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Emirates Development Bank targets AED 23 bn in financing for 2025
The bank reported a record 222% y-o-y increase in financing in 2024
Dragon Oil taps Schlumberger for Egypt production optimization partnership
Plus: Mantra Finance lands Vara license
Shelf Drilling taps Arabian Drilling rigs in new global offshore expansion pact
The partnership is aimed at expanding their offshore drilling operations worldwide
Space42, Edge’s Fada to build UAE’s first sovereign EO hub
Space42, Edge’s Fada to build UAE’s first sovereign EO hub: ADX-listed AI-powered space tech firm Space42 and Edge’s space unit…
MBRSG and UNDP partner on AI policy
The partnership aims to develop AI ethics evaluation frameworks
DIFC and Keyper roll out API-powered real estate data platform
PLUS: Somalia settles debt with ADFD
Logic Holding acquires majority stake in Nexel to expand GCC presence
The exact size of Logic’s ownership in Nexel was not disclosed
More support for proptech + crypto payments for real estate?
PLUS: Keyper collaborates with Dubai First + FAB on rent payment program
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