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THIS MORNING: CBUAE cuts rates by 25 bps in line with the Fed + Adia hits USD 1 tn AUM milestone
Plus: UAE led the region in terms of IPO proceeds this year
Mashreq advises on Turkish Vakıfbank’s USD 870 mn loan facility
Plus: Modon and Four Seasons inaugurated a five-star hotel in Morocco
The rise and fall of UAE stocks + the rush of law firms to the region
The DFM saw Emaar and Emirates NBD reach record highs on Friday
Klickl International raises USD 25 mn in its Series A round
The funding will support Klickl’s expansion into global investments
Emirates NBD’s Deniz Ventures invests in AI securitization startup TeamSec
Deniz Ventures announced an investment in TeamSec.
More asset managers eye ADGM
Plus: Dubai’s AED 2 bn Trump Tower will launch in 2Q 2025
ADNH Catering ups stake in Saudi JV + Direct Debit System acquires the UK software company ElseWare
The CBUAE greenlights launching Nebras Open Finance
Hub71 launches Angel Investor Support Package
Plus: The Abu Dhabi Fund for Development loans AED 92 mn to Rwanda
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