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Mega Matrix, 9Yards launch USD 100 mn short drama fund in Abu Dhabi
The fund, based in ADGM, will support global acquisitions and investments focusing on short-form content and AI-driven productions
Abu Dhabi rents surge 20% in 2024 as supply struggles to keep up
Apartment rents climbed 22% y-o-y, while villa rents rose 9%
Big banks rush into stablecoins
Stablecoin transactions hit USD 710 bn last month, up from USD 521 bn a year ago
Arabian Construction secures AED 2 bn contract for Design Quarter development from Meraas
Plus: Moody’s upgrades RAK Bank’s outlook
Italian firm clinches USD 2.5 bn urban management contract for Abu Dhabi
Italian AI firm to bring AI urban solutions to Abu Dhabi: Abu Dhabi-based security firm Bold Technologies signed a USD…
Arada awards AED 604 mn contract for first phase of Sharjah’s new business district
Plus: Canada’s investment bank Canaccord Genuity is expanding into Dubai
THIS MORNING: Gulf Capital plans to sell its fertility business Art Fertility
Plus: More European m’naires are considering a move to the UAE
FAB restructures and brings in new leadership
Brigadier Al Dhaheri named director-general of ADCDA
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