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The UAE has been granted a higher production quota of 3.5 mn barrels per day in 2025
Author Archives: enterpriseam admin
Posted inM&A WATCH
FAB and Yapi Kredi terminate takeover talks
The talks reportedly fell through on the back of disagreements over pricing
Posted inSTARTUP WATCH
Growdash raises AED 6.8 mn in seed funding round
The company intends to launch its technology in restaurants in Saudi Arabia in 2024
Posted inUAE IN THE NEWS
The UAE has its eyes on becoming a “year-round” destination
Relaxed visa rules and increasing spending on travel infrastructure point to the country’s tourism ambitions
Posted inALSO ON OUR RADAR
Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan’s Socar
Plus: More from Masdar, EGA, MBRIF, Bajaj, Lucid, Adani, and DP World
Posted inPLANET FINANCE
Aramco secondary offering sells out within hours
The final allocation of shares and the offering’s final price will both be announced on Friday
Posted inDIPLOMACY
UAE, China agree to boost defense and renewables cooperation
Enec and the Chinese National Nuclear Energy Corporation signed an MoU to cooperate on nuclear energy
Posted inCALENDAR
MAY 28 May-4 June (Tuesday-Tuesday): Subscription period for retail investors for Alef Education’s IPO. 28 May-5 June (Tuesday-Wednesday): Subscription period for institutional investors for Alef Education’s IPO. JUNE 1 June (Saturday): Deadline for TiE Women MENA Programme 2024 applications. 2-4 June (Sunday-Tuesday): The World Air Transport Summit and International Air Transport Association (IATA)’s annual general […]
Posted inWHAT WE’RE TRACKING TODAY
Vehicle insurers to hike premiums on the back of the storm + President to attend G7 meeting in June
Plus: HSBC is making a play in the private banking space in the GCC