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Adia to invest USD 750 mn in GMR Group's debt
The funds will be used to refinance all external debt of GMR Enterprises
Sanad sells AED 1.5 bn aircraft engines to Etihad Airways
The total value of MRO transactions between Sanad and Etihad Airways exceeds AED 6 bn
Veon to delist from Amsterdam, relocate to Dubai
The company will delist from Euronext Amsterdam by the end of 2024 to cut costs
Core42 begins deploying Nvidia tech
ALSO- Aldar-owned London Square launched its first residential projects in the UK
THIS MORNING: Adia to participate Adani’s USD 2 bn share sale? + Dubai will be 90% cashless by 2026
Plus: Acelen bondholders are getting antsy as talks for a sale of the Mataripe refinery from Mubadala drag on
Plenty of crypto news, as Cointelegraph sets up shop in Dubai, BitOasis works on anti-money laundering, and Phoenix opens up a new mining site
Plus: Emirati banks extended AED 630 mn loans to IFA Hotels and Resorts
Emirates Reem Investments acquires stakes in two firms
Spinneys will build a food processing facility in Dubai
DNEG's AI platform Brahma sets up headquarters in Abu Dhabi
Brahma executive chairman Prabhu Narasimhan relocating to the emirate as part of the move
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