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AI + Innovation (MENA) 
Infrastructure 
THIS MORNING: Abu Dhabi eyes bringing Mubadala and L’imad’s China-focused assets under one umbrella + reports swirl of UAE-Egypt eyeing Moroccan tourism
Some hotels in Dubai are shutting up shop for renovations, some for good
IHC acquires stake in hospitality portfolio of Richard Caring
The acquisition is said to be valued at north of GBP 1 bn
IHC takes stake in Sammaan, SMEs get another liquidity cushion, Mubadala + IHC back Whoop, and hospitality financing startup launches in UAE
Abu Dhabi giants are still writing checks
THIS MORNING: Emirates is securing war-risk cover + Al Ain offers tax rebate for hospitality upgrades
BUT- The number of cyberattacks has been ticking up as the war drags on
THIS MORNING: Iran-linked institutions in the UAE are under scrutiny + Millennium Management eyes up relocating regional staff
Plus: India extends UAE gold imports quota + there’s more disruption for events and aviation
Azizi makes AED 75 bn hospitality push despite hazy outlook for the sector
The portfolio will be concentrated in Dubai, adding 60k rooms to the emirate’s capacity
Etihad Rail + Turkey’s Hareket partner on cargo, Equitativa + Premier Inn put pen to paper on AED 2 bn pipeline, Ohana launches its AED 15 bn project
Etihad Rail is partnering with Turkish heavy-lift specialist Hareket to handle oversized and complex cargo movements
New defense JV and agreements, Dubai Holding makes moves in Mallorca, and CE Ventures backs US biotech
Edge signed an agreement with Barzan for a JV for advanced defense technologies, while Calidus and a US firm will…
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