Plus: The UAE has sent USD 15 mn in aid for flood victims in Kenya
Author Archives: enterpriseam admin
My Morning Routine: Rami Younes, general manager and head of sales at Swisslog Middle East
In this industry, there's no one size fits all
MAY 5-10 May (Sunday-Friday): Sharjah Chamber of Commerce and Industry sends trade delegation to India. 5-10 May (Sunday-Friday): Dubai International Chamber sends trade mission to Indonesia and Vietnam. 8-12 May (Wednesday-Sunday): Schmetterling Annual Conference, Al Ain and Abu Dhabi. 12-16 May (Sunday-Thursday): European Film Festival, Cultural Foundation, Abu Dhabi. 13-15 May (Monday-Wednesday): The Abu Dhabi […]
New AED 16.8 bn Dubai transport strategy? + Spinneys shares start trading today
Good morning, lovely people. We have a tight issue for you this morning, with the newsflow remaining slow — in UAE terms — as conference season rumbles on. The dominant theme of today’s issue? M&A. We have news of a rejected takeover bid by Dubai-based infrastructure firm Sidara — formerly Dar Group — of British […]
Wood Group rejects Sidara’s GBP 1.4 bn takeover bid
Sidara’s deadline to submit another bid is 5 June
Mubadala-backed Cepsa sells upstream assets in Peru
The transaction is part of Cepsa’s 2030 green strategy
Aldar Properties launches USD 500 mn green sukuk
The issuance attracted USD 1.9 bn in orders
Adnoc L&S, Dubai Taxi, Dana Gas, and more report 1Q earnings
More earnings: Emsteel, Arada Developments, Sukoon Ins., Amlak Finance
UAE President appoints new directors at the Abu Dhabi Accountability Authority
Mohamed Saeed Al Qubaisi will head the Integrity and Anti-Corruption unit, and Wael Abdulqader Mahmoud the Auditing at Abu Dhabi Accountability Authority