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Author Archives: enterpriseam admin
Posted inM&A WATCH

Phoenix Group gets green light to acquire 12.5% of Rekt Studios

by enterpriseam adminUAE Edition

ADX-listed crypto firm Phoenix Group’s board approved yesterday the acquisition of a 12.5% minority stake in Dubai-based web3 gaming firm Rekt Studios in a USD 2.5 mn transaction, according to an ADX disclosure (pdf). The acquisition will be executed through Phoenix’s wholly-owned subsidiary, Phoenix INV Holdings. Expanding its footprint: Phoenix shelled out USD 187 mn […]

Posted inKUDOS

33 UAE company heads make Forbes’ most impactful real estate leaders in MENA list

by enterpriseam adminUAE Edition

Leaders at 33 UAE-based companies were named among Forbes’ The Middle East’s Most Impactful Real Estate Leaders 2024. Those among the top 10: Mohamed Alabbar, Emaar Properties (1) Talal Al Dhiyebi, Aldar Properties (2) Hesham Al Qassim, Wasl (4) Hussain Sajwani, Damac Properties (6) Naaman Atallah, Nakheel (9) P. N.C. Menon, Sobha Realty (10) President […]

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