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Nvidia shares slide despite highly anticipated 2Q earnings beating forecasts
Nvidia shares had fallen about 8% in extended trading at the time of writing, representing a roughly USD 200 bn…
NMDC to list 23% of EPC unit on the ADX in AED 3.22 bn IPO
NMDC obtains a capital funding essential to fuel its future projects
Al Ghurair Foods breaks ground on corn starch factory in Abu Dhabi’s Kezad
The factory’s output will include native and modified starches, glucose syrups, and maltodextrin
UAE to attend Development Road summit later this week + NMDC greenlights EPC unit IPO
Plus: UAE-Saudi consortium backs out of plan to redevelop central Cairo landmark building
THIS MORNING: NMDC to list EPC services subsidiary? + UAE ranked first globally in terms of FDI-to-GDP ratio in 2023
Plus: Dar Global eyes London, KSA expansion
ADQ to support national food waste initiative
Ne'ma will supply ADQ with data on food loss hotspots and systemic issues to facilitate problem-solving
ADGM publishes draft regulations for stablecoins + UAE mulling the acquisition of HSBC’s South African unit?
Plus: UAE airports see higher traffic in 1H
Investors lose access to key data as China stops sharing daily flows
China is expected to see its first annual outflow from its bourse since 2016
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