Gridora and ADPIC Partner to Boost Abu Dhabi Transport Infrastructure
Gridora, a new infrastructure platform supported by ADQ, the Investment Holding Company , and Modon Holding, has formalised its first major collaboration by signing a memorandum of understanding with the Abu Dhabi Projects and Infrastructure Centre . This partnership aims to streamline the planning and execution of key transport
Region
Sharjah Strikes AED5.5bn Real Estate Milestone in May
Sharjah achieved a total real estate trading value of AED 5.5 billion during May 2025, recording 8,415 transactions across the emirate. The total area traded reached 13.2 million square feet, underlining the emirate’s advancing market strength. Investors conducted 1,574 outright sales deals, accounting for
Mashreq’s $500 Million Sukuk Garners Global Attention
Mashreq Bank has secured a US$500 million Sukuk issuance through its special-purpose vehicle, Mashreq Al Islami Sukuk Company Ltd, with a secondary listing on Nasdaq Dubai. The trust certificates, set to mature in 2030, were unveiled under the bank’s US$2.5 billion Trust Certificate Issuance
Bitcoin Holders Exhibit Strategic Patience Amid 2024 Price Rallies
Bitcoin's market dynamics have shown a notable shift in 2024, characterized by increased activity among long-term holders and a surge in Bitcoin's supply. This development signals strategic patience among investors as the cryptocurrency experiences significant price rallies throughout the year. Data
