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The acquisition is to boost the production and distribution of nitrogen fertilizers.
Author Archives: enterpriseam admin
Posted inM&A WATCH
FAB considers acquisition of Turkish lender Yapi Kredi
First Abu Dhabi Bank mulls acquiring Turkish lender Yapi Kredi
Posted inM&A WATCH
DP World is reportedly eyeing an acquisition of Hong Kong-based Cargo Services Far East
A takeover could be valued at as much as USD 400 mn
Posted inWAR WATCH
Airlines suspend + reroute flights following Iran attack against Israel
Jordan, Iraq, and Lebanon temporarily closed their airspaces
Posted inBanking
It’s going to get worse before it gets better for GCC banks with Turkish subsidiaries
Emirates NBD’s risk-weighted assets fell by some 60-70 bps
Posted inREGULATION WATCH
Dubai introduces new authority to regulate DIFC + local court disputes
The new Decree applies to all judicial bodies in Dubai
Posted inREGULATION WATCH
Abu Dhabi issues decree making environmental data reporting mandatory
Businesses must report their energy, water, and pollution levels annually under the new regulations
Posted inEARNINGS WATCH
Five Holdings + Union Coop report 2023 financial results
Five Holdings reported a higher bottom line y-o-y, while Union Coop’s earnings show losses
Posted inMOVES
Etihad taps interim COO. PLUS: New UN ambassador to the UN
The carrier is embarking on a global talent search to fill the position permanently