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IHC, Fertiglobe, Invictus, and Dubai Investments post 2Q earnings
IHC’s bottom line grew 55.3% y-o-y
DFM extends rally in July, outperforming regional peers
The MSCI GCC Index gained 2.2% during the month
THIS MORNING: Opec+ hikes production for September, unwinding production cuts + Dubai, Ras Al Khaimah see 6% y-o-y increase in tourists in 1H
Plus: Amea Power joins Cox’s desalination project in Morocco
More 2Q earnings roll in
Union Properties | Borouge | PureHealth | e& | Deyaar | National Bank of Fujairah, Dubai Financial Market
The UAE secured USD 5.4 bn in greenfield FDI in 1H 2025
Kuwait, US, India, China, and Italy were the top capital investors
THIS MORNING: Adnoc Drilling eyes another acquisition in Kuwait and Oman + Fuel prices are down marginally in August
Plus: Gulf Capital eyes three or four more exits in the next 18 months
THIS MORNING: CBUAE holds rates steady, again + ADGM proposes amendments to expand authority for tighter oversight
Plus: Another UK hedge fund bites the dust and relocates to the UAE
Amea’s Cox inks EUR 250 mn agreement for desalination and wind power in Morocco + DIB, Emirates NBD lend to firms overseas
Plus: Yango and AD Ports expand further abroad
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