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More India-UAE love: Titan acquires Damas + Adia invests in Indian medical device maker Meril

1

WHAT WE’RE TRACKING TODAY

THIS MORNING: More AE Coin payments as crypto goes mainstream + Abu Dhabi Airports sees 13% y-o-y increase in passengers in 1H

Good morning, lovely people. We have another heavy dose of India-related M&A news for you this morning, with capital flows going both ways in two separate acquisitions this morning.

The bigger of the two: Tata Group’s jewelry arm Titan just acquired a majority stake in Dubai’s Damas. Plus: The Abu Dhabi Investment Authority invested USD 200 mn in yet another Indian firm ahead of its IPO.

ALSO- Dining payment platform Qlub secured USD 30 mn to expand across the GCC; Dubai’s offices saw a slightly cooler 2Q after a red-hot start to the year; and we break down DIFC’s latest legislative amendments.

⛅WEATHER- Brace yourself for another gloomy, hot day. Temperatures in Dubai will peak at 46°C, before cooling to an overnight low of 32°C. Meanwhile, Abu Dhabi will see the mercury rise to 38°C, and dip to 33°C overnight.

PSAs-

#1- You can now pay court fees in AE Coin in Abu Dhabi: The Abu Dhabi Judicial Department will accept payments in AE Coin — a central bank-regulated stablecoin — for court fees and services, making it the first government entity in the Middle East to accept crypto payments, according to a press release. The move comes after it partnered with Al Maryan Bank, which will enable the payments through the AEC Wallet.

REMEMBER- AE Coin became the UAE’s first AED-pegged stablecoin to receive final approval from the Central Bank of the UAE in December 2024. The stablecoin is also now accepted for Air Arabia flight payments and taxi rides in Abu Dhabi.


#2- The AjmanNuVentures Center Freezone (ANCFZ) has rolled out a new pay-as-you-go business package, reducing upfront costs during company setup, Khaleej Times reports. The new option allows businesses to add services — such as visas, documentation, or office upgrades — only as needed, to minimize costs.

WATCH THIS SPACE-

Citizens will soon have a dedicated branch within Dubai Courts' Center for Amicable Settlement of Disputes to handle housing contract conflicts, under a new resolution aimed at handling citizen housing construction contracts outside of the courtroom, according to the Dubai Media Office. The law takes effect on 1 January 2026.

How it works: The center will provide mediation within 20 days, and this can be extended for another 20 days if both sides agree. If mediation isn’t successful, a committee of a judge and two technical specialists will make a formal judgement within 30 days, which can also be extended. Appeals can be raised within 30 days as well.

DATA POINTS-

#1- Some 15.8 mn passengers passed through Abu Dhabi Airports’ sites in the first half of this year, marking a 13.1% increase compared to the same period in 2024, state news agency Wam reports. Zayed International Airport (AUH) alone accounted for 15.5 mn passengers, up 13.2% y-o-y.

More flights, larger network: The airport network recorded a total of 133.5k flights during this period, representing 9.2% growth y-o-y. The network added 16 new destinations in 1H and formed new partnerships with China Eastern Airlines, Air Seychelles, and Fly Cham.Cargo operations processed 344.8k tons of freight, supported by infrastructure developments.


#2- Trade in telecoms services grew 4.3% y-o-y to AED 10.2 bn in 2024, Al Bayan reports, citing data from the Federal Competitiveness and Statistics Center. Exports rose 6.5% to AED 4.9 bn, while imports grew 2.4% to AED 5.3 bn. The fourth quarter of the year alone saw trade grow nearly 13% y-o-y.

THE BIG STORY ABROAD-

The White House is stepping up its pressure campaign on the Fed. Chills went down the spines of business leaders and bankers around the world yesterday after Treasury Secretary Scott Bessent called for a probe into “the entire Federal Reserve institution,” telling CNBC that “What we need to do is examine the entire Federal Reserve institution and whether they have been successful.” Trump and his allies have been putting pressure on Fed boss Jay Powell to cut interest rates. The story leads the front page of the Financial Times this morning.

The stock market shrugged off Bessent’s remarks, with the S&P 500 notching another record high yesterday.

MEANWHILE- China is “stoking the anxiety” of foreign investors with moves against three foreigners, including a US government employee and a senior US banker (both of whom have been forbidden from leaving the country) and a Japanese pharma exec (now sentenced to jail). The New York Times has the story, noting that the moves come even as Beijing continues to court foreign capital.

