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Emirates Development Bank targets AED 23 bn in financing for 2025
The bank reported a record 222% y-o-y increase in financing in 2024
Dragon Oil taps Schlumberger for Egypt production optimization partnership
Plus: Mantra Finance lands Vara license
Shelf Drilling taps Arabian Drilling rigs in new global offshore expansion pact
The partnership is aimed at expanding their offshore drilling operations worldwide
Blum secures USD 5 mn to scale AI-powered crypto trading on Telegram
The round was led by gumi Cryptos Capital
MBRSG and UNDP partner on AI policy
The partnership aims to develop AI ethics evaluation frameworks
UAE, Libya reopen air routes, US call, and high-level talks at World Governments Summit
Officials met with representatives from Libya, Portugal, Kurdistan, Seychelles and Türkiye
The UAE’s AI ambitions + sugar production are getting attention
PLUS: Sugar refineries in the country are running below capacity
AppliedAI lands USD 55 mn Series A funding round led by G42
This round comes after the company's pre-investment valuation reached USD 300 mn
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