Abu Dhabi’s sovereign wealth is buying into the jets airlines lease: The Abu Dhabi Investment Authority (Adia) is joining Irish lessor Avolon and infrastructure investor I Squared Capital to set up ...
Saudi Arabia’s Go Telecom is building an AI cloud to rent out computing power. The company has awarded Total Technical Triangle Company (3T), an authorized Dell Technologies partner, a SAR 185.9 mn ...
Why would a Gulf energy major borrow USD 3 bn from four Chinese banks? Because the price is right and a second set of lenders is worth having, analysts tell EnterpriseAM, and the borrowers’ balance ...
DP World is launching a shipping line between China and two of its own African ports: The Dubai-based operator’s Shipping Solutions business will start a weekly China Africa Link service in late ...
Good morning, friends, and happy ADIPEC week. Today’s issue touches every corner of our beat: the money behind the assets, the gas under the sand, the oil in storage, the jets on lease, and the rails ...
AD Ports appointed Afif Saif Al Yafei (LinkedIn) as group CEO, according to a press release. He succeeds Mohamed Juma Al Shamisi (LinkedIn), who had led the group since 2014. The statement didn’t ...
Good morning, lovely people. The biggest IPO the EGX has seen in at least a decade is now trading, and it opened quietly, up ...
In today’s issue: We look into how development loans and Chinese partners power Egypt’s 13.85 GWh battery storage push.
Dubai’s dnata and DP World are expanding their overseas supply chain footprint through an air cargo terminal at Australia’s new Western Sydney International Airport ...
Government approvals get an AI assist: Abu Dhabi’s government is working with OpenAI to make regulations readable by AI systems, helping officials assess compliance and process permits and ...
BdC gave up an early rally to close up just 0.19% at EGP 5.31 a share, pricing at fair value left little room for ...
Alpha Dhabi sees lower earnings in 3Q amid fatter checks Higher direct costs and expenses weighed on Alpha Dhabi’s 3Q results , with net ...