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The bank tapped banks to advise on the transaction
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Mubadala-backed Aman to raise USD 2 bn to drive UAE and global projects
The funds will be used to drive the development of 23 hotels and expand its luxury residential project Aman Residences around the world
Posted inIPO WATCH
Dubai-based travel and events firm Ambitions Enterprise is taking a 5% stake to Nasdaq
The tour operator plans to issue and float 1.5 mn new Class A shares priced between USD 4-5 apiece
Posted inSTARTUP WATCH
Debt collection startup ClearGrid raised USD 10 mn across two funding rounds
The funds will support ClearGrid’s expansion into Saudi Arabia and the advancement of its technology
Posted inKUDOS
UAE leads Forbes Middle East’s top asset managers, fintech firms, and valuable banks lists
ALSO- Rakez was named the fastest-growing economic zone in the UAE at the Annual Asian Arab Awards
Posted inMOVES
Bristol Myers Squibb appoints Osama Braiwish as general manager
Braiwish has over 25 years of experience in the pharma and diagnostics industry
Posted inALSO ON OUR RADAR
Singapore-based creator management firm Gushcloud plans biggest office in Abu Dhabi + Green hydrogen-powered buses coming to Dubai?
Plus: Ethiopia, Abu Dhabi expand air travel
Posted inPLANET FINANCE
What’s in store for Turkey’s economy and investment flows as political unrest takes a toll?
The central bank scrambled to contain the fallout, selling nearly USD 10 bn in foreign currency reserves
Posted inDIPLOMACY
UAE mediates another exchange of war captives between Russia and Ukraine + kickstarts talks for an economic partnership with Tunisia
UAE and Tunisia begin negotiations for a comprehensive economic partnership agreement
Posted inCALENDAR
MARCH 7 February-29 April (Friday-Tuesday): The Abu Dhabi Festival, Abu Dhabi. 24-28 March (Monday-Friday): Subscription period for Methaq Takaful’s rights issue on the ADX. 29 March (Saturday): New traffic regulations and minimum driving age to take effect. 30 March-1 April (Sunday-Tuesday): Eid Al Fitr, national holiday. Signposted to happen sometime in 1Q 2025: The first […]