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Non-oil trade soars 24% y-o-y to hit AED 1.7 tn in 1H 2025
UAE non-oil exports hit a historic high in 1H this year, reaching AED 369.5 bn
US trade policy grinds down global corporate investment
Meanwhile, Wall Street neared record highs due to “euphoric” conditions
THIS MORNING: xAI in talks with G42 to lease data centers? + Nividia chip access stalled further…
Plus: Arada set to tap Islamic debt markets next week
UAE president eyes tech, trade, renewables cooperation during Eastern European tour
Agreements were signed with Hungary in the field of data center, renewables, and defense
Trump’s tariffs start to bite, driving US inflation up in June
US firms are trying to offshore the brunt of the impact to other regions
Trade credit insurer Coface taps new GCC CEO
Jomaa will report to Mediterranean Africa region CEO Ernesto De Martinis
UAE-Germany trade, energy ties deepen
Masdar and Germany’s EnBW signed a clean energy MoU during the visit
THIS MORNING: FAB’s digital bond lists on the ADX + UAE firms in talks with Morocco over USD 10 bn wind projects
Plus: Zayed National Museum opens its doors this December
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