Author Archives: enterpriseam admin
Posted inPRIVATIZATION WATCH-
More details on Dubai’s AED 40 bn PPPs
The emirate will develop water and sanitation projects valued at AED 25.5 bn
Posted inECONOMY
UAE economy to be a “top performer” in the GCC this year –World Bank
GDP is lifted up by higher oil output and a global economic recovery
Posted inM&A WATCH
Electra gets regulatory greenlight to acquire Egypt’s Elsewedy Electric
Elsewedy Electric will need to tap a financial advisor and clarify the board’s decision within the next 15 days
Posted inM&A WATCH
Rak White Cement gives nod to Ultratech’s stake acquisition bid
The company will proceed with the regulatory procedures for the acquisition to take place
Posted inBanking
Credit demand remained robust in 1Q 2024 -CBUAE
Dubai saw the strongest demand for business loans
Posted inTech
Khazna to develop 30 MW Mafraq data center
The investment is facilitated by ADIO’s Musataha initiative
Posted inDISPUTE WATCH-
Bildco approves FAB, AD Ports settlement agreement
AD Ports has waived its lawsuit against Bildco
Posted inKUDOS
ADIA labeled strongest sovereign wealth brand by Brand Finance + RTA receives sustainability awards
The investment authority has a brand value of USD 561 mn