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Infrastructure 
CBUAE holds rates steady
The central bank maintained its overnight deposit rate at 5.40%
Emirates NBD’s REIT’s net income dips in FY 2023/2024
Gross income jumped to USD 34.5 mn during the quarter
Pilot central bank digital currency platform reaches MVP stage
The mBridge MVP is the first phase of the CBUAE’s broader CBDC strategy
Mashreq’s USD 500 mn bond sale meets heavy demand, allows lender to lock in the lowest coupon by a UAE bank in past three years
The issuance was 4.4x oversubscribed
NMDC Energy to set up AED 367 mn facility in Kezad + Dubai public beaches get a revamp
NMDC Energy will invest some AED 367 mn (USD 100 mn) into the facility, which is expected to create 3k…
Mashreq kicks off sale of AT1 bonds
The initial price for these notes is expected to be around 7%
FAB and Yapi Kredi terminate takeover talks
The talks reportedly fell through on the back of disagreements over pricing
My Morning Routine: Hamda Al Shamali, group chief people and intellectual capital officer at Mashreq
We look at how we can embed the concept of people in everything that we do
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