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Logistics (MENA) 
Abu Dhabi’s annual 1Q inflation hit 0.8%
Quarterly inflation decreased to 0.6% in 1Q
Chinese EV manufacturer Nio to set up shop in the UAE before the end of the year
Plus: More healthcare and real estate news
Mohamed Saeed Al Remeithi named new CEO of Abu Dhabi Aviation, CTO of Adnic resigns
Mohammed Saeed Al Remeithi was appointed as the CEO of Abu Dhabi Aviation, effective May 2024
ADIA to anchor European private credit fund
The fund will focus on investing in private equity general partners and funds
ADIA labeled strongest sovereign wealth brand by Brand Finance + RTA receives sustainability awards
The investment authority has a brand value of USD 561 mn
Bildco approves FAB, AD Ports settlement agreement
AD Ports has waived its lawsuit against Bildco
Khazna to develop 30 MW Mafraq data center
The investment is facilitated by ADIO’s Musataha initiative
Two Egyptian financial services firms are expanding to the UAE
PLUS: Abu Dhabi breaks ground on first phase of AED 9.3 bn housing project
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