Author Archives: enterpriseam admin
Newer and bigger hotels and airports in Dubai capture the attention of the foreign press
New hotel in Dubai’s business bay + DWC’s expansion plans
Barakah starts up fourth reactor + Sharjah closes USD 750 mn sustainable bond issuance
Plus: Fresh AI investments, more investments in Egypt, and a new desal tech competition
Fed’s Jerome Powell expected to fend off hopes of an imminent rate cut
The Fed is in no hurry to cut rates: US Federal Reserve Chief Jerome Powell is widely expected to deliver a hawkish message on interest rates to the US House and Senate in a semiannual monetary policy testimony on Wednesday and Thursday, writes Bloomberg. The why: The Fed is worried that the “danger of moving […]
UAE discusses collaboration with Thailand, Uruguay, and Germany, plus launches joint Gazan aid airdrop mission with Egypt
Foreign Trade Minister Al Zeyoudi met with Thai officials to discuss advancing economic relations in trade and investment
FEBRUARY 28 February-5 March (Wednesday-Tuesday): Xposure International Photography Festival, Expo Centre Sharjah. MARCH 4-7 March (Monday - Thursday): EFG Hermes One on One conference, JW Marriott Hotel Marina, Dubai. 5-6 March (Tuesday-Wednesday): MRO Middle East, Dubai Trade Centre. 5-7 March (Tuesday-Thursday): World Police Summit, Dubai World Trade Centre. 5-7 March (Tuesday-Thursday): Dubai Entertainment Amusement & […]
UK-GCC free trade agreement could help trade grow 16%
Good morning, friends. It’s a reasonably calm Friday as far as the domestic news cycle goes, meaning we’re sending you off into the weekend with a tight issue this morning. WTO MINISTERIAL- The potential freetrade agreement between the UK and the GCC could “grow trade by around 16%,” UK Trade Policy Secretary Greg Hands told […]
Adnoc acquires 24.9% stake in Austrian OMV
The companies will continue to seek a final agreement on the Borouge merger with Borealis
KSA’s Acwa secures USD 738 mn to finance Dubai’s Hassyan desalination plant
The facility has been provided by regional and international lenders for a 32.5 year financing duration