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Shelf Drilling taps Arabian Drilling rigs in new global offshore expansion pact
The partnership is aimed at expanding their offshore drilling operations worldwide
Masdar, Adnoc partner up with French firms for renewables initiatives in Africa + Asia
Plus: Patrizia and ASB Capital set up shop in the UAE
Network International appoints Murat Cagri Suzer as group CEO + Invest Bank taps new department heads
Suzer has extensive experience leading payments, digital banking, and corporate operations of BBVA Bank in Turkey and the US
Tabby raises USD 160 mn in Series E round, valuation doubles to USD 3.3 bn
The MENA fintech startup will accelerate product rollout ahead of 2025-2026 IPO
AD Ports teams up with CMA CGM on JV to develop Congo terminal
Moody’s affirms Aldar Properties’ credit rating
Almal Development targets growth in Bali and Thailand
PLUS: Enec granted licence to search for nuclear waste disposal site
THIS MORNING: Meta rolls out Meta AI in the Mena region + Opec+ maintains oil supply cut policy
Plus: DubaiPay now accepts Tabby installments
India’s IPO market expected to raise USD 23 bn this year
Telecommunications firm Reliance Jio could potentially lead the largest IPO in Indian markets in 2025
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