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MGX invests in Anthropic’s latest funding round + the latest T-sukuk was oversubscribed, again
MGX first invested in the firm back in February
More tech wagers from Mubdala + a Sharjah-Oman logistics corridor
Mubadala bought a stake in US’ Palantir
THIS MORNING: EGA eyes stake in Omani rival + Masdar secures approval for UK offshore wind project
Plus: Aldar expands further in Dubai
Foreign appetite for UAE debt holds firm as SIB’s AED 2.59 bn rights issue is 3.2x oversubscribed
Foreign investors accounted for 55% of overall demand, suggesting that March’s “risk-off” sentiment is fading
UAE launches AED 1 bn industrial fund
The first phase targets essentials from eggs and bread to dairy and bottled water, alongside a wider push to localize…
Aldar + Mubadala acquire The Link, Investcorp leans deeper into US housing, Sharjah gets more EV infrastructure, another Emirati name lands in Ras El Hekma
Aldar and Mubadala already teamed up on a JV that included a development plan for Masdar City
SIB’s net income rises 19.4% y-o-y in 1Q 2026
Income from Islamic financing and sukuk grew 14.4% y-o-y to nearly AED 1.1 bn
SIB taps market with AED 2.6 bn discounted rights issue
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