Plus: Brent crude's premium to Dubai soars
Author Archives: enterpriseam admin
Posted inECONOMY
S&P Global Ratings assigns the UAE a long-term credit rating of AA + Emirates NBD gives its two cents on the UAE’s economy
This is the first time that S&P has issued a consolidated sovereign credit rating for the entire UAE
Posted inECONOMY
GCC could see external funding outflows due to the Israel-Iran conflict, but the UAE is likely to weather the storm -S&P Global
External funding outflows could reach around USD 240 bn
Posted inFINANCE
UAE posts second-fastest growth in m’naires globally in 2024
The UAE added 13k m’naires in 2024, up 5.8% y-o-y
Posted inUAE IN THE NEWS
Traders are driving the UAE hedge fund boom
Many firms are relocating to keep traders happy, drawn by zero income tax and expat-friendly policies
Posted inMOVES
New leadership at Emirates Investment Bank and HSA + Rakbank departure
Emirates Investment Bank named Kishore Venkat as its interim CEO
Posted inALSO ON OUR RADAR
Meraas hands Naresco AED 450 mn contract for Dubai’s City Walk
Plus: Empower awards contract for new district cooling plant in Dubai
Posted inPLANET FINANCE
Fed stays the course on its wait-and-see approach amid rising economic uncertainty
The Fed now expects weaker economic growth and higher unemployment