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US-listed ETFs land on ADX, and KKR makes a Gulf investment
The ADX is now the first exchange in the Arab region to cross-list US-domiciled ETFs
Amazon’s local rival noon gets USD 500 mn backing
The newly raised capital and a potential IPO could fuel noon’s expansion and automation
Taqa appoints Adrian Kershaw as CFO + Core42 appoints interim CEO
Taqa’s new CFO replaces Steve Ridlington, who will be retiring
Indian tech firm Cyient acquires Abu Dhabi tech consulting firm in a push into the region. Plus: Adia backs ICICI Prudential
ADGCE mainly works with energy firms
Archeo Futurus + Daywalker Global to pour USD 200 mn into Abu Dhabi’s tech and media sectors
They also launched the world’s first compute-securitized bond to support this investment plan
Arabian Gulf Investment and Green Harbor to launch a USD 500 mn fund that targets tech-based sectors
It will focus on local and global IPOs, prioritizing sectors such as advanced technology, AI, and robotics
Khazna to develop 200 MW data center capacity in KSA
The firm has uptaken a 225k sqm in Dammam to develop up to 200 mw of AI-ready data center capacity
Bank of China lists another USD 500 mn on Nasdaq Dubai
Plus: Investcorp Capital acquires US fire and life safety services provider
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