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XRG-led consortium kicks off due diligence for Santos takeover
Santos’ board retains the right to engage with better offers starting four weeks into the exclusivity period
THIS MORNING: UAE on track to surpass Saudi Arabia in construction contracts for the first time in years
Plus: Dubai regulator reportedly searches offices of Magellan Capital
THIS MORNING: Mubadala eyes investment in Hong Kong-based ins. firm FWD Group Holdings’ IPO?
Plus: ADIA participates in HDB’s pre-IPO funding round
Fitch affirms UAE and Abu Dhabi’s long-term default ratings on strong fundamentals
The rating affirmation is attributed to a strong net external asset position
Zand gets a BBB+ rating from Fitch
Plus: Adio, Adpic to streamline PPP delivery
City vs. Al Ain game epitomizes the UAE’s decades’ worth of sports investments
The news outlet highlights Sunday’s Club World Cup match in Atlanta between UAE-owned Manchester City and Al Ain
Abu Dhabi’s DoH eyes local pharma production
Plus: Burjeel launches mental health platform
Meraas hands Naresco AED 450 mn contract for Dubai’s City Walk
Plus: Empower awards contract for new district cooling plant in Dubai
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