The renewed agreement is worth AED 18 bn and spans five years
Author Archives: enterpriseam admin
China’s ICBC lists USD 2 bn green bonds on Nasdaq Dubai
ICBC is listing four green bonds worth USD 2.03 bn on Nasdaq Dubai, making it the largest green bond issuer on the stock exchange
ADX now has a sustainability index
The index will assess companies’ annual performance based on their ESG scores and public performance reports
Layyah power + desalination station expansion is now online
The station is expected to produce 1,026 MW of energy and reduce 2.2 tons of carbon annually
FNC gets a shake up
The decisions include stricter rules for council members
(Unsurprising) construction boom
Construction market is potentially worth AED 265 mn in 2023, and will potentially reach AED 332 mn by 2027
UAE in the News on 29 October 2023
No surprises as COP28 dominates the international media’s coverage of the UAE.
DP World breaks ground on logistics park in Egypt’s Ain Sokhna port + SMEs are going greener
LOGISTICS- DP World breaks ground on Sokhna logistics park: Emirati port operator DP World has broken ground at its USD 80 mn DP World-Sokhna Logistic Park at Sokhna Industrial Zone, according to a Suez Canal Economic Zone (SCZone) press release. The 300k square meter project looks to provide services to local and regional logistics, commerce, […]