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THIS MORNING: Mubadala eyes stake in Italian telecom giant + Softbank’s Masayoshi Son sounds out GCC investors for AI fund
Plus: Airtel Money shares slip on IPO debut
DTC and Bolt add vehicles to platform, DP World taps Egypt’s Edecs for Tanzania’s busiest port, Parkin heads to Egypt, ADIB backs Glasgow logistics asset
Dubai Taxi adds 1.6k Arabia Taxi vehicles to Bolt platform Dubai Taxi Company (DTC) and Bolt are expanding the supply…
Dubai plans train line from DXB to DWC
The 55km line will service five stations
Mobility tech Naran raises USD 10 mn
UAE-based investment firm Landel provided funding through a mix of debt and equity
UAE firm inks another defense manufacturing agreement, Abu Dhabi’s robobuses move closer
Generation 5 Holding is partnering with South Korean defense manufacturer Hanwa Aerospace to make and market artillery weapons in the…
Swvl doubles its GCC revenue and closes in on operating breakeven in 1Q 2026
The firm is still focused on sustainable growth, with net USD retention and recurring revenue improving
BlueFive Capital secures minority 49% stake in LeasePlan Emirates
BlueFive plans to work alongside Solutions+ to grow the business
BlueFive acquires stakes across GCC ins. and mobility as it looks to consolidate fragmented sectors
BlueFive locked in a 42% stake in Saudi insurer GGI while separately acquiring a 49% stake in fleet-management firm Massar…
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