Trump pledged on Monday to impose tariffs of 25% on all imports coming from Mexico and Canada, along with a blanket 10% tariff on Chinese goods
Author Archives: enterpriseam admin
Busy week in diplo land: More cooperation with Bahrain and the Philippines + talks with Blinken, World Bank VP for MENA, and more
UAE officials discussed boosting trade and economic ties with Bahrain and the Philippines
NOVEMBER 19-27 November (Tuesday-Wednesday): Subscription period for the retail portion of Talabat’s IPO. 19-28 November (Tuesday-Thursday): Subscription period for the institutional portion of Talabat’s IPO. 26-27 November (Tuesday-Wednesday) Global Food Security Summit, Adnec Centre Abu Dhabi. 26-27 November (Tuesday-Wednesday): Global Women’s Forum Dubai, Madinat Jumeirah, Dubai 26-27 November (Tuesday-Wednesday): Open Source AI Summit, The St. […]
THIS MORNING: Investigations launched into the murder of Israeli rabbi + Adnoc hints at secondary share sale for Adnoc Gas
Plus: UBS sees the UAE’s non-oil GDP growing 4.7% this year
Mubadala Capital to take Canada’s CI Financial private in USD 3.4 bn transaction
The transaction is one of the largest privatizations by an Abu Dhabi entity in the financial sector
FNC approves bumper federal budget for 2025
The budget will see a 12% y-o-y increase in spending
The UAE’s largest 10 banks raked in AED 20.3 bn worth of net income during 3Q
The top 10 banks saw their net income fall 5.5% q-o-q
UAE banks’ performance in 3Q 2024 indicate ample liquidity and continued growth -Kamco
The country took the lead in net interest margins and return on equity