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L&T to build substation in UAE + Miral, e& launch Yas Island Metaverse
PLUS- XS.com obtains SCA license
THIS MORNING: Dubai’s KHDA mulls initiatives to lower private school tuition fees + ADX to add three more exchanges to Tabadul this year
Plus: Tadweer launches new waste collection arm
Presight, Shorooq launch USD 100 mn global AI fund
The fund will target AI, machine learning, and data analytics startups across multiple sectors
Work underway on AD Ports’ USD 250 mn Angola port upgrade
Plus: Presight to support Azerbaijan’s AI drive
G42 to sell 2% of Presight AI in secondary sale
G42 will retain around a 68.5% stake after the sale
Adnoc Gas, Presight, and several others join FTSE indices + Burjeel’s out
The changes take effect after market close on 19 September 2025
DAE secures 10 Boeing amid fleet reshuffle + Enec eyes international nuclear projects with Hyundai
Plus: Saudi fintech Lean is now authorized under the UAE’s Open Finance Framework
THIS MORNING: Three or five IPOs before the end of the year? + CBUAE, Presight form tech JV focused on financial markets
Plus: Etihad Airways expects 18 aircraft deliveries this year
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