enterpriseam admin, Author at UAE

UAE and China ink MoU on smart energy development

by enterpriseam adminUAE EditionDecember 20, 2023

The agreement employs AI-powered smart grids to upgrade our power systems

by enterpriseam adminUAE EditionDecember 20, 2023

DECEMBER 8-31 December: Abu Dhabi MOTN Entertainment Festival 8 December-14 January: Dubai Shopping Festival, City wide. December 21-23: Abu Dhabi World Tennis League 2024 JANUARY 1 January (Monday): New years day, national holiday. 9-11 January (Tuesday-Thursday): Dubai International Pharmaceuticals and Technologies Conference and Exhibition, Dubai World Trade Centre. 9-11 January (Tuesday-Thursday): Gulf Print and Pack, […]

WHAT WE’RE TRACKING TODAY

THIS MORNING: Adnoc plans revised bid for Germany’s Covestra + AD Ports reportedly eyeing a stake in a major Turkish port

by enterpriseam adminUAE EditionDecember 19, 2023

Good morning, friends. The news cycle picked up the pace overnight after giving us a relatively calm start to the week, with plenty of news to sink our teeth into on this slightly cloudy Tuesday morning. THE BIG STORY here at home is all the M&A action, from updates to Adnoc’s planned takeover of Germany’s […]

M&A WATCH

Adnoc plans to submit a revised offer for Germany’s Covestro

by enterpriseam adminUAE EditionDecember 19, 2023

The two companies have been

INVESTMENT WATCH

Abu Dhabi fund to pour USD 2.2 bn in Chinese EVs

by enterpriseam adminUAE EditionDecember 19, 2023

CYVN to pour USD 2.2 bn into Tesla’s Chinese rival Nio: CYVN Holdings, an investment firm owned by the Abu Dhabi government, has agreed to a c.USD 2.2 bn equity investment in Chinese electric vehicle manufacturer Nio, the Shanghai-based company said in a statement yesterday. The details: Under the share subscription agreement, CYVN will invest […]

M&A WATCH

Allo Jadwa

by enterpriseam adminUAE EditionDecember 19, 2023

Blackspoon is planning to grow across the Gcc, with a primary focus on KSA

INVESTMENT WATCH

BlackRock to invest USD 400 mn in Dubai decarbonization firm

by enterpriseam adminUAE EditionDecember 19, 2023

BlackRock to pour USD 400 mn into Positive Zero:Dubai-based decarbonization firm Positive Zero is set to receive an investment of USD 400 mn from global asset management firm BlackRock through a diversified infrastructure fund affiliated to BlackRock, according to a statement released yesterday. The investment will support Positive Zero’s goal of accelerating the transition to […]

CAPITAL MARKETS

Sharjah tops up sukuk listing on Nasdaq Dubai

by enterpriseam adminUAE EditionDecember 19, 2023

The new offering will be added to Sharjah’s latest USD 750 mn issuance

REGULATION WATCH

Private teacher work permits extend to private schools

by enterpriseam adminUAE EditionDecember 19, 2023

Private school teachers can now offer lessons to students outside of school following a decision from the Human Resources and Emiratisation Ministry and the Education Ministry issued yesterday. The ruling, which makes the Private Teacher Work Permit available to people working in the private sphere, is intended to curb illegal and unregulated practices in private […]