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UAE-backed Alterra pours USD 100 mn in Indian renewable energy firm Evren
This marks Alterra's first investment in the Global South
MGX to invest USD 8-10 bn in AI per year with a US focus
MGX will invest between USD 1 bn and USD 2 bn per transaction, with a focus on the US, says…
THIS MORNING: Khazna Data Centers eyes KSA expansion + Shurooq expands tourism, hospitality portfolio with two new projects
Plus: RTA rolls out new Dubai-Sharjah bus service
TC Mena Holdings acquires majority stake in Gulf Cement
The company had been gunning for up to 100% of the company
THIS MORNING: Mubadala is re-assessing its investment strategy amid trade tensions, CEO says + Tourism is off to a strong start this year
Plus: UAE, Sri Lanka, and India will discuss Sri Lanka’s energy hub in May
Egyptian b’naire Naguib Sawiris’ Ora Developers launches USD 10 bn project in the UAE, eyes IPO in 3-4 years
The developer just opened its UAE headquarters in Dubai, with plans to triple its workforce by the end of the…
Mubadala doubles down on private credit with USD 1 bn Fortress tie-up
The two will co-invest in credit and special situations, with funds deployed across Fortress’ platform
Eagle Hills gets a shot in the arm with ratification of the UAE’s planned investments in Montenegro following controversy
The agreement includes two major tourism developments
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