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The Abu Dhabi-based investment platform plans to inject some USD 1 bn into Maseera
Author Archives: enterpriseam admin
Posted inM&A WATCH
Abu Dhabi’s Aghthia Group now owns 80% of Abu Auf
The financial terms of the transaction were not disclosed
Posted inDEBT WATCH
Arabian Cement lines up EUR 25 mn package from EBRD to boost decarbonization efforts
EBRD to provide EUR 25 mn to local cement player: The European Bank for Reconstruction and Development (EBRD) will roll out a EUR 25 mn financing package to the Arabian Cement Company (ACC) to support its green transition, according to a statement from the multilateral lender. The package will be backed by a first-loss risk […]
Posted inAlso on our Radar
Gov’t to hand slaughterhouses to private players
PLUS- Smartphone distributor JIT has a USD 15 mn expansion plan in the pipeline
Posted inPLANET FINANCE
European stocks deliver their best performance against the US in a decade following Trump’s inauguration
Delayed US tariffs and potential peace in Ukraine are the main drivers of the rally in European stocks
Posted inCALENDAR
FEBRUARY 21-23 February ( Friday-Sunday): The First Arab Fraud Combating Summit. BP to bring the second well of its Raven natural gas project online, with additional production capacity expected. Orascom Pyramids Entertainment to bring total investments in the Pyramids Plateau to EGP 1.5 bn. Subscription period for Your Home in Egypt initiative opens. MARCH 3 […]
Posted inWHAT WE’RE TRACKING TONIGHT
New round of industrial land offerings to kick off 1 March
Hello all you wonderful people, and happy Sunday. We have a packed issue for you today, so without further ado, let’s get into it. THE BIG STORY TODAY A new round of industrial land offerings goes live 1 March: The Industry Ministry is offering 2.2k small, medium, and large industrial land plots covering a cumulative […]
Posted inFOR YOUR COMMUTE
The definition of premium has changed, and its far off the price tag
Chinese buyers are looking for high-tech, electric, and smart vehicles