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THIS MORNING: UAE authorities are probing Binance on “third-party” fund flows, reports say + UAE-Russia trade services agreement enters into force
PLUS: DP World moved 500k TEUs across the GCC via road and rail since March
DP World to develop new economic zone at Omani border
The 14 sq km zone, expandable to 25 sq km, will be developed by UAE-Omani JV Mahadha, led by DP…
ADIA closes reported USD 1 bn Qlik acquisition
Plus: More firms join DIFC, ADGM
Jafza to put AED 8.5 bn towards upgrades and expansions
The investment is earmarked for the development of new logistics facilities, infrastructure, and specialized markets in the zone
ADNH Catering finalizes Food Nation Catering Services acquisition
PLUS: DP World rolls out green freight fleet at Jebel Ali
Businesses in freezones can now more easily expand into mainland Dubai
A new resolution allows DET to issue licenses for businesses to expand operations
THIS MORNING: UBS also sees GDP growing at more than 5% -CEO + Vietnamese PM in the UAE
Plus: Abu Dhabi’s crown prince is heading to Singapore tomorrow
NMDC Energy IPO already oversubscribed
Plus: The visa overstay amnesty period kicked off yesterday
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