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THIS MORNING: Mubadala eyes stake in Italian telecom giant + Softbank’s Masayoshi Son sounds out GCC investors for AI fund
Plus: Airtel Money shares slip on IPO debut
Gulf stock exchanges are growing in importance, but they’re still a long way from becoming capital market hubs -Fitch
The diagnosis lands in a year when UAE and Saudi IPOs have all but dried up
THIS MORNING: Airtel Money and Lindt steer clear of the UAE as EQT and Alibaba lean in
Plus: UBS says Dubai's bubble risk has eased since March, but the city is still fourth on its global index
THIS MORNING: Adia, Lunate eye a hefty piece of Indian bourse’s USD 2.7 bn IPO + DP World plans truck fleet expansion amid Hormuz disruption
Plus: Did Emirates just clinch its long sought-after Berlin slot?
THIS MORNING: Adia-backed Jio takes its IPO on the road + ADGM assets up 54% y-o-y in 1H
Plus: India’s Odisha state is back in the UAE
The UAE's follow-on market is already lining up for a 4Q reopening, even as its IPO pipeline stays frozen
Analysts see a selective reopening of capital markets, led by familiar, liquid names
Anthropic’s backers are pricing in USD 2 tn valuation
The upcoming wave of AI IPOs is also making wealth managers reassess their tactics
Adia is back at India’s public offering market
Adia was among the anchor investors for Manipal’s IPO
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