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Emirates NBD beat earnings estimates in 1Q
The Islamic banking arm of Emirates NBD’s bottom line reached a record AED 1.01 bn in 1Q 2025
ASB Capital and State Street Global Advisors to launch a shariah-compliant global equity fund
Plus: DoH and Microsoft to co-develop an AI-powered healthcare system
Dubai inflation hits five-month low as monthly deflation returns
Housing continued to push prices higher, while transport saw a dip
ADGM fines crypto firm Hayvn Group and its CEO a total of USD 12.5 mn
Plus: dnata earmarks USD 110 mn for infrastructure projects
THIS MORNING: Syria, UAE to resume flights + Dubai Airport busiest in the world in 2024
Plus: Dubai Holding-backed Azadea Group scraps IPO plans
Updates on Aramex and EIB’s acquisitions
ADQ now owns 63.26% of Aramex
Mubadala, Silver Lake take NYSE-listed Endeavor private
Plus: He successfully exists Khazna
Emirates NBD and BlackRock to launch an alternative asset investment platform
Initial offerings provided to the bank’s clients will be exclusive to the UAE’s market
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