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Bildco completes AG Group takeover, Dubai Investments raises stake in healthcare player, Symmetry is coming to Dubai
The takeover marks Bildco’s push beyond building materials
Dubai’s housing market is fragmenting as record handovers redraw the pricing map
Comparable values fell around 10% in some supply-heavy communities, while limited-stock locations proved more resilient, and developers slowed new launches
THIS MORNING: Indian, Emirati regulators talk FX deposit friction + Dubai’s property market continued to soften in June
Plus: More details on Alabbar’s Syria project
Dubai Islamic Bank’s profit barely moved in 2Q — even as revenue jumped 5%
Impairment charges nearly doubled as the war left its mark on the balance sheet
From LNG tankers to waterfront projects, UAE capital keeps flowing despite regional risk
Four agreements this week show capital isn't waiting for the region to calm down
THIS MORNING: Another rating affirmation + Al Taweelah back at 50% capacity within days
Plus: A new AED 2 bn Dubai road project
Commercial Bank of Dubai upsizes its AT1 comeback to USD 550 mn after orders top USD 825 mn
The AT1 replaces the AT1 redeemed in April 2020
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
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