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Budapest pulls plug on Eagle Hills’ “mini-Dubai” project
A government decree will recognize Budapest as the buyer of the land, nullifying the previous agreement to sell it to…
Emirates earmarks USD 90 bn for fleet expansion by 2032
The airline is facing significant delivery delays from Boeing, pushing it to extend the service life of its current fleet
Aldar issues USD 500 mn hybrid notes to Apollo
The notes replace a previous land joint venture from Apollo’s USD 1.4 bn investment
NMDC Energy to invest USD 500 mn in dedicated offshore wind vessel
The EPC unit is betting on offshore wind as a major revenue stream
ADQ, Orion launch USD 1.2 bn JV for critical minerals
The joint venture will target mining companies in Africa, Asia, and Latin America
Amea Power to develop a USD 350 mn battery storage project in Egypt
The 1.5 GWh project aims to stabilize Egypt’s renewable grid by storing excess power for peak demands.
Silkhaus raises seven-figure funding round + Maalexi secures USD 3 mn credit facility
Silkhaus raised the funds to support its expansion into Saudi Arabia
THIS MORNING: Eagle Hills to invest USD 6 bn in Georgia + Iraqi Stock Exchange to join ADX’s Tabadul
Plus: CBUAE bans banks from covering DLD and broker fees
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