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Author Archives: enterpriseam admin
Posted inPLANET FINANCE
US inflation slips in May, boosting hopes of more rate cuts this year despite policymakers signaling one rate cut
Plus: Is Saudi Arabia mulling changes to its capital markets tax regime?
Posted inDIPLOMACY
UAE, Austria discuss ramping up trade and investment ties
Plus: State Minister Noura Al Kaabi attended the Oslo Forum in Norway
Posted inCALENDAR
JUNE 15 June (Saturday): Arafat day, national holiday. 16-18 June (Sunday-Tuesday): Eid Al Adha, national holiday. 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 […]
Posted inWHAT WE’RE TRACKING TODAY
Alef Education debuts on the ADX in Abu Dhabi’s first IPO of the year
Plus: Covestro could grant Adnoc due diligence today
Posted inM&A WATCH
Adnoc Drilling, Alpha Dhabi JV to up stake in US tech firm
Enersol has more acquisitions in its pipeline
Posted inDEBT WATCH
Arada closes USD 400 mn sukuk
The issuance is the first under a new USD 1 bn sukuk program
Posted inINVESTMENT WATCH
Polynome Group plans to launch USD 100 mn AI startup fund
Tech company Polynome Group said it plans to set up a USD 100 mn AI startup fund on the sidelines of the Dubai Centre for AI Applications and National Program for AI’s AI Retreat, Wam reports. The company submitted an application to the Dubai Financial Services Authority, and is set to go live in 1Q 2025 […]