The regional security and economic landscape lurched over the weekend as the US and Israel launched a sweeping attack on Iran and its leadership, prompting Iran to retaliate with drone and missile strikes on both Israel and Arab countries across the region. Where do things stand this morning? Here’s what we know as of dispatch […]
Author Archives: enterpriseam admin
Abu Dhabi inflation ticks up to 1.6% in January
The consumer price index declined 0.1% m-o-m
EGA locks in USD 5 bn refinancing ahead of its potential IPO
The facility will be used to roll over existing debt and open up balance sheet capacity
Credit demand grew in 4Q as SMEs’ demand hits decade high
Business loan demand strengthened over the quarter, posting a net balance of +24.8 percentage points
Aramex takes over Irish logistics player
The acquisition bolsters Aramex’s European freight footprint and deepens its cross-border play
Wall Street goes “haven first” as Middle East tensions rattle risk appetite
As tensions flare across the Middle East, investors are rotating into safe-haven assets like Treasuries, gold, and the CHF, ditching the reflex to buy the dip in equities, Bloomberg reports. The playbook is explicit: “Haven first, ask questions later,” said Natixis’ John Briggs, pointing to a larger-than-expected escalation. Meanwhile, Barclays strategists cautioned against rushing to […]
MARCH 19-20 March (Thursday-Friday): Eid Al Fitr, public holiday. 31 March - 2 April (Tuesday-Thursday): Arab Media Summit, Dubai. 26-28 March (Thursday-Saturday): Social Capital Conference, Dubai. 28-29 March (Saturday-Sunday): Emirates International Congress on AI & Visionary Leadership in Transforming Healthcare, Adnec Center Abu Dhabi. 30 March - 2 April (Monday-Thursday): IAAPA Middle East Exhibition and […]
THIS MORNING: Adnoc eyes Shell LNG project in Australia + More headway on Dubai’s sewage project
Plus: Netflix drops bid for Warner Bros Discovery