Ireland’s AerCap taps Sanad for aircraft components under AED 400 mn agreement

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WHAT WE’RE TRACKING TODAY

THIS MORNING: Madagascar wants UAE investments + Emirates has its eye on developments in Russia

Good morning, wonderful people. It’s another not-too-busy morning, as we enter the last couple of workdays before our long weekend for Eid Al Adha. Leading our news well this morning is an AED 400 mn air components agreement Mubadala’s Sanad signed with Dublin-based AerCap’s AerCap Materials. Let’s dive in.

WATCH THIS SPACE-

Presight to work on Malaysia’s digital transformation: G42 data analytics subsidiary Presight AI and Malaysia’s state-owned Madani AI are set to work together to develop AI solutions, develop sovereign cloud infrastructure, and roll out “applications for digital transformation” for government efficiency in Malaysia, according to a statement. The partnership is also geared towards improving national safety and public security, the statement says. This partnership marks Presight AI Holding’s first major venture into the southeast Asian region.

ICYMI- The UAE and Malaysia inked an MoU in January to bolster joint investment in artificial intelligence, including on employing AI in national security and operational efficiencies. This comes as Presight’s international footprint is expanding, having also inked a similar MoU to support Gambia’s digital transformation last year, with the agreement including establishing national data and national safety operations centers, as well as ones with Uganda, Kazakhstan, Albania, and Jordan.

Madagascar is looking to attract investments from the UAE, particularly in tourism and energy, as the island nation wrestles with the impact of hefty tariffs from the US, Trade Minister David Ralambofiringa tells Bloomberg. Madagascar and the UAE are already in talks for potential investments in sugar and vanilla processing plants, as well as luxury hotels and energy projects, Ralambofiringa said. Daily direct flights between the countries operated by Emirates Airlines could also be in the cards.

ICYMI- Dubai Chambers received a delegation of 60 companies from Madagascar in May to explore potential business opportunities and partnerships. Chairman of Dubai Chambers said Dubai’s non-oil trade with Madagascar reached AED 1.3 bn in 2024, up from AED 692 mn in 2023, Wam reported.

Emirates will resume flights to Damascus from Wednesday, 16 July, ending a suspension in place since 2012, according to an Emirates travel update. The decision followed a safety review with UAE aviation authorities. The initial service will run three times weekly — on Monday, Wednesday, and Sunday — from Dubai to Damascus International Airport using a 302-seat Boeing 777-200LR. Flights will be upped to four times a week from 2 August, with daily flights set to come from 26 October.

…but its flights to Russia are up in the air: Emirates will closely monitor and review its flight services to Russia, the airline’s president Tim Clark tells Bloomberg. Emirates continued its services to Russia since its invasion of Ukraine in February 2022, and while there are no current plans to stop flights, Clark said, “[if] there’s any sign of trouble we’re out.” This comes as operations become more precarious following Ukraine’s longest-range drone assault of the war on Sunday on airfields deep inside Russia.

UAE climate law requiring reporting takes effect: A year after it was issued, the UAE’s Reduction of the Effects of Climate Change federal decree officially came into force last Friday, requiring companies to report emissions, implement decarbonization plans, and adopt climate adaptation measures or face fines of up to AED 2 mn, The National reports. Applicable even in freezones, the law introduces mandatory climate compliance for the first time and also establishes a national carbon credit registry to enable offsetting and carbon trading.

PSAs-

#1- UAEcitizens won’t need a visa for trips to Japan for up to 90 days, according to a statement from Japan’s Foreign Affairs Ministry. The new policy, an extension from the previous limit which allowed for a 30-day stay without a visa, will come into effect from Tuesday, 1 July. The measure mirrors the UAE’s move to relax visa requirements for Japanese nationals last August.

#2- Emirates Health Services takes over birth and death registration services from Health Ministry: The UAE Health and Prevention Ministry transferred all birth and death registration services to local health authorities, Gulf News reports. Emirates Health Services now manages these services for Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, and Fujairah, while the Abu Dhabi’s Health Department and the Dubai Health Authority will cover the services in their emirates.

