Global sports consulting firm acquires Rise Group: US-based global sports and entertainment consulting firm Elevate Sports Ventures has acquired Dubai-headquartered commercial consultancy Rise Group, marking its regional entry and expanding operations to Riyadh, Jeddah, Abu Dhabi, and Dubai. The transaction — pending regulatory approval — adds 60 Rise staff to Elevate’s global workforce and brings […]
Author Archives: enterpriseam admin
Adnoc Drilling lands USD 1.15 bn offshore rig contract
Both rigs are scheduled to begin operations toward the end of 2Q 2025
Five Holdings turns to the black in 1Q 2025
The company's topline increased 39.6% y-o-y
Mashreq is now the first UAE bank to offer instant payments for SMEs
Plus: Pony.ai to launch robotaxi trials in Dubai this year
Giant US retailers mull going private as tariff tensions bite
Trump's trade war wreaked havoc on retailers’ valuations
MAY 26-28 May (Monday-Wednesday): Arab Media Summit, World Trade Center, Dubai. 26-28 May (Monday-Wednesday): Film and Gaming Forum, World Trade Center, Dubai. 26-30 May (Monday-Friday): Dubai Chamber of Commerce is set to go on a trade mission to the Philippines and Thailand. 27-29 May (Tuesday-Thursday): INDEX, Workspace, and The Hotel Show, Dubai World Trade Center. […]
THIS MORNING: Sharjah Islamic Bank sounds out investors for AT1 sukuk sale + Pay for your flights with stablecoin?
Plus: Fitch Ratings has revised down its forecast for growth in the GCC in 2025 to 3.7%
DP World to develop new economic zone at Omani border
The 14 sq km zone, expandable to 25 sq km, will be developed by UAE-Omani JV Mahadha, led by DP World
Ghitha unit Invictus acquires majority stake in Angolan fertilizer business Angata
Dagro has controlling stakes in an agricultural chemicals and fertilizer business operating in Angola