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PLUS: Fitch assigned RakBank’s Tier 2 bonds a BBB- rating
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
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
Posted inDIPLOMACY
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
Posted inCALENDAR
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 […]
Posted inWHAT WE’RE TRACKING TODAY
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
Posted inBUSINESS
Business leaders see a strong year ahead for UAE + wider GCC
Emirati respondents were the second most bullish across Gulf countries
Posted inM&A WATCH
Masdar and Adnoc are feeling acquisitive
Adnoc could be going head-to-head with Aramco in South Africa
Posted inBanking
Credit demand rose in 2Q 2024, CBUAE says
Higher interest rates continue to weigh on demand