enterpriseam admin, Author at UAE

WHAT WE’RE TRACKING TODAY

Is Riyadh’s KAFD gearing up for another run at DIFC?

by enterpriseam adminUAE EditionOctober 18, 2024

KAFD is backed by the Public Investment Fund, the Kingdom’s sovereign wealth fund.

Uncategorized

by enterpriseam adminUAE EditionOctober 18, 2024

ECONOMY

Dubai inflation falls to 2024 low in September

by enterpriseam adminUAE EditionOctober 18, 2024

The consumer price index in Dubai eased to 2.50%

Advertiser

by enterpriseam adminUAE EditionOctober 18, 2024

ECONOMY

UAE economy to grow 3.3% in 2024 -World Bank

by enterpriseam adminUAE EditionOctober 18, 2024

Fiscal surplus to remain stable at 4.9%

DEBT WATCH

Dubai's government debt to fall to USD 50 bn end of 2024, S&P report

by enterpriseam adminUAE EditionOctober 18, 2024

Dubai has a good handle on its government debt, ratings agency S&P’s latestreport suggests. The agency expects government debt in the emirate to continue its downward trend, hitting USD 50 bn (c. 34% of GDP) by the end of 2024. That’s a big drop from the c. 70% we saw in 2021, thanks in large […]

EARNINGS WATCH

A pile of bank earnings for you as 3Q earnings season continues

by enterpriseam adminUAE EditionOctober 18, 2024

Dubai's Emirates NBD delivered “record profit” of AED 19.0 bn in 9M 2024 on total revenues of AED 32.9 bn, it said in an earnings release (pdf) and its financial statements (pdf). Diving deeper: Loan growth was up 9% in the first nine months of the year “across all business units and international locations,” it […]