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A couple of energy supply agreements, Dubizzle invests in Takeem, and Bitcoin Suisse secures ADGM approval
Japan’s largest exploration and production company inked a 15-year supply agreement with Adnoc
THIS MORNING: Al Ghurair plans to put land plots to use with new real estate developments + Masdar eyes USD 20 bn in investments
Plus: DFSA clears hedge fund startup Magellan after completing probe
Dubizzle delays IPO
This came despite “strong engagement and interest from investors”
THIS MORNING: G42 to launch sovereign AI cloud in France soon + Emirates NBD could get nod from Indian central bank for controlling stake in RBL
Plus: IEA expects supply glut in 2026
Dubizzle, Property Finder are gauging investor interest ahead of potential IPOs
Dubizzle could raise at least USD 500 mn from the transaction
Dubizzle Group is the new owner of Property Monitor
Property Monitor attracts 7.7k users monthly
Dubizzle taps new banks for 2025 IPO
Dubizzle could raise some USD 1 bn from the IPO
Plenty of crypto news, as Cointelegraph sets up shop in Dubai, BitOasis works on anti-money laundering, and Phoenix opens up a new mining site
Plus: Emirati banks extended AED 630 mn loans to IFA Hotels and Resorts
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