Projections assume an average oil price of USD 60 per barrel
Author Archives: enterpriseam admin
Dubai inflation holds steady in June
On a monthly basis, prices grew 0.28% in June, returning to inflation territory
Mubadala eyes further investment in Revolut + GBP 500 mn in new capital for Cityfibre
The funds will support the network provider’s plan to expand its customer base
DP World to develop Tartous Port under 30-year agreement
The agreement will see DP World develop the port under a build-operate-transfer (BOT) model
Khazna to develop 500 MW data center in Italy
Plans will initially include a 500 MW AI data center campus in Italy’s Lombardy region
New launches fuel Abu Dhabi property market boom
Abu Dhabi’s real estate transactions surged 40% y-o-y to AED 52 bn in 1H 2025, according to data from the Abu Dhabi Municipalities and Transport Department’s Dari platform. The increase was driven by strong demand for newly-launched projects, many of which sold out shortly after release, and comes despite a 1Q that saw weaker volumes. […]
New Dubai law creates regulatory body, compliance system for contractors
Violations carry fines of AED 1k-100k, with repeat offenses within a year doubling to AED 200k
Dragon Oil taps acting CEO + new real estate head for Shurooq
Dragon Oil’s acting CEO Abdulkarim Almaazmi has held leadership roles at BP UAE, BP Middle East, and Abu Dhabi Gas Industries
Presight launches Kazakhstan’s national supercomputer
Plus: Dubai's RTA begins AED 633 mn upgrade of Al Mustaqbal Street