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Riyadh, Dubai, and Abu Dhabi gain ground in Global Financial Centers Index despite regional conflict
Riyadh and Abu Dhabi logged two of GFCI’s largest gains anywhere, while Dubai’s underlying rating rose even as its rank…
New organic-waste valorization pilot plant, Musafir acquires FLYCT, DFDF backs Nordstar’s AI-focused fund, and Nakheeel awards a Dubai Islands contract
The plant will process up to 40 kg of waste daily
Dubai inflation rises to 5.5% as transport costs force Emirates NBD to lift year-end forecast
Transport costs drove August inflation higher, prompting Emirates NBD to lift its year-end forecast to 5.6% from 2.9%
THIS MORNING: L’imad eyes stake in cargo giant + UAE, Oman eye Hafeet Rail trials in 4Q 2027
Plus: A new platform will give Dubai authorities more visibility over their cybersecurity posture
Dubai’s warehousing and retail property market turns more selective as rents rise and new leasing falls
Retail sales are still booming and warehouse rents are rising, but new leasing is falling sharply as occupiers stick with…
UAE’s proptech surge faces its hardest test: ROI
Property technology is moving from listings and dashboards into the buildings themselves. The next frontier is proving that it pays
THIS MORNING: Adia, Lunate eye a hefty piece of Indian bourse’s USD 2.7 bn IPO + DP World plans truck fleet expansion amid Hormuz disruption
Plus: Did Emirates just clinch its long sought-after Berlin slot?
Brics’ bank lists USD 1.75 bn on Nasdaq Dubai, Dubai Healthcare City gets an AED 3 bn residential wager, flydubai launches its dedicated cargo operations
The listing was part of NBD’s USD 50 bn EMTN program
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