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More awarded contracts for Palm Jebel Ali, Kuwait Petroleum International eyes further expansion in the UAE, and Adia deploys more capital
Dubai’s Nakheel awarded AED 3.5 bn in contracts for villa construction in Palm Jebel Ali
THIS MORNING: Lawyers told to come back to the office as ceasefire holds (for now) + Dubai Investments might push IPO to the fall
Plus: Future-proofing is front and center on policymakers’ minds — from jet fuel to railway routes
M42 expands footprint in Brazil, AD Ports sells assets to Aldar, and another wager on autonomous aviation
M42’s acquisition lifts Diaverum’s footprint in Brazil to 18 clinics and three vascular access centers
The surge in fuel prices is working its way through the economy
Freight, food, and aviation are under early strain as businesses absorb fuel costs, for now
THIS MORNING: Dubai now has an air taxi station + Energy infrastructure repair bill balloons to USD 58 bn
Plus: FTA slashes slew of tax violation penalties
Finreon opens DIFC office, Etihad expands China routes, Sobha enters Abu Dhabi with AED 40 bn plan, and more Tasreef work completed
The new opening comes after regulators rolled out support measures for DIFC firms
THIS MORNING: US, Iran leave talks without an agreement + EGA declares force majeure on some contracts
Abu Dhabi Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan started an official visit to China
DAE, Blackstone launch new aircraft leasing platform
The new aircraft leasing platform is targeting around USD 1.6 bn of deployment a year
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