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The country is expected to reverse the decline seen in 2023
Author Archives: enterpriseam admin
Posted inBanking
Consumer spending set to grow 5% y-o-y next year, MasterCard says
Tourist spending in the Gulf is projected to be almost one quarter higher than in 2019
Posted inM&A WATCH
Emirates Stallions snaps up majority stake in labor provider
The company aims to attract and employ over 30k professionals across various sectors
Posted inINFRASTRUCTURE
TAQA hits financial close on AED 1.6 bn desalination project
71% of the funding is debt financing from local and international banks
Posted inFINANCE
What’s driving growth in Islamic finance?
Islamic banking made up 23% of the UAE’s overall banking assets
Posted inSTARTUP WATCH
Zeroe secures USD 2.2 mn in funding for decarbonization expansion
The round was led by Indonesian investor Owen Rahadiyan, who is offering access to significant Southeast Asian growth markets
Posted inTRENDING
UAE Twitter is feeling the Christmas spirit
UAE Twitter X is feeling festive: X users in the UAE are feeling the # Christmas spirit, with hashtag #خالد عيسى trending. The Al Ain FC goalkeeper, Khalid Eissa, also got a lot of attention for the second consecutive week after another impressive performance. Sterling did not live up to his namesake: Chelsea fans in […]
Posted inUAE IN THE NEWS
UAE in the News on 25 December 2023
Fines for Brooge Energy and the spat between KPMG and Freshfields earned most of the coverage abroad
Posted inALSO ON OUR RADAR
Investcorp consolidation + IHC’s Palm Sports snags two gov’t contracts + CBUAE’s cash deposits rise to AED 687.2 bn in October
Government deposits stood at AED 454.4 bn in October, up 4.34% y-o-y and 2.53% m-o-m