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THIS MORNING: Adnoc eyes Venezuelan oil + National Bank of Canada sets up shop in Dubai
Plus: Mubadala takes a stake in new carved-out Reliance consumer arm
New CFO at Al Ansari
Al Ansari taps Suhail Hoosain after Faisal Anwar steps down
Indian underwater inspection startup bags USD 12 mn round to scale in the Middle East
The startup focuses on ports and terminals, refineries, petrochemical complexes, desalination plants, and power infrastructure
THIS MORNING: Pax Silica Summit kicks off in the US with the UAE present + The Gulf is more involved in Paramount’s Warner Bros bid than meets the eye
Plus: Excise tax on sweetened beverages clarified
Investcorp acquires US industrial property portfolio + NRTC takes over Ripe Organic
Plus: BPGIC taps PEG for Fujairah’s gasoline refinery
Mashreq rolls out Mashreq Neo Pakistan
Plus: Dar invests in Austrian proptech + Adia, IDC back VC fund by Fireside Ventures
Several Indian + UAE firms announce cross-border investments
The India Global Forum is launching a USD 250 mn fund and accelerator for Indian firms looking to expand in…
GCC Interconnection Authority awards contracts for UAE-Oman electricity link expansion
Plus: Wio rolls out UAE’s first family banking model
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