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FEBRUARY 7 February-29 April (Friday-Tuesday): The Abu Dhabi Festival, Abu Dhabi. 8-20 February (Saturday-Thursday): Dubai Games 2025, Dubai. 10-11 February (Monday-Tuesday) MRO Middle East and Aircraft Interiors Middle East, Dubai World Trade Center. 10-11 February (Monday-Tuesday): BreakBulk Middle East, the Dubai World Trade Center. 10-12 February (Monday-Wednesday): Japan Kyoto Trade Exhibition, Dubai Word Trade Center. […]
Author Archives: enterpriseam admin
Posted inWHAT WE’RE TRACKING TODAY
THIS MORNING: MGX to invest in French AI + Anthropic?
Plus: ADQ eyes investments in Vietnam
Posted inIPO WATCH
Etihad Airways could hit the ADX before the end of February -CEO
The offering is expected to raise up to USD 1 bn
Posted inDEBT WATCH
UAE banks lead USD 2.4 bn financing for Wynn Al Marjan Island
Wynn Resorts secures USD 2.4 bn loan for Wynn Al Marjan Island: Wynn Resorts obtained a USD 2.4 bn construction loan from a global syndicate of regional and international lenders to finance Wynn Al Marjan Island, the first integrated resort in the UAE, set to open in 2027, according to press release. The loan marks […]
Posted inTAX
New tax relief package exempts investment firms, smaller multinationals from top-up tax
A new substance-based income exclusion lowers taxable income based on payroll and tangible assets
Posted inECONOMY
Dubai’s GDP grew 3.1% y-o-y in 9M 2024
Wholesale and retail trade contributed 24.5% of GDP
Posted inM&A WATCH
NMC Healthcare sells stake in Fakih to Blue Ocean Health
The acquisition is expected to wrap up within the next two months
Posted inEARNINGS WATCH
Dana Gas’ net income hits AED 553 mn in 2024 + ADSB sees net income nearly double
Dana Gas inked a new agreement with Egypt last December