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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 […]
Author Archives: enterpriseam
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
Posted inTRENDING
Just football on UAE X
There’s not much going on in the Twitterverse, save for praise for Liverpool FC’s Luiz #Diaz, who scored a 93rd minute goal to secure a 2-0 victory over Arsenal on Sunday, thus qualifying Liverpool to the next round of the FA Cup. He’s not the only player trending:Trent Alexander-Arnold, and Arsenal’s Bukayo Saka are also […]
Posted inUAE IN THE NEWS
Blinken’s stop in Abu Dhabi leads international headlines on the UAE
Blinken stopped off in Abu Dhabi as part of a tour of the region