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AI + Innovation (MENA) 
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THIS MORNING: Masdar vies for Saudi solar projects + Biometric payments coming to gov’t service centers
Plus: Dubai’s aviation sector will contribute to 32% of the GDP by 2030 -report
Abu Dhabi to get Mandarin Oriental-branded project
PLUS: Finance House to funnel AED 300 mn into the ADX
DNEG's AI platform Brahma sets up headquarters in Abu Dhabi
Brahma executive chairman Prabhu Narasimhan relocating to the emirate as part of the move
Keep the earnings coming…
Parkin, Adnoc Distribution, Drake & Skull, Dewa, Etihad, and more post their financial results
Parkin share price rises 35% on market debut
The blockbuster IPO — the first of the year — raised some AED 1.57 bn
Parkin posts 24.9% rise in 2023 net income
The company’s revenues are up 13.6% y-o-y
First IPO of the year was 165x oversubscribed
The DIF-owned company priced its IPO at AED 2.10
Parkin to price its IPO + UAE’s economy to grow 4.6% in 2024, according to Moody’s
Good morning, lovely people. We have a packed issue for you this morning as we slide into the end of…
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