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Risky assets rally as central banks pivot to easing
Investors are bullish on EM equities and speculative tech bets
M&As are up this year despite headwinds and heightened regulatory scrutiny
US M&A activity took a hit, dropping 8% y-o-y to USD 338 bn
Nuveen joins asset manager rush to Abu Dhabi
The financial planner will leverage Fadi Khouri’s expertise to launch operations
OECD revises 2024 global growth forecast to 3.2%, hinting stability
The Paris-based organization kept its projection for 2025 at the same level
Uber and WeRide are bringing robotaxis to the UAE
PLUS: Arada completes USD 150 mn tap into sukuk issuance
THIS MORNING: More family offices, lenders set up shop in Dubai + Kenya eyes USD 1.5 bn bailout from the UAE
Plus: NeoPay to expand in the region?
China rolls out stimulus package to give a boost to the economy
China’s benchmark CSI 300 Index rose by 4.3% on the news
UAE, US ties are in a “new phase,” says political expert + hedge fund employees in Dubai exceed the 1k mark
The UAE has new priorities to resolve geopolitical tensions and advance responsible AI development, Abdulla says
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