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This is the third month in a row that Opec+ revises down its outlook for global oil consumption
Author Archives: enterpriseam admin
Posted inM&A WATCH
Helmerich & Payne sells full stake in Adnoc Drilling
EFG Hermes managed the USD 197 mn accelerated book build
Posted inM&A WATCH
Mubadala-owned Kelix bio acquires four GlobalOne Healthcare pharma assets
The assets include biopharma and IV solutions manufacturing firms
Posted inDEBT WATCH
Rak Properties taps CBD to arrange AED 2 bn syndicated facility
Rak will use the facility to finance the development of luxury hotels and residential communities in Mina Al Arab
Posted inCONSTRUCTION
Mace to manage first phase of Dubai Exhibition Center’s AED 10 bn expansion
The expansion will include two additional phases, with the entire project set to be completed by 2031
Posted inCRYPTO
AED-pegged stablecoin is one step closer to becoming real
The firm plans to integrate the AE Coin into e-commerce platform payments
Posted inSTARTUP WATCH
Pip World lands USD 10 mn in seed funding from Exinity
PiP World will use the funding to expand into emerging markets
Posted inUAE IN THE NEWS
Our AI ambitions make headlines as Gitex kicks off
State-backed G42 launched Jais, a large Arabic language model and chatbot