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e& exits Vodafone in USD 5.95 bn stake sale
E& is selling its full 16% Vodafone holding to a Niel family-owned vehicle as it reshuffles its global portfolio
Du secures AED 2 bn war chest
The facility remains undrawn and features improved terms (read: lower standby costs)
Nubank in ADGM, commercial upper 6GHz launches in the UAE, and Dragon Oil makes another discovery in Egypt
Despite escalating regional tensions, the expansion of the NYSE-listed neobank is the latest in a number of international firms setting…
THIS MORNING: Washington and Tehran agree to a two-week ceasefire
Plus: UAE airlines see slight dip in activity
Iran targets state-owned telecom infrastructure for the first time, hitting a Du building in Fujairah
But the bigger escalation could still come this week…
Adnoc inks key agreement for Borouge complex, Mubadala makes returns on sale, and Starlink lands in the UAE
Adnoc’s agreement allows the company to secure annual earnings as they await the full completion of the acquisition of Borouge’s…
Iran war delays Meta’s subsea cable plans in the Gulf
Even when the shooting stops, the rollout won’t resume immediately
2Africa is here, as is crypto-denominated ins. + InvestSky expands to Saudi, and Khazna expands into ops
Plus: Smart commerce platform ThrowMeNot raised USD 550k in a pre-seed round
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