The agreement will give Ewec the flexibility to manage real-time fluctuations in renewable energy output without interruptions in power supply
Author Archives: enterpriseam admin
Posted inM&A WATCH
Singapore’s Ascentium is the new owner of Dubai-based Virtuzone
The agreement will help Virtuzone boost its corporate service offerings and strengthen its presence across the UAE and GCC region
Posted inINVESTMENT WATCH
Further Ventures invests USD 5 mn funding in GRVT
The investment brings GRVT’s total funding to USD 14.3 mn
Posted inEARNINGS WATCH
Palm Sports reports a net income of AED 109.2 mn in 2024
The firm posted record revenue of AED 1.05 bn last year
Posted inMOVES
Mashreq taps Vivek Batra as global head of transaction banking
PLUS: Property Finder taps new CFO + Mada Media has its first CEO
Posted inUAE IN THE NEWS
Mubadala’s future investments got ink in the foreign press
AI infrastructure is expected to be a core part of Mubadala’s future investments, Al Mubarak says
Posted inALSO ON OUR RADAR
Sobha Realty plans 8-10 new UAE projects in 2025, eyes US and Australia expansion
ALSO- Valores Property Development plans to roll out AED 600 mn worth of projects in Dubai this year
Posted inPLANET FINANCE
Gender gap in VC funding widens as AI companies dominate
Funds targeting female founders are going through a rough patch