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Elevate, Ennismore plan USD 500 mn residential project on Al Marjan Island
Plus: DoH + GemmaBio to set up gene therapy ops in Abu Dhabi
THIS MORNING: Brookfield eyes Palm hotel + No golden visas for crypto investors
Plus: Dragon Oil competes for Egypt’s North July concession
Mashreq ranked the top-performing in the UAE by The Banker + G42 makes it to TIME’s 200 most influential companies list
Dubai Islamic Bank came in second
THIS MORNING: EU antitrust regulators resume the review of Adnoc’s Covestro bid + ADIA eyes a minority stake in utilities firm Aggreko
Plus: Thales is in talks to open an artificial intelligence research center in Abu Dhabi
Flydubai breaks ground on USD 190 mn MRO hub in Dubai South
Plus: Abu Dhabi’s Knowledge Group acquires corporate training firm Biz Group
Dubai launches first-time home buyer scheme with priority access and mortgage perks
The program aims to raise the monthly average of 10k new investors
First private developer Select enters Palm Jebel Ali + GEMS launches school-in-a-box venture
Also: Indian mining firm NMDC is setting up shop in Dubai to monitor potential acquisitions
Aldar Properties acquires AED 530 mn in leasable warehouse space at Abu Dhabi’s Almarkaz Industrial Park
The firm is acquiring the 182.5k sqm plot of net leasable land from Waha Capital.
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