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CE-Invests to invest AED 1 bn across the GCC, India, and Southeast Asia
The firm will focus its investments on consumer, healthcare, manufacturing, and financial services sectors
ADIB is first bank tapped for MoF’s retail sukuk program
Plus: Al Ghurair Foods launches B2B food ingredients arm
UAE, US boost AI ties in the energy space
Plus: Emaar eyes new mixed-development project in Egypt
Amanat’s education unit could raise c.USD 160 mn in Saudi IPO
At the top of the range, the sale could raise up to SAR 599 mn, valuing the company at SAR…
Emirates NBD extends EGP 20 bn in credit facilities to Egypt’s Elsewedy + FAB fined by Central Bank of Egypt?
Plus: Al Batha Healthcare expands into diagnostics with acquisition of Milab
THIS MORNING: Abu Dhabi to invest up to USD 2 bn in India’s logistics sector + CBUAE cuts interest rates by 25 bps
Plus: Dubai’s hotel market occupancy is projected to reach 81% in 2025
Masdar, EtihadWE to develop solar + wind projects in Saudi Arabia
The projects’ total capacity is 3.5 GW
THIS MORNING: XRG eyes investment in Argentinian LNG project + Masdar breaks ground on 24-hour solar and battery energy facility
Plus: UAE earmarks USD 6 bn worth of investments for Africa’s tourism sector
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