SUSTAINABILITY-<\/p>\n
#1- Masdar, Adnoc link up with French firms for renewables initiatives:<\/strong> Emirati and French firms inked green partnership agreements at the UAE-France High-Level Business Council in Paris, according to a press release<\/a>. The breakdown:<\/p>\n Background:<\/strong> In February 2024, the UAE and France signed an MoU<\/a> to launch the UAE-French Bilateral Platform for Climate Investment to boost joint projects and investments in clean energy, especially in decarbonising hard-to-abate industries. The platform includes Masdar, Adnoc, TotalEnergies, Bpifrance, and CMA CGM. Masdar had also signed an agreement with Total to develop renewable energy projects in developing markets in Africa and Central Asia, and an agreement with CMA CGM to provide long-term supply of green alternative fuels<\/a> with a focus on e-methanol the month prior.<\/p>\n INVESTMENT- <\/p>\n #1- <\/strong>Partizia<\/strong> expands to Middle East with Abu Dhabi office: <\/strong>Real asset investment management company Patrizia<\/a> is setting up shop in the region with an Abu Dhabi office, after securing approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, according to a press release<\/a>. This approval allows the firm to offer investment advice in real estate and infrastructure in the UAE and marks its 26th global location. JC Klein (LinkedIn<\/a>), head of global client solutions for MENA & Australia and New Zealand was appointed to lead the office. <\/p>\n #2- ASB Capital Launches in Dubai with USD 4.5 bn:<\/strong> Al-Salam Bank-backed asset manager ASB Capital has launched operations at the Dubai International Financial Center, with USD 4.5 bn in assets under management, according to a press release (pdf)<\/a>. <\/p>\n The details:<\/strong> The firm aims to bridge regional and global investment opportunities, offering wealth and asset management services across public and private markets, as well as investment banking. It targets high-net-worth individuals, family offices, and institutional investors seeking exposure to high-growth GCC sectors and international markets.<\/p>\n HEALTHCARE- <\/p>\n #1- <\/strong>EHS <\/strong>partners<\/strong> with Dell: <\/strong>Emirates Health Services<\/a> (EHS) inked an MoU with Dell Technologies to enhance the UAE\u2019s healthcare infrastructure using advanced AI and cybersecurity technologies, according to a press release<\/a>. The partnership aims to improve service quality, efficiency, and accessibility across EHS facilities. Key aspects of the agreement include targeted workshops, specialized training, and consulting services to support AI-driven healthcare innovations and strengthen digital security in the sector.<\/p>\n #2- <\/strong>PureHealth <\/strong>rebrands<\/strong> AHS to SEHA CLINICS: <\/strong>ADX-listed healthcare player PureHealth rebranded its subsidiary Ambulatory Healthcare Services<\/a> (AHS) to Seha Clinics, fully integrating it into the Seha network, according to an Abu Dhabi Media Office statement<\/a>. Seha Clinics plans to open 10 more clinics by 2025 across Abu Dhabi. <\/p>\n CAPITAL MARKETS-<\/p>\n Kazakhstan <\/strong>Stock<\/strong> Exchange joins ADX\u2019s Tabadul: <\/strong>The Kazakhstan Stock Exchange (Kase) has joined the Abu Dhabi Securities Exchange\u2019s (ADX) Tabadul<\/a>, making it the sixth stock market to join the platform, according to a press release<\/a>.The move allows investors in Kazakhstan to trade securities listed in Tabadul, including those on ADX, Bahrain Bourse, and the Muscat Stock Exchange. Tabadul now has eight exchanges and provides access to around 490 listed companies across multiple sectors.<\/p>\n We knew this was coming: <\/strong>ADX agreed to add the Kazakhstan Stock Exchange and the Kase Clearing Centre to ADX\u2019s Tabadul last August<\/a>.<\/p>\n BUSINESS-<\/p>\n National <\/strong>Foods shuts down Sharjah subsidiary: <\/strong>National Foods DMCC, a Dubai-based subsidiary of Pakistan\u2019s National Foods Limited (NATF), has completed the liquidation and closure of its Sharjah-registered subsidiary National Foods (FZE), according to a disclosure (pdf)<\/a> filed with Pakistan\u2019s Stock Exchange. The company said the move was part of its restructuring strategy, Business Recorder<\/a> reports. <\/p>\n ICYM:<\/strong> In January 2024, NATF established its first overseas manufacturing facility<\/a> in Sharjah, securing a UAE manufacturing license through its Dubai-based subsidiary, National Foods DMCC, which had established FZE.