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THIS MORNING: Interest rate decision coming today + Zapp to come to the UAE?
Plus: Mubadala eyes consortium to launch Brazil stock exchange
THIS MORNING: Bank assets rose to AED 4.6 tn in 2024 + Abu Dhabi inflation fell in January
Plus: Nomura Holding plans Dubai office expansion
Adnoc taps AIQ for USD 340 mn agentic AI deployment
Plus: Phoenix Venture Partners closes private placement for startup fund
Credit demand maintains its growth trajectory in 4Q 2024 -CBUAE
Demand rose due to greater investment, working capital needs, and robust economic conditions
CBUAE says GDP grew 4% last year
The banking, financial, and ins. sectors flourished last year
THIS MORNING: CBUAE keeps rates unchanged following Fed’s move
Plus: Dubai’s RTA launches tender to develop e-bikes’ battery charging and swapping stations
AD Ports to develop logistics park in Egypt’s Alexandria Port
ALSO- Ras Al Khaimah will welcome 12 new real estate projects this year, courtesy of Rak Properties
CBUAE’s T-sukuk for 1Q 2025 oversubscribed 6.3x
The T-Sukuk received bids worth AED 6.9 bn
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