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Plus: Ripple stablecoin gets ADGM approval
Author Archives: enterpriseam admin
Posted inM&A WATCH
AD Ports exits NMDC through AED 1.6 bn sale to Alpha Dhabi
The sale generated a 17% total shareholder return for AD Ports over three years
Posted inM&A WATCH
GulfNav finally seals AED 3.2 bn acquisition of Brooge’s assets
The acquisition puts GulfNav on course for a projected paid-up capital of about AED 3.5 bn
Posted inENERGY
Taqa, Dubal Holding take over EGA’s power and water generation assets, eye boosting clean power capacity for EGA
Taqa and Dubal will purchase EGA’s power and water assets in Al Taweelah for USD 1.9 bn
Posted inINVESTMENT WATCH
Several Indian + UAE firms announce cross-border investments
The India Global Forum is launching a USD 250 mn fund and accelerator for Indian firms looking to expand in MENA via Dubai
Posted inREGULATION WATCH
Dubai introduces tighter regulations for trading petroleum products
The Dubai Supreme Council of Energy will oversee petroleum products trading
Posted inMOVES
Hasan Al Nowais appointed Industry and Advanced Tech Industry undersecretary
Al Nowais brings over 20 years’ expertise across the healthcare and hospitality sectors