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THIS MORNING: UAE revives France’s fighter jet development program + more Emiratization for private sector
Plus: Creditors come knocking at UAE Exchange’s door
Emirates NBD taps Asian banks for up to USD 1 bn
Dubai’s biggest bank follows Mashreq, QNB, and Boubyan into Asian lenders’ books
3Q results from Emirates NBD, Emirates Islamic, DIB, CBD
Emirates NBD posts flat 3Q earnings despite stronger income and lending Emirates NBD’s net income held flat q-o-q at AED…
More UAE-France cooperation, M42, Adia, Hotpack lock in overseas, BlackRock + Emirates NBD take their partnership to retail
G42 entities all inked separate MoUs with Paris-based AMI labs on AI collaboration
Emirates NBD finances aerospace hub, Temasek and Pantheon eye Abu Dhabi, Mubadala keeps moving in India, Agrobank comes back to Mashreq
The lender is financing MRO provider TIM Aerospace as it builds out its Dubai South hub
THIS MORNING: L’imad wants to bring in outside capital + Luckin Coffee eyes a piece of the Gulf’s coffee habit
Plus: IPTs out for Emirates NBD’s Swiss issuance
Edward Bell leaves ENBD for MUFG + Mohammed Al Shaibani leaves ICD board
At MUFG, Bell will cover the Middle East, Turkey, and energy markets
Dubai inflation rises to 5.5% as transport costs force Emirates NBD to lift year-end forecast
Transport costs drove August inflation higher, prompting Emirates NBD to lift its year-end forecast to 5.6% from 2.9%
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