The office inked an agreement for a cement manufacturing facility that will produce up to three mn tons of carbon-negative cement annually
Author Archives: enterpriseam
Posted inEARNINGS WATCH
Emirates REIT’s net income jumps 60% y-o-y in 9M 2024. PLUS: REIT refinances sukuk
The company refinanced its sukuk, offering a 7.5% profit rate
Posted inECONOMY
The IMF downgrades growth projection for the UAE in 2024, but remains upbeat
Non-oil sector growth, government reforms, increased public spending, and a hike in oil production will support growth
Posted inSPOTLIGHT
On the digital trade finance revolution, open banking, and what AI can do for corporate banking
Mashreq has rolled out Neo Corp in Qatar, Kuwait, and Bahrain, and plans to onboard a third of its client base onto the platform by year’s end
Posted inDISPUTE WATCH
Taqa Bratani, Spirit Energy lose UK court case against Viaro CEO over asset dispute
Taqa and Spirit claimed that Viaro intentionally removed the value from their partnership and caused its collapse
Posted inALSO ON OUR RADAR
Dubai Walk gets the green light
PLUS: Fujairah set to implement 3D printing in construction
Posted inECONOMY
Non-oil business activity marginally expanded in November
Employment growth declined to its weakest level in 31 months
Posted inENERGY
Adnoc secures another 15-year LNG supply agreement for Al Ruwais
Adnoc will deliver output from Ruwais in 2028
Posted inREGULATION WATCH
FSRA issues stablecoin framework
The framework sets strict measures on the constituents of reverse assets