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We’re closer to getting off of the EU’s money laundering watchlist
A previous attempt to remove the UAE from the list last year was blocked by EU lawmakers
THIS MORNING: MGX in talks to invest in French AI startup Mistral?
Plus: Space42 eyes AED 2.6 bn financing for Al Yah 4 and 5 satellites
THIS MORNING: UAE rescues 22 people aboard a commercial vessel hit by Houthi attacks in the Red Sea
Plus: Brics countries eye intra-Brics tourism agreement
Elevate, Ennismore plan USD 500 mn residential project on Al Marjan Island
Plus: DoH + GemmaBio to set up gene therapy ops in Abu Dhabi
DP World acquires controlling stake in Switzerland’s NovaAlgoma
The transaction is set to wrap up in the coming months
Nasdaq-listed DeFi Technologies lands in DMCC
Plus: New Tanzania-Dubai air cargo link
AD Ports and China’s Ningbo Zhoushan Port partner on auto logistics
The partnership will establish roll-on/roll-off terminals at both companies' port hubs
Eurasian Development Bank issues AED 200 mn private placement bond
It comes as the bank looks to boost cross-border trade using local currencies other than the USD
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