{"id":84735,"date":"2025-11-07T00:00:00","date_gmt":"2025-11-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/?post_type=issue&#038;p=84735"},"modified":"2025-12-11T10:25:43","modified_gmt":"2025-12-11T10:25:43","slug":"india-unveils-its-ai-governance-framework","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/","title":{"rendered":"India unveils its AI governance framework"},"content":{"rendered":"<section id=\"84737\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84737\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/emirates-nbds-open-offer-for-rbl-bank-in-december\/\">\r\n                            THIS MORNING: Emirates NBD\u2019s open offer for RBL bank in December.                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/emirates-nbds-open-offer-for-rbl-bank-in-december\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/emirates-nbds-open-offer-for-rbl-bank-in-december\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/emirates-nbds-open-offer-for-rbl-bank-in-december\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Emirates NBD\u2019s open offer for RBL bank in December.&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/emirates-nbds-open-offer-for-rbl-bank-in-december\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/emirates-nbds-open-offer-for-rbl-bank-in-december\/&title=Emirates NBD\u2019s open offer for RBL bank in December.\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Emirates+NBD%E2%80%99s+open+offer+for+RBL+bank+in+December.+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Femirates-nbds-open-offer-for-rbl-bank-in-december%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/emirates-nbds-open-offer-for-rbl-bank-in-december\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1521.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84738\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/emirates-nbds-open-offer-for-rbl-bank-in-december\/1521-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1521.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1521.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1521.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1521.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84737\" class=\"content-area-description single-story post-84737 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterpriseam-india tag-finance tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.f1d5726b-7351-4fe4-a575-610aedc64b6c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, readers. <\/strong>India\u2019s new power play is being written in code and crude.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India has unveiled its first-ever AI governance framework <\/strong>\u2014 opting for flexibility over strict rules \u2014 just as Nvidia joined the India Deep Tech Alliance. Reliance is taking an unusual turn putting UAE and Iraqi crude cargoes on the block amid shifting global oil flows.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over in the Gulf<\/strong>, Emirates NBD is preparing its open offer for RBL Bank, setting up what could become India\u2019s biggest foreign banking investment. The numbers may be cooling \u2014 services PMI has dipped \u2014 but the mood stays bullish. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Capital in motion: <\/strong>From Abu Dhabi\u2019s KSH Investment backing an India FinTech fund to global heavyweights expanding in logistics and real estate, cross-border capital continues to prove one thing: the India-Gulf investment corridor isn\u2019t just busy, it\u2019s booming.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>#1- <\/strong><strong>Emirates<\/strong><strong> NBD will launch its open offer for Mumbai-listed RBL Bank\u2019s public shares <\/strong><strong>on 12 December<\/strong>, with the tender period closing on 26 December, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/452.pdf\" style=\"\" rel=\"noopener\">filing (pdf)<\/a> to the NSE. The offer price remains set at INR 280 per share, as announced in October, while RBL shares last closed at INR 322.3. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Emirates NBD\u2019s board approved a plan last month to acquire 51-74% of India\u2019s RBL Bank through <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/879631e5-d1d0-41e2-8f32-53f3942aa99c\/enbd-moves-to-acquire-majority-stake-in-india%25e2%2580%2599s%253cmark%253e-rbl%253c%2Fmark%253e-bank\" style=\"\" rel=\"noopener\">a USD 3 bn preferential share issuance<\/a>, marking what would be the largest foreign investment in India\u2019s financial sector. The size of the preferential allotment will depend on how much of the open offer is taken up.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>ENBD tapped EY, JP Morgan, and NeoStrat Advisors as financial advisors and Shardul Amarchand Mangaldas & Co as counsel. AZB & Partners is providing counsel to RBL.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile\u2026<\/strong><strong>: <\/strong>Indian auto-giant <a target=\"_blank\" href=\"https:\/\/www.mahindra.com\/\" style=\"\" rel=\"noopener\">Mahindra & Mahindra<\/a> sold its entire 3.5% equity holding in RBL Bank for INR 6.8 bn (USD 77 mn) on Thursday, gaining a return of 62.5% on its investment, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/indias-mahindra-offloads-stake-worth-771-million-rbl-bank-2025-11-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The exit preempts the original stated timeline of seven to 10 years, as CEO Anish Shah had previously positioned the investment as a strategic move to gain deeper insight into the banking sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>#2- <\/strong><strong>India's<\/strong><strong> Purchasing Managers\u2019 Index (PMI) for the services sector declined to 58.9 in October from the robust 60.9 recorded in September<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/economy\/news\/india-services-pmi-october-2025-growth-slows-cost-pressures-125110600441_1.html\" style=\"\" rel=\"noopener\">Business Standard<\/a> reports, citing HSBC India Services Purchasing Managers\u2019 Index. Despite this moderation, the headline index remains indicative of a robust growth environment, sitting comfortably above the 50.0 threshold \u2014 the benchmark separating growth from contraction \u2014 and notably exceeding its long-run average of 54.3, the business daily added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The current PMI level is running well above historical metrics<\/strong>, suggesting that the underlying market conditions for the services sector remain fundamentally solid and structurally supportive of growth, HSBC's Chief India Economist Pranjul Bhandari told the daily. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>#3-<\/strong> <strong>US<\/strong><strong>-based semiconductor and AI company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.nvidia.com\/en-in\/\" style=\"\" rel=\"noopener\">Nvidia Corp<\/a><\/strong><strong> has joined the India Deep Tech Alliance as a founding member and strategic adviser<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/nvidia-joins-india-deep-tech-alliance-group-adds-new-members-850-million-pledge-2025-11-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The alliance \u2014 which also counts <a target=\"_blank\" href=\"https:\/\/www.qualcommventures.com\/\" style=\"\" rel=\"noopener\">Qualcomm Ventures<\/a>, <a target=\"_blank\" href=\"https:\/\/www.activateai.io\/\" style=\"\" rel=\"noopener\">Activate AI<\/a>, <a target=\"_blank\" href=\"https:\/\/www.infoedgeventures.in\/\" style=\"\" rel=\"noopener\">InfoEdge Ventures<\/a>, <a target=\"_blank\" href=\"https:\/\/www.chiratae.com\/\" style=\"\" rel=\"noopener\">Chiratae Ventures<\/a>, and <a target=\"_blank\" href=\"https:\/\/kalaari.com\/\" style=\"\" rel=\"noopener\">Kalaari Capital<\/a> among its members \u2014 has raised over INR 71 bn (USD 850 mn) in new commitments to support India-based startups in AI, semiconductors, space technology, and robotics. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alliance expansion: <\/strong>As part of its advisory role, Nvidia will provide technical expertise, developer training, and policy input to help startups adopt advanced computing tools and scale globally. The move aligns with India\u2019s INR 1 tn (USD 12 bn) national research and innovation programme, as deep-tech investment in the country grew 78% y-o-y to INR 133 bn (USD 1.6 bn) in 2024, the newswire added, citing a <a target=\"_blank\" href=\"https:\/\/nasscom.in\/knowledge-center\/publications\/indias-deeptech-dawn-forging-ahead\" style=\"\" rel=\"noopener\">Nasscom<\/a><a target=\"_blank\" href=\"https:\/\/nasscom.in\/knowledge-center\/publications\/indias-deeptech-dawn-forging-ahead\" style=\"\" rel=\"noopener\">report<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Middle East footprint: <\/strong>Nvidia is deepening its Middle East footprint, launching the region\u2019s first joint AI and robotics lab with Abu Dhabi\u2019s Technology Innovation Institute and agreeing to supply its latest Blackwell chips to Saudi Arabia\u2019s Humain AI platform, <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/nvidia-jensen-huang-ai-saudi-arabia-1c9de67f0bf962782af090b0bc862a3b\" style=\"\" rel=\"noopener\">AP News<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> #3- US President Donald Trump and Indian Prime Minister Narendra Modi are in regular contact as trade talks between the two countries continue<\/strong>, according to a White House <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=567EpNddcJI\" style=\"\" rel=\"noopener\">statement<\/a>. Trump \u201chas great respect for Prime Minister Modi,\u201d White House spokesperson Karoline Leavitt said, adding that the two leaders have been speaking frequently as trade teams engage in \u201cvery serious discussions.