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THIS MORNING: Adnoc eyes Shell LNG project in Australia + More headway on Dubai’s sewage project
Plus: Netflix drops bid for Warner Bros Discovery
Global AI demand drives utilities gains
As US utilities rally on AI-driven electricity demand, UAE power companies prioritize long-term expansion and infrastructure
THIS MORNING: UAE pledges USD 1.2 bn to Gaza + XRG, BP’s Arcius eyes USD 150 mn investment in Egypt exploratory well
Plus: UAE delegation wraps up India AI Impact Summit visit
Organic growth powers Presight, but M&A is now in focus
Presight upgraded its outlook to 20-25% annual revenue growth and 21-26% earnings growth, with Roger Tejwani telling EnterpriseAM UAE that…
XRG inks JDA for Argentina’s LNG
The partners will kick off front-end engineering design and related work
Masdar to develop wind power plant in Jordan, Smart Bricks raises USD 5 mn
Plus: Smart Bricks secures USD 5 mn in a pre-seed round
UAE and Germany hard-wire energy cooperation — from LNG to batteries
Adnoc advanced LNG cooperation, while Masdar moved into battery storage
THIS MORNING: Pax Silica in action + Another Indian acquisition from Emirates NBD?
Plus: Seagliders are coming to Abu Dhabi
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