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AI + Innovation (MENA) 
Infrastructure 
Adia completes USD 733.4 mn investment in GMR Group + Mubadala makes another investment in biotech
The funds will be used to refinance GMR’s external debt
THIS MORNING: Emirates NBD reportedly eyes acquisition of Egypt’s Banque du Caire + MAF shutters Carrefour stores in Oman
Plus: UAE, Malaysia could finalize trade agreement next week
Adia invests in US wealth manager + agtech startup
Adia completed a USD 3 bn investment alongside PE firm Advent in Fisher Investments, and invested in agtech startup Inari
THIS MORNING: Deadline for acceptance of Adia consortium’s bid for Malaysia airports extended + Patent registration to get easier?
Plus: Abu Dhabi launches ADRA to streamline business registration
Abu Dhabi Police gets new Commander-in-Chief + Director General
ALSO- The President appointed a new Chairman of the Abu Dhabi Department of Energy
Abu Dhabi’s economy grew 4.5% in 3Q 2024
Abu Dhabi’s economic growth was driven by non-oil diversification and robust growth across key sectors.
Abu Dhabi to require carbon reporting for big emitters as of 2026
The Abu Dhabi Environment Agency launched an international standard carbon measurement, reporting, and verification program
ADFD expands its funding of Velana airport’s development by AED 147 mn
The fund provided an earlier loan of AED 183.5 mn in 2017
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