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First private developer Select enters Palm Jebel Ali + GEMS launches school-in-a-box venture
Also: Indian mining firm NMDC is setting up shop in Dubai to monitor potential acquisitions
ADIA closes reported USD 1 bn Qlik acquisition
Plus: More firms join DIFC, ADGM
Adnoc Gas, du turn in strong 1Q earnings reports, while Alpha Dhabi sees bottom line dip
Adnoc Gas posted a 7% y-o-y increase in net income, while Alpha Dhabi reported a decline
Almaden to invest USD 240 mn to develop a solar glass plant in Kizad
Rakez partners with Singaporean firm to build tech-focused industrial park
S1 project to become solely a flexible natural gas-based power plant
Plus: Mashreq leads Azerbaijan bank’s debut MENA syndicated financing
Du to build AED 2 bn hyperscale data center, with Microsoft as its main tenant
The state-owned telecoms firm currently operates five data centers across the UAE
Mubadala weighs a follow-on equity offering of its holding in telecom giant du on the DFM
The bank tapped banks to advise on the transaction
e& taps Samsung for AI, digital transformation cooperation
Plus: DLD partners with Reach on support of proptech startups
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