United Printing & Publishing rebrands to E7 Group

Abu Dhabi’s United Printing & Publishing rebrands to E7 Group

The new brand identity combines ‘Emirates’ and ‘7’ and is inspired by the UAE’s unity and future-facing strategy

ADQ-backed publishing firm completes SPAC merger with ADC

Abu Dhabi publishing firm completes Dhs623m SPAC merger with ADC

The SPAC raised Dhs1.1bn of growth capital, including Dhs734m from the previously announced PIPE transaction


Saudi Arabia explores setting up framework for SPAC listings

Yazeed Saleh Aldemaigi, deputy of strategy and international affairs at Capital Market Authority didn’t give a time frame for when the framework could be introduced

Investcorp plans major ramp up of India assets to $5bn

The asset manager has been expanding holdings from the US to Asia as it seeks to reach assets of about $100bn

ADQ and Chimera Investments to launch UAE’s first SPAC on ADX

With the launch and listing of ADC, ADQ and Chimera aim to capitalise on ADX’s newly-issued SPAC regulations

NAsdaq New York

Dubai’s Shuaa Capital lists $100m SPAC on Nasdaq New York

It has priced its initial public offering of 10,000,000 units of Shuaa Partners Acquisition Corp I at $10 per unit

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UAE’s Securities and Commodities Authority approves GCC’s first SPAC regulatory framework

The framework will provide international investors with access to growth opportunities

Shailesh Dash

Charting the growth of SPACs

Are special purpose acquisitions companies becoming a serious alternate funding avenue for private companies?

Dubai investment firm FIM Partners considers raising SPAC

EFG Hermes agreed to buy a stake in FIM Partners in 2017