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Nakheel hands 750 mn Palm Jebel Ali contracts to DBB
The contracts cover groundworks, utilities, and roadworks across several of the island’s fronds and its central spine
THIS MORNING: Al Habtoor leads delegation exploring investments in Syria + New digital work permit service for overseas hires
Plus: Dubai Blue Metro Line construction kicks off
Mashreq lists USD 500 mn sukuk on Nasdaq Dubai
Plus: EGA inks agreement to enter Ghana’s aluminium market
Adnoc Gas, Dewa, Salik join MSCI Emerging Markets Index + Apex Investment, Bank of Sharjah added to Small Cap Index
Adnoc Gas is now the third Adnoc subsidiary to join the MSCI EM Index
THIS MORNING: Tabreed eyes Asian expansion + UAE is ninth globally for FDI confidence
Plus: IPS congress kicks off
Arabian Construction secures AED 2 bn contract for Design Quarter development from Meraas
Plus: Moody’s upgrades RAK Bank’s outlook
THIS MORNING: Opec+ to hike production next month + Emergency Gaza-focused Arab League summit kicks off in Egypt today
Plus: Wood Group taps Rothschild for debt refinancing amid Sidara takeover talks
Dubai’s Hatta Hydro plant to begin clean energy exports in April 2025
The 250 MW plant, designed with 1.5k MWh of storage and an 80-year life span
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