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Logistics (MENA) 
Rak National Ins. and Rakbank report earnings for 2024
Rakbank’s net income hit a new record during the year
EMX rolls out e-bikes as part of EV push + More firms set up regional HQs in the Emirates
Dubai-based chemical distributor Altek International signed a partnership agreement with South Korean chemical producer Songwon
Orient Ins. expands to Saudi Arabia
PLUS: South Korea’s Dareesoft to expand to UAE + GCC
London ins. firm Nexus to acquire Dubai-based Arma Fusion
The transaction is slated to close in 1Q 2025
Dubai Aerospace Enterprise receives USD 201 mn in settlements from ins. companies
The aircraft lessor has been receiving proceeds from ins. providers for the past three months
Mubadala Investment trims GlobalFoundries stake by 4.1% in 3Q 2024
ALSO- Irish-US VC firm Continuous Ventures agreed to support the NextGen FDI initiative
More and more earnings
Etihad Airways, Invest Bank, Salama, Taqa, Shuaa, and more report 3Q earnings
In full swing…
Salik | Investcorp Capital | Adnoc Logistics & Services | Sharjah Cement | Union Insurance | National General Insurance |…
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