The worsening situation in Gaza has prompted 28 countries to call for an immediate end to the war and to condemn Israel for the “drip feeding of aid and the inhumane killing of civilians” who are seeking food and water. The countries include the UK, France, Canada, Italy, and others. (Reuters | Guardian | BBC | France 24)

Israel yesterday launched an air and ground offensive in Deir al Balah, the last place in Gaza which until now had not suffered significant damage from the war due to suspicions that Israeli hostages were held there. Meanwhile, talks for a ceasefire are continuing, though Hamas officials told Reuters the ongoing attacks are only complicating the situation. (Reuters | Guardian)

ALSO- If your company uses a hosted SharePoint server, expect some disruptions. Microsoft has warned of active cyber attacks affecting its SharePoint collaboration software, impacting so far 100 organizations who use the server on-prem. The problem? The attack has run deep, providing full access to systems and content, allowing hackers to execute code over the network and even bypass future potential fixes. If your firm is one of the many affected, Microsoft issued guidance for entities using the server to patch their on-site systems. (Reuters | CNBC | AP | Bloomberg)

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2

M&A WATCH

India’s Tata Group subsidiary acquires a 67% stake in Dubai’s Damas

India’s Tata Group unit wants all of Dubai’s Damas: TitanCompany, a subsidiary of Indian conglomerate Tata Group, is set to acquire a 67% stake in Dubai jewelry retailer Damas International from Qatar’s Manai Corporation in an AED 1.04 bn transaction, according to a filing (pdf) to the National Stock Exchange of India (NSE).

The transaction includes an option to acquire the remaining 33% from Mannai after a 31 December 2029 lock-in expires. Until then the Qatari firm will remain a minority shareholder with board representation and voting power.

The details: The acquisition, which is pending final regulatory approval, is expected to close by the end of January 2026. A mix of debt, internal accruals, and equity will finance the takeover, which will see Damas folded into a new DIFC-based entity, Signature Jewellery Holding.

This is not the first we’ve heard of the potential transaction. Talks have been ongoing since at least February, according to Indian media, which also reported that Titan had explored an acquisition of Damas previously but talks had fallen through due to disagreements over valuation.

Indian conglomerates are setting their eyes on the UAE — just as UAE investors continue to pour funds into India. Adani Group has been snapping up stakes in UAE firms in recent months, with Adani reportedly eyeing an acquisition of Emaar’s Indian unit and Adani Ports acquiring 80% of Dubai offshore marine services firm Astro Offshore. Meanwhile, the Abu Dhabi Investment Authority invested in Adani’s power distribution arm Adani Energy Solutions’ USD 1 bn secondary share sale in July and the International Holding Company raised its stake in Adani Enterprises in October to more than 5%.

It gives Titan expanded access to the GCC retail market through Damas’ 146 stores across the UAE, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain, adding to its network of Tanshiq Jewelry stores in the UAE. It will also make Damas the largest Indian-owned jewelry brand in the region. The jewelry retailer netted some AED 1.5 bn revenues in 2024.

What Mannai stands to gain: Mannai will channel proceeds from the sale toward debt reduction, as well as its core operations and IT business.

Background: A regional jewelry powerhouse, Damas was previously listed on Nasdaq Dubai before being taken private in 2012 by Qatar’s Mannai Corporation and EFG Hermes in a USD 445 mn transaction. Mannai later acquired EFG’s 19% stake in 2014, becoming the sole owner. Damas underwent a USD 3 bn debt restructuring in 2011 following governance and financial troubles.

ADVISORS- Standard Chartered advised Titan on the acquisition.

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M&A WATCH

Adia invests USD 200 mn in Indian medical device manufacturer Meril

The Abu Dhabi Investment Authority (Adia) will invest USD 200 mn in Indian medical device manufacturer Micro Life Sciences (also known as Meril) through a subsidiary, acquiring a 3% stake in the firm, according to a press release (pdf). The investment values Meril at USD 6.6 bn. The agreement is subject to regulatory approval from the Competition Commission of India.

We knew this was coming: Adia was reportedly in late-stage discussions to invest in Meril as the company gears up for an IPO. Meril’s fundraising round was expected to total USD 250-300 mn, with multiple investors anticipated to participate, including Singapore’s Temasek Holdings. The IPO is likely within 12 to 18 months.

