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The two companies will set up a USD 1 bn fund for AI developers
Author Archives: enterpriseam admin
Posted inIPO WATCH
Spinneys plans May DFM debut, KSA expansion this year
The supermarket chain plans to list its shares on the DFM on 9 May
Posted inECONOMY
IMF sees the UAE's economy growing 3.5% in 2024
The Fund projects GDP growth to reach 4.2% in 2025
Posted inM&A WATCH
ADQ to acquire 49% Stake in Alpha Dhabi Construction Holding
ADQ to acquire a 49% stake in Alpha Dhabi Construction Holding (ADCH)
Posted inM&A WATCH
Taqa in talks for potential takeover of Naturgy
Adnoc’s renewable energy subsidiary has reportedly been in talks to acquire 40% in Naturgy
Posted inINVESTMENT WATCH
Digital assets fund Liquid Triton establishes its global HQ in Abu Dhabi
The ADGM granted the company a preliminary FSP approval
Posted inBanking
Credit demand + appetite is on the up
The Central Bank’s report forecasts positive credit sentiments across households and corporates
Posted inREAL ESTATE
Dubai luxury market continued to gain traction in 1Q 2024
Prime residential prices in the emirate grew 26.3% y-o-y
Posted inINVESTMENT WATCH
GDA Capital invests USD 850k in U-Topia
The investment will be used to develop new features and support international expansion