The IHC subsidiary is considering investing in a new vehicle that Alphamin’s majority stakeholder may create to hold the stake
Author Archives: enterpriseam admin
Dubai’s mid-market segment leads price growth as the emirate marks fifth year of real estate boom
Dubai’s housing market marked its fifth consecutive year of price growth, with sales prices rising 20% y-o-y in 3Q 2024 and rents increasing 18% y-o-y, according to Cushman & Wakefield’s latest report. Apartment rents climbed 19% y-o-y, while villa rents rose 13%, “indicating a trend towards stabilization in the villa segment as prices approach affordability […]
BlackRock expands into Abu Dhabi with a new commercial license
The asset manager is eyeing regulatory approval to operate in the ADGM
EFG Hermes acquires two schools in the UAE through new USD 300 mn KSA-based education fund
SEF has acquired a total of seven Britus Education schools from GFH Financial Group
Finance ministry eases corporate tax compliance requirements
Unincorporated partnerships no longer need to notify the FTA of structural changes within 20 days
What's in store for debt markets in the region heading into the new year
Saudi Arabia will continue to lead issuances in the region, alongside recently upgraded sovereigns like Oman
Tabreed, Takaful Emarat turn to the black in 3Q
Tabreed logged AED 165.5 mn in net income in 3Q
Mashreq names Philip Philippides CEO of Mashreq Capital
Philippides will oversee the expansion of the firm’s assets under management and the development of new investment solutions
PayBy becomes first fintech firm to offer services to commercial gaming operators in the UAE
The UAE has been ramping up its push into the gaming sector