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Uber and WeRide are bringing robotaxis to the UAE
PLUS: Arada completes USD 150 mn tap into sukuk issuance
ADQ launches dual tranche issuance
The issuance will be the sovereign wealth fund’s second
THIS MORNING: More family offices, lenders set up shop in Dubai + Kenya eyes USD 1.5 bn bailout from the UAE
Plus: NeoPay to expand in the region?
Mashreq arranges AED-denominated syndicated loan for Trade and Development Bank
The AED 500 mn loan will be used for general corporate purposes
AD Ports refinances USD 2.25 bn loan to benefit from lower interest rates
The move comes after the Central Bank of the UAE cut the overnight deposit rate by 50 basis points
The UAE’s first PPP-built schools launched in Abu Dhabi
The Abu Dhabi Investment Office inaugurated three schools in Zayed City
Credit demand rose in 2Q 2024, CBUAE says
Higher interest rates continue to weigh on demand
Gold picked up yesterday after US job opening data disappointed
It’s all eyes on DC for Jobs Friday tomorrow
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