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THIS MORNING: Three or five IPOs before the end of the year? + CBUAE, Presight form tech JV focused on financial markets
Plus: Etihad Airways expects 18 aircraft deliveries this year
Mashreq taps new head of AI
Japan’s Nomura and Egypt’s Middle East Glass Manufacturing also appointed Dubai-based leads
Dubai property prices continue to rise, but growth slows in 2Q 2025
Sales still reached record highs amid strong demand
THIS MORNING: Abu Dhabi’s minority stake in Telegraph gets greenlight from UK lawmakers + Dubai’s one freezone passport goes live
Plus: UAE passport climbs the ranks to eighth position worldwide
Breaking down DIFC’s latest amendments to data, security, and insolvency laws
Individuals can now file claims in DIFC courts for unlawful processing of their data
Dubai’s contactless dining startup Qlub secures USD 30 mn for expansion
The funding round was co-led by Shorooq Partners and Cherry Ventures, and saw participation from e& and Mubadala
Dubai office rents steady in 2Q as demand shifts to larger spaces
While prime rents remain 36% higher y-o-y on average, rents were flat q-o-q in 11 of the 23 submarkets monitored…
Jewelry powerhouse Damas acquired by Indian jeweler Titan
The transaction is valued at AED 1.04 bn
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