<\/p>\n M&A-<\/p>\n India-based asset manager <\/strong>InCred Group<\/a><\/strong> snapped up Dubai boutique financial services <\/strong>firm <\/strong>Arrow Capital<\/a><\/strong> for an undisclosed sum<\/strong>, bringing its total assets under management to USD 2 bn, according to a press release<\/a>. The acquisition, which integrates Arrow Capital into InCred\u2019s global operations, is set to boost InCred\u2019s presence in the MENA region, extending its reach across wealth management, investment banking, and asset management. InCred has offices in Dubai, Singapore and London, despite having only been operational for three years. <\/p>\n What they said: <\/strong>\u201cThe Middle East represents one of the fastest-growing wealth markets globally. I am excited to have Rohit lead and grow our existing efforts in the region, with a focus on expanding into new markets, attracting talent, and further broadening and deepening our platform, driving us towards our goal of being the most respected financial services firm in the region,\u201d InCred CEO Srikantan Selvamani said. <\/p>\n FINTECH-<\/p>\n Checkout.com is rolling out Visa Direct Push-to-Card solutions in the UAE<\/strong>, allowing for faster cross-border and domestic transactions, according to a press release<\/a>. This new option is designed to simplify remittances, peer-to-peer (P2P) payments, and merchant payouts. The UAE, known for its advanced digital payments ecosystem, is seen as a key market for the offering, with Account Funding Transactions helping reduce fraud risks and lower transaction costs.<\/p>\n CRYPTO- <\/p>\n Austria\u2019s Bitpanda launches Mena hub in Dubai: <\/strong>European crypto and digital asset platform Bitpanda<\/a> has launched its Mena regional office in Dubai, marking its first expansion outside Europe, according to a press release<\/a>.<\/p>\n The firm\u2019s regional headquarters will be based at the DMCC Crypto Centre<\/strong>, where it aims to build partnerships and integrate its trading infrastructure with local financial institutions. The fintech firm is in the final stages of securing a local financial services provider license, with plans to offer trading infrastructure for banks, fintech firms, and brokerage platforms.<\/p>\n About Bitpanda:<\/strong> Founded in Vienna in 2014, Bitpanda serves 4.5 mn users and offers over 2.8k digital assets, including crypto, stocks, ETFs, and commodities. It already partners with leading European banks and aims to replicate this model in the UAE once it completes regulatory approvals.<\/p>\n TELECOMS-<\/p>\n #1- <\/strong>e&<\/strong> enterprise<\/strong> partners with PayPal: <\/strong>e& enterprise<\/a> has inked a three-year agreement with PayPal to integrate its digital payment platform into e& enterprise payments gateway, according to a press releas<\/a>e<\/a>. By enabling PayPal integration through e& enterprise\u2019s unified API, the partnership simplifies the adoption process for businesses, which improves their transaction success rates and expands their international reach, the statement says.<\/p>\n #2- <\/strong>du <\/strong>partnership<\/strong> to bring submarine cable system to UAE:<\/strong> State-owned telecom operator du<\/a> is partnering with submarine cable network infrastructure provider Peace Cable International Network<\/a> to extend Peace\u2019s open-access submarine cable system to the UAE, according to a press release<\/a>. The Peace Gulf Extension will improve the connection speed for du\u2019s wholesale and enterprise customers and will integrate them into Peace\u2019s 22k km network across Europe, Asia, and Africa. The project is slated to be operational by 2H 2025.<\/p>\n","protected":false},"excerpt":{"rendered":" Plus: Patrizia and ASB Capital set up shop in the UAE<\/p>\n","protected":false},"author":1,"featured_media":100815,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1552],"tags":[47,159,1357,29,284,1468,84,2261,143,7,1393,79,131,477,1395,171,228,5,382,1180,438,712,1367,289],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-banking","tag-business","tag-capital-markets","tag-china","tag-du","tag-e","tag-emirates-integrated-telecommunications-company","tag-energy","tag-enterpriseam-uae","tag-finance","tag-fintech","tag-healthcare","tag-hospitality","tag-investments","tag-masdar","tag-purehealth","tag-roads-and-transport-authority","tag-telecommunication","tag-telecommunications","tag-telecoms","tag-totalenergies","tag-transport","tag-visa","wpautop","entry"],"acf":{"mongo_id":"d07728db-30bd-4907-9ef6-6695c8e8da7c","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/1747.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Masdar, Adnoc partner up with French firms for renewables initiatives in Africa + Asia","related_issue":[100792],"teaser":"Plus: Patrizia and ASB Capital set up shop in the UAE","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.fc02e1e5-8fce-465d-a4c4-4d5df92d2108.mp3"},"yoast_head":"\n\n