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Logistics (MENA) 
NymCard joins CBUAE’s Open Finance framework
Plus: Adio, Japan deepen ties with Mizuho, Itochu partnerships
Logic Holding acquires majority stake in Nexel to expand GCC presence
The exact size of Logic’s ownership in Nexel was not disclosed
ASK Private opens up office in Dubai
ALSO- Catalyst makes three direct investments in global startups
Klickl International raises USD 25 mn in its Series A round
The funding will support Klickl’s expansion into global investments
Wood Group rejects Sidara’s GBP 1.4 bn takeover bid
Sidara’s deadline to submit another bid is 5 June
Phoenix Group gets green light to acquire 12.5% of Rekt Studios
ADX-listed crypto firm Phoenix Group’s board approved yesterday the acquisition of a 12.5% minority stake in Dubai-based web3 gaming firm…
Gaming company Exverse raises USD 3 mn
The funds will go towards its alpha launch and boosting marketing efforts in the Asia-Pacific
Andalusia Labs racks up USD 48 in series A funding
The Abu Dhabi-based startup is now valued at USD 1 bn