The new company will invest in AI infrastructure, semiconductors, and AI core technologies and applications
Author Archives: enterpriseam admin
Posted inBUDGET WATCH
Abu Dhabi to invest AED 66 bn in 144 projects
ADPIC unveils 144 projects across the emirate, with a combined budget of AED 66 bn
Posted inM&A WATCH
Alpha Dhabi receives acquisition offer for three subsidiaries
The three companies were part of Murban’s asset portfolio before Alpha Dhabi acquired Murban
Posted inENERGY
Masdar launches hurricane-resistant solar plant in Caribbean
The facility will slash over 1 mn kg of CO2 emissions
Posted inENERGY
Petrofac lands USD 200 mn contract for Galkynysh field operations
The contract builds on Petrofac’s previous EPC project for Turkmengas
Posted inDEBT WATCH
Investcorp Capital secures USD 800 mn RCF from regional and int’l lenders
The proceeds from the facility will go towards its investment strategy and a receivable payment owed to Investcorp
Posted inMOVES
First Abu Dhabi Bank’s global markets head, other senior bankers step down
The changes mark the latest in a series of management shake-ups
Posted inALSO ON OUR RADAR
Aramex sets up regional HQ in Riyadh + HK’s Infiniti Capital Management opens Abu Dhabi office
Aramex first announced plans to set up a regional HQ in Saudi Arabia in 2021