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Islamic-aligned transactions in the UAE soared to US $1.53 billion between 2023 and 2024, securing its position as the second-most active market after Indonesia in the global Sharia-compliant investment landscape. These figures, shaped by 50 deals covering mergers and acquisitions, private equity, and venture capital, are drawn from the 11th State of the Global Islamic Economy report by DinarStandard. Indonesia led this period with 40 deals amounting to US $1.60 billion, […]

Fintech firm Qlub has raised $30 million in a funding round aimed at accelerating its global expansion and deepening its technological capabilities. The Dubai-based startup, known for digitising the dining experience, has drawn strong investor interest as it scales operations across Asia, the Middle East, and other international markets. The funding round was co-led by UAE-headquartered Shorooq Partners and Berlin-based Cherry Ventures, marking a cross-border vote of […]

Titan Company has struck a deal to acquire a 67% stake in Dubai-headquartered luxury jeweller Damas from Qatar-based Mannai Corporation in a transaction valued at 1.04 billion dirhams, or approximately $283.2 million. The move is poised to significantly strengthen Titan’s footprint in the Gulf region, positioning the Tata Group company among the largest subcontinent-origin jewellery players operating in the Middle East.

The acquisition agreement, announced on Monday, marks a pivotal expansion for Titan beyond its current presence in the UAE, where it has operated under the Tanishq brand since October 2020. The transaction is expected to close by 31 January 2026, subject to regulatory approvals and customary closing conditions. Titan will also retain an option to purchase the remaining 33% equity in Damas after 31 December 2029, effectively laying the groundwork for full ownership over time.

The deal will give Titan direct access to Damas’ well-established network of 146 outlets across the six Gulf Cooperation Council nations — United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain. With only seven Titan-operated Tanishq stores currently open in the region, the acquisition presents a strategic leap in scale, market share, and regional brand visibility for the Bengaluru-based jeweller.

Damas, founded in 1907, is one of the most recognisable names in the Middle East’s luxury jewellery market. It has developed a reputation for catering to the region’s taste for high-end gold and diamond jewellery, and is known for its broad in-house product range and partnerships with international luxury brands. Mannai Corporation, which has owned Damas since 2012, has been looking to streamline its portfolio, prompting the divestment.

For Titan, the acquisition offers both a fast-track into the premium Gulf retail market and an opportunity to accelerate synergies across procurement, branding, and customer experience. The company is expected to retain Damas’ brand identity and existing management structure, allowing the Dubai-based business to continue leveraging its established reputation while benefitting from Titan’s supply chain and operational expertise.

The Middle East has been a target market for Titan’s international ambitions, driven by the strong presence of the South Asian diaspora and a deep-rooted cultural affinity for gold. The GCC region’s jewellery market is estimated to be worth over $10 billion, with gold accounting for a large share of consumer demand. Analysts view Titan’s acquisition of Damas as a strategically sound move in an environment where cross-border consolidation is becoming increasingly common in luxury retail.

Titan has grown to become one of the most dominant jewellery retailers in South Asia through its flagship brand Tanishq, which is positioned as an accessible luxury label offering a blend of traditional and contemporary designs. The company also operates sub-brands such as Mia and Zoya, each catering to specific consumer segments. Over the past decade, Titan has expanded into new domestic categories and entered select global markets, but the Damas deal marks its most ambitious international push yet.

The acquisition is being viewed by market observers as a significant play within the broader Tata Group strategy of boosting global brand equity across consumer-facing businesses. Following the group’s international expansions in hospitality, automotive, and technology, Titan’s move consolidates Tata’s multi-sectoral presence in the Gulf and taps into a region with rising demand for premium lifestyle offerings.

Financial analysts have underscored the deal’s strategic value, citing Damas’ established customer base and premium positioning, which could drive faster break-even timelines than greenfield expansion. Furthermore, the GCC’s favourable demographic trends and consistent gold demand have added to investor optimism around the deal’s long-term prospects.

Despite geopolitical uncertainty and fluctuations in gold prices, jewellery retail in the Gulf continues to enjoy high volumes due to cultural norms and steady tourist inflows, especially in the UAE. Titan’s increased footprint through Damas will place it in a better position to cater not just to residents but also international shoppers across the region’s major commercial and tourist hubs.

