The USD 30 bn climate vehicle aims to mobilize investments for the Global South
Author Archives: enterpriseam admin
Posted inM&A WATCH
Canada’s Sonoro Energy to acquire 20% of UAE well manager
The acquisition will be finalized in 2Q 2024
Posted inDEBT WATCH
Mashreq’s USD 500 mn bond sale meets heavy demand, allows lender to lock in the lowest coupon by a UAE bank in past three years
The issuance was 4.4x oversubscribed
Posted inREAL ESTATE
Dar Global launches AED 900 mn RAK project
The interiors will be designed by British Aston Martin
Posted inDEBT WATCH
Taqa reaches financial close on Saudi AED 1.5 bn water project
Taqa owns a 35% stake in the project’s company
Posted inMOVES
Shuaa Capital appoints new COO and CCO + Mubadala taps senior private equity exec
The company also tapped Aarthi Chandrasekaran as head of asset management, and Mazen Farah as head of capital markets
Posted inUAE IN THE NEWS
UAE wants an AI “marriage” with the US, Al Olama says
The US has “frontier” and most cutting-edge technology, AI minister says
Posted inALSO ON OUR RADAR
Network International becomes first to roll out Jaywan cards for merchants
Plus: Aman Group, Etihad Airways, Emirates, Etihad Rail, and others
Posted inPLANET FINANCE
Ackman sells 10% of Pershing Square for USD 1.1 bn
The stake sale hands Pershing Square a high valuation compared to private equity groups that manage much larger asset pools