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THIS MORNING: India’s Kotak receives SCA license, plans retail-focused funds in 4Q 2025 + IFZA in Panama?
Plus: UAE-based advisory firm to help Syria’s state-owned cement firm upgrade production
Dubai’s economy expands 4% in 1Q
The wholesale & retail contributed with the largest chunk to the emirate’s GDP with AED 27.5 bn
UAE EV maker NWTN makes its foray into Pakistan
The agreement grants NWTN exclusive rights to use JW’s complete knock-down automotive assembly plant in Lahore
THIS MORNING: Etihad Rail could invest in new railway extension in Kenya + Western countries issue warning to Israelis traveling to the UAE
Plus: FAB, ADHA roll out subsidized Islamic home financing to Emiratis
THIS MORNING: Guinea transfers EGA’s concession to state-backed firm + Dubai Investments to IPO one of its subsidiaries this year
Plus: Masdar in line for a stake in Inerdrola’s solar portfolio in Spain
Adia invests USD 200 mn in Indian medical device manufacturer Meril
The investment values Meril at an enterprise value of USD 6.6 bn
India’s Shapoorji Pallonji completes first Dubai residential project
Plus: Dar Global awards AED 201.5 mn main works contract for Rak project
Abu Dhabi's GDP grows 3.4% as non-oil sector hits record share
GDP reached AED 291 bn
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