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G42 to sell 2% of Presight AI in secondary sale
G42 will retain around a 68.5% stake after the sale
Linde expands further in the region after upping stake in Airtec
Plus: Hub71's latest cohort includes 26 new startups
BlueFive takes over Neo Capital to launch private wealth arm
The move brings in USD 650 mn in AUM under Mumtalakat-backed BlueFive’s umbrella
Sidara to acquire UK’s Wood Group for GBP 216 mn
The transaction includes a USD 450 mn capital injection from Sidara to shore up Wood’s liquidity
Masdar to exit rooftop solar JV Emerge?
Masdar’s advisors are already speaking with prospective suitors, according to the CEO
Taqa acquires 100% of Spanish water treatment company GS Inima
The USD 1.2 bn transaction is expected to close in 2026
DP World, Japan’s Itochu to expand logistics capabilities in Africa
Plus: ADNH Catering seals acquisition of stake in Saudi JV Compass Arabia
THIS MORNING: UAE and Philippines’ trade agreement to be inked within weeks + Warburg Pincus secures Dubai license
Plus: McLaren to auction off three racecars for the first time in Abu Dhabi later this year
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