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THIS MORNING: Shuaa Capital covers first tranche of mandatory convertible bond issuance + Abu Dhabi vertiport locations shortlisted
Plus: GCC could add USD 2.8 tn to its GDP by improving productivity -report
Lunate unveils US-denominated T-bill exchange-traded fund
This comes after Lunate launched five EFTs last year
Sharjah gov’t issues EUR 500 mn bonds, with order book 3.5x oversubscribed
71% of demand came from investors outside the MENA region
Sharjah taps banks for second EUR 500 mn issuance, as Moody’s assigns the emirate a Baa1 credit rating
The EUR 500 mn issuance follows two other issuances last year
THIS MORNING: France, UAE to invest in AI as part of planned strategic partnership
Plus: Construction costs could rise 2-5% in the UAE this year
Bank of Singapore strengthens Dubai team with six hires
The region is set to contribute up to 20% of the lender’s revenue and private banking assets in the coming…
Modon Holding acquires 50% stake in London office tower under new JV with Broadgate
PLUS: Rakez-registered businesses will now have access to additional value-added services
UAE President discusses stability and cooperation with Afghanistan's Interior Minister
ALSO- SCCI discussed ramping up economic, industrial, and tourism cooperation with India’s Kerala state
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