Phoenix Group is acquiring 25% of Lyvely

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WHAT WE’RE TRACKING TODAY

Phoenix Group is acquiring 25% of Lyvely. PLUS: It’s almost 2024. Here’s how to look at the year that was

Good morning, wonderful people. That’s the last time we’ll be saying that this year, as we prepare to take a long New Year’s weekend. We’ll be off from tomorrow and will be back in your inboxes on Tuesday, 3 January at the usual time.

REMEMBER- Everyone’s off for the new year. Private sector employees, federal government entities, and the ADX and DFM will all be off on 1 January and will resume operations next Tuesday, 2 January.

THE BIG STORY here at home is that we’re ending the year with an M&A, with recently-listed crypto player Phoenix Group acquiring a 25% stake in content monetization platform Lyvely.

** You’re reading Zero Issue #21 of EnterpriseAM UAE.

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IN MEMORIAM-

Deputy ruler of Umm Al Quwain Sheikh Abdullah Bin Rashid AlMuallapassed away yesterday at the age of 52, Wam reported yesterday.

POLICY-

Dubai’s Media Council has approved a new media strategy encompassing 21 projects, including developing e-games, reports Wam. The new strategy will “boost its creative capabilities and expand private sector partnerships,” the Dubai Media Office said on X. The move also aims to “[double] media sector’s contribution to Dubai’s GDP and [attract] more foreign direct investment,” the statement said.

Sharjah’s government has made some changes to the health ins. package for its government employees in 2024 at a meeting yesterday, reports Wam. The council amended the policy with new benefits and raised welfare ceilings, though Wam did not disclose how much it was raised. The ins. covers over 116k government employees and their family members.

Next on the agenda: Council members are drafting a general budget for Sharjah government departments, which will be submitted to the Sharjah Consultative Council for completion.

PUBLIC SERVICE ANNOUNCEMENTS-

The Emirates Road in Dubai has been fully reopened in both directions between Expo Road and Al Fayah Truck Road after it was temporarily closed due to flooding, the Road and Transport Authority said on X.

Abu Dhabi reins-in winter food truck craze: The municipality said on X that it will not issue or renew any food truck permits until further notice. The suspension only applies to “unserved areas” — meaning that if you run a mobile food cart in Khalifa City, Al Hudayriat, Al Shamkha, Al Khtam, or at Adnoc stations, you can pretend you never read this.

WATCH THIS SPACE-

#1- The Human Resources and Emiratisation Ministry aims to hire 1k Emiratis per year in the private education sector starting 2024 under its new teaching specialists program, it said in a statement. It plans to hire 1k teachers every year until 2028. The initiative will focus on providing training and curated courses in Arabic and Islamic and social studies as well as kindergarten, primary school, and special education teacher-training for Emiratis registered on Nafis. It targets Emiratis with bachelor’s degrees in education for the teaching posts, and high school graduates for admin roles.

Nafis inked MoUs with five universities to help develop the program, namely the Higher Colleges of Technology, United Arab Emirates University, University of Sharjah, Sharjah Education Academy, and Emirates College for Advanced Education.

#2- Own a family business? Get in touch with the Dubai Centre for Family Businesses’ about its three new toolkits for family-owned businesses. The toolkits focus on continuity, sustainability, and competitiveness, Wam reports.The toolkits were developed in order to “provide a reference point for families on topics related to governance and succession planning protocols,” according to a statement.

About the center: The Dubai Centre for Family Businesses was launched under the umbrella of Dubai Chambers in May 2023. Its role is to ensure the growth and long-term sustainability of family businesses in Dubai.

SOUND SMART- Family-owned businesses account for 90% of all private-sector activity in Dubai. Plenty of them date back 55-70 years, making generational transition a big them of the coming decade or more.

