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Author Archives: enterpriseam admin
ADQ raises USD 2 bn in second bond issuance this year
The order book was 4.1x oversubscribed
Abu Dhabi awards exploration concession to Malaysian energy outfit in Al Dhafra
The concession grants Malaysia’s Petronas full rights to explore within a 7.3k sq km area in Al Dhafra
Digital energy investors Hodler + EHC Investments establish JV with projects lined up in UAE, KSA, and Egypt
The new entity will monetize wasted energy for AI and blockchain data center infrastructure in the three countries
Dubai on track to open more than 34 new hotels in 2024 in tourism push
The tourism sector is expected to increase its contribution to GDP in 2024 to 12%
Crypto ads now need to carry a warning in Dubai, as Vara cracks down on crypto marketing
Guidelines violations will incur fines of up to AED 10 mn
Dar Global posts USD 12.8 bn net loss in 1H 2024
Dubai-based luxury developer and subsidiary of Saudi-based Dar Al Arkan, Dar Global, reported a USD 12.8 bn net loss in 1H 2024, compared to a USD 20.8 mn profit in 1H 2023, according to its earnings release on the London Stock Exchange. The luxury real estate developer saw its revenue fall 59% y-o-y to USD […]
Establishing new avenues of fundraising through innovative structures
Mashreq enables its financial institution clients to diversify funding streams and tap into fresh liquidity opportunities. Watch what our team can do for you here.
Nuveen joins asset manager rush to Abu Dhabi
The financial planner will leverage Fadi Khouri’s expertise to launch operations