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trade backdrop: <\/strong>The statement followed Trump\u2019s remarks in South Korea last week that Washington wants to reach a new trade deal with India, after relations hit their lowest point in decades when the US doubled tariffs on Indian imports in response to India\u2019s continued purchases of Russian oil. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>#4- <\/strong><strong>An<\/strong><strong> EU-sanctioned tanker is discharging Russian naphtha at an Adani-operated port<\/strong>, highlighting the Adani Group\u2019s change of stance on its September ban on sanctioned vessels docking at the port, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/eu-sanctioned-vessel-unloads-russian-naphtha-adani-run-indian-port-tracking-data-2025-11-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The medium-range tanker Prometei is currently unloading approximately 30k metric tons of Russian naphtha at the Mundra port in western India. This development contradicts the Adani Group's 11 September directive which explicitly barred tankers sanctioned by Western countries from all its ports. Last month, the port turned away a different sanctioned vessel chartered by Roseneft-backed refiner Nayara Energy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Global<\/strong><strong> stock market index MSCI<\/strong><strong> will add four India-listed companies to its flagship index by 24 November <\/strong>\u2014 Paytm, Fortis Healthcare, GE Vernova T&D India, and Siemens Energy India, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/msci-add-paytm-3-other-indian-stocks-flagship-global-index-2025-11-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Two Indian firms, Tata Elxsi and logistics company Container Corporation of India, will be removed. Eight Indian stocks will see an increase in their representation, with notable mentions including Asian Paints, Apollo Hospitals, Lupin, and SRF. Seven stocks will experience a reduction in weightage, including Samvardhana Motherson, Dr. Reddy's, REC, and Zydus Life.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Millennials<\/strong><strong> and Generation Z together accounted for over 80% of outbound travel bookings from the UAE in 2025<\/strong>, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/corporate-news\/atlys-data-reveals-millennials-and-gen-z-account-for-80-of-uae-outbound-bookings-in-2025-1.500334449\" style=\"\" rel=\"noopener\">Gulf news<\/a> reports, citing data from US-based visa processing platform Atyls. Millennials made up nearly 56% of total bookings, Gen Z about 25%, and Gen X travellers 17.11%. The platform reported a 69% male to 31% female ratio among travelers. Top destinations for UAE residents included Egypt, Indonesia, Saudi Arabia, Turkey, and Azerbaijan in the summer, while Saudi Arabia, the UK, Thailand, and Indonesia led in winter preferences.<\/p>\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi<\/strong><strong> Arabia\u2019s Foreign Ministry has launched a pilot version of its e-visa to simplify short-term travel applications<\/strong>, <a target=\"_blank\" href=\"https:\/\/timesofindia.indiatimes.com\/world\/middle-east\/saudi-arabia-launches-new-instant-evisa-platform-eligibility-application-fees-all-you-need-to-know\/articleshow\/124890943.cms\" style=\"\" rel=\"noopener\">The Times of India<\/a> reports. The digital system issues single-entry visas valid up to 90 days and multiple-entry visas valid for one year within three business days. The visa costs about USD 80 excluding service and ins. fees and is open to citizens of more than 60 countries. Holders of valid US, UK, or Schengen visas and permanent residents of eligible countries can avail the service. However, Indian passport holders are not eligible. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Musk is getting his USD 1 tn package: <\/strong>Tesla shareholders approved CEO Elon Musk\u2019s USD 1 tn pay package \u2014 the largest ever for a CEO and a figure larger than the size of most economies. This sets Musk up to become the world\u2019s first t\u2019naire, and to expand his stake in the EV maker to 25% or more over the next 10 years. The package is tied to targets including a significant expansion of Tesla\u2019s market value, getting its robotaxis off the ground, and improving its car business as it continues to lose market share to Chinese competitors. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-06\/tesla-shareholders-approve-1-trillion-pay-package-for-elon-musk?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/47ac6557-7ded-4f63-a767-173459a4df68\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/live-tesla-shareholders-vote-elon-musks-1-trillion-pay-package-2025-11-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/autos\/elon-musk-tesla-pay-package-vote-9abd5a73?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/11\/06\/business\/elon-musk-tesla-pay-vote.html\" style=\"\" rel=\"noopener\">New York Times<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Swiss commodity trader Guvnor has withdrawn its USD 22 bn bid to take over Russian energy firm Lukoil\u2019s international assets<\/strong> after the US blocked the transaction, criticizing the firm for being \u201cthe Kremlin\u2019s puppet.\u201d (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/19e5e9ce-781b-450f-aac0-f11bb404fb9b\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/gunvor-says-withdraws-bid-buy-assets-russian-energy-firm-lukoil-2025-11-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLOSER TO HOME- Sudan\u2019s Rapid Support Forces agreed to a ceasefire proposal put forward by the US, the UAE, Saudi Arabia, and Egypt<\/strong>, which would last three months and be followed potentially by an end to hostilities. The caveat? This is not the first ceasefire it has agreed to, with several previously failing to end the war against the Sudanese army which has now been ongoing for 30 months. The news comes following an escalation of violence after the RSF took over the city of El Fashir, with reports of mass killings and kidnappings. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/sudans-rsf-agrees-us-proposal-humanitarian-ceasefire-2025-11-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/nov\/06\/sudanese-militia-group-accused-of-war-crimes-agrees-to-a-ceasefire\" style=\"\" rel=\"noopener\">Guardian<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Kazakhstan is set to join the Abraham Accords<\/strong>, US President Donald Trump said yesterday, formalizing its already normalized ties with Israel. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/witkoff-says-will-announce-new-country-enter-abraham-accords-thursday-night-2025-11-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84739\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84739\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/cedar-ibsi-capital-secures-abu-dhabi-lp-for-india-fintech-fund\/\">\r\n                            Abu Dhabi\u2019s KSH Investments backs Cedar-IBSi FinTech fund                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/cedar-ibsi-capital-secures-abu-dhabi-lp-for-india-fintech-fund\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/cedar-ibsi-capital-secures-abu-dhabi-lp-for-india-fintech-fund\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/cedar-ibsi-capital-secures-abu-dhabi-lp-for-india-fintech-fund\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Cedar-IBSi Capital secures Abu Dhabi LP for India FinTech fund&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/cedar-ibsi-capital-secures-abu-dhabi-lp-for-india-fintech-fund\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/cedar-ibsi-capital-secures-abu-dhabi-lp-for-india-fintech-fund\/&title=Cedar-IBSi Capital secures Abu Dhabi LP for India FinTech fund\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Cedar-IBSi+Capital+secures+Abu+Dhabi+LP+for+India+FinTech+fund+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Fcedar-ibsi-capital-secures-abu-dhabi-lp-for-india-fintech-fund%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/cedar-ibsi-capital-secures-abu-dhabi-lp-for-india-fintech-fund\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/271.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84740\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/cedar-ibsi-capital-secures-abu-dhabi-lp-for-india-fintech-fund\/271-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/271.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"271.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/271.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/271.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84739\" class=\"content-area-description single-story post-84739 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-enterpriseam-india tag-investment-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.ddf807d2-3619-4f5e-bddb-a47b889e9b38.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>India<\/strong><strong>-based venture-capital firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/cedaribsicapital.vc\/\" style=\"\" rel=\"noopener\">Cedar-IBSi Capital<\/a><\/strong><strong> has received a limited-partner (LP) commitment from Abu Dhabi\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.kshinfra.com\/\" style=\"\" rel=\"noopener\">KSH Investments<\/a><\/strong> for its debut FinTech fund, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/cedar-ibsi-capital-taps-key-lp-commitment-from-private-department-of-h-e-sheikh-mohamed-bin-khalid-al-nahyan-for-india-fintech-fund-so47vrsq\" style=\"\" rel=\"noopener\">press release<\/a>. KSH Investments is the strategic global investment and wealth-management arm of the Private Department of Mohamed bin Khalid Al Nahyan in Abu Dhabi.