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UAE investors lead USD 3 bn round in The Boring Company as tunnel plans go national
The new round values TBC at USD 23 bn and comes as its UAE partnership expands beyond Dubai Loop to…
Dubai Holding hands out record contract, DP World joins Cochin Shipyard in JV, BlueFive wraps up Porsche stake takeover, DDSC rolled out at PoS locations, Umm Al Quwain and Sri Lanka eye freezone cooperation
China State Construction Engineering Corporation Middle East secured an AED 5 bn contract for a new HQ and Jumeirah Residences…
Mirae Asset opens DIFC office, Sav banks USD 3.5 mn for Saudi push, Investment Ministry helps Sunstone + EGA’s aluminum ambitions
Another global manager lands in DIFC South Korea’s Mirae Asset — which oversees more than USD 400 bn globally —…
Scale and flexibility got Dubai's holiday-home operators through the war. A recovery — and a rent reform — are both testing what comes next
As tourism claws back, the question is whether monthly-stay demand was a wartime habit or a permanent shift
THIS MORNING: Adnoc eyes stakes in refineries in Africa and Thailand + Goldman Sachs sees room for oil to climb higher still
Plus: Iran is drawing a new line around Hormuz with a new restricted maritime zone outside Hormuz
Abu Dhabi races ahead of Dubai as GCC earnings hit another record
Regional net income climbed 31.3% to USD 74.8 bn as higher oil prices powered energy earnings
MBZUAI goes all in on open, Carmignac plants its flag in Dubai, and Standard Chartered brings spot crypto trading to the UAE
Open AI model from MZBUAI, fresh capital into DIFC, and Standard Chartered warms up to crypto
Dubai-born Enhance raises USD 18.2 mn for US expansion
With more than 700 US gyms already using its software, Enhance is now armed with USD 18.2 mn to scale…
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