Solid quarter for UAE banks
Both lenders’ overlays — made after the conflict — eased in 2Q 2026
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Both lenders’ overlays — made after the conflict — eased in 2Q 2026
Foreign investors sold a net USD 641.5 mn worth of Dubai-listed shares during the quarter
Dubai Customs’ measures protected AED 33.9 bn worth of trade moving
Plus: The UAE generated over half of MENA investment banking fees in 1H
Abu Dhabi Investment Authority’s latest move in India is a stake in steel supplier SG Mart
Plus: Egypt’s tanks draw more Emirati interest
Plus: Adnoc just extended its Hormuz bypass to a new set of customers
It's the third big Abu Dhabi hedge fund move in as many months, from ADIA to Lunate to ADIC
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