Greg Coffey’s hedge fund arrival in Abu Dhabi got ink the foreign press:Australian hedge fund trader Greg Coffey has become the latest business magnate to set up shop in Abu Dhabi with the expansion of his asset management firm Kirkoswald in Abu Dhabi Global Market (ADGM), Bloomberg reports.
Author Archives: enterpriseam
Abu Dhabi is getting a new medical city + ADIA invests in Indonesia’s infrastructure
HEALTHCARE- Abu Dhabi will build a medical city dedicated to women and children’s health, according to a statement from the Abu Dhabi Media Office. The facility will launch in 2027 and will include a new center of excellence — dubbed the Sheikh Khalifa Medical City (SKMC) center — for pediatric care, “the Corniche Hospital dedicated […]
Re-ins. players scale back coverage in the region to hedge against conflict escalation
Re-insurers are also upping prices and pressuring primary insurers in Lebanon, Jordan, and Israel to cap coverage
UAE wraps partnership talks with Costa Rica + plans to cooperate with Kazakhstan on data centers and AI infrastructure
Also: President talks diplomacy, terrorism with Erdogan
Abu Dhabi AI player G42 pushes back on US allegations it’s cozy with China
Company says it is “fully aligned with our US partners” and “not engaged with Chinese companies”
JANUARY16-18 January (Tuesday-Thursday): iFX EXPO Dubai 2024, Dubai World Trade Centre.19 January (Friday): The Abu Dhabi Extreme Championship 2 (ADXC 2), Mubadala Arena.21-23 January (Sunday-Tuesday): World of Coffee Dubai, Dubai World Trade Centre.23-25 January (Tuesday-Thursday): The Unmanned Systems Exhibition (UMEX) and the Simulation and Training Exhibition (SimTEX), Abu Dhabi National Exhibition Centre (ADNEC), Abu Dhabi.26-28 […]
THIS MORNING: World Bank sees stronger growth in the UAE + We have five days left until Davos
Good morning, friends, and welcome to a rather packed hump day issue. Let’s get right to it, but first, a programming note: EnterpriseAM UAE is off tomorrow. We’re heading out to a company offsite today before we come back to tool up ahead of the official launch of EnterpriseAM UAE next week. If you haven’t […]
World Bank sees higher growth in the UAE in 2024 + 2025
The upgrade comes on the back of a stronger rebound in oil activity and export growth.
Aldar wants to invest AED 1 bn in logistics
Aldar will set up its first logistics hub in Dubai
Gulf Capital offloads stake in AmCan
Gulf Capital exits stage left from AmCan: Abu Dhabi-based private equity giant GulfCapital sold off its controlling stake in sports nutrition and healthy foods distribution company AmCan to an unnamed MENA-based FMCG distributor, according to a press release (pdf). The transaction marked a “highly profitable” exit from the alternative asset manager’s third buyout fund, GC […]