Plus: Hydrogen-powered tower coming soon?
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Abu Dhabi’s sovereign wealth capital makes it the richest city in the world
Dubai ranked fifth in the Mena region in SWF capital
Posted inBUDGET WATCH
UAE cabinet approves record AED 71.5 bn 2025 budget
The sets out a 12% y-o-y increase in expenditure and a 9% y-o-y increase in revenues
Posted inREAL ESTATE
Modon and Candy Capital set up JV to develop luxury real estate in MENA
The newly established JV will capitalize on Modon’s packed pipeline
Posted inBanking
UAE’s banking sentiment fell 13% y-o-y in 2023 on complaints of customer service, operational issues
Incumbent banks received a higher sentiment score than digital ones
Posted inSTARTUP WATCH
The UAE saw 134 funding rounds in 9M 2024, the most in the Mena region
EVMs’ total funding fell by 45%
Posted inMOVES
Revolut taps CEO for UAE office + Skadden appoints new head of Abu Dhabi office
PLUS: Greenberg Traurig and Revolut also appoint key leaders in UAE
Posted inALSO ON OUR RADAR
NMDC Energy lands AED 5.05 bn contract with Modon Holding
NMDC has several projects in the pipeline across the GCC