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Plenty of crypto news, as Cointelegraph sets up shop in Dubai, BitOasis works on anti-money laundering, and Phoenix opens up a new mining site
Plus: Emirati banks extended AED 630 mn loans to IFA Hotels and Resorts
UAE + India ink pact on trans-continental food trade route
ALSO: India cut down its local remedies exhaustion period for UAE investors to three years
ADNH Catering’s IPO could raise as much as AED 864 mn
ADNH Catering set its indicative price range at AED 0.91-0.96 per share
THIS MORNING: Dubai Crown Prince heads to Kuwait + New energy safety regulations in Abu Dhabi to roll out in 4Q
Plus: Manchester City claims partial victory in case against Premier League
Adnoc seals Covestro takeover in largest investment from Middle East player in Europe
Talks for the transaction have been ongoing for over a year
Abu Dhabi's GDP grew 4.1% in 2Q 2024, driven by non-oil growth
The construction sector was the primary driver of growth in the non-oil GDP
ADNH Catering plans October ADX debut
The firm plans to list its shares on the ADX on 23 October
Dubai on track to open more than 34 new hotels in 2024 in tourism push
The tourism sector is expected to increase its contribution to GDP in 2024 to 12%
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