Another Hormuz workaround

1

WHAT WE’RE TRACKING TODAY

THIS MORNING: UAE fends off another round of cyberattacks against key sectors + Archer acquires three Boeing units

Good morning, everyone. Adnoc Gas is taking the cost of the Hormuz squeeze into account in its plans for the future, while Mubadala is planting the seeds for its next act.

Adnoc Gas saw its bottom line halve on Hormuz disruptions, and so is planning a workaround through an LNG export route that skips the strait entirely.

Meanwhile, Mubadala is going deeper into Brazil’s biofuel supply chain, building out a macauba farm to feed a planned network of biorefineries, backed by a USD 3 bn investment.

On the earnings front, Spinneys managed to grow its bottom line by leaning on supply chain integration and rerouting to keep its shelves stocked through the disruption to regional logistics. And Dubai banks are spending mns of USD to back up data abroad after strikes damaged local AWS data centers earlier this year, with the CBUAE issuing weekly waivers to allow for the offshore data hosting.

UAE defenses thwart another round of cyberattacks

The UAE has fended off organized cyberattacks against the aviation, energy, and education sectors, state news agency Wam reports, citing the UAE Cyber Security Council. The council didn’t specify which firms were targeted but said the attacks included attempts to breach digital infrastructure, compromise accounts and operational data, launch targeted phishing campaigns, and exploit users as points of entry into systems.

The impact? Contained. The council said the incidents were handled proactively, with intrusion attempts contained before any damage or disruption to critical services occurred. The attack paths and indicators of compromise were also tracked, and the threats were neutralized before they could spread.

The UAE dealt with another series of cyberattacks just last month as part of a wider trend of rising cyberattacks since the start of the war. Cyber Security Council head Mohamed Al Kuwaiti had said that the Emirates was facing 800k cyberattacks a day in April. The growing number of AI-powered attacks is also leading to more complex and harder-to-detect attacks. Iran-linked groups have increasingly targeted critical facilities, including Fujairah Port, as part of the war, according to Dow Jones.

Archer acquires three Boeing units

Flying taxi maker Archer Aviation is acquiring Boeing’s Wisk Aero, Insitu, and SkyGrid businesses in an all-equity transaction, giving Boeing a 19.75% stake in Archer, as per a press release. The agreement is expected to be sealed by the end of the year.

Also in the tie-up: Boeing will secure two warrants to buy as much as USD 200 mn of Archer’s stock and have the option to choose a director for its board, Reuters reports.

IN CONTEXT- Archer Aviation has been a key player in the Emirates’ eVTOL ambitions for several years now. It moved a step closer to rolling out its air taxi operations earlier this year after securing a restricted type certificate program. It’s also planning to set up more than 10 vertiports across Abu Dhabi. This latest takeover both marks expansion into more of the eVTOL stack and brings in a sizable defense and aerospace revenue stream.

What each brings to the table: Wisk comes with autonomous eVTOL technology and more than 1.7k flight tests. Insitu develops unmanned aircraft systems used for intelligence, surveillance, and reconnaissance, with its systems deployed by the armed forces of 35 countries. SkyGrid adds software for managing increasingly automated aircraft within shared airspace.

Dubai banks pay the cost of war-disrupted AWS services

Dubai banks are paying mns of USD in extra costs to back up data abroad, five months after drone and missile strikes damaged local Amazon Web Services (AWS) data centers, according to The Banker. One banker told the outlet AWS data is now backed up in India and Ireland rather than staying in the emirate, as part of business continuity arrangements spanning both AWS and Microsoft Azure.

The Gulf’s digital sovereignty is being tested: The Central Bank of the UAE (CBUAE) continues to issue weekly emergency waivers exempting lenders from strict local data-sovereignty laws, allowing them to host core banking information offshore, while AWS’s UAE region server remains “disrupted.”

Why this matters: As the UAE races to position itself as a global tech hub with USD multi-bn investments from the likes of Microsoft and massive projects like the Stargate data cluster, this prolonged disruption serves as a stark reminder of the region’s vulnerability to wider conflict. The lingering uncertainty around the region’s digital infrastructure is costly for risk-averse multinationals, as this creates a higher risk premium that could eventually drive corporate workloads toward European alternatives and complicate long-term capital allocation, as security experts have told us before.

