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ADCB wraps biggest-ever ADX rights issue
The lender said all 592.2 mn new shares were fully subscribed at AED 10.3 each
THIS MORNING: Mubadala eyes Brazil’s Will Bank + Adnoc top bidder for Russian stake in Serbian Oil Industry?
Plus: Emirates NBD sees the UAE’s GDP growing 4.6% in 2026
Bank of China lists another USD 500 mn on Nasdaq Dubai
Plus: Investcorp Capital acquires US fire and life safety services provider
Mercantile & Maritime makes big SAF moves
Plus: Etihad + Condor to launch new Germany-UAE daily routes in 2026
Mashreq rolls out Mashreq Neo Pakistan
Plus: Dar invests in Austrian proptech + Adia, IDC back VC fund by Fireside Ventures
GulfNav closes AED 613 mn sukuk to refinance Brooge’s debt
Part of the proceeds will go toward expanding storage capacity at the Port of Fujairah
CBUAE’s November T-Sukuk auction was 5x oversubscribed
The T-Sukuk received bids worth AED 5.5 bn
Price growth slows as Dubai’s property cycle matures
UAE developers have raised over USD 6 bn in bonds and sukuk since 2021 to fuel expansion
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