Titan has confirmed that the acquisition will be funded through internal accruals and debt, with no equity dilution expected in the near term. The company’s board has approved the investment, and the transaction is aligned with its long-term capital allocation strategy.

Executives at Titan have expressed confidence in Damas’ future growth trajectory and have indicated that the company will invest further in marketing, store refurbishment, and digital initiatives to modernise the customer journey. Damas’ product portfolio, which includes bridal sets, heritage pieces, and limited-edition designs, will remain intact as Titan aims to preserve the local flavour while infusing global best practices.

A consortium led by Air Arabia and partners Nesma Group and KUN Holding has secured approval from Saudi Arabia’s General Authority of Civil Aviation to establish and operate a low‑cost carrier based at King Fahd International Airport in Dammam. The airline is expected to begin operations in 2026, with a fleet of 45 aircraft serving 24 domestic and 57 international destinations by 2030. GACA projects the carrier will transport […]

HONG KONG SAR – Media OutReach Newswire – 21 July 2025 – Chengdu Kanghua Biological Products Co., Ltd. (Stock Code: 300841.SZ) announced that Shanghai Healthcare M&A Fund (“the M&A Fund”) intends to acquire the Company through a strategic agreement. Leveraging its substantial resource and financial strength, the M&A Fund plans to support Kanghua Biological’s established product portfolio, accelerate sales of its mature products, and develop industry synergies […]

Dubai’s real estate market achieved a landmark surge during the first half of 2025, with transactions climbing 26 per cent to 125,538 and total value reaching AED 431 billion—an increase of 25 per cent year‑on‑year. The performance underscores the emirate’s growing appeal to both local and international investors.

Investor activity gathered notable momentum, with approximately 94,700 individuals completing transactions worth AED 326 billion—39 per cent more than a year earlier. Of this group, 59,075 were first‑time investors, injecting AED 157 billion and marking both a growth in investor numbers and value. UAE residents constituted 45 per cent of this cohort, signalling effective measures to convert renters into homeowners.

Women also bolstered the market’s resilience, executing nearly 35,000 transactions worth AED 73.2 billion. Meanwhile, foreign investors led contributions at AED 228 billion, with Arab and GCC nationals contributing AED 28.4 billion and AED 22.6 billion respectively.

Residential and luxury segments showed marked performance. Al Barsha South Fourth recorded the highest transaction volume, followed by Al Yalayis 1 and Wadi Al Safa 5. In terms of value, Dubai Marina topped the list with AED 25.1 billion, followed by Business Bay, Burj Khalifa zone, and Palm Jumeirah.

ValuStrat’s H1 property index reported that unbuilt villas now command values 66 per cent above their 2014 peaks and 175 per cent above post‑pandemic levels. Apartment prices rose 1.1 per cent month‑on‑month, translating to annual growth of 20 per cent, notably in The Greens, Dubai Silicon Oasis, Dubailand Residence Complex, Palm Jumeirah, and Town Square—all exhibiting capital gains of over 22 per cent.

Parallel to sales growth, rental price inflation decelerated mid‑year: by May, annual residential rent increase eased to 8.5 per cent from 14.3 per cent in January. Cavendish Maxwell attributed this moderation to the delivery of approximately 9,300 new units in Q1 and the introduction of the “New Smart Rental Index,” which is influencing both landlord expectations and market dynamics.

Mortgage activity reflected evolving buyer preferences. Data from DXB Interact indicates a 38 per cent rise in loan volume, although total mortgage value dipped by 8 per cent—signalling a shift towards cash purchases or smaller financing commitments. Off‑plan sales stood strong at 64,907 transactions, with a total value of AED 209.1 billion. Resale transactions numbered 34,150, valued at AED 119.7 billion.

Amid this buoyancy, caution flags exist. Fitch Ratings warns of potential double‑digit price corrections—up to 15 per cent—in late 2025 and 2026, due to an expected supply surge of around 210,000 units. The agency nevertheless noted that banks and developers have reduced exposure and are poised to manage potential adjustments.

Planning authorities have responded proactively. Dubai intends to add 73,000 homes in 2025, targeting a total of 300,000 new units by 2028—efforts aimed at aligning supply with investor momentum and population growth. Meanwhile, ongoing state‑led consolidation of developers, regulatory improvements under the Economic Agenda D33, and the Dubai Real Estate Strategy 2033 continue to underpin structural confidence.

