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K2 partners with Malaysia on AI development
Plus: Canada’s BanQsi opens office in Dubai
du taps Turner & Townsend for work on hyperscale data center
Plus: CBUAE gives preliminary nod to Ant International, Mantas
EGA expands product line with new supply contract to Sankyo Tateyama + Adnoc L&S receives VLEC
Also: Fitch Ratings maintained Adnoc Murban’s long-term issuer entity AA credit rating with a stable outlook
Record number of firms join DIFC in 1H
The center saw a 25% y-o-y jump in active companies to 7.7k
Dubai greenlights its first tokenized money market fund, courtesy of DMZ Finance and QNB
It remains unclear when the vehicle will begin operations
DFSA proposes more risk and credit rule changes
Public comments on the consultation are open until 5 September 2025
THIS MORNING: UAE on track to surpass Saudi Arabia in construction contracts for the first time in years
Plus: Dubai regulator reportedly searches offices of Magellan Capital
Mashreq expands footprint to Turkey with new office
Plus: Addleshaw Goddard opens office in ADGM
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