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Logistics (MENA) 
Adia backs insurtech Sapiens, Positron AI comes to DIFC, DP World invests more in Dominican Republic freezone, Adnoc secures gas supply from Azerbaijan
Adia took a minority stake in Sapiens, which remains owned by Advent
Abu Dhabi government takes control of T10 cricket competition, plans to take it global
The move folds cricket into Abu Dhabi’s wider sports investment strategy, which has seen it build a portfolio around sports…
Mubadala capitalizes on US stock rally with USD 1.9 bn GlobalFoundries sale
The share sale came after the S&P 500 was up almost 20% from a March low
THIS MORNING: Fuel prices are up again + Some hope for ADX’s IPO pipeline?
Plus: UK mortgage lender’s collapse could be messy for FAB
MGX makes another AI wager, another int’l player lands in DIFC, a cold chain hub for Abu Dhabi, Gallega adds capacity to Jafza, another real estate project with Bildco in tow, Adia subsidiary heads for another Medline share sale
MGX joined a USD 2.1 bn funding round for UK-based Isomorphic Labs
THIS MORNING: Europe’s aerospace startup in talks with UAE investors + Fujairah looks to secure more logistics integration
Plus: Abu Dhabi opens another lane for dispute resolution
The quiet Abu Dhabi power player now steering USD 300 bn through a volatile region
L’imad’s USD 30 bn infrastructure platform with BlackRock and Temasek has thrust CEO Jassem Bu Ataba Al Zaabi into the…
Emirates Islamic + FAB line up ESG loans
Dubai-based retail player Brands for Less + Arada secured the financing lines
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