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THIS MORNING: UAE plans to invest USD 1 bn in African AI projects + IHC eyes Lukoil’s assets
Plus: An end to the RedBird IMI Telegraph saga?
NMDC Energy, Easy Lease look east with new offices, partnerships
Plus: Invictus Investment secures new financing from MCB
Investcorp makes a US acquisition
PLUS: RTA + Joby host first crew-manned aerial taxi flight
Adnoc clinches long-awaited EU approval for Covestro takeover
This would be the largest Gulf-led buyout of a European-listed company
IHC shareholders approve Multiply-Ghitha-2PointZero merger, appoint leadership for post-merger AED 120 bn firm
The post-merger entity — which will be known as 2PointZero Group — will be led by current Multiply CEO Samia…
Adia buys into India-based RBL Bank, ahead of Emirates NBD’s open offer for the Indian bank’s public share + sells stake in Singapore’s PLQ Mall
Adia bought the undisclosed stake at INR 320.7 per share
Eshraq and Agthia both take cases to court
Plus: Maxus Coral acquires electronics retail chain E-city
Adnoc Drilling is set to acquire 80% of Oman’s MB Petroleum Services
The drilling giant will also have the option to buy up the remaining 20% following an undisclosed lockup period
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