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Infrastructure 
AED 1.8 bn for Ajman infrastructure, DTC becomes top taxi, Adnoc deepens energy ties with South Korea
Ajman is investing AED 1.8 bn over five years for municipal projects
The AT1 party keeps growing — and now it’s the smaller names crashing it
Ajman Bank priced its debut AT1 at 6.50% overnight, while Commercial Bank of Dubai just mandated its own benchmark
THIS MORNING: Korea Inc. could get an Abu Dhabi base + Ajman Bank joins the AT1 party
ADCB updated customers that its main systems are back up and running after days of outages
THIS MORNING: Petrofac sells UAE unit to US, UK players + Alec clinches construction contract for The Sphere
Plus: Both IHC and Alabbar are eyeing struggling IFFCO
Janus Henderson taps Naveen Kumar to drive ME intermediary business
Franklin Templeton veteran Kumar joins the firm to deepen its engagement with regional partners
FAB, Ajman Bank, NBF see net income rise in 2025
The board recommended an AED 8.8 bn payout for the year
Investcorp makes a US acquisition
PLUS: RTA + Joby host first crew-manned aerial taxi flight
Emaar plans another big-ticket investment in Egypt
Plus: Space42 makes Thuraya 4 satellite globally available
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