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GulfNav finally seals AED 3.2 bn acquisition of Brooge’s assets
The acquisition puts GulfNav on course for a projected paid-up capital of about AED 3.5 bn
Akdital Holding to invest USD 1.6 bn to expand into the UAE and Saudi Arabia
The firm plans to open eight new hospitals in the two countries by 2030
Dar + Trump partner to develop and tokenize hotel in Maldives
Plus: Aster to build two new hospitals with AED 265 mn in financing from Emirates Development Bank
Arada buys 80% of London’s Thameside West
The acquisition lifts the developer’s London pipeline to 15k homes
Emaar plans another big-ticket investment in Egypt
Plus: Space42 makes Thuraya 4 satellite globally available
AED 18.3 bn for new parks + more plans to improve quality of life in Dubai
The policies include developing talent in the aviation and sports sectors
Emirates NBD extends EGP 20 bn in credit facilities to Egypt’s Elsewedy + FAB fined by Central Bank of Egypt?
Plus: Al Batha Healthcare expands into diagnostics with acquisition of Milab
THIS MORNING: XRG eyes investment in Argentinian LNG project + Masdar breaks ground on 24-hour solar and battery energy facility
Plus: UAE earmarks USD 6 bn worth of investments for Africa’s tourism sector
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