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DECEMBER13 December – 4 January (Friday-Saturday): Liwa International Festival, Al Dhafra, Abu Dhabi.6 December-12 January: Dubai Shopping Festival.Signposted to happen sometime in December: JANUARY 20251 January (Wednesday): ADGM to slash licensing fees for retail and non-financial firms, and hike fees for finance firms.1 January (Wednesday): Health ins. to become mandatory for employees across the UAE.2 […]
Author Archives: enterpriseam
Posted inPLANET FINANCE
Businesses are bracing for Trump tariffs with frontloading and price hikes
Companies are frontloading orders and shifting their supply chain from China to other countries
Posted inALSO ON OUR RADAR
UAE opens a new trade link to China through Northern Pakistan
PLUS: Adnoc Distribution inked a five-year contract with Adnoc Gas Facilities to secure propane supplies through 2028
Posted inREAL ESTATE
Dubai property sales to hit AED 520 bn in 2024 -W Capital
Including mortgages and grants, total transactions in the emirate rose 32% y-o-y
Posted inWHAT WE’RE TRACKING TODAY
THIS MORNING: Dubai Land Department to roll out a smart rental index in January + health and auto ins. premiums in the emirate to rise next year
PLUS: UAE becomes largest investor in new business projects in Africa
Posted inECONOMY
Real GDP growth hits 3.6% in 1H 2024
Initial estimates for 1H 2024 are more or less in line with the IMF’s most recent projections
Posted inDEBT WATCH
Shuaa approves AED 425.5 mn convertible bond issuance
The bonds will be converted into shares at a fixed price of AED 0.32 per share
Posted inBUDGET WATCH
Ajman approves AED 3.7 bn budget for 2025
Quality of life comprises the lion’s share of the total budget