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AI + Innovation (MENA) 
Infrastructure 
ADCB extends USD 60 mn loan to Tethys Oil
The oil firm will use the loan to finance its Oman field operations
Sanad to provide MRO services on Airbus engines
PLUS: The CBUAE and Dubai Courts will link their court case management systems
Mashreq provides instant payments for MultiBank’s corporate clients
Arqaam Capital will offer securities lending services for ADX securities
CBUAE holds rates steady
The UAE’s overnight deposit rate is anchored to the Fed’s
Fuel prices hiked in August + Is ADIA closer to acquiring a stake in Haldiram?
Plus: Egyptian fintech MNT-Halan is looking to expand to the UAE
Shorooq Partners leads USD 20 mn investment in deeptech AI firm
Plus: Lots of energy, climate, and trade news
More 2Q earnings
Multiply, PNC Investments, Rakbank, and Dubai Refreshment Company also posted their financial results for the quarter
Aldar Properties, Drake and Scull, BHM, and DFM post solid 2Q 2024 earnings
The earnings flood continues
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