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IHC is lining up USD 1 bn worth of acquisitions in the mining sector
IHC’s mining subsidiary plans to use renewable energy sources to power its mining projects
DP World + Mawani break ground on USD 250 mn solar-powered logistics park
Stories on our radar this morning from around the region
Honeywell + Volts collaborate on UAE’s first battery storage gigafactory
The factory will produce RESS battery cells
Emirates Islamic nabs over USD 2.1 bn in orders for debut green sukuk
The USD 750 mn sukuk was 2.8x oversubscribed
Masdar inks agreements for Indonesian renewable energy projects
Masdar signed three agreements to further Indonesia’s energy transition
Microsoft + G42 will build a mega geothermal-powered Kenyan data center
The data center will offer access to Microsoft Azure
TODAY: Updates from UAE’s G42 + Joby eVTOLs will land in KSA
What we’re tracking this morning regionally and around the world
Emirates Islamic takes USD 750 sukuk to the market
The lender gave the issuance a spread of 100 bps over US Treasuries
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