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Citigroup taps Carmen Haddad as vice chair to its Middle East private bank
Haddad was chief country officer for Citigroup in Saudi Arabia and Qatar
ADGM fines crypto firm Hayvn Group and its CEO a total of USD 12.5 mn
Plus: dnata earmarks USD 110 mn for infrastructure projects
ADEX to support Trafigura with AED 863 mn loan with CBD + SMBC
The funding will support acquisition of UAE commodities across energy, metals, and minerals sectors
THIS MORNING: Syria, UAE to resume flights + Dubai Airport busiest in the world in 2024
Plus: Dubai Holding-backed Azadea Group scraps IPO plans
Mashreq taps Goldman Sachs for portfolio services for its wealth management clients + UAE and Google Cloud to establish the Global Cyber Security Center of Excellence
Plus: Mashreq taps Goldman Sachs for new investment services
Investcorp Capital sells its US industrial real estate portfolio for USD 360 mn
Plus: SRTIP partners with AIM Congress to attract scaleups to Sharjah
THIS MORNING: Dubai is now among the 20 wealthiest cities in the world
Plus: 47 companies are interested in developing the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park
ADIB rolls out fractional sukuk for retail investors
Plus: Pakistani startup Haball to expand to the UAE in 2025 or 2026
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