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Buffett believes that only a handful of firms remain that are capable of “truly moving the needle at Berkshire”
Author Archives: enterpriseam admin
Posted inDIPLOMACY
UAE, Kenya finalize trade agreement
The trade agreement with Kenya marks the third UAE CEPA inked with an African nation
Posted inCALENDAR
FEBRUARY 2-29 February (Friday-Thursday): Ras Al Khaimah Art 2024 Festival, Al Jazeera Al Hamra. 22-29 February (Thursday-Thursday): UAE Innovates 2024, Dubai. 26-28 February (Monday-Wednesday): RTA Startups Challenge, RTA Research and Innovation Centre for Mobility, Dubai. 26-29 February (Monday-Thursday): World Trade Organization Ministerial Conference, Abu Dhabi, UAE. 26-28 February (Monday-Wednesday): Management and Sustainability of Water Resources, […]
Posted inWHAT WE’RE TRACKING TODAY
Australia’s trade minister is coming to town + Plenty of tennis for the weekend
Good morning, wonderful people, and happy Friday. We’re rounding out the penultimate week of February with another relatively busy news day. THE BIG STORY here at home is Mubadala upping its stakes in two different companies in the western hemisphere. The Abu Dhabi sovereign wealth fund bought out an ins. player in the US, and […]
Posted inM&A WATCH
Mubadala buys out Truist Ins. Holdings alongside co-investors + ups its stake in Brazilian food retailer
The all-cash transaction values TIH at an inferred enterprise value of USD 15.5 bn
Posted inREAL ESTATE
Property transactions in Dubai crossed the 100k mark for the first time in 2023
Off-plan units accounted for more than half of sales, indicating an increase in investor demand
Posted inREAL ESTATE
More growth incoming
Although residential prices will remain “strong” in 2024, the rate of increase is expected to cool
Posted inDEBT WATCH
DIB gears up for 5-year sustainable sukuk issuance with investor meetings
The investor meetings are set to take place today
Posted inEARNINGS WATCH
Flydubai reels in record AED 2.1 bn in net income in 2023
The airline’s revenues grew 23% during the period to AED 11.2 bn