About the company: Founded by Bilakhia Group, Meril focuses on advanced solutions across cardiovascular, structural heart, orthopaedics, endo-surgery, in-vitro diagnostics, and surgical robotics.

REMEMBER- Adia has been actively expanding its India portfolio in 2025. The sovereign wealth fund invested 41.3 crore (c. AED 17.7 mn) in the USD 395 mn (AED 1.5 bn) IPO of Indian drugmaker Anthem Biosciences. It also deployed around USD 310 mn (AED 1.1 bn) for a 5.1% stake in IDFC First Bank, and participated in HDB Financial Services’ 3.4k crore (c. AED 1.5 bn) pre-IPO funding round.

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REAL ESTATE

Dubai office rents steady in 2Q as demand shifts to larger spaces

A more tempered quarter for Dubai’s office market: Dubai’s office market is showing signs of a slight cooldown, with rents in several areas stabilizing in 2Q 2025, according to Savills’ Dubai Office Market 2Q report (pdf). Despite 11 of the 23 sub-markets tracked by Savills seeing rents remaining flat q-o-q, rents are still up 36% y-o-y on average.

REMEMBER- In 1Q 2025, Dubai’s office market saw record-low vacancy and steep rent hikes, as strong demand and tight supply drove rents up across all submarkets — with average increases hitting 45% y-o-y.

Areas seeing rental growth: Prices rose the most in Dubai Silicon Oasis, posting a 13% q-o-q rise, followed closely by a 12% uptick in Al Barsha Heights’ rents. Business Bay, which recorded a 94% y-o-y surge in rents during the first quarter, saw a 10% q-o-q rise this time.

Leasing demand in 2Q skewed toward bigger offices, with 44% of enquiries concerning spaces between 10k-20k sq ft — outpacing interest in smaller units below 10k sq ft, which made up 38% of the demand.

Hold ‘em: Lease renewals remained the most common transaction type, making up 41% of the total. More occupiers are locking in future growth by negotiating right-of-first-refusal on adjacent units, preferring to stay put rather than relocate — which accounted for 29% of agreements. Only 12% of transactions came from new entries.

Financial and tech firms are leading the charge: 53% of Savills’ transactions came from firms working in financial services during the quarter, followed by tech and media businesses at 21% and consulting companies at 11%.

Another factor potentially accelerating the cooldown? More supply is incoming, wth some 1 mn sq ft expected between late 2025 and 1Q 2026. Plus: Geopolitical developments could weigh on activity, Savills warned.

It’s still cut-throat. Landlords are increasingly opting for tenants with strong track records amid higher rents and tighter supply, while interest in strata-ownership — where specific parts of a property are owned by different people — is also on the rise, Savills noted. Dubai South and Expo City are set to see more growth on the back of greater availability and affordability, the report added.

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DEBT WATCH

Emirati lenders back AED 937.5 mn loan for Africa Finance Corporation

Emirati banks arrange AED 937.5 mn loan for AFC: The Africa Finance Corporation (AFC) has secured its inaugural sustainability-linked term loan worth AED 937.5 mn, backed by a syndicate of Emirati banks, according to a statement. The loan diversifies its funding base by tapping into the local AED market, and linking sustainability metrics to “signaling to investors and stakeholders the importance of environmental responsibility to its infrastructure investment mandate.”

Who’s involved? Abu Dhabi Commercial Bank, Emirates NBD Capital, First Abu Dhabi Bank, our friends at Mashreq, and the National Bank of Ras Al Khaimah acted as initial mandated lead arrangers and bookrunners. Mashreq also acted as the global coordinator and documentation agent, while First Abu Dhabi Bank served as the sustainability coordinator, and Emirates NBD Bank acted as the facility agent.

Not AFC’s first rodeo with Emirati lenders: Last year First Abu Dhabi Bank acted as the global coordinator for AFC’s USD 300 mn sukuk, which was scheduled to be issued before the end of last year and came as the institution was looking increasingly to the Gulf for financing on development and infrastructure projects.

Background: The AFC also secured a first-time USD 500 mn hybrid capital issuance and a USD 400 mn Murabaha facility this year, in addition to a USD 1.2 bn syndicated loan last year.