Data point

30k — That’s how many new investors joined the Abu Dhabi Securities Exchange (ADX) in 1H 2026, up 7.1% y-o-y — with foreign investors making up 77% of the new registrations, state news agency Wam reports. Foreign investors accounted for 48% of trading value, and institutions made up 78%, with net institutional inflows climbing 13.7% y-o-y to AED 1.4 bn.

Market capitalization stood at AED 2.8 tn in June, while dividends distributed reached AED 49.9 bn. Trading value reached AED 171 bn, with volumes rising 3.7% y-o-y to 50.3 bn shares. Average daily traded volume went up 9% to 423 mn shares, while nearly 3.3 mn trades were executed, up 12% y-o-y.

REMEMBER- The inflows are notable given the headwinds that hit the ADX during that period: ADX posted its steepest monthly decline in six years in March, falling 8.9%, as the Iran war triggered a pullback from UAE exposure and foreign investors turned net sellers across the market. By July, however, Abu Dhabi became the only major Gulf market posting a monthly gain.


The EnterpriseAM Egypt Forum is back —— and we’re devoting the full day to the singular set of questions on everyone’s mind: What does AI actually mean for your company, your people, your economy, your own job — and your kids’ future?

Every session on stage answers one question: “So, what do I actually do about it?”

Join us on 5 October in Cairo. Seats are limited and attendance is by invitation only.

Request your invitation here.

PSA

Indian travelers can now get their UAE entry visa at no charge when booking an Abu Dhabi holiday of at least three nights, according to a press release from the Department of Culture and Tourism. The scheme runs from 1 August through 31 October 2026 and will cover up to 20k visas. Travelers will need to book through participating partners to get the no-cost visa access.

How does it work? Abu Dhabi’s Tourism Department will cover the full visa cost, either directly through an appointed destination management company or by reimbursing participating partners AED 285 per visa.

Why now? The UAE has been looking to bolster the tourism sector, which has taken a massive hit from the regional war, with some analysts seeing a full recovery in traveler inflows by 2029. While authorities have already rolled out support for tourism and hospitality players in Dubai, this latest move looks to drum up tourism appetite in one of the UAE’s key international tourism markets.

WEATHER- Temperatures will reach 42°C in Dubai today, and a hotter 45°C in Abu Dhabi. Dubai will see a low of 34°C, while Abu Dhabi will cool off to 32°C.


Destination Sahel Issue III drops this week, and we’re diving into how the North Coast is adapting to a changing market.

Developers are recalibrating as buyer behavior shifts, luxury retail is carving out a bigger piece of Sahel’s economy, and the wellness and sports scene has become a summer destination on its own.

In this issue, we get into what’s actually changing on the ground, from how developers are adjusting their pitch to where to shop and how to stay active this season.

Tap or click here to subscribe to the Egypt edition, coming straight to your inbox tomorrow, 12 August.

The big story abroad

In the latest twist in the regional war, US President Donald Trump has issued a counter-demand for financial compensation from Iran, turning Tehran’s own claim for war damages back on the Islamic Republic. Iranian officials had indicated that reparations and an end to sanctions, largely in line with the terms of the interim truce signed in June, are prerequisites for opening the Strait of Hormuz.

Wall Street’s next big AI wager: Nvidia is looking to mobilize USD 500 bn for AI infrastructure after signing MoUs with six major financial firms, including BlackRock, Blackstone, Apollo, Goldman Sachs, and KKR. The chipmaker aims to launch first-of-their-kind compute financing platforms, accelerating AI infrastructure expansion across labs, enterprises, and cloud providers.

Meta has unveiled Muse Glimmer, an open-weights version of its most powerful AI model, Muse Spark, making its underlying calculations accessible to the public. Muse Spark, however, will remain closed and accessible only to paying users. The announcement was accompanied by an essay by CEO Mark Zuckerberg, who championed his vision for a transparent tech landscape vis-a-vis AI innovation.

