Plus: UAE, Sri Lanka, and India will discuss Sri Lanka’s energy hub in May
Author Archives: enterpriseam admin
Posted inECONOMY
BMI downgrades UAE’s growth forecast, citing weaker oil prices and global demand
Fitch Solutions’ research unit now sees the economy growing by 4.6% this year
Posted inIPO WATCH
Dubizzle, Property Finder are gauging investor interest ahead of potential IPOs
Dubizzle could raise at least USD 500 mn from the transaction
Posted inDEBT WATCH
UAE set to become the most active debt issuer among EMs this year -Fitch
The market’s issuances amount to USD 29.1 bn in the same quarter
Posted inM&A WATCH
ADIA buys more shares in Jefferies Credit Partners
Platinum Falcon purchased 344k common shares at USD 14.5 apiece
Posted inM&A WATCH
TC Mena Holdings acquires majority stake in Gulf Cement
The company had been gunning for up to 100% of the company
Posted inECONOMY
DWTC generated AED 22.4 bn in economic output last year amid events boom
DWTC’s large-scale events added AED 13 bn to Dubai’s GDP
Posted inEARNINGS WATCH
Ghitha, Easy Lease see net income fall in 1Q
Easy Lease reports a net income of AED 10.4 mn in the same quarter