THE BIG STORY ABROAD-

Elon Musk is still managing to still make headlines after his step back from his chaotic foray into politics, with his xAI company looking to raise USD 5 bn in debt with a double digit interest rate to build out the company’s AI infrastructure. The company behind social media platform X and AI chatbot Grok is also selling USD 300 mn worth of stock in a tender offer that values the company at USD 113 bn. (Reuters | Financial Times | Bloomberg)

Also ranking high on the world’s digital front pages are peace talks between Russia and Ukraine that give little hope that the war could soon come to an end. A second round of direct talks between the two nations in Istanbul ended with both sides trading ultimatums and agreeing only on limited humanitarian measures that included a prisoner swap. Russia demanded Ukrainian withdrawal from four regions and neutrality guarantees, while Ukraine called for a full ceasefire, US oversight, and the return of abducted children — of which Russia agreed to release just 10 from a list that Ukraine claims reaches 400. (Reuters | Financial Times | Bloomberg)

Meanwhile, leading the Guardian is a report claiming that Israel’s deadly strikes on schools used as shelters are part of a deliberate strategy. The depressingly familiar reports of strikes on schools have become a hallmark of Israel’s assault on Gaza, with the UN detailing in a report last month that 406 schools have been struck with a direct hit during the 19-month-long war — accounting for 72% of all the enclave’s schools. (Guardian)

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Sanad inks AED 400 mn air components agreement with Ireland’s AerCap

AerCap taps Sanad for 6k aircraft components: Mubadala-owned aerospace engineering and leasing solutions firm Sanad inked an AED 400 mn (USD 110 mn) agreement with Dublin-based AerCap’s global engine and aircraft component distributor AerCap Materials on the sidelines of the IATA aviation summit in New Delhi, according to a statement.

What’s on the table: Sanad will provide AerCap Materials with over 6k high-demand aircraft components for a diverse portfolio, including Airbus A220, A320, A330, A340, A380; Boeing 737, 777, 787; and Embraer E-Jet aircraft, Wam reports. The components aim to address the rising demand for maintenance, repair, and overhaul (MRO) services. The arrangement will boost the size of AerCap’s inventory capabilities, allowing it to meet customer demand amid ongoing supply chain disruption, CEO Ingus Kelly said.

Sanad has been making moves… Sanad has been expanding its engine asset base amid rising demand for mid-life platforms and ongoing supply chain delays in new aircraft deliveries. It opened new MRO facilities in February and December, following a partnership with Airbus with August last year to provide engine servicing. Sanad currently supports about 25% of the global Trent 700 fleet.

…and eyeing new markets: The firm is looking to expand its aircraft engine maintenance services to African, Indian and East Asian markets, CEO Mansour Janahi told Al Etihad back in March. The firm aims to target markets with “fruitful trade relations” as it seeks to form new global partnerships, acquisitions, and establish new facilities.

ICYMI- Emirates CEO Tim Clark criticized Boeing and Airbus for prolonged supply delays that are holding back fleet upgrades, on the sidelines of the IATA summit earlier this week. He highlighted the six-year delay of the 777X delivery. Airbus altered airlines last week to expect over a three-year delay for several deliveries due to continued supply chain disruptions.

Al Seer Marine forms new LPG JV ASBI Shipping, secures charter agreement with BGN

Al Seer Marine, BGN launch JV: IHC maritime solutions subsidiary Al Seer Marine is launching a JV, ASBI Shipping FZCO, with energy trader Geneva-based BGN Energy affiliate B International Shipping & Logistics, according to an ADX statement (pdf). Under the JV, the pair will own and operate mid-sized liquefied petroleum gas (LPG) and product vessels.

ASBI steps into the fray: ASBI Shipping uptook two 22k cbm semi-refrigerated LPG tankers — christened Alkaid and Alcor — under a 10-year charter that is backed by BGN subsidiary BGN INT DMCC. The charter agreement ensures nearly AED 660 mn (USD 180 mn) in revenues for the firm until 2035.

Where’s the money coming from? Abu Dhabi Commercial Bank (ADCB) has offered up AED 210 mn in senior secured term financing with a seven-year tenor. The facility is secured against the tankers and their projected revenues.

A gateway for emerging hubs: The mid-size tankers are key for serving emerging hubs in Africa, South Asia, and Southeast Asia, as nearly 30% of LPG shipments to the areas depend on sub-30k cbm vessels. The ships are tailored to transport petrochemical cargo, including but not limited to propane, butane, and ammonia. The demand for flexible tonnage has spiked some 10% y-o-y in Southeast Asia alone, B International Shipping & Logistics Director Ozan Turgut added.