As forecasted by ValuStrat, property price growth may moderate but remain positive—potentially adding another 10 per cent by the end of 2025 as market dynamics evolve. The challenge now lies in balancing supply expansion, evolving mortgage behaviour, and price stability to sustain long‑term viability for investors and residents alike.

Singapore’s Monetary Authority has designated S$1.1 billion to three fund managers as the inaugural allocation of its S$5 billion Equity Market Development Programme. The scheme aims to invigorate the bourse and broaden market participation, focusing on smaller- and mid-cap equities.

MAS selected Avanda Investment Management, JP Morgan Asset Management and Fullerton Fund Management for the initial round. Fullerton is part of state-owned Temasek. MAS indicated that the providers were chosen based on alignment with EQDP’s goals and their capacity to enhance local asset‑management expertise. Over 100 applications were received, with MAS rolling out five‑year funding commitments in phases.

The EQDP was unveiled in February in coordination with the Financial Sector Development Fund. Its mandate is to deploy capital through Singapore‑based managers investing primarily in domestic listed equities, with an emphasis on diversifying participation outside large‑cap stocks.

Following the EQDP announcement in August last year, the Straits Times Index has surged 23.9% to July 18, 2025, according to MAS. Authorities believe that targeted investment injection could foster deeper liquidity, narrower bid‑ask spreads and more vigorous price discovery across the exchange.

Analysts welcomed the move. One equity strategist said the programme signals a critical shift: “MAS is using its balance sheet to catalyse private capital into under‑represented segments.” Market observers noted that while headline liquidity in the FTSE Straits Times Index is healthy, mid‑ and small‑cap names typically suffer from thin volume and wide spreads, deterring institutional and retail interest.

JP Morgan’s involvement is expected to bring global asset‑management experience to bear on local strategies. Avanda, a Singapore‑grown emerging‑markets specialist, and Fullerton, with sovereign backing, strengthen confidence that domestic competence will benefit from the infusion of global best practice.

Details of each manager’s mandate have not been disclosed, but MAS emphasised that performance will be measured not only by capital deployment but also progress in building domestic expertise in portfolio construction, trading infrastructure and market‑making behaviours. These elements are crucial to achieving sustainable liquidity gains.

Experts point out that Singapore’s programme mirrors efforts overseas, such as Japan’s ETF purchases by its pension fund, but with a distinctive twist: the EQDP partners with private asset managers rather than buying equities directly. That design aims to stimulate skill transfer and innovation in execution capabilities.

Further co‑investment rounds are expected later this year, with MAS reviewing submissions in stages to expedite capital deployment. The S$5 billion envelope is expected to span several tranches, signalling long‑term commitment to market enhancement.

Since introducing a broad stock‑market review in August last year, MAS and its review group have identified several friction points, including limited participation by retail investors, dominance by large‑cap counters and constrained institutional activity in smaller names. EQDP is one among several initiatives aimed at remedying structural imbalances.

Regulatory adjustments are also on the cards, with potential reforms covering short‑selling rules, stock‑lending frameworks and promoting algorithmic market‑making. MAS has indicated a willingness to consult key stakeholders, including retail brokerages and the Singapore Exchange, to create complementary regulatory enablers.

Market participants have pointed out that EQDP funding alone may not be sufficient. A private fund‑operations specialist commented: “Capital without market infrastructure enhancements risks being parked rather than deployed actively.” MAS’ selection criteria emphasise capacity building—suggesting this concern has been taken into account.

Beyond boosting trading volumes, the manoeuvre may help Singapore position itself as a regional equity hub. By fostering advanced trading strategies, tighter spreads and higher turnover, the city‑state stands to attract more international fund flows. Simultaneously, support for domestic managers reinforces Singapore’s ambition to strengthen its plug‑and‑play asset‑management ecosystem.

MAS confirmed that progress and outcomes will be tracked and disclosed periodically. Selected managers will have to report on liquidity metrics, investment activity and capability transfer milestones. This level of oversight reflects a strategic approach to ensure that public‑private collaboration delivers measurable structural improvements.

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Al‑Futtaim Retail has agreed to acquire a 49.95 per cent stake in Cenomi Retail from major shareholders for about SAR 2.52 billion, signalling a major strategic shift in Saudi Arabia’s retail sector. The agreement, unveiled through a statement on Tadawul today, July 20, 2025, also includes a conditional shareholder loan to boost Cenomi’s balance sheet.

