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Fujairah is getting a new DP World port as the UAE’s Hormuz hedge takes shape
A new multipurpose port along Fujairah’s coastline and a separate container terminal at the emirate’s existing harbor could be in…
Sovereign AI startup Avelin AI raises pre-seed funding, while DP World expands its trucking fleet
Avelin AI raises pre-seed round Dubai-based Avelin AI has secured USD 3.7 mn in pre-seed funding from angel investors to…
THIS MORNING: DP World eyes a return to the US + Dubai Islamic Bank taps debt markets again
Plus: Int’l neobank Revolut has cleared the last formal hurdle before a UAE customer launch
Adia backs insurtech Sapiens, Positron AI comes to DIFC, DP World invests more in Dominican Republic freezone, Adnoc secures gas supply from Azerbaijan
Adia took a minority stake in Sapiens, which remains owned by Advent
THIS MORNING: IPO plans cool for Dubai Holding and EGA + More UAE, Syria collaboration is on the way
Plus: An Adia-backed IPO is hitting the US’ Nasdaq
Kezad set to welcome new graphene plant and drink line + DP World lands contract extension in Thailand
Graphene production is coming to Kezad There’s more graphene news in the Emirates, after UAE-based NanoCarbonX and UK manufacturer Graphene…
DP World + Russia’s Rosatom form JV, a gaming supplier eyes the UAE, Empower secures a contract from Meraas, ePointZero acquires US energy firm for USD 2.3 bn, EGF backs CarniStore
The new JV taps into Russian-linked container flows and Northern Sea routes
DP World’s bottom line rises in 2025 on stronger volumes
Ports are still doing the heavy lifting — with total group gross throughput rising 5.8% to 93.4 mn TEUs
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