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Work underway on AD Ports’ USD 250 mn Angola port upgrade
Plus: Presight to support Azerbaijan’s AI drive
UAE, Hong Kong agree mutual recognition of licensed fund, investment managers
Plus: ADCB’s fintech arm invests in Australia’s Indebted
CBUAE lifts GDP forecast this year to 4.9% on higher oil production and non-oil momentum
Growth is forecast to accelerate to 5.3% in 2026
THIS MORNING: UAE to potentially downgrade Israel ties over annexation threat?
Plus: Etihad Airways adds Damascus to its destinations
DP World to launch cold storage facility in Egypt
Plus: India’s Rana Group breaks ground on RAK manufacturing hub
UAE and 13 other nations launch new trade bloc
The bloc will focus on strengthening supply chains, cutting non-tariff barriers, and facilitating foreign direct investment
HSBC opens its first Mena wealth center in Dubai
Plus: Emicool enters Abu Dhabi
THIS MORNING: ADGM updates data protection regulations + Fed set to cut rates for the first time in months today
Plus: UAE-Mercosur trade pact could close in the next few months
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