This was Abu Dhabi’s first IPO of the year
Author Archives: enterpriseam admin
Posted inDEBT WATCH
Aldar launches USD 500 mn green sukuk, with over USD 2 bn in orders
Initial price thoughts for the issuance are in the US Treasuries +140 bps area
Posted inREAL ESTATE
More signs of a looming price correction in the property market?
The index saw villa values climb 2% monthly, while apartment prices rose 1.2%
Posted inINFRASTRUCTURE
Italian firm clinches USD 2.5 bn urban management contract for Abu Dhabi
Italian AI firm to bring AI urban solutions to Abu Dhabi: Abu Dhabi-based security firm Bold Technologies signed a USD 2.5 bn contract with Italian AI firm Synapsia which will see the Italian company provide Abu Dhabi with AI city management solutions, Synapsia CEO Daniele Marinelli told Reuters. The two companies are looking to set […]
Posted inINVESTMENT WATCH
Taqa agrees AED 2 bn water treatment, pipeline project in Uzbekistan
This is Taqa’s second water infrastructure project in the country
Posted inLEGISLATION WATCH
DIFC Courts gets bigger remit + dispute mediation center
The new law replaces laws from 2004
Posted inEARNINGS WATCH
Yalla Group reports 18.7 increase y-o-y in net income in 2024
Revenues increased 6.5% y-o-y to USD 339.7 mn in 2024
Posted inALSO ON OUR RADAR
Arabian Construction secures AED 2 bn contract for Design Quarter development from Meraas
Plus: Moody’s upgrades RAK Bank’s outlook