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What a second Trump presidency could mean for the MENA region
Some economists predict that Trump’s tariffs will put extra pressure on inflation
Eagle Hills set to develop the EUR 12 bn Grand Budapest
ALSO- Arco acquires stake in Laing O’Rourke Joinery to expand UAE operations
THIS MORNING: Mubadala to restructure Getir + UAE, Russia move closer to double taxation avoidance agreement
The wealth fund applied for sole ownership of Getir’s grocery and food delivery businesses
Dubai-based Teammates.ai launches new AI agents to handle entire job functions
ALSO- EGA completed the construction phase of the expansion of its US-based subsidiary focused on aluminum recycling, Spectro Alloys
Shuaa Capital secures USD 300 mn facility to develop marine operations
The financing will be used to develop the OSV operations of Shuaa’s second-tier subsidiaries
UAE mediates the first prisoners exchange between Russia and Ukraine in 2025
PLUS- UAE and Uzbekistan discuss expanding bilateral ties
ENEC expands into nuclear consulting
PLUS- Investindustrial sets up shop in ADGM
ASK Private opens up office in Dubai
ALSO- Catalyst makes three direct investments in global startups
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