DTC set its indicative price range at AED 1.80-1.85 per share
Author Archives: enterpriseam admin
Phoenix Group closes IPO offering at 33x oversubscription rate
The crypto miner is offering 17.64% in the IPO
OSN+ and Anghami announce merger
The merger is expected to gather a revenue of USD 100 mn
Meet Alpheya
The USD 300 mn company will set up a wealth management tech platform
S&P affirms Sharjah’s credit rating + T&C assessment; outlook stable
Sharjah is expected to stabilize its debt-to-GDP ratio and improve fiscal performance
Abu Dhabi rolls out USD 299 mn Emirati-only neighborhood
The project will offer Emiratis 347 residential units
Moody’s forecasts robust UAE real estate market over next 12-18 months
There has been a 15% average increase in property prices in Dubai and Abu Dhabi since 2Q 2021
Yalla Group earnings jump in 3Q 2023
Yalla Group’s bottom line surged 44.3% to reach USD 35.2 mn in 3Q
War in Gaza + UAE v Bahrain top the conversation on Emirati Twitter
There’s tons of support for the Palestinian people and denouement of Israeli aggression leading the conversation on X in the UAE,with hashtags such (الوقف الفوري) calling for a ceasefire and urging solidarity with Gaza. We’re seeing a lot of chatter about Fadil Al Maksousi who died in as a result of American airstrikes in Iraq […]