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The DIFC just removed the eligibility rules that kept its Cayman-style holding structure gated
The timing couldn’t be better: family offices are exactly who Dubai needs to reassure after 2Q’s foreign outflows
Bildco completes AG Group takeover, Dubai Investments raises stake in healthcare player, Symmetry is coming to Dubai
The takeover marks Bildco’s push beyond building materials
XRG increases stake in Rio Grande project + Emarat opens up in Armenia
Through its DIFC operations, the lender will let institutional clients mint and redeem USDC through its platform
THIS MORNING: MGX raises USD 49 bn + UAE-Iran trade is back
Plus: There’s now an easier way to settle commercial disputes through DIFC
THIS MORNING: FAB heads back to debt markets with a green bond + DMCC eyes T+0 gold contracts
DIFC firms are getting more AI supervision + a new ports authority is coming to Fujairah
Oak Hills Advisors to set up shop in DIFC + Edge, Safran team up again
Plus: Edge and Safran will set up 2 JVs focusing on weapon development
THIS MORNING: MAF is not delaying delivery for Tilal Al Ghaf homes, for now + Edge to set up Edge Europe in Paris
Plus: RAK’s property market is cooling q-o-q
Adia backs another India IPO, Amman Stock Exchange joins Tabadul, a new ins. firm comes to DIFC
Adia bought around 7.2% of precision equipment manufacturer KRN Heat Exchanger
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