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THIS MORNING: Mubadala to tap debt markets again this month + Reuters poll positive on UAE growth this year
Plus: Zayed National Museum to open on 3 December
Davidson Kempner latest to join ADGM rush
Plus: Al Mal Capital REIT enters healthcare space
UAE raises ceiling for CBUAE fines
The decree allows fines of up to 10x the value of a violation or unjust gain
More trouble for Eshraq as Goldilocks loses value
PLUS: Invest Bank secures CBUAE license for Islamic banking window
Dubai inflation rebounds to 2.9% in September
Monthly inflation inched up to 44% in September, after cooling to 11% a month earlier
THIS MORNING: Gold and diamonds to be tokenized by VARA and DMCC + Riyadh Air to launch Dubai route next month
Plus: Google’s Gemini Pro will be gratis for UAE university students for one year
World Bank upgrades GDP growth forecast to 4.8% in 2025
Financial services, constructions, transport, and real estate sectors are offering significant contributions to the economy, the World Bank said
Fed to lead rate-cutting wave as global monetary policy diverges
Bloomberg Economics forecasts 15 of 23 key monetary authorities will lower borrowing costs before year-end
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