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Infrastructure 
GFH makes USD 130 mn US exit, MGX + BlackRock finalize USD 40 bn takeover, Empower expands Dubai network, another Jaywan development
GFH is looking to expand its assets under management to USD 7.5 bn by year-end
Fujairah is getting a new DP World port as the UAE’s Hormuz hedge takes shape
A new multipurpose port along Fujairah’s coastline and a separate container terminal at the emirate’s existing harbor could be in…
THIS MORNING: A better-than-expected BoP last year + L’imad regroups for deployment
Plus: More bidders are eyeing Mubadala’s Brazil port and Dubai’s GDP was up 2.4% in 1Q
AD Ports sweetens bid for Egypt’s Alexandria Containers
AD Ports is sweetening its takeover bid for Egypt’s biggest container terminal operators, Alexandria Container and Cargo Handling Company, the…
Another capital markets link-up, more multi-bn AED real estate projects in the pipeline, AD Ports starts Safaga trial run, Algebra AI raises USD 7 mn
Official recognition from Switzerland’s financial regulator could open the door to more Swiss participation on the DFM
AD Ports plants flag in Brazil with USD 835 mn acquisition
The acquisition of CLI gives it ownership of strategic port infrastructure in Brazil for the first time
More attacks at Hormuz
Operations at DXB were halted temporarily yesterday morning
AD Ports goes long in Jordan, more funding and support for Shorooq and proptech startups, and Maerki Baumann lands in ADGM
Shorooq Partners secured more Qatari backing, while Dubai’s Vara greenlit SmartCrowd’s tokenization platform
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