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Akdital Holding to invest USD 1.6 bn to expand into the UAE and Saudi Arabia
The firm plans to open eight new hospitals in the two countries by 2030
Almasar Education wraps up Tadawul IPO, with retail portion 1.2x oversubscribed
The retail portion was 1.21x oversubscribed
NMDC Energy, Easy Lease look east with new offices, partnerships
Plus: Invictus Investment secures new financing from MCB
ADQ secures indirect majority control of Egypt’s Alexandria Container & Cargo Handling Co
The group funded the acquisition through a mix of banknotes and debt
Investcorp makes a US acquisition
PLUS: RTA + Joby host first crew-manned aerial taxi flight
Edge Group to invest USD 200 mn in JV with US defense tech firm Anduril to co-develop drones in the UAE
Plus: Didi + Cyclotech to join Abu Dhabi’s SAVI cluster
Aldar buys AED 570 mn logistics assets from AD Ports
Plus: DataCamp expands into the Middle East with the acquisition of AI learning platform Optima
THIS MORNING: Potential MAF stake sale on the cards? + DP World kicks off Syrian port operations as Dana Gas eyes gas field expansion in Syria
Plus: IEA now sees global oil and gas demand potentially rising until 2050
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