Dubai’s annual inflation during April hits 3.9%
Author Archives: enterpriseam admin
Posted inM&A WATCH
RedBird IMI completes acquisition of UK-based All3Media
The acquisition is RedBird IMI’s largest to date
Posted inECONOMY
S&P maintained Sharjah’s sovereign credit rating with a stable outlook
The ratings agency has revised its forecast for the emirate’s GDP growth to 2.7% in 2025
Posted inMANUFACTURING
Zero Gravity to launch USD 300 mn EV facility in Abu Dhabi
The facility will convert traditional bus engines to electric engines and manufacture public transport buses and other EVs
Posted inSPOTLIGHT
Behind Swvl’s turnaround
The Nasdaq-listed startup has seen its share price rise 928% over the past six months
Posted inEARNINGS WATCH
Mubadala reaches AED 1.1 tn in assets under management + Takaful Emarat posts 1Q results
Mubadala grew its assets to AED 1.11 tn last year, while Takaful Emarat posted a net loss of AED 8.98 mn in 1Q
Posted inSTARTUP WATCH
Revent secures USD 900k in a pre-seed funding round
The funding will be used to expand in Saudi Arabia and construct an SaaS platform
Posted inALSO ON OUR RADAR
Dubai AI cluster is now online
PLUS: PureHealth launches Sakina, a mental health platform + SIB joined e&’s blockchain trading platform, Haifin