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THIS MORNING: Mubadala eyes Brazil’s Will Bank + Adnoc top bidder for Russian stake in Serbian Oil Industry?
Plus: Emirates NBD sees the UAE’s GDP growing 4.6% in 2026
Fitch Ratings sees “neutral” outlook for MENA sovereigns in 2026
Economic diversification efforts will support GDP growth
THIS MORNING: Abu Dhabi investor backs Paramount’s hostile bid for Warner Bros + Abu Dhabi gets fintech, insurance, digital assets cluster
Plus: Plenary sets up infrastructure investment platform in ADGM
UAE and Ecuador boost economic ties
Three agreements were signed focusing on investment ties, digital economy, and labor mobility
World Bank maintains forecast for UAE’s GDP at 4.8%
The non-oil sector is expected to continue to drive growth next year
Labor market grew 8.9% in 3Q
The number of companies also grew at 6.6% in 3Q
Non-oil private sector activity grows at the quickest pace in 11 months as northern Emirates and Abu Dhabi drive growth
The seasonally adjusted PMI rose to 54.8 in November, up from 53.8 a month earlier
Abu Dhabi inflation surges 1.5% in October
On a monthly basis, inflation saw a 0.7% increase, after having inched up 0.5% in September
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