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The Emirati firm acquired the telecoms companies under a EUR 2.5 bn transaction
Author Archives: enterpriseam admin
Posted inDEBT WATCH
Binghatti takes debut benchmark USD sukuk to market
The funds will be used for land acquisition and debt restructuring
Posted inINVESTMENT WATCH
Dragon Oil has USD 500 to invest in Egypt + Edgnex to invest in Turkey data center
Dragon Oil wants to raise its production from the North Safa oil field in the Gulf of Suez to 8k bpd next year
Posted inREAL ESTATE
Innovo to build Majid Al Futtaim’s AED 1.13 bn Tilal Al Ghaf mansions project
The project is slated for completion by mid 2026
Posted inMOVES
Goldman Sachs Middle East co-head steps down to join logistics outfit Rapid Response
Selma Hassan will be joining logistics firm Rapid Response Services
Posted inALSO ON OUR RADAR
FedEx has a new air cargo hub at Dubai World Central
Plus: Tech, banking, education, retail, and startup news
Posted inPLANET FINANCE
Fed seen cutting rates in June
Since September, analysts have pegged the Fed’s first rate cut around the middle of 2024
Posted inDIPLOMACY
UAE and France launch climate investment platform
The platform will include the UAE's Masdar and Adnoc and France's TotalEnergies, Bpifrance, and CMA CGM