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AUGUST 21-22 August (Wednesday-Thursday): Rex Fuels Global Expo & Conference 2024- Bitumen, Petrochemicals & Products, Dubai. 21-22 August (Wednesday-Thursday): Dubai Business Forum in Beijing, China. 23 August (Friday): NMDC’s general assembly to approve NMDC Energy IPO. 25 August (Sunday): Deadline to register for the AI Challenge. 27 August (Tuesday): New regulations on telemarketing calls will […]
Author Archives: enterpriseam admin
Posted inWHAT WE’RE TRACKING TODAY
ADGM publishes draft regulations for stablecoins + UAE mulling the acquisition of HSBC’s South African unit?
Plus: UAE airports see higher traffic in 1H
Posted inBanking
The UAE’s top 10 lenders’ net income rose to AED 21.5 bn in 2Q 2024
Total non-interest income fell 2.9% q-o-q
Posted inFINANCE
Magellan Capital to launch USD 700 mn hedge fund
The multi-strategy hedge fund will offer equity and credit strategies
Posted inINVESTMENT WATCH
Abu Dhabi’s Blockchain Center launches USD 100 mn fund with Gate Ventures
Falcon Ventures will collaborate with international regulatory bodies
Posted inENERGY
Adnoc inks development agreement with Petronas, Storegga to explore carbon capture and storage in Malaysia
The three plan to kick off the study later this year
Posted inSTARTUP WATCH
Pakistani fintech PostEx plans UAE expansion following pre-series A round
The funding round was led by Dubai-based Conjunction Capital
Posted inSTARTUP WATCH
Dubai-based e-mobility startup raises USD 15 mn
E Daddy plans to expand its e-bikes across the GCC and Africa