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Non-oil sector momentum + hydrocarbons recovery lift GDP outlook for 2025
The CBUAE also raised its forecast for non-hydrocarbon GDP this year to 4.9% from 4.5%
Mubadala is now a joint owner of Romanian renewables player Rezolv
The Abu Dhabi sovereign investor committed EUR 300 mn to the firm
Brookfield’s real-asset moment
Brookfield is leaning into infrastructure where AI-driven demand meets inflation-linked, long-duration revenues
Amea lands financing for another solar plant in Egypt
The firms have already kicked off construction on the project
Adnoc secures up to USD 11 bn in first-ever greenfield gas pre-export financing
The facility drew commitments from over 20 global and regional banks
Masdar makes headway on UK battery storage pledge
The projects are part of the company’s pledge of up to 3 GWh BESS projects in the UK
THIS MORNING: CloudKitchens shelves plans for dual KSA, UAE listing + Alterra invests in Copenhagen Infrastructure Partners’ fund
Plus: Warner Bros’ board is not loving Paramount’s Gulf-backed bid
The IMF is happy with the UAE’s reform and growth trajectory, based on its latest article IV consultation
The anticipated 2025 growth is driven by a projected 5.3% expansion in the hydrocarbon sector and a 4.6% rise in…
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