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Abu Dhabi ports shares surge on ADX following IPO + Dubai’s SHUAA wants to SPAC
Shares in Abu Dhabi Ports jumped as much as 17% on its ADX debut yesterday, marking the latest success for…
Chimera closes USD 10 bn venture capital fund
Our friends at the UAE’s Chimera closes fundraising for one of the largest funds in VC history: Our friends at…
Aldar CEO appointed as SODIC chairman
Aldar Group CEO Talal Shaffique Abdullah Al Dhiyebi (LinkedIn) will become SODIC’s new chairman after being voted in by the…
SODIC announces new board + more from IBM, Nestlé, Capiter and Silicon Badia
SODIC gets a new board of directors after Aldar / ADQ acquisition: SODIC shareholders have elected the company’s new board…
Food prices surge 28% in 2021 + US is now the world’s biggest LNG exporter
Global food prices soared as much as 28% in 2021 to the highest level in ten years, driven by poor…
Arco inks EGP 720 mn financial leasing agreement
Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf…
Now make it official
The Aldar / ADQ consortium and SODIC are now hitched: The Emirati consortium of real estate giant Aldar Properties and…
THIS MORNING: Get your booster shots today + US inflation is at its highest since ‘82
Good morning, friends. Only three weeks to go until the end of the year, and we’re marking the occasion with…
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