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Logistics (MENA) 
Adia backs GL Capital’s continuation vehicle for SciClone Pharma + MGX invests in DataBricks, OpenAI again
GL Capital first invested in SciClone in 2012
THIS MORNING: Gems Education eyes Saudi school operator + Air taxis to hit Ras al Khaimah’s skies in 2027
Plus: Abu Dhabi earmarks AED 42 bn for livability strategy
UAE banks’ earnings flat in 2Q as impairments surge
Impairments jumped 81% q-o-q to AED 2.9 bn, wiping out gains from a 5.5% rise in net loans and advances
Abu Dhabi property hits record AED 54 bn in 1H, demand set to outpace supply through 2028
Abu Dhabi’s total residential stock stood at around 400k units in 1H 2025
Abu Dhabi returns to international debt markets with a dual tranche issuance
The bonds are senior unsecured fixed-rate instruments and are set to be listed on the ADX and the London Stock…
Scarce supply pushes housing sales higher, squeezes office vacancies in 2Q 2025 -JLL
Abu Dhabi’s office vacancy fell to 1.5%, while Dubai’s dropped to 7.7%
Abu Dhabi and Dubai Chambers look east for collaboration
Plus: VFS Global prices USD 2 bn debt issuance
THIS MORNING: Dubai’s bubble risk rises amid looming supply glut, less affordable prices + BYD to roll out hundreds of fast chargers in the UAE
Plus: UAE is one of the world’s top five destinations for crypto investors, according to Henley & Partners
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