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THIS MORNING: UAE banks are paying up for deposits + ADIB sets the timetable for AED 1.75 bn rights issue
Plus: Emirates Islamic tests the waters for another sukuk offering
Rox eyes new energy storage platform + UAE, Washington follow up on AI ties
Rox’s plans focus on battery options from lithium-ion to long-duration thermal, gravity, and compressed-air storage.
Ruling finds Manchester City in breach of financial rule charges
The ruling revives an old diplomatic sore point just as defense, trade, and investment ties between London and Abu Dhabi…
THIS MORNING: Iranian flights suspended + MGX-backed consortium eyes another data center portfolio, Mubadala eyes stake in Italian turbine maker
Plus: UAE, Argentina launch separate CEPA track as Mercosur talks continue
Why UAE gains from Brics’ bilateral payments push, even if it stays a “cross-web” rather than a bloc-wide network
The recent Brics summit shelved any bloc-wide rail, but the UAE’s bilateral links put the UAE at the center of…
Abu Dhabi and Seoul get down to business on AI and finance
The agreements build directly on February's USD 65 bn defense-led pipeline and May's CEPA
THIS MORNING: UAE to invest EUR 40 bn in Germany. Plus: Odisha’s visit to UAE sees IHC + Adani partner on USD 22 bn in agreements
Plus: Algeria cuts off diplomatic ties with UAE
THIS MORNING: UAE authorities are probing Binance on “third-party” fund flows, reports say + UAE-Russia trade services agreement enters into force
PLUS: DP World moved 500k TEUs across the GCC via road and rail since March
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