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THIS MORNING: Mubadala invests in LG Chem’s water treatment unit? + PMI out today
Plus: Al-Futtaim’s acquisition of a stake in Cenomi Retail cleared by Saudi regulator
THIS MORNING: Abu Dhabi’s minority stake in Telegraph gets greenlight from UK lawmakers + Dubai’s one freezone passport goes live
Plus: UAE passport climbs the ranks to eighth position worldwide
Dubai Metro expansion gets AED 3.9 bn boost from Emirates NBD
Work on the AED 20.5 bn project kicked off last month
THIS MORNING: More share sales coming up in 2H? + President Mohamed bin Zayed Al Nahyan heads to Turkey on a working visit
Plus: Inflation is set to moderate across the GCC in 2H 2025 -Emirates NBD
New Dubai law creates regulatory body, compliance system for contractors
Violations carry fines of AED 1k-100k, with repeat offenses within a year doubling to AED 200k
More potential crypto payments for flights + at airports
Plus: CDB lists dual-currency bonds on Nasdaq Dubai
Du, Omantel activate 275-km subsea cable
Plus: Metro Blue Line project management contract goes to Parsons
Abu Dhabi and Dubai take top global spots in data center growth rankings
Khazna Data Centers leads the surge, controlling over 50% of the UAE’s data center market
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