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Mubadala Investment trims GlobalFoundries stake by 4.1% in 3Q 2024
ALSO- Irish-US VC firm Continuous Ventures agreed to support the NextGen FDI initiative
Egypt, UAE ink agreements for solar plants, solar parts factories, and renewables-focused industrial zone
The agreements included the establishment of an Egyptian-Emirati industrial zone in East Port Said
Rothschild opens Dubai wealth management office
The office will focus on serving ultra-high-net-worth families
Taqa, Jera, and Al Bawani consortium secure 25-year contracts for 3.6 GW power plants
Plus: Adnoc offshore awards USD 500 mn contract to Abu Dhabi EPC project
PayBy becomes first fintech firm to offer services to commercial gaming operators in the UAE
The UAE has been ramping up its push into the gaming sector
Gov’t rolls out rules for linking solar panels to the grid
Residential, agricultural, and industrial users can apply to install solar panels
Adnoc Gas secures 10-year LNG agreement with India’s Gail
The LNG will be sourced from the Das Island facility
THIS MORNING: VC and PE funding to triple by year’s end? + Adnoc L&S to invest USD 5 bn over five years
Plus: Sharjah’s biggest solar plant to go live before next summer
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