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Author Archives: enterpriseam admin
Posted inM&A WATCH
EU launches probe into e&’s USD 2.4 bn acquisition of PPF’s assets + Taqa, Criteria drop talks for Naturgy
The probe comes amid a rising wave of protectionism in the EU
Posted inM&A WATCH
Dubai-based Magellan Group snaps up majority stake in Danish Ship Finance
Magellan is set to own 90% of Danish Ship Fiance’s shares
Posted inM&A WATCH
Presight completes acquisition of AIQ for USD 350 mn
Presight snatched a 51% stake in the Adnoc-G42 JV
Posted inTELECOMS
Airbus to build two AED 3.9 bn satellites for Yahsat
The satellites are set to launch in 2024 and 2025
Posted inECONOMY
Abu Dhabi’s annual 1Q inflation hit 0.8%
Quarterly inflation decreased to 0.6% in 1Q
Posted inM&A WATCH
Alpha Dhabi bags shareholder approval to shed assets
Alpha Dhabi secured shareholder votes on several acquisitions
Posted inINVESTMENT WATCH
DP World invests over USD 500 mn to expand operations in Latin America
DP World will launch its USD 400 mn Bicentennial Pier expansion project in Peru
Posted inSTARTUP WATCH
Stake raises USD 14 mn to expand to KSA + Elevate raises USD 5 mn
Aramco’s Wa’ed Ventures and Mubadala are among those who participated in the funding round