Sigma Healthcare has walked away from a $14 billion Boots UK bid just days after telling the market it was exploring the deal. That shift matters because it redraws the capital map for one of Australia’s most aggressive pharmacy players, and it does so while the company still wants a bigger offshore footprint. For FMCG … Read more
Dubai real estate transactions climbed back sharply in April, with total value rising to AED68.6 billion, or $18.7 billion. For investors, the bigger signal is not just the rebound itself, but how clearly the market is separating into winners and laggards. The recovery came after a brief slowdown in late February, when regional geopolitical uncertainty … Read more
A $3.55 billion redevelopment push in Makkah is more than a property story. It signals how Saudi Arabia is using urban renewal, private capital and infrastructure upgrades to reshape one of the kingdom’s most important cities. The Royal Commission for Makkah City and Holy Sites has awarded six major development sites under the Developed Districts … Read more
Dubai’s transport authority pulled AED 5.3 billion through digital channels in 2026, and that number says as much about customer behaviour as it does about government efficiency. The Dubai RTA digital revenue figure rose 20.6 percent year on year as residents and businesses shifted more of their payments, bookings and service requests online. That matters … Read more
A USD 20.3 billion valuation is a bold ask for a gas engine maker, but it makes more sense once you place Innio inside the AI infrastructure boom. The company is trying to sell investors on the less visible side of artificial intelligence: the power systems that keep data centres running. That matters for MENA … Read more
A decade-high third-quarter shipping performance matters more to dairy buyers than a neat profit line. It tells me Fonterra is not just making more milk; it is getting product through a disrupted global freight system while customers are still writing orders. Fonterra has reported $1.5 billion in operating profit for its fiscal third quarter, up … Read more
When the world’s busiest international airport starts rebuilding its operations around artificial intelligence, the signal is less about technology and more about capacity economics. Dubai is now channelling strategic investment into smart technologies across its aviation ecosystem, a move that ties digital infrastructure directly to the emirate’s long-term traffic and revenue ambitions. The push centres … Read more
When an Abu Dhabi-backed entity pays more than £1 billion for the company behind The Ivy and Annabel’s, it tells you something about how Gulf capital now views premium Western hospitality brands — not as vanity plays, but as scalable global platforms. DIAFA, an affiliate of International Holding Company (IHC), has acquired a controlling stake … Read more
A seven-bank syndicate backing a single telecom refinancing tells you something about lender confidence in the UAE’s communications sector. Emirates Integrated Telecommunications Company PJSC, better known as du, has just closed an AED 2 billion revolving credit facility that it does not even need to draw down yet. The du revolving credit facility, valued at … Read more
Nearly AED 50 billion flowed through UAE hotel cash registers last year, and the number that matters most is not the total itself but the acceleration behind it. A 9.7% revenue jump, paired with a record guest count, tells a story about pricing power that most global tourism markets simply cannot replicate right now. The … Read more