THE BIG STORY ABROAD-

The news flow has slightly picked up this morning as the Christmas news slump ends:

#1- US strikes Iraq: The US military has launched strikes on three Iraqi facilities that the US said were being used by Hezbollah and affiliated groups. The strikes came in response to a series of attacks against US personnel in Iraq and Syria which it said were carried out by Iranian-backed militias. (Bloomberg | Reuters | BBC | CNN)

#2- US extends tariff exemptions on Chinese products: The US has extended tariff exemptions for hundreds of Chinese products — including pumps, electric motors, car parts, bicycles, and vacuum cleaners — and 77 Covid-related products — like face masks and hand sanitizing wipes — due to expire on 31 December to 31 May. The tariffs were originally imposed by former US President Donald Trump’s administration in 2018 after an investigation found China guilty of unfair trade practices. (Reuters)

MARKET WATCH-

UAE bourses had a busy Monday: UAE stock exchanges recorded over AED 1 bn in market liquidity on Monday, Wam reports. The robust activity came on the back of investors trading in over 207.5 mn shares across over 11.7k transactions. Trading action on the ADX generated AED 885.8 mn in cashflows, while the DFM gained AED 115.2 mn.

Top gainers: The strong trading activity was led by International Holding Company (IHC) on the ADX and Dubai Electricity and Water Authority (Dewa) on the DFM, according to Wam. IHC logged transactions worth AED 214.1 mn. Dewa led trading activity on the DFM, recording AED 24.5 mn in transactions.

CIRCLE YOUR CALENDAR-

Sharjah Youth kicked off Rubu’ Qarn Season for Literature and Arts, showcasing Sharjah youth’s creative and artistic work, on Sunday, Wam reports. Sharjah Youth began the fourth season of the event with seven film screenings on Sunday evening in Flagpole Square on Khorfakkan Beach. The event will run until Friday.

This weekend: The year rounds off in style for pop fans, with Sean Paul and TI playing Dubai’s Coca Cola Arena on Saturday, 30 December. Saturday will also see X Factor India star Jubin Nautiyal perform at the DutyFree Tennis Stadium.

Madinat Jumeirah’s Festive Market runs throughout the holiday season, with a host of parties across Dubai, Abu Dhabi, and the rest of the country on 31 December. Abu Dhabi is even planning a world record-breaking 40 minute firework display.

Arab Women Sports Tournament registration deadline extended: The deadline to register for the Arab Women Sports Tournament (AWST) — scheduled to take place in Sharjah between 2-12 February 2 to 12 — has been extended to 31 December due to high demand, Gulf News writes. The tournament includes volleyball, table tennis, basketball, shooting, archery, fencing, athletics, and karate.

A martial arts showdown will kick off the new year at the Abu Dhabi Extreme Championship 2 (ADXC 2) on 19 January at Mubadala Arena. The main event will be a jiu-jitsu clash between UFC champions Aljamain Sterling and Chase Hooper, with two co-main events and ten additional duels also on the bill.

The first Dubai Challenge Cup football tournament will be taking place between 26-28 January, according to the Dubai Media Office. Saudi Club Al Ahli will play China’s Wuhan Three Towns, while Egypt’s Zamalek SC will play Morocco’s Raja Club Athletic, before the final is played on the final day, along with a third position match.

The Sharjah Entrepreneurship Festival (SEF) is taking place on 3-4 February, featuring 150+ experts in nine sectors, including technology, creative economy, and sustainability. The event will be attended by a host of company founders, industry leaders, investors, and small entrepreneurs, Gulf Today reports.

Check out our full calendar on the web for a comprehensive listing of upcoming news events, national holidays and news triggers.

Phoenix Group to acquire 25% of new monetization platform Lyvely

Newly listed crypto conglomerate Phoenix Group will acquire a 25% stake in UAE-based content monetization platformLyvely for an undisclosed sum, according to an ADX disclosure (pdf). Phoenix is currently running through the regulatory requirements to finalize the agreement. Phoenix announced its plan to invest in Lyvely in a press release on Saturday.

What they said: “We are proud to invest in Lyvely, a UAE homegrown platform, which represents a revolutionary fusion of Web 2 and Web 3 capabilities, poised to redefine how creators and consumers interact in the digital space,” said Phoenix Co-founder Bijan Alizadehfard.

About Lyvely: Founded this year by Farah Zafar (LinkedIn) and Dave Catudal (LinkedIn),Lyvely provides content creators with a blockchain-based integrated payment solution, with plans to develop a credit card and digital currency in 1Q 2024. The company raised an undisclosed seed round from early stage venture capital firm Cypher Capital in September.

REMEMBER- Investors welcomed Phoenix ’s ADX debut at the start of the month, with shares soaring 35% on the first day of trading. The company owns 23 businesses and nine mining facilities in the US, Canada, CIS, and the UAE, with a USD 2 bn crypto mining farm in the UAE, one of the largest in the Middle East.

