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The offer sets a minimum acquisition target of 50% plus one share
Author Archives: enterpriseam admin
Posted inREAL ESTATE
Abu Dhabi rents surge 20% in 2024 as supply struggles to keep up
Apartment rents climbed 22% y-o-y, while villa rents rose 9%
Posted inECONOMY
A look into the size of the UAE’s “real” economy compared to Arab peers
The UAE had the highest level of material well-being in the region during the period
Posted inINVESTMENT WATCH
Mega Matrix, 9Yards launch USD 100 mn short drama fund in Abu Dhabi
The fund, based in ADGM, will support global acquisitions and investments focusing on short-form content and AI-driven productions
Posted inSports
Spending on international signings at local football clubs more than doubled in 2024
Arab football clubs spent a total of USD 667.7 mn on buying international players last year
Posted inEARNINGS WATCH
DP World sees revenue jump, net income dip in 2024
New concessions and acquisitions drove up revenues, while higher financing costs dragged down the bottom line
Posted inALSO ON OUR RADAR
Adtic invests USD 120 mn in hotel in Egypt’s Giza pyramids area
Plus: Ripple becomes first DFSA-licensed blockchain payments firm in DIFC
Posted inPLANET FINANCE
Russian assets back in demand amid hopes for a ceasefire
The transactions are challenging due to the limited supply of those assets
Posted inDIPLOMACY
UAE signs MoUs with Denmark and Sweden + The UAE mediates between the US, Iran?
Emirati Foreign Minister also met with Denmark’s King Frederik