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CBD completes its USD 600 mn AT1 reset
CBD has issued fresh AT1 paper at 6.625% after redeeming its 2020 capital securities
THIS MORNING: Dana Gas gradually restarts Khor Mor production + MENA equity issuances plunge in 1H
Plus: You can now pay for Emirates flights through Crypto.com
CBUAE gives green light to Checkout.com and Yalla Financial Solutions + DIB launches Jaywan card
Checkout.com secured a stored value facilities license, while Yalla received in-principle approval for a retail payments service Category II license
THIS MORNING: Paramount’s WBD takeover is pushed back + Dewa looks to overseas collaboration
Plus: Dubai to see the first overseas UK state school
THIS MORNING: AE’s LNG ambitions face a tough negotiating environment + UAE’s USD 1.4 tn US pledge steams ahead
Etihad Rail is bringing two Abu Dhabi stations online earlier than expected
CBD reports strong 2Q earnings + du remains resilient
Operating income slipped 0.6% y-o-y to AED 1.44 bn in 2Q
THIS MORNING: UAE plans 5-7 Cepas before year-end + Dubai incentivizes inviting visitors to the emirate
Foreign Trade Minister Thani bin Ahmed Al Zeyoudi said that negotiations with 20 countries are already underway
UAE stocks extend foreign investor exodus as Dubai leads GCC outflows in 2Q
Foreign investors sold a net USD 641.5 mn worth of Dubai-listed shares during the quarter
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