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Author Archives: enterpriseam admin
Posted inECONOMY
IMF hikes growth forecast for the UAE for 2025, maintains outlook for 2024
The broader Middle East and Central Asia region is expected to grow at a 2.4% clip in 2024 and a 3.9% clip in 2025
Posted inINVESTMENT WATCH
Mubadala Capital closes USD 3.1 bn private equity fund
The fund will shell out USD 150-350 mn in investment tickets
Posted inINVESTMENT WATCH
UAE to invest in 60 GW renewables projects in India
The UAE and India inked an MoU earlier this year to ramp up investment in the renewable energy sector
Posted inM&A WATCH
EasyLease acquires 51% stake in Gallega Global Logistics
EasyLease will have access to Gallega’s existing infrastructure
Posted inAVIATION
Sanad sells AED 1.5 bn aircraft engines to Etihad Airways
The total value of MRO transactions between Sanad and Etihad Airways exceeds AED 6 bn
Posted inSTARTUP WATCH
Prypco secures USD 10 mn in seed funding
The funding round was led by Shorooq Partners
Posted inCABINET WATCH
Sharjah Executive Council approves AED 400 mn drainage project, real estate provisions, and industrial license fee reduction extension
The council greenlit infrastructure developments across the emirate
Posted inMOVES
G42 taps new CSO + Abu Dhabi Chamber of Commerce adds members to the arbitration board. AND: ADIB appoints new head of trade
PLUS: Institutional Investor appoints Paul O’Brien as a Senior Middle East Advisor