Speaking of Meta: A US appeals court has allowed thousands of lawsuits against Meta, Google, TikTok, and Snapchat to move forward over claims that the companies designed their platforms to be addictive to young users. The cases were brought forward by states, municipalities, school districts and individuals claiming that the social media platforms contribute to depression, anxiety, body-image issues among young demographics.

Also in the AI world: OpenAI wrapped up a USD 7 bn share buyback sale, allowing current and former employees to sell stock ahead of an anticipated Wall Street listing. The startup opted to buy back its shares from its employees rather than tapping outside investors, which values the company at USD 852 bn.

At least 111 people were killed in Colombia yesterday after a magnitude 7.4 earthquake struck, damaging nearly 1.6k homes and collapsing 60 buildings. It was Colombia's most powerful earthquake this century, its geological service said.

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2

THE BIG STORY TODAY

Adnoc Gas’ profit halved on Hormuz disruptions — so it’s planning an LNG export route that skips the strait entirely

Disruptions to traffic through the Strait of Hormuz weighed on Adnoc Gas’ 2Q results — and the firm is already planning a way around it. Net income dropped 52% y-o-y in 2Q 2026 to USD 665 mn, while revenues fell to USD 3.6 bn, down 39% y-o-y and 28% q-o-q, according to the company’s management discussion and analysis report (pdf). For 1H 2026, net income fell 34% y-o-y to USD 1.7 bn, with revenues sliding 28% y-o-y to USD 8.6 bn.

The prolonged closure of the strait hit Adnoc Gas where it hurt most, stifling exports of LNG, LPG, and naphtha just as energy prices surged. Exports and liquid sales volumes declined 53% y-o-y in 2Q and 36% in 1H. The volume loss meant Adnoc Gas missed out on surging benchmark prices, with Brent averaging USD 104 / bbl — that’s 30% higher than last year’s 2Q average. Domestic gas sales volumes also dipped 20% in the first half.

Why it matters: This exposes a gap for the UAE's crude bypass strategy — the Adcop pipeline to Fujairah, a new USD 3 bn Ruwais-Jebel Dhanna line, Borouge and AD Ports' east coast buildout, and DP World's 50-year Fujairah concession. All of that infrastructure moves oil around Hormuz. None of it moves gas. Adnoc Gas's entire LNG fleet — 6 mtpa of LNG capacity at Das Island, while the 9.6 mtpa Ruwais LNG project coming online in 2028 — sits inside the strait.

Closing the gap

Adnoc Gas is now studying options for a new LNG export facility on the UAE’s east coast that would give future exports a route to market that bypasses the strait entirely, though a final investment decision has yet to be made, CFO Peter van Driel told Bloomberg. The move comes as the company pushed ahead with USD 8.2 bn of new gas-processing investments to raise production.

The company isn’t slowing capex to get there: Total capex reached USD 2 bn in 1H, up 65% y-o-y, on the back of investment in long-term expansion projects. The company raised its committed 2026-2030 capex target to USD 28 bn, up from USD 20 bn, on the back of final investment decisions (FIDs) for phases 2 and 3 of the Rich Gas Development project. It also recently reached an FID on the USD 6.2 bn Umm Shaif gas cap. However, it maintained its FY 2026 capex guidance at USD 4.5-5 bn, and the board approved a 2Q dividend payout of USD 940 mn, or 4.5 fils per share — on track with its policy to grow annual dividends by 5% through 2030.

What’s next

Assuming the current situation in Hormuz continues, Adnoc Gas expects 3Q 2026 net income to land between USD 600 mn and USD 800 mn. If maritime routes normalize by 4Q, full-year net income is projected to reach USD 3.5-4 bn. On the plus side, operational recovery at Habshan — which was damaged during Iranian attacks on the UAE in April — is moving faster than expected, with gas supply restoration at 85% ahead of schedule.

3

INVESTMENT WATCH

Mubadala’s Brazil energy arm is planting an area larger than Los Angeles to grow its own jet fuel feedstock

Mubadala Capital’s Brazilian energy arm is building a USD 3 bn farming operation to power its biofuel strategy. Acelen Renováveis is planting macauba — a thorny, oil-rich palm fruit native to Brazil’s semi-arid interior — across as much as 144k hectares, an area slightly larger than Los Angeles, to feed what the Abu Dhabi fund hopes will eventually be five biorefineries, Bloomberg reports.

