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Emirates NBD to become sole owner of EIB ahead of delisting the Islamic bank from DFM
Plus: The lenders are expanding their debt programs
UAE banks ramp up debt issuances
Emirates NBD and Sharjah Islamic Bank are set to launch fresh issuances on Euronext Dublin and Nasdaq Dubai
Non-oil economy to grow 5% this year -Emirates NBD
Non-oil sector growth in the UAE and Saudi Arabia is set to lead the growth in the bloc
THIS MORNING: Emirates NBD is prepping an AT1 issuance + Flydubai, Etihad Airways eye aircraft acquisitions
Plus: Dubai is being considered as a hub in the World Bank’s global decentralization push
UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island
Wynn Resorts secures USD 2.4 bn loan for Wynn Al Marjan Island: Wynn Resorts obtained a USD 2.4 bn construction…
Union Properties slashes debt + secures new funding
The developer cut its legacy debt to AED 575 mn by the end of 2024, down from AED 1.5 bn…
Earnings season heats up
Emirates NBD, Al Seer Marine, Commercial Bank of Dubai, and more report 2024 earnings
Biotech startup BioSapien raises USD 7 mn after extending pre-Series A funding
ALSO- The United Arab Emirates University inaugurated the country’s first academic Stem Cells Research Center
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