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UAE banks positioned for 7-8% growth in 2024-2025
Ongoing project activity is expected to fuel wholesale loan growth of 6-8% over the next five years
THIS MORNING: Dubai to tighten oversight on foreign banks
PLUS: Made-in-UAE gold jewellery set to double
Private equity returns remain subdued in 2024 as transaction drought drags on
PE funds have collectively underdelivered on USD 400 bn in payments to investors over the past three years
Klickl International raises USD 25 mn in its Series A round
The funding will support Klickl’s expansion into global investments
Emirates NBD’s Deniz Ventures invests in AI securitization startup TeamSec
Deniz Ventures announced an investment in TeamSec.
Hub71 launches Angel Investor Support Package
Plus: The Abu Dhabi Fund for Development loans AED 92 mn to Rwanda
THIS MORNING: Ray Dalio, Paul Marshall ♥️Abu Dhabi + Adia calls for innovation in private credit
Plus: Etihad Airways to invest USD 7 bn in the next four to five years
On the digital trade finance revolution, open banking, and what AI can do for corporate banking
Mashreq has rolled out Neo Corp in Qatar, Kuwait, and Bahrain, and plans to onboard a third of its client…
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