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Adia considers selling down Ooreedoo stake
PLUS: DP World in talks to build dry port in Egypt
Edge Group to invest USD 200 mn in JV with US defense tech firm Anduril to co-develop drones in the UAE
Plus: Didi + Cyclotech to join Abu Dhabi’s SAVI cluster
Adia + Landmark sell their US student housing portfolio for over USD 1 bn
The portfolio was acquired by a partnership of Morgan Stanley Investment Management and Global Student Accommodation
Abu Dhabi home prices soared in 3Q amid tight market, record off-plan demand
Tight supply underpinned the rally, with just 10.3% of this year’s residential pipeline delivered as of September
Gems’ advisory arm to help set up school in Cyprus + Geely-backed Cacao, VFX firm open up Middle East HQ in Abu Dhabi
Plus: SmartCrowd launches first crowdfunded property in Abu Dhabi
Adia backs yet another Indian IPO
The sovereign wealth fund snapped up a 5.75% stake for INR 750 mn (USD 31.1 mn)
Abu Dhabi will develop more than 10 vertiports as part of eVTOL commercial rollout
Plus: New AED 3 bn development coming to Al Marjan
Adia buys into India-based RBL Bank, ahead of Emirates NBD’s open offer for the Indian bank’s public share + sells stake in Singapore’s PLQ Mall
Adia bought the undisclosed stake at INR 320.7 per share
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