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Logistics (MENA) 
UAE-Iraq consortium plans USD 700 mn subsea-to-land data cable to Turkey
A subsea cable will run from Fujairah to Turkey via Iraq’s Faw peninsula
Crypto adoption is picking up across the region, but who is leading the charge?
Turkey, the UAE, Egypt, Jordan, and Saudi Arabia are leading the regional crypto adoption index
What’s in store for Turkey’s economy and investment flows as political unrest takes a toll?
The central bank scrambled to contain the fallout, selling nearly USD 10 bn in foreign currency reserves
UAE’s mega investment plan in Turkey loses momentum
Ankara’s improved economic conditions are slowing negotiations
DIB ups stake in Turkey’s TOM Group to 25%
The group includes Turkey’s first digital bank TOM Katılım Bankası (TOM Bank) and its subsidiaries
UAE mediates tenth Russia-Ukraine prisoner swap
Plus: UAE and Italian Guardia di Finanza forge partnership to combat financial crime
ADQ poised to acquire 96% stake in Turkey’s Odeabank
ADQ is acquiring the company from a consortium led by Lebanon’s Bank Audi
Startups are increasingly going bust as funding dries up
The number of startups closing their doors rose 58% y-o-y during 1Q 2024
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