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Plus: UAE-Saudi consortium backs out of plan to redevelop central Cairo landmark building
Author Archives: enterpriseam admin
Posted inECONOMY
Foreign trade hit an all-time high of AED 1.395 tn in 1H
Non-oil exports rose by 25% y-o-y
Posted inM&A WATCH
Adia-backed consortium offers EUR 14 bn to take over DB Schenker
The CVC-led group offered EUR 16 bn for the German gov’t to reinvest in the company
Posted inINVESTMENT WATCH
AzurX Space Ventures invests AED 25.7 mn in UK-based Space Intelligence
The British company gathered funds to combat deforestation and climate change
Posted inMOVES
Ajman Bank has a new executive vice president CHRO
Ajman Bank wants to capitalize on Al Ali’s management experience
Posted inUAE IN THE NEWS
Investments in Africa + in UAE’s AI sector in the spotlight
ALSO- US Treasury sanctions Dubai-based White Fox Ship Management
Posted inALSO ON OUR RADAR
First district-liquid cooled data center in the UAE
ALSO- Etihad Water and Electricity to deploy advanced technologies for water conservation
Posted inPLANET FINANCE
Fed chief signals September rate cut as economic risks shift
US inflation fell under the 3% mark in July for the first time since March 2021