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The UAE is bucking the global trend, with Moody’s expecting EMs’ GDP to slow to 3.8% next year
Author Archives: enterpriseam admin
Posted inENERGY
Egypt, UAE ink agreements for solar plants, solar parts factories, and renewables-focused industrial zone
The agreements included the establishment of an Egyptian-Emirati industrial zone in East Port Said
Posted inDEBT WATCH
Mashreq inks Qatar’s first private sector s-linked loan with Landmark Retail
The agreement will see Landmark Retail ramp up the use of sustainably sourced materials
Posted inREGULATION WATCH
GCC financial authorities greenlight fund passporting framework for 2025
The framework is set to be implemented early next year
Posted inINVESTMENT WATCH
Swvl completes USD 4.7 private placement to fuel US expansion
The startup went through with another private placement in 2022, selling USD 20 mn worth of new shares
Posted inSTARTUP WATCH
Locad secures USD 9 mn in pre-series B funding
The funding will be used for expansion purposes
Posted inEARNINGS WATCH
Lulu Retail reports first earnings post-listing
Lulu Retail has opened 17 new stores in 2024
Posted inUAE IN THE NEWS
More attention turns to the UAE’s USD 1 tn stock market + Dubai’s tourism appeal + Denizbank’s CEO’s indictment
Increasing the freefloat of gov’t-owned stocks “could help attract more international money”
Posted inALSO ON OUR RADAR
TJX is now a minority shareholder in Brands for Less
BNY expands presence in ADGM