abu Dhabi’s Bildco buys into food trading in a bet on the UAE’s supply chain priorities
The firm is acquiring a stake in AG Group, which operates 22 warehouses, a 351-vehicle fleet, and has a blue-chip…
THIS MORNING: MGX raises USD 49 bn + UAE-Iran trade is back
Plus: There’s now an easier way to settle commercial disputes through DIFC
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: UAE to begin talks to join CPTPP trade pact + e-invoicing’s pilot phase in starting
Plus: 2.8k first joined Sharjah Chambers in 1H
AD Ports buys additional 30% of Global Feeder Shipping for AED 1.1 bn
The group exercised its option to acquire an additional 30% stake in Global Feeder Shipping, tightening its grip over what…
THIS MORNING: FAB sees USD 1.4 bn in orders for latest Tier 2 issuance + port closures and pricing pressures are delaying Dubai Creek Tower
Plus: Dubai placed first for the fifth year in a row for FDI projects
Etihad Credit Ins. brings new faces in for board reshuffle
Foreign Trade Minister Thani bin Ahmed Al Zeyoudi remains on as chairman, but executives from a host of local and…
The UAE has learned its lesson — there will be no more reliance on the Strait of Hormuz
A new Eastern harbor, a petrochems complex, and a third petroleum pipeline are among the projects currently being studied
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