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Bildco moves into ins. with planned Al Khazna stake
The transaction would bring fresh capital into the insurer as Bildco accelerates its push beyond building materials
Adnoc hires CIO, Bybit names compliance chief, and Gallagher has a new MENA head
Adnoc taps Morgan Stanley energy banker to lead investment push: Abu Dhabi’s Adnoc appointed Michael O’Dwyer (LinkedIn) as chief investment…
THIS MORNING: UAE looks beyond GCC-UK trade agreement + Adia to cash in on Jersey Mike’s US IPO
Dubai Customs’ measures protected AED 33.9 bn worth of trade moving
Salama names Humaid Alqutam as chairman, rebuilds its board committees after last year’s capital restructuring
A former UAE health and education minister now runs the board; a 30-year insurance veteran runs point beneath him
Adnic CEO Charalampos Mylonas steps down + new finance undersecretary in Abu Dhabi
The insurer appointed EVP and Chief Underwriting and Strategic Accounts Officer Jugal Kishore Maadan as acting CEO
Adia backs another India IPO, Amman Stock Exchange joins Tabadul, a new ins. firm comes to DIFC
Adia bought around 7.2% of precision equipment manufacturer KRN Heat Exchanger
THIS MORNING: UAE earmarks AED 1 bn investment for space sector + Is a GCC-UK trade agreement coming our way today?
Plus: Etihad Rail will come to Abu Dhabi, Dubai, and Fujairah first + the UAE is rolling out universal healthcare…
BlueFive acquires stakes across GCC ins. and mobility as it looks to consolidate fragmented sectors
BlueFive locked in a 42% stake in Saudi insurer GGI while separately acquiring a 49% stake in fleet-management firm Massar…
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