The two companies are expected to sign a sale and purchase agreement by 30 September
Author Archives: enterpriseam admin
Dubai real estate newcomer Majid Developments earmarks AED 500 mn in investments by next year
Majid Developments earmarks AED 500 mn for Dubai expansion: Real estate developer and newcomer Majid Developments is planning to invest AED 500 mn across five new projects in Dubai by 2025, entirely funded by the company’s internal resources, Majid’s CEO Mansoor Majid was quoted as saying by Khaleej Times. He attributed the investments to high […]
Mohammed bin Rashid Al Maktoum Knowledge Foundation taps chief AI advisor + Snorble appoints digital assets head, Al Jasmi added to Olympics’ Asia council’s board
Plus: Snorble appoints Saeed Al Darmarki as digital assets ecosystem leader representing the UAE
China’s Armadillo to build RV assembly plant in UAE
PLUS: Fitch assigned RakBank’s Tier 2 bonds a BBB- rating
Fed officials “open” to larger rate cuts if necessary
“If the data suggests the need for larger cuts, then I will support that,” US governor Christopher Waller said
UAE officials meet with Egyptian counterparts to boost cooperation
Plus: UK Foreign Secretary David Lammy met with Foreign Affairs Minister Sheikh Abdullah bin Zayed Al Nahyan to discuss trade, clean energy, and more
SEPTEMBER 7-13 September (Saturday-Friday): Makers’ Month, Al Quoz Creative District, Dubai. 9-12 September (Monday-Thursday): The annual EFG Hermes London Conference. 10-11 September (Tuesday-Wednesday): MENA PPP forum, Jumeirah Emirates Towers, Dubai. 11 September (Wednesday): Shares of NMDC Energy start trading on the ADX on the ticker NMDCENR. 11-12 September (Wednesday-Thursday): Dubai AI & Web3 Festival, Madinat […]
NMDC Energy closes AED 3.2 bn IPO with 31x oversubscription rate; shares start trading 11 September
Plus: GCC bank profitability looks good this year | Leon Black sets up family office outpost in ADGM