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ADX and Shanghai bourse to get ETF link: The Abu Dhabi Securities Exchange (ADX) is set to welcome an exchange traded fund (ETF) tracking Chinese stocks, while Shanghai’s bourse will get an Arab company-tracking ETF that feeds into a separate Abu Dhabi-listed ETF, the Financial Times reports, citing statements from Italian asset manager Azimut Group. […]
Author Archives: enterpriseam admin
Posted inTRANSPORT
RTA awards AED 20.5 bn contract for Blue Metro line development
The line is set to start operating in 2029
Posted inDISPUTE WATCH
Bildco settles debt with Ajman Bank
Bildco received a 13.5% discount on its dues
Posted inKUDOS
Mashreq Al Islami’s CEO recognized as best Islamic Banking CEO by Global Business Outlook Awards + FAB classified as one of four leading GCC banks by Fitch. PLUS: Al Tamimi and Company’s training program hits 80% success rate
ALSO- Abu Dhabi was awarded the UN Tourism QUEST certification for its excellence in destination management
Posted inMOVES
Mashreq names Jyothi Bathula as new global head of MGN + Managing Director of MGN India
Bathula has over 20 years of experience in banking and technology services
Posted inALSO ON OUR RADAR
Amea’s solar plant in Egypt gets fast-tracked
Plus: Elite Group Holding will develop a 1 mn sqm automotive facility in Dubai Industrial City
Posted inPLANET FINANCE
Central banks in China, UK, and Japan keep rates unchanged amid growing signs of sticky inflation
The UK, Japan — and possibly China — choose caution amid uncertainty
Posted inMY MORNING ROUTINE
My Morning Routine: David Vili, founder and CEO of SolarSpace
Each of us have to do something to be able to preserve our planet — that’s the biggest driving force for me
Posted inCALENDAR
DECEMBER 13 December - 4 January (Friday-Saturday): Liwa International Festival, Al Dhafra, Abu Dhabi. 14-21 December (Saturday-Saturday): World Schools Festival, Abu Dhabi 17-19 December (Tuesday-Thursday): China Home Life, Dubai Word Trade Center. 19-22 December (Thursday-Sunday): Rise Investment Festival for Young Entrepreneurs (RICH), Dubai. 6 December-12 January: Dubai Shopping Festival. Signposted to happen sometime in December: […]
Posted inWHAT WE’RE TRACKING TODAY
THIS MORNING: CBUAE cuts rates by 25 bps in line with the Fed + Adia hits USD 1 tn AUM milestone
Plus: UAE led the region in terms of IPO proceeds this year