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Wealth management and some virtual assets services will get a VAT exemption
Author Archives: enterpriseam admin
Posted inSTARTUP WATCH
28 Emirati startups bagged USD 114.3 mn in funding in September
Dubai was the top funding recipient last month
Posted inUAE IN THE NEWS
LinkedIn data suggests over half the workforce in the UAE is “overwhelmed”
LinkedIn Mena head discussed the results of the company’s workplace sentiment survey with CNBC
Posted inALSO ON OUR RADAR
Emirates Reem Investments acquires stakes in two firms
Spinneys will build a food processing facility in Dubai
Posted inPLANET FINANCE
US September jobs report beats analyst expectations
Economists see the data as evidence of a “soft landing” on the horizon, while bond traders worry of overheating
Posted inCALENDAR
OCTOBER 6-11 October (Sunday-Friday): Dubai International Chamber to head out for a trade mission to Serbia and Türkiye. 7-8 October (Monday-Tuesday): Forex expo, World Trade Center, Dubai. 7-8 October (Monday-Tuesday): AgraME, World Trade Center, Dubai. 7-9 October (Monday-Wednesday): AccessAbilities Expo, Dubai World Trade Centre. 7-10 October (Monday-Thursday): The World Air Taxi Congress, The Grand Hyatt […]
Posted inWHAT WE’RE TRACKING TODAY
THIS MORNING: Dubai attracted AED 21.85 bn in greenfield investments in 1H + President heads to Egypt on working visit
Plus: More details on Dubai’s new education strategy
Posted inECONOMY
Non-oil business growth sees continued “loss of momentum” in September
The UAE’s PMI slipped to its second lowest level in three years
Posted inDEBT WATCH
Taqa raises USD 1.75 bn from dual bond sale
The Abu Dhabi National Energy Company (Taqa) raised USD 1.75 bn in a dual-tranche bond issuance, which will be used for general corporate purposes and financing green projects, Reuters reports, citing IFR. The issuance attracted substantial interest, with the order book exceeding USD 6.2 bn, making it 3.5x oversubscribed. This high demand led Taqa to […]