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THIS MORNING: Shuaa Capital covers first tranche of mandatory convertible bond issuance + Abu Dhabi vertiport locations shortlisted
Plus: GCC could add USD 2.8 tn to its GDP by improving productivity -report
Lunate unveils US-denominated T-bill exchange-traded fund
This comes after Lunate launched five EFTs last year
Sharjah gov’t issues EUR 500 mn bonds, with order book 3.5x oversubscribed
71% of demand came from investors outside the MENA region
Sharjah taps banks for second EUR 500 mn issuance, as Moody’s assigns the emirate a Baa1 credit rating
The EUR 500 mn issuance follows two other issuances last year
THIS MORNING: France, UAE to invest in AI as part of planned strategic partnership
Plus: Construction costs could rise 2-5% in the UAE this year
AD Ports names MAG Group as lead developer for Marsa Zayed
The first phase will consist of 1.2 km of Red Sea beachfront
Earnings season heats up
Emirates NBD, Al Seer Marine, Commercial Bank of Dubai, and more report 2024 earnings
Bank of Singapore strengthens Dubai team with six hires
The region is set to contribute up to 20% of the lender’s revenue and private banking assets in the coming…
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