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Dubai Airshow wraps up with plenty of agreements to boost eVTOl, manufacturing, and defense sectors
A local eVTOL player gets a boost + Strata inks another Airbus manufacturing agreement
BMI upgrades GDP forecast to 5.2% in 2025 and 5.6% in 2026
The growth is backed by Dubai’s stellar 2Q performance and a higher oil production forecast
Dubai ruler approves record AED 302.7 bn budget for 2026-2028
Revenues are forecast to come in at AED 329.5 bn for the next three years
THIS MORNING: UAE plans to invest USD 1 bn in African AI projects + IHC eyes Lukoil’s assets
Plus: An end to the RedBird IMI Telegraph saga?
NMDC Energy, Easy Lease look east with new offices, partnerships
Plus: Invictus Investment secures new financing from MCB
MRO + local manufacturing take center stage in day 4 of Dubai Airshow
Also: MBRAH is getting a new aviation services hub + RAK Airport will develop a VVIP terminal and private jet…
PE firm KKR expands to Abu Dhabi + Zand AED-backed stablecoin gets approval
Plus: Emirates NBD joins Finance Ministry’s retail T-sukuk initiative
Dubai Airshow day 3 wrap-up: flydubai locks in Boeing order, Emirates makes USD 3.4 bn Airbus order
More agreements incoming from the third day of the Dubai Airshow
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