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Finance Ministry to hold dialogue with state-owned GCC firms next week + Adia still after DB Schenker
Plus: ADX is working on an Islamic index
Lunate launches German ETF on ADX
This is Lunate’s fifth ETF in 2024
Lulu Group to tap ADX in November, with plans for dual listing on Tadawul -report
Lulu Group could raise some USD 1.5-1.85 bn from IPO
NMDC Energy shares jump 20% on market debut
The IPO marks the largest listing in the UAE this year
Agriculture Bank of China lists USD 400 mn bonds on Nasdaq Dubai
Total outstanding fixed incomes bonds on the market now stand at USD 135 bn
Investcorp co-CEO steps down in senior reshuffle
Ben Gacem will remain as vice-chairman of Mubadala-backed Investcorp Capital
Real estate still in focus + a look at DFM’s partnership with Shenzhen
Binghatti reported heightened demand from wealthy Turkish and Egyptian buyers
Dubai companies saw net income rise 30.9% y-o-y in 2Q 2024
Companies listed in Abu Dhabi saw profitability rise 4.7% y-o-y in 2Q
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