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AED 1.8 bn for Ajman infrastructure, DTC becomes top taxi, Adnoc deepens energy ties with South Korea
Ajman is investing AED 1.8 bn over five years for municipal projects
THIS MORNING: Petrofac sells UAE unit to US, UK players + Alec clinches construction contract for The Sphere
Plus: Both IHC and Alabbar are eyeing struggling IFFCO
THIS MORNING: ADQ could be vying for Sicily’s Catania Airport + Etihad Airways plans USD 15 bn investment over seven years; but no firm IPO timeline
Plus: Space42 ships first domestically assembled SAR satellites to US
THIS MORNING: Gems Education eyes Saudi school operator + Air taxis to hit Ras al Khaimah’s skies in 2027
Plus: Abu Dhabi earmarks AED 42 bn for livability strategy
THIS MORNING: Newly launched PE firm BlueFive Capital to set up China-focused PE fund with CICC
Plus: Long weekend for Prophet Muhammad’s birthday confirmed
THIS MORNING: G42 in line for compute from Northern Data? + Dubai Land Department eyes wider rollout of tokenization program this fall
Plus: New working group to bring investment to Ajman
THIS MORNING: More AE Coin payments as crypto goes mainstream + Abu Dhabi Airports sees 13% y-o-y increase in passengers in 1H
Plus: Ajman NuVentures Center Freezone rolls out new pay-as-you-go business package
THIS MORNING: xAI in talks with G42 to lease data centers? + Nividia chip access stalled further…
Plus: Arada set to tap Islamic debt markets next week
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