Dolphin Energy and New York University Abu Dhabi (NYUAD) have forged a groundbreaking agreement, in a bid to bolster sustainability and climate change research. This partnership aims to elevate environmental stewardship and empower the next generation of Emirati researchers through the sponsorship of NYUAD’s Kawader Research Assistantship Programme. Maryam Al–Memari has been appointed as the inaugural Dolphin […]
Commercial Bank International (CBI), a prominent corporate and retail bank based in Dubai, has announced a strategic investment in zypl.ai, a fintech startup at the forefront of applying generative AI in lending practices. This
Banking & Finance
Deal & transactions
United Arab Emirates
ADIO and Dustour Marine: Boosting Maritime Tourism in Abu Dhabi
Abu Dhabi Investment Office (ADIO) has entered into a strategic partnership with Dustour Marine Wooden Boats Trading Establishment to spearhead a groundbreaking project aimed at bolstering the Emirate’s coastal development and fostering maritime tourism.
Beeah, a leader in sustainability solutions, announces the development of an “AI Executive.” This groundbreaking initiative underscores Beeah’s commitment to driving agility, efficiency, and data-driven operations. The “AI Executive” is poised to simplify complex
Dubai Aerospace Enterprise (DAE), a prominent global aviation services company, has finalized a AED 2.75 billion (US$750 million) 5-year unsecured term loan agreement with Emirates NBD Bank (ENBD). The funds from this loan will be utilized
Banking & Finance
Deal & transactions
United Arab Emirates
Innovating Trade Finance: RAKBANK and DP World Collaborate
UAE based financial establishment, RAKBANK has entered into a strategic partnership with DP World, a global leader in logistics and trade solutions. This collaboration aims to provide businesses of all sizes with innovative and cost-effective
Capital Markets
Food & Beverage
United Arab Emirates
Invictus Investment Acquires Majority Stake in Morocco’s Graderco
Invictus Investment Company has finalised the acquisition of a 60% stake in Graderco and its subsidiaries from Zalar Holding, marking a significant move in the agro-food sector. The acquisition, after securing all necessary regulatory approvals, underscores
OSN Group has successfully finalized its acquisition of a majority stake in Anghami Inc., the leading music and entertainment streaming platform in the MENA region. This landmark transaction, which has received all necessary regulatory approvals,
Lunate, a prominent global alternative investment manager, has acquired a 40% stake in ADNOC Oil Pipelines (“AOP”) from institutional investors BlackRock and KKR. This acquisition signifies a major investment for Lunate in energy infrastructure and further
Corporate
Healthcare, Pharma & Life Sciences
United Arab Emirates
ADQ Launches Arcera: Driving Healthcare Evolution
ADQ, the prominent Abu Dhabi-based investment and holding company, has introduced Arcera, a new global holding company headquartered in Abu Dhabi, UAE, dedicated to the life sciences sector. Arcera aims to pioneer advancements in healthcare,
