65% of companies faced cybersecurity incidents in the past year
Author Archives: enterpriseam admin
Commercial Bank of Dubai, ADIB, and Palm Sports report 1Q results
We have a (small) handful of earnings this morning, including the Commercial Bank of Dubai, Abu Dhabi Islamic Bank, and International Holding Company subsidiary Palm Sports all reporting 1Q 2024 results. ABU DHABI ISLAMIC BANK- Abu Dhabi Islamic Bank (ADIB) saw its net income after tax increase 32% y-o-y in 1Q 2024 to AED 1.45 […]
The Gulf’s petro-USD influence
A spotlight on the UAE’s investments in ports, agricultural land, and real estate overseas
Siemens Mobility and Hassan Allam Construction snag UAE-Oman rail link contract
PLUS: Dubai’s TVM Capital Healthcare invests USD 17 mn in German mental health provider Neurocare Group AG
Third wave of bond default looms in China
China’s corporate bond default rate fell to an eight-year low of 0.2% last year
UAE to invest USD 500 mn in Kenya, including in mining and tech + Ecuador next in line for trade agreement
PLUS: Officials meet with Bahraini counterparts to discuss GCC ties, Gaza, and more
APRIL 26 March-21 July (Tuesday-Sunday): ‘From Kalila wa Dimna to La Fontaine: Traveling through Fables’ exhibition, Louvre Abu Dhabi. 21 April-7 May (Sunday- Tuesday): The ICC Women's T20 World Cup Global Qualifier 2024. 23-25 April (Tuesday-Thursday): Connecting Green Hydrogen MENA, Madinat Jumeirah Conference Centre. 23-25 April (Tuesday-Thursday): Argus Fertilizer Asia Conference, Abu Dhabi. 23-25 April […]
Dubai airports are officially back to normal + ADQ to buy USD 1 bn stake in Australian asset manager
Good morning, friends. It’s a big day of news here at home today, with an update on Spinneys Dubai’s IPO, a bumper USD 35 bn in agreements with Oman, and talk over a stake sale in Adnoc’s Al Ruwais plant. ALSO HAPPENING NOW- Sovereign wealth fund ADQ is reportedly planning to acquire a 49% stake […]
Spinneys IPO could raise as much as AED 1.38 bn
Spinneys set its indicative price range at AED 1.42-1.53 per share