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Author Archives: enterpriseam admin
Posted inCALENDAR
FEBRUARY 28 February-1 March (Wednesday-Friday): MENA Transport Congress and Exhibition 2024, Dubai. 28 February-5 March (Wednesday-Tuesday): Xposure International Photography Festival, Expo Centre Sharjah. 29 February-3 March (Thursday-Sunday): Gov Games, Dubai Festival City, Dubai. MARCH 1 March (Friday): Abu Dhabi Family Office Summit, Saadiyat Rotana. 1-3 March (Friday-Sunday): Art Dubai, Madinat Jumeirah. 5-6 March (Tuesday-Wednesday): MRO […]
Posted inWHAT WE’RE TRACKING TODAY
Chances of heavy rain and hail + It’s the last day of the WTO ministerial conference
Good morning, wonderful people. It’s a reasonably brisk news day as we start our slide into the weekend, giving us a healthy dose of M&A, debt, and real estate news. WTO MINISTERIAL- The UAE yesterday launched the Trade, Sustainability and Artificial Intelligence initiative, which is designed to use artificial intelligence to increase global trade’s role […]
Posted inM&A WATCH
Deus X Capital acquires Dubai crypto firm Hayvn + American PR firm Ruder Finn acquires PR agency Atteline
The acquisition is expected to be completed before 28 March.
Posted inDEBT WATCH
Sharjah narrows price guidance for USD 750 mn bond issuance
The price guidance was tightened from an initial
Posted inREAL ESTATE
Dubai property sales prices were up 18% y-o-y in 2023
Office rents in Dubai surpassed pre-pandemic levels by 20% in 2023
Posted inDISPUTE WATCH
Antwerp-Bruges Port ordered to pay EUR 41.3 mn in damages to DP World
The full payout, which will also factor costs and interest, could reach EUR 100 mn
Posted inSTARTUP WATCH
Dubai-based crypto startup Backpack bags USD 17 mn in funding round
Backpack was founded by former FTX employees
Posted inMOVES
A couple of resignations
Also: Umm Al Qawain’s Ports, Customs, and Freezone Corporation has a new executive director