The investment bank is asking bondholders to restructure some USD 150 mn in outstanding bonds
Author Archives: enterpriseam admin
ADX, DFM rebalance benchmark indices + S&P rebalances two UAE indices
ADX added five companies to its FTSE indices
Masdar secures EUR 488 mn to fund Baltic Eagle wind farm acquisition, eyes acquisitions in India
The EUR 488 mn ticket is Masdar’s largest EUR-denominated financing
RAKBank taps Mohamed Omran Alshamsi as its new chairman
The bank elected Mohamed Omran Alshamsi as board chairman, and Shaikha Amneh AlQasimi as vice chairman
Du secures fintech license + Dubai is getting a new university
Plus: Infrastructure, healthcare, real estate, energy, logistics, and sports news
KSA’s Public Investment Fund is reportedly in talks to acquire Saudia
The move would see PIF consolidating Saudia within its growing aviation portfolio
President Mohamed bin Zayed Al Nahyan meets Angolan counterpart. PLUS: FinMin reps join Opec Fund Ministerial Council session
The two presidents discussed economy, trade, investment, development and renewable energy ties
MARCH 14 March-14 April (Thursday-Sunday): Dakakeen Festival, Khorfakkan Amphitheatre. 21 March (Thursday): Parkin shares begin trading. 21 March-10 April (Thursday-Wednesday): Ramadan Nights 2024, Expo Centre Sharjah. 25 March (Monday): E7 board of directors meeting to approve share split and buyback. 26 March (Tuesday): Chimera JPMorgan UAE Bond UCITS ETF to debut on the ADX. APRIL […]
MGX could invest in OpenAI’s chip and power production venture + Eagle Hills’ investment in Budapest could reach EUR 10 bn
Good morning, wonderful people, and happy Monday. It’s a slow start to the week as we close out the first Ramadan weekend, but we have an engaging issue for you to kick off the workweek. So, when do we eat? Maghrib is at 6:32pm in Dubai, and 6:36pm in Abu Dhabi. Fajr prayers are at […]