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Author Archives: enterpriseam admin
UAE eyes AED 450 bn in hotel investments in the next seven years
UAE targets 16% GDP contribution from tourism by 2031: The UAE is aiming for significant growth in its tourism sector, projecting it will contribute 16% to the nation’s GDP by 2031, up from 11.7% in 2023, Gulf News reports, citing Economy Minister Abdulla bin Touq Al Marri’s statements during Dubai’s Future Hospitality Summit. To achieve […]
Profitability in the UAE ins. sector was up 28% y-o-y in 2023
Ins. providers had a good 2023: The ins. sector here at home saw net income rise to hit AED 2.5 bn in 2023, up 28% y-o-y, according to the Central Bank’s latest annual statistical report for the ins. sector (pdf). Growth in profitability was attributed to an increase in net investment income within the sector. […]
Ewec lines up interest for 1.5 GW Zarraf solar project
Submissions end on 22 October.
Kamco Invest DIFC taps senior executive + The National Investor has a new investment coordinator
TNI tapped Meera Abu Yussuf as the new coordinator for its investment portfolio
Adnoc Covestro takeover, Bayanat + Yahsat merger makes headlines
Adnoc sees the public takeover offer as a strategic long-term investment
Mashreq grants Gargash Group its debut green loan + New CFDs fro DFM, ADX indices
Plus: Lots of real estate, crypto, hospitality, and construction news
Global tech stocks had a good month in September
Regional indices were down across the board
Astra Tech tops LinkedIn’s UAE startup rankings 2024
The assessment criteria focused on employee development and contribution
OCTOBER 30 September-3 October (Monday-Thursday): International Youth Nuclear Congress, Adnec Centre, Abu Dhabi. 1-3 October (Tuesday-Thursday): Water, Energy and Environment Technology Exhibition, Dubai. 2-3 October (Wednesday-Thursday): The World Green Economy Summit, World Trade Center Dubai. 2-3 October (Wednesday-Thursday): MENA District Cooling Projects & MENA Cool Forum, Grand Hyatt Dubai, Dubai Healthcare City, Dubai. 2-3 October […]