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Dubai developers still bank on branding even as doubts grow over its value
Karl Lagerfeld has signed a partnership with Aark Developers on a USD 1.4 bn beachfront branded residential project
Mubadala wraps investment in Korean clean water startup + DP World, Masdar City Freezone expand abroad
Plus: US identity security firm Savyint rolls out Dubai HQ
Dubai introduces tighter regulations for trading petroleum products
The Dubai Supreme Council of Energy will oversee petroleum products trading
A tokenized litigation fund is coming to Dubai
The vehicle will invest in UK law claims and issue digital tokens to investors instead of traditional fund units
Revibe raises USD 17 mn in a new funding round
The funds will be used to improve the marketplace’s service quality, device performance, and accelerate international expansion
Dubai, Abu Dhabi lead 3Q earnings growth in the GCC
Dubai-listed firms’ net income jumped 29.7% y-o-y, while Abu Dhabi companies posted a 17% increase
Switzerland’s Julius Baer to launch advisory outpost in ADGM
Plus: Air Arabia rolls out London service as of next March
Price growth slows as Dubai’s property cycle matures
UAE developers have raised over USD 6 bn in bonds and sukuk since 2021 to fuel expansion
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