ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investments, a Abu Dhabi-based private investment firm managing a diversified portfolio of listed and unlisted equities on both local and international markets, have established ADC Acquisition Corporation PJSC (ADC), the UAE’s first Special Purpose Acquisition Company (SPAC)

Emirates Islamic, one of the leading Islamic financial institutions in the UAE and the preferred bank for UAE nationals has launched an Emarati Business Account, designed specifically to cater to the needs of UAE national companies

Nahdi Medical Company, Saudi Arabia’s largest retail pharmacy chain and leading healthcare provider announced the launch of the Kingdom’s largest Nahdi flagship pharmacy in Riyadh, Olaya District on King Fahad Road, near to Tahlia Street

Bentley Systems, the infrastructure engineering software company, has acquired Watertown, Massachusetts-based ADINA R & D Inc, a leading developer of finite element analysis software applications used in a comprehensively diverse range of engineering fields

The Sovereign Fund of Egypt has signed a framework agreement with Norway’s government pension fund and Norwegian clean energy developer Scatec, to develop renewable energy and green hydrogen projects in nine African countries