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Abu Dhabi updates contractor classification rules
The amendments widen eligibility for higher categories, ease classification requirements, and extend financial-report validity
Dubai Airshow wraps up with plenty of agreements to boost eVTOl, manufacturing, and defense sectors
A local eVTOL player gets a boost + Strata inks another Airbus manufacturing agreement
THIS MORNING: UAE plans to invest USD 1 bn in African AI projects + IHC eyes Lukoil’s assets
Plus: An end to the RedBird IMI Telegraph saga?
MRO + local manufacturing take center stage in day 4 of Dubai Airshow
Also: MBRAH is getting a new aviation services hub + RAK Airport will develop a VVIP terminal and private jet…
THIS MORNING: FAB plans new AT1 issuance + IHC eyes USD 25 bn from minority holding
Plus: Abu Dhabi courts global contractors for USD 54 bn project pipeline
PE firm KKR expands to Abu Dhabi + Zand AED-backed stablecoin gets approval
Plus: Emirates NBD joins Finance Ministry’s retail T-sukuk initiative
Adia wraps Ooreedoo stake sale
The transaction is set to have brought in roughly QAR 2 bn
Dubai Airshow day 2 wrap-up: Etihad, flydubai lock in Airbus orders + Emirates eyes new manufacturing facility, Strata plans engine part manufacturing
More agreements incoming from Dubai Airshow
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