Author Archives: enterpriseam admin
Posted inM&A WATCH
UAE investor Soven 1 Holding to acquire Belarusian lender from Austria’s RBI
The transaction is expected to close sometime in 4Q 2024
Posted inM&A WATCH
Japan’s SBI Holdings, former US Fed official buy into Gateway partners
Gateway will launch more funds next year
Posted inDEBT WATCH
AD Ports refinances USD 2.25 bn loan to benefit from lower interest rates
The move comes after the Central Bank of the UAE cut the overnight deposit rate by 50 basis points
Posted inINVESTMENT WATCH
German ins. tech startup Wefox ends its dispute with stakeholder Mubadala
Mubadala led a round in 2022 that valued the startup at USD 4.5 bn
Posted inUAE IN THE NEWS
AI investments + plans to boost the number of Emiratis are in the spotlight
The government’s Emirati Family Growth Program to address dwindling birth rates got ink
Posted inALSO ON OUR RADAR
G42, Nvidia open climate tech lab in Abu Dhabi
PLUS: Samana Developers establishes AED 150 mn contracting company
Posted inPLANET FINANCE
US banks reaped USD 1 tn in windalls from high interest rate environment
Banks are expected to pass some of the recent half-percentage-point rate cuts onto depositors
Posted inDIPLOMACY
Russia + UAE discuss trade and investment potential
Bilateral parliamentary cooperation was another topic of discussion