The agreement took place on the sidelines of the Indonesian president’s two-day visit to the UAE
Author Archives: enterpriseam admin
Dubai inflation ticks up in June
The consumer price index in Dubai rose to 3.85%, up from May’s 3.81%
Majarra acquires UAE-based Arabic AI and NLP startup Lableb
The move marks Majarra’s expansion into the AI sector
DP World to enter JV for Sapangar Bay Container Port development this month?
DP World will reportedly have a 51% stake in the JV
Masdar plans second green bond issuance
The company wants to fund its global renewables projects
Binghatti lists USD 200 mn sukuk on Nasdaq Dubai
Binghatti’s sukuk went live on Nasdaq Dubai: Real estate developer Binghatti listed a USD 200 mn sukuk tap issuance, linked to its inaugural USD 300 mn issuance in February, on Nasdaq Dubai, according to a Nasdaq notice yesterday. The tap issuance brings the value of the sukuk to USD 500 mn. About the issuance: The […]
UAE among biggest sukuk issuers in 1H 2024
Foreign-currency denominated issuances jumped to USD 60 bn
Dubai’s property market reeled in AED 123 bn in sales in 2Q 2024 -Springfield
Property transactions increased 60.1% y-o-y during the quarter
Rapco’s net income falls 31% y-o-y to AED 4.7 mn in 2Q 2024
Rapco recorded a net income of AED 4.7 mn in 2Q 2024