6

STARTUP WATCH

Dubai’s contactless dining startup Qlub secures USD 30 mn for expansion

Qlub secures USD 30 mn in funding: Dubai-based dining payment platform Qlub raised USD 30 mn in a funding round co-led by Shorooq Partners and Cherry Ventures, with participation from other investors including e&, Mubadala Investments, and Legend Capital, according to a press release (pdf). The funding round was entirely equity-based, co-founder Mahmoud Fouz told EnterpriseAM.

What’s next? The startup intends to allocate the funds equally between product development and market expansion, Fouz told us. Qlub will also use the funds to bolster its partner network to include more hospitality and tech firms, and integrate data analytics into its platform for customer preference insights, the press release said.

An eye for expansion: The startup will focus on growing within the GCC region while evaluating entry into other high-potential markets outside the region, though specific target countries are still being assessed, Fouz stated. Qlub currently operates in nine markets: the UAE, Saudi Arabia, Kuwait, Qatar, Singapore, Hong Kong, Australia, Brazil, and South Korea.

About Qlub: Founded in 2021 by Eyad Alkassar (LinkedIn) and Fouz (LinkedIn), Qlub provides QR-based solutions that allow diners to view menus, place orders, and pay bills through their smartphone. The tech startup processes several bns of USD in payments annually for clients like Wagamama and Paul Café.

Background: Qlub previously raised USD 42 mn from earlier rounds, and made LinkedIn’s top UAE startups list last year. The ranking was based on four performance indicators, including employee development, jobseeker interest, firm and employee engagement, and success in attracting talents from top companies.

Bloomberg also had the story.

OTHER STARTUP NEWS-

Ellington backs proptech firm Keyper in investment partnership: Dubai-based developer Ellington Properties invested in proptech Keyper to integrate digital rental management and payment solutions into its offerings, according to a press release. EnterpriseAM UAE was unable to reach representatives from Ellington ahead of dispatch.

What we know: Ellington aims to integrate real-time portfolio tracking, automated rent collection, and construction progress updates into its offerings. The collaboration will introduce features such as live market data and in-app financing options, as well as an upcoming post-handover financing product.

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LEGISLATION WATCH

Breaking down DIFC’s latest amendments to data, security, and insolvency laws

Individuals can now directly sue for data breaches at DIFC: New amendments (pdf) to the Dubai International Financial Center’s (DIFC) data protection, insolvency, and security laws, which took effect on 15 July, the authority clarify how individuals can lodge complaints of personal data breaches, as well as rules governing financial collateral arrangements.

The revised Data Protection Law now introduces a private right of action, allowing individuals to directly file claims in DIFC courts if their personal data is processed in breach of the law. Claims can cover material and non-material damage, including emotional distress, and are separate from any enforcement by the Commissioner of Data Protection.

What does this mean for you if you’re a DIFC-registered firm? Tighten your data governance and risk management and oversight or face potential litigation from any individual who claims their personal data was breached in their interactions with you.

PLUS: You could face a new fixed penalty if you fail to submit an annual data processing notification to the DIFC Commissioner.

Broadened scope: The law also now encompasses more data processing scenarios, including any undertaken directly by DIFC-registered entities, regardless of where it occurs, as well as entities processing personal data within the DIFC as part of stable arrangements — even if those entities aren’t registered with DIFC.

Cross-border data transfers will also be getting stricter treatment. Cross-border transfers to public authorities in other countries will require adequacy assessments that consider whether the recipient’s use of data serves a proportionate public interest and whether judicial remedies are available to affected individuals.

Changes to the security and insolvency laws are more for clarification purposes, but the key outcome from both are more simplified procedures when ending and defaulting on a creditor agreement, following clear terms agreed in the initial creditor agreement whenever possible, and including digital assets under both laws.

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EARNINGS WATCH

Binghatti, Rakbank post strong 1H earnings

BINGHATTI-

Dubai-based real estate developer Binghatti Holding reported a net income of AED 1.8 bn in 1H 2025, a 172.3% y-o-y jump from 1H 2024, according to its financials (pdf). Revenues also saw a big jump, reaching AED 6.3 bn during the six-month period, up from AED 2.2 bn during the same period last year.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

The results come on the back of a busy 1H for Binghatti, during which it launched an asset management arm to handle up to USD 1 bn in shariah-compliant private credit and real estate investments, and acquired freehold land in Dubai’s Meydan district for an AED 25 bn development. The firm currently has almost 30 projects underway and is also exploring real estate tokenization, with plans to enable investors to enter the market with as little as AED 500.

