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Adia bought the undisclosed stake at INR 320.7 per share
Author Archives: enterpriseam admin
Posted inA MESSAGE FROM MASHREQ
Why sustainability-linked loans are the future of corporate finance
In the MENA region, we’re witnessing a financial revolution, and it’s powered by sustainability. At Mashreq, we’re at the forefront of this transformation, championing sustainable finance. Within its ambit is sustainability-linked loans (SLLs), a powerful tool that directly connects a company’s financial success to its environmental and social impact. SLLs have quickly become an essential […]
Posted inDEBT WATCH
Ittihad International’s USD 550 mn sukuk was oversubscribed four times
The benchmark transaction was upsized to USD 550 mn and priced at 7.4%, 50 basis points tighter than initial guidance
Posted inEARNINGS WATCH
Dana Gas, Parkin, Union Coop report 3Q earnings
Parkin’s income was supported by higher daily tariffs and record seasonal card sales
Posted inMOVES
A new foreign trade undersecretary + interim CEO at GCGRA
GCGRA’s current CEO, Kevin Mullally, has stepped down
Posted inUAE IN THE NEWS
UAE gets ink for AI drive + drawing in Chinese wealth
More wealthy Chinese individuals are choosing Dubai for their family offices instead of Singapore
Posted inALSO ON OUR RADAR
Pantheon and India’s NBCC to develop projects across the UAE
Plus: ADB Capital launches another sukuk ETF
Posted inPLANET FINANCE
Crypto adoption is picking up across the region, but who is leading the charge?
Turkey, the UAE, Egypt, Jordan, and Saudi Arabia are leading the regional crypto adoption index
Posted inDIPLOMACY
Abu Dhabi, Montenegro to boost energy cooperation + Several MoUs signed with Chinese firms
The discussions also explored broader cooperation in economic, developmental, educational, cultural, and renewable energy sectors