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UAE to invest USD 50 bn in Canada under joint investment framework
The investments will focus on energy, AI, logistics, mining, and other sectors
UAE, Canada sign investment protection agreement, launch trade talks during Carney’s Abu Dhabi visit
The potential agreement could help facilitate bns of USD in investments into Canada’s ports, mines, data centers, and more
THIS MORNING: FAB plans new AT1 issuance + IHC eyes USD 25 bn from minority holding
Plus: Abu Dhabi courts global contractors for USD 54 bn project pipeline
Non-oil economy will be the fastest growing in the GCC next year -NBK
The bank expects our non-oil GDP to grow at 4.5% next year
Dubai inflation accelerates at its fastest pace in almost a year in October
This reading was the fastest pace since August 2024
THIS MORNING: Adnoc eyes Lukoil’s natural gas assets + South Korea joins Stargate UAE
Plus: CBUAE scraps AED 5k salary requirement for all banks
CBUAE appoints new assistant governors
Governors were appointed for ins. supervision, consumer protection, support services, and more
Adia considers selling down Ooreedoo stake
PLUS: DP World in talks to build dry port in Egypt
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