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Investcorp makes a US acquisition
PLUS: RTA + Joby host first crew-manned aerial taxi flight
Abu Dhabi will develop more than 10 vertiports as part of eVTOL commercial rollout
Plus: New AED 3 bn development coming to Al Marjan
UAE, US boost AI ties in the energy space
Plus: Emaar eyes new mixed-development project in Egypt
THIS MORNING: Adnoc could close Covestro acquisition before early December + DMCC to develop new financial center
Plus: UAE to hand over 60% of revenues from Islamabad Airport in takeover?
Emirates NBD extends EGP 20 bn in credit facilities to Egypt’s Elsewedy + FAB fined by Central Bank of Egypt?
Plus: Al Batha Healthcare expands into diagnostics with acquisition of Milab
THIS MORNING: Abu Dhabi to invest up to USD 2 bn in India’s logistics sector + CBUAE cuts interest rates by 25 bps
Plus: Dubai’s hotel market occupancy is projected to reach 81% in 2025
Germany’s largest asset manager coming to ADGM
Plus: South Africa’s FirstRand buys 20.1% stake in Dubai fintech ahead of listing
Dubai surpasses Las Vegas in hotel count
The emirate now ranks behind only London globally, with 56 new hotels under construction and occupancy at 83%
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