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MAF’s retail revenues were flat amid dampened consumer sentiment
Author Archives: enterpriseam admin
Posted inALSO ON OUR RADAR
Drilling kicks off at EOG Resources-operated shale block in the UAE
Plus: Stronghold Capital secures DFSA approval to operate as a hedge fund manager in DIFC
Posted inPLANET FINANCE
USD under pressure on Fed cuts and independence doubts
The greenback has shed nearly 10% y-t-d, while the INR is the worst performer in Asia, down 3% y-t-d
Posted inDIPLOMACY
UAE president discusses cooperation with Saudi crown prince + Bissau-Guinean counterpart
UAE and Guinea-Bissau discussed strengthening ties across economic, trade, and development sectors
Posted inCALENDAR
SEPTEMBER 30 August-7 September (Saturday-Sunday): Abu Dhabi International Hunting and Equestrian Exhibition, Adnec Center, Abu Dhabi. 1-6 September (Monday-Saturday): Dubai Fashion Week, Dubai Design District. 7 September (Sunday) Opec+ meet to discuss production policy for October. 9 September (Tuesday): Envision 2025, Atlantis, The Royal, Dubai. 8-10 September (Monday-Wednesday): DigiHealth exhibition, World Trade Center, Dubai. 8-10 […]
Posted inWHAT WE’RE TRACKING TODAY
THIS MORNING: Sobha Realty on roadshow for maiden green sukuk + Airtel Africa mulls UAE as listing venue for Airtel Money
Plus: Mubadala’s Corient acquires heavyweight European wealth managers
Posted inM&A WATCH
Cvyn Holdings acquires remaining stake in McLaren Racing alongside Mumtalakat, taking full control of the racing unit
The transaction, which includes McLaren’s Formula 1 team, values the team at over GBP 3 bn
Posted inFINANCE
Liechtensteinische Landesbank exits UAE, while Rothschild steps in
The agreement transfers about CHF 1 bn (USD 1.3 bn) in assets and some 20 staff to Rothschild and Co