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fund details: <\/strong>Launched in 2023, the fund targets an up to INR 2.6 bn (up to USD 30 mn) ticket size and focuses on B2B and enterprise software for financial services. It builds on the banking-technology legacy of Cedar consulting and IBS Intelligence.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Commitment and advisers: <\/strong>The LP commitment from KSH Investment was described as sizable, with financial terms undisclosed. The partnership aims to tap the Indian and regional FinTech ecosystem, leveraging Cedar\u2019s sector expertise. Finmark Capital (DIFC) and Profit Financial Advisory acted as strategic advisers to the transaction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Existing backers + strategy:<\/strong> The fund completed its first close in 2024 and is already backed by Indian institutional investors including Muthoot Finance, IIFL Capital, and a number of family offices. It plans to invest up to INR 88 mn (up to USD 1 mn) per company in 10-15 early-stage FinTech startups. Current portfolio companies include intelligent-document-processing firm <a target=\"_blank\" href=\"https:\/\/cogniquest.ai\/\" style=\"\" rel=\"noopener\">Cogniquest<\/a> and an incentive-compensation software firm <a target=\"_blank\" href=\"https:\/\/wonderlendhubs.com\/\" style=\"\" rel=\"noopener\">WonderLend Hubs<\/a>, with a third investment currently under evaluation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Outlook: <\/strong>The fund expects a final close by end-2025. Founder and Managing Partner Sahil Anand said the partnership will strengthen cross-border collaboration in financial-technology investment between India and the UAE.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84741\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84741\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/reliance-offers-middle-eastern-crude-for-sale-in-rare-move\/\">\r\n                            Reliance puts UAE, Iraqi oil cargoes up for sale in rare trading move                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/reliance-offers-middle-eastern-crude-for-sale-in-rare-move\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/reliance-offers-middle-eastern-crude-for-sale-in-rare-move\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/reliance-offers-middle-eastern-crude-for-sale-in-rare-move\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Reliance offers Middle Eastern crude for sale in rare move&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/reliance-offers-middle-eastern-crude-for-sale-in-rare-move\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/reliance-offers-middle-eastern-crude-for-sale-in-rare-move\/&title=Reliance offers Middle Eastern crude for sale in rare move\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Reliance+offers+Middle+Eastern+crude+for+sale+in+rare+move+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Freliance-offers-middle-eastern-crude-for-sale-in-rare-move%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/reliance-offers-middle-eastern-crude-for-sale-in-rare-move\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/816.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84742\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/reliance-offers-middle-eastern-crude-for-sale-in-rare-move\/816-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/816.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"816.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/816.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/816.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84741\" class=\"content-area-description single-story post-84741 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-energy tag-enterpriseam-india tag-oil-and-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.0f804103-48f8-48f3-8130-15a9c0eceb9e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Indian oil giant <\/strong><strong>Reliance Industries has offered Middle Eastern crude cargoes for sale to domestic and international buyers in a rare move<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-06\/india-s-reliance-trying-to-sell-middle-eastern-oil-in-rare-offer?srnd=phx-india-v2\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing people at companies that received the offers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The offer:<\/strong> Reliance, which operates a key refining complex in the western state of Gujarat, has sought buyers for Murban and Upper Zakum crude from the UAE on the spot market. The company has also sold a cargo of Iraqi Basrah Medium crude to a Greek buyer, the news outlet added, citing people familiar with the sale. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Unusual step: <\/strong>Reliance is typically a major importer of Middle Eastern and Russian oil, not a seller. The move marks a reversal of its usual trading pattern and comes as Indian refiners adjust supply sources amid tightening Western sanctions that have made purchasing discounted Russian crude more difficult.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Compliance shift:<\/strong> Reliance was India\u2019s top importer of Russian crude this year but purchased additional barrels from the Middle East last month after the US imposed new sanctions on Russian oil revenues. The company said it would comply with sanctions and adjust operations to meet new rules. It previously had a term supply deal of about 500k barrels per day (bpd) with Russia\u2019s Rosneft PJSC. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market context:<\/strong> India\u2019s crude imports from the US rose to a record 568k bpd in September, dislodging the UAE as New Delhi\u2019s fourth-largest supplier, <a target=\"_blank\" href=\"https:\/\/www.thehindubusinessline.com\/economy\/indias-record-october-crude-oil-imports-from-us-may-sustain-in-november-2025\/article70247300.ece\" style=\"\" rel=\"noopener\">The Hindu Businessline<\/a> reported, citing Kpler data. Imports from the US averaged 450k-500k bpd in October and are expected to remain steady in November, the news outlet added, citing Kpler lead analyst Sumit Ritolia. The increase was driven by a favorable Brent-WTI spread and lower freight costs, helping Indian refiners diversify supply as Russian inflows decline.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/energy\/\">ENERGY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84743\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84743\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">TRADE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sanmar-group-signs-long-term-perchem-supply-agreement-with-taziz\/\">\r\n                            Sanmar group signs long term perchem supply agreement with Ta\u2019ziz                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sanmar-group-signs-long-term-perchem-supply-agreement-with-taziz\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sanmar-group-signs-long-term-perchem-supply-agreement-with-taziz\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sanmar-group-signs-long-term-perchem-supply-agreement-with-taziz\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Sanmar group signs long term perchem supply agreement with Ta\u2019ziz&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sanmar-group-signs-long-term-perchem-supply-agreement-with-taziz\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sanmar-group-signs-long-term-perchem-supply-agreement-with-taziz\/&title=Sanmar group signs long term perchem supply agreement with Ta\u2019ziz\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Sanmar+group+signs+long+term+perchem+supply+agreement+with+Ta%E2%80%99ziz+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Fsanmar-group-signs-long-term-perchem-supply-agreement-with-taziz%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sanmar-group-signs-long-term-perchem-supply-agreement-with-taziz\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2073.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84744\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sanmar-group-signs-long-term-perchem-supply-agreement-with-taziz\/2073-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2073.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2073.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2073.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2073.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84743\" class=\"content-area-description single-story post-84743 post type-post status-publish format-standard has-post-thumbnail hentry category-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.e13ffbea-10c6-431a-a95c-facdd7c3b017.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Ta\u2019ziz secures offtake for EDC and VCM: <\/strong>Abu Dhabi based Ta\u2019ziz signed two term sheets with India\u2019s Sanmar Group for long-term product sales covering more than 350k tonnes a year of ethylene dichloride (EDC) and vinyl chloride monomer (VCM), according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/energy\/taziz-signs-product-sale-agreement-term-sheets-with-the-sanmar-group-for-supply-of-key-petrochemical-feedstock\/\" style=\"\" rel=\"noopener\">statement<\/a>. The feedstocks will be produced at the Ta\u2019ziz industrial ecosystem in Ruwais Industrial City and supplied under agreements running for up to 10-years, giving Sanmar secure offtake for core inputs used in polyvinyl chloride (PVC). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Ta\u2019ziz \u2014 a JV between ADQ and Adnoc \u2014 just <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3a1de21c-9e9b-4b56-9a30-92fb280f1cb9\/\" style=\"\" rel=\"noopener\">awarded<\/a> a AED 7.3 bn (c.USD 2 bn) EPC contract to China National Chemical Engineering & Construction Corporation Seven to build the UAE\u2019s first PVC plant in Ta\u2019ziz industrial ecosystem in Ruwais. The facility will produce 1.9 mn tonnes annually of PVC, ethylene dichloride (EDC), vinyl chloride monomer (VCM), and caustic soda. