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Good morning, wonderful people, and happy Monday. We have a relatively brisk issue of news today following a slightly uneventful weekend — let’s dive in. But first: Happy Holi to our Indian readers. We hope this holiday brings you peace and joy. THE BIG STORIES here at home are all M&As: MBC Group acquired a 13.7% […]
Author Archives: enterpriseam admin
Posted inM&A WATCH
MBC Group snaps up a nearly 14% stake in Anghami ahead of OSN-Anghami merger
Anghami’s share price rose 74% since the transaction
Posted inM&A WATCH
AD Port acquires majority stake in Georgia’s Tbilisi Dry Port
The project is slated for completion by 4Q 2024
Posted inM&A WATCH
International Resources Holding completes Mopani Copper Mines in Zambia acquisition
Previous reports stated that IRH would invest USD 1.1 bn for a 51% stake
Posted inBanking
Could exposure to high-emitting sectors pose liquidity, legal risks to GCC lenders?
70% of the region’s rated banks offer sustainability-labeled products
Posted inENERGY
Kowepco and EDF set to build UAE’s 1.5 GW Khazna solar project
This will be the pair’s third UAE solar venture
Posted inEARNINGS WATCH
Orascom Construction reports net income rise as backlog records record high
The company’s new awards rose 234.3% y-o-y in 4Q to USD 1.9 bn
Posted inMOVES
Sultan Al Jaber re-elected Adnoc Drilling chairman
PLUS: Ahmad Al Falasi reappointed as Space Agency chairman