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Sandrine Zimra

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AD Ports Group exits NMDC with 17% return

United Arab Emirates

AD Ports Group exits NMDC with 17% return

AD Ports Group, the UAE’s leading ports, logistics and trade-facilitation company, has announced the sale of its 9.77% stake in NMDC Group PJSC to Alpha Dhabi Holding for AED 1.6 billion (US$436 million).

UAE–Serbia business forum targets stronger investment flows

United Arab Emirates

UAE–Serbia business forum targets stronger investment flows

The Abu Dhabi Chamber of Commerce and Industry, in partnership with the Serbian Chamber of Commerce and Industry, hosted the Abu Dhabi–Serbia Business Forum as part of ongoing efforts to position the emirate as a leading global hub for trade and investment.

S&P keeps Ras Al Khaimah at “A/A-1”

United Arab Emirates

S&P keeps Ras Al Khaimah at “A/A-1”

Ras Al Khaimah has once again earned international confidence in its economic model, with Standard & Poor’s (S&P) Global reaffirming the Emirate’s credit rating at “A/A-1” with a stable outlook. 

UK tax reforms push steel tycoon Mittal toward Dubai

United Arab Emirates

UK tax reforms push steel tycoon Mittal toward Dubai

Indian-origin steel tycoon Lakshmi N. Mittal, long considered one of Britain’s wealthiest residents, is reportedly preparing to shift his base away from the UK as Prime Minister Keir Starmer’s Labour government moves ahead with new tax measures targeting the super-rich, The Sunday Times reported.

QIA drops radical redevelopment plans as London offices heat up again

Qatar

QIA drops radical redevelopment plans as London offices heat up again

Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), is revising plans to overhaul HSBC’s 45-storey headquarters in London’s Canary Wharf, as a global rebound in office demand encourages companies to bring staff back on-site, two sources told Reuters.

ICD raises US$500 million in Sukuk listing on Nasdaq Dubai

United Arab Emirates

ICD raises US$500 million in Sukuk listing on Nasdaq Dubai

Nasdaq Dubai has listed a new US$500 million Sukuk issued by ICDPS Sukuk Limited and guaranteed by the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector arm of the Islamic Development Bank Group.

EIU sees Middle East among fastest-growing regions in 2026

Business

EIU sees Middle East among fastest-growing regions in 2026

The Economist Intelligence, in its latest report “Middle East Outlook 2026”, anticipates an economic rebound across much of the region—provided a fragile calm holds after years of geopolitical volatility, conflict, and energy market disruptions.

Flydubai places historic order for 150 Airbus A321neo jets

United Arab Emirates

Flydubai places historic order for 150 Airbus A321neo jets

Low-cost carrier Flydubai announced on Tuesday a landmark order for 150 Airbus A321neo aircraft, surpassing the size of its current fleet and marking the airline’s first-ever purchase from the European manufacturer. 

Ooredoo shares set for major movement as ADIA sells half its stake

Qatar

Ooredoo shares set for major movement as ADIA sells half its stake

The Abu Dhabi Investment Authority (ADIA) is set to sell 160.5 million shares in Qatari telecom giant Ooredoo, roughly half of its current holding, in a landmark secondary share offering valued between QAR 1.99 billion and QAR 2.09 billion ($546–$572 million).

Dubai Airshow 2025 set to redefine the future of global aviation

United Arab Emirates

Dubai Airshow 2025 set to redefine the future of global aviation

The Dubai Airshow 2025 will take place from 17–21 November at Dubai World Central (DWC) under the theme “The Future is Here,” bringing together the world’s top aerospace and defence leaders for what is expected to be the biggest edition in the event’s history.

Over 112 US companies now operate in Dubai’s DIEZ Zones

United Arab Emirates

Over 112 US companies now operate in Dubai’s DIEZ Zones

The Dubai Integrated Economic Zones Authority (DIEZ) has confirmed that more than 112 American companies are now operating across its three key zones — Dubai Airport Free Zone, Dubai Silicon Oasis, and Dubai CommerCity — making up 3.4% of total registered firms.

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