The single-tranche issuance has a 12-month tenor and a Prime 1 rating
Author Archives: enterpriseam admin
Abu Dhabi’s Chimera launches USD 50 bn alternative investment manager
Chimera Investment to launch one of MENA’s biggest investment management firms: Our friends at Abu Dhabi-based Chimera Investment are launching a global investment manager with more than USD 50 bn of assets under management (AUM), according to a press release ( pd f). The private-markets focused firm, dubbed Lunate, is set to begin operations out […]
Qalaa Holdings reports 2Q loss on higher borrowing costs
Solid growth at Taqa Arabia helped offset a drop in revenues at the ERC
Hani Suleiman named executive managing director of HCCD
Suleiman was appointed by the Public Enterprises Ministry
Social support measures dominate the talk shows for the second night running
The new raft of financial support measures continued to dominate the conversation on the airwaves for a second night running last night: Masaa DMC (watch, runtime: 4:32), Al Hayah Al Youm (watch, runtime: 2:10 | 8:22), Ala Masouleety, Kelma Akhira (watch, runtime: 2:11 | 4:06), and El Hekaya all covered Saturday’s announcement by the president, […]
Presidential election gets attention in the foreign press
Politics is on the agenda in the foreign press this morning: The new raft of financial supp ort measures announced by President Abdel Fattah El Sisi on Saturday “leaves little doubt he will seek a third term” in the upcoming presidential elections, the National’s Hamza Hendawi writes. Meanwhile, AFP reports that opposition coalition El Tayar […]
Pachin to delist from EGX. PLUS: MPs want answers on blackouts + news from Qatari Diar, Capricorn Energy and the SME development authority
Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year