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The businesses that were targeted for the acquisition are ADH Hospitality, Murban (BVI) Holding, and Hill View Resorts in the Seychelles
Author Archives: enterpriseam admin
Posted inM&A WATCH
German Mitgo acquires finance platform Embedded
Embedded founder will lead the new platform
Posted inECONOMY
FinMin posts AED 24.6 bn budget surplus in 4Q 2024
Revenues hit AED 155.9 bn while expenditures amounted to AED 131.3 bn for the quarter
Posted inEARNINGS WATCH
Majid Al Futtaim and DP World report 2023 earnings
The company’s consolidated revenue rose 1% to AED 34.5 bn during the year
Posted inMOVES
Cavendish Maxwell boosts talent in UAE offices
The property consultancy firm enacted four senior promotions across its UAE offices
Posted inKUDOS
The UAE law firms snagging awards at Chambers Middle East Awards + UAE jumped up four spots in the UNDP’s gender equality index
Plus: A new nonprofit for charitable donations and Phoenix bags bitcoin miner of the year award
Posted inUAE IN THE NEWS
Quincy Promes’ detention in Dubai dominates headlines on the UAE in the foreign press
Promes was arrested earlier this month on what UAE officials said was a local offense
Posted inALSO ON OUR RADAR
G42 to develop AI corporate assistant
PLUS: Visa, Paymate and Merex partner to develop a B2B digital rental payments system
Posted inPLANET FINANCE
Crypto rally spurs VC activity
Digital assets are seeing a bull run, with Bitcoin notching record highs over the past week