Author Archives: enterpriseam admin
ADQ secures massive USD 5 bn loan from banks across Greater China
The offering was 3x oversubscribed
UAB lands AED 1 bn in fresh funding
Drawdowns will be used to meet the bank’s general corporate needs
Abu Dhabi developer acquires marina construction firm as more developers expand infrastructure capabilities amid property boom
Plus: Modon divests stake in Icon Hotel to ADQ
Amea Power locks in the funds for solar plant in Côte d’Ivoire
The company aims to kick off operations on the plant by 2027
ESG leases out land to Spox Investments, and BinDawood acquires stake in Dubai’s Wonder Bakery
BinDawood is paying AED 96.9 mn for a 51% stake in Wonder Bakery
How off-balance-sheet financing is masking the true cost of the AI boom
Big Tech has pushed over USD 120 bn of AI data-center debt off its balance sheets via SPVs
DECEMBER 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 (Thursday): New Year, public holiday. 1 January: Client asset regime changes in Dubai International Financial […]