Plus: Modon divests stake in Icon Hotel to ADQ
Author Archives: enterpriseam admin
Amea Power locks in the funds for solar plant in Côte d’Ivoire
The company aims to kick off operations on the plant by 2027
ESG leases out land to Spox Investments, and BinDawood acquires stake in Dubai’s Wonder Bakery
BinDawood is paying AED 96.9 mn for a 51% stake in Wonder Bakery
How off-balance-sheet financing is masking the true cost of the AI boom
Big Tech has pushed over USD 120 bn of AI data-center debt off its balance sheets via SPVs
DECEMBER 26 December (Friday): Tender period for Emirates NBD’s offer for RBL Bank’s public shares ends. 29-30 December (Monday-Tuesday): World Sports Summit, Dubai. Signposted to happen sometime in 2025: e& will complete Adnoc’s private 5G network. 2026 JANUARY 1 January (Thursday): New Year, public holiday. 1 January: Client asset regime changes in Dubai International Financial […]
THIS MORNING: Tesla’s full self-driving system to launch in the UAE next month? + ADGM approves another stablecoin
Plus: GCC’s real GDP to expand by 4.4% in 2026 -Oxford Economics
Non-oil sector momentum + hydrocarbons recovery lift GDP outlook for 2025
The CBUAE also raised its forecast for non-hydrocarbon GDP this year to 4.9% from 4.5%
Mashreq returns to syndicated loan market after 11 years with USD 2 bn syndicated loan
The facility was 3x oversubscribed