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TSMC is reviving potential plans for a USD multi-bn advanced chip factory in the UAE
PLUS: Adani walks away from acquiring Emaar Group’s India operations
Mubadala, Taqa complete acquisition of majority stakes in Uzbekistan power plant
Plus: Emaar earns rating upgrade from Moody’s
DFM-listed firms outpaced Abu Dhabi’s in terms of earnings growth in 1Q 2025
In Dubai, financial, real estate, and telecoms made up over 88% of earnings, while Abu Dhabi gains relied heavily on…
Mubadala, Sharjah Islamic Bank, and ADCB tap debt markets
Initial price guidance was set at a spread of 95 bps over US Treasuries
Mashreq is now the first UAE bank to offer instant payments for SMEs
Plus: Pony.ai to launch robotaxi trials in Dubai this year
Sports consulting firm Elevate enters Middle East with Rise Group acquisition
Global sports consulting firm acquires Rise Group: US-based global sports and entertainment consulting firm Elevate Sports Ventures has acquired Dubai-headquartered…
ADCB eyes second USD 600 mn Formosa bond sale this year
The senior unsecured notes are priced at a spread of 100 bpd above SOFR
S&P sees Abu Dhabi’s GDP growing 2.5% this year
The emirate’s GDP grew by 3.8% last year
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