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AI + Innovation (MENA) 
Logistics (MENA) 
Abu Dhabi development fund has spent a cumulative AED 216 bn in development funds as of 2023
The fund handed out AED 220 mn in concessional loans and AED 270.7 mn in development grants in 2023
Samana to invest AED 12.5 bn in Dubai this year
18 construction contracts will be awarded to construction firms
True Gamers plans USD 1 bn e-sports island in Abu Dhabi
Gaming lounge operator True Gamers intends to construct a dedicated USD 1bn e-sports area in Abu Dhabi
MBC Group snaps up a nearly 14% stake in Anghami ahead of OSN-Anghami merger
Anghami’s share price rose 74% since the transaction
Shorooq Partners leads USD 11 mn funding round for Hong Kong blockchain platform
The funding will go into expanding real-world asset tokenization efforts, focusing on market opportunities in the MENA region and Asia
Mubadala, Uber invest in USD 100 mn series B for Moove
Mubadala and Uber boost Moove’s global expansion with USD 100 mn series B funding
It’s the first day of spring + RedBird IMI’s Telegraph takeover bid faces months-long probe
Good morning, wonderful people, and happy hump day. We have a busy, M&A-heavy issue for you this morning, so let’s…
New USD 500 mn Al Maktoum family office inaugurated in Hong Kong
The office will focus on scaling and backing up companies in AI, EVs, fintech, construction and tourism
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