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3Q earnings are in from Adnoc Distribution, Americana, Tecom, and NCTH
Adnoc Distribution saw its highest ever 9M fuel volume sales
THIS MORNING: XRG eyes investment in Argentinian LNG project + Masdar breaks ground on 24-hour solar and battery energy facility
Plus: UAE earmarks USD 6 bn worth of investments for Africa’s tourism sector
UAE halves trademark service fees for SMEs
People of determination will also be fully exempt from all trademark-related fees
New permit allows Dubai freezone firms to expand to the mainland
Freezone firms holding a Dubai Unified License can apply to expand into mainland jurisdictions
THIS MORNING: EGA eyes acquisition of Brazil’s Companhia Brasileira de Alumínio? + Revolut CEO moves residency to UAE
Plus: Kuwait’s Jazeera Airways resumes flights to Abu Dhab
NMC Healthcare expands in Al Ain with new clinic acquisition
Plus: Moody’s affirms DP World’s ratings
CBUAE lifts GDP forecast this year to 4.9% on higher oil production and non-oil momentum
Growth is forecast to accelerate to 5.3% in 2026
THIS MORNING: Newly launched PE firm BlueFive Capital to set up China-focused PE fund with CICC
Plus: Long weekend for Prophet Muhammad’s birthday confirmed
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