DUBAI / Bloomberg From commuter trains to highways, Dubai is doubling down on its bet that investments in transportation will spur the emirate’s economy. Dubai expects to solicit bids within eight months for road projects worth as much as four billion dirhams ($1.1 billion) as part of a bigger drive to upgrade transport links in the city, Mattar Al ...

  Bloomberg Abu Dhabi bonds jumped after the emirate announced plans to combine two of its biggest investment companies, stoking bets the emirate will provide more support for its government-related entities. Abu Dhabi National Energy Co.’s debt maturing 2024 rose the most since December 2014 on Wednesday, the day the government said it will merge International Petroleum Investment Co., also ...

  ABU DHABI / WAM The Securities and Commodities Authority (SCA) announced that financial markets will be closed from July 5-9, on the occasion of Eid Al Fitr. It will resume trading on July 10. The authority announced the holiday based on circular No. 25 of year 2016, issued by the Federal Government Human Resources Authority, after coordination with the financial ...