{"id":100279,"date":"2025-02-03T00:00:00","date_gmt":"2025-02-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=100279"},"modified":"2025-12-15T02:45:06","modified_gmt":"2025-12-15T02:45:06","slug":"al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/","title":{"rendered":"Al Habtoor mulls IPO for hospitality unit + Adnoc, OMV eye acquisition of Nova Chemicals"},"content":{"rendered":"<section id=\"100281\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100281\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/this-morning-fuel-prices-up-in-february-inflation-allowance-program-renewed-for-another-year\/\">\r\n                            THIS MORNING: Fuel prices up in February + Inflation allowance program renewed for another year                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/this-morning-fuel-prices-up-in-february-inflation-allowance-program-renewed-for-another-year\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/this-morning-fuel-prices-up-in-february-inflation-allowance-program-renewed-for-another-year\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/this-morning-fuel-prices-up-in-february-inflation-allowance-program-renewed-for-another-year\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=THIS MORNING: Fuel prices up in February + Inflation allowance program renewed for another year&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/this-morning-fuel-prices-up-in-february-inflation-allowance-program-renewed-for-another-year\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/this-morning-fuel-prices-up-in-february-inflation-allowance-program-renewed-for-another-year\/&title=THIS MORNING: Fuel prices up in February + Inflation allowance program renewed for another year\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=THIS+MORNING%3A+Fuel+prices+up+in+February+%2B+Inflation+allowance+program+renewed+for+another+year+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fthis-morning-fuel-prices-up-in-february-inflation-allowance-program-renewed-for-another-year%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/this-morning-fuel-prices-up-in-february-inflation-allowance-program-renewed-for-another-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/434.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100282\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/this-morning-fuel-prices-up-in-february-inflation-allowance-program-renewed-for-another-year\/434-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/434.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"434.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/434.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/434.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100281\" class=\"content-area-description single-story post-100281 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-business tag-dubai tag-economy tag-energy tag-enterpriseam-uae tag-inflation tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.9224df74-9358-42a0-999d-3547dd6874a2.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, lovely people,<\/strong> and welcome to the start of a new month. We\u2019re kicking off February with a busier-than-usual Monday issue, with another big potential IPO on the cards and plenty of investment news for you to dig your teeth into. Let\u2019s dive in. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- Expect a mostly sunny day today in both the capital and Dubai<\/strong>, with the mercury reaching 24\u00b0C in Dubai, with an overnight low of 19\u00b0C, and temperatures hitting a cooler 21\u00b0C in Abu Dhabi, with an overnight low of 16\u00b0C. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a>  <strong>The Community Empowerment Ministry has <\/strong><strong>extended its Inflation Allowance Program for another year<\/strong>, allocating a budget of AED 3.5 bn for 2025, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/ar\/article\/bhy80xu-%D8%AA%D9%85%D9%83%D9%8A%D9%86-%D8%A7%D9%84%D9%85%D8%AC%D8%AA%D9%85%D8%B9-%D8%AA%D9%85%D8%AF%D8%AF-%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D8%B9%D9%84%D8%A7%D9%88%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D8%B6%D8%AE%D9%85-%D9%84%D8%B3%D9%86%D8%A9-2025\" style=\"\" rel=\"noopener\">Wam<\/a> quotes Community Empowerment Minister Shamma bint Suhail Al Mazrui as saying. The program \u2014 which was launched in 2022 \u2014 aims at mitigating the impact of global inflation on Emirati families, providing temporary support disbursed on a monthly basis, to help citizens cope with rising living costs, the news agency stated. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ministry will also conduct a study to re-evaluate the program\u2019s social and ec<\/strong><strong>onomic impact <\/strong>and its eligibility criteria by looking into different economic variables, household income, and expenditure levels, Al Mazrui said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember:<\/strong> The Central Bank of the UAE (CBUAE) recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bea04561-e5ff-4c66-9900-456002e90887\/%253cmark%253ecbuae%253c%2Fmark%253e-maintains-2024-growth-forecast,-dials-back-2025-growth-expectations-on-extension-of-oil-supply-cuts\" style=\"\" rel=\"noopener\">lowered<\/a> its inflation forecast for 2024 to 1.8%, down from previous projections of 2.2% in September. The bank expects inflation to come in at 2% in 2025, which comes in line with the International Monetary Fund\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/24f48f21-5d4d-4239-8a52-b17469802ca3\/imf-revises-uae%25e2%2580%2599s-gdp-growth-forecast-down-to-4%2525\" style=\"\" rel=\"noopener\">projection<\/a> for this year.<\/p>\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#1- <\/strong><strong>You\u2019ll be paying<\/strong><strong> more at the pump this month: <\/strong>The Fuel Price Committee raised February fuel prices from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/103e6026-be48-49da-a6ab-85d58b9c4cf7\/this-morning:-space42-launches-thuraya-4-satellite-%2B-new-perks-for-dubai-newlyweds-and-mothers\" style=\"\" rel=\"noopener\">January's rates<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/EmaratOfficial\/status\/1885306312915034543\" style=\"\" rel=\"noopener\">statement on X<\/a>. This comes after two months of petrol price stability following January\u2019s freeze at <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/585d8d94-ac28-4261-90ad-670199174838\/covestro%25e2%2580%2599s-shareholders-greenlight-adnoc%25e2%2580%2599s-takeover-%2B-fuel-prices-at-their-lowest-this-year-in-december\" style=\"\" rel=\"noopener\">December\u2019s rates<\/a> \u2014 the lowest recorded in 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown per liter:<\/strong><\/p>\n<ul>\n<li>Super 98 is now AED 2.74, up from AED 2.61;<\/li>\n<li>Special 95 is AED 2.63, up from AED 2.50;<\/li>\n<li>E-Plus 91 costs AED 2.55, up from AED 2.43;<\/li>\n<li>Diesel is now AED 2.82, up from AED 2.68 last month.