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DP World to develop new economic zone at Omani border
The 14 sq km zone, expandable to 25 sq km, will be developed by UAE-Omani JV Mahadha, led by DP…
THIS MORNING: Emirates NBD to set up unit in India + Ex-Magellan trader files complaints over alleged regulatory breaches
Plus: Parkin rolls out monthly subscription packages
Etihad’s acquisition of Boeing aircraft + the UAE’s investments in Africa get ink
While Washington pegged the agreement at USD 14.5 bn, others have it coming in at USD 5.4 bn
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
UAE eyes investments in Syria, starting with DP World, following lifting of sanctions
This marks the biggest investment agreement yet for the new Syrian government
DP World to overhaul Dominican Republic port + freetrade zone for USD 760 mn
The funds will raise cargo volume by 600k TEUs and add 225 hectares for the freezone
New cross-border securities link for Nasdaq Dubai and Astana International Exchange
Plus: Brown Advisory opens ADGM office
Jafza to put AED 8.5 bn towards upgrades and expansions
The investment is earmarked for the development of new logistics facilities, infrastructure, and specialized markets in the zone
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