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Industrial ecosystem? <\/strong>Ta\u2019ziz inked off some USD 6.7 bn in EPC contracts awarded for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/48e6b2d3-4cbc-4656-a4bf-135878765665\" style=\"\" rel=\"noopener\">ammonia<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9c360fb0-c425-479c-aaee-2424a57c2819\" style=\"\" rel=\"noopener\">methanol<\/a> plants within Phase 1 of the company\u2019s industrial ecosystem in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/319596cf-0300-4639-8cbf-f4407941feb7\" style=\"\" rel=\"noopener\">Ruwais<\/a> \u2014 which is expected to contribute some AED 183 bn to the economy \u2014 targeting 4.7 mn tonnes annually of capacity across chemicals and transition-fuel products. T\u2019aziz has also already awarded three <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/48e6b2d3-4cbc-4656-a4bf-135878765665\/adipec-day-three:-more-agreements-from-adnoc\" style=\"\" rel=\"noopener\">USD 2 bn<\/a> contracts for infrastructure development at its chemicals and transition fuels site in Al Ruwais Industrial City.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84745\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84745\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">POLICY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-unveils-first-ai-governance-policy\/\">\r\n                            India releases India\u2019s first AI governance policy guideline                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-unveils-first-ai-governance-policy\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-unveils-first-ai-governance-policy\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-unveils-first-ai-governance-policy\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=India unveils first AI governance policy&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-unveils-first-ai-governance-policy\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-unveils-first-ai-governance-policy\/&title=India unveils first AI governance policy\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=India+unveils+first+AI+governance+policy+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Findia-unveils-first-ai-governance-policy%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-unveils-first-ai-governance-policy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/675.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84746\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-unveils-first-ai-governance-policy\/675-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/675.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"675.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/675.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/675.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84745\" class=\"content-area-description single-story post-84745 post type-post status-publish format-standard has-post-thumbnail hentry category-policy tag-artificial-intelligence tag-enterpriseam-india tag-policy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.c674a933-529e-405f-af3c-9d04d2d6c470.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s<\/strong><strong> Electronics and Information Technology Ministry has released the country\u2019s first AI policy framework<\/strong>, which proposes adaptive regulation and amendments to existing laws instead for a new standalone AI act, <a target=\"_blank\" href=\"https:\/\/www.thehindubusinessline.com\/info-tech\/india-unveils-first-ai-governance-framework-opts-for-adaptive-regulation-over-new-law\/article70244894.ece\" style=\"\" rel=\"noopener\">The Hindu Businessline<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Framework details: <\/strong>The framework aims to promote AI adoption built around the guiding principles of accountability, inclusivity, reliability, fairness, safety and security, equality, transparency and sustainability. The government has also outlined six governance pillars, covering areas including infrastructure, risk mitigation, capacity building, and oversight mechanisms, according to the <a target=\"_blank\" href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2186639\" style=\"\" rel=\"noopener\">Press Information Bureau<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Regulatory approach: <\/strong>The framework recommends updating existing regulations \u2014 including the Information Technology Act, 2000, and the Digital Personal Data Protection Act, 2023 \u2014 instead of introducing a new AI-specific law. It aims to address emerging risks such as bias, misinformation, and data misuse through targeted amendments. The framework also proposes setting up an AI Governance Group supported by an expert committee to monitor compliance and guide sectoral reforms, according to the <a target=\"_blank\" href=\"https:\/\/static.pib.gov.in\/WriteReadData\/specificdocs\/documents\/2025\/nov\/doc2025115685601.pdf\" style=\"\" rel=\"noopener\">Press Information Bureau<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Policy direction: <\/strong>The ministry\u2019s senior most official, Secretary S. Krishnan, said the focus is on \u201cencouraging innovation first while ensuring accountability through adaptive oversight.\u201d The framework was developed by a committee chaired by leading academics with participation from government think tank NITI Aayog, Microsoft Research India, law firm Trilegal, and software industry think tank iSPIRT Foundation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global context: <\/strong>India\u2019s model positions itself between the EU\u2019s AI Act, which adopts a strict risk-based framework, and the US\u2019 voluntary guidelines, promoting a flexible balance between innovation and safety. The framework was unveiled in New Delhi on 5 November, ahead of the India AI Impact Summit 2026.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/artificial-intelligence\/\">artificial intelligence<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/policy\/\">Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84747\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84747\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">IPO WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sbi-to-sell-6-3-stake-in-fund-arm-through-ipo\/\">\r\n                            SBI to list mutual fund joint venture with Amundi                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sbi-to-sell-6-3-stake-in-fund-arm-through-ipo\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sbi-to-sell-6-3-stake-in-fund-arm-through-ipo\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sbi-to-sell-6-3-stake-in-fund-arm-through-ipo\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=SBI to sell 6.3% stake in fund arm through IPO&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sbi-to-sell-6-3-stake-in-fund-arm-through-ipo\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sbi-to-sell-6-3-stake-in-fund-arm-through-ipo\/&title=SBI to sell 6.3% stake in fund arm through IPO\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=SBI+to+sell+6.3%25+stake+in+fund+arm+through+IPO+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Fsbi-to-sell-6-3-stake-in-fund-arm-through-ipo%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sbi-to-sell-6-3-stake-in-fund-arm-through-ipo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1273.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84748\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/sbi-to-sell-6-3-stake-in-fund-arm-through-ipo\/1273-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1273.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1273.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1273.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1273.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84747\" class=\"content-area-description single-story post-84747 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-enterpriseam-india tag-ipo tag-ipo-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.8342f079-d432-431d-a80d-6435181b6d9c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">  <strong>SBI to sell 6.3% stake in fund arm:<\/strong> Public sector lender State Bank of India (SBI) will sell a 6.3% stake in its asset-management joint venture SBI Funds Management (SBIFML) through an IPO, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/state-bank-india-sell-63-stake-sbi-funds-management-via-ipo-2025-11-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Joint venture structure: <\/strong>SBIFML is a joint venture between SBI and Amundi India Holding, a subsidiary of French asset manager Amundi SA. SBI holds 61.9%, while Amundi India Holding owns 36.4% in the firm. Amundi will sell an additional 3.7% stake in the IPO, taking the total offer size to about 10% SBIFML\u2019s equity. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Business scale: <\/strong>The fund manager oversees nearly INR 120 bn (USD 1.37 bn) in assets, catering to retail and institutional investors through mutual funds and investment portfolios. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Timeline: <\/strong>The IPO is expected to be completed in 2026. SBI said it will appoint investment bankers and conduct a fresh valuation of SBIFML before proceeding with the offer. