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THIS MORNING: US to ease AI exports? + No more OTPs as of today, CBUAE says
Plus: Masdar City firms could soon be allowed to own land, property in Dubai
Bank of Sharjah, Ajman Bank post 2Q gains
The Bank of sharjah attributes its performance to a diversified business mix and improved operations
SIB, NBQ see double-digit net income growth in 1H 2025
On a six-month basis, NBQ posted net income of AED 313.7 mn, up 10% compared to 1H 2024
Dragon Oil taps acting CEO + new real estate head for Shurooq
Dragon Oil’s acting CEO Abdulkarim Almaazmi has held leadership roles at BP UAE, BP Middle East, and Abu Dhabi Gas…
BioSapien lands more funding from Globinvest
Plus: Drake and Scull kicks makes real estate debut with land acquisition
Sharjah opens property market further to investment funds + introduces new reg plate regs
The council passed a resolution allowing investment funds to own and use real estate in the emirate
THIS MORNING: UAE on track to surpass Saudi Arabia in construction contracts for the first time in years
Plus: Dubai regulator reportedly searches offices of Magellan Capital
Mashreq expands footprint to Turkey with new office
Plus: Addleshaw Goddard opens office in ADGM
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