The higher reading was driven by increased transport, housing, and energy costs
Author Archives: enterpriseam admin
Posted inM&A WATCH
Tradeling Holding acquires Axiom Telecom’s distribution business
Tradeling will acquire 100% of A&T Holding, which owns Axiom’s key distribution businesses
Posted inRENEWABLES
Amea Power to develop a USD 600 mn wind farm in the Gulf of Suez
The project will generate 5 GW of renewable energy
Posted inENERGY
Masdar inaugurates 500 MW Zarafshan wind farm
The USD 600 mn plant will power 500k homes and replace 1.1 mn tons of CO2 annually
Posted inDEBT WATCH
ADEX’s USD 500 mn wheat financing agreement with Egypt gets green light
Al Dahra is set to provide Egypt with its grain supplies
Posted inSTARTUP WATCH
Hub71 launches Hub71+ AI to support AI startups in Abu Dhabi
AI71 and Core42 joined as anchor partners
Posted inALSO ON OUR RADAR
More asset managers eye ADGM
Plus: Dubai’s AED 2 bn Trump Tower will launch in 2Q 2025
Posted inPLANET FINANCE
BTC hits another record on news of a first-of-its-kind US BTC strategic reserve
The news comes following a rally that saw BTC climb over 50%
Posted inDIPLOMACY
The UAE and Arab League countries discuss the situation in Syria
Plus: FM discusses Syria with counterparts over the phone