Featured · Infrastructure
Dubai has already put Dh13 billion in contracts to work on Al Maktoum International Airport this year, and it plans to award another Dh55 billion before the year is out. Between the piling numbers and the automated people mover contract alone, the scale here is hard to overstate.
Energy
The pipeline deal that has supplied Turkey with Iranian gas since 2001 lapsed at the end of July, right as the US Treasury turns up pressure on every country still trading with Tehran. Turkey has spent months quietly building the alternatives it would need if this exact moment arrived.
Markets
Goldman Sachs now puts Chinese growth at around 4 percent early in the third quarter, down from 4.3 percent and short of Beijing's own target. The bank reads the miss as a reason policymakers finally move, not a reason to worry, and the gap between those two reactions is the part investors are pricing.
Real Estate
Occupancy across Dubai's three integrated economic zones hit 96 percent in the first half of the year, with the company count up 13 percent and headcount up 24 percent. The zones are responding by building rather than waiting, and the investment arm attached to them is now the busiest venture backer in the country.
