enterpriseam admin, Author at UAE

M&A WATCH

Kuwait Finance House offloads AED 1.3 bn stake in Sharjah Islamic Bank

by enterpriseam adminUAE EditionAugust 22, 2024

Kuwait’s largest lender will sell its 18.2% stake at AED 2.2 apiece

BUSINESS

UAE corporates saw working capital stabilize in 2023 -PwC

by enterpriseam adminUAE EditionAugust 22, 2024

Some USD 50 bn in liquidity remains trapped on Mena corporates’ balance sheets

SPOTLIGHT

On s-linked finance, Gems Education’s landmark facility, and avoiding “froth” in ESG conversations

by enterpriseam adminUAE EditionAugust 22, 2024

Mashreq led negotiations for ESG goals linked with Gems’ USD 3.25 bn s-linked facility

EARNINGS WATCH

GulfNav posts 1H 2024 results

by enterpriseam adminUAE EditionAugust 22, 2024

GulfNav’s net income was down 11.2% y-o-y to AED 24.7 mn in 1H 2024

MOVES

Wynn Resorts names Wynn Marjan President

by enterpriseam adminUAE EditionAugust 22, 2024

Tappeiner will assume his new role starting 1 September

ALSO ON OUR RADAR

Mashreq launches IBAN verification for businesses

by enterpriseam adminUAE EditionAugust 22, 2024

Plus: More news from du, e&, ADTIC, Sav, Hitek, and Fujairah Natural Resources Corporation

PLANET FINANCE

Gold soars as investors pencil in September rate cuts and a weakening USD

by enterpriseam adminUAE EditionAugust 22, 2024

Gold prices are up 22% in 2024 so far

CALENDAR

by enterpriseam adminUAE EditionAugust 22, 2024

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 […]