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Syria resumed flights to the UAE yesterday
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Damac Properties to invest USD 20 bn in US data center expansion
The investment will be led by Damac founder Hussain Sajwani
Posted inM&A WATCH
DAE snaps up 100% of Irish aircraft leasing company Nordic Aviation Capital
DAE takes over Nordic Aviation: Dubai Aerospace Enterprise (DAE) inked a definitive agreement to acquire 100% of Irish aircraft leasing company Nordic Aviation Capital (NAC) for an undisclosed amount, according to a statement. DAE plans to bankroll its latest transaction using a mix of internal resources and committed debt financing. What’s next? The transaction is […]
Posted inINVESTMENT WATCH
Adia invests in US wealth manager + agtech startup
Adia completed a USD 3 bn investment alongside PE firm Advent in Fisher Investments, and invested in agtech startup Inari
Posted inM&A WATCH
Devsinc acquires Dubai-based e-commerce SaaS firm Alchemative Group
The Pakistani firm will gain control over Alchemative’s payment solution UnumPay
Posted inBUSINESS
Blue-collar and entry-level roles boom in the UAE as white-collar roles see a dip -Innovations Group
White-collar jobs are declining as businesses are centralizing their support functions away from the UAE
Posted inSTARTUP WATCH
Global Ventures invests in tech subscription startup Zension’s USD 30 mn funding round
Aramco’s Wa’ed Ventures and Japan’s Sumitomo also participated
Posted inA MESSAGE FROM MASHREQ
Open finance: the next frontier in customer-centric banking
Open finance is setting the stage for a seismic shift in banking, one that’s rapidly reshaping the industry in the UAE and beyond. As the UAE Central Bank works toward a nationwide open finance implementation, we are seeing a bold approach to financial connectivity that has the potential to redefine customer experience, innovation, and competition. […]