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ADGM publishes draft regulations for stablecoins + UAE mulling the acquisition of HSBC’s South African unit?
Plus: UAE airports see higher traffic in 1H
India to review trade agreement with the UAE to revisit duties and rules of origin + ESG summit kicks off in Dubai
Plus: Mubadala-backed Cespa sells more upstream assets in decarbonization drive
THIS MORNING: New ministers sworn in + India is working to build up its INR-AED market
Plus: CBUAE to auction new m-bills
ADGM’s registrations were up 31% in 1H 2024 + ADIA doubled down on Indian investments
Plus: FDI flows into Abu Dhabi’s real estate market more than doubled in 1H
Takaful industry set to grow this year + oil markets could turn to a surplus in 4Q 2024
Plus: Enec could supply the Philippines with nuclear power
THIS MORNING: AD Ports close to finalizing Izmir Port acquisition? + Gov’t launches 3Q clean energy certificated auction
Plus: RedBird IMI narrows down shortlist for Telegraph and Spectator acquisition
GulfNav’s Brooge acquisition could take place this month
PLUS: ICV program has redirected over AED 48 bn to the economy in 1H 2024
THIS MORNING: Adia eyes stake in Vodafone Idea? + Flying taxis could come earlier than expected
Plus: Oil tankers flying Eswatini’s flag banned from arriving at Emirati ports
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