Under the share purchase agreement signed on July 18, Al‑Futtaim would purchase approximately 57.33 million shares from the Alhokair family, Saudi FAS Holding and FAS Real Estate at SAR 44 per share. Completion hinges on regulatory clearance and execution of a parallel SAR 1.3 billion loan agreement aimed at shoring up working capital.

Al‑Futtaim, a UAE conglomerate with a broad portfolio spanning franchising, automotive, real estate and financial services, brings deep retail expertise and a strong track record with global brands. Its investment is expected to stabilise Cenomi’s liquidity, support operational continuity and bolster its capacity for expansion.

Cenomi Retail, part of Fawaz Abdulaziz Alhokair Co., has navigated a challenging turnaround. It holds the largest brand portfolio in Saudi Arabia, operating over 800 stores across eight countries and managing more than 85 international brands, including Zara under a long-term agreement with Inditex. The firm successfully launched a landmark Zara concept store in Riyadh in December 2024, integrating digital and physical retail channels.

Despite these strengths, Cenomi has suffered persistent financial strain. It reported a SAR 1.1 billion net loss in 2023 amid deteriorating margins, asset write-downs and weakening equity. Total assets collapsed by 36 per cent to SAR 4.6 billion by end‑2024, while shareholder equity turned negative – warning signs that triggered restructuring efforts in 2024.

In response, Cenomi embarked on an aggressive restructuring: disposing of non-core brands and outlets, offloading 16 franchises in early 2024, divesting five further brands with 121 stores to Abdullah Al Othaim Fashion Co. in October, and appointing Salim Fakhouri as CEO. The divestments, totalling SAR 2 billion, aimed to streamline operations around “champion” brands like Zara. By mid‑2024, losses had mounted to SAR 1.5 billion.

Earlier this month, Cenomi confirmed it was in talks to bring in a strategic investor for nearly half its capital, accompanied by a shareholder loan. Today’s announcement reveals that investor as Al‑Futtaim, although final terms on the loan are still under discussion.

The deal aligns with broader growth trends in Saudi Arabia’s retail sector, which is projected to expand at roughly 7.1 per cent CAGR through 2029. Economic diversification under Vision 2030, expanding consumer spending and rising tourism are driving omnichannel retail innovation. Cenomi’s launch of cenomi. com and its O2O model position it to capitalise on these trends, though profitability remains a concern.

Analysts have flagged Cenomi as a high-risk, high-reward prospect. With a forward P/E of around 14.3x and a weak operating margin, its distressed balance sheet raises concerns over equity dilution. However, sustained operational cash generation—SAR 1.3–1.4 billion annually—suggests underlying business viability.

Al‑Futtaim’s entry provides a critical capital injection that could stabilise Cenomi’s finances and underpin its digital expansion. Industry observers note that Majid Al Futtaim and Emaar have successfully executed omni-channel models in the region; Al‑Futtaim’s deep supply chain know-how and brand partnerships could replicate that success in Saudi markets.

Following deal closure, which remains subject to approvals, Al‑Futtaim will command nearly half of Cenomi’s share capital and will have extended a substantial shareholder loan. The injecting of both capital and expertise is expected to bolster Cenomi’s capability to restore profitability and reclaim market leadership.

The UAE Ministry of Finance has introduced Ministerial Decision No. 173 of 2025, establishing clear rules for applying depreciation adjustments to investment properties held at fair value under the corporate tax regime. The decision allows businesses that choose the realisation basis to deduct tax depreciation, addressing a long-standing ambiguity in the treatment of such assets. Under the new rules, eligible taxpayers may deduct whichever is lower: the tax written-down […]

M A Hossain It is easy to overlook the quiet revolutions in geopolitics, especially when the headlines are dominated by wars in Ukraine and Gaza, tensions in the Indo-Pacific, or the perennial drama of U.S.-China rivalry. Yet, beneath the surface of global power struggles, there is a subtler but equally consequential shift unfolding across Central Asia and the South Caucasus. And it is not Moscow, Beijing, or […]

Arada Developments, the Sharjah-based property developer, is preparing to raise up to $500 million via an Islamic bond as it joins a wave of Gulf real estate firms turning to debt markets to fund expansion. The group plans to launch the issuance next week to finance new land purchases and capitalise on a construction surge across the United Arab Emirates. The proposed sukuk issue represents a strategic […]

HANOI, VIETNAM – Media OutReach Newswire – 18 July 2025 – F88, a pioneer in Việt Nam’s alternative finance sector, has once again affirmed its leadership position by being awarded the Gold Level Certification for Client Protection by M-CRIL. An F88 shop. F88 has embedded customer care into every step of its operations. — Photo courtesy of the firm This marks the third time F88 has received […]

Ripple has formalised a partnership with UAE-based tokenisation platform Ctrl Alt to deliver institutional-grade digital asset custody services as part of a landmark initiative by the Dubai Land Department to digitise property ownership using blockchain infrastructure.

