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THIS MORNING: Korea Inc. could get an Abu Dhabi base + Ajman Bank joins the AT1 party
ADCB updated customers that its main systems are back up and running after days of outages
Paraguayan poultry heading to the UAE
The development comes as the UAE looks to shore up its food supply chain
THIS MORNING: More names are expanding in ADGM + is Mubadala eyeing a play for a European fast-food giant?
Plus: Dubai’s giant circular farm is nearing its first harvest
MGX makes another AI wager, another int’l player lands in DIFC, a cold chain hub for Abu Dhabi, Gallega adds capacity to Jafza, another real estate project with Bildco in tow, Adia subsidiary heads for another Medline share sale
MGX joined a USD 2.1 bn funding round for UK-based Isomorphic Labs
UAE + Saudi team up on food security, another Indian infrastructure player comes to the UAE, Omla launches in Umm Al Quwain, Partners Capital opens in Abu Dhabi
The tie-up links one of the GCC’s largest fresh produce distribution networks with one of Saudi Arabia’s biggest hydroponic greenhouse…
An AED 1 bn export financing framework, more food supply localization, and UAE energy back on the int’l radar
EBD, ADEX launch AED 1 bn export financing framework The UAE is backing its export ambitions with real funds. Emirates…
Edge, Spain partner on weapons localization, Dubai Industrial City to get new concrete facility, Barakat begins new Kezad build, Payrails sets up in DIFC
Edge, Spain look to localize weapons production with USD 1.5 bn pipeline The UAE is doubling down on localizing advanced…
2Africa is here, as is crypto-denominated ins. + InvestSky expands to Saudi, and Khazna expands into ops
Plus: Smart commerce platform ThrowMeNot raised USD 550k in a pre-seed round
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