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>This marks SBI\u2019s second attempt to list its asset-management arm after an earlier plan announced in 2021 was shelved due to market volatility and internal capital considerations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market context: <\/strong>The announcement comes amid a strong IPO cycle in India. More than 240 large and mid-size firms raised about INR 876 bn (USD 10.5 bn) in the first nine months of 2025, with total proceeds expected to surpass the previous year\u2019s INR 1.71 tn (USD 20.5 bn). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The banking and finance sector has raised INR 167 bn (US 1.9 bn) through IPOs till October this year.<\/strong> The Abu Dhabi Investment Authority (ADIA) backed three significant IPOs in India during 2025: LG electronics, Lenskart, and Groww.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/ipo\/\">IPO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84749\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84749\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-new-zealand-fta-negotiations-in-auckland\/\">\r\n                            India-New Zealand trade talks resume; goods and services top agenda                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-new-zealand-fta-negotiations-in-auckland\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-new-zealand-fta-negotiations-in-auckland\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-new-zealand-fta-negotiations-in-auckland\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=India + New Zealand FTA negotiations in Auckland&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-new-zealand-fta-negotiations-in-auckland\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-new-zealand-fta-negotiations-in-auckland\/&title=India + New Zealand FTA negotiations in Auckland\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=India+%2B+New+Zealand+FTA+negotiations+in+Auckland+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Findia-new-zealand-fta-negotiations-in-auckland%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-new-zealand-fta-negotiations-in-auckland\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84750\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/india-new-zealand-fta-negotiations-in-auckland\/1201-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1201.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84749\" class=\"content-area-description single-story post-84749 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterpriseam-india wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.801f159c-4fd4-4c67-828c-c4b67eb84cf0.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>India\u2019s<\/strong><strong> Commerce Minister Piyush Goyal arrived in Auckland, New Zealand to review progress on the proposed FTA between the two countries<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.ptinews.com\/editor-detail\/Goyal-reaches-New-Zealand-to-review-progress-of-FTA-talks\/3067611\" style=\"\" rel=\"noopener\">Press Trust of India<\/a> reports. The visit coincides with the fourth round of negotiations, which began on 3 November and will continue through 7 November. Goyal met New Zealand\u2019s Trade and Investment Minister Todd McClay to assess progress on key chapters including trade in goods and services and rules of origin.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The talk aims to build on momentum from earlier rounds<\/strong> since negotiations were launched on 16 March and to move toward an early conclusion of a comprehensive agreement. Bilateral merchandise trade between India and New Zealand stood at USD 1.3 bn in FY 2024-25, marking a 49% y-o-y growth, <a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/news\/economy\/foreign-trade\/piyush-goyal-reaches-new-zealand-to-review-progress-of-fta-talks\/articleshow\/125100653.cms\" style=\"\" rel=\"noopener\">The Economic Times<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Agri-tech cooperation: <\/strong>Agriculture technology has emerged as a key focus area in the India-New Zealand trade talks, <a target=\"_blank\" href=\"https:\/\/www.thehindu.com\/business\/Industry\/agri-tech-is-a-big-part-of-fta-negotiations-with-india-says-new-zealand-trade-minister-mcclay\/article70243768.ece\" style=\"\" rel=\"noopener\">The Hindu<\/a> reports. McClay said his country plans to share farm innovations, irrigation expertise, and sustainability models to support Prime Minister Narendra Modi\u2019s 2030 farm-income goal, as both sides work to narrow differences on agricultural market access. The two countries are also exploring collaboration in food processing and climate-resilient farming.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aviation and connectivity: <\/strong>Goyal also met Air New Zealand CEO Nikhil Ravishankar to explore collaboration in India\u2019s expanding aviation sector, <a target=\"_blank\" href=\"https:\/\/www.aninews.in\/news\/business\/piyush-goyal-discusses-expanding-opportunities-in-indian-aviation-sector-with-air-new-zealand-ceo20251106081614\" style=\"\" rel=\"noopener\">ANI<\/a> reports. Discussions covered training partnerships, maintenance cooperation and the possibility of direct flight connectivity by 2028 to strengthen business and tourism links. Both sides said aviation collaboration could play a key role in boosting bilateral trade and mobility.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The renewed push follows efforts by both countries to diversify supply chains beyond the Asia-Pacific\u2019s dominant trade corridors<\/strong>. New Zealand seeks deeper access to India\u2019s services and agri-markets, while India aims to tap advanced food-tech and logistics expertise as part of its export diversification agenda. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> INDIA + JAPAN-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India's<\/strong><strong> Foreign Minister S. Jaishankar affirmed the deepening strategic partnership between India and Japan<\/strong>, identifying it as essential for enhancing stability in the Indo-Pacific region and contributing to global economic growth, according to a <a target=\"_blank\" href=\"https:\/\/www.mea.gov.in\/Speeches-Statements.htm?dtl\/40257\/EAM_Dr_S_Jaishankars_address_to_the_8th_IndiaJapan_IndoPacific_Forum_November_05_2025\" style=\"\" rel=\"noopener\">press release<\/a>. Speaking at the 8th India-Japan Indo-Pacific Forum, Jaishankar stressed that as two major maritime democracies, the nations share a \"larger responsibility\" for the region. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84751\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84751\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/tesla-appoints-sharad-agarwal-as-india-head\/\">\r\n                            Tesla names Sharad Agarwal as India head                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/tesla-appoints-sharad-agarwal-as-india-head\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/tesla-appoints-sharad-agarwal-as-india-head\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/tesla-appoints-sharad-agarwal-as-india-head\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Tesla appoints Sharad Agarwal as India head&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/tesla-appoints-sharad-agarwal-as-india-head\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/tesla-appoints-sharad-agarwal-as-india-head\/&title=Tesla appoints Sharad Agarwal as India head\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Tesla+appoints+Sharad+Agarwal+as+India+head+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Ftesla-appoints-sharad-agarwal-as-india-head%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/tesla-appoints-sharad-agarwal-as-india-head\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84752\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/tesla-appoints-sharad-agarwal-as-india-head\/1201-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1201.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84751\" class=\"content-area-description single-story post-84751 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-enterpriseam-india tag-moves wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.e31075a9-9661-4ab2-afb1-22ca72328423.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tesla<\/strong><strong> has appointed Sharad Agarwal (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/sharad-agarwal-13013716\/?originalSubdomain=in\" style=\"\" rel=\"noopener\">Linkedin<\/a><\/strong><strong>), former head of Lamborghini India, as its India head<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.ptinews.com\/story\/business\/tesla-appoints-sharad-agarwal-as-india-head\/3068125\" style=\"\" rel=\"noopener\">Press Trust of India<\/a> reports. Agarwal, who most recently served as chief business officer at Classic Legends, a subsidiary of Mahindra & Mahindra, has over two decades of experience in the automotive sector, including leadership roles at Volkswagen Group. He will oversee Tesla\u2019s operations and market strategy as the company expands its footprint in India.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84753\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84753\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/lighthouse-canton-raises-inr-3-3-bn-in-fund-led-by-peak-xv-partners\/\">\r\n                            Lighthouse Canton secures INR 3.3 bn in strategic funding                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/lighthouse-canton-raises-inr-3-3-bn-in-fund-led-by-peak-xv-partners\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/lighthouse-canton-raises-inr-3-3-bn-in-fund-led-by-peak-xv-partners\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/lighthouse-canton-raises-inr-3-3-bn-in-fund-led-by-peak-xv-partners\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Lighthouse Canton raises INR 3.3 bn in fund led by Peak XV Partners&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/lighthouse-canton-raises-inr-3-3-bn-in-fund-led-by-peak-xv-partners\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/lighthouse-canton-raises-inr-3-3-bn-in-fund-led-by-peak-xv-partners\/&title=Lighthouse Canton raises INR 3.3 bn in fund led by Peak XV Partners\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Lighthouse+Canton+raises+INR+3.3+bn+in+fund+led+by+Peak+XV+Partners+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Flighthouse-canton-raises-inr-3-3-bn-in-fund-led-by-peak-xv-partners%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/lighthouse-canton-raises-inr-3-3-bn-in-fund-led-by-peak-xv-partners\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1231.