The agreement will enable Ctrl Alt to leverage Ripple’s custody solution to store and manage tokenised property title deeds on the XRP Ledger, as Dubai intensifies its push to integrate advanced digital frameworks into its real estate sector. The project marks a significant stride in DLD’s broader strategy to streamline property transactions and increase market transparency by replacing conventional title documentation with blockchain-native digital representations.

Ripple’s institutional custody platform, designed for banks and financial institutions, will play a central role in securing and scaling the digital assets underlying Dubai’s real estate tokenisation programme. Ripple’s solution will ensure regulatory compliance, operational efficiency, and asset security as property titles are issued and exchanged through blockchain mechanisms.

The announcement positions Ripple as a key player in the UAE’s drive toward regulated digital asset ecosystems. The partnership also represents Ripple’s first custody deployment in the UAE, expanding its global digital asset custody network into the Middle East and further solidifying its presence across EMEA, Asia Pacific, and Latin America.

Ctrl Alt, which had disclosed its participation in the DLD project earlier, is building tokenisation infrastructure tailored for real-world assets such as real estate. The firm will integrate Ripple’s technology to facilitate the issuance, transfer, and management of tokenised property deeds while ensuring institutional-grade security standards.

The Real Estate Tokenisation Project aims to transform Dubai’s property registry system by offering a fully digital framework that eliminates physical documentation and manual recordkeeping. Through the initiative, the DLD intends to increase efficiency in property ownership transfers, reduce fraud risks, and create a foundation for smart contract-enabled real estate solutions. By leveraging the XRP Ledger’s speed and cost efficiency, the project also seeks to attract global investors and developers to participate in tokenised real estate offerings governed by transparent, immutable ledger protocols.

Ripple’s expansion into the UAE’s digital asset space follows its broader global strategy to deliver enterprise-grade blockchain tools tailored to financial infrastructure, a focus that has intensified as global regulators and institutions begin adopting tokenisation at scale. Ripple’s digital custody division — established through its acquisition of Metaco in 2023 — has emerged as a core offering, providing secure storage infrastructure for tokenised assets in both public and permissioned blockchain environments.

Metaco’s digital asset custody platform, which now underpins Ripple’s institutional offering, was originally designed to meet the requirements of global banks and has been adopted by several financial institutions in Europe and Asia. Its integration with Ripple’s payment and liquidity tools enables a seamless experience for enterprises managing digital asset portfolios alongside tokenisation and cross-border payment rails.

Ripple’s custodial framework offers support for a wide range of tokenised assets, including stablecoins, real-world assets, and CBDCs. It provides multi-tier security, granular permission controls, and compliance features needed for institutional applications. The company’s leadership has highlighted tokenisation as a core theme in the evolution of financial infrastructure, predicting that trillions of dollars worth of real-world assets will migrate to blockchain ecosystems in the coming decade.

Ctrl Alt’s involvement in the DLD-led project comes as Dubai cements its role as a global testbed for blockchain innovation, with a supportive regulatory regime, ambitious smart city initiatives, and a growing appetite for Web3 integration. The company has built its platform to allow regulators, issuers, and investors to interact within a compliant digital asset ecosystem. Its participation in the project is expected to open the door for additional applications of tokenisation beyond real estate, including commodities, equities, and infrastructure.

Dubai’s real estate market, historically characterised by high-value transactions and global investor interest, is seen as an ideal candidate for tokenisation. By converting ownership documents into digital tokens recorded on a blockchain, authorities aim to offer fractional ownership models, enhance liquidity, and enable secondary market trading. The shift could also reduce costs and settlement times, while allowing retail and institutional investors to access real estate markets with lower capital thresholds.

