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THIS MORNING: Airtel Money looks set for a UAE IPO in 2026 + New mall coming?
Plus: Petrofac UAE projects are on track despite layoffs
Dubai Airshow day 2 wrap-up: Etihad, flydubai lock in Airbus orders + Emirates eyes new manufacturing facility, Strata plans engine part manufacturing
More agreements incoming from Dubai Airshow
Amanat education unit Almasar’s Saudi IPO priced at the top of the range following 102.9x institutional oversubscription
The institutional tranche of the offering drew heavy demand, with orders totaling SAR 61.6 bn
Adia backs yet another Indian IPO
The sovereign wealth fund snapped up a 5.75% stake for INR 750 mn (USD 31.1 mn)
Samana Developers gears up for its maiden sukuk issuance + eyes an IPO in 2026
Samana claims to hold around a 4% share of Dubai’s property market
THIS MORNING: DIB eyes debut s-linked sukuk + Multiple shareholders sign off on 2PointZero, Ghitha merger
Plus: UAE + Chad to sign trade agreement by year-end, ink USD 6.2 bn in agreements
Hookah maker Advanced Inhalation Rituals plans US Nasdaq listing in 1H 2026
This will happen through a merger with Cantor-backed SPAC
Adia backs the IPO of Indian digital stockbroker Groww
Adia backs Groww’s USD 754 mn IPO: The Abu DhabiInvestment Authority (ADIA), along with several other sovereign wealth funds including…
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