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UAE investors are pouring bns in Syria — but the bottlenecks aren’t far behind
Analysts warn that contractors, power, financing, and administrative capacity could become the next bottlenecks
More moves abroad from XRG, Emaar, PureHealth, and Masdar
The stake buys XRG into the main route carrying Azerbaijani gas into Europe
Emaar and Agility post robust 1H results
Emaar’s net income surged 25.6% y-o-y to AED 11.1 bn on revenues of AED 23.9 bn
THIS MORNING: FAB sees USD 1.4 bn in orders for latest Tier 2 issuance + port closures and pricing pressures are delaying Dubai Creek Tower
Plus: Dubai placed first for the fifth year in a row for FDI projects
Emaar doubles down on Dubai with AED 200 bn project
The AED 200 bn development would house nearly 150k residents across five districts
THIS MORNING: Emaar goes solo on Syria’s Yafour project + ADGM closes out 1Q with 13.4k active licenses
Plus: Private sector players are losing their salary payment grace period
Alabbar plans to invest up to USD 18 bn in Syria
Emaar founder Mohamed Alabbar said plans are underway for a USD 18 bn Syria-focused investment platform
THIS MORNING: IPO plans cool for Dubai Holding and EGA + More UAE, Syria collaboration is on the way
Plus: An Adia-backed IPO is hitting the US’ Nasdaq
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