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G42 partners with US firm on AI models
Plus: Emsteel gets AA ESG rating from MSCI
THIS MORNING: Middle East IPO pipeline still intact amid conflict-induced jitters + Gulf visa gets the greenlight
Plus: Abu Dhabi eyes AED 47 bn in infrastructure contracts for 2H
Markets rebound, but oil jitters and war risks keep nerves taut
The MSCI Emerging Markets Index rose 1% while US and European equities pared back losses
MENA equities dive on war fears
Egypt bore the brunt of the sell-off
ICBC lists USD 1.72 bn green bond on Nasdaq Dubai
The three-tranche offering is due to mature in 2028
EIB delists from DFM
Emirates NBD completed its mandatory acquisition of all remaining EIB shares, following a prior AED 70 mn offer
DFM-listed firms outpaced Abu Dhabi’s in terms of earnings growth in 1Q 2025
In Dubai, financial, real estate, and telecoms made up over 88% of earnings, while Abu Dhabi gains relied heavily on…
China could soon have some global banking giants of its own to match Wall Street
Chinese President Xi Jinping called for efforts to help create “a few top-ranked investment banks and investment entities”
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