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PE firm KKR expands to Abu Dhabi + Zand AED-backed stablecoin gets approval
Plus: Emirates NBD joins Finance Ministry’s retail T-sukuk initiative
UBS taps lead for new ADGM office
The appointment will be effective from 4 December
Dar + Trump partner to develop and tokenize hotel in Maldives
Plus: Aster to build two new hospitals with AED 265 mn in financing from Emirates Development Bank
ADGM hardens enforcement toolkit for stablecoins
FSRA can now attach limitations or conditions at the moment of licensing and impose additional requirements on a case-by-case basis
Global banks, aviation, and energy players flock to the UAE
Plus: Cisco, G42 partner on AI infrastructure
ADGM overhauls enforcement rules with new fines + settlement framework
The new framework took effect immediately upon publication
Germany’s largest asset manager coming to ADGM
Plus: South Africa’s FirstRand buys 20.1% stake in Dubai fintech ahead of listing
Emirates’ first carbon capture plant kicks off operations
Plus: Aldar Estates launches AI-enabled automated parking with Parkonic
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