The new funding will allow Anghami to expand its content library, upgrade its technology, and strengthen its presence in the region
Author Archives: enterpriseam admin
Adnoc Drilling closes Turnwell JV agreement with SLB and Patterson-UTI
The UAE drilling player sealed its Turnwell JV agreement with US partners
Space42 extends new AED 18.7 bn contract with gov’t for satellite communication services
The contract will see the company offer its services to the government until 2043
Embedded SME lending startup CredibleX secured USD 55 mn in debt and equity seed funding
The newly raised funds will drive the company’s expansion plans
Refurb tech startup Revibe closed a USD 7 mn series A funding round
The investment will support its expansion in emerging markets
Adnoc Gas taps new CEO + Magellan Capital loses portfolio manager -report
Al Nuaimi previously previously held the position of CEO of Adnoc LNG and manager of Adnoc’s gas strategy and master planning unit
Mashreq advises on Turkish Vakıfbank’s USD 870 mn loan facility
Plus: Modon and Four Seasons inaugurated a five-star hotel in Morocco
M&A activity rebounds with USD 3.5 tn in transactions in 2024, ending two-year decline -Bain
The Middle East saw inbound and domestic M&A activity surge 88% y-o-y
DECEMBER 13 December - 4 January (Friday-Saturday): Liwa International Festival, Al Dhafra, Abu Dhabi. 14-21 December (Saturday-Saturday): World Schools Festival, Abu Dhabi 16-20 December (Monday-Friday): AIMS Conference 2024, Adnec Centre, Abu Dhabi. 17-18 December (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting. 17-19 December (Tuesday-Thursday): China Home Life, Dubai Word Trade Center. 19-22 December […]
THIS MORNING: More debt issuances from the UAE to come next year + Adia closer to acquiring stake in Haldiram?
Plus: The UAE’s consumer spending is expected to rise by 4.3% y-o-y in 2025