REMEMBER- We first reported Acelen’s Bahia biorefinery, a USD 2.5 bn plant designed to run on soybean oil and used cooking oil — commodities Acelen buys, not grows — in 2023. By 2024, Mubadala had scaled its Brazil biofuels ambition to USD 13.5 bn across five modules. When the Bahia plant locked in USD 1.5 bn in financing from a 10-bank syndicate led by HSBC and the IFC, macauba appeared only as one feedstock among several, but it now seems the crop has become the center of gravity.

The scale of land, headcount, and R&D Acelen has committed looks less like a refiner securing supply and more like a fund building an agricultural business from scratch. More than 200 researchers are working on the project, including a genetics program to breed out the fruit’s five-inch thorns and shrink the trees for easier harvesting.

Why macauba? The entire investment case rests on yield math: Acelen says the palm produces seven to 10 times more oil per hectare than soybeans.

Yes, but: Vertical integration into farming is a different risk category than anything Gulf sovereign capital has typically taken on in the energy transition space — funds write checks into midstream and downstream assets — they don’t usually become growers. Plus: The precedent isn’t encouraging. Jatropha, another oilseed crop pitched a decade ago as a biofuels breakthrough, was planted across 250k+ hectares, mostly in China, before weak breeding programs and inconsistent yields sank most of the projects, according to BloombergNEF.

Acelen is also up against a harder problem than planting: proving that its acquired land in Brazil is genuinely degraded rather than contested or fragmented — a verification challenge flagged by BloombergNEF as the project’s real bottleneck ahead of the farming itself.

Why it matters

Sustainable aviation fuel is still a rounding error in global energy terms — it made up just 0.6% of all aviation fuel consumed globally last year, and without mandates, it’s generally too expensive to compete with conventional jet fuel.

But that’s changing on a fixed timeline: The EU requires airlines to start cutting emissions in 2027, with targets rising to 10% by 2037, and SAF is expected to carry most of that load. Brazil is a logical place to chase that demand — it already runs the world’s most mature biofuels industry off sugarcane and soy, has cheap land, and Acelen inherited a foothold there when Mubadala bought the country’s second-largest refinery, Mataripe, from state energy firm Petrobras.

The Bahia refinery alone is designed to produce 20k barrels of SAF a day once fully operational — which on its own would equal roughly half of all SAF produced globally in 2025. That’s the scale of the prospect Mubadala is chasing, and it explains the appetite for such an unconventional venture: tight global supply and a hard 2027 mandate mean whoever can scale feedstock fastest will capture a market that’s about to get a regulatory tailwind.

4

EARNINGS WATCH

Supply chain integration helped Spinneys post 1H growth

Supply chain integration and strong sourcing helped Spinneys weather 1H: DFM-listed Spinneys saw its bottom line grow 3.1% y-o-y to AED 87.8 mn despite a 1.6% dip in its revenues to AED 895.1 mn, according to its financial statements (pdf). A 2.6% downturn in the cost of sales and a 105.9% uptick in other income streams helped to offset the effect of the lower top-line result.

For 1H, its bottom line was up 2.5% to AED 174.5 mn on revenues of AED 1.9 bn, up 5.1%. Growth in like-for-like sales, new store openings, strong contributions from fresh (+64.5%) and private label (+47.3%) sales, and a 19.1% y-o-y uptick in online sales volumes all helped to boost its topline, Spinneys said in its earnings release (pdf). It also cited supply chain integration and rerouting, its sourcing model, and good inventory management as helping to keep availability levels strong at 83-88% despite the disruption to regional logistics.

Gross income margins softened slightly in 1H on the back of higher inflationary pressures and logistics costs due to the war, but were still up 4.1% y-o-y for the period.

Dividends: The board approved a payout of AED 122.4 mn, or 3.40 fils per share, for 1H.

