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Dubai inflation holds steady in June
On a monthly basis, prices grew 0.28% in June, returning to inflation territory
Capital Intelligence affirms the UAE’s AA- credit rating with stable outlook
Projections assume an average oil price of USD 60 per barrel
We’re closer to getting off of the EU’s money laundering watchlist
A previous attempt to remove the UAE from the list last year was blocked by EU lawmakers
Abu Dhabi's GDP grows 3.4% as non-oil sector hits record share
GDP reached AED 291 bn
Non-oil sector sees marginal growth in June as demand dips on regional tensions
The headline PMI ticked up to 53.5 in June, up slightly from 53.3 in May
Dubai launches first-time home buyer scheme with priority access and mortgage perks
The program aims to raise the monthly average of 10k new investors
USD bns of capital cross the Atlantic as investor confidence in the US wanes
Outflows from US equity funds have doubled YTD, while inflows in Europe hit USD 100 bn
Abu Dhabi inflation cools further in May
This is Abu Dhabi’s second consecutive month in deflation territory
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