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Logistics (MENA) 
ADX, DFM rebalance benchmark indices + S&P rebalances two UAE indices
ADX added five companies to its FTSE indices
Abu Dhabi greenlights AED 3 bn road projects, including 25km road to Abu Dhabi island
The 25km road will link Abu Dhabi island to the mainland via intermediary islands
Dubai to Abu Dhabi in 30 minutes
The firms will establish two vertiports in Dubai and Abu Dhabi
ADIA boosts investment in private credit with fresh commitment to Cheyne Capital
Abu Dhabi Investment Authority will increase its commitment to Cheyne Capital's capital solutions fund to GBP 650 mn
Abu Dhabi rolls out new investment company for AI and tech
The new company will invest in AI infrastructure, semiconductors, and AI core technologies and applications
Oversupply risk, global economic pressures to possibly lead to a cyclical slowdown in Dubai’s property market –S&P Global
The ratings agency had previously said it expects prices to climb 5-7% this year before reversing in 12-18 months
G42 plans mega data center in Kenya + new desal plant in Umm Al Quwain
Plus: More logistics, aviation, science, space, and healthcare news
EFG Hermes 1x1 wraps today
Plus: A lot of M&A speculation and a relisting
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