Ripple’s role in the project is expected to be pivotal in meeting security, governance, and compliance requirements for digital custody. The partnership strengthens Ripple’s position as a go-to infrastructure provider for tokenisation use cases and reflects its strategic intent to deepen engagement in jurisdictions with progressive digital asset frameworks.

Saudi Aramco is in advanced discussions with a consortium spearheaded by BlackRock to secure approximately $10 billion for infrastructure linked to its expansive Jafurah gas initiative. The financing structure echoes prior deals, with investors purchasing usage rights while Aramco retains operational control and ownership.

The proposed transaction centres on critical assets—specifically pipelines and a processing facility—essential to the $100 billion Jafurah project, the world’s largest shale gas development outside the United States. Aramco aims to lift gas output by 60 per cent by 2030 from 2021 levels.

This initiative represents another strategic approach by Gulf oil majors to diversify their revenue models amid volatile crude prices. The deal allows Aramco to tap private capital while offering investors stable tariff income backed by long‑term usage commitments.

In 2021, BlackRock and EIG invested in Aramco’s gas and oil pipeline subsidiaries through similar lease‑back transactions, collectively raising nearly $28 billion. Under those agreements, Aramco retained a 51 per cent stake in each entity and paid tariffs to investors for pipeline usage, a structure described by consultancy Qamar Energy as more akin to borrowing than a sale.

With this new deal, Aramco continues its disciplined approach to infrastructure financing. The Jafurah project itself is a linchpin of Saudi Arabia’s energy transition agenda, aligning with national objectives to bolster gas production and reduce reliance on oil exports.

While those familiar with the talks confirm the structure mirrors the 2021 transactions, the group declined to specify a timeline for finalisation. Both Aramco and BlackRock declined to comment.

Experts note that such arrangements enable Aramco to free up capital for diversification ventures while retaining strategic infrastructure oversight. “The pipeline deals were basically a securitisation,” said Robin Mills, chief executive of Qamar Energy, referencing the 2021 transactions.

Market analysts believe this deal could serve as a template for financing future segments of Jafurah, which is expected to reach production of 2 billion cubic feet per day by 2030.

Taken together with Aramco’s earlier asset sales—such as its consideration of offloading gas-fired power plants and port infrastructure—these moves reflect mounting government pressure to boost proceeds amid a fiscal deficit and fluctuating oil revenues.

Saudi Arabia’s reliance on oil revenues—which accounted for around 62 percent of state income in 2024—has prompted a series of asset realisations, bond issuances and structured financing to support large-scale domestic projects and broaden the economic base.

The Jafurah deal also highlights growing investor appetite for stable, long‑dated infrastructure revenue streams in the Gulf. With institutional players like BlackRock involved, these deals are gaining traction as a viable alternative to traditional equity or debt-financing routes. Analysts suggest more such partnerships could emerge as the kingdom scales up energy-reform initiatives, including clean energy and non-oil sectors.

As the deal progresses, stakeholders will monitor its structure, particularly in comparison with the 2021 models, and assess implications for Aramco’s capital allocation strategy. The outcome could influence both market perception of the firm and broader investment flows into Middle East energy infrastructure.

Rania Gule The USD/JPY pair is rising, driven by renewed momentum supported by the ongoing divergence in monetary policies between the Federal Reserve and the Bank of Japan. Yield differentials between the two economies remain a key factor in explaining the pair’s price action. The dollar gained additional support following the release of U.S. retail sales data, which significantly exceeded expectations, thereby weakening the likelihood of a […]

HONG KONG SAR – Media OutReach Newswire – 18 July 2025 – Cushman & Wakefield, a leading global real estate services firm, today released its 2024 Sustainability Report, demonstrating the firm’s commitment to operational excellence and responsible business practices. The report highlights the firm’s global impact across key sustainability areas during 2024 and progress on future targets that will help shape a more sustainable and inclusive future […]

Chinese mainland REIT market joined the top three largest REIT markets in Asia for the first time with an 85% increase in market value in 2024 India’s office REIT market attracted considerable leasing demand from global capability centres Data centre and hospitality REITs gained strong investor interest in Japan and Singapore HONG KONG SAR – Media OutReach Newswire – 17 July 2025 – China and India’s Real […]

Abu Dhabi’s property scene is riding a wave of investor interest and stable growth during the first half of 2025, underpinned by strong infrastructure development and pro-investor policies, according to a fresh analysis by Bayut. Listing prices surged across all segments, rental yields reached double digits in many areas, and transaction volumes remain robust, fueling the capital’s appeal as a reliable investment destination. Listing figures show affordable […]