RAKBANK-

The National Bank of Ras Al Khaimah (Rakbank) saw its bottom line come in at AED 669.3 mn during 2Q 2025, up 29.8% y-o-y, according to the bank's financial statements (pdf). The lender recorded AED 1.3 bn in operating income, up 8.2% y-o-y, as non-interest income rose to AED 361.8 mn. This is up 24% y-o-y and was driven by diversified fee income, FX revenues, and investment gains, according to a separate earnings release (pdf).

On a six month basis, operating income totaled AED 2.6 bn, a 9.5% uptick y-o-y. The lender’s bottom line rose 26.1% to AED 1.4 bn. Net interest income fell marginally during the period, but non-interest income grew 35.6% to AED 795.2 mn.

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ALSO ON OUR RADAR

Kezad gets a new vaccine distribution hub + FAB launches education-focused fintech in Egypt

LOGISTICS-

Rafed debuts new Abu Dhabi vaccine hub: ADX-listed PureHealth subsidiary Rafed has launched a new regional vaccine distribution hub in the Khalifa Economic Zone Abu Dhabi (Kezad), according to a statement. The facility is the first distribution center for biopharma firm GSK in the Middle East.

The details: Rafed will operate the facility, which will distribute mns of doses of 20 different vaccines for adult and pediatric use annually. It will serve more than 100 international destinations with time-sensitive, temperature-controlled freight services, the statement says. Etihad Cargo, the Abu Dhabi Investment Office, AD Ports, and the Abu Dhabi Department of Health are also involved.

EDUCATION-

FAB’s Lime launches in Egypt: First Abu Dhabi Bank (FAB) launched its education-focused fintech Lime in the Egyptian market with an initial investment of USD 9.4 mn, the lender announced in a press release (pdf). The FRA-licensed platform offers 6-12-month installment plans for amounts of up to EGP 1 mn, with digital onboarding and approvals provided within minutes. At the moment, Lime is all about the education sector — partnering with nurseries, schools, and universities — but plans to expand into other essential sectors.

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PLANET FINANCE

Volatility cost global corporates USD 320 bn in lost earnings since 2017

Volatility takes a bite out of earnings: The top 3.5k listed companies globally, with over USD 1 bn in annual revenue, have lost some USD 320 bn in earnings since 2017 due to geopolitical tensions and economic uncertainty, the Financial Times reported yesterday, citing an EY-Parthenon study. One in four of the 3.5k companies saw a 5% decrease or more in EBITDA margin in the period between 2017-2024.

The impact of volatility was also illustrated by the UK’s FTSE 100 index, where the study found that 40% of price fluctuations occurred on the days of major geopolitical and economic events — concentrated over the past three years — including the US inflation rebound, Russia’s war on Ukraine, the UK gilt market meltdown, the Israel-Hamas war, and Donald Trump’s return to the White House.

“After years of cheap money and relative geopolitical stability, a wave of macro shifts — from trade tensions to global conflicts — now means that government policy and global events are having a greater impact on value and profits than in many decades,” EY-Parthenon UK’s macro and geostrategy leader Mats Persson told the salmon-colored paper.

Chinese corporates took the hardest hit, with 40% of 833 companies surveyed losing a combined USD 73 bn of EBITDA, with losses concentrated in the real estate, steel, and construction sectors.

Against the headwinds: Many American and British companies managed to go against the current and post EBITDA far above their peers, including US’ Caterpillar, UPS, Pfizer, Merck, and Johnson & Johnson, and the UK’s Next, Croda, Rio Tinto, and Spirax.

Adaptability is key: Those top performers were the ones who “have successfully diversified their portfolio, managed their cost base, identified and understood various policy changes and updated their governance to reflect a different world,” Persson said.

MARKETS THIS MORNING-

Asian markets are little changed in early trading this morning, with Japan’s Nikkei up 0.1%, while Hong Kong’s Hang Seng and the Shanghai Composite are both down 0.1%. Wall Street futures are also holding steady, after the S&P 500 notched another record high yesterday, shrugging off the Trump administration’s tug-of-war with the Fed.

