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Sports consulting firm Elevate enters Middle East with Rise Group acquisition
Global sports consulting firm acquires Rise Group: US-based global sports and entertainment consulting firm Elevate Sports Ventures has acquired Dubai-headquartered…
S&P sees Abu Dhabi’s GDP growing 2.5% this year
The emirate’s GDP grew by 3.8% last year
Abu Dhabi’s RedBird IMI to sell the UK’s Telegraph to American PE Redbird Capital
The agreement would see RedBird Capital take majority control of the UK publication in a GBP 500 mn buyout
New industrial zones in Kezad and Rakez
The 130k sqm facility will be split across two zones, a Global Logistic Park and an AI Smart Manufacturing Park
THIS MORNING: Masdar in talks with Enel for energy storage in Italy + Brookfield, Temasek, and BlackStone eye Dubai real estate amid soaring demand
Plus: Environmental consultancy offices must now register with EAD
Botim is first fintech to issue CBUAE’s Jaywan
Plus: Aldar sells property to Hong Kong’s Gaw
Abu Dhabi homes get pricier in 1Q
Just 2% of the 2025 residential pipeline was delivered in 1Q
Abu Dhabi gears up for local debt issuance
The emirate and the UAE federal government are expected to issue some USD 8 bn in AED-denominated debt in 2025
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