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The UAE also ranked 15th globally for outward FDI in 2023s
Author Archives: enterpriseam admin
Posted inM&A WATCH
Bayanat-Yahsat merger gets shareholder approval
The merger is expected to come into effect in 2H 2024
Posted inTRANSPORT
Emirati-Omani consortium snags USD 1.35 bn contract for UAE-Oman rail link
The link — also known as the Hafeet Railway — is 303 km long and connects Oman’s Sohar Port to Abu Dhabi
Posted inEARNINGS WATCH
Mashreq, Emirates NBD, ADCB, and United Arab Bank post solid 1Q earnings
The banks continue to post robust earnings, following a record-breaking year for Emirati banks’ bottom lines
Posted inSTARTUP WATCH
Shorages closes USD 1 mn pre-series A funding from Saudi-based Joa Capital
The funding round will allow Shorages to expand its operations in the GCC
Posted inMOVES
Dnata appoints new airport operations senior VP + Shakeup at Shuaa
Hopkins will oversee dnata’s ground handling and cargo operations at 97 airports in 16 countries
Posted inUAE IN THE NEWS
Climate change behind the intensity of last week’s storm
PLUS: How G42 fits into the US-China tech race
Posted inALSO ON OUR RADAR
Another step closer to flying taxis
PLUS: More from Samana Developers, the CBUAE, Abu Dhabi’s Reaching the Last Mile, and Sharjah