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Bank of Sharjah turned to the black in 2024
Author Archives: enterpriseam admin
Posted inMOVES
DFSA taps new MD for enforcement + Ibrahim Nassir is now undersecretary of the government enablement department
Alan Linning joins the DFSA from Mayer Brown JSM in Hong Kong
Posted inUAE IN THE NEWS
Sultan Al Jaber pushes for “energy realism” at CERAWeek
Adnoc’s CEO championed a pragmatic approach to climate action, balancing fossil fuels with renewables
Posted inALSO ON OUR RADAR
Adia invests in biotech startup + Ignite Energy Access to set up HQ in Abu Dhabi
Plus: Dubai RTA completes 40% of nol system upgrade
Posted inPLANET FINANCE
US tariffs will have a “limited” impact on MENA economies, though headwinds may follow, economists say
A higher valued greenback would raise debt servicing costs, while oil prices could take a hit
Posted inCALENDAR
MARCH 7 February-29 April (Friday-Tuesday): The Abu Dhabi Festival, Abu Dhabi. 18-19 March (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting. 29 March (Saturday): New traffic regulations and minimum driving age to take effect. 31 March-2 April (Monday-Wednesday): Eid Al Fitr, national holiday. Signposted to happen sometime in 1Q 2025: The first eight fronds […]
Posted inWHAT WE’RE TRACKING TODAY
THIS MORNING: What will Russians in the UAE do if the war ends? + UAE official to seek more access to US advanced tech next week
Plus: UAE aluminium exports spike ahead of US tariffs
Posted inDEBT WATCH
Aldar’s USD 500 mn green sukuk was 7.2x oversubscribed
ALSO- Al Ansari Financial Services has amended the terms of a proposed shareholder loan
Posted inM&A WATCH
TC Mena eyes 100% of Gulf Cement
The offer sets a minimum acquisition target of 50% plus one share