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Adia backs insurtech Sapiens, Positron AI comes to DIFC, DP World invests more in Dominican Republic freezone, Adnoc secures gas supply from Azerbaijan
Adia took a minority stake in Sapiens, which remains owned by Advent
THIS MORNING: Petrofac sells UAE unit to US, UK players + Alec clinches construction contract for The Sphere
Plus: Both IHC and Alabbar are eyeing struggling IFFCO
THIS MORNING: Dubai Investments Park is still pushing ahead with IPO plans + Bildco looks to Oman for logistics project
Plus: The US’ Cantor secures ADGM approval for regulated financial activities
First, it was crude — now we might also get an export hub for petrochemicals on the east coast
Borouge is now looking into building new export infrastructure and assessing new routes and shipping lines via Fujairah
Construction is weathering a tougher pricing environment in 2026, with prices rising up to 71% compared to last year
Construction demand is high amid an ongoing real estate and infrastructure boom, while shipping disruptions are restricting supply
THIS MORNING: Drone strike targets Barakah nuclear plant + IHC subsidiary eyes a USD 1.3 bn investment in Adani Airport Holdings
Plus: Emirates NBD’s majority stake takeover of RBL is nearly across the finish line
BlackRock’s GIP, Temasek line up USD 30 bn for infrastructure investments alongside Adnoc and L’Imad
The pledge follows a wave of major foreign investments in the UAE, specifically in recent weeks, including from Brookfield, Lockheed…
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…
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