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THIS MORNING: Wartime loan deferrals reach AED 15.9 bn + ADIB shareholders give thumbs up to rights issue
Plus: UAE-based school operator Alephya eyes KSA’s Ajialuna
CBUAE brings down GDP growth outlook to 1.6%
On the flip side, it raised its prediction for 2027 GDP growth
THIS MORNING: USD bns worth of agreements incoming from UAE-Germany + DP World locks in Mombasa land grab
Plus: Gross bank assets rose 1.3% m-o-m in July
THIS MORNING: Bybit sues North Korea for USD 1.5 bn hack + Moody’s places Binghatti on downgrade review
Plus: Jaywan is going global after a partnership with China’s UnionPay International
DP World moves in on Antwerp and Australia + Edenred secures CBUAE approval
The logistics giant inked a multi-year agreement in Australia and committed to a cold-chain facility in Belgium
THIS MORNING: Fertiglobe is eyeing overseas acquisitions + the T-sukuk market stays busy
Plus: The CMA scraps 15 fees after fee framework review
Pemo is closer to expanding its offering + DTC links up to du’s cloud
The Dubai-based fintech secured in-principle approval from the Central Bank of the UAE for a stored value facilities license
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
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