Not their first JV: A banking syndicate led by Abu Dhabi Islamic Bank (ADIB) extended a shariah-compliant loan amounting to AED 865 mn to ABGC — a JV between Al Seer Marine and BGN International last year. The financing marks the second tranche of a USD 370 mn syndicated loan to finance three very large gas carriers (VLGCs) in South Korea and Japan. Two of the vessels are set to be delivered this year, and the third in 2026, with all three featuring dual-fuel LPG engines, advancing towards zero-carbon propulsion.

Al Seer is on an expansion spree: Al Seer Marine added two AED 257.2 mn new medium range tankers to its fleet in March — the last two ships in its series of six newly built MR tankers commissioned from K Shipbuilding Korea.

Aldar introduces AED 40 bn coastal development in Abu Dhabi

Aldar rolls out AED 40 bn coastal wellness development: Real estate developer Aldar Properties has launched Fahid Island, a 2.7 mn sqm coastal development in Abu Dhabi with AED 40 bn gross development value, according to a press release (pdf). The island has secured the Leed City Platinum pre-certification and is eyeing the sustainability-linked Estidama 3-Pearl accreditation.

The details: The island, which has an 11-km coastline, will include residential, leisure, hospitality, and education developments and will be built between Yas Island and Saadiyat Island, with connecting pedestrian bridges. The project will contain over 6k residences, including apartments, townhouses, and villas, and the first residential development — Fahid Beach Residences — adding seven buildings with 65 units each to the island.

International partner: Global architects like Kengo Kuma, Koichi Takada, and ACME are involved, as is Emirati architect NAGA Architects. Aldar also said a leading international educational institution was partnering on the project, but did not specify who.

BACKGROUND- Last year, the firm’s Chief Financial and Sustainability Officer Faisal Falaknaz said it was planning a USD 6.8 bn beachfront community that would be built within 5-7 years. Aldar also acquired the land for the development at USD 2.5 bn in 2023.

The proof’s in the financing: Aldar kicked off the year by closing an AED 9 bn sustainability-linked revolving credit facility adding to the roughly USD 1 bn of green sukuk it had sold in the previous two years and boosting its liquidity to AED 27 bn to fuel growth plans. It also recently launched a USD 500 mn green sukuk to raise funds for projects under its green finance framework. The issuance saw order books of over USD 2 bn.

PureHealth’s ins. arm Daman expands into property and casualty market

PureHealth’s Daman rebrands, enters property and casualty ins. market: ADX-listed PureHealth expanded its ins. arm, Daman, and changed its name to the National Ins. Company – Daman, according to the Abu Dhabi Media Office. This formalizes its expansion beyond health ins. into the property and casualty (P&C) segment as it eyes portfolio diversification.

The next steps: The company will introduce new P&C products for firms and individuals in phases while still providing health ins. services for its existing members. Daman is looking to tap into the P&C market, which is set to be valued at USD 16.8 bn by 2031, the statement read citing Verified Market Research.

This is not PureHealth's first rebrand this year, after it rebranded its subsidiary Ambulatory Healthcare Services (AHS) to Seha Clinics earlier this year, fully integrating it into the Seha network.

About Daman: Daman provides health coverage to over 3 mn members through upwards of UAE healthcare providers. The insurer uses AI-powered underwriting, efficient claim settlement, and multilingual infrastructure to support expansion into new ins. sectors.

The expansion follows on from a strong 1Q earnings season, during which PureHealth recorded revenues of AED 6.6 bn, an 8% y-o-y increase, according to an earnings release (pdf). Its bottom line saw a 3% y-o-y uptick to AED 491 mn and an 8% profit margin. Growth across its hospitals and ins. divisions helped drive the results for the period, during which it also launched new products including its Amanak ins. product for Emirati SMEs and established a global partnership with AXA.

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70% of UAE firms still not ready for AI-era cyber threats

UAE firms still underprepared for AI-era threat: Just 30% of UAE organizations have reached either the “mature” or “progressive” stages of cybersecurity readiness, according to a press release citing Cisco’s 2025 Cybersecurity Readiness Index (pdf). This year’s figures mark a modest improvement over last year, but still far below what’s needed to counter more complex and AI-enhanced cyber threats.

55% of organizations fell victim to attacks in the past year, with malware, phishing, and data breaches remaining the most common threat types. More hybrid work environments do little to allay fears, with 88% of companies identifying unmanaged device usage as a key cybersecurity risk. While 93% of UAE respondents reported AI-related incidents, firms are still “critically exposed” by an awareness gap, Cisco said — only 62% of respondents think their employees know the associated risks.

