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THIS MORNING: UAE to invest EUR 40 bn in Germany. Plus: Odisha’s visit to UAE sees IHC + Adani partner on USD 22 bn in agreements
Plus: Algeria cuts off diplomatic ties with UAE
IHC backs Adani Airports' USD 1 bn expansion raise
The transaction values Adani Airports at USD 18 bn, with investors set to own 5.5% by July 2027
THIS MORNING: Drone strike targets Barakah nuclear plant + IHC subsidiary eyes a USD 1.3 bn investment in Adani Airport Holdings
Plus: Emirates NBD’s majority stake takeover of RBL is nearly across the finish line
THIS MORNING: UAE eyes USD 6 bn India grid link to export surplus clean power + The UAE now has 130.5k m’naires
Plus: RTA eyes reduction in travel time and more productivity with new AI strategy
Adani Group could snap up majority stake in Emaar India
Adani Group is looking to snap up between 70-100% of the Indian developer
Adani, GQG stocks plunge on US indictment
Adani withdrew its USD 600 mn sustainable bonds
Adani Ports snaps up 80% of Dubai’s Astro for USD 185 mn
The acquisition will boost APSEZ’s fleet to 168 vessels
Emirati consortium lands USD 22 bn development in Egypt
Good morning, wonderful people, and happy FRIDAY. The news cycle shows no intentions of slowing down as we race towards…