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DFM, Taiwan Stock Exchange eye stock market cooperation
PLUS: Homegrown cybersecurity firm CPX goes for another acquisition
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
Abu Dhabi Cruise Terminal in Zayed Port will see the UAE’s first hybrid heliport
Plus: Dubai rolls out a new public health law
Shelf Drilling taps Arabian Drilling rigs in new global offshore expansion pact
The partnership is aimed at expanding their offshore drilling operations worldwide
Logic Holding acquires majority stake in Nexel to expand GCC presence
The exact size of Logic’s ownership in Nexel was not disclosed
AD Ports names MAG Group as lead developer for Marsa Zayed
The first phase will consist of 1.2 km of Red Sea beachfront
Businesses report improved business performance citing AI adoption
28% of generative AI budgets go toward public cloud infrastructure in the UAE
Tadweer + Emsteel to explore alternative fuel use
PLUS- Ultratech bought AED 57.7 mn additional stake in RAK White Cement
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