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THIS MORNING: CBUAE keeps rates unchanged following Fed’s move
Plus: Dubai’s RTA launches tender to develop e-bikes’ battery charging and swapping stations
ASK Private opens up office in Dubai
ALSO- Catalyst makes three direct investments in global startups
THIS MORNING: Major roads in Dubai will close starting at 4pm today
PLUS: Time’s up for residency law violators
UAE opens a new trade link to China through Northern Pakistan
PLUS: Adnoc Distribution inked a five-year contract with Adnoc Gas Facilities to secure propane supplies through 2028
Real GDP growth hits 3.6% in 1H 2024
Initial estimates for 1H 2024 are more or less in line with the IMF’s most recent projections
Orient Ins. expands to Saudi Arabia
PLUS: South Korea’s Dareesoft to expand to UAE + GCC
CBUAE, Hong Kong Monetary Authority to streamline cross-border debt issuance
Plus: The MBRHE and Wasl Group joined forces to develop sustainable housing
RTA awards AED 20.5 bn contract for Blue Metro line development
The line is set to start operating in 2029
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