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PLUS: Dubai harbor is getting a AED 431 mn bridge
Author Archives: enterpriseam admin
Posted inPLANET FINANCE
BIS warns against slashing interest rates too soon
Central banks should keep an eye on risks like high public debt and falling property values
Posted inDIPLOMACY
US + UAE look to increase trade, and UAE, Georgia ink economic agreement
PLUS: UAE and Georgia ink an economic partnership
Posted inCALENDAR
JULY 8 July (Monday): Islamic new year, national holiday. AUGUST 3 August (Saturday): UFC Fight Night, Etihad arena, Abu Dhabi. 21-22 August (Wednesday-Thursday): Dubai Business Forum in Beijing, China. Signposted to happen sometime in mid-August: New regulations around telemarketing calls will go into effect SEPTEMBER 9-11 September (Monday-Wednesday): World Utilities Congress, Abu Dhabi. 28-30 September […]
Posted inWHAT WE’RE TRACKING TODAY
Fitch affirms UAE’s FCY issuer default rating
Good morning, friends. It’s a moderately busy news morning as we wind down the workweek and run headlong into the last weekend of the month. The big story of the day is Fitch Ratings affirming the UAE federal government’s long-term FCY issuer default rating at AA-, while the flavor of the day remains a string […]
Posted inECONOMY
UAE’s FCY issuer default rating affirmed at AA-
The rating agency expects a fiscal surplus for the next three years
Posted inINVESTMENT WATCH
Adia pours another USD 200 mn in Australian real estate private credit
This is Adia’s third commitment to Qualitas Diversified Credit Investments
Posted inM&A WATCH
Saint Gobain to acquire Fosroc in a USD 1 bn transaction
The acquisition is part of Saint Gobain’s regional expansion strategy