Monthly Archives: October 2023

Business & Investments

MENA Mergers and Acquisition transactions totalled US$ 59.5 billion in first nine months of 2023

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MENA Mergers and Acquisition transactions totalled US$ 59.5 billion in first nine months of 2023

DUBAI, UAE – LSEG (London Stock Exchange Group) today released the third quarter 2023 investment banking analysis for Middle East and North Africa. 

INVESTMENT BANKING FEES

An estimated US$803.2 million worth of investment banking fees were generated in the Middle East & North Africa during the first nine months of 2023, 31% less than the value recorded during the same period in 2022 and the lowest first nine-month total since 2018.  Advisory fees earned from completed M&A transactions in the region totalled US$181.2 million, a 52% decrease from year ago levels and the lowest first nine-month total in five years.  Equity capital markets underwriting fees totalled US$165.5 million, down 39% from last year but reaching the second highest level in the last 15 years.

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Business & Investments

Ajman Holding & Mulk International forge joint venture

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Ajman Holding & Mulk International forge joint venture to elevate global presence in construction and other fields

Ajman Holding and Mulk International announces a joint venture to expand construction, sports and associated businesses globally that will see increased export of UAE-manufactured Alubond products as well as global expansion of the UAE home-grown T10 Cricket League in the coming years

His Highness Sheikh Abdul Aziz Al Nuaimi, Chairman of Ajman Holding, says: “We are committed to ensuring this cooperation transcends conventional boundaries, setting a benchmark for successful partnerships in the region and the global arena. Our combined efforts will not only fortify the domestic market presence of both the T10 League and Alubond but also drive their momentum to new global territories.”

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Shopping & Promotions

Kashkan by Ranveer Brar Shines with Festive Mehendi for Karwachauth Celebrations

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Kashkan by Ranveer Brar Shines with Festive Mehendi for Karwachauth Celebrations

Dubai, October 2023 – @KashKan by Ranveer Brar, the renowned Celebrity Chef restaurant in Dubai Festival City Mall, is all set to make this Karwachauth a memorable and joyous affair for all the wonderful women out there. To mark this auspicious occasion, the authentic Indian restaurant is inviting guests to experience the joy of the festive season with complimentary mehendi/henna.

As the sun sets on the evening of 31st October 2023, the doors of Kashkan will open at 7 pm, welcoming guests to indulge in a rich culinary experience while adorning themselves with stunning mehendi designs. The newly opened restaurant promises an enchanting ambience that perfectly complements the spirit of Karwachauth, allowing guests to revel in the celebration with their loved ones.

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Featured

Modernize your Veterinary Practice with EUROVETS

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Modernize your Veterinary Practice with EUROVETS

Dubai, United Arab Emirates, October 2023: Eurovets, a leading animal care equipment and supplies distributor in the UAE, is set to modernize the industry landscape with the launch of an array of innovative products and services. The company’s latest line-up includes urine sediment analyser, alternative therapy, pet nutrition, supplements, anaesthesia, and dental care, offering a solution to clinics that look forward to upgrading their facilities.

Among the game-changing offerings unveiled by Eurovets, the IDEXX SediVue- A Sediment Urine Analysis takes centre stage as a breakthrough diagnostic tool, promising unparalleled precision in the detection and management of urinary tract conditions. Furthermore, the introduction of VetBot’s Pet Treadmill signifies a leap forward in pet fitness and rehabilitation, underlining Eurovets’ commitment to promoting animal wellness through state-of-the-art technology.

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Featured

Joyalukkas Exchange Empowers Emiratization at Ethraa 3 Financial Sector Career Fair

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Joyalukkas Exchange Empowers Emiratization at Ethraa 3 Financial Sector Career Fair

Sharjah, UAE – Joyalukkas Exchange reaffirmed its commitment to fostering Emiratization and boosting the UAE’s financial sector by participating in the Financial Sector Career Fair-Ethraa 3. The event, organized by the Emirates Institute of Finance in collaboration with the Human Resources Department of the Sharjah Government, took place over two days on October 9th and 10th, 2023, at the Sharjah Chamber of Commerce.


Ethraa 3 provided an excellent platform for job seekers and potential employers in the financial sector. Joyalukkas Exchange, being an integral part of the UAE’s financial landscape, was keen to participate and support the national vision of empowering Emirati talent.

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