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THIS MORNING: India’s Kotak receives SCA license, plans retail-focused funds in 4Q 2025 + IFZA in Panama?
Plus: UAE-based advisory firm to help Syria’s state-owned cement firm upgrade production
DP World expands Jebel Ali’s auto yard + Egypt’s Thndr now allows retail trading for ADX
ALSO- Arada awarded an AED 618 mn contract to its Anantara Sharjah project
THIS MORNING: UAE, Russia to double trade + Dubai-licensed crypto firms can now service other emirates
Plus: Mubadala Energy closed its acquisition of a 24.1% stake in US-based, Kimmeridge-owned Caturus
THIS MORNING: Guinea transfers EGA’s concession to state-backed firm + Dubai Investments to IPO one of its subsidiaries this year
Plus: Masdar in line for a stake in Inerdrola’s solar portfolio in Spain
DFM extends rally in July, outperforming regional peers
The MSCI GCC Index gained 2.2% during the month
THIS MORNING: Mubadala invests in LG Chem’s water treatment unit? + PMI out today
Plus: Al-Futtaim’s acquisition of a stake in Cenomi Retail cleared by Saudi regulator
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
Autocraft secures USD 1 bn of eVTOLs from China
Plus: Eric Trump-linked BTC venture secures DIFC license
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