Infrastructure
UAE’S AD Ports Makes $278 million move to acquire stake in EGX listed ALCN
The acquisition is part of AD Ports Group’s larger goal to increase its investment and operational...
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Dubai Launches World’s First AI-Powered Payment System, Agent Pay
Dubai is quickly becoming the world's fastest-growing digital innovation hub, with the Dubai Chamber of Digital...
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TotalEnergies Expands Ownership with €5.1 Billion Stake From Czech Tycoon
For TotalEnergies, a significant importer of LNG into Europe, the deal provides a network of customers...
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US Lifts Tariffs on Quarter of New Zealand’s Exports, Valued at NZ$2.21 Billion
The New Zealand government stated that the products that would be positively impacted by the tariff...
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Aldar Expands Industrial Portfolio Through Acquisition of KEZAD Assets for $155 Million
Aldar announced that they are investing $1 billion in residential, commercial, and logistics properties surrounding Abu...
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Occidental’s Q3 Profits Beat Wall Street Expectations Due To Increased Production
Occidental’s performance has surprised industry observers as realised oil prices fell to $64.78 per barrel in...
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Pfizer Acquires Metsera for $10 Billion, Enters Obesity Drug Market
After receiving the offer, Pfizer enters the highly lucrative obesity drug market, although Metsera’s products are...
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China’s October Targets Dip As Exports Shrink 1.1% And Imports Expand At A Slower Pace Of 1%
China’s official purchasing managers' index (PMI) dropped to a six-month low of 49.0 in October from...
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Qatar Airways Exits Cathay Pacific After 8 Years
Initially, Qatar Airways acquired a stake in Cathay Pacific in November 2017. With the acquisition, it...
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ADNOC and Microsoft Collaborate to Transform the Energy Sector Through AI
Under the agreement, both ADNOC and Microsoft will explore “transformative” solutions for the energy industry. Abu...
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