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Logistics (MENA) 
IHC, Lulu, Talabat, AD Ports, ADNH turn in earnings
It was a good year for IHC, ADNH, Talabat, AD Ports, and Lulu, while Tabreed’s refinancing weighed on earnings
AD Ports expands footprint to Cameroon with 30-year Douala terminal concession
The structure gives AD Ports an effective 51% economic interest
MGX backs Anthropic, adding to a rich portfolio that includes OpenAI and xAI
This places MGX as a major stakeholder of two companies slated for what could be the largest IPOs of all…
AD Ports goes long in Jordan, more funding and support for Shorooq and proptech startups, and Maerki Baumann lands in ADGM
Shorooq Partners secured more Qatari backing, while Dubai’s Vara greenlit SmartCrowd’s tokenization platform
EmCoin rolls out multi-asset investment platform + South Korea’s Ssangyong secures USD 250 mn Dubai build
The platform allows users to invest in crypto, foreign exchange, and more
AD Ports Group looks to set up shop in the DRC
Port operating giant AD Ports Group has signed a heads of terms agreement to explore developing and operating a multipurpose…
Titan and Mercedes-Benz link up, Kezad makes metal play, Emirati startups secure funds, more defense, and SAF One taps India’s Tata
UAE steps up its downstream EV contributions with a multi-year lithium supply agreement with Mercedes-Benz
AD Ports sells off more land, more local defense agreements, another AI startup funding round, and a big-ticket Abu Dhabi real estate project
Defense agreements spanned local unmanned VTOLs and purchases of aircraft and drones by Edge
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