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Egypt’s Elsewedy Electric acquires majority of Dubai-based Thomassen Service + New real estate tokenization platform
Plus: Canater has secured USD 1 mn from regional investment firm Foras in exchange for a 10% equity stake
UAE in strategic talks with Syria, Greece, and the EU
Cooperation on finance, trade, renewables, and tourism featured in the talks
e& expands to the Americas through its wholesale unit
Plus: Etihad Rail eyes infrastructure projects in South Sudan and Chad
AD Ports goes big in Egypt
AD Ports has been steadily growing its footprint in Egypt, with total investments estimated at around USD 349 mn over…
Cooperation on renewables with Ecuador and Austria? + UAE president meets Lebanese counterpart in Abu Dhabi for the first time
UAE and Lebanon to deepen bilateral relations
Africa-focused trading house Atmin to be set up in Dubai
Dubai-based Atmin will begin by focusing on crude, then expand into oil products and minerals
US tariffs will hit its own consumers. Retailers and suppliers are bracing for impact.
Businesses face tough choices as tariff effects squeeze both supply and demand
IMF maintains the UAE’s GDP growth forecast at 4%
Inflation is seen rising to 2.1% in 2025
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