5

MOVES

Mastercard names Yasemine Bedir as president for EEMEA region

Mastercard appointed Yasemine Bedir (LinkedIn) as president of its Eastern Europe, Middle East, and Africa (EEMEA) operations, effective September 1, according to a press release (pdf). Bedir will be based in the UAE and oversee the multinational’s strategy across the 81-country region. She succeeds Dimitrios Dosis (LinkedIn), who steps into the role of chief commercial payments officer.

A Mastercard veteran, Bedir has been with the firm for nearly 20 years, most recently serving as divisional president for Eastern Europe alongside earlier senior roles across the EEMEA region. She also worked with HSBC and Garanti Bank.

6

ALSO ON OUR RADAR

Space42 inks USD 7 mn autonomous mobility agreement + Apparel Group deepens footprint in Madinah

Space42 and South Korea’s Autonomous A2Z (A2Z) signed their first commercial pact since forming a joint venture last year, inking a USD 7 mn agreement to deploy A2Z’s Level-4 autonomous driving systems in the UAE, according to a press release. The two partnered last year to set up a JV to deploy and commercialize self-driving systems across MENA.

The plan: A2Z’s ROii model will be operationally tested and assessed for possible pilot robo-shuttle services and could potentially be used in on-demand and tourist transport services.

IN CONTEXT- This isn’t Space42’s first outing in autonomous mobility — its existing TXAI taxi service has covered more than 600k km across 20k trips with zero recorded accidents since 2021. Driverless taxis are already on the road in Abu Dhabi, after WeRide rolled out the first services in Yas Island last November. Dubai authorities also kicked off commercial operations of autonomous taxis in certain areas earlier this year.

Apparel Group deepens footprint in Madinah

Apparel Group is becoming Madinah’s newest retail landlord: The Dubai-based conglomerate has signed on as an anchor retail partner for Knowledge Economic City's (KEC) Multaqa AlMadinah Mall, bringing 24 international brands — 18 retail and six F&B — across 8.7k sqm, with 10 (including Nando's, Wagamama, Birkenstock, and Levi's) opening in the Holy City for the first time. Why Madinah? Because its organized retail and dining supply hasn't kept pace with its resident, pilgrim, and visitor base — a gap KEC CEO Moath Al Yahya tells us persists even as demand keeps climbing.

KEC’s second tenant victory this year: Danube Food & Luxuries signed on for a 3.6k sqm anchor grocery earlier in 2026, while KEC has been offloading development risk on adjacent parcels through funding partnerships with Alrashid Properties, BSF Capital, and Fourmen Investment. Apparel Group — 2.6k+ stores, 85+ brands across 14 countries — has been steadily deepening its Saudi footprint through destination-led launches like this one.

7

PLANET FINANCE

Mena M&A value drops 21% to USD 46.7 bn in 1H despite 2Q rebound — EY

The MENA region was home to USD 46.7 bn in M&As in 1H 2026, down 21% y-o-y in terms of value and 10% in terms of volume, Zawya reports, citing EY’s latest M&A Insights report. A total of 390 transactions were recorded over the period, as geopolitical tensions spilled over. Momentum picked up in 2Q driven by a steady pipeline of domestic and outbound M&As, plus sovereign capital, which was the throughline. EY names GCC sovereign wealth funds Abu Dhabi Investment Authority (Adia), Public Investment Fund (PIF), and Mubadala specifically as central to shaping M&A activity across the region in 1H.

Signs of a more selective market: The gap between value and volume points to smaller ticket sizes, with the average transaction coming in at roughly USD 120 mn this year, down from an implied USD 135 mn in 1H 2025. However, that average masks a split year marked by a soft first quarter dragging the half-year number down, while the agreements that did land in the second quarter skewed large.

A 2Q recovery: Transaction value came in at USD 25 bn in 2Q 2026, more than double the USD 12.2 bn recorded in 2Q 2025, with May and June alone accounting for 61% of the quarter’s M&A volume and 79% of its value. Transactions above USD 500 mn made up nearly three-quarters of total value between March and June — when investors came back, they came back big.

Domestic capital did the heavy lifting. Local M&A value exceeded USD 16.0 bn for March-June, more than 4x the same period last year, led by real estate, power and utilities, and tech. Government-related entities were behind much of it, tied to the region’s infrastructure and diversification push.

