BusinessLatest Business and Company Updates
MAIR Group’s Abu Dhabi IPO Set to Boost Market Dynamics
Abu Dhabi’s strategic investment company, MAIR Group, is preparing to go public next month, marking a significant milestone in the emirate's economic development strategy. The group's upcoming listing on the Abu Dhabi Securities Exchange (ADX) is poised to enhance its visibility and bolster its efforts in achieving food security and
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Etihad Rail and ADPIC Forge Coordinated Infrastructure Vision
Etihad Rail and the Abu Dhabi Projects and Infrastructure Centre have entered a Memorandum of Understanding to synchronise infrastructure planning and execution across the Emirate. The agreement, signed on 18 June at the Abu Dhabi Infrastructure Summit 2025, is
AI-driven Deal Platform Claira Secures $7 Million Seed Backing
Claira, a New York–based deal intelligence platform, has closed a $7 million seed funding round co-led by Barclays and Citi, alongside Reimagine Tech Ventures. Additional backing came from Activant Capital, KDX and OPCO Ventures. Claira’s platform integrates domain-native artificial intelligence directly into
Arada Developments Seeks Debt Financing Amid GCC Boom
Arada Developments has turned to the debt markets for financing, following its decision to issue a sukuk bond aimed at capitalising on the construction boom within the Gulf Cooperation Council region. With its credit ratings from Moody’s and Fitch
