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Stablecoin transactions hit USD 710 bn last month, up from USD 521 bn a year ago
Author Archives: enterpriseam admin
Posted inDIPLOMACY
More cooperation with France + Somalia?
The meetings in France come less than a month after the UAE pledged to invest USD 30-50 bn jointly with France in AI
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: India’s Infibeam eyes ADX listing + Alpha Dhabi, Mubadala private credit venture deploys USD 1 bn in capital
PLUS: DIFC eyes 20% growth this year
Posted inECONOMY
S&P Global sees the UAE’s economy growing by 5.1% in 2025
The agency expects the UAE’s non-oil economy to maintain its momentum in 2025
Posted inM&A WATCH
Emirates NBD gets greenlight to conduct due diligence on Banque Du Caire ahead of a potential acquisition
Parent company Banque Misr is seeking USD 1-1.2 bn from the direct sale, our source tells us
Posted inECONOMY
BMI sees UAE’s current account surplus narrowing to 7.7% of GDP in 2025
This forecast is a more bearish one than the consensus
Posted inM&A WATCH
Multiply Group eyes sale of district cooling unit + Mubadala exits Calisen
The firm is seeking USD 1 bn from the sale