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Author Archives: enterpriseam admin
Talabat to IPO on DFM in 4Q 2024
The offering comes as Delivery Hero looks to boost its share price and support its balance sheet
Invictus to acquire South African flour milling firm
The acquisition comes as part of a strategy to expand its agro-food business in Africa
Crypto investors can soon withdraw and deposit AED, USD, and EUR on Crypto.com
Standard Chartered will offer Crypto.com banking and payment services
Dubai companies saw net income rise 30.9% y-o-y in 2Q 2024
Companies listed in Abu Dhabi saw profitability rise 4.7% y-o-y in 2Q
Verofax secures USD 3 mn bridge funding from multiple investors
The funding will be used for Verofax’s projects in the Middle East and EU
EGA saw its net income fall in 1H 2024, while Depa turned to the black
State-owned aluminum producer Emirates Global Aluminum’s (EGA) net income fell 6% y-o-y to AED 1.84 bn in 1H 2024, on the back of the impact of the corporate tax, it said in a statement. Meanwhile, revenues fell 5.48% y-o-y to AED 13.98 bn during the period, with sales of cast metal inching down 1.5% y-o-y […]
Alvarez and Marsal adds two bankers to its team in banking push
This follows the launch of its financial services industry segment earlier this year
Real estate still in focus + a look at DFM’s partnership with Shenzhen
Binghatti reported heightened demand from wealthy Turkish and Egyptian buyers