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THIS MORNING: UAE eyes investments in Rosatom’s nuclear projects + Adnoc, IHC out of the race for Lukoil’s assets
Plus: UAE, Russia presidents talk investments, Iran
Sobha makes AED 50 bn residential play, Sharjah oil firms land Kurdistan supply agreements, Khansaheb snaps up Emsteel vertical, and Al Ghurair makes a new investment
Sobha’s new project will deliver 20k homes, with handovers slated to begin in 3Q 2029
THIS MORNING: EU, UAE trade pact to come within months? + Damac secures US land for data centers
Plus: Foreign investors ended 2025 as net buyers of UAE equities
Gulf national oil companies are spending more than their international counterparts in the next two years
This spending cut comes as major capacity projects near completion
THIS MORNING: IMF sees MENA growing 3.9% in 2026
Plus: AD Ports eyes Nigeria’s ports
THIS MORNING: Adnoc eyes Venezuelan oil + National Bank of Canada sets up shop in Dubai
Plus: Mubadala takes a stake in new carved-out Reliance consumer arm
Tadweer opens up down under, India’s state giants make oil find in Abu Dhabi, a petrochem plant for Jebel Ali, and Emaar and Alef team up in Sharjah
Tadweer plans to divert some 700k tonnes of waste from landfill a year in Australia
UAE set to be a “fiscal outlier” and the fastest growing country in the Gulf this year
The UAE is projected to achieve a fiscal surplus of up to 4.0% of GDP
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