M42 said its renal care unit Diaverum has completed the acquisition of four clinics in Brazil’s São Paulo state from the Lund Group.

The clinics — CDTR and CDTR Prime in Sorocaba, INDI in Itapetininga, and Lund Nefrologia in Itu — bring Diaverum’s total to 18 clinics in Brazil, including three vascular access centres.

Chronic kidney disease is a major public health issue in Brazil, affecting more than 10 million people, many of whom are diagnosed at later stages, the company said. In São Paulo, the condition affects an estimated 6–9 per cent of the adult population, with around 2.3 per cent of those at stage 5 requiring dialysis.

Following the acquisition, Diaverum’s operations in Brazil are expected to deliver more than 220,000 treatments annually through a platform that includes owned clinics, public hospital partnerships and acute service agreements.

M42 said the deal supports its strategy to build globally connected care platforms from Abu Dhabi, in line with data sovereignty regulations, by integrating clinical expertise, digital infrastructure and chronic disease management.

“At M42, we are building a globally scaled health intelligence platform that tackles some of the world’s most pressing health challenges, including chronic kidney disease,” said Dimitris Moulavasilis, GCEO of M42. “Our expansion in Brazil is not just about growth; it grants more people in Brazil access to high-quality renal care that empowers patients with clinical insights, predictive analytics and digital tools to support earlier intervention and better long-term health outcomes.”

M42’s Diaverum recently bought SENERP

The acquisition builds on Diaverum’s recent purchase of Serviço de Nefrologia Ribeirão Preto (SENERP) and includes management contracts in two public hospitals and acute service agreements.

“Brazil is a strategic market for Diaverum, not only because of its scale and growth potential, but because of the opportunity to continue advancing the standard of care for patients who rely on dialysis every day,” said Rafael Romanini, Diaverum CEO and COO for Europe and Latin America. “With M42, we are building a connected care model that delivers consistent, high-quality, patient-centred treatment across markets.”

The clinics in Itu and Itapetininga are the only private dialysis providers in those cities, while facilities in Sorocaba serve as regional hubs, the company said.

M42 said insights from high-volume markets such as Brazil would support innovation and care delivery across its global operations, as it expands its presence in international healthcare markets.

Dubai’s flagship carrier, Emirates, expects a rapid recovery from the disruption caused by the Iran conflict, with president Sir Tim Clark signalling confidence in both demand and profitability despite weeks of operational strain.

Speaking at the CAPA Airline Leader Summit in Berlin via videolink on Thursday, Clark said the airline’s performance would rebound quickly once the situation stabilises.

“If a solution is found and this goes away in the next two to four weeks, by the end of the summer, nobody will remember what has happened,” he said.

Emirates and other carriers across the UAE and wider region scaled back operations after the conflict broke out on February 28, disrupting key air corridors and forcing airlines to cancel flights and reroute services.

Clark said Emirates is currently operating at around 65 per cent of its capacity, with parts of its network still inaccessible due to ongoing airspace restrictions.

The disruption has been particularly acute around critical transit routes such as the Strait of Hormuz, a key global aviation and shipping corridor.

Despite this, Clark made clear the airline’s operating model remains unchanged.

“I don’t think things will change how we operate the airline or this model,” he said. “We can get this back — the brand is particularly strong.”

Demand remains resilient

Even as airlines cut capacity and adjust routes, Clark said passenger demand has held up, helping to underpin Emirates’ recovery outlook.

The broader aviation sector has been hit by both operational disruption and rising costs, with oil prices climbing above $100 a barrel during the conflict, pushing up jet fuel prices and squeezing margins globally.

Clark, however, said Emirates is not concerned about fuel availability and expects demand to absorb higher operating costs.

Despite the sharp impact in March, Clark indicated that Emirates remains on course to deliver strong financial performance this year.

“This year, despite March being wiped out because of the crisis, we still improved our financial metrics by some country mile. We will be the most profitable airline of the year, as you will hear soon,” he said.

Emirates, which is not publicly listed and reports as part of the Emirates Group, typically releases its financial results twice a year, with full-year earnings announced in May and half-year results in November.

For the 2024-25 period, Emirates recorded a profit before tax of Dhs22.7bn and revenue of Dhs145.4bn.

Daman Securities, a UAE-based brokerage firm and a wholly owned subsidiary of Daman Investments, has been granted a licence by the Dubai Financial Market (DFM) to offer derivatives trading, marking a key step in the continued development and diversification of the UAE’s capital markets.

Established in 1998, Daman Securities brings more than 27 years of experience in regional markets, combining local expertise with a client-focused approach to deliver tailored investment solutions.

The move aligns with DFM’s broader strategy to enhance market infrastructure and expand its suite of financial instruments. The introduction of derivatives is expected to support greater market efficiency, improve price discovery, and attract a wider base of investors, while reinforcing transparency and regulatory oversight.

By participating in the derivatives segment, Daman Securities aims to contribute to a more dynamic and diversified trading environment, offering investors additional tools to navigate evolving market conditions.

Shehab Gargash, founder and chairman of Daman Securities, said: “This milestone reflects our long-term belief in the strength and resilience of the UAE economy and our commitment to supporting its continued growth. The development of the market, including the introduction of derivatives, is an important step in building a more robust and sophisticated financial ecosystem”.

Khalifa Rabba, chief operating officer of Dubai Financial Market (DFM), said: “The expansion of derivatives trading reflects the continued evolution of DFM’s market ecosystem and the growing investor demand for a wide range of investment solutions. Strengthening this segment enhances liquidity, supports effective risk management, and broadens investor access, reinforcing Dubai’s position as a leading capital markets hub.”

The addition of derivatives trading complements Daman Securities’ existing services, enabling the firm to expand its offering to institutional and high-net-worth clients while supporting ongoing market development initiatives in the UAE.

Aldar Properties has acquired an industrial and logistics portfolio in Abu Dhabi’s KEZAD zone from a subsidiary of AD Ports Group for Dhs650m ($177m), the company said on Tuesday.

The transaction covers 163,000 square metres of income-generating warehouse space within Khalifa Economic Zones Abu Dhabi (KEZAD), with current occupancy at 97 per cent, Aldar said in a statement.

The portfolio comprises three multi-let warehouses in the Al Ma’mourah cluster, serving around 80 tenants across sectors including logistics, food and beverage, manufacturing and technology.

Major tenants include DHL, Spinneys and Noatum Logistics.

Aldar’s second deal with AD Ports in KEZAD

The acquisition marks Aldar’s second deal with AD Ports in KEZAD, following its purchase of warehouse assets linked to Noon and Emtelle in November 2025, as it expands its presence in the emirate’s industrial real estate segment.

Aldar said the deal reflects its strategy to grow exposure to logistics and industrial assets, citing strong demand driven by the UAE’s position as a regional trade and manufacturing hub.

Following the transaction, Aldar’s industrial and logistics portfolio exceeds 700,000 square metres, with a development pipeline of more than 1.5 million square metres of leasable space.

AD Ports said the sale forms part of its asset monetisation strategy, allowing it to recycle capital into new infrastructure projects while strengthening its balance sheet.

KEZAD, located near Khalifa Port and connected to major highways and rail infrastructure, is one of the largest integrated industrial zones in the region and a key logistics hub for Abu Dhabi.