enterpriseam admin, Author at UAE

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by enterpriseam adminUAE EditionDecember 21, 2023

UAE IN THE NEWS

UAE in the News on 21 December 2023

by enterpriseam adminUAE EditionDecember 21, 2023

Asset managers have turned to Abu Dhabi for cash over the past decade

ALSO ON OUR RADAR

Egypt’s Ora developing USD 10 bn project in Ghantoot + Adnoc signs 15-year LNG agreement with ENN LNG + Block trading on Alpha Dhabi

by enterpriseam adminUAE EditionDecember 21, 2023

Sawiris-owned Ora Developers has partnered up with Q Holding for the project

PLANET FINANCE

2023 was good to Tadawul

by enterpriseam adminUAE EditionDecember 21, 2023

Traders are feeling grumpy in Asia this morning. But first: A look at Tadawul, which is closing the books on a year that sees international institutional investors finally giving a second look to one of the world’s most compelling equities markets. Saudi’s Tadawul is piquing the interest of fund managers from across the globe, with […]

DIPLOMACY

UAE, Austria discuss economic ties

by enterpriseam adminUAE EditionDecember 21, 2023

Austria invited UAE to attend its 2024 investment conference

CALENDAR

by enterpriseam adminUAE EditionDecember 21, 2023

DECEMBER 8-31 December: Abu Dhabi MOTN Entertainment Festival 8 December-14 January: Dubai Shopping Festival, City wide. 21-23 December (Thursday-Saturday): Abu Dhabi World Tennis League. 31 December (Sunday): RAK NYE Festival, Al Marjan Island. 2024 JANUARY 1 January (Monday): New years day, national holiday. 9-11 January (Tuesday-Thursday): Dubai International Pharmaceuticals and Technologies Conference and Exhibition, Dubai […]

WHAT WE’RE TRACKING TODAY

Non-oil exports rose in 1H 2023 + Mashreq customers now have access to Visa Direct Account

by enterpriseam adminUAE EditionDecember 20, 2023

Good morning, wonderful people, and a very happy Wednesday. The news cycle has slowed down just a touch on the home front, although we can’t quite say it’s a slow news day. THE BIG STORY AT HOME? For the first time in many days and many nights, it’s not capital markets-related. Non-oil exports out of […]

TRADE

UAE non-oil exports rise 15% y-o-y in 1H 2023

by enterpriseam adminUAE EditionDecember 20, 2023

Metal exports, valued at AED 53.2 bn, comprised 50.6% of total industrial exports.

M&A WATCH

Bayanat + Yahsat agree on all-share merger

by enterpriseam adminUAE EditionDecember 20, 2023

Debuting the first AI-powered space-tech company: The boards of AI-company Bayanat and satellite comms company Yahsat agreed on an all-share merger creating what would be the first AI-powered space technology company in the MENA region, according to ADX disclosures by Bayanat and Yahsat. The new merged entity will have a market cap of AED 15 […]