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This is Abu Dhabi’s second consecutive month in deflation territory
Author Archives: enterpriseam admin
Posted inENERGY
Adnoc drilling lands USD 800 mn contract for fracturing services
The five-year agreement is slated to begin in 3Q
Posted inSPOTLIGHT
Pakistan is on the cusp of a digital banking revolution — and Mashreq wants a piece of the pie
The UAE-born lender has been operating on a pilot basis in Pakistan for the past six months, as it prepares to target underbanked and digital savvy demographics in a full commercial launch
Posted inEARNINGS WATCH
Emirates REIT’s 1Q net income surges 6x on revaluation gains
The REIT booked an unrealized valuation gain of USD 148.6 mn for the quarter
Posted inMOVES
UAE names Saeed Al Hajeri as chair of Emirates Drug Establishment
Al Hajeri brings extensive experience from senior roles in public service and finance
Posted inUAE IN THE NEWS
What’s pushing people (and crypto firms) to Dubai, according to experts
The move has pushed major players to start shifting staff and operations to more crypto-friendly jurisdictions
Posted inALSO ON OUR RADAR
Global South Utilities plans 250 MW renewables projects in Madagascar
Plus: New feeder funds + sukuk fund in DIFC
Posted inPLANET FINANCE
USD bns of capital cross the Atlantic as investor confidence in the US wanes
Outflows from US equity funds have doubled YTD, while inflows in Europe hit USD 100 bn
Posted inDIPLOMACY
UAE, Ecuador expand economic ties
The visit saw the launch of UAE-Ecuador Economic and Business Forum