Greenlogue/AP Masdar has completed the sale of its equity stake in the Sharjah Waste-to-Energy plant to Tadweer Group, consolidating the latter’s position as a primary stakeholder alongside BEEAH in the Emirates Waste-to-Energy company. The strategic divestment marks a key reconfiguration in the regional clean energy sector, aligning the interests of all involved entities with their evolving operational goals and international ambitions. The transaction cements a new operational […]

DP World, Deendayal Port Authority and Polish tech firm Nevomo have formalised an agreement to pilot Nevomo’s MagRail system—a self-propelled, electric linear‑motor freight train—on a 750‑metre stretch at the port in Kandla. Signed on 15 July 2025 by top executives from each organisation, the deal marks India’s first experiment with autonomous magnetic rail freight within an operational port environment.

The partnership will pilot MagRail technology on existing railway tracks to autonomously transport containerised and bulk goods. Powered by electric linear motors, MagRail wagons eliminate diesel use, promising reductions in logistics time, operational costs and CO₂ emissions. The trial is designed to enhance port-hinterland connectivity and support India’s broader logistics modernisation under the National Logistics Policy and the PM‑Gati Shakti agenda.

DP World, a global supply chain specialist, is leading efforts to integrate this advanced freight solution. The Deendayal Port Authority—a significant multi‑cargo terminal under central government jurisdiction—is hosting the pilot to assess real‑world viability. Nevomo will provide its proprietary MagRailBooster system, designed for seamless integration with existing port rail networks. This three‑way collaboration reflects an alignment of private innovation and public logistics priorities.

According to Sushil Kumar Singh, chair of the port authority, the initiative represents “a strategic advancement in port infrastructure, enhancing capacity and operational efficiency to support growing cargo demands,” signalling strong institutional backing. Sultan Ahmed bin Sulayem, DP World’s group chairman and CEO, emphasised that MagRail will “reduce transit times and optimise infrastructure use,” adding value for customers while promoting sustainability.

Nevomo’s CEO, Przemek “Ben” Paczek, said the project would “showcase MagRail’s real‑world potential in boosting freight efficiency,” reflecting confidence in the technology’s applicability to closed‑loop logistics systems. Harj Dhaliwal, Nevomo’s Chief Business & Capital Programmes Officer, was credited with advancing the partnership. European rail specialists have already acknowledged MagRail’s promise in port and metro-campus settings.

Industry experts note that MagRail addresses several persistent bottlenecks in freight logistics: it offers rapid container shunting without the need for diesel road vehicles, improves yard cycle times, and integrates with existing rail infrastructure, minimising capital expenditure. The pilot’s green credentials also align with global port decarbonisation targets.

Situated at Kandla, which recently welcomed a large satellite terminal by DP World with a TEU capacity of 2.19 million, the trial supports the port’s expansion strategy. Officials hope that MagRail can help optimise operations across the new and existing facilities.

Planning documents suggest a phased implementation: initial tests on a limited 750 m section within the yard, followed by performance metrics on speed, energy use, reliability, and integration before broader deployment. Results from this pilot are expected to influence decisions on port rail automation nationwide.

This initiative positions India at the forefront of port logistics innovation within Asia. Similar systems have been deployed or tested in Europe, but this marks India’s first on‑site demonstration combining magnetic propulsion and autonomy in a live port. Industry observers see potential for replication at other major ports, boosting capacity and reducing carbon footprints across maritime‑logistics hubs.

Adoption of MagRail could revolutionise short‑haul freight by enabling fast, consistent and emissions‑free movement of containers between berths, storage yards, and hinterland connections. For DP World and the port authority, a successful trial could translate into scalable technology upgrades and competitive advantages in trade facilitation.

Bahrain’s Crown Prince Salman bin Hamad Al Khalifa has unveiled a $17 billion investment plan in the United States following a high-level meeting with President Donald Trump at the White House. The announcement signals deepening economic and strategic ties between Manama and Washington, with deals cutting across aviation, energy, and defence sectors.

A key feature of the plan includes a contract worth approximately $7 billion under which Gulf Air, Bahrain’s flag carrier, will purchase 12 Boeing aircraft. The agreement also includes an option for six additional planes and 40 aircraft engines from General Electric. The deal was presented as a tangible outcome of bilateral discussions, reinforcing Bahrain’s commitment to US industry and technology.

