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THIS MORNING: President Mohamed bin Zayed Al Nahyan kicks off Russia visit + Pakistan Mart is coming
Plus: Standard Chartered is bullish on the UAE’s growth
Chinese marketplace operator Zhuanzhuan comes to DAFZ
Plus: UAE, Malaysia, and Rwanda will work on AI adoption in the Global South
Multiply Group is the new majority shareholder of Spanish retail group Tendam
The transaction values the parent company at AED 5.6 bn
Al-Futtaim takes big stake in Cenomi Retail
Cenomi Retail had been shedding brands as part of a turnaround bid. Al-Futtaim is now offering a lifeline — and…
Emirates NBD + DIB back Turkey’s A101 with USD 175 mn loan
The five-year loan supports A101’s growth plans
Emirates Properties Group launches AED 350 mn Dubai project + Emaar Misr plans another Egypt project
Plus: WeRide and Uber to test self-driving vehicles in Dubai this year
Luxury brands are turning their focus to Abu Dhabi
Global brands are increasing their presence in the capital
Mashreq is now the first UAE bank to offer instant payments for SMEs
Plus: Pony.ai to launch robotaxi trials in Dubai this year
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