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Dubai annual inflation sees slight uptick in May, reversing four-month downward trend
Most components of the basket showed only moderate price growth
THIS MORNING: Santos shares jumps 10.9% following Adnoc-led takeover offer + Next Friday is off for Hijri New Year
Plus: Pharo hedge fund eyes Abu Dhabi
UAE’s 10 largest banks see combined net income rise 8.4% q-o-q to AED 22.2 bn in 1Q
Growth was supported by a 59.3% q-o-q reduction in impairment charges and an 18% quarterly rise in net fee and…
Emirates NBD taps banks for kangaroo bond issuance
Initial price thoughts were set at 195 bps over asset swaps
Another UK school comes to the Emirates
King’s College is coming to Aldar’s Fahid Island
EIB delists from DFM
Emirates NBD completed its mandatory acquisition of all remaining EIB shares, following a prior AED 70 mn offer
ENBD REIT, Orascom post earnings
The REIT proposed a final dividend lifting the full-year payout up 33.3% y-o-y
Sharjah launches digital platform for M&As
Plus: Adnoc LTS receives another LNG carrier
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