3+ day, 12+ hour ago   (88+ words) Sharjah gets its own mega-community: Azizi Developments will unveil its latest project, the AED 30 bn Azizi Florence, in Sharjah — its first in the emirate — at a Dubai launch event today, according to a press release. The development will include 1.1k villas,…...

3+ day, 12+ hour ago   (266+ words) Abu Dhabi is scaling Altair from a satellite constellation into AI infrastructure in orbit: UAE-based Marlan Space and Loft Orbital are leading a consortium investing USD 1 bn in France to build Altair-Next Gen, a 50-satellite AI-enabled constellation, according to a…...

5+ day, 12+ hour ago   (130+ words) BlackRock has tapped Dixit Joshi (LinkedIn) to lead its Middle East Technology and Advisory Solutions, and Digital Assets team as managing director, according to a press release. Joshi will be based in Dubai in the new role and focus on…...

6+ day, 6+ hour ago   (606+ words) Abu Dhabi’s balance sheet is pointed in three directions this morning — Indian mid-caps, US AI infrastructure, and an Egyptian port operator that could end up with almost nothing trading. G42 is the exception: There, the open question is who ends up…...

6+ day, 12+ hour ago   (220+ words) IN CONTEXT- The September opening follows a USD 182.5 mn nine-project package inaugurated in Sokhna in April, and continues a sustained build-out that saw the SCZone contract 117 projects worth USD 7.26 bn in FY 2025/26. The zone reported record revenues of EGP 15.9 bn…...

1+ week, 14+ hour ago   (254+ words) Existing projects are being reassessed and resequenced as countries weigh how infrastructure performed during the war’s disruption to regional shipping routes, from the Strait of Hormuz to the Red Sea. REMEMBER- The GCC is already working on developing workarounds to…...

1+ week, 12+ hour ago   (221+ words) CI Capital Asset Management plans to launch an equity-focused hedge fund targeting EGP 250 mn in assets-under-management within its first year, Asharq reports, citing Managing Director Amr Abol Enein. The fund is slated to come alive before year-end, with the firm…...

1+ week, 12+ hour ago   (179+ words) The rulebook underneath the law Valuation as a deal-breaker On that specific point, the Senate bill moves in his direction. It would take valuation of in-kind capital contributions out of a GAFI committee and hand it to appraisers licensed by…...

1+ week, 14+ hour ago   (318+ words) While PIF trims capital spending and phases its gigaprojects, its AI arm is scaling up on two fronts at once — a global venture fund that could top the USD 10 bn originally planned, and a separate USD 2.5 bn vehicle to finance…...

1+ week, 3+ day ago   (255+ words) Dubai-born fitness tech platform Enhance secured USD 18.2 mn in a combined equity and venture debt round to grow its operational footprint across the US from its current 700+ locations, according to a press release (pdf). The equity tranche was led by…...