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UAE climate fund Alterra pledges USD 200 bn in additional investments + UAE breaks ground on Azerbaijan solar plants
The USD 30 bn climate vehicle aims to mobilize investments for the Global South
Emaar earmarks AED 1.5 bn for Dubai Mall expansion
Emaar will add 240 new retail and dining options in Dubai Mall
ADIA to anchor European private credit fund
The fund will focus on investing in private equity general partners and funds
THIS MORNING: Sidara makes final play for Wood Group + President in China
Plus: Drake & Scull’s shares soared 30% on its return to the DFM
GrubTech bags USD 15 mn in series B funding
The startup plans to expand into KSA, Europe and the UK.
Lunate acquires minority stake in US-based PE firm as part of USD 3 bn JV with Blue Owl
The “passive” investment will not have an impact on Linden’s operations or investment strategies
Adnoc Distribution eyes more fast EV chargers in the UAE this year + fuel stations across Egypt, KSA and the UAE
Plus: Health and Prevention Ministry is now offering installment plans in partnership with eight local banks
Holo closes pre-series A funding round to boost expansion plans
The company seeks to boost its presence in UAE and Saudi Arabia
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