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The acquisition will make STG the largest shareholder in DME Holdings
Author Archives: enterpriseam
Posted inINVESTMENT WATCH
Dubai + Pakistan ink USD 3 bn agreements on rail and a new economic zone
DP World will develop the infrastructure of Pakistan’s Qasim International Container Terminal
Posted inINVESTMENT WATCH
G42 invests big in new edge computing company
G42 is the leading investor in Analog, with the investment amount is undisclosed
Posted inLEGISLATION WATCH
A new law for public-private-partnerships
The law was enacted on 1 December 2023
Posted inINVESTMENT WATCH
More details on Amea Power’s Mozambique project
The plant will have a capacity of 125 MW and will offset 232k tons of CO2 annually
Posted inSTARTUP WATCH
Travel tech platform Tumodo secures USD 35 mn in pre-seed funding round
The funding will support Tumodo’s growth in the UAE market and product development
Posted inEARNINGS WATCH
Sharjah Islamic Bank reports 2023 results
Operating profits rose 23% y-o-y to AED 2 bn
Posted inMOVES
UBP Middle East has a new CEO + Sharjah Government appoints new dep’t heads
UBP appointed Mohamed Shoukry as its CEO, succeeding Mohamed Hamed Abdellatif
Posted inKUDOS
70 hotels in Dubai secure sustainability stamp
The hotels include Raffles, Rove City Walk, and Pullman Dubai Downtown