Eshraq continues its share buybacks

Eshraq plows on with its buyback program: Real real estate investment company Eshraq bought 345k treasury shares last Friday on the ADX, raising its treasury share holdings to 4.76%, according to a bourse filing. A block trade on Eshraq Investments yesterday saw 87.07 mn shares (at AED 0.409 apiece) worth a total of AED 35.6 mn purchased on the ADX yesterday, Wam reports.

About the buyback program: The ADX approved the renewal of Eshraq’s buyback program on 25 October, with the extension running through until 31 December, according to a bourse filing. The current program sees Eshraq buying treasury shares to enhance its long-term shareholder value by taking advantage of the undervaluation of its shares, the company had said last month.

The buybacks come as a new leadership team and board push ahead with a turnaround strategy: Former Adnoc CFO Mohamed Al Hashimi was appointed as Eshraq’s new CEO in August, and a month later the company disclosed the departures of three board members, forming a smaller, more focused board. Eshraq then rolled out the new buyback program, mirroring the same sequence of events we saw back in 2016 with a board shuffle.

The pitch to investors: The company is making a play to become a diversified multi-asset investment house. It has a new leadership team, a new board, it’s monetizing its land bank, diversifying into to add asset classes outside real estate, and running a buyback to show confidence in its own strategy.

What it’s done so far: It has rebranded as Eshraq Investments and acquired Goldilocks Investment Co. in summer 2022. The board then announced a strategic change in September, making “Goldilocks … the company’s core asset, and the composition of the assets is expected to lead to greater stability, improved returns and reduced mark-to-market volatility.”

The company has been selling non-core assets to free up capital, deleveraging its balance sheet (it’s cut total liabilities by 34% year-to-date) and trimming its net loss to AED 83 mn in 3Q 2023 from 474 mn in the same period last year. It sold land plots in Abu Dhabi’s Reem Island and Dubai’s JVC earlier this year and has also exited 58 units of Burj Daman and the Nuran Marina Hotel in Dubai, generating a bit more than AED 500 mn in proceeds since late 2022.

The focus on the real estate side of the house: Working on non-income-generating assets and pursuing new, profitable investments, it says.

The Goldilocks unit, meanwhile, is deploying capital across a range of asset classes. About 51% of its portfolio is in publicly traded assets, with 46% in private equity, and 3% invested in debt instruments. Its 19 investments include Dana Gas (the region’s largest non-state-owned natural gas player), Salama (a top-five UAE insurance provider), Stanford Mariane, and Allianz Marine. Shipping, financial services, and energy make up more than 80% of its portfolio.

Go deeper: Check out Eshraq’s 3Q 2023 earnings release (pdf). The company outlines its turnaround strategy in this management presentation (pdf).

How to think about risk and business in 2024

Two wars, a handful of “civil disturbances,” 50 elections, and rich-world bias: Here’s how some of the smarter people in the Western press think you should be thinking about 2023:

#1- Volatility will be the theme of the year, the New York Times writes, noting that economic uncertainty and armed conflict are set to run headlong into a list of elections spanning from Taiwan and India to the US of A.

Huge things that matter to business — in the region and beyond — are at stake: Who gets elected and how much power they have will affect decisions ranging from how artificial intelligence will be regulated to “factory subsidies, tax breaks, technology transfers, the development of artificial intelligence, regulatory controls, trade barriers, investments, debt relief, and the energy transition.”

#2- Greenwashing by corporations is a sideshow in emerging markets. What really matters is that “rich countries are using the green transition as an excuse to boost their own economies at the expense of developing ones.”

It’s not an activist speaking — but the head of the UN’s top trade body. “Many trade rules forbid policies that can be used by developing countries. And the developed countries have more fiscal space to subsidize in the areas that are good for ‘quote, unquote’, the environment,” UN Conference on Trade and Development Secretary-General Rebeca Grynspan tells the Financial Times in a year-end interview.

Competition is going to be particularly fierce when it comes to job-creating (and economically important) investment in industry, where Grynspan notes that advanced economies are now trying to muscle-out the developing world to bring jobs and technology back home.

#3- It’s a year in which every business will have to come to grips with what artificial intelligence means to their business. Our friends at McKinsey think that 75% of the total business “use case” for AI will fall into just four buckets: Customer service and operations, marketing and sales, software engineering, and research and development.