Outbound held up better than inbound. Regional investors closed 119 outbound M&As worth USD 25.5 bn, with the UAE and Saudi Arabia doing most of the shopping abroad. The two marquee transactions were Dubai Aerospace Enterprise’s USD 7 bn purchase of Macquarie AirFinance and Saudi Electronic Gaming Holding Company’s (Savvy) USD 6 bn acquisition of Shanghai Moonton Technology.

Inbound was the softer side. Foreign buyers pulled back on geopolitical uncertainty, but where capital did land, it went to tech, specifically AI-driven solutions, enterprise digitalization, and software platforms, which dominated inbound agreement value in 2Q. The UAE kept its position as the region’s top inbound destination.

Two other counts tell different stories

LSEG’s own tally put the MENA M&A picture in sharper decline. Transaction value fell 47% y-o-y to USD 48.7 bn in 1H, against a nearly flat M&A count (642 plays, down just 2% y-o-y). LSEG’s broader scope, announced transactions with any MENA involvement, not just completed regional transactions, explains part of the value gap with EY’s number. The same pattern shows up in average transaction size, which fell to roughly USD 76 mn per transaction this year from an implied USD 140 mn in 1H 2025.

PwC’s narrower TransAct Middle East report (pdf) counted 272 M&A agreements in 1H, excluding Morocco and apparently SPAC mergers such as Miotal/Fifth Era. Saudi Arabia led with 74 transactions, while it and the UAE together accounted for 65% of regional volume. PwC didn’t give a total value, but the same shift toward smaller tickets shows up in the numbers. Some 151 disclosed M&As were worth less than USD 100 mn, and only one topped USD 500 mn.

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

MARKETS THIS MORNING-

Asian markets showed mixed results this morning, with South Korea’s Kospi dropping around 1%, while MSCI’s gauge of Asian equities remained broadly steady. Japan’s stock market is closed today in observance of a national holiday. Meanwhile, US equity-index futures edged lower overall, following fading optimism regarding a US-Iran truce.

ADX

10,085

-0.1% (YTD: -0.9%)

DFM

5,901

-0.7% (YTD: -2.4%)

Nasdaq Dubai UAE20

4,880

-0.2% (YTD: -0.2%)

USD : AED CBUAE

Buy 3.67

Sell 3.67

EIBOR

3.7% o/n

4.3% 1 yr

TASI

10,846

+0.3% (YTD: +3.4%)

EGX30

54,876

-0.5% (YTD: +31.2%)

S&P 500

7,753

-0.1% (YTD: +13.3%)

FTSE 100

10,863

-0.4% (YTD: +9.4%)

Euro Stoxx 50

6,536

+0.2% (YTD: +12.8%)

Brent crude

USD 87.72

+5.0%

Natural gas (Nymex)

USD 2.79

+5.0%

Gold

USD 4,420

+0.5%

BTC

USD 63,985

-1.9% (YTD: -26.9%)

Chimera JP Morgan UAE Bond UCITS ETF

AED 3.62

+0.0% (YTD: +1.0%)

S&P MENA Bond & Sukuk

150.98

+0.0% (YTD: -0.6%)

VIX (Volatility Index)

15.46

+3.8% (YTD: +3.4%)

THE CLOSING BELL-

The DFM fell 0.7% yesterday on turnover of AED 484.3 mn. The index is down 2.4% YTD.

In the green: Sukoon Takaful (+14.7%), United Foods Company (+6.4%), and Dubai Refreshment Company (+5.1%).

In the red: Dubai National Ins. and Reinsurance (-4.8%), Commercial Bank of Dubai (-4.1%), and BHM Capital Financial Services (-3.8%).

Over on the ADX, the index fell 0.1% on turnover of AED 1 bn. Meanwhile, Nasdaq Dubai was down 0.2%.


SEPTEMBER

1-3 September (Tuesday-Thursday): Middle East Energy, Dubai World Trade Center, Dubai.

7-9 September (Monday-Wednesday): AIM Congress, Dubai World Trade Center.

7-9 September (Monday-Wednesday): International Property Show, Dubai World Trade Center, Dubai.

12-13 September (Saturday-Sunday): Emirates International Congress on AI & Visionary Leadership in Transforming Healthcare, Adnec Center Abu Dhabi.

