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Logistics (MENA) 
Damac prices USD 750 mn sukuk amid strong demand
The order book exceeded USD 2.1 bn, reflecting a 2.8x oversubscription
THIS MORNING: FlyDubai eyes JV in India + Damac taps advisors for potential sukuk
Plus: Is Opec+ mulling another delay of supply hikes?
THIS MORNING: More bidders for the Telegraph? + Damac to rely on borrowing for USD 20 bn US data center investment
Plus: FTX disputes Dubai-based Backpack’s acquisition of FTX EU
Nomura to expand Dubai team
India’s FirstCry earmarks AED 50 mn for UAE expansion
Dragon Oil has USD 500 to invest in Egypt + Edgnex to invest in Turkey data center
Dragon Oil wants to raise its production from the North Safa oil field in the Gulf of Suez to 8k…
Up we go
Property prices will moderate slightly on the back of potentially lower interest rates and limited post-handover payment plans