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A Masdar consortium is making another big investment in Egypt’s solar industry: Masdar and consortium partners Infinity Power and Hassan Allam Utilities will build solar power plants in Upper Egypt with a combined capacity of 1 GW at a cost of USD 900 mn after the Egyptian government greenlit the move, Asharq Business, citing an […]
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Adani Ports snaps up 80% of Dubai’s Astro for USD 185 mn
The acquisition will boost APSEZ’s fleet to 168 vessels
Posted inDEBT WATCH
Emirates NBD arranges EUR 350 mn facility for Beko BV
The debt offering was 200% oversubscribed
Posted inM&A WATCH
Dubai’s Sunset acquires majority stake in restaurant operator Maximal
The acquisition will boost Sunset’s foothold into the US and Canada
Posted inDISPUTE WATCH
Shuaa Capital faces with AED 22 mn lawsuit from former executive
The lawsuit claims labor dues
Posted inALSO ON OUR RADAR
Nomura to expand Dubai team
India’s FirstCry earmarks AED 50 mn for UAE expansion
Posted inPLANET FINANCE
From rate-watchers to recession hawks, it’s all eyes on Friday’s US jobs report
Payroll figures will feature heavily in the Fed’s decision this month on whether to start cutting interest rates — and by how much
Posted inCALENDAR
SEPTEMBER 31 August-8 September (Saturday-Sunday): Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX), Adnec Centre, Abu Dhabi. 4-5 September (Wednesday-Thursday): 2024 International Government Communication Forum, Expo Centre Sharjah, Sharjah. 5 September (Thursday): du’s Envision, Atlantis the Royal, Dubai. 5 September (Thursday): Deadline to apply for the sixth edition of Access Sharjah Challenge. 5 September (Thursday): […]
Posted inWHAT WE’RE TRACKING TODAY
NMDC Energy’s book building process kicks off + EGA, Brands for Less eye more expansion and acquisitions
Plus: CBUAE’s T-Sukuk auction 5.7x oversubscribed