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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
CBUAE’s T-sukuk for June 5.6x oversubscribed
CBUAE’s T-sukuk for June receives AED 6.21 bn in bids
CBUAE revises down its growth forecast for the UAE to 4.4% in 2025
The projections for both this year and next year are down 0.3 percentage points from the CBUAE’s last forecast in…
THIS MORNING: Mubadala eyes investment in Hong Kong-based ins. firm FWD Group Holdings’ IPO?
Plus: ADIA participates in HDB’s pre-IPO funding round
UK leads global wealth exodus as UAE and Saudi Arabia maintain wealth haven status -Henley & Partners
A record 16.5k high-net-worth individuals are set to leave the UK in 2025, the largest outflow ever recorded globally
Fitch affirms UAE and Abu Dhabi’s long-term default ratings on strong fundamentals
The rating affirmation is attributed to a strong net external asset position
Budget surplus narrows in 1Q 2025
Taxes made up the lion’s share of the government’s overall revenues for the quarter
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