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Infrastructure 
The quiet Abu Dhabi power player now steering USD 300 bn through a volatile region
L’imad’s USD 30 bn infrastructure platform with BlackRock and Temasek has thrust CEO Jassem Bu Ataba Al Zaabi into the…
Emirates Islamic + FAB line up ESG loans
Dubai-based retail player Brands for Less + Arada secured the financing lines
Dubai Taxi moves into Abu Dhabi with AED 1.5 bn National Taxi acquisition
The debt-funded acquisition would hand DTC a larger share of Dubai’s taxi market
1Q results from Lulu, Talabat, ADA, Dewa, RAK Ceramics, Dubai Investments, Agthia, and Alef
Lulu also saw a slowdown on the back of softer activity in March Lulu Retail’s net income fell 32.8% on…
THIS MORNING: IPO plans cool for Dubai Holding and EGA + More UAE, Syria collaboration is on the way
Plus: An Adia-backed IPO is hitting the US’ Nasdaq
FAB issues an oversubscribed USD 700 mn sukuk, but the pricing premium hasn’t gone anywhere
Pricing tightened from initial pricing, but the geopolitical premium is still there when compared to its earlier issuances
More green hydrogen on its way
The announcement lands despite global green hydrogen demand declining
Tawazun, AD Ports partner on new defense manufacturing hub in Abu Dhabi
Al Selmiyyah project brings together Tawazun’s regulatory mandate and AD Ports’ industrial expertise to build an integrated ecosystem for defense…
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