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Infrastructure 
IHC subsidiary Al Seer Marine lands AED 760 mn facility from ADCB to fund strategic growth
Earlier this year, ADCB provided an AED 210 mn loan Al Seer Marine’s JV ASBI Shipping
Adia, PAI Partners acquire controlling stake in French aviation firm Alvest + Adia mulls sale of stake in Equis
The investment aims to drive Alvest’s expansion and innovation plans
THIS MORNING: EGA to take action against Guinea? + Sequoia under fire after partner’s anti-Muslim remarks
AND- Capital Economics is the latest to forecast strong growth for the UAE’s non-oil sector this year
Du, Omantel activate 275-km subsea cable
Plus: Metro Blue Line project management contract goes to Parsons
Adia, Apollo invest in Tikehau’s EUR 1 bn fund to back Egis growth
The capital will support growth for Tikehau’s engineering and consulting portfolio company Egis
Abu Dhabi set for 11.9k new homes in 2025 as 1Q sales drop
The emirate saw just 600 units completed in 1Q, contributing to a 56.4% y-o-y and 46.6% q-o-q drop in residential…
Elevate, Ennismore plan USD 500 mn residential project on Al Marjan Island
Plus: DoH + GemmaBio to set up gene therapy ops in Abu Dhabi
Mashreq ranked the top-performing in the UAE by The Banker + G42 makes it to TIME’s 200 most influential companies list
Dubai Islamic Bank came in second
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