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US tariffs will have a “limited” impact on MENA economies, though headwinds may follow, economists say
A higher valued greenback would raise debt servicing costs, while oil prices could take a hit
Sultan Al Jaber pushes for “energy realism” at CERAWeek
Adnoc’s CEO championed a pragmatic approach to climate action, balancing fossil fuels with renewables
GulfNav’s shareholders approve AED 3.3 bn acquisition of Brooge Energy assets
The transaction will be settled through a mix of cash, new shares and mandatory convertible bonds
Adtic invests USD 120 mn in hotel in Egypt’s Giza pyramids area
Plus: Ripple becomes first DFSA-licensed blockchain payments firm in DIFC
THIS MORNING: Bank assets rose to AED 4.6 tn in 2024 + Abu Dhabi inflation fell in January
Plus: Nomura Holding plans Dubai office expansion
Arabian Construction secures AED 2 bn contract for Design Quarter development from Meraas
Plus: Moody’s upgrades RAK Bank’s outlook
THIS MORNING: Adnoc’s XRG plans “significant” investment in natural gas assets in the US + eight IPOs this year?
Plus: Dubai is getting a sports and entertainment freezone cluster
BMI sees UAE’s current account surplus narrowing to 7.7% of GDP in 2025
This forecast is a more bearish one than the consensus
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