International Resources Holding is offering USD 1 bn for a 51% stake in Konkola Copper Mines
Author Archives: enterpriseam admin
Posted inM&A WATCH
Taqa’s Naturgy bid could hit resistance in Spain + Algeria, reports suggest
Spain has an “anti-takeover shield” in place that grants it the right to block foreign takeover bids
Posted inDEBT WATCH
Shuaa Capital restructures USD 150 mn debt
Bondholders can now convert some of their debt holding into equity in Shuaa
Posted inINVESTMENT WATCH
Masdar, Hidroelectrica to expand partnership
The firms will share equal ownership in the JV
Posted inDEBT WATCH
Masdar to finance Central Asia renewable projects with second green bond
The company intends to use the proceeds from the new bond issuance to finance projects in Central Asia
Posted inECONOMY
Dubai inflation mostly flat in March
The consumer price index in Dubai eased to 3.34%, slightly down from February’s 3.36%
Posted inECONOMY
Abu Dhabi’s non-oil foreign trade up 7% in 2023
Imports increased 19% y-o-y to over AED 136.4 bn last year
Posted inINS.
Are UAE ins. providers under pressure due to storm-inflicted damages? The jury’s out
UAE-based insurers saw 19% y-o-y income growth in 2023