Shadow AI and GenAI use are rising with little oversight, with around 45% of employees using authorized third-party GenAI tools and 54% of IT teams admit they don’t fully track how staff are engaging with these tools. Unauthorized AI deployments— or “shadow AI” — is creating serious concerns over data privacy and exposure to unapproved apps. On the flip side, 96% of UAE firms are already using AI to analyze cyber threats.

Cyber budgets remain constrained: 98% of UAE entities plan to modernize their IT infrastructure within the next one or two years, yet only 9% are committing more than a fifth of their IT budgets to cybersecurity. Meanwhile, 81% of firms say their current security setups are overly complex, hampering overall effectiveness. A shortage of skilled cybersecurity talent is another key obstacle for 87% of UAE firms.

Alpha Dhabi Holding taps new CFO, Al Tamimi welcomes new partner

Alpha Dhabi Holding appointed Fadi Sleiman (LinkedIn) as its chief financial officer, effective immediately, according to an ADX disclosure (pdf). Sleiman has over 22 years of executive experience in the investment and finance sectors, specializing in strategic financial leadership, liquidity management, investor relations, and funding. Prior to joining Alpha Dhabi, Sleiman was CFO and later CEO of Al Rajhi United Investment Holding.

Al Tamimi & Company tapped Rachel Fox (LinkedIn) as a partner in its Tax practice, according to a press release (pdf). Fox will work on cross-border tax issues, compliance, and disputes across multiple jurisdictions and with international and regional clients. She brings with her over a decade of experience working in tax departments of law firms and with regional clients. She most recently served as Partner at Clyde & Co’s Dubai office and was also a partner at William Fry.

Dubai Holding’s Residential REIT and Moniify are in the int’l press

Developments in Dubai’s real estate market caught the eye of the international press, with Bloomberg showcasing Dubai Holding’s Residential REIT’s successful IPO last week as a reflection of investor appetite in the emirate. The listing comes as Dubai’s house prices have increased by almost 70% over the past four years, and there has been rising demand for more accessible investment channels, including tokenized property shares like that of Dubai Land Department’s project. The US’ Brookfield and China’s Citic are among the international players committing upwards of USD 1 bn into the emirate’s real estate market, despite Fitch Ratings’ predicting a “moderate correction” this year.

ICYMI- The Dubai Residential REIT raised USD 584 mn (c. AED 2.1 bn) from its IPO, climbing nearly 14% in its trading debut.

Egyptian b’naire Naguib Sawiris’ Dubai-based media startup Moniify’s sudden downsizing also got ink from Bloomberg. The TikTok-style CNBC media platform recently launched in Dubai, having filled its ranks with industry players including the former head of Euronews Michael Peters and Al Jazeera’s Yaser Bishr, before large-scale layoffs and departures began in January. Insiders told Bloomberg that confusion over leadership and a lack of revenue strategy — despite early assurances of long-term funding courtesy of Sawiris — led to a sudden budget cuts and executive exits. The reworked, scaled-back platform now focuses on topics like taking incomes in bull markets and investing in sneakers.

Nisus Finance and Toyow join real estate tokenization drive

CRYPTO-

Nisus Finance, Toyow ink MoU to tokenize USD 500 mn in real estate assets: India-headquartered real estate investment firm Nisus Finance (NiFCO) entered an agreement with Dubai-based digital asset marketplace platform Toyow to tokenize real estate funds and assets worth up to USD 500 mn, according to a press release. Through Toyow’s marketplace, Nisus Finance will hold a Security Token Offering (STO) of its real estate assets, with Toyow providing technical support, blockchain integration and smart contract development.

Hopping on the tokenization train: Nisus launched a GCC-focused real estate fund in February. The latest agreement comes amid growing tokenization momentum in the real estate sector, with the Dubai Land Department recently launching its tokenization project, and MAG planning to tokenize USD 3 bn in real estate assets.

INVESTMENT-

AFESD to invest in Shorooq’s SME fund: The Arab Fund for Economic and Social Development (AFESD)’s SME financing arm, Badir Fund, is investing in Nahda Fund II, a venture debt fund managed by Abu Dhabi-based venture capital firm Shorooq Partners, according to a press release. The investment value wasn’t disclosed, but aims to improve credit for tech firms.

