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24 June (Monday): The deadline for shareholders of Ras Al Khaimah White Cement to sell their shares to Ultratech. Signposted to happen sometime in 1H 2024: Spinneys inaugurates its first store in KSA JULY 7 July (Sunday): Islamic new year, national holiday. AUGUST 3 August (Saturday): UFC Fight Night, Etihad arena, Abu Dhabi. 21-22 August […]
Author Archives: enterpriseam admin
Posted inWHAT WE’RE TRACKING TODAY
Another ADX-Tadawul listing soon?
Plus: Mubadala mulls sale of Wefox
Posted inECONOMY
CBUAE revises its GDP growth forecast for 2024 downward
The central bank expects the economy will grow at a 3.9% clip in 2024
Posted inECONOMY
Dubai accounted for more than half of tech FDI into the region last year –fDI Markets
Overall, the UAE attracted 257 projects in 2023
Posted inBanking
Bank investments reach a record high in March
Gross credit grew 8% y-o-y to AED 2.047 tn
Posted inINVESTMENT WATCH
DP World eyes USD 3 bn in port investments in Africa
The logistics giant is considering investments in the partial privatization of South Africa’s Transnet and the port of Lamu in Kenya
Posted inINVESTMENT WATCH
Shorooq Partners backs Turkish telecom startup with USD 5 mn investment
Roamless has a leadership team posted in Turkey
Posted inSTARTUP WATCH
Qstay closes USD 4.6 mn pre-series A round
The funding was raised through a combination of conventional and convertible debt