Author Archives: enterpriseam admin
Posted inM&A WATCH
IHC to acquire 41.2% of of Mumbai-listed Sammaan Capital
The move could trigger an open tender offer to minority shareholders for an additional 26% stake
Posted inCAPITAL MARKETS
Busy pipeline ahead for debt and equity capital markets in the UAE and KSA, investment bankers say
The GCC is increasingly being viewed less as an emerging market and more as a stable, developed market
Posted inMANUFACTURING
NextSource to build battery anode plant in Abu Dhabi
The project carries a total capex of USD 291 mn, with forecasts putting annual revenue at USD 195 mn
Posted inMOVES
New CEO at Meira + Western Union taps regional VP
This move follows former CEO Paolo Casamassima’s exit from the firm to join Dubai-based Arqaam Capital
Posted inALSO ON OUR RADAR
UAE, Turkey ink AED 18 bn currency swap
Plus: Masdar completes acquisition of 50% stake in solar portfolio from Endesa
Posted inPLANET FINANCE
OpenAI hits USD 500 bn valuation as staff share sale fuels chipmaker rally
Chipmakers and tech indices gained over USD 200 bn in market value in a single session on the news
Posted inDIPLOMACY
Fujairah, Egypt sign energy pacts on oil storage and logistics
The two sides signed three agreements on the sidelines