About Nahda II: Shorooq Partners’s fund aims to deploy some USD 100 mn in early-stage high growth startups in the UAE and the Saudi markets. It focuses on tech firms with fast growth potential and top-line profitability, ones that demonstrate an ability to pay back the venture debt.

DEBT-

DAE secures USD 300 mn loan from Bank of China: Dubai Aerospace Enterprise (DAE) has secured a USD 300 mn three-year unsecured term loan from the Bank of China, according to a DAE statement. The loan will go towards general corporate purposes and assist future financing requirements through additional liquidity.

ICYMI- DAE has been shuffling its fleet, recently offloading 75 aircraft, while purchasing 17 for USD 1 bn. Last month, it committed to acquiring a further 100 aircraft from the likes of Airbus, Boeing, and ATR, and it also agreed to lease Morocco’s state-owned airline two aircraft earlier this week.

DISPUTES-

Abu Dhabi wraps up Wahat real estate dispute with AED 1 bn in settlements: The Abu Dhabi Judicial Department finalized the resolution of all disputes tied to the Wahat Al Zaweya and Wahat Yas projects, disbursing nearly AED 1 bn in financial entitlements, according to a statements (here and here).

BACKGROUND- The Judicial Department in Abu Dhabi ordered real estate developer Wahat Al Zaweya to refund AED 702 mn in deposits to investors in the Wahat Al Zaweya project, as part of the first phase of a settlement lawsuit after the project stalled. Wahat Al Zaweya intended to resume the development of the halted project, however in April Arabian Hills Estate said it was replacing the stalled project. It will also reschedule a debt payment of AED 360 mn with an unnamed bank, Wam reports.

PAYMENTS-

Standard Chartered rolls out beneficiary validation in UAE: Standard Chartered has launched a new beneficiary validation service for UAE-based accounts, developed in partnership with the Central Bank of the UAE, according to a press release. The tool lets corporate clients verify payee details before initiating domestic payments, reducing fraud risks and transaction failures.

FINANCIAL SERVICES-

DFM-listed Al Ansari Financial Services has launched a business solutions hub in India, according to a press release. Located in Hyderabad, the office will focus on optimizing processes, and cost effectiveness, as well as improving tech capacity for the group’s operations. The new center includes an IT Excellence center and business process outsourcing services are expected to be rolled out in the future. The goal is to allocate more resources to core business initiatives and strategic initiatives, the statement read.

BUSINESS-

PCFC, Presight, Ghana ink digital infrastructure MoU: Dubai’s Ports, Customs and Freezone Corporation (PCFC), Ghana’s Communication Digital Technology and Innovations Ministry, and G42-backed data analytics firm Presight AI signed an MoU to form a Ghana-UAE innovation and technology hub in Accra, according to a statement from the Ghanaian ministry.

The details: The zone will be established in a 25-sq-km area with PCFC leading the development and operation of the zone, as well as take charge of the digital infrastructure according to a press release. The entities will also jointly work on property development, and industrial and technological infrastructure for the development which aims to attract tech-focused firms and investment to support Ghana’s digital transformation.

PE hit a wall after a strong start this year with USD 1.2 tn in dry powder waiting to be deployed

The first half of the year has been a reality check for private equity, as tariffs, geopolitical volatility, and tighter liquidity reshape the playbook. The industry kicked off 2025 with momentum, but by April, trade tensions and policy shocks flipped the mood. PE dealmakers are still doing business — but they’re having to work a lot harder for it.

A strong start…until it wasn’t: The year began on a high note. Credit was flowing, inflation looked tamer, and interest rates were heading down. Deal-value hit its highest level since 2Q 2022.

But things changed fast: By early April, a fresh round of US tariffs sent markets wobbling. Transaction value in April fell 24% below the 1Q average, and dealcount dropped 22%, according to Bain and Company’s Private Equity Midyear Report 2025. IPOs all but froze with Swedish fintech Klarna in early April reportedly pausing its plans for a US IPO.

Liquidity is drying up, which is bad news for LPs — who want liquidity back — and GPs — who are trying to raise new money. Buyout funds are on track to avoid a sixth straight quarterly drop. Not a single buyout fund that closed in 1Q cracked USD 5 bn — a first in a decade. More than 18k funds are chasing USD 3.3 tn in capital. That’s USD 3 of demand for every USD 1 available. “Although the decline might have bottomed out, hope for a recovery in the inflows of fresh capital has likely been pushed out into 2026 (or beyond),” the report reads.

