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Infrastructure 
Hatta hydro plant begins trial operations + exporting power to Dubai
The plant generated more than 17.9 GWh of electricity during the testing phase
THIS MORNING: UAE and Philippines’ trade agreement to be inked within weeks + Warburg Pincus secures Dubai license
Plus: McLaren to auction off three racecars for the first time in Abu Dhabi later this year
Dubai Science Park is getting a district cooling plant
The plant will start construction by late 1Q next year.
US investor Stonepeak launches MENA renewables platform
The platform will target utility-scale solar, wind, and battery storage projects, with a focus on the Gulf
XRG-led consortium needs four weeks before entering an implementation agreement for its takeover of Santos
The two firms have also yet to see eye to eye on terms for a binding scheme implementation agreement
THIS MORNING: India’s Kotak receives SCA license, plans retail-focused funds in 4Q 2025 + IFZA in Panama?
Plus: UAE-based advisory firm to help Syria’s state-owned cement firm upgrade production
Wusoom appoints new board members after BlueFive acquisition + BGN taps new Dubai-based Africa business head
Also: Sharjah has appointed a CEO and vice chair at Sharjah Hospitality Group
China’s Zhenhua on track for double its Adnoc crude supply after Bu Hasa takeover
China’s Zhenhua Oil will double its Adnoc crude offtake to 200k bbl/d by year-end under a new supply agreement
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