DECEMBER 8-31 December: Abu Dhabi MOTN Entertainment Festival. 8 December-14 January: Dubai Shopping Festival, city-wide. 2024 JANUARY 1 January (Monday): New years day, national holiday. 9-11 January (Tuesday-Thursday): Dubai International Pharmaceuticals and Technologies Conference and Exhibition, Dubai World Trade Centre. 9-11 January (Tuesday-Thursday): Gulf Print and Pack, Dubai World Trade Centre. 21-23 January: World of […]
Author Archives: enterpriseam admin
THIS MORNING: ADNOC is taking over OCI’s stake in Fertiglobe + ADQ has its eyes on DB Schenker
Good morning, wonderful people, and welcome to a fresh week. We have a relatively busy issue with which to start this Monday morning, with plenty of business and capital markets news. THE BIG STORY AT HOME is the Abu Dhabi National Oil Company (Adnoc) snapping up an additional 50% stake in its JV with OCI, […]
ADNOC to acquire 50% stake in Fertiglobe from OCI for USD 3.62 bn
ADNOC’s stake in Fertiglobe will increase to 86.2%
CBUAE keeps interest rates unchanged
Federal Reserve Chair Jerome Powel said that the US’ tightening of rates is likely to let up soon
Non-oil sector, IPO momentum to be main drivers of UAE’s economy in 2024
Oxford Economics expects GDP to grow to by 4.8%
ADQ, Azerbaijan Investment Holding set up USD 1 bn investment platform
The platform will invest in agriculture, tech, pharma, and energy infrastructure
Aqua Bridge has its eyes on Nasdaq Dubai
The company recorded a 143% y-o-y growth in revenues this year
Tabreed receives USD 163 mn green credit facility
The company will use the funds to expand its operations in the GCC
UAE caps its return from Alterra to attract more investors
The UAE aims to attract more private investors to invest in Alterra
Improved social support to boost Emiratisation
The law will introduce provisions to support Emiratis in the public and private sectors