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UAE banks lead q-o-q deposit growth in GCC banks -Kamco
The UAE ranked first in deposit growth
FAB closes in on acquisition of Yapi Kredi + Al Mal Capital REIT adds Dubai school to its portfolio
The Emirates’ biggest lender has reportedly been in talks to acquire 61.2% in Yapi Kredi
Dubai AI cluster is now online
PLUS: PureHealth launches Sakina, a mental health platform + SIB joined e&’s blockchain trading platform, Haifin
AD Ports to upgrade Bangladesh’s Chittagong ports
Plus: MBZ-SAT is set to takeoff aboard SpaceX rocket post-October
Bank of Sharjah has a new head of treasury
The lender appointed Damian White as its new Treasury Head
Foot-dragging by the Fed on rate cuts is good news for GCC banks –S&P Global
Cutting rates by 100 bps trims rated Gulf banks’ net income by c. 9%, according to S&P Global
You get a visa, you get a visa, everybody gets a visa
PLUS: M42 to launch a new AI clinical model
Emirates NBD’s asset management arm launches its debut public fund in DIFC
FundStar’s investors will have access to foreign funds in highly regulated jurisdictions
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