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Infrastructure 
THIS MORNING: UAE eyes USD 6 bn India grid link to export surplus clean power + The UAE now has 130.5k m’naires
Plus: RTA eyes reduction in travel time and more productivity with new AI strategy
IFS appoints new MEA head to drive regional growth + UAE gets new special envoy for business and philanthropy
Plus: Wall Street Exchange gets new leadership
Ajman Bank net income up 25.4% y-o-y in 1Q 2025
The bank attributed its solid financial performance to improved recoveries, cost rationalization, and efficiency gains
THIS MORNING: US Energy Secretary begins his UAE visit + Emirati investors are in discussions to establish a Nigerian gold refinery
The UAE to become the second-largest remittance corridor into India in 2025
Northern Emirates saw c.3% rental rate growth for most of 2024 as more Dubai tenants relocate
Ras Al Khaimah led the Northern Emirates with a 78% jump in transaction values
Abu Dhabi real estate hits AED 96.2 bn in transactions in 2024
Abu Dhabi’s real estate market saw some AED 96.2 bn in transactions in 2024, marking a 24.2% y-o-y increase in…
Ajman Bank turns to the black in 2024
The performance was attributed to the bank’s efforts to remediate assets
Ajman approves AED 3.7 bn budget for 2025
Quality of life comprises the lion’s share of the total budget
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