And adoption has so far been slow: Younger people are playing with it, sorting out its strengths (cutting through deep stores of data) and weaknesses (so. much. hallucination). But only a third of managers around the world tell McKinsey they’re using generative AI for work. Nearly 70% have either tried it and decided not to use it — or have never touched it at all.

Your best starting points for AI: There are far more questions than answers. Folks with more exposure will want to look at Benedict Evans’ annual look ahead, which this year focuses almost entirely on gen AI. Newbies can start with the Economist.

Mandatory ins. coverage for organ donation and transplants to soon be the law of the land

Healthcare watchdogs want ins. firms to offer more comprehensive coverage for organ donors: A draft law is in the works to require ins. companies to provide more comprehensive coverage of organ donation and organ transplants, UAE National Transplant Committee Chairman Ali Al Obaidi told Gulf News. The amendments to the organ transplant law will also call on them to form strategic partnerships with the Health Ministry’s Hayat program, the national program for organ and tissue donation and transplantation.

Only partial coverage is currently available: Transplant surgeries often fall outside the umbrella of health ins. coverage because of how expensive they can be. When ins. companies do offer coverage, it typically focuses on the recipient’s surgery costs, often leaving the donor without coverage and excluding post-transplant care for both parties.

What they said: “Earlier, the law was not clear about the role of ins. in organ donation and transplantation, but now it is clear,” said Ali Al Obaidi. “We know that health ins. support is also part of the new [draft] law and it is mandatory for everybody [ins. companies to comply].”

What’s next? The Dubai Health Authority will work with the National Transplant Committee to mandate the law in Dubai, CEO of the health regulation sector at the Dubai Health Authority (DHA) Marwan Al Mulla told the news outlet.

About the Hayat Program: The nation-wide campaign was launched by the Health Ministry in 2017 to regulate the organ donation process and provide care for organ deficient patients.

Abu Dhabi’s suspension of food truck permits made it onto UAE X

This morning on UAE X: #Christmas and #Happy Holidays remained at the top of Emirati Twitter. #الطعام المتنقله (mobile food) was also making the rounds, following Abu Dhabi Municipality’s suspension of food truck permits (see What We’re Tracking Today, above).

Is it really UAE X without football? The Premier League caught people’s attention again, with #نيوكاسل and #كريس وود (Chris Wood, Nottingham Forest forward) trending after yesterday’s match between Newcastle vs Nottingham Forest.

Dubai Insurance is strong + Qashio with Emirates Skywards

INS.-

Rating agency Fitch gave Dubai Ins. its first Insurer Financial Strength (IFS) “A” rating with a stable outlook, indicating ‘strong’ IFS, according to a press release. Fitch backed its score with nods to Dubai Ins.’ “extremely strong” capitalization in 2022 (with a ratio of 180%), “very strong” profitability surpassing AED 78 mn in 2022, “consistently strong” return on equity (with a five-year average of 12.3%), and a “strong reinsurance panel.” Fitch also lauded the firm’sgross written premiums in 2022, which totaled AED 1.5 bn, marking it the fourth-largest publicly listed insurer in the country.

FINTECH-

Customers of fintech company Qashio can now convert Qashio points into skyward miles after the company signed an agreement with Emirates Skywards, according to a press release. Qashio points can be earned by using Qashio business expense cards for business-related purchases and transactions, which will automatically be converted to skyward miles if you already have an Emirates Skywards account.

ENERGY-

Empower to collaborate with Ashrae on district cooling: Emirates Central Cooling Systems Corporation (Empower) has partnered with the American Society of Heating, Refrigerating and Air-Conditioning Engineers (Ashrae) to develop strategies and action plans to improve energy efficiency within the district cooling industry, Empower said in a press release (pdf). The two companies are set to officially ink the partnership and finalize their joint District Cooling Guide in a second meeting during the Ashrae annual conference, held between 20-24 January 2024.

TRANSPORT-

Dubai’s RTA + UN ❤️ data-driven transport transformation: Dubai’s Road and Transport Authority (RTA) is teaming up with the UN Committee of Experts on Big Data and Data Science to enhance its data collection efforts, reports Wam. The RTA will split into nine teams to address data-gathering challenges and serve as an active member of the UN Committee to explore using consumer mobile phone data for transportation statistics.