14-17 September (Monday-Thursday): Arabian Travel Market, Dubai World Trade Center, Dubai.

15-16 September (Tuesday-Wednesday): Federal Open Market Committee (FOMC) meeting.

17-19 September (Thursday-Saturday): International Real Estate & Investment Show (IREIS), Adnec, Abu Dhabi.

29-30 September (Tuesday-Wednesday): AFCM Annual Conference, Abu Dhabi.

OCTOBER

4-10 October (Sunday-Saturday): World Space Week, Abu Dhabi.

5-7 October (Monday-Wednesday): AI Everything Global, Adnec Center, Abu Dhabi.

12-14 October (Monday-Wednesday): Airport Show, Dubai World Trade Center, Dubai.

14-15 October (Wednesday-Thursday): Sharjah Investment Forum, Jawaher Reception and Convention Center, Sharjah.

13-15 October (Tuesday-Thursday): Annual Meeting of Global Future Leaders, Dubai.

20-22 October (Tuesday-Thursday): Future Health Summit, Adnec Center Abu Dhabi.

27-28 October (Tuesday-Wednesday): Arab Competition Forum, Dubai.

27-28 October (Tuesday-Wednesday): Federal Open Market Committee (FOMC) meeting.

30 October (Friday): Large businesses achieving annual revenues equal to or above AED 50 mn must appoint an accredited service provider for e-invoicing implementation.

Signposted to happen sometime in October 2026:

  • Abu Dhabi Space Week, Abu Dhabi.

NOVEMBER

2-6 November (Monday-Friday): Dubai Future Finance Week, Dubai.

4 November (Wednesday): Digital Transformation Summit, Sofitel, Abu Dhabi.

9-10 November (Monday-Tuesday): Annual government meetings, Abu Dhabi.

9-12 November (Monday-Thursday): EMEA Council on Hotel, Restaurant and Institutional Education Conference, Dubai College of Tourism, Dubai.

10-12 November (Tuesday-Thursday): Dubai International Electric Vehicle Exhibition & Conference, Dubai World Trade Center.

16-18 November (Monday-Wednesday): World Police Summit, Dubai World Trade Center, Dubai.

18-19 November (Wednesday-Thursday): Touchdown Middle East 2026, Conrad Abu Dhabi Etihad Towers, Abu Dhabi.

25-26 November (Saturday-Sunday): Doers Summit, Dubai Silicon Oasis, Dubai.

DECEMBER

2-4 December (Wednesday-Friday): UN Water Conference, UAE.

4-6 December (Friday-Sunday): Formula 1 Abu Dhabi Grand Prix, Abu Dhabi.

8-9 December (Tuesday-Wednesday): Capital Market Summit, Madinat Jumeirah, Dubai.

8-9 December (Tuesday-Wednesday): Federal Open Market Committee (FOMC) meeting.

7-10 December (Monday-Thursday): Abu Dhabi Finance Week, Al Maryah Island, Abu Dhabi.

8-10 December (Tuesday-Thursday): Abu Dhabi Water & Power Week, Adnec Center, Abu Dhabi.

Signposted to happen sometime in 2027:

  • 1 January: Deadline for large businesses to implement e-invoicing;
  • 1Q 2027: Completion of the first phase of Hassyan seawater desalination project;
  • 1-3 February (Monday-Wednesday): World Governments Summit;
  • 31 March: Small businesses with annual revenues of less than AED 50 mn are obliged to contract with an accredited service provider for e-invoicing implementation;
  • 31 March: Government entities are required to appoint an accredited service provider for e-invoicing implementation;
  • 21-22 April (Wednesday-Thursday): Token2049, Dubai;
  • 1 July: Deadline for small businesses to implement e-invoicing;
  • 1 October: Deadline for governments to implement e-invoicing;
  • 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 in 2028:

Signposted to happen sometime in 2029:

  • Sibos 2029 organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), Dubai;
  • Annual Meetings of the World Bank Group and the International Monetary Fund, Abu Dhabi;
  • The commissioning of the seventh phase of Mohammed bin Rashid Al Maktoum Solar Park.
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