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THIS MORNING: Gems Education eyes Saudi school operator + Air taxis to hit Ras al Khaimah’s skies in 2027
Plus: Abu Dhabi earmarks AED 42 bn for livability strategy
THIS MORNING: New Emirates Road upgrade to cut Dubai-Ras Al Khaimah travel time + Dubai approves autonomous heavy vehicle regulations
Plus: Net sentiment for the banking sector fell 11%
Abu Dhabi and Dubai Chambers look east for collaboration
Plus: VFS Global prices USD 2 bn debt issuance
UAE construction pipeline swells
The UAE is on track to reach USD 130.8 bn in output by 2029, with growth averaging 4% a year
Sawiris-backed Orascom, OCI Global plan Abu Dhabi-based merger to form infrastructure and investment giant
The proposal would see Orascom absorb and delist OCI
HSBC opens its first Mena wealth center in Dubai
Plus: Emicool enters Abu Dhabi
GCCIA inks USD 500 mn financing agreement for UAE-Oman power link
The link will connect GCCIA’s Al Sila station in the UAE to a new Ibri station in Oman
THIS MORNING: Dubai property boom fuels expansion for Emaar, prompts potential Binghatti IPO
Plus: IFFCO weighs USD multi-bn debt restructuring
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