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THIS MORNING: UAE and Philippines’ trade agreement to be inked within weeks + Warburg Pincus secures Dubai license
Plus: McLaren to auction off three racecars for the first time in Abu Dhabi later this year
du taps Turner & Townsend for work on hyperscale data center
Plus: CBUAE gives preliminary nod to Ant International, Mantas
Adib Capital launches fund to invest in sharia-compliant trade transactions
Its investments will be managed by Goldman Sachs Alternatives, targeting a diversified portfolio of prospects
THIS MORNING: India’s Kotak receives SCA license, plans retail-focused funds in 4Q 2025 + IFZA in Panama?
Plus: UAE-based advisory firm to help Syria’s state-owned cement firm upgrade production
Ewec issues RFP for the 3.3 GW Al Nouf power plant
The project is slated for commercial operations in 3Q 2029
THIS MORNING: Joby Aviation on track to complete first Dubai vertiport by 1Q 2026 + Could Starlink come to the UAE?
Plus: Abu Dhabi toll caps scrapped as of September
UAE makes big leap in quantum computing space
The partnership gives TII researchers access to Quantinuum’s quantum computing platforms
Prime office demand surges in UAE
Dubai’s pipeline will add 15.8 mn sq ft by 2030, while Abu Dhabi has nearly 175k sqm due by 2027
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