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Author Archives: enterpriseam admin
Posted inECONOMY
Non-oil private sector expands at softer pace in October
The country’s seasonally adjusted PMI fell to 53.8 in October, from 54.2 a month earlier
Posted inENERGY
Adipec day three: Movement on petrochems, oil and gas, and SAF projects in the UAE
Ta’ziz, Brooge, Mubadala Energy, and others advance key projects
Posted inM&A WATCH
Masdar buys into OMV’s Austria hydrogen project
The facility is slated to come online by end-2027 with 140 MW of electrolysis capacity, targeting annual output of up to 23k tons of green hydrogen
Posted inM&A WATCH
Adnoc Drilling is set to acquire 80% of Oman’s MB Petroleum Services
The drilling giant will also have the option to buy up the remaining 20% following an undisclosed lockup period
Posted inM&A WATCH
Arcius takes over Egypt’s Harmattan gas field
The company will take over all obligations and development rights for the field.
Posted inTech
G42 capitalizes on Microsoft partnership to add 200 MW of data center capacity through Khazna
The upgrade is part of Microsoft’s plan to invest USD 15.2 bn in the UAE between 2023-2029
Posted inDEBT WATCH
SIB tightens pricing on its USD 500 mn sukuk
The offering drew USD 1.3 bn in orders excluding lead manager interest