Fitch Ratings reaffirmed Abu Dhabi’s AA sovereign credit rating with a stable outlook while sharply upgrading its growth forecasts, according to a rating assessment. The agency now expects the emirate ...
A string of massive acquisitions drove Abu Dhabi’s 2PointZero Group’s 3Q revenue to increase nearly tenfold y-o-y to AED 11.8 bn from AED 1.2 bn, according to the group’s financial results (pdf).
The UAE has opened another door into Africa as its Comprehensive Economic Partnership Agreement (Cepa) with the Democratic Republic of Congo (DRC) enters into force today, according to state news ...
Energy leads with a 32% jump, food adds 10%, and metals go to a record. The Bank’s own numbers also show how little cushion ...
Fragmented enterprise data could force companies into another round of infrastructure investment before AI agents can scale reliably ...
Edge Group is taking control of a UAE maker of uncrewed offshore vessels: Strategic Development Fund (SDF), the Abu Dhabi investment firm wholly owned by Edge Group, agreed to raise its stake in ...
Good morning, folks. You will read below about three things the government is doing at once right now: selling a slice of a bank, ...
REMEMBER- The move comes as the government pushes to resolve stalled projects. President Abdel Fattah El Sisi directed the formation of a committee in August to inspect delayed real estate projects ...
Global instability reaches an Egyptian business through its costs. Input cost inflation climbed to a three-month high in September, driven by pricier oil, metals, ...
None of the 57 second-phase schools is up for contract this year, and investors cite construction costs and state-set tuition as challenges ...
Roughly 40% of what Gourmet sells comes out of its own factory, Chief Innovation Officer Dalia Sultan estimates, and the company wants that to reach 60%. She put the split on the record in the latest ...
Syria’s banking sector just landed its first post-war foreign investment: Qatar-listed Estithmar Holding has secured a foothold in Syria’s banking sector after signing an agreement to acquire 49% of ...
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