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New hires at Deutsche Bank, Deliveroo, DCT
Deutsche Bank has moved three of its senior bankers to Dubai
THIS MORNING: Wartime loan deferrals reach AED 15.9 bn + ADIB shareholders give thumbs up to rights issue
Plus: UAE-based school operator Alephya eyes KSA’s Ajialuna
THIS MORNING: Paramount wraps up its Gulf-backed WBD takeover + IRH circles Irish titanium miner Kenmare Resources again
Plus: Is Adia thinking of backing ByteDance?
Mashreq taps Rajeev Bhatnagar as new chief risk officer
Bhatnagar previously held roles at BNY, Commonwealth Bank of Australia, and Citigroup
Overseas moves from logistics players, more AED for public transport and Dubai CommerCity, CBUAE pushes on regional collaboration
DP World opened a 10k sqm distribution center in Bang Na, Thailand, expanding its Southeast Asian warehouse network across Malaysia…
A Mubadala + Taraf plot new development, Eurazeo is in Abu Dhabi, more re-export room, Mashreq moves on tokenized deposits and Agrobank
Gulf money is flowing out to Europe and Uzbekistan, while Mashreq tests round-the-clock cross-border payments
DIB gets a new chairman and Modon’s MD steps back
Dubai Islamic Bank tapped Fadhel Abdulbaqi Al Ali as chairman
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
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