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Ripple joins DLD’s real estate tokenization project
Plus: Sharjah to create system to regulate the licensing of healthcare facilities and professionals
IHC eyes SME space with acquisition of eFunder + Medad acquires USD 100 mn stake in NWTN
Zelo has deployed more than USD 200 mn in funding since its 2020 launch
Masdar offloads stake in Sharjah waste-to-energy plant as it shifts focus to renewables portfolio
The 30 MW plant currently processes some 300k tons of waste annually
THIS MORNING: To fire or not to fire Jay Powell? + Local airlines act fast to fill gap left by Wizz Air
Plus: Adnoc to transfer OMV stake to new investment arm
PE firm BlueFive takes over Abu Dhabi’s Wusoom Holding
The transaction comes days after it closed the its USD 2 bn debut equity fund
Mubadala backs German energy firm Techem in Partners Group-led investment
The new agreement values the company at EUR 6.7 bn and is set to close in 2H 2025
THIS MORNING: GulfNav wraps bond sale to fund Brooge M&A play + SCA issues “goodwill” framework for public firms
Plus: Dubai’s Vara eyes gold and DeFi pilots
Presight launches Kazakhstan’s national supercomputer
Plus: Dubai's RTA begins AED 633 mn upgrade of Al Mustaqbal Street
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