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Marjan, RAK Hospitality merge to create Ras Al Khaimah’s largest real estate developer
Abdulla Al Abdouli will serve as Group CEO
Hotel market revenues surge 11.9% y-o-y this year
Abu Dhabi led nationwide growth, followed by Dubai and Ras Al Khaimah
THIS MORNING: ADQ could be vying for Sicily’s Catania Airport + Etihad Airways plans USD 15 bn investment over seven years; but no firm IPO timeline
Plus: Space42 ships first domestically assembled SAR satellites to US
THIS MORNING: Adnoc submits concessions to secure Covestro acquisition + Adia locks in shares in LG India’s IPO
Plus: DAE sounds out banks for sukuk
Dubai, CBUAE eye capital markets boost
Plus: Ducab acquires Oman’s National Cables Factory
Five Holdings secures USD 460 mn revolving credit facility
The fresh financing is earmarked for expansion
Secondary share sales eclipse IPO proceeds + near triple 2024 volumes
Good morning, wonderful people. After a couple of rather busy days, it appears the news cycle is deciding to take…
ADX and Astana International Exchange link up
PLUS: DP World is managing Atlantis Dubai’s hospitality logistics + will link Morocco and northern Europe
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