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Flydubai breaks ground on USD 190 mn MRO hub in Dubai South
Plus: Abu Dhabi’s Knowledge Group acquires corporate training firm Biz Group
THIS MORNING: Adnoc could reportedly slow down its M&A spree amid falling oil prices + Trump-linked BTC miner sets up shop in Dubai
Plus: The UAE is one step closer to joining Depa
Adnoc drilling lands USD 800 mn contract for fracturing services
The five-year agreement is slated to begin in 3Q
How much of the UAE’s oil flows through the Strait of Hormuz, and what are the alternatives?
Adnoc exports nearly half of its oil through the strait
THIS MORNING: UAE reopens airspace + Trump says Iran and Israel agree to a ceasefire
Plus: Americana confirms talks with Cravia over a buyout
Traders are driving the UAE hedge fund boom
Many firms are relocating to keep traders happy, drawn by zero income tax and expat-friendly policies
THIS MORNING: CBUAE holds rates steady again + Al Habtoor to list hotel management arm on the DFM
Plus: Brent crude's premium to Dubai soars
Adnoc’s USD 19 bn LNG play could put it in the big leagues with Shell and ExxonMobil
The acquisition would position Adnoc closer to Shell and ExxonMobil, analysts say
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