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Leasing company Volt signs USD 210 mn electric trucks order with Mullen Automotive
Plus: Ex-Emaar CEO launches new real estate firm
First district-liquid cooled data center in the UAE
ALSO- Etihad Water and Electricity to deploy advanced technologies for water conservation
Adia-backed consortium offers EUR 14 bn to take over DB Schenker
The CVC-led group offered EUR 16 bn for the German gov’t to reinvest in the company
Mashreq launches IBAN verification for businesses
Plus: More news from du, e&, ADTIC, Sav, Hitek, and Fujairah Natural Resources Corporation
FAB taps new chief risk officer + Cavendish Maxwell taps CEO
Chris Jacques was tapped as FAB’s CRO as of 5 August, while Nick Witty joins Cavendish Maxwell
Abu Dhabi’s Blockchain Center launches USD 100 mn fund with Gate Ventures
Falcon Ventures will collaborate with international regulatory bodies
ADGM publishes draft regulations for stablecoins + UAE mulling the acquisition of HSBC’s South African unit?
Plus: UAE airports see higher traffic in 1H
Azizi taps Saudi’s Bahra Electric to power Dubai developments
ALSO- Emirates NBD’s REIT looks to rebalance its portfolio with new residential, retail, or education assets
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