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Infrastructure 
Dewa and Masdar reach financial close for sixth phase of MBR PV park
The companies are getting AED 5.5 bn for the 1.8 GW phase of the project
Flight availability in the UAE puts us in fifth place globally for international air connectivity
Good morning, ladies and gentlemen, and happy almost-FRIDAY. As we race towards the weekend, we have a brisk and meaty…
FedEx has a new air cargo hub at Dubai World Central
Plus: Tech, banking, education, retail, and startup news
Dragon Oil has USD 500 to invest in Egypt + Edgnex to invest in Turkey data center
Dragon Oil wants to raise its production from the North Safa oil field in the Gulf of Suez to 8k…
UAE to explore green industrial and green hydrogen investments with Baden-Württemberg
The partnership will also see them cooperate on AI, smart manufacturing, smart health, and aerospace
Mubadala invests in blockchain-focused fund
The fund focuses on blockchain ventures from pre-seed to Series A stages
EDF + Korea Western Power set to build UAE’s 1.5 GW Al Ajban solar project
The project’s estimated value is USD 748 mn
Adnoc, BP to form gas JV in Egypt
The JV is set to be established in 2H 2024, where BP will own 51%
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