ENVIRONMENT-

Abu Dhabi’s Environment Agency completed its first atmospheric research expedition, cruising through the waters of 25 countries on a state-of-the art ship named Jaywun, a 10k km journey from Spain to Abu Dhabi, Wam reports. The study investigated the airborne movement of hydrocarbons and nitrogen oxides, exploring how pollution in the Arabian Gulf travels to other regions and influences ozone formation in the UAE. The results of the study will be available in 2024.

KPMG MESAC reports FY 2023 earnings

Big Four MENA division KPMG Middle East, South Asia, and Caspian (MESAC) posted a 22.4% y-o-y increase in its annual revenues in 2023, Zawya reports. The firm’s performance was backed up by the regional division posting double-digit growth across audit, tax and advisory services. MESAC Advisory services performed the best of all, with revenues surging over 30% y-o-y, according to a KPMG earnings release. KPMG firms posted an overall global revenue of USD 36 bn for FY23, an 8% increase on FY22.

MEANWHILE- Traders are shrugging off the turkey doldrums, but don’t expect a lot of wild action on exchanges in the final trading days of 2023.

The S&P 500 is nearing an all-time high: S&P 500 rose 0.4% during yesterday’s trading, closing about 0.5% away from its all-time high as expectations of the US Federal Reserve moving forward with rate cuts in 2024 keep market sentiment high, Bloomberg wrote.

The Nikkei and shares in Australia are up in early trading this morning, Shanghai is flat, and Hong Kong is shaking off a two-day holiday. Aussie shares are at a two-year high, CNBC. Shares in Europe look set to open in the green later this morning, while Wall Street could dip into the red at the opening bell.

ADX	9,517	+0.3% (YTD: -6.8%)
DFM	4,029	+0.3 (YTD: +20.8%)
Nasdaq Dubai UAE20	3,783	+0.5% (YTD: -5.7%)
USD : AED CBUAE	Buy 3.67	Sell 3.67
EIBOR	5.2% o/n	5.4% 1 yr
TASI	11,873	+0.5% (YTD: +13.3%)
EGX30	23,995	-1.0% (YTD: +64.4%)
S&P 500	4,775	+0.4% (YTD: +24.4%)
FTSE 100	7,698	0.0% (YTD: +3.3%)
Euro Stoxx 50	4,521	-0.1% (YTD: +19.2%)
Brent crude	USD 81.07	+2.5%
Natural gas (Nymex)	USD 2.55	-2.3%
Gold	USD 2,079	0.0%
BTC	USD 42,482	-2.7% (YTD: +156.9%)

THE CLOSING BELL-

The ADX rose 0.3% yesterday on turnover of AED 2.16 bn. The index is down 6.8% YTD.

In the green: Emirates Stallions Group (+15.0%), National Marine Dredging (+14.7%) and Sudatel Telecommunication Group (+4.5%).

In the red: Ooredoo (-7.4%), Gulf Cement (-5.4%) and Chimera S&P Turkey (-4.8%).

The DFM rose% 0.3% yesterday on turnover of AED 138.08 mn. The index is up 20.8% YTD.

Abu Dhabi and Tokyo will partner in city planning

Abu Dhabi + Tokyo shake hands to improve cities: The Department of Municipalities and Transport in Abu Dhabi (DMT) inked an agreement on Tuesday with the Tokyo Metropolitan Government to facilitate collaboration in key urban development projects, reports the Abu Dhabi Media Office. The authorities will swap expertise and explore partnerships in city planning, digitalization, and sustainability as part of the agreement.

DEWA + Thailand: Dubai Electricity and Water Authority (DEWA) CEO Saeed Mohammed Al Tayer is in discussions with Thailand’s Consul-General in Dubai and the Northern Emirates, Nipa Nirannoot, to explore cooperation between Thai enterprises in the clean and renewable energy sector and DEWA, Wam reports.

CALENDAR

DECEMBER

8-31 December: Abu Dhabi MOTN Entertainment Festival

31 December (Sunday): RAK NYE Festival, Al Marjan Island.

2024

JANUARY

1 January (Monday): New years day, national holiday.

8-11 January (Monday-Thursday): SteelFab 2024, Sharjah Expo Centre

9-11 January (Tuesday-Thursday): Dubai International Pharmaceuticals and Technologies Conference and Exhibition, Dubai World Trade Centre.

