Media
DP World to launch cold storage facility in Egypt
Plus: India’s Rana Group breaks ground on RAK manufacturing hub
UAE cracks down on social media influencers
The requirement will come into effect in three months
Multiply subsidiary Emirates Driving Company is acquiring a stake in fleet operator Mwasalat Holding
EDC’s net income rose 7.6% y-o-y to AED 68.8 mn in 1Q 2025
Dubai maintains second spot in top MENA startup ecosystems ranking
Projections indicate a USD 6.5 bn GDP boost
Multiply consolidates 3 UAE outdoor ad assets under new unit MMG
MMG will also increase its international advertising footprint
Dubai Holding’s Residential REIT and Moniify are in the int’l press
The offering drew interest from global hedge funds, long-only investors, and real estate specialists
Abu Dhabi’s RedBird IMI to sell the UK’s Telegraph to American PE Redbird Capital
The agreement would see RedBird Capital take majority control of the UK publication in a GBP 500 mn buyout
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