Author Archives: enterpriseam admin
UAE’s PMI hits one-year high of 55
Business activity surged at its fastest pace since April 2024
RedBird IMI makes a EUR 4.4 bn merger, Mubdala invests USD 50 mn in Hungary’s 4iG, 2PointZero Group acquires healthtech firm
RedBird IMI to merge France’s Banijay and UK’s All3Media Abu Dhabi-backed RedBird IMI agreed to a EUR 4.4 bn merger between UK-based All3Media, which it acquired in 2024, and France’s Banijay Entertainment, according to a press release. The move creates a 50/50 JV, effectively uniting two of Europe's largest TV production rivals. Leadership of the […]
Private markets’ boom years might be over, now comes the reckoning
Inflows are slowing, withdrawals are mounting, and analysts caution that defaults could spike if AI disrupts corporate earnings
MARCH 19-20 March (Thursday-Friday): Eid Al Fitr, public holiday. 26-28 March (Thursday-Saturday): Social Capital Conference, Dubai. 28-29 March (Saturday-Sunday): Emirates International Congress on AI & Visionary Leadership in Transforming Healthcare, Adnec Center Abu Dhabi. 30 March - 2 April (Monday-Thursday): IAAPA Middle East Exhibition and Conference, Adnec Center, Abu Dhabi. 31 March - 2 April […]
THIS MORNING: School’s still out + Markets open today for the first time since the war hit
Plus: First signs of supply chain distress hit China-Gulf corridor for sulfur
Capital outflows to be expected in the near-term as war dents the UAE’s safe-haven status, analysts say
The unprecedented nature of Iran’s strikes on the UAE is bound to spook foreign investors, analysts tell us
UAE’s tourism’s USD 70 bn boom hit as Middle East conflict sparks cancellations
Holiday rental cancellation rates in Dubai and Abu Dhabi hit 43.8% overnight on 28 February
UPDATE: AWS signals its Mideast services aren’t coming back online soon after taking three drone strikes
Amazon is telling clients to move services out of the Middle East for now