LPs are after real exits, even at markdowns. In a March poll, 60% said they’d prefer a traditional sale over alternatives even if it means taking a valuation hit.

Some 33% of LPs said they were slowing their private market investments in response to US tariffs, while 8% were pausing entirely, the report said, citing a survey by Campbell Lutyens in April. Some 28% of them are also looking to up their allocations to private credit, while 20% want to add more infrastructure positions to their portfolios, according to the same survey.

Secondary sales are one workaround: Chinese sovereign wealth fund China Investment Corporation is reportedly looking to offload USD 1 bn of US-managed PE assets. NYC pension systems just closed a USD 5 bn sale led by Blackstone. Meanwhile, secondaries still make up less than 5% of global PE AUM.

What’s next: There’s still USD 1.2 tn in dry powder waiting to be deployed — and GPs are under pressure to put it to work. With exits harder to come by, firms are doubling down on cost control, growth initiatives, and AI-led productivity to create value and prove their portfolios have legs.

MARKETS THIS MORNING-

In a reversal of fortunes, Asia-Pacific markets are in the green in early morning trading, following a positive close on Wall Street last night. Japan’s Nikkei, South Korea’s Kospi, the Hang Seng Index, and the S&P/ASX 200 are all trading up as markets begin to push through the chaos caused by the Trump administration’s tariff policies. Across the pond, futures indicate Wall Street will open in the red later today.

ADX	9,647	-0.4% (YTD: +2.4%)
DFM	5,485	+0.1% (YTD: +6.3%)
Nasdaq Dubai UAE20	4,466	-0.6% (YTD: +7.2%)
USD : AED CBUAE	Buy 3.67	Sell 3.67
EIBOR	4.3% o/n	4.1% 1 yr
TASI	10,850	+0.2% (YTD: -10.0%)
EGX30	32,325	-0.5% (YTD: +8.7%)
S&P 500	5936	+0.4% (YTD: +0.9%)
FTSE 100	8774	+0.02% (YTD: +7.4%)
Euro Stoxx 50	5356	-0.2% (YTD: +9.4%)
Brent crude	USD 65.16	+0.8%
Natural gas (Nymex)	USD 3.75	+1.5%
Gold	USD 3406.20	+2.7%
BTC	USD 105,019.80	-0.5% (YTD: +12.3%)
Chimera JP Morgan UAE Bond UCITS ETF	AED 3.64	-0.3% (YTD: +2.1%)
S&P MENA Bond & Sukuk	143.56	+0.1% (YTD: +2.6%)
VIX (Volatility Index)	18.36	-1.1% (YTD: +5.8%)

THE CLOSING BELL-

The ADX fell 0.4% yesterday on turnover of AED 3.1 bn. The index is up 2.4% YTD.

In the green: E7 Group PJSC Warrants (+14.7%), Fujairah Cement Industries (+5.4%) and Bank of Sharjah (+2.2%).

In the red: Abu Dhabi National Takaful Co. (-8.9%), Aram Group (-7.9%) and Ins. House (-2.3%).

Over on the DFM, the index rose 0.1% on turnover of AED 567.1 mn. Meanwhile, Nasdaq Dubai was down 0.6%.

CALENDAR

5 June (Thursday): Arafat Day, public holiday.

6-9 June (Friday-Tuesday) Eid Al Adha, public holiday TBD.

11-13 June (Wednesday–Friday): China Home Life Expo, Dubai World Trade Center.

11-13 June (Wednesday–Friday): International Appliances and Electronics Show, Dubai World Trade Center.

12 June (Thursday): Deadline for Sidara to submit a formal takeover bid to Wood Group.

17-18 June (Tuesday–Wednesday): Middle East Event Show, Dubai World Trade Center.

17-18 June (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting.

17-18 June (Tuesday-Wednesday): Abu Dhabi Infrastructure Summit, Abu Dhabi Energy Center.

24-25 June (Tuesday-Wednesday): EVCharge Live Middle East, Dubai World Trade Center.

24-25 June (Tuesday-Wednesday): Solar & Storage Live, Dubai World Trade Center.

24-25 June (Tuesday-Wednesday): Mobility Live Middle East, Dubai World Trade Center.

24-25 June (Tuesday-Wednesday): Middle East Rail, Dubai World Trade Center.

27 June (Friday): Islamic New Year.

Signposted to happen sometime in 2H 2025:

Closing of XRG's acquisition of Covestro

JULY

6-7 July (Sunday-Monday): BRICS Summit, Rio de Janeiro.

