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Sukuk issuances surged by 115% in 2023
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Mozambique approves DP World’s USD 2 bn Maputo port expansion + Omniyat eyes AED 10 bn investments in Marasi Bay Marina
The expansion will see further investments of some USD 1.1 bn into the port by 2033
Posted inM&A WATCH
DHL Global Forwarding takes full control of Danzas AEI Emirates
The acquisition involves the transfer of 1100 logistics employees and the ownership of 20 facilities
Posted inLEGISLATION WATCH
Government could form new Zakat + Islamic Affairs authority
The Federal National Council discussed two proposed draft laws
Posted inLEGISLATION WATCH
Abu Dhabi gets a heritage authority + 60 new modern heritage sites
The new heritage authority replaces the Emirates heritage club and the Abu Dhabi cultural programs and heritage festivals committee
Posted inEARNINGS WATCH
NBF reports 113% jump in 2023 net income
NBF achieved record-breaking operating revenues of AED 2.3 bn, up 25.8% y-o-y
Posted inUAE IN THE NEWS
Misra eyes more GCC funds + Telegraph takeover gets more ink
Former SoftBank CEO Rajeev Misra wants to boost the size of his fund to more than USD 10 bn