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Author Archives: enterpriseam admin
Posted inECONOMY
Dubai inflation cools in August
Monthly inflation slowed to 0.11% in August from 0.42% in July
Posted inM&A WATCH
MGX joins Silver Lake in Altera buyout
Intel agreed in April to sell 51% of Altera to Silver Lake in a transaction valuing the unit at USD 8.75 bn
Posted inM&A WATCH
Ades raises bid for Dubai-based Shelf Drilling
The update reflects an upward revision in annual cost synergies to USD 50-60 mn
Posted inBanking
Mashreq rolls out commercial operations in Pakistan
The move marks Mashreq’s first full-scale international deployment of the platform outside the UAE
Posted inSTARTUP WATCH
Middle East beauty startup raises USD 3 mn in seed funding
Led by a former Sequoia India investor, the company aims to build global beauty brands rooted in Middle East heritage
Posted inMOVES
New leads for Deyaar, Emarat Takaful, BoS, and United Hospitality
Deyaar’s new CFO was previously chief audit executive at the firm
Posted inALSO ON OUR RADAR
HSBC opens its first Mena wealth center in Dubai
Plus: Emicool enters Abu Dhabi