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Mubadala expected to issue the sukuk as early this month
Author Archives: enterpriseam admin
Posted inBanking
Islamic banks’ loans crossed the AED 700 bn mark last year
Shariah-compliant issuances handed out by Islamic banks climbed 7.8% y-o-y to AED 428.9 bn in 2023
Posted inDEBT WATCH
Dubai Aerospace Enterprise secures USD 420 mn loan + Sharjah Islamic Bank grants Turkish wealth fund its first Murabaha financing
The plane lessor will use the funding to strengthen its capital base
Posted inINVESTMENT WATCH
Shorooq Partners leads USD 11 mn funding round for Hong Kong blockchain platform
The funding will go into expanding real-world asset tokenization efforts, focusing on market opportunities in the MENA region and Asia
Posted inM&A WATCH
Kuwait’s Al Mazaya, First Dubai complete merger
The merger will bring Al Mazaya’s capital to KD 52.6 mn
Posted inEARNINGS WATCH
Parkin posts 24.9% rise in 2023 net income
The company’s revenues are up 13.6% y-o-y
Posted inMOVES
Monroe Capital appoints new managing director for regional expansion
Plus: Waha Capital and Amanat tap C-suite execs, while RAK Properties gets a new chairman
Posted inUAE IN THE NEWS
The UAE is taking bullish leaps for AI
Plus: What’s happening with the UAE’s sustainable city?
Posted inALSO ON OUR RADAR
One Moto + Global Synergy Trading to expand into India
PLUS: Luxury hotel Delano to open Dubai branch