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The plant will supply power and steam to the Saudi’s Amiral petrochemical complex
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
Analysts eye clarity on size, pace of rate cuts at Jackson Hole
Markets are pricing in a 25 bps rate cut, but leaving open a chance of a larger 50 bps rate cut
Posted inDIPLOMACY
UAE, Lithuania agree to boost trade, investment + new Afghan ambassador
This appointment marks Afghanistan's first accredited ambassador to the UAE
Posted inCALENDAR
AUGUST 22-26 August (Thursday-Monday): Fatima Bint Mubarak Academy GCC Basketball Cup for Ladies, Abu Dhabi. 23 August (Friday): NMDC’s general assembly to approve NMDC Energy IPO. 25 August (Sunday): Deadline to register for the AI Challenge. 27 August (Tuesday): New regulations on telemarketing calls will go into effect. SEPTEMBER 31 August - 8 September (Saturday-Sunday): […]
Posted inWHAT WE’RE TRACKING TODAY
THIS MORNING: NMDC to list EPC services subsidiary? + UAE ranked first globally in terms of FDI-to-GDP ratio in 2023
Plus: Dar Global eyes London, KSA expansion
Posted inM&A WATCH
TJ Maxx and Marshalls owner to acquire 35% stake in Dubai’s Brands for Less
The transaction is valued at USD 360 mn, and expected to close later this year
Posted inINVESTMENT WATCH
Mubadala backs Yondr Group in hyperscale data center push
The investment will be made in partnership with US-based Apollo Management
Posted inCRYPTO
Phoenix Group and Tether to launch AED-pegged stablecoin
The move comes as Tether looks to offer an alternative to the USD