Ghitha Aeroinvest will acquire 44% of a Turkish air freight company, while Invictus is eyeing 60% of a Moroccan agriculture trader
Author Archives: enterpriseam admin
Posted inM&A WATCH
Maqta Gateway acquires 60% stake in Dubai Technologies for AED 28 mn
The acquisition will see Maqta Gateway integrate Dubai Technologies’ port digitization systems into its own in-house solutions
Posted inIPO WATCH
Expect at least five more IPOs in the UAE this year
The UAE ranked first in the region in terms of generated proceeds in 2023
Posted inREAL ESTATE
Aldar earmarks AED 5 bn for new Abu Dhabi assets
Aldar plans to up its commercial leasable area by 31% to 549k sqm
Posted inFINTECH
We have a new revenue-based financing platform in town
The fintech is pledging an AED 1 bn credit wallet for SMEs in the region
Posted inSTARTUP WATCH
AI dubbing company CAMB.AI bags USD 4 mn in seed round
The funding will be used to further develop and expand the company
Posted inEARNINGS WATCH
Fujairah Building Industries records AED 18 mn bottom line in 2023
Bottom line growth came on the back of reduced input costs and fuel expenses
Posted inMOVES
Abu Dhabi Airports appoints new CEO + Investment Ministry has a new undersecretary
Sorlini has over 20 years of experience in aviation
Posted inTRENDING
Jordan beats South Korea in the Asian cup
The match referee was Emirati Mohammed Abdulla