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FAB sells USD 1 bn AT1 bond, with the largest orderbook ever for an AT1 transaction in the UAE
The bond carries the lowest yield for a CEEMEA conventional USD AT1 transaction since May 2021
THIS MORNING: Adnoc eyes USD 150 bn in capex until 2030 + Lunate to invest USD 1 bn in MGX?
Plus: Oracle deploys MENA’s first Blackwell-powered supercluster in Abu Dhabi
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
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