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Non-oil business activity eased to 55.3 in April, down from 56.9 in March
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Mubadala Capital plans more than USD 13.5 bn in investments in Brazil
Mubadala Capital will set up a new stock exchange in Brazil
Posted inIPO WATCH
Etihad Airways moves forward with planned IPO
The carrier selected Abu Dhabi Commercial Bank and Morgan Stanley as joint bookrunners on the potential IPO
Posted inM&A WATCH
Dubizzle acquires automotive news platform Drive Arabia + EGA completes Leichtmetall acquisition
Dubizzle wants to expand its automotive ad offerings and services
Posted inEARNINGS WATCH
NMDC, Tecom report bottom line growth in 1Q 2024
NMDC’s revenues reached AED 5.3 bn during the quarter, while Tecom’s rose to AED 564 mn
Posted inMOVES
New Dubai Council formed + Dubai Racing and Equestrian Clubs have new boards
Sheikh Rashid bin Dalmook bin Juma Al Maktoum will now chair the boards of the Dubai Racing Club and the Dubai Equestrian Club
Posted inALSO ON OUR RADAR
New gas reserves discovered in Sharjah
The well will undergo testing to determine the potential reserves quantities
Posted inPLANET FINANCE
Warren Buffett praises Apple after trimming positions — and is a bit freaked out about AI
Oracle of Omaha tells shareholders that AI is akin to letting the nuclear “genie” out of the bottle