Plus: Oil prices ticked up in Asia this morning as the US tightened its blockade on oil tankers coming in and out of Venezuela
Author Archives: enterpriseam admin
Adnoc adds USD 2 bn South Korea-backed green loan to its funding arsenal
This brings Adnoc’s total green-labeled funding to USD 5 bn in 18 months
Inside MGX’s investment in TikTok
The investment marks a widening of MGX’s original AI and digital infrastructure-focused scope
Burjeel taps new CEO
Founder and Chairman Shamsheer Vayalil replaces current co-CEOs John Sunil and Safeer Ahamed
Modon awards massive construction contract, EGA invests USD 170 mn in German facility, and Depa closes its rights issue
Modon awarded a AED 5 bn contract for Nawayef East and Nawayef West on Hudayriyat Island
Year of the megadeals (and AI acquisitions)
More than three-quarters of new M&A value came from transactions above USD 5 bn
DECEMBER 18-23 December (Thursday-Tuesday): Games of the Future, Adnec, Abu Dhabi. 26 December (Friday): Tender period for Emirates NBD’s offer for RBL Bank’s public shares ends. 29-30 December (Monday-Tuesday): World Sports Summit, Dubai. Signposted to happen sometime in 2025: e& will complete Adnoc’s private 5G network. 2026 JANUARY 1 January: Client asset regime changes in […]