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The company’s revenues reached USD 886 mn during the previous quarter
Author Archives: enterpriseam admin
Posted inCAPITAL MARKETS
Drake & Scull can now relist on the DFM after raising AED 450 mn in capital boost
The capital increase comes as part of wider restructuring plans after it was suspended from trading on the DFM in 2018
Posted inCAPITAL MARKETS
Emirates NBD’s asset management arm launches its debut public fund in DIFC
FundStar’s investors will have access to foreign funds in highly regulated jurisdictions
Posted inDEBT WATCH
Shuaa Capital eyes AED 250 mn bonds to settle debt repayments –report
The company fully settled AED 500 mn in margin facilities with multiple UAE banks earlier this month
Posted inSTARTUP WATCH
Lune closes USD 1.5 mn seed round
The startup is poised to partner with a major payments firm
Posted inEARNINGS WATCH
Emirates, Salik, and more report 1Q earnings
More earnings: Emirates, Ras Al Khaimah for White Cement and Construction Materials, Rapco Investment, Salik, Air Arabia, Phoenix, and others
Posted inMOVES
AlgoQuant comes to Dubai + Wipro appoints CEO for AMEA unit. PLUS: M42 gets an advisory board
The firm appointed Michael Ashby as its CEO
Posted inALSO ON OUR RADAR
Mubadala reveals gas discovery offshore Indonesia
PLUS- Binghatti acquires steel plant in Dubai