The company sold its 5% stake to Russia’s Lukoil
Author Archives: enterpriseam admin
Mashreq eyes digital trade products + unsecured instant lending as it doubles down on SME financing this year
Also: Soft tokens are coming for SMEs this quarter
Dubai’s Bybit sets up EU HQ in Vienna
Egypt’s Madinet Masr expands to UAE, UAE signs three-way push for agriculture, upskilling, and investment support
Proposed sukuk reforms may risk fracturing USD 1 tn Islamic debt market
Standard 62’s ownership amendments would see sukuk more closely resemble an equity investment
5 June (Thursday): Arafat Day, public holiday. 6-9 June (Friday-Tuesday) Eid Al Adha, public holiday TBD. 11-13 June (Wednesday–Friday): China Home Life Expo, Dubai World Trade Center. 11-13 June (Wednesday–Friday): International Appliances and Electronics Show, Dubai World Trade Center. 12 June (Thursday): Deadline for Sidara to submit a formal takeover bid to Wood Group. 17-18 […]
THIS MORNING: Low economic risk this year, Fitch says + Dubai’s first ever tokenized real estate asset was fully funded in the first day
Plus: Private sector eid holiday confirmed
Adnoc Drilling is now in Oman and Kuwait
The transaction is expected to close in 1Q 2026
Azerbaijan’s state oil fund invests USD 50 mn in Adnoc’s gas pipeline unit
The investment took place through a Lunate-managed investment fund