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Author Archives: enterpriseam admin
Posted inDEBT WATCH
Mashreq’s USD 500 mn sukuk is its most heavily subscribed yet
This is the inaugural issuance under a USD 2.5 bn program
Posted inM&A WATCH
Gulf Cement shareholders approve TC Mena Holdings’ takeover bid
The acquisition will see TC raise its holding to up to 100%
Posted inENERGY
Drill, baby, drill…
The firm will deliver extended reach and maximum offshore reservoir wells
Posted inTRADE
UAE climbs up global rankings for trade
Reaching USD 603 bn, exports outperformed USD 539 bn in imports
Posted inEARNINGS WATCH
1Q earnings are in for Sharjah Islamic Bank, and Rak Ins., while EDB posts FY 2024 earnings
Rak Ins. saw a 223.4% uptick in its bottom line whilst Emirates Development Bank’s sunk by 14.8%
Posted inKUDOS
UAE dominates Deloitte’s Fast 50 list + Forbes’ real estate leaders ranking
Plus: Emirates ranks 4th globally in airline rankings
Posted inMOVES
Knowledge and Human Development Authority names new board members + Comvault appoints new Channel and Distribution Lead
Deyaar appointed Abdullah Al Hameli as Chairman of its Board of Directors
Posted inALSO ON OUR RADAR
Hub71 and MBZUAI join HELM to advance medical research, AI, and investments
Plus: ADIO, DoH, and Hub71 to boost health and life sciences investments
Posted inPLANET FINANCE
USD 800 bn in outflows at stake from US-China decoupling
Investors looking to offload shares could face some waiting time