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Plus: Mair’s shares were up 154% on their first day of trading
Author Archives: enterpriseam admin
Posted inTAX
Finance Ministry slaps multinationals with 15% top-up tax + proposes tax incentives for senior execs, R&D initiatives
The authority is considering R&D and high-value employment incentives
Posted inM&A WATCH
Mulk International and Ajeenkya DY Patil Group acquire stakes in Mulk Med Healthcare + Cvyn Holdings inks strategic partnership to acquire McLaren’s automotive unit
The two parties have committed an additional AED 100 mn investment
Posted inINVESTMENT WATCH
Emirati-Moroccon private venture Dahamco readies plan for Morocco green ammonia project, eyes 2031 operational start
The project will be geared for export in its first phase, with production for the local industry to follow at a later stage
Posted inTech
UK EV charging firm Gridserve’s founders launch ADGM-based decarbonization platform
The platform addresses the issues of mobilizing capital, scaling infrastructure, and transparency and trust
Posted inEARNINGS WATCH
Talabat’s net income jumps 44.5% in 9M 2024
Delivery Hero’s Middle East unit Talabat’s net income rose 44.5% y-o-y to AED 1.1 bn in 9M 2024, while revenues for the period increased 26.7% y-o-y to AED 5.7 bn, according to the company’s financial statements (pdf). REMEMBER- The company — which debuts on the DFM today — raised AED 7.5 bn (around USD 2 […]
Posted inUAE IN THE NEWS
ADFW puts finance at center stage in the foreign press
Plus: Abu Dhabi’s Bitcoin Mena conference has an elite guest list
Posted inALSO ON OUR RADAR
More asset managers head to ADGM
Plus: Trading hub eToro will offer ADX stocks on its platform