enterpriseam admin, Author at UAE

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 […]

Tech

Event report: Day four of Gitex

by enterpriseam adminUAE EditionOctober 18, 2024

The innovations target transport, government, health, energy, and customs sectors

MOVES

Response Plus Holding appoints chairman + Emirates shuffles global commercial team

by enterpriseam adminUAE EditionOctober 18, 2024

Emirates changes come as it pushes ahead with global growth plan

ALSO ON OUR RADAR

ADIA-backed Lake Shore lines up USD 143 mn green loan

by enterpriseam adminUAE EditionOctober 18, 2024

Plus: Mastercard to roll out biometric checkout authentication with Noon, replacing one-time passwords

PLANET FINANCE

ECB trims interest rate for third time amid cooling inflation

by enterpriseam adminUAE EditionOctober 18, 2024

Although the process to reel in inflation is “well on track,” price pressures persist

KUDOS

AD Ports cleans up in 2024 Extel poll

by enterpriseam adminUAE EditionOctober 18, 2024

Dubai Silicon Oasis wins four awards at fDi Magazine's Global FreeZones of the year 2024

CALENDAR

by enterpriseam adminUAE EditionOctober 18, 2024

OCTOBER 14-18 October (Monday-Friday): IEEE/RSJ International Conference on Intelligent Robots and Systems, Adnec Centre, Abu Dhabi. 14-18 October (Monday-Friday): Gitex Global, Dubai World Trade Centre and Dubai Harbour. 18-19 October (Friday-Saturday): World Biohack Summit 2024, JW Marriott, Dubai Marina. 20-23 October (Sunday-Wednesday): The International Congress and Convention Association (ICCA) Congress, Abu Dhabi National Exhibition Centre, […]