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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
Drake & Scull secures AED 152 mn compensation from former executives
Dubai’s Cassation Court rejected all appeals against the ruling
Gov’t sells USD 1.5 bn in eurobonds + Dubai’s property market is in for an “unprecedented” summer
Good morning, friends, and welcome to an uncharacteristically calm hump day. We say calm despite the big story of the…
Another ADX-Tadawul listing soon?
Plus: Mubadala mulls sale of Wefox
THIS MORNING: Sidara makes final play for Wood Group + President in China
Plus: Drake & Scull’s shares soared 30% on its return to the DFM
China’s EHang to develop eVTOLs in the UAE + JAS breaks ground on logistics hub
PLUS: UAE, China to collaborate in clean energy
EFG Hermes 1x1 wraps today
Plus: A lot of M&A speculation and a relisting