IHC’s Alpha Wave Global is joining a roughly USD 1 bn raise for Adani Airport Holdings and Azizi is unveiling an AED 30 bn mega-project in Sharjah — the fourth AED 30 bn+ launch from a heavyweight ...

Their share of global greenfield FDI rose to 10.5% from 6.5% as investors concentrated capital in fewer but larger projects ...

Azizi Developments will unveil its latest project, the AED 30 bn Azizi Florence, in Sharjah — its first in the emirate — at a Dubai launch event today, according to a press release. The development ...

The first 10 satellites are already being built in Abu Dhabi, with onboard AI set to process events in orbit and send alerts within seconds ...

The UAE’s biggest lender, First Abu Dhabi Bank, priced its USD 500 mn five-year senior unsecured bond at US Treasuries plus 90 basis points, Zawya reports. The bond carries a 5.456% coupon. Orders ...

Majid Al Futtaim (MAF) reported record first-half EBITDA of AED 2.5 bn, up 11% y-o-y, with net operating income after tax rising 25% to AED 1.8 bn, according to its earnings release. Revenue rose 1.4% ...

China State Construction Engineering Corporation Middle East secured an AED 5 bn contract for a new HQ and Jumeirah Residences Emirates Towers ...

BACKGROUND- The move follows the formation of Borouge Group International — a USD 60 bn platform combining Borouge, Borealis, and Nova Chemicals — in April, after their merger was completed. The ...

Adani Airport Holdings is raising INR 98.2 bn (c. USD 1 bn) in primary equity from a consortium that includes UAE's International Holding Company (IHC) subsidiary Alpha Wave Global, alongside Premji ...

One hurdle is already out of the way: Jio secured SEBI approval on 28 August after filing its draft papers in June. The offering covers up to 270 mn new shares, equivalent to roughly 2.9% dilution, ...

FAB’s opening spread lands almost exactly on the UAE corporate USD curve — 115 bps over Treasuries as of 21 August, according to a Fitch report shared with EnterpriseAM earlier — which is wider than ...

Growth is increasingly fueled by high net-worth individuals, not just institutional investors like pensions and endowments ...