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Infrastructure 
Apex Engineering inks 50-year lease with Kezad to build AED 90 mn R&D and manufacturing hub
The plant is aimed to bolster manufacturing for industries with large-scale projects
NMDC to list 23% of EPC unit on the ADX in AED 3.22 bn IPO
NMDC obtains a capital funding essential to fuel its future projects
Hodler, Gewan to set up USD 250-500 mn digital energy infrastructure fund
The DEI Fund will invest in a variety of income-generating, utility-like digital energy infrastructure projects
Taqa and Jera reach financial close on Saudi plant
The plant will supply power and steam to the Saudi’s Amiral petrochemical complex
Egyptian gov’t greenlights Masdar, Amea Power renewables projects
Masdar will study the implementation of a 4 GW solar plant
ADQ to support national food waste initiative
Ne'ma will supply ADQ with data on food loss hotspots and systemic issues to facilitate problem-solving
Adnoc inks development agreement with Petronas, Storegga to explore carbon capture and storage in Malaysia
The three plan to kick off the study later this year
UAE gets its first low-orbit radar imaging satellite
Plus: DFM partners with China’s Shenzhen Stock Exchange
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