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Switzerland’s Julius Baer to launch advisory outpost in ADGM
Plus: Air Arabia rolls out London service as of next March
BMI upgrades GDP forecast to 5.2% in 2025 and 5.6% in 2026
The growth is backed by Dubai’s stellar 2Q performance and a higher oil production forecast
THIS MORNING: UAE plans to invest USD 1 bn in African AI projects + IHC eyes Lukoil’s assets
Plus: An end to the RedBird IMI Telegraph saga?
THIS MORNING: FAB plans new AT1 issuance + IHC eyes USD 25 bn from minority holding
Plus: Abu Dhabi courts global contractors for USD 54 bn project pipeline
THIS MORNING: Adnoc eyes Lukoil’s natural gas assets + South Korea joins Stargate UAE
Plus: CBUAE scraps AED 5k salary requirement for all banks
THIS MORNING: Wood Group’s shareholders approve Sidara acquisition + Space sector strategy for private sector coming?
Plus: New 2PointZero entity eyes earnings jump next year
THIS MORNING: Potential MAF stake sale on the cards? + DP World kicks off Syrian port operations as Dana Gas eyes gas field expansion in Syria
Plus: IEA now sees global oil and gas demand potentially rising until 2050
THIS MORNING: DIB eyes debut s-linked sukuk + Multiple shareholders sign off on 2PointZero, Ghitha merger
Plus: UAE + Chad to sign trade agreement by year-end, ink USD 6.2 bn in agreements
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