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Fitch forecasts 15% correction for Dubai home prices
Project delivery delays remain possible
THIS MORNING: Low economic risk this year, Fitch says + Dubai’s first ever tokenized real estate asset was fully funded in the first day
Plus: Private sector eid holiday confirmed
THIS MORNING: Sharjah Islamic Bank sounds out investors for AT1 sukuk sale + Pay for your flights with stablecoin?
Plus: Fitch Ratings has revised down its forecast for growth in the GCC in 2025 to 3.7%
THIS MORNING: Emirates NBD to set up unit in India + Ex-Magellan trader files complaints over alleged regulatory breaches
Plus: Parkin rolls out monthly subscription packages
Fitch affirms Ras Al Khaimah’s long-term rating at A+ with a stable outlook
RAK’s GDP growth is expected to be boosted by the Wynn Al Marjan Island resort
THIS MORNING: US looks to fast-track foreign investments, including from the Gulf + New planned hospitals in Dubai
Plus: Crypto payments at fuel stations?
GCC share of emerging market USD debt climbs to 35% in 1Q -Fitch
The total GCC debt market crossed USD 1 tn by the end of March
Umm Al Quwain gets new sprawling “downtown” coastal development
Dragon Oil inks slew of agreements at Gotech 2025
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