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THIS MORNING: To fire or not to fire Jay Powell? + Local airlines act fast to fill gap left by Wizz Air
Plus: Adnoc to transfer OMV stake to new investment arm
India’s Shapoorji Pallonji completes first Dubai residential project
Plus: Dar Global awards AED 201.5 mn main works contract for Rak project
Dubai Metro expansion gets AED 3.9 bn boost from Emirates NBD
Work on the AED 20.5 bn project kicked off last month
ADCB’s 2Q outperforms analysts’ predictions
The bank saw its net income climb 10.8% y-o-y in 2Q 2025
Presight launches Kazakhstan’s national supercomputer
Plus: Dubai's RTA begins AED 633 mn upgrade of Al Mustaqbal Street
Dubai inflation holds steady in June
On a monthly basis, prices grew 0.28% in June, returning to inflation territory
Capital Intelligence affirms the UAE’s AA- credit rating with stable outlook
Projections assume an average oil price of USD 60 per barrel
Earnings season is coming, and the outlook is positive for UAE banks
Loan growth is expected to increase by 2.8% q-o-q in the UAE
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