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Infrastructure 
Red Sea cables severed, causing internet service disruptions
PLUS- Adia could join USD 1.6 bn Yondr acquisition + Adnoc looks to line up USD 10 bn in financing…
THIS MORNING: Guinea transfers EGA’s concession to state-backed firm + Dubai Investments to IPO one of its subsidiaries this year
Plus: Masdar in line for a stake in Inerdrola’s solar portfolio in Spain
Earnings season continues…
Alpha Dhabi | Abu Dhabi Aviation | ADNH | Tecom
Egyptian proptech Nawy acquires majority of Dubai fractional property investment startup SmartCrowd
The move marks Nawy’s first foray into a GCC market
Alpha Dhabi Holding taps new CFO, Al Tamimi welcomes new partner
Sleiman was most recently CEO of Al Rajhi United Investment Holding
Adnoc Gas, du turn in strong 1Q earnings reports, while Alpha Dhabi sees bottom line dip
Adnoc Gas posted a 7% y-o-y increase in net income, while Alpha Dhabi reported a decline
More firms set up shop in DIFC + Jafza earmarks AED 90 mn to expand logistics park
Plus: Bitpanda obtained a broker-dealer license from Dubai’s VARA
THIS MORNING: India’s Infibeam eyes ADX listing + Alpha Dhabi, Mubadala private credit venture deploys USD 1 bn in capital
PLUS: DIFC eyes 20% growth this year
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