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Abu Dhabi, Dubai bourses snap two-month losing streak in October
ADX inched up 0.9% while the DFM jumped 3.8% last month
Adio eyes more FDI flows with Australia through new MoUs
Plus: Cars24 will build an AED 55 mn automotive refurbishment hub at DP World’s National Industries Park
THIS MORNING: Abu Dhabi to invest up to USD 2 bn in India’s logistics sector + CBUAE cuts interest rates by 25 bps
Plus: Dubai’s hotel market occupancy is projected to reach 81% in 2025
Germany’s largest asset manager coming to ADGM
Plus: South Africa’s FirstRand buys 20.1% stake in Dubai fintech ahead of listing
ADCB and United Arab Bank see jump in 3Q net income
The AI-led transformation targets over AED 4 bn in value
Aldar to invest AED 3.8 into develop-to-hold Abu Dhabi portfolio
The investments span logistics, commercial, and residential assets
THIS MORNING: FAB, ADCB eye Significant Risk Transfers ahead of new capital buffer requirements + G42 denies claims of ties to Huawei, Chinese missiles
Plus: Dubai is getting a new art museum
DP World pours USD 226.9 mn into London Gateway hub + Property Finder takes stake in… Stake
Plus: China’s smart truck firm joins NextGen FDI
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