Author Archives: enterpriseam admin
Two big healthcare M&A to start your week
GII also plans to invest USD 1 bn in the US, India, and the Gulf over 12 months
Tabreed terminates CapitalMed contract with Egypt over FX concerns
Tabreed was to design, build, and operate a heating and cooling plant for CapitalMed under an AED 306.4 mn (USD 83.4 mn) contract
UAE estate prices surged 10.4% y-o-y in 2023
Property prices have grown over 14.1% compared to their pre-pandemic levels
Emirati manufacturers sign USD 2.2 bn projects with Bahraini, Jordanian firms
Emirates Steel will purchase 2 mn tons of raw iron from Bahraini steel producer for USD 2 bn
Warehousing startup Cargoz to expand in Saudi
Cargoz announced last year it has secured an undisclosed bridge round to accelerate expansion to the Kingdom
UAE X: So far so good in the Asian Cup
Despite being favorites, Al Abyad faced stiff competition from Hong Kong
Another hedge fund sets up in ADGM
Greg Coffey’s hedge fund arrival in Abu Dhabi got ink the foreign press:Australian hedge fund trader Greg Coffey has become the latest business magnate to set up shop in Abu Dhabi with the expansion of his asset management firm Kirkoswald in Abu Dhabi Global Market (ADGM), Bloomberg reports.
Abu Dhabi is getting a new medical city + ADIA invests in Indonesia’s infrastructure
HEALTHCARE- Abu Dhabi will build a medical city dedicated to women and children’s health, according to a statement from the Abu Dhabi Media Office. The facility will launch in 2027 and will include a new center of excellence — dubbed the Sheikh Khalifa Medical City (SKMC) center — for pediatric care, “the Corniche Hospital dedicated […]