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Infrastructure 
ADFD provides financing for GSU’s Uzbekistan acquisition
Plus: Upfront raises USD 12 mn to scale hiring and expand into Saudi Arabia
KKR buys into Adnoc’s gas pipeline network
Adnoc Gas Pipeline Assets operates 38 pipelines and two export terminals in the UAE
THIS MORNING: Gulftainer eyes USD 1 bn in investments in Egyptian ports + UAE investors eye acquisition of port in Bangladesh
Plus: Ducab’s recently acquired Salalah plant to lift output by 10%
THIS MORNING: Fuel prices rise in October + Spinneys ventures outside of the Gulf with first stores in Philippines
Plus: Keeta plans mns of USD in investments in the UAE
THIS MORNING: Gems Education eyes Saudi school operator + Air taxis to hit Ras al Khaimah’s skies in 2027
Plus: Abu Dhabi earmarks AED 42 bn for livability strategy
Abu Dhabi’s GSU inaugurates Chad’s first large-scale solar plant
The 50 MW project is designed to supply clean energy to an estimated 274k homes.
THIS MORNING: New Emirates Road upgrade to cut Dubai-Ras Al Khaimah travel time + Dubai approves autonomous heavy vehicle regulations
Plus: Net sentiment for the banking sector fell 11%
XRG finalizes acquisition of stake in Rio Grande’s LNG facility
First announced in May last year, the agreement was finalized through an investment vehicle of Global Infrastructure Partners
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