#ADQ
The partnership will focus on serving the needs of data centres and industrial centres in the US and other international markets over the long-term
Plenary Middle East will focus on public and social infrastructure opportunities across the Middle East and Central Asia
The growing demand for critical minerals, including lithium, cobalt, nickel, and rare earth elements, is expected to increase sixfold by 2050
ADQ and IFC will explore co-investment opportunities, leveraging IFC’s capital mobilisation expertise and ADQ’s infrastructure and supply chain capabilities
The partnership aims to strengthen bilateral relations between the UAE and Vietnam, following the signing of a CEPA in 2024
The venture will initially invest $1.2bn over four years in mining companies in emerging markets in Africa, Asia and Latin America
Q Logistics has set the takeover bid price at $0.82 (Dhs3) per share, representing a 33 per cent premium over Aramex’s closing price on Thursday
The fund’s investment will provide fresh capital, allowing Odeabank to leverage opportunities within the wider group
The Ras El Hekma project is expected to drive significant economic growth, attracting $110bn in investment by 2045
The initiative aims to build trust and accountability in ADQ’s AI implementations and drive transformation across its portfolio
ADQ is fully owned by the Abu Dhabi government, which holds more than 90 per cent of the United Arab Emirates’ oil reserves
Egypt has been seeking large-scale investments as it tries to overcome a long-running economic crisis that led to record inflation
The company is integrated into ADQ’s wider transport and logistics portfolio, which includes Abu Dhabi Airports, AD Ports Group, Etihad Airways, and Etihad Rail
This move is part of the holding company’s broader strategy to develop cluster ecosystems and foster long-term value creation
The rail projects, as well as other investment initiatives, are part of the $5.5bn investment projects package signed by the two countries last year
ne’ma drives policy change and initiates projects to address the root causes of food waste
Deliberations between ADQ and Bank Audi are reportedly ongoing, and no final decisions have been made
The deal, valued at approximately $1bn, marks a significant partnership aimed at supporting Sotheby’s growth and innovation plans
The fund sold a $1.25bn five-year portion at 80 basis points (bps) over US Treasuries and another $1.25bn 10-year tranche at 90 bps over the same benchmark
Investors can subscribe to the ETF units, during the offering period, which runs until July 2
The World Bank projects that the support programme will create jobs, strengthen the economy, and enhance Egypt’s resilience to environmental and economic challenges
The global financial giant has tapped former Mubadala and Goldman Sachs executive to lead its operations in the three GCC countries
The IMF said its Executive Board would consider the staff agreement and disbursement in the coming weeks
Dr Zina Jarrahi Cinker, director general of MATTER, reveals key details about one of the biggest events of the year set to come to Abu Dhabi in November
By focusing on local manufacturing and sustainability, Acino is set to play a significant role in the UAE’s pharmaceutical industry
Egypt commercial banks’ foreign assets climbed by $606m in April while their liabilities rose by $653m
The deal with Abu Dhabi sovereign fund ADQ to develop the peninsula 200 km west of Alexandria includes a total of $35bn in investments
Leveraging favourable market conditions and investor appetite, ADQ’s bond issuance garnered significant interest
Egypt has moved ahead with administrative realignment of the region after the country signed a $35bn FDI deal with the UAE’s ADQ earlier this year
In 2023, non-oil trade between the UAE and Kenya rose by 26.4 percent year-on-year to $3.1bn