29-30 July (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting.

SEPTEMBER

1-6 September (Monday-Saturday): Dubai Fashion Week, Dubai Design District.

8-10 September (Monday-Wednesday): DigiHealth exhibition, World Trade Center, Dubai.

8-19 September (Monday-Wednesday): WHX-Tech Expo, Dubai World Trade Centre.

12-14 September (Friday-Sunday): The International Real Estate and Investment Show, Abu Dhabi.

16-17 September (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting.

24-25 September (Wednesday-Thursday): Mohammed Bin Rashid Leadership Forum, Mohammed Bin Rashid Center for Leadership Development, Dubai.

24-25 September (Wednesday-Thursday): Dubai World Congress for Self-Driving Transport, Dubai.

OCTOBER

1-2 October (Thursday-Friday):World Green Economy Summit (WGES), Dubai World Trade Centre.

30 September - 2 October (Tuesday-Thursday): The Water, Energy, Technology, and Environment Exhibition (WETEX), Dubai World Trade Centre.

3-16 October (Friday-Thursday): Dubai Home Festival.

7-9 October (Tuesday-Thursday): The International Symposium on the System of Radiological Protection, the Ritz-Carlton Abu Dhabi, Grand Canal.

9-15 October (Thursday-Wednesday): IUCN World Conservation Congress, Abu Dhabi.

14-16 October (Wednesday-Friday): Global Future Councils, Dubai.

22-24 October (Wednesday-Friday): World Investment Conference, Expo Centre Sharjah.

27-29 October (Monday-Wednesday): Future Hospitality Summit, Madinat Jumeirah, Dubai.

27-29 October (Monday-Wednesday): Asia Pacific Cities Summit, Dubai Exhibition Center.

28-29 October (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting.

NOVEMBER

12-17 November (Wednesday-Monday): RoboCup Asia-Pacific, Khalifa University, Abu Dhabi.

15-17 November (Saturday-Monday): Myplant & Garden Middle East Green Expo, Dubai Exhibition Centre, Expo City.

17-21 November (Monday-Friday): Dubai Airshow 2025, Al Maktoum International Airport, Dubai.

18-19 November (Tuesday-Wednesday): Dubai Future Forum, Museum of the Future, Dubai.

DECEMBER

1-3 December (Monday-Wednesday): Eid Al Etihad (UAE National Day).

1-5 December (Monday-Friday): The World Congress of Neurosurgery, Dubai World Trade Center.

8-9 December (Monday-Tuesday): BTC Mena Conference, Adnec, Abu Dhabi.

8-10 December (Monday-Wednesday): BRIDGE media summit, Abu Dhabi.

9-10 December (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting.

18-23 December (Thursday-Tuesday): Games of the Future, Adnec, Abu Dhabi.

Signposted to happen sometime in 2025:

The Middle East Electric Vehicle Show, Expo Center Sharjah.
e& will complete Adnoc’s private 5G network.
Executive Committee Meeting (EXCOM 2025) conference of the World Smart Sustainable Cities Organisation (WeGO)
The International Civil Aviation Organization’s Global Implementation Support Symposium, Abu Dhabi.
Universal Postal Congress 2025, Dubai.

Signposted to happen sometime in the fall of 2025:

ICOM General Conference 2025, Dubai

Signposted to happen sometime in 2026:

9-11 January (Friday-Sunday): 1 Bn Followers Summit’s fourth edition, UAE.
28-29 January (Wednesday-Thursday): IBA Arbitration Day Conference, Abu Dhabi.
3-5 February (Tuesday-Thursday): The World Governments Summit.
12-15 February (Thursday-Sunday): The Society for Incentive Travel Excellence Global Conference, Abu Dhabi.
11-13 May (Monday-Wednesday): AI Everything Global, Adnec Center.
The UAE to host the Arab Competition Forum
Dubai to host the Arab Actuarial Conference
United Nations Water Conference 2026, UAE
The first edition of Dubai Future Finance Week.

Signposted to happen sometime in October 2026:

Abu Dhabi Space Week, Abu Dhabi.

Signposted to happen sometime in 2027:

Abu Dhabi’s solar and battery energy facility, combining 5.2 GW of solar capacity and 19 GWh of battery storage, is set for commissioning.

Signposted to happen sometime between 2027 and 2029:

The commissioning of the seventh phase of Mohammed bin Rashid Al Maktoum Solar Park.

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