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The transaction is one of the largest privatizations by an Abu Dhabi entity in the financial sector
Author Archives: enterpriseam admin
Posted inBUDGET WATCH
FNC approves bumper federal budget for 2025
The budget will see a 12% y-o-y increase in spending
Posted inBanking
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
Posted inBanking
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
Posted inTech
Businesses report improved business performance citing AI adoption
28% of generative AI budgets go toward public cloud infrastructure in the UAE
Posted inUAE IN THE NEWS
Surge in property buyers + UHNWIs continues to dominate the conversation around the UAE in the foreign press
Plus: Diverse wildlife in Dubai is also getting attention
Posted inALSO ON OUR RADAR
Mashreq deploys SAP Fieldglass tech to boost contingent workforce management
ALSO- Crysp Farms and Alesca Technologies will deploy 500 vertical farms across Mena over the next five years
Posted inPLANET FINANCE
How will the incoming Trump administration affect the markets?
The USD’s post-election honeymoon is forecast to be a short-term thing as it becomes apparent that is both overvalued and overstretched
Posted inDIPLOMACY
UAE and Bahrain sign tourism cooperation agreement for 2024-2028
Plus: UAE mulls investments in Turkmenistation