Arabian networking group

June 5, 2025

UAE’s First Abu Dhabi Bank Participates in $750 Million Loan to India’s Adani Airports

First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, has joined a consortium of international banks to provide a $750 million loan to Adani Airports Holdings, India’s largest private airport operator. This strategic investment underscores FAB’s commitment to expanding its global footprint and fostering international partnerships in the infrastructure sector. The […]

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IMF Commends Oman’s Economic Reforms and Growth Prospects

The International Monetary Fund (IMF) has praised Oman’s ongoing structural reforms and projected economic growth. Despite a temporary shift to a moderate deficit expected in 2025–2026 due to lower oil prices and slower non-oil export growth, the IMF anticipates the external balance to return to surplus as oil production gradually increases.   Source: zawya.com

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