The pool has grown fast. Six active funds in 2024 held a combined USD 572 mn, only USD 42 mn of it deployed. By 2025, the cumulative count reached 14 funds targeting USD 1.28 bn, 89% still undeployed.

WEATHER- It’s getting hotter and hotter in Abu Dhabi, with temperatures rising to 46°C before cooling to a low of 32°C. It’s less warm in Dubai, with the mercury topping out at 42°C before cooling to ...

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Emirates REIT’s headline earnings fell 71% y-o-y to USD 54.3 mn in 1H 2026, as unrealized valuation gains dropped 79% to USD 37.2 mn off a high base, according to its interim report (pdf) and 1H ...

Abu Dhabi National Energy Company (Taqa) is delisting from the ADX, following a vote from its board of directors and the completion of L’imad’s acquisition of full control of the firm earlier this ...

Abu Dhabi-based Al Dahra has begun implementing a five-year wheat supply agreement with Egypt worth up to USD 500 mn ...

Monthly rent may ease the upfront pain for tenants, but the real test is who fronts the rent and carries the risk ...

Adnoc has chartered around 15 crude carriers to maintain shuttle movements and customer deliveries amid Red Sea and Hormuz disruptions ...

Abu Dhabi is deepening its US energy-tech ties. The Department of Energy (DoE) signed a series of MoUs with US regulatory and academic partners covering electricity and water regulation, network ...

Lebanon’s banking reform gets a rare nod from the IMF: The IMF has called Lebanon’s recently passed Banking Restructuring Law a “major step,” signaling that parliament reached a version that is close ...

Egypt dodges index downgrade: S&P Dow Jones Indices decided not to downgrade Egypt, confirming the country will keep its EM status, according to an EGX statement. The announcement closed out a review ...

Good afternoon, ladies and gents, and congratulations on making it to the long weekend. Can’t stop scrolling? We’ve broken down everything that’s been happening ...