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Edward Bell leaves ENBD for MUFG + Mohammed Al Shaibani leaves ICD board
At MUFG, Bell will cover the Middle East, Turkey, and energy markets
Investcorp makes a US acquisition
PLUS: RTA + Joby host first crew-manned aerial taxi flight
Alec Holdings set to become Dubai’s first corporate IPO this year
Subscriptions will run from 23-30 September.
Another hiccup in Adnoc’s Covestro takeover + Opec+ to weigh another supply hike on Sunday?
Plus: ICD’s Kerzner expands One&Only brand with new resorts in Fiji and US
Mubadala earns third highest score in Global SWF’s governance, sustainability, and resilience ranking
The SWF also came in second globally in terms of capital deployed over the past 5.5 years
Adnoc Drilling is now in Oman and Kuwait
The transaction is expected to close in 1Q 2026
Etihad Airways’ 1Q 2025 bottom line jumps in 1Q 2025 + ICD records strong 2024
The airline’s total revenue rose 15% y-o-y
Arabian Construction secures AED 2 bn contract for Design Quarter development from Meraas
Plus: Moody’s upgrades RAK Bank’s outlook
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