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Dubai’s economy expands 4% in 1Q
The wholesale & retail contributed with the largest chunk to the emirate’s GDP with AED 27.5 bn
UAE banks are outperforming their peers this year -CI Capital
CI Capital upgraded the target prices across the UAE banks it covers, reflecting their strong performances in 1H 2025
THIS MORNING: President Mohamed bin Zayed Al Nahyan kicks off Russia visit + Pakistan Mart is coming
Plus: Standard Chartered is bullish on the UAE’s growth
Another addition to CBUAE’s open finance network + AI-powered parking in Dubai?
PLUS: More automated parking is coming to Dubai
Non-oil sector activity hits four-year low in July
The headline PMI dipped to 52.9 in July, from 53.5 in June
Abu Dhabi prices deflate further in June
This is Abu Dhabi’s third consecutive month in deflation territory
THIS MORNING: Opec+ hikes production for September, unwinding production cuts + Dubai, Ras Al Khaimah see 6% y-o-y increase in tourists in 1H
Plus: Amea Power joins Cox’s desalination project in Morocco
Chinese marketplace operator Zhuanzhuan comes to DAFZ
Plus: UAE, Malaysia, and Rwanda will work on AI adoption in the Global South
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