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Logistics (MENA) 
Adani’s Dubai-based unit ups stake in ITD Cementation following private placement
The acquisition was financed by a USD 750 mn through offshore private placement bond raised by several investors
Dubai is getting the Gulf’s first large-scale brewery + ADGM’s assets under management grew more than 200% in 3Q
Plus: Dubai allocated AED 750 mn for R&D
Apex Engineering inks 50-year lease with Kezad to build AED 90 mn R&D and manufacturing hub
The plant is aimed to bolster manufacturing for industries with large-scale projects
Adani in hot water — again
Hindenburg Research accused the conglomerate of improper use of tax havens last year
Wynn Resorts invests USD 514.4 mn to date in Marjan gaming resort + earmarks land for future development
Wynn Resorts invested USD 356.5 mn in its 40%-owned joint venture with Marjan and RAK Hospitality in 2Q 2024.
Adani and IHC form JVs to seek business in India
Adani and IHC will help digitize India’s economy and expand smart metering