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Author Archives: enterpriseam admin
Posted inECONOMY
IMF sees Abu Dhabi economic growth this year exceeding Dubai’s and the GCC’s
The Fund downgraded its Mena growth forecast to 2.6%
Posted inM&A WATCH
G42’s CPX acquires security solutions firm TSI Tech
TSI Tech’s expertise in smart city systems will merge with CPX’s cybersecurity services to provide security and threat-detecting solutions
Posted inM&A WATCH
UK-based digital assets platform Zodia Custody eyes takeover of Abu Dhabi’s Tungsten
This would see Further Ventures, key shareholder and incubator of Tungsten, join Zodia’s cap table
Posted inREAL ESTATE
MAG plans to tokenize USD 3 bn real estate assets via MultiBank
The agreement will list MAG’s properties — including The Ritz-Carlton Residences and Keturah Reserve — on MultiBank.io’s regulated RWA platform
Posted inENERGY
Kazakhstan ratifies agreement for Masdar-backed USD 1.4 bn wind project
The 1 GW wind farm will feature a 300 MW storage system and generate 3.4 bn kWh annually
Posted inREAL ESTATE
Dubai real estate transactions hit AED 179 bn in 1Q
Residential transaction activity accounted for 72% of total transactions for the quarter
Posted inSTARTUP WATCH
Fuze raises USD 12.2 mn to power MENA expansion
The round was led by Galaxy and e& Capital
Posted inEARNINGS WATCH
DFM and NMDC post double-digit bottom line growth for 1Q 2025
Pure Health and CBI saw smaller upticks in net income growth