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Further Ventures invests USD 5 mn funding in GRVT
The investment brings GRVT’s total funding to USD 14.3 mn
The General Authority of Islamic Affairs, Endowments, and Zakat has a new director-general
Al Neyadi previously served as Executive Director of the Support Services Sector at the authority
Abu Dhabi’s economy grew 4.5% in 3Q 2024
Abu Dhabi’s economic growth was driven by non-oil diversification and robust growth across key sectors.
THIS MORNING: DFM rises to 10-year high + Dubai to introduce real estate tokenization
PLUS: Retail district cooling providers must license with Abu Dhabi DoE by 31 Jan
Commercial property market expected to outperform Hong Kong’s as demand for office space rises in 2025
Strong demand is driven by yields of 6% in Abu Dhabi and 5% in Dubai
Mashreq Al Islami’s CEO recognized as best Islamic Banking CEO by Global Business Outlook Awards + FAB classified as one of four leading GCC banks by Fitch. PLUS: Al Tamimi and Company’s training program hits 80% success rate
ALSO- Abu Dhabi was awarded the UN Tourism QUEST certification for its excellence in destination management
More asset managers eye ADGM
Plus: Dubai’s AED 2 bn Trump Tower will launch in 2Q 2025
THIS MORNING: Abu Dhabi proposes new virtual asset regulations + New tariff cuts for RAK industry?
Plus: GCAA overhauls private aircraft registration procedures
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