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Mashreq is now the first UAE bank to offer instant payments for SMEs
Plus: Pony.ai to launch robotaxi trials in Dubai this year
THIS MORNING: Taqa eyes acquisitions in the US + Bin Butti joins race for Italian refiner IP
Plus: Has the CBUAE scrapped banks’ minimum balance hike?
Sharjah launches digital platform for M&As
Plus: Adnoc LTS receives another LNG carrier
Ghitha unit Invictus acquires majority stake in Angolan fertilizer business Angata
Dagro has controlling stakes in an agricultural chemicals and fertilizer business operating in Angola
Aliph Capital closes its debut fund at USD 200 mn, plans two acquisitions this year
The growth fund is backed by ADQ, the PIF, and Saudi-based SVC
Abu Dhabi’s RedBird IMI to sell the UK’s Telegraph to American PE Redbird Capital
The agreement would see RedBird Capital take majority control of the UK publication in a GBP 500 mn buyout
THIS MORNING: Unincorporated partnerships can now be subject to corporate tax + Banks start adopting new AED symbol
Plus: IRH taps EPointZero for decarbonization
AD Ports explores green energy storage JV with Rotterdam’s Advario
ALSO- Innovest Holding and the US-based clean fuel firm Oxon Technologies are partnering on a USD 400 mn clean fuel…
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