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MAY 25 April-11 May (Friday-Sunday): Dubai Esports and Games Festival, Dubai World Trade Center. 6-7 May (Tuesday-Wednesday): Ajman Sustainable Development International Forum, Ajman X Centre. 6-7 May (Tuesday-Wednesday): The Capital Market Summit, Madinat Jumeirah, Dubai. 6-7 May (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting. 6-8 May (Tuesday-Thursday): Airport Show, Dubai World Trade Centre. […]
Author Archives: enterpriseam admin
Posted inWHAT WE’RE TRACKING TODAY
THIS MORNING: GCC-US summit in Saudi Arabia next week? + Fed kicks off interest rate meeting today
Plus: Wall Street analysts slash Brent crude forecast following Opec’s decision to hike supply
Posted inECONOMY
Non-oil business activity growth holds steady in April
The headline figure came in at 54.0 during the month, remaining unchanged from March
Posted inIPO WATCH
Dubai Holding to IPO 12.5% of its Dubai Residential REIT on the DFM
The AED 1.3 bn REIT manages some 35.7k residential units across 21 communities
Posted inFINTECH
Give the bot your credit card
The payment giant thinks AI-driven commerce where bots buy tickets, clothing, and everything else for you could be the next big thing in e-commerce
Posted inENERGY
Adnoc Drilling snatches up USD 806 mn long-term contracts for three newbuild island rigs
The addition will up Adnoc Drilling’s total fleet to over 151 rigs by 2028
Posted inBUSINESS
DMCC launches SPV and Holding Company licenses
The new licenses allow companies to manage assets, hold investments, and oversee regional operations without needing a physical office or operational setup
Posted inEARNINGS WATCH
Adnoc Gas, du turn in strong 1Q earnings reports, while Alpha Dhabi sees bottom line dip
Adnoc Gas posted a 7% y-o-y increase in net income, while Alpha Dhabi reported a decline