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Secondary share sales eclipse IPO proceeds + near triple 2024 volumes
Good morning, wonderful people. After a couple of rather busy days, it appears the news cycle is deciding to take…
UAE, Hungary Foreign Ministers meet to advance trade ties
UAE, Hungary discuss deeper trade ties: Foreign Trade Minister Thani bin Ahmed Al Zeyoudi met Hungarian officials, including Foreign Minister…
UAE GDP grows 3.9% in 1Q 2025
Manufacturing was the top growth contributor, expanding 7.7% y-o-y
UAE eyes industrial cooperation with India
The talks come as India looks to diversify its export markets after being hit by an additional 25% US tariff
DP World earmarks USD 400 mn for new freight corridor in Pakistan + eyes new terminal in Canada
The 50 km rail-based dedicated freight corridor will run from Karachi Port to the Pipri Marshalling Yard
THIS MORNING: US imposes anti-dumping duties on UAE exports of corrosion-resistant steel + UAE-New Zealand trade and economic partnership enters into force
Plus: BlueFive Capital’s PE fund with China’s CICC Capital has a USD 500 mn target
Maalexi secures USD 20 mn credit facility to support SMEs
The agri-trade fintech will scale its solutions in the UAE and Saudi Arabia
UAE, Angola sign trade agreement
New agreements were also signed in renewable energy, logistics, and agriculture
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