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Rating updates for FAB, Emirates NBD, and ADIB
Plus: Barakah nuclear plant’s fourth reactor is now running at commercial scale
Azizi taps Saudi’s Bahra Electric to power Dubai developments
ALSO- Emirates NBD’s REIT looks to rebalance its portfolio with new residential, retail, or education assets
Technomak Energy expands operations in Sharjah's Hamriyah Free Zone
Plus: Emarat Aloula awarded an AED 260 mn Adnoc contract
Deadline pushed for Adia consortium to finalize bid for Hargreaves Lansdown + Abu Dhabi’s hotel occupancy rates to hit new record this summer?
Plus: Yesterday saw USD 6.4 tn wiped from global stock markets
Shorooq Partners leads USD 1.5 mn investment in Pakistani startup Zyp
Shorooq Partners led a USD 1.5 mn funding round for Pakistani mobility startup
Amea Power to expand renewable energy projects in Egypt
PLUS: Sharjah’s green bond issuance is live
Eagle Hills earmarks USD 3 bn to develop Indonesia’s infrastructure
The agreement took place on the sidelines of the Indonesian president’s two-day visit to the UAE
Travel ban on Nigeria lifted + Indonesian president is in town
Plus: The UAE raised some USD 1.3 bn from IPOs in 1H 2024
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