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NMDC Energy closes AED 3.2 bn IPO with 31x oversubscription rate; shares start trading 11 September
Plus: GCC bank profitability looks good this year | Leon Black sets up family office outpost in ADGM
AIQ mulls IPO + Dubai home prices to rise this year
Plus: World’s second-tallest tower to reach 725 meters in Dubai
It’s the last day to subscribe to NMDC Energy’s ADX IPO
Plus: Adia and co-investors are selling a USD 1.2 bn stake in Swiss skincare outfit Galderma
Nomura to expand Dubai team
India’s FirstCry earmarks AED 50 mn for UAE expansion
Empower to develop second Jumeirah cooling plant
Empower intends to establish a total of six district cooling plants in Jumeirah to produce a total of 256k RT
Real estate still in focus + a look at DFM’s partnership with Shenzhen
Binghatti reported heightened demand from wealthy Turkish and Egyptian buyers
Where prices are heading in Dubai’s red-hot property market, the future of demand in Dubai South, and more
The supply crunch is expected to remain in the short to mid term, while a price correction cycle could take…
Majid Al Futtaim Properties appoints John Rishton as acting chairman
Rishton is also the chairman of Serco and Informa
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