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THIS MORNING: XRG eyes investment in Argentinian LNG project + Masdar breaks ground on 24-hour solar and battery energy facility
Plus: UAE earmarks USD 6 bn worth of investments for Africa’s tourism sector
Emirates’ first carbon capture plant kicks off operations
Plus: Aldar Estates launches AI-enabled automated parking with Parkonic
Mubadala Capital acquires 60.3% of Invepar’s Lamsa
PLUS: The fund also finalized acquiring a 30% stake in Loscam
President appoints Energy and Infrastructure Ministry undersecretary
He was previously the director-general of the Sheikh Zayed Housing Program
UAE 3Q project awards down 65.8%
The drop was led by weaker construction, transport, and power activity
Lunate + Blackstone set up GCC-focused USD 5 bn logistics platform
The new platform, glide, will invest in Grade A logistics assets across the GCC
Dubai, CBUAE eye capital markets boost
Plus: Ducab acquires Oman’s National Cables Factory
Etihad Rail taps France’s Keolis for rail network operations + Fujairah, Abu Dhabi ports to be linked
The company signed a joint venture with France’s Keolis to operate passenger services
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