Analysts are expecting the economy to have closed 2023 in recession
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Eagle Hills and Emaar line up investments in KSA’s hospitality sector
Eage Hills is finalizing talks with the wealth fund and plans to announce the details within a month
Posted inINVESTMENT WATCH
Alpha MBM could invest in USD 4 bn crude oil refinery in Uganda
Talks are expected to wrap within three months
Posted inM&A WATCH
Elite Co acquires cold chain logistics company in a multi mn-USD transaction
The acquisition will help Elite Co expand its range of logistics services
Posted inSTARTUP WATCH
Crysp Farms closes USD 2.25 mn pre-series A round led by GateCapital
The funding will help facilitate the company’s expansion across the region
Posted inEARNINGS WATCH
ADIB reports bumper 2023 earnings
ADIB's bottom line rose by 45%, while its top line reached AED 9.3 bn
Posted inEARNINGS WATCH
DIB’s net income rises 26% to AED 7 bn in 2023
The largest Islamic bank in the UAE’s total income stood at AED 20 bn during the year, up 43% y-o-y
Posted inTRENDING
UAE lose to Iran but qualify for knockout rounds of Asian Cup
The next match will see the Emirates face Uzbekistan