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PLUS: G42 healthcare arm will launch biobank in Masdar City next year
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
US quadruples tariffs on Chinese EVs to 100%
The White House is increasing tariffs on USD 18 bn worth of Chinese imports
Posted inCALENDAR
MAY 12-16 May (Sunday-Thursday): European Film Festival, Cultural Foundation, Abu Dhabi. 13-15 May (Monday-Wednesday): Food Innovation Conference 2024, Jumeirah Emirates Tower, Dubai. 13-15 May (Monday-Wednesday): The Abu Dhabi Global Healthcare Week, Abu Dhabi. 14-15 May (Tuesday-Wednesday): Seamless Middle East, Dubai World Trade Centre. 14-16 May (Tuesday-Thursday): The Airport Show, Dubai World Trade Centre. 15 May […]
Posted inWHAT WE’RE TRACKING TODAY
UAE launches new AI model to compete with Meta, Google
Plus: Bilingual chatbot Jais is now available on iOS
Posted inENERGY
Adnoc Drilling sets up JV after bagging USD 1.7 bn contract + reports 1Q 2024 earnings
The company’s revenues reached USD 886 mn during the previous quarter
Posted inCAPITAL MARKETS
Drake & Scull can now relist on the DFM after raising AED 450 mn in capital boost
The capital increase comes as part of wider restructuring plans after it was suspended from trading on the DFM in 2018
Posted inCAPITAL MARKETS
Emirates NBD’s asset management arm launches its debut public fund in DIFC
FundStar’s investors will have access to foreign funds in highly regulated jurisdictions
Posted inDEBT WATCH
Shuaa Capital eyes AED 250 mn bonds to settle debt repayments –report
The company fully settled AED 500 mn in margin facilities with multiple UAE banks earlier this month
Posted inSTARTUP WATCH
Lune closes USD 1.5 mn seed round
The startup is poised to partner with a major payments firm