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84754\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/lighthouse-canton-raises-inr-3-3-bn-in-fund-led-by-peak-xv-partners\/1231-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1231.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1231.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1231.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1231.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84753\" class=\"content-area-description single-story post-84753 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseam-india tag-investment wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.da5efc80-bc6a-44cb-9cab-111e0453168d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Singapore<\/strong><strong>-based investment firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.lighthouse-canton.com\/\" style=\"\" rel=\"noopener\">Lighthouse Canton<\/a><\/strong><strong> has raised INR 3.3 bn (USD 40 mn) in a strategic funding round led by <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.peakxv.com\/\" style=\"\" rel=\"noopener\">Peak XV Partners<\/a><\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/lighthouse-canton-secures-40mln-in-strategic-funding-led-by-peak-xv-partners-to-power-its-next-phase-of-growth-azmtlosf\" style=\"\" rel=\"noopener\">press release<\/a>. Other investors include the investment holding company <a target=\"_blank\" href=\"https:\/\/magnitt.com\/investors\/nextinfinity-management-56431\" style=\"\" rel=\"noopener\">Nextinfinity<\/a> and <a target=\"_blank\" href=\"https:\/\/qic-group.com\/\" style=\"\" rel=\"noopener\">Qatar Insurance Company (QIC)<\/a>, an existing backer. This marks the firm\u2019s first external fundraise, with proceeds to be used to upgrade its technology platform, expand product offerings, and recruit senior talent for its next phase of growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India focus: <\/strong>Founded in 2014, Lighthouse Canton manages over INR 412 (USD 5 bn) in assets across Singapore, India, the UAE, and the UK. The firm recently announced plans to invest over INR 124 bn (USD 1.5 bn) in India over the next few years, targeting private credit and real estate. It has already deployed about USD 350 mn in Indian alternative assets and manages 1.2 mn sq ft of real estate in Hyderabad, while expanding to Bengaluru and Mumbai, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/singapores-lighthouse-canton-invest-over-15-bln-india-eyes-private-credit-real-2025-10-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AI-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AI customer <\/strong><strong>support platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/giga.ai\/blog\/series-a\" style=\"\" rel=\"noopener\">Giga<\/a><\/strong><strong> has secured a USD 61 mn Series A round led by Redpoint Ventures<\/strong>, with participation from <a target=\"_blank\" href=\"https:\/\/www.ycombinator.com\/\" style=\"\" rel=\"noopener\">Y Combinator<\/a> and <a target=\"_blank\" href=\"https:\/\/nexusvp.com\/\" style=\"\" rel=\"noopener\">Nexus Venture Partners<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/giga.ai\/blog\/series-a\" style=\"\" rel=\"noopener\">press release<\/a>. The funding is earmarked to accelerate its go-to-market motion, grow its technical team and scale deployments with major enterprises. Giga was founded by Varun Vummadi and Esha Manideep, who graduated from IIT Kharagpur, India\u2019s leading engineering college. The platform is engineered to deploy \u201cemotionally intelligent agents\u201d capable of real-time reasoning and issue resolution without human handoff. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US<\/strong><strong>-based real estate developer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.panattoni.com\/\" style=\"\" rel=\"noopener\">Panattoni<\/a><\/strong><strong> plans to invest about USD 100 mn annually in India to expand its logistics and industrial footprint<\/strong>, <a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/industry\/services\/property-\/-cstruction\/panattoni-to-invest-100-mn-in-india-annually\/articleshow\/125122823.cms\" style=\"\" rel=\"noopener\">The Economic Times<\/a> reports. The company will develop build-to-suit, joint venture, and development management projects across Indian business hubs \u2014 Delhi-NCR, Mumbai, Pune, Chennai, Bengaluru, and Hyderabad\u2014 as part of its long-term expansion plan. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84755\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"84755\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/mashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities\/\">\r\n                            Mashreq Capital sees upbeat 4Q for MENA bonds, selective upside in equities                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/mashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/mashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/mashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Mashreq Capital sees upbeat 4Q for MENA bonds, selective upside in equities&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/mashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/mashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities\/&title=Mashreq Capital sees upbeat 4Q for MENA bonds, selective upside in equities\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Mashreq+Capital+sees+upbeat+4Q+for+MENA+bonds%2C+selective+upside+in+equities+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2025%2F11%2F07%2Fmashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/mashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/264.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84756\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/mashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities\/264-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/264.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"264.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/264.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/264.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84755\" class=\"content-area-description single-story post-84755 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-debt tag-enterpriseam-india tag-equities tag-financial-markets tag-mashreq tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.cb059225-dad0-4fd3-aeb7-6a585a2d534b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The final quarter of 2025 is expected to bring a supportive<\/strong><strong> backdrop for MENA fixed <\/strong><strong>income and some regional equities<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/560.pdf\" style=\"\" rel=\"noopener\">Mashreq Capital\u2019s latest quarterly outlook (pdf)<\/a>. The region\u2019s bond markets remain supported by strong fundamentals and steady demand, while equities in markets like the UAE, Saudi Arabia, and Oman are benefitting from impressive macro turnarounds, reform momentum, and improving liquidity. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MENA bonds to deliver near double-digit returns: <\/strong>MENA fixed income continues to outperform global peers, supported by resilient sovereign balance sheets, the US Federal Reserve\u2019s easing cycle, and strong demand from local and Asian investors. The Bloomberg MENA USD Aggregate Index rose 8.6% in 9M 2025 and is on track for close to double-digit returns for the full year. Yields hover around 5.4%, roughly 10 bps above the five-year average and about 80-100 bps above other regional aggregates. Sovereigns and GREs remain the main performance drivers, led by Saudi Arabia (+309 bps), the UAE (+234 bps), and Qatar (+85 bps). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Default rates across MENA are projected to stay well below global EM averages.<\/strong> Corporate defaults have averaged just 0.4% over the past five years versus 1.5% globally, reflecting the region\u2019s high-grade mix and limited corporate leverage.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mashreq maintains a constructive stance on Egypt<\/strong>, supported by macro stabilization, fiscal reforms, and improving ratings momentum. Egypt benefits from high real interest rates, a narrowing current-account deficit, and IMF-backed reforms, with foreign reserves at USD 49 bn and inflation down to 12%, Mashreq Capital said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It holds neutral views on Saudi Arabia and the UAE<\/strong>, citing solid fundamentals but limited room for further spread tightening. Saudi Arabia\u2019s long end faces supply pressure amid rising issuance and a widening fiscal deficit, estimated at 5.3% of GDP, while the UAE remains preferred for quality duration exposure and defensive value. Mashreq favors short- to mid-duration Saudi bonds, selective infrastructure-linked corporates in Saudi Arabia and the UAE, and GCC AT1s and Tier 2s for attractive carry backed by well-capitalized banks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Supply outlook stays elevated: <\/strong>Regional issuance has already reached USD 128 bn YTD, surpassing 2024\u2019s total, and is forecast to hit USD 147 bn by year-end. Sovereigns and GREs dominate supply, with Saudi Arabia accounting for around 45%. Sukuk issuance remains robust at USD 74 bn, or 58% of the total. