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The non-oil economy is predicted to grow by 4.5% in 2024
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Damac Group to invest USD 3 bn in Southeast Asia's data center expansion
The first of three planned data centers in Thailand is scheduled to commence operations in March 2025
Posted inBUSINESS
Abu Dhabi to get centralized business registry + family business council
The emirate unveiled several new initiatives to accelerate business growth
Posted inREAL ESTATE
Dubai home prices to rise 8% next year -Knight Frank
Residential values are expected to increase by 8%, and luxury properties by 5%
Posted inSTARTUP WATCH
The Binary Holdings secures an investment of up to USD 5 mn from ABO Digital
The company plans to launch Millenia, a digital banking platform, in Q2 2025.
Posted inMOVES
Standard Chartered Bank taps Mazen Barbir as Head of Markets in the UAE
Barbir, who joined the bank in 2007, has spent 17 years at Standard Chartered
Posted inUAE IN THE NEWS
Al Mubarak talks tourism plans and housing challenges
Aldar and Culture and Tourism Department Chairman Mohamed Al Mubarak says housing problem is a “good problem to have”
Posted inALSO ON OUR RADAR
Enersol finalizes its USD 45 mn acquisition of EV Holdings + Aldar acquires AED 2.3 bn DIFC tower
PLUS: Aldar acquires DIFC tower for AED 2.3 bn
Posted inPLANET FINANCE
Global political unrest spreads volatility across stock markets
South Korean stocks and the currency took a hit after President Yoon Suk Yeol’s decision to declare and then reverse martial law