enterpriseam admin, Author at UAE

ENERGY

Petrofac lands USD 200 mn contract for Galkynysh field operations

by enterpriseam adminUAE EditionMarch 12, 2024

The contract builds on Petrofac’s previous EPC project for Turkmengas

DEBT WATCH

Investcorp Capital secures USD 800 mn RCF from regional and int’l lenders

by enterpriseam adminUAE EditionMarch 12, 2024

The proceeds from the facility will go towards its investment strategy and a receivable payment owed to Investcorp

MOVES

First Abu Dhabi Bank’s global markets head, other senior bankers step down

by enterpriseam adminUAE EditionMarch 12, 2024

The changes mark the latest in a series of management shake-ups

Uncategorized

by enterpriseam adminUAE EditionMarch 12, 2024

ALSO ON OUR RADAR

Aramex sets up regional HQ in Riyadh + HK’s Infiniti Capital Management opens Abu Dhabi office

by enterpriseam adminUAE EditionMarch 12, 2024

Aramex first announced plans to set up a regional HQ in Saudi Arabia in 2021

PLANET FINANCE

Private equity grapples with USD 3 tn worth of unsold companies

by enterpriseam adminUAE EditionMarch 12, 2024

The private equity industry is facing a severe liquidity crunch, with firms globally sitting on a whopping 28k unsold companies valued at USD 3.2 tn, according to consultancy Bain & Co's latest annual private equity report (pdf). Nearly half of assets have been held for four years or more, which the report says is the […]

CALENDAR

by enterpriseam adminUAE EditionMarch 12, 2024

MARCH 5-12 March (Tuesday-Tuesday): Subscription period for retail investors for Parkin’s IPO. 5-13 March (Tuesday-Wednesday): Subscription period for institutional investors for Parkin’s IPO. 21 March (Thursday): Parkin shares begin trading. APRIL TBC April: DRIFTx, Abu Dhabi. 9/10 April (Tuesday/Wednesday): End of Ramadan, public holiday. 8-12 April (Monday-Friday): Eid Al Fitr, public holiday. 16-18 April (Tuesday-Thursday): […]

REAL ESTATE

The UAE is getting its first digital rental payments platform

by enterpriseam adminUAE EditionMarch 11, 2024

Tenants can soon pay their rent digitally: Real estate app Keyper and central bank-regulated marketplace Direct Debit are partnering to launch the country’s first digital rental payments platform, Keyper said in a statement. The new system integrates Keyper’s Rent Now Pay Later service, offering tenants flexibility in making monthly digital payments while ensuring upfront payments […]