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The kingdom sold USD 12 bn of bonds yesterday
Author Archives: enterpriseam admin
Posted inDIPLOMACY
Azerbaijan and Mongolia MoUs + Winter aid to Gaza
UAE, Azerbaijan ink several MoUs: Officials from Azerbaijan and the UAE inked a strategic partnership between the countries during President Mohamed bin Zayed Al Nahyan’s visit to the country yesterday, state news agency Wam reports. The two sides also inked agreements to expand cooperation, pledging to push investment cooperation in power transmission projects and rolling […]
Posted inCALENDAR
JANUARY 8-11 January (Monday-Thursday): SteelFab 2024, Sharjah Expo Centre 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, Dubai World Trade Centre. 10 January (Wednesday): Mohammed Bin Rashid Al Maktoum Creative Sports Award 10-11 January (Wednesday-Thursday): 1 Bn Followers social media summit, […]
Posted inWHAT WE’RE TRACKING TODAY
President bin Zayed in Baku + Adnoc is acquiring 10.1% of Storegga
Good morning, wonderful people, and welcome what is shaping to be a rather mellow Tuesday. THE BIG STORY here at home is Adnoc acquiring a 10.1% stake in UK carbon capture company Storegga, as part of the company’s fourth funding round. Adnoc’s equity investment marks the first time Storegga has received funding from the MENA […]
Posted inM&A WATCH
Adnoc acquires 10.1% stake in UK carbon capture company Storegga
This is Adnoc’s first international investment in carbon management
Posted inMANUFACTURING
Hamriyah Freezone to get a new AED 30 mn steel plant
The plant is expected to manufacture 30k tons of steel annually
Posted inDEBT WATCH
FAB sets price guidance for sukuk issuance
The final spread was reduced from the guidance of 100 bps set earlier in the day
Posted inCAPITAL MARKETS
Lunate to launch maiden Indian stocks ETF
Lunate will list the fund on the ADX
Posted inSTARTUP WATCH
Travel tech player Lokalee closes USD 5.6 mn round + Agri-trade fintech Maalexi raises USD 3 mn
MENA venture capital firm Global Ventures led the funding round
Posted inMOVES
ADX gets new chairman + 2PointZero appoints Sheikh Zayed Al Nahyan as Chairman, Mariam Almheiri as CEO
Ghannam Butti Al Mazrouei is the new chairman of the Abu Dhabi Securities Echange