Author Archives: enterpriseam admin
Posted inIPO WATCH
LuLu Retail to sell 25% stake in ADX IPO, set to be the biggest this year
The company’s shares are set to debut on the ADX on 14 November
Posted inIPO WATCH
Dubizzle taps new banks for 2025 IPO
Dubizzle could raise some USD 1 bn from the IPO
Posted inM&A WATCH
Adnec acquires Royal Catering to cater to new sectors
The company plans to blend Royal Catering into Capital Catering’s brand
Posted inTRADE
Abu Dhabi to offer subsidies to agrifood producers?
Subsidies will cover everything from livestock and fish farming to alternative proteins and algae
Posted inBanking
GCC banks can weather regional tensions, S&P says
Emirati banks could face up to USD 59 bn in external funding outflows, in the high stress scenario
Posted inEARNINGS WATCH
Earnings season in full swing
The company’s bottom line decreased to AED 100.9 mn
Posted inMOVES
Mered appoints Michael Belton as new CEO
Belton will focus on expanding the company’s portfolio in the UAE
Posted inALSO ON OUR RADAR
Abu Dhabi to get Mandarin Oriental-branded project
PLUS: Finance House to funnel AED 300 mn into the ADX