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MGX is reportedly eyeing USD 25 bn in external investments
The AI investor is exploring raising capital from Abu Dhabi and beyond
Bahrain’s SWF Mumtalakat acquires a stake in BlueFive Capital. PLUS: Ghitha’s NRTC expands further in Egypt
Mumtalakat joins the existing 25 founders, including institutions and family offices
Abu Dhabi prices deflate further in June
This is Abu Dhabi’s third consecutive month in deflation territory
Abu Dhabi’s non-oil trade reached AED 195.4 bn in 1H
Non-oil exports grew 64% y-o-y
The UAE secured USD 5.4 bn in greenfield FDI in 1H 2025
Kuwait, US, India, China, and Italy were the top capital investors
Abu Dhabi office market stays tight as Grade A demand outpaces supply
Rents in ADGM surpassed AED 3.5k per sqm
THIS MORNING: CBUAE holds rates steady, again + ADGM proposes amendments to expand authority for tighter oversight
Plus: Another UK hedge fund bites the dust and relocates to the UAE
THIS MORNING: Abu Dhabi to invest in major tourism project in Oman + EGA Eyes Ghana’s bauxite project
Plus: Banks to increase international credit and debit card transaction fees?
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