Plus: Adia divests entire stake in India’s One MobiKwik
Author Archives: enterpriseam admin
Wealthy investors pile into private credit
US investors poured USD 48 bn into private credit funds in 1H 2025, already topping 2023’s FY total
SEPTEMBER 30 August-7 September (Saturday-Sunday): Abu Dhabi International Hunting and Equestrian Exhibition, Adnec Center, Abu Dhabi. 1-6 September (Monday-Saturday): Dubai Fashion Week, Dubai Design District. 7 September (Sunday) Opec+ meet to discuss production policy for October. 9 September (Tuesday): Envision 2025, Atlantis, The Royal, Dubai. 8-10 September (Monday-Wednesday): DigiHealth exhibition, World Trade Center, Dubai. 8-10 […]
THIS MORNING: New trade bloc on the horizon? + Fuel prices up in September
Plus: UAE presides over an Arab League Council session in Cairo today
Adnoc raises AED 1.2 bn from oversubscribed Adnoc L&S share sale
The sale was nearly 7x oversubscribed
Sidara to acquire UK’s Wood Group for GBP 216 mn
The transaction includes a USD 450 mn capital injection from Sidara to shore up Wood’s liquidity
DP World earmarks USD 400 mn for new freight corridor in Pakistan + eyes new terminal in Canada
The 50 km rail-based dedicated freight corridor will run from Karachi Port to the Pipri Marshalling Yard
UAE to take over operations at Pakistan’s Islamabad International Airport?
A negotiations committee has been formed to iron out the details of the transfer agreement