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United Arab Bank could sell USD 800 mn in non-performing loans
PLUS- Luxury and ultra-luxury home transactions are up in Dubai
THIS MORNING: ADQ could be vying for Sicily’s Catania Airport + Etihad Airways plans USD 15 bn investment over seven years; but no firm IPO timeline
Plus: Space42 ships first domestically assembled SAR satellites to US
THIS MORNING: Gold and diamonds to be tokenized by VARA and DMCC + Riyadh Air to launch Dubai route next month
Plus: Google’s Gemini Pro will be gratis for UAE university students for one year
THIS MORNING: EGA eyes acquisition of Brazil’s Companhia Brasileira de Alumínio? + Revolut CEO moves residency to UAE
Plus: Kuwait’s Jazeera Airways resumes flights to Abu Dhab
THIS MORNING: Adnoc submits concessions to secure Covestro acquisition + Adia locks in shares in LG India’s IPO
Plus: DAE sounds out banks for sukuk
THIS MORNING: Binghatti taps banks for IPO + Opec+ agrees to another production hike in November
Plus: MGX reportedly in talks to invest in Texan data center firm
THIS MORNING: XRG reaches final investment decision on Mozambique LNG facility + RAK to get autonomous taxis
Plus: BlueFive Capital, Sriwijaya Capital eye Southeast Asia-focused investment corridor
THIS MORNING: Gulftainer eyes USD 1 bn in investments in Egyptian ports + UAE investors eye acquisition of port in Bangladesh
Plus: Ducab’s recently acquired Salalah plant to lift output by 10%
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