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First private developer Select enters Palm Jebel Ali + GEMS launches school-in-a-box venture
Also: Indian mining firm NMDC is setting up shop in Dubai to monitor potential acquisitions
USD bns of capital cross the Atlantic as investor confidence in the US wanes
Outflows from US equity funds have doubled YTD, while inflows in Europe hit USD 100 bn
Investors flee long-term US bonds as Trump tax bill revives debt fears
Investors are pulling out of long term US bond funds at the fastest pace since early 2020
CBUAE’s T-sukuk for June 5.6x oversubscribed
CBUAE’s T-sukuk for June receives AED 6.21 bn in bids
Emerging markets outperform developed world despite tariff concerns
USD 11 bn returned to emerging markets in May and June
Mashreq expands footprint to Turkey with new office
Plus: Addleshaw Goddard opens office in ADGM
UK leads global wealth exodus as UAE and Saudi Arabia maintain wealth haven status -Henley & Partners
A record 16.5k high-net-worth individuals are set to leave the UK in 2025, the largest outflow ever recorded globally
Presight chooses 10 startups for AI accelerator + Aldar secures A ESG rating from MSCI
Plus: National Investments Company sets up shop in Dubai's DIFC
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