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AD Ports’ Kezad expands Al Ma’mourah project with business district
Plus: Emaar gets a credit rating upgrade from S&P Global
Mubadala, Taqa complete acquisition of majority stakes in Uzbekistan power plant
Plus: Emaar earns rating upgrade from Moody’s
Abu Dhabi Cruise Terminal in Zayed Port will see the UAE’s first hybrid heliport
Plus: Dubai rolls out a new public health law
Al Ansari Wallet is coming in 2Q + Cord blood banking services are now more affordable
Plus: Moody’s upgrades Dubai Ins. Company rating to A2
Moody’s affirms UAE and Abu Dhabi’s gov’t credit ratings
The rating for both governments was affirmed as Aa2 with a stable outlook
Arabian Construction secures AED 2 bn contract for Design Quarter development from Meraas
Plus: Moody’s upgrades RAK Bank’s outlook
Adnoc taps AIQ for USD 340 mn agentic AI deployment
Plus: Phoenix Venture Partners closes private placement for startup fund
Moody’s lowers outlook on UAE banking profitability, while penciling in 5% growth for the non-oil sector
The agency lowered its outlook on the UAE banking system from “positive” to “stable”
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