Crown Prince Salman described the deals as “real” and economically sound, addressing scepticism often associated with foreign investment pledges. The statement, made from the Oval Office, was aimed at highlighting the financial credibility of the agreements. “These aren’t fake deals,” he remarked, drawing a sharp contrast with previously publicised but unfulfilled investment promises by other nations.

The Bahraini leader’s Washington visit followed a similar pattern to President Trump’s earlier engagement with Saudi Arabia, during which over $600 billion in US investment commitments were secured. Trump had also finalised a $142 billion arms agreement with Riyadh. Bahrain’s announcement is now being viewed as a strategic move to bolster its position as a reliable economic and security partner of the United States.

The investment plan is expected to deliver significant economic dividends to both countries. For the US, the immediate impact would be in job creation, especially across Boeing’s manufacturing facilities and GE’s industrial operations. For Bahrain, the plan strengthens access to cutting-edge aviation technology and helps modernise its national infrastructure in both civil and defence aviation.

The timing of the announcement also reflects the evolving regional security dynamics in the Gulf. Iran’s influence and the broader geopolitical situation were key discussion points during the White House meeting. Bahrain, which hosts the US Navy’s Fifth Fleet, has remained a close military ally to Washington. The investment commitment not only serves economic purposes but also underscores Bahrain’s alignment with US strategic objectives in the Middle East.

Observers note that the choice of sectors—aviation, defence technology, and energy—signals Bahrain’s intent to link its national growth trajectory with American innovation and industrial capability. Gulf Air’s fleet expansion through Boeing jets and GE engines is viewed as a cornerstone of this agenda. Beyond the aviation component, additional investment is expected in energy-related projects and advanced technology, although specific agreements in these areas are yet to be publicly detailed.

The financial scope of the investment echoes previous patterns of engagement between Gulf monarchies and US administrations. Bahrain’s capital injection arrives amid growing competition among Gulf states seeking to secure American technological partnerships and defence cooperation, while positioning themselves as key regional intermediaries.

For President Trump, who had prioritised foreign investment in US manufacturing and defence during his tenure, the $17 billion figure plays into the broader narrative of restoring domestic industrial capacity through global alliances. It also fits into the administration’s push for balancing trade relationships and encouraging allies to contribute more significantly to US economic interests.

Strategic analysts have pointed out that the Gulf kingdom’s outreach comes at a time when regional alliances are undergoing shifts. Bahrain has been at the forefront of some of the Arab world’s diplomatic realignments, including its role in the Abraham Accords. The alignment with US economic and security goals could further consolidate its position as a trusted partner in American foreign policy planning for the Gulf.

Crown Prince Salman’s visit marked the continuation of a trend where Middle Eastern states use bilateral state visits to announce substantial investment projects. These announcements serve dual purposes: generating domestic political capital for US leaders while allowing foreign partners to project influence and economic modernisation.

Washington policymakers have signalled approval of the deals, suggesting that the partnership with Bahrain could deepen further in sectors such as infrastructure development, cyber-security, and military training. While the specifics of such cooperation are yet to materialise in binding agreements, the tone from both capitals points toward an expanding strategic partnership.

Saudi Arabia has attracted SR3.2 billion in venture capital funding for startups during the first half of 2025, overtaking the Kingdom’s total VC investment for the whole of 2024. MAGNiTT data show Saudi accounted for 56 per cent of all VC inflows into the Middle East and North Africa region in that period. Investor confidence in the Kingdom is heightened by its alignment with Vision 2030 reforms and concerted government backing. […]

Greenlogue/AP Telecom operator du has secured ISO 20400 certification, becoming the first telecom provider in the UAE and the second in the Gulf Cooperation Council region to attain the globally recognised standard for sustainable procurement. The certification underscores the company’s systematic approach to integrating sustainability into procurement decisions, ensuring that its supply chain aligns with international best practices for environmental, social, and economic responsibility. By adopting the […]

Momentum across the United Arab Emirates’ equity capital markets is building as the second half of 2025 begins, while Saudi Arabian firms preparing share issuances are confronting investor concerns over lofty valuations. May’s launch of a residential real estate investment trust on the Dubai Financial Market reignited market sentiment after a lull in listing activity during the previous year. Investor interest is intensifying ahead of expected deals […]

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