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Author Archives: enterpriseam admin
Posted inECONOMY
Business activity in non-oil economy gained steam last month
Non-oil business activity inched up to 54.2 in August, from 53.7 in July
Posted inDEBT WATCH
The bond market is really heating up
Investors love UAE federal and emirate-level debt right now amid global risk-off and lower US yields
Posted inENERGY
Adnoc to snap up 35% of Exxon’s Texas hydrogen project
The final investment decision on the project is expected in 2025.
Posted inM&A WATCH
Abu Dhabi’s TAQA completes AED 1.7 bn acquisition of SWS Holding
SWS is Abu Dhabi’s sole wastewater collection and treatment facility.
Posted inTRADE + LOGISTICS
UAE, Jordan ink USD 2.3 bn railway project
The railway is set to be operational by 2030
Posted inINFRASTRUCTURE
Sewa inks USD 680 mn water purchase and development contract with Saudi’s Acwa Power
The plant will begin commercial operations in 2Q 2028
Posted inMOVES
JLL appoints Taimur Khan as head of research for Middle East and Africa
Khan most recently served as head of research at CBRE
Posted inPLANET FINANCE
Gold picked up yesterday after US job opening data disappointed
It’s all eyes on DC for Jobs Friday tomorrow