9-11 January (Tuesday-Thursday): Gulf Print and Pack, Dubai World Trade Centre.

19 January (Friday): The Abu Dhabi Extreme Championship 2 (ADXC 2), Mubadala Arena. UFC champions Aljamain Sterling and Chase Hooper will be in the ring.

21-23 January: World of Coffee Dubai, Dubai World Trade Centre.

26-28 January: Dubai Challenge Cup

29 January- 1 February: Arab Health, Dubai World Trade Centre.

FEBRUARY

12-13 February (Monday-Tuesday): Breakbulk Middle East conference, Dubai Trade Centre.

12-14 February (Monday-Wednesday): Sustainable Aviation Futures MENA Congress, Hotel Dubai Mall.

7-8 February (Wednesday-Thursday): Sharjah Investment Forum, Al Jawaher Reception and Convention Centre.

26-28 February (Monday-Wednesday): Management and Sustainability of Water Resources, Marriott Hotel Al Jaddaf.

27-28 February (Tuesday-Wednesday): Dubai Association Centre Conference, Dubai World Trade Centre.

28-29 February (Wednesday-Thursday): Ras Al Khaimah Investment and Trade Summit, Rak Exhibition Centre.

28-29 February (Wednesday-Thursday): UAE delegation attends ‘Invest in Austria’ conference, Vienna.

28 February-1 March (Wednesday-Friday): MENA Transport Congress and Exhibition 2024, Dubai.

Signposted to happen sometime in February:

World Trade Organization Ministerial Conference, Abu Dhabi, UAE.

MARCH

5-6 March (Tuesday-Wednesday): MRO Middle East, Dubai Trade Centre.

5-7 March (Tuesday-Thursday): World Police Summit, Dubai World Trade Centre.

5-8 March (Tuesday-Friday): Forbes’ Third Annual 30/50 Summit In Abu Dhabi During International Women’s Day

12 March (Tuesday): Start of Ramadan, public holiday.

APRIL

11 April (Thursday): End of Ramadan, public holiday.

12 April (Friday): Eid Al-Fitr, public holiday.

16-18 April (Tuesday-Thursday): World Future Energy Summit, Abu Dhabi National Exhibition Centre.

16-18 April (Tuesday-Thursday): Middle East Coatings Show, Dubai World Trade Centre.

23-25 April (Tuesday-Thursday): Connecting Green Hydrogen MENA, Madinat Jumeirah Conference Centre.

MAY

8-9 May (Wednesday-Thursday): Innovative Finance Expo, Jumeirah Emirates Towers.

14-15 May (Tuesday-Wednesday): Seamless Middle East, Dubai World Trade Centre.

JUNE

4-6 June (Tuesday-Thursday): The Hotel Show, Dubai World Trade Centre.

4-6 June (Tuesday-Thursday): INDEX, Dubai World Trade Centre.

4-6 June (Tuesday-Thursday): WORKSPACE, Dubai World Trade Centre.

4-6 June (Tuesday-Thursday): Leisure Show, Dubai World Trade Centre.

15 June (Saturday): Arafat day, national holiday.

16-18 June (Sunday-Tuesday): Eid Al-Adha, national holiday.

JULY

7 July (Sunday): Islamic new year, national holiday.

SEPTEMBER

9-11 September (Monday-Wednesday): World Utilities Congress, Abu Dhabi.

OCTOBER

30-1 November (Wednesday-Friday): World Cities Cultural Summit, Dubai.

NOVEMBER

11-14 November (Monday-Thursday): ADIPEC, Abu Dhabi.

11-14 November (Monday-Thursday): ADIPEC Maritime and Logistics Exhibition and Conference, Abu Dhabi.

11-14 November (Monday-Thursday): ADIPEC Decarbonisation Accelerator, Abu Dhabi.

DECEMBER

2-3 December (Monday-Tuesday): National Day, public holiday.

10-12 December (Tuesday-Thursday): Middle East Business Aviation, Dubai World Central.

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Phoenix Group is acquiring 25% of Lyvely

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Phoenix Group is acquiring 25% of Lyvely. PLUS: It’s almost 2024. Here’s how to look at the year that was

Related

Phoenix Group to acquire 25% of new monetization platform Lyvely

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How to think about risk and business in 2024

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Dubai Insurance is strong + Qashio with Emirates Skywards

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