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THIS MORNING: Khazna Data Centers eyes KSA expansion + Shurooq expands tourism, hospitality portfolio with two new projects
Plus: RTA rolls out new Dubai-Sharjah bus service
TC Mena Holdings acquires majority stake in Gulf Cement
The company had been gunning for up to 100% of the company
THIS MORNING: Mubadala is re-assessing its investment strategy amid trade tensions, CEO says + Tourism is off to a strong start this year
Plus: UAE, Sri Lanka, and India will discuss Sri Lanka’s energy hub in May
Egyptian b’naire Naguib Sawiris’ Ora Developers launches USD 10 bn project in the UAE, eyes IPO in 3-4 years
The developer just opened its UAE headquarters in Dubai, with plans to triple its workforce by the end of the…
Mubadala doubles down on private credit with USD 1 bn Fortress tie-up
The two will co-invest in credit and special situations, with funds deployed across Fortress’ platform
Eagle Hills gets a shot in the arm with ratification of the UAE’s planned investments in Montenegro following controversy
The agreement includes two major tourism developments
Egypt’s Ora Developers eyes UAE real estate boom with new regional HQ in Dubai
The firm is working on a 4.8 mn sqm beachfront development in Ghantoot
Majid Al Futtaim invests AED 5 bn in Mall of the Emirates upgrade
The project will modernize the West End district, roll out infrastructure improvements, and expand the mall’s offerings
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