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Author Archives: enterpriseam admin
Emirates NBD to lend Sidara an AED 183.65 mn sustainability-linked loan
Emirates NBD will extend an AED 183.65 mn sustainability-linked loan (SLL) to infrastructure firm Sidara (formerly Dar Group), according to a Dubai Media Office statement. This agreement marks Sidara’s first sustainability-linked loan. The loan will fund Sidara’s working capital requirements, including its efforts towards meeting net-zero targets, by “tying financial incentives to its sustainability performance,” […]
Five Holdings bags Spanish company Chioro for AED 210.26 mn
Five Holdings is financing the purchase with a mix of debt and equity
DHA introduces three-month permit for medical professionals + more from Arab Health
The Health Ministry introduced a health research platform alongside a project focused on analyzing carbon footprints
Issuing fatwas without a license can soon cost you AED 10-200k
The court can also close a violating institution or block a website for up to a year
The UAE was the GCC’s second-largest ins. market in 2022, Alpen says
Growth is attributed to favorable economic conditions, rising oil prices, eased visa regulations, and structural enhancements
More bumper bank earnings
ADCB, Commercial Bank of Dubai, Tecom Group, and Q Holding all reported results
Apex Investment’s vice chairman and board members resign
Apex posted a net loss of AED 58.4 mn in 2023
Of weddings and royals…
Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and UAE President Sheikh Mansour bin Zayed Al Nahyan attended an Abu Dhabi wedding yesterday