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Logistics (MENA) 
ADCB’s Formosa bond issuance raises USD 600 mn
The bonds are listed on the Taipei Exchange and Euronext Dublin
THIS MORNING: Shuaa Capital covers first tranche of mandatory convertible bond issuance + Abu Dhabi vertiport locations shortlisted
Plus: GCC could add USD 2.8 tn to its GDP by improving productivity -report
Dana Gas’ net income hits AED 553 mn in 2024 + ADSB sees net income nearly double
Dana Gas inked a new agreement with Egypt last December
UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island
Wynn Resorts secures USD 2.4 bn loan for Wynn Al Marjan Island: Wynn Resorts obtained a USD 2.4 bn construction…
FAB, Tecom Group, Adnoc Gas and more report 2024 earnings
Adnoc Gas saw net income hit a new record in 2024
Adia appoints Mustapha Argane as investment manager + HSBC appoints new MENAT banking head
Karim Tannir was appointed head of HSBC’s Menat banking division
THIS MORNING: Eshraq to invest in Shuaa’s bond offering? + Dubai to lead luxury real estate price growth this year -Savills
Plus: Abu Dhabi Airports saw record passenger growth in 2024
Abu Dhabi residential prices jump 6.2% in 4Q 2024 despite decline in off-plan sales -ValuStrat
Apartment prices are projected to increase by 6% in 2025, while villa prices could see 4% growth
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