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Investcorp acquires US industrial property portfolio + NRTC takes over Ripe Organic
Plus: BPGIC taps PEG for Fujairah’s gasoline refinery
IHC injects USD 715 mn into its digital financing platform Zelo to expand SME financing
The funding will help Zelo fast-track additional anchor partnerships
THIS MORNING: December will be a busy month for travel + Non-Emiratis can now foster children under new amendments
Plus: Ripple stablecoin gets ADGM approval
Emaar plans another big-ticket investment in Egypt
Plus: Space42 makes Thuraya 4 satellite globally available
Emirates’ first carbon capture plant kicks off operations
Plus: Aldar Estates launches AI-enabled automated parking with Parkonic
HR tech startup Cercli raises USD 12 mn in a Series A round
The round was led by Germany’s Picus Capital
Cado raises USD 4.5 mn pre-seed to scale regional and US expansion
The funding round was led by Sanabil 500
Dubai International Chamber enters eastern Europe
PLUS- Superior Technology Systems and GE Vernova land 3 GW power plant contract + LNG import terminal
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