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the equities front:<\/strong> Mashreq holds a constructive bottom-up view on Saudi Arabia and the UAE, where diversification agendas and liquidity conditions continue to improve. Saudi Arabia remains supported by increased fiscal discipline and new structural reforms, including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/c04f368c-f57d-4c18-bafe-bd173624ae43\/\" style=\"\" rel=\"noopener\">potential foreign ownership limit increases<\/a> and easing of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/c04f368c-f57d-4c18-bafe-bd173624ae43\/tadawul-opens-up-more-to%253cmark%253e-foreign%253c%2Fmark%253e-investors-under-draft-regs\" style=\"\" rel=\"noopener\">Qualified Foreign Investor rules<\/a>. In the UAE, tourism, AI-linked technology, and commercial real estate remain key structural themes. Despite short-term concerns over potential oversupply in Dubai property, strong end-user demand and disciplined construction suggest limited downside, Mashreq Capital says.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Risks to watch:<\/strong> Mashreq identifies sustained oil price weakness as the primary macro risk, given its impact on fiscal balances. Saudi Arabia is most sensitive to oil price movements, while the UAE is relatively insulated. The report also notes that geopolitical risks have receded, shifting market focus toward oil price dynamics and policy execution.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are a sea of red<\/strong>, as they track Wall Street losses amid waning sentiment around AI. Japan\u2019s Nikkei fell 1.9%, while South Korea\u2019s Kospi lost 1.5% and Hong Kong\u2019s Hang Seng fell 0.6%. <strong>Over on Wall Street<\/strong>, futures are pointing to a slight rebound after the losing session for the S&P and Nasdaq. <\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,024<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +6.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,022<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +16.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,861<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +16.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">3.7% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">3.8% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">11,302<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.4% (YTD: -6.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">39,950<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+2.1% (YTD: +34.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,720<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.1% (YTD: +14.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,736<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.4% (YTD: +19.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,611<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1% (YTD: +14.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 63.38<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 4.4<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.9%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3,993.7<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 101,309<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-2.1% (YTD: +7.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Chimera JP Morgan UAE Bond UCITS ETF<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">AED 3.75<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.3% (YTD: +7.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P MENA Bond & Sukuk<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">151.57<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: +8.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>VIX (Volatility Index)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">19.5<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+8.3% (YTD: +13.5%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/equities\/\">equities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/mashreq\/\">Mashreq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84757\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/07\/84757-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84757\" class=\"content-area-description single-story post-84757 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 & 11 November (Thursday, Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eci.gov.in\/eci-backend\/public\/api\/download?url=LMAhAK6sOPBp%2FNFF0iRfXbEB1EVSLT41NNLRjYNJJP1KivrUxbfqkDatmHy12e%2FzX%2FLARKC1lI3JwqUiIIk3e6jbGk1CRYxaGzABkOgdfk8DYQVtl8QBUpiBVKUEB0x1O4jyvJqQIR5ZMChqCiQwfQ%3D%3D\" style=\"\">Bihar Legislative Assembly Elections<\/a><\/span><span style=\"font-weight:400;\"> 2025 (Two-phase polling across Bihar)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13 November (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indembassybern.gov.in\/newsImage\/1756380292_6481_3rd%20CII%20India%20Europe%20Business%20and%20Sustainability%20Conclave%20on%2013%20November.pdf\" style=\"\">3rd CII India Europe Business and Sustainability Conclave<\/a><\/span><span style=\"font-weight:400;\">, Vishakhapatnam, Andhra Pradesh.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 November (Friday): Counting of votes for <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eci.gov.in\/eci-backend\/public\/api\/download?url=LMAhAK6sOPBp%2FNFF0iRfXbEB1EVSLT41NNLRjYNJJP1KivrUxbfqkDatmHy12e%2FzX%2FLARKC1lI3JwqUiIIk3e6jbGk1CRYxaGzABkOgdfk8DYQVtl8QBUpiBVKUEB0x1O4jyvJqQIR5ZMChqCiQwfQ%3D%3D\" style=\"\">Bihar Legislative Assembly Elections<\/a><\/span><span style=\"font-weight:400;\"> 2025.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-21 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bdli.de\/en\/dates\/dubai-airshow-2025#:~:text=Dubai%20Airshow%202025%20,one%20of%20the%20world%27s\" style=\"\">Dubai Airshow 2025<\/a><\/span><span style=\"font-weight:400;\">, Al Maktoum International Airport, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/b2b.economictimes.indiatimes.com\/gcc-conclave-bengaluru#:~:text=Conclave%20b2b,2025%20at%20Sheraton%20Grand%20Bengaluru\" style=\"\">ET Global Capability Centers (GCC) Annual Conclave 2025<\/a><\/span><span style=\"font-weight:400;\">, Sheraton Grand Bengaluru, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-21 November (Wednesday-Sunday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bengalurutechsummit.com\/\" style=\"\">Bengaluru Tech Summit<\/a><\/span><span style=\"font-weight:400;\"> 2025, Bangalore International Exhibition Centre (BIEC), Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-22 November (Friday-Saturday): Global Economic Summit & <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apac01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.wtcmumbai.org%2F&data=05%7C02%7C%7Cbda7459d9e304945ce3508de04abd9b8%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638953333312114999%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=qOiA%2FJTiA2LTtq9knLsYLcIOMoJUs2synZx3tWJqYzE%3D&reserved=0\" style=\"\">World Trade Expo 2025<\/a><\/span><span style=\"font-weight:400;\">, World Trade Center, Mumbai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-22 November (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bckic.in\/csr-conclave\/\" style=\"\">BCKIC CSR & Sustainability Conclave 2025<\/a><\/span><span style=\"font-weight:400;\">, Odisha State Convention Centre, Odisha. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22 November (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ficci.in\/event_details\/30042501578462\" style=\"\">Finance Conclave 2025<\/a><\/span><span style=\"font-weight:400;\">, The Park, Hyderabad.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/b2b.economictimes.indiatimes.com\/gcc-conclave-bengaluru?ag=events_listing&utm_source=events_listing&utm_medium=eventListing\" style=\"\">GCC Annual Conclave 2025<\/a><\/span><span style=\"font-weight:400;\">, Sheraton Whitefield, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 November (Friday): Launch of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.vogue.in\/content\/the-largest-m-f-husain-museum-set-to-open-in-qatar-is-inspired-by-the-artists-own-sketch\" style=\"\">Lawh Wa Qalam: M.F. Husain Museum<\/a><\/span><span style=\"font-weight:400;\"> in Education City, Doha.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-7 December (Wednesday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/engimach.com\/\" style=\"\">ENGIMACH Automation & Manufacturing Technology Expo<\/a><\/span><span style=\"font-weight:400;\">, Helipad Exhibition Centre (Gandhinagar), Gujarat.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11 December (Thursday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ficci.in\/event_details\/28032507259215\" style=\"\">FICCI Commercial Real Estate Conclave<\/a><\/span><span style=\"font-weight:400;\">, Taj MG Road, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in December 2025:<\/span><\/p>\n<ul>\n<li><span>Russian President Vladimir Putin\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.newsonair.gov.in\/president-putin-looks-forward-to-india-visit-praises-pm-modi-and-bilateral-ties\/\" style=\"\">India Visit<\/a><\/span><span> (Details yet to be announced).<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Signposted to happen in 2H 2025:<\/span><\/p>\n<ul>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/g20.org\/\" style=\"\">G20 Summit 2025<\/a><\/span><span style=\"font-weight:400;\">, Johannesburg, South Africa.