Happy Tuesday!☀️

🏡 Sheikh Mohammed’s words, “People are the foundation of our renaissance,” shine as the UAE advances. In Dubai, the $108 million Al Mamzar Beach Development progresses 🌊🏗️, while Abu Dhabi welcomes Golub Capital to ADGM, solidifying its global financial role.🏢💼

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Sheikh Mohammed says, “People are the Foundation of our Renaissance,” as He Approves $1.5 Billion Housing Projects 🏡👨‍👩‍👧‍👦💰

📰 What is it about?

• His Highness Sheikh Mohammed bin Rashid Al Maktoum has approved the development of housing projects worth $1.5 billion, set to benefit Emirati citizens in multiple areas across Dubai.

💡 Why it matters?

• Social Stability and Community Well-Being.

• Economic Growth for UAE and Development.

• Empowerment and Long-Term Sustainability by prioritizing housing.

🔜 What’s next?

• This aligns with the Dubai 2040 Urban Master Plan, which aims to optimize the emirate's available spaces as his Highness Sheikh Mohammed confirmed that housing programs will continue as part of a comprehensive plan to address citizens future housing needs in the UAE.

Markets

🌍US private credit firm Golub Capital Expands to Abu Dhabi with New Office in ADGM🏢💼

📰 What is it about?

• Golub Capital, a leading U.S. based direct lender and credit asset manager with over $70 billion in capital under management, plans to open a new office in Abu Dhabi. as This move aims to strengthen ties with regional wealth funds and expand its global presence.

💡 Why it matters?

• Enabling Abu Dhabi to attract investment from these institutions for its credit-focused strategies.

• Expanding into the UAE allows Golub Capital to diversify its geographic footprint beyond the US.

• Golub’s presence can enhance access to credit for businesses in the region, supporting economic growth.

🔜 What’s next?

• Golub Capital will likely focus on building relationships with regional sovereign wealth funds and institutional investors in the UAE to channel more capital into private credit opportunities.

• Additionally, the firm may explore partnerships and financing solutions tailored to the MENA region's growing sectors, further cementing its presence in this strategic market.

💭Quote of the day:

“One way to keep momentum going is to have constantly greater goals.” -Michael Korda, Editor-in-chief of Simon & Schuster

🌊Dubai Awards $108 Million Contract for the Second Phase of Al Mamzar Beach Development 🏖️🏗️

📰 What is it about?

• Dubai continues to raise the bar for global tourism and quality of life with the alignment with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai Municipality has awarded contracts for the second phase of the Al Mamzar Beach Development Project.

💡 Why it matters?

• To attract more visitors, strengthening Dubai’s position as a global hub for leisure and luxury.

• To increase property values in nearby areas, and create numerous job opportunities during and after construction.

• To enhances the quality of life for residents, promoting a balanced and vibrant urban lifestyle.

🔜 What’s next?

• The second phase of the Al Mamzar Beach Development will focus on enhancing recreational facilities and creating sustainable, family-friendly spaces.

🔍In other news…

1. Justin Baldoni Sues The New York Times for $250M Over Blake Lively Controversy

2. Syria Announces 400% Public Sector Pay Rise Next Month Amid Economic Reforms

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👋 Hello, That’s Me - Your Content Buddy

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Here’s to a productive week ahead! 💪

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