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Author Archives: enterpriseam
Posted inMOVES
Adnoc Gas taps new CEO + Magellan Capital loses portfolio manager -report
Al Nuaimi previously previously held the position of CEO of Adnoc LNG and manager of Adnoc’s gas strategy and master planning unit
Posted inENERGY
Adnoc Drilling closes Turnwell JV agreement with SLB and Patterson-UTI
The UAE drilling player sealed its Turnwell JV agreement with US partners
Posted inWHAT WE’RE TRACKING TODAY
THIS MORNING: TII rolls out new LLM + Drone deliveries kick off in Dubai Silicon Oasis
Plus: The Iraqi Stock Exchange (ISX) is mulling joining the ADX’s Tabadul Digital Exchange Hub
Posted inPLANET FINANCE
M&A activity rebounds with USD 3.5 tn in transactions in 2024, ending two-year decline -Bain
The Middle East saw inbound and domestic M&A activity surge 88% y-o-y
Posted inSTARTUP WATCH
Embedded SME lending startup CredibleX secured USD 55 mn in debt and equity seed funding
The newly raised funds will drive the company’s expansion plans
Posted inALSO ON OUR RADAR
Mashreq advises on Turkish Vakıfbank’s USD 870 mn loan facility
Plus: Modon and Four Seasons inaugurated a five-star hotel in Morocco
Posted inSPACE
Space42 extends new AED 18.7 bn contract with gov’t for satellite communication services
The contract will see the company offer its services to the government until 2043
Posted inINVESTMENT WATCH
Anghami secures USD 55 mn in a funding round from OSN
The new funding will allow Anghami to expand its content library, upgrade its technology, and strengthen its presence in the region