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THIS MORNING: Adnoc’s XRG plans “significant” investment in natural gas assets in the US + eight IPOs this year?
Plus: Dubai is getting a sports and entertainment freezone cluster
Dubai is top greenfield FDI destination for fourth consecutive year
This year is expected to see moderate growth for new projects
Falcon Aviation to invest USD 100 mn into its MRO facilities at Dubai’s Al Maktoum International Airport
The investment will also be used to develop a new private jet terminal at the airport by 2030
Al Futtaim invests in automaker BYD
The partnership will focus on expanding their presence within the sustainable transportation and advanced technologies sectors
Gems Education to spend USD 300 mn on growth over next few years
The growth plans are fueled by the increase in Dubai’s population and the inflow of wealthy individuals
UAE expands Pakistan investments with new agreements in mining, banking, infrastructure
The agreements were signed during the Abu Dhabi Crown Prince’s official visit to Islamabad last week
Disrupt.com commits USD 100 mn to AI-first tech ventures
The investment targets startups in AI, cybersecurity, Web 3.0, automotive technology, and retail innovation
UAE, Italy strengthen investment ties with three new MoUs
ALSO- Italy’s Sace inked agreements with Amea Power and Metito Utilities to support infrastructure projects in Africa
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