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Budget Saudi subsidiary snags stake in Overseas Development UAE unit
Adani formed the JV with Esyasoft in December last year
The UAE’s exports hit USD 488 bn in 2023 –WTO
The UAE ranked 14th in the world for global merchandise exports
EasyLease acquires majority stake in United Trans
The acquisition sees EasyLease establishing a footprint in the regional smart mobility and railway sectors
Adnoc begins crude oil production from Belbazem offshore block
PLUS: DP World to boost container handling capacity globally
DP World to build new grain and fertilizer terminal at Brazil’s Santos Port + boost global handling capacity by year’s end
The new terminal is set to handle 12.5 mn tons per year
The first UAE bond ETF goes live today + RedBird IMI has another week to save its Telegraph acquisition
Good morning, lovely people. We have a packed issue for you this morning, with plenty of news from Mubadala —…
AD Port acquires majority stake in Georgia’s Tbilisi Dry Port
The project is slated for completion by 4Q 2024
Dubai-based sustainable sailing club secures USD 1 mn in pre-seed funding
PLUS: Positive Zero and Schneider Electric to ramp up adoption of clean energy technologies in UAE and Oman
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