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Mashreq taps new India country head + FAB taps chairman for Sharia committee. Plus: Five Holdings appoints new CDO, CFO
He boasts 27 years of experience with Citibank
AD Ports taps Mohamed Alsuwaidi as new chairman + United Hospitality Management has a new VP of operations
Alsuwaidi is the UAE’s Investment Minister and CEO of ADQ
Hong Kong’s New World Development + Adia refinance USD 1.2 bn loan
The loan was originally taken in 2015 to finance the acquisition of three Hong-Kong based hotels
Qstay closes USD 4.6 mn pre-series A round
The funding was raised through a combination of conventional and convertible debt
Alpha Dhabi bags shareholder approval to shed assets
Alpha Dhabi secured shareholder votes on several acquisitions
Network International becomes first to roll out Jaywan cards for merchants
Plus: Aman Group, Etihad Airways, Emirates, Etihad Rail, and others
MBZUAI launches new LLM model + Yahsat in Zimbabwe
PLUS: First Egyptian manufacturer to set up meds factory in Dubai Industrial City
Five Holdings taps banks for 2025 IPO
The company selected Citi and Deutsche Bank to advise on the planned IPO
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