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JANUARY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-20 January (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tradeindia.com\/tradeshows\/145470\/international-crop-science-conference-exhibition-2026.html\" style=\"\">International Crop Science Conference and Exhibition 2026<\/a><\/span><span style=\"font-weight:400;\">, Le Meridien Conference Centre, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-30 January (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/indiaenergyweek.com\/event\/2026\/_home\" style=\"\">India Energy Week 2026<\/a><\/span><span style=\"font-weight:400;\">, ONGC Advanced Training Institute, Goa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 January-1 February (Friday-Sunday):<\/span><span style=\"\"><a href=\"https:\/\/indiaagriexpo.com\/\" style=\"\"><\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/indiaagriexpo.com\/\" style=\"\">India Agri Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, Ludhiana Exhibition Centre, Punjab.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">31 January (Saturday): Commencement of Budget Session 2026, Parliament of India, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 February (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dea.gov.in\/files\/announcements_documents\/Budget_Circular202627.pdf\" style=\"\">Union Budget 2026-27<\/a><\/span><span style=\"font-weight:400;\">, Parliament of India, New Delhi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-6 February (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indembassydili.gov.in\/section\/upcoming-events\/52nd-year-of-chemtech-world-expo-2026-3rd-6th-february-2026-bombay-exhibition-centre-goregaon-mumbai-india\/\" style=\"\">ChemTECH World Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, JIO World Convention Centre, Mumbai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-20 February (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/impact.indiaai.gov.in\/home\/\" style=\"\">India - AI Impact Summit<\/a><\/span><span style=\"font-weight:400;\"> 2026, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-20 February (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/impact.indiaai.gov.in\/\" style=\"\">India-AI Impact Summit<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 February (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wsds.teriin.org\/\" style=\"\">World Sustainable Development Summit<\/a><\/span><span style=\"font-weight:400;\">, Taj Palace, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 March (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/b2b.economictimes.indiatimes.com\/entrepreneur-summit?ag=events_listing&utm_source=events_listing&utm_medium=eventListing\" style=\"\">ET Entrepreneur Summit & Awards 2026<\/a><\/span><span style=\"font-weight:400;\">, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 March (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/indiasoft.org\/delegates-registration\/\" style=\"\">Indiasoft 2026: International IT Exhibition & Conference<\/a><\/span><span style=\"font-weight:400;\">, New Delhi<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">23-25 March (Monday-Wednesday): 11th Smart Cities Expo, Bharat Mandapam, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 March (Monday-Wednesday):<\/span> <span style=\"text-decoration-skip-ink:none;font-size:11.5pt;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/plastiworld.org\/\" style=\"\">PLASTIWORLD India<\/a><\/span><span style=\"font-size:11.5pt\"> 2026, Jio World <\/span><span>Convention<\/span><span style=\"font-weight:400;font-size:11.5pt;\"> Centre, Mumbai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in March 2026<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Election Commission of India is expected to announce polling dates for elections in the states of Tamil Nadu, Kerala, West Bengal, Assam, and the union territory, Puducherry.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29 April-2 May (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bharatbuildcon.com\/\" style=\"\">Bharat Buildcon 2026<\/a><\/span><span style=\"font-weight:400;\">, Yashobhoomi, Dwarka, Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-10 April (Tuesday-Friday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indiarubberexpo.in\/\" style=\"\">India Rubber Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, ITPO, Pragati Maidan, Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/homelandsecurityexpo.in\/datesvenue.php#\" style=\"\">India Homeland Security Expo 2026<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, Pragati Maidan, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Signposted to happen sometime in 1H 2026:<\/span><\/p>\n<ul>\n<li><span>Signing of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/india-qatar-trade-deal-by-q3-next-year-piyush-goyal\/articleshow\/124350957.cms\" style=\"\">India-Qatar FTA<\/a><\/span><span style=\"font-weight:400;\"> (Details yet to be announced).<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-11 December (Tuesday-Thursday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/expandnorthstar.com\/\" style=\"\">Expand North Star 2025<\/a><\/span><span>, Dubai. <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Reliance resells MENA crude | ENBD\u2019s offer for RBL bank | Ambani brother faces investigation | PMI in services down | Nvidia joins India AI alliance<\/p>\n","protected":false},"featured_media":84736,"menu_order":0,"template":"","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-84735","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"02997fe8-3083-4a6e-8d5c-38c33e4b333c","teaser":"Reliance resells MENA crude | ENBD\u2019s offer for RBL bank | Ambani brother faces investigation | PMI in services down | Nvidia joins India AI alliance","photo_url":"https:\/\/ent.news\/2025\/11\/643.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>India unveils its AI governance framework - MENA India Corridor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India unveils its AI governance framework\" \/>\n<meta property=\"og:description\" content=\"Reliance resells MENA crude | ENBD\u2019s offer for RBL bank | Ambani brother faces investigation | PMI in services down | Nvidia joins India AI alliance\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/\" \/>\n<meta property=\"og:site_name\" content=\"MENA India Corridor\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-11T10:25:43+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/643.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/\",\"name\":\"India unveils its AI governance framework - MENA India Corridor\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/643.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-11-07T00:00:00+00:00\",\"dateModified\":\"2025-12-11T10:25:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/643.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/643.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/mena-india\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/mena-india\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"India unveils its AI governance framework\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/84573.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/84573.svg\",\"caption\":\"EnterpriseAM-MENA-India-Corridor\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"India unveils its AI governance framework - MENA India Corridor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/","og_locale":"en_US","og_type":"article","og_title":"India unveils its AI governance framework","og_description":"Reliance resells MENA crude | ENBD\u2019s offer for RBL bank | Ambani brother faces investigation | PMI in services down | Nvidia joins India AI alliance","og_url":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/","og_site_name":"MENA India Corridor","article_modified_time":"2025-12-11T10:25:43+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/643.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/","url":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/","name":"India unveils its AI governance framework - MENA India Corridor","isPartOf":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/643.jpg?fit=%2C&ssl=1","datePublished":"2025-11-07T00:00:00+00:00","dateModified":"2025-12-11T10:25:43+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/643.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/643.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-unveils-its-ai-governance-framework\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/mena-india\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/mena-india\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"India unveils its AI governance framework"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/mena-india\/#website","url":"https:\/\/enterpriseam.com\/mena-india\/","name":"EnterpriseAM-MENA-India-Corridor","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/mena-india\/#organization","name":"EnterpriseAM-MENA-India-Corridor","url":"https:\/\/enterpriseam.com\/mena-india\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/84573.svg","contentUrl":"https:\/\/ent.news\/internal\/84573.svg","caption":"EnterpriseAM-MENA-India-Corridor"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue\/84735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue\/84735\/revisions"}],"predecessor-version":[{"id":84780,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue\/84735\/revisions\/84780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media\/84736"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media?parent=84735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/categories?post=84735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/tags?post=84735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}