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The upgrade comes on the back of a stronger rebound in oil activity and export growth.
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Aldar wants to invest AED 1 bn in logistics
Aldar will set up its first logistics hub in Dubai
Posted inM&A WATCH
Gulf Capital offloads stake in AmCan
Gulf Capital exits stage left from AmCan: Abu Dhabi-based private equity giant GulfCapital sold off its controlling stake in sports nutrition and healthy foods distribution company AmCan to an unnamed MENA-based FMCG distributor, according to a press release (pdf). The transaction marked a “highly profitable” exit from the alternative asset manager’s third buyout fund, GC […]
Posted inINVESTMENT WATCH
Alpha Dhabi transfers 25% stake in Gordon Technologies to its JV with Adnoc Drilling
This marks the JV’s first strategic investment since its launch this past November
Posted inCRYPTO
Phoenix subsidiary buys BTC mining machines from Bitmain to boost hashing power
The acquisition follow’s Phoenix's successful IPO in December
Posted inMOVES
Q Holding appoints new leadership
The firm tapped Jassem Al Zaabi as its chairman and Abdullah Al Sahi as group MD
Posted inTRENDING
MbZ gets plenty of attention on UAE X
We’re a hit in India, as Mohamed bin Zayed Al Nahyan meets Nadendra Modi
Posted inUAE IN THE NEWS
Ice from Greenland, direct to your cocktail glass + IHC makes headlines
Greenland Ice + IHC woes
Posted inALSO ON OUR RADAR
Aramex has a new partner on cargo in Oman, UAE. Plus: Al Futtaim meets UL + ALEC boasts 150% growth + First successful liver transplant in Dubai
Odys and Aramex partnership and Al Futtaim meets with UL solutions