ADX

10,235

-0.3% (YTD: +8.7%)

DFM

6,045

-0.8% (YTD: +17.2%)

Nasdaq Dubai UAE20

5,010

-1.1% (YTD: +20.3%)

USD : AED CBUAE

Buy 3.67

Sell 3.67

EIBOR

4.3% o/n

4.2% 1 yr

TASI

10,981

+0.2% (YTD: -8.9%)

EGX30

32,130

+0.2% (YTD: +14.7%)

S&P 500

6,306

+0.1% (YTD: +7.2%)

FTSE 100

9,013

+0.2% (YTD: +10.3%)

Euro Stoxx 50

5,343

-0.3% (YTD: +9.1%)

Brent crude

USD 69.21

-0.1%

Natural gas (Nymex)

USD 3.32

-0.2%

Gold

USD 3,414

+0.2%

BTC

USD 117,550

0.0% (YTD: +25.7%)

Chimera JP Morgan UAE Bond UCITS ETF

AED 3.61

-0.3% (YTD: +1.2%)

S&P MENA Bond & Sukuk

145.72

0.0% (YTD: +4.1%)

VIX (Volatility Index)

16.65

+1.5% (YTD: -4.0%)

THE CLOSING BELL-

The ADX fell 0.3% yesterday on turnover of AED 1.2 bn. The index is up 8.7% YTD.

In the green: Abu Dhabi National Takaful Co. (+14.9%), E7 Group Warrants (+14.8%) and E7 Group (+14.7%).

In the red: Oman & Emirates Investment Holding Co (-10.0%), Ins. House (-9.9%) and Adnoc Gas (-2.4%).

Over on the DFM, the index fell 0.8% on turnover of AED 764.3 mn. Meanwhile, Nasdaq Dubai was down 1.1%.


JULY

7-25 July (Monday-Friday): Subscription window for Al Mal Capital REIT’s follow-on offering on the DFM.

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

AUGUST

8-15 August (Friday-Friday): Expected trading window for Al Mal Capital REIT’s new units on the DFM.

SEPTEMBER

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

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

8-10 September (Monday-Wednesday): WHX-Tech Expo, Dubai World Trade Center.

8-19 September (Monday-Friday): Universal Postal Congress, Dubai World Trade Center.

10-11 September (Wednesday-Thursday): MENA Public-Private Partnership Forum, Dubai.

10-20 September (Wednesday-Saturday): IFMA Youth World Muay Thai Championship, Abu Dhabi.

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.

23-24 September (Tuesday-Wednesday): MENA EV Show, The Agenda, Dubai Media City.

24-25 September (Wednesday-Thursday): The KT UniExpo, The H Dubai.

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 Center.

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

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 October (Thursday): Family Office Summit, Park Hyatt, Dubai.

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

14-16 October (Tuesday-Thursday): Global Future Councils, Dubai.

15-18 October (Wednesday-Saturday): Middle East Electric Vehicle Show, Expo Center Sharjah.

22-24 October (Wednesday-Friday): World Investment Conference, Expo Center 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

11-17 November (Tuesday-Monday): International Council of Museums (ICOM) General Conference, Dubai

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 Center, Expo City.

17-21 November (Monday-Friday): Dubai Airshow, 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.

7-14 December (Sunday-Sunday): Asian Youth Para Games, APC headquarters, Dubai.

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.

29-30 December (Monday-Tuesday): World Sports Summit, Dubai.

Signposted to happen sometime in 2025:

  • e& will complete Adnoc’s private 5G network.
  • Executive Committee Meeting (EXCOM 2025) conference of the World Smart Sustainable Cities Organisation (WeGO)

Signposted to happen sometime in 2H 2025:

  • Closing of XRG's acquisition of Covestro

JANUARY 2026

1 January: Client asset regime changes in Dubai International Financial Center take effect.

9-11 January (Friday-Sunday): 1 Bn Followers Summit, UAE.

28-29 January (Wednesday-Thursday): IBA Arbitration Day Conference, Abu Dhabi.

FEBRUARY 2026

3-5 February (Tuesday-Thursday): The World Governments Summit.

12-15 February (Thursday-Sunday): The Society for Incentive Travel Excellence Global Conference, Abu Dhabi.

Signposted to happen in 2026:

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:

  • Sibos 2029 organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), Dubai.
  • The commissioning of the seventh phase of Mohammed bin Rashid Al Maktoum Solar Park.
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