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Non-oil business activity slows to a three year low in July
Plus: Dubai’s PMI slipped to 52.9 last month
Sanad to provide MRO services on Airbus engines
PLUS: The CBUAE and Dubai Courts will link their court case management systems
CBUAE holds rates steady
The UAE’s overnight deposit rate is anchored to the Fed’s
Dual-class share structures come to the LSE today + central bankers meet this week in Washington, London, and Tokyo
Plus: Apple is seen pushing its new AI features to updates that will start trickling out in October
THIS MORNING: Indian importers cease imports of silver and platinum from the UAE + Chilean president to visit the UAE next week
Plus: Sukuk issuances to fall in the summer
Dubai’s GDP grew 3.2% in 1Q 2024
The wholesale and retail sector was the top contributor to GDP
THIS MORNING: Abu Dhabi to roll out tech ventures this year + Adnoc could invest in another US LNG project -report
Plus: The UAE’s economy is expected to grow 3.7% in 2024, a Reuters poll suggests
THIS MORNING: Economy Minister Abdulla bin Touq Al Marri is headed to India + Private consumption growth to moderate this year –Emirates NBD
Plus: Adia-led consortium granted due diligence for Hargreaves Lansdown takeover
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