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AI + Innovation (MENA) 
Infrastructure 
Ayu Life Sciences to develop a AED 33 mn medical facility in Jafza
Dubai Center for Artificial intelligence launches a global AI investment hub
GCC countries looks to scrap new IMO levy before it takes effect in October
A Saudi-led statement to the IMO warned that the new levy could “endanger exports from developing countries”
THIS MORNING: Adnoc shortlisted for acquisition of Shell’s downstream assets in South Africa + Wood resets the clock on Sidara’s takeover bid
Plus: Driverless taxis are now available in Abu Dhabi at no cost
Asset manager Lazard is the latest to expand to Abu Dhabi
Plus: Mediclinic to invest AED 120 mn into expanding its Airport Road Hospital
THIS MORNING: Jaywan is eyeing the launch of a credit card + Demand for cargo is still intact, industry players say
Plus: Global Cybersecurity Center of Excellence is expected to attract USD 1.4 bn in foreign investment
AD Ports selects Dar Al Handasah and Mar Construction to oversee construction at Angola’s Luanda Terminal
Once operational, the project is slated to boost the terminal's container capacity from 25k TEUs to 350k TEUs
More firms set up shop in DIFC + Jafza earmarks AED 90 mn to expand logistics park
Plus: Bitpanda obtained a broker-dealer license from Dubai’s VARA
Abu Dhabi industrial rents jump 25% as demand outpaces supply -Savills
Key industrial hubs Mussafah, ICAD, and KEZAD have all now crossed the AED 500 per sqm threshold
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