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UAE + India ink pact on trans-continental food trade route
ALSO: India cut down its local remedies exhaustion period for UAE investors to three years
Modon Holding appointed as master developer for Egypt’s Ras El Hekma as megaproject kicks into gear
Modon inked a slew of agreements for the project, including with Orascom Construction and Taqa
MGX backs OpenAI in bumper USD 6.6 bn funding round
The funding round values the ChatGPT maker at USD 157 bn
Adnoc seals Covestro takeover in largest investment from Middle East player in Europe
Talks for the transaction have been ongoing for over a year
Podeo secures USD 5.4 mn for global expansion
Podeo aims to use the funds to “supercharge” revenue for creators
International Resources Holding to invest in South African logistics and clean energy assets
The agreement will target issues in freight rail and ports that have hindered commodity exports
UAE signs USD 30 mn climate pact with Ghana for biodiversity and reforestation
The two countries will discuss the potential projects at COP29 next November
Adia backs SC Lowy’s South Korean real estate fund
The fund will focus on senior-secured lending
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