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Plus: Emarat Aloula awarded an AED 260 mn Adnoc contract
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
Pressure builds on the Fed to cut rates following market meltdown
A mid-meeting rate-cut would be a highly unusual move from the Fed
Posted inDIPLOMACY
UAE and Kenya eye more investments + cooperation
Plus: President Mohamed bin Zayed speaks with Macron
Posted inCALENDAR
AUGUST 14 August (Wednesday): UAE to participate in ceasefire talks co-mediated by the US and KSA between the warring factions in Sudan. 20-21 August (Tuesday-Wednesday): The World ESG Summit, Dubai. 21-22 August (Wednesday-Thursday): Rex Fuels Global Expo & Conference 2024- Bitumen, Petrochemicals & Products, Dubai. 21-22 August (Wednesday-Thursday): Dubai Business Forum in Beijing, China. 25 […]
Posted inWHAT WE’RE TRACKING TODAY
Deadline pushed for Adia consortium to finalize bid for Hargreaves Lansdown + Abu Dhabi’s hotel occupancy rates to hit new record this summer?
Plus: Yesterday saw USD 6.4 tn wiped from global stock markets
Posted inECONOMY
Non-oil business activity slows to a three year low in July
Plus: Dubai’s PMI slipped to 52.9 last month
Posted inM&A WATCH
Sidara backs out of plans to buy out Wood Group
Sidara previously submitted four acquisition bids for Wood Group
Posted inM&A WATCH
Adia consortium offloads 10% of Galderma to L’Oréal
Adia acquired Galderma as part of a consortium for c. USD 11.9 bn from Nestlé in 2019