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The UAE was designated the US’ second major defense partner
Author Archives: enterpriseam admin
Posted inCLIMATE
Brookfield raises USD 2.4 bn for the UAE-backed Catalytic Transition Fund + TPG raises USD 1.25 bn, with backing from Alterra
The CTF is anchored by a USD 1 bn commitment from Alterra fund set up by the UAE during COP28
Posted inMANUFACTURING
Edge Group launches new satellite-making, cybertech firm
The new company will develop the UAE Space Agency’s Sirb constellation
Posted inM&A WATCH
China’s Acclime takes over Alpha Management
Alpha Management is slated to be rebranded to Acclime by early 2025
Posted inBUDGET WATCH
Budget surplus widens in 2Q 2024
Total expenses climbed to AED 95.63 bn in 2Q 2024
Posted inCONSTRUCTION
Dubai Exhibition Center to get major upgrade
The center is set to be the region’s largest
Posted inINVESTMENT WATCH
Pure Harvest seeks USD 100 mn to back expansion plans
Pure Harvest plans to complete the financing of the new round by year-end
Posted inLEGISLATION WATCH
Sharjah rolls out new rent law
Landlords must certify lease contracts with the rental dispute center within 15 days
Posted inDEBT WATCH
Masdar + Taaleri reach financial close on Serbia wind farm
Čibuk 2 will have a capacity of 154 MW