Plus: Abu Dhabi Airports saw record passenger growth in 2024
Author Archives: enterpriseam admin
Posted inECONOMY
The UAE’s non-oil business’ expansion slows in January
Business sentiment hits lowest mark in over two years
Posted inTRADE
The UAE’s non-oil foreign trade hit AED 3 tn in 2024
Non-oil exports were the main contributors, with a total of AED 561.2 bn
Posted inCAPITAL MARKETS
DFM amends requirements for listing on the main market
Net shareholders’ equity must not be less than companies’ paid-up capital
Posted inDEBT WATCH
Union Properties slashes debt + secures new funding
The developer cut its legacy debt to AED 575 mn by the end of 2024, down from AED 1.5 bn in 2022
Posted inEARNINGS WATCH
United Arab Bank and DAE report the year’s earnings
UAB’s performance was driven by improved operating performance and lower net impairment charges
Posted inMOVES
Adia appoints Mustapha Argane as investment manager + HSBC appoints new MENAT banking head
Karim Tannir was appointed head of HSBC’s Menat banking division