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- A section of Sheikh Khalifa Bin Zayed Street - Al Ain will be closed until 1 March<\/strong>, Abu Dhabi Mobility said <a target=\"_blank\" href=\"https:\/\/x.com\/ad_mobility\/status\/1885309261783159061?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1885309344469696778%7Ctwgr%5Ea3fc99acc9930eb405a741015dfddf9c7c53fdf2%7Ctwcon%5Es2_&amp;ref_url=https%3A%2F%2Fgulfnews.com%2Fuae%2Ftransport%2Fthis-abu-dhabi-road-will-be-closed-till-march-1-1.500027262\" style=\"\" rel=\"noopener\">on X<\/a>. Traffic will be rerouted to a temporary road for the duration of the closure. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#3- New rules for ins. brokerages go into effect: <\/strong>UAE ins. customers must pay insurers directly rather than using brokers starting 15 February, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/business\/new-uae-insurance-rules-direct-payments-claim-payouts-start-february-15\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports citing new regulations from the Central Bank of the UAE. The new regulations also require ins. providers to pay broker commissions within 10 days of each transaction, and require brokers and overseas broker branches to maintain minimum capital in addition to a bank guarantee. Plus: brokers are now prohibited from entering into any financial arrangements with non-ins.-related entities. <\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Dubai <\/strong><strong>International Chamber attracted 207 companies to the emirate in 2024<\/strong>, a 56% y-o-y growth in registrations compared to 2023, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/february\/02-02\/dubai-international-chamber-attracts-51-multinational-companies-to-dubai-during-2024\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The companies include 51 multinationals and 156 SMEs. Meanwhile, the chamber supported the expansion of 114 local companies into new markets last year, a 48% y-o-y increase compared to 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>UAQ <\/strong><strong>Chamber\u2019s <\/strong><strong>exports surge in 2024: <\/strong>The Umm Al Qaiwain Chamber of Commerce and Industry reported a 399% increase in the value of its members\u2019 exports and re-exports in 2024, reaching AED 15.1 bn, the chamber said in a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/ummalquwainchamber\/posts\/pfbid036kbQU9g5qzKbZ9huYMd64a4coVgKrAtp1fFkPP81A2inmekUnFZnoGXdkGT9Wb6jl\" style=\"\" rel=\"noopener\">statement<\/a>. Main exports included food products, insulation materials, paper, and chemicals, with Saudi Arabia, the US, Qatar, Kuwait, and Iraq as the top destinations, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bi00j0p-uaq-chamber%E2%80%99s-exports-surpass-aed151-billion-2024\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The emirate issued 29.1k certificates of origin last year. Exports are expected to surpass AED 25 bn in 2025.. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Dubai <\/strong><strong>public transport<\/strong><strong> ridership hits <\/strong><strong>747.1 mn<\/strong><strong> in 2024: <\/strong>Dubai\u2019s public transport and shared mobility services saw some 747.1 mn riders in 2024, a 6.4% increase from the previous year, according to <a target=\"_blank\" href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/747-million-riders-used-public-transport-shared-mobility-and-taxis-in-2024\" style=\"\" rel=\"noopener\">Roads &amp; Transport Authority data<\/a>. Dubai Metro led with 37% of total ridership, taxis accounted for 27%, and public buses for 25%. The total number of trips reached 153 mn, 115 mn of which were taxis. November saw the highest ridership, hitting 69.9 mn. Shared mobility services saw a 28% y-o-y growth, transporting some 56 mn riders.<\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The UAE-Kuwait Week kicked off today and will wrap up tomorrow <\/strong>in Dubai, featuring investment conferences, panel discussions on economic development, and B2B meetings. Attendees will explore opportunities for collaboration in emerging industries, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bhunn2g-uae-kuwait-week-launch-dubai-february\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The Mubadala Abu Dhabi Open kicked off over the weekend with the qualifiers at <\/strong><strong>Zayed Sports City,<\/strong> with the round of 32 now underway. What to watch out for today: Seventeen-year-old Wakana Sonobe is set to face China\u2019s Yue Yuan at 1pm, while the UK\u2019s Sonay Kartal is set to face Katie Volanets after defeating Japan\u2019s Moyuka Uchijima. Plus: The US\u2019 McCartney Kessler faces Ashlyn Krueger at 2:10pm, Caroline Garcia faces Lulu Sun at 5pm, and Polina Kudermetova faces Liudmila Samsonova at 6:10pm. You can still buy tickets for the <a target=\"_blank\" href=\"https:\/\/www.mubadalaabudhabiopen.com\/tickets\/\" style=\"\" rel=\"noopener\">tournament<\/a>, which ends on 8 February, here. <\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump\u2019s sweeping tariffs are still dominating the international press this morning,<\/strong> with the US facing retaliation from targeted countries and backlash from the global business community.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Canada retorted with a first round of 25% tariffs <\/strong>on some USD 107 bn imports, including USD 20 bn worth of goods that will be impacted starting Tuesday. Canada plans to implement the duties on the remaining USD 86 bn worth of products \u2014 from passenger vehicles and steel to vegetables and dairy \u2014 in 21 days. Mexico also retaliated with 25% tariffs, without specifying which US goods will be targeted. Meanwhile, China plans to challenge the tariffs at the World Trade Organization, vowing to take unspecified \u201ccountermeasures.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EU <\/strong><strong>to enter<\/strong><strong> the trade war soon? <\/strong>The EU also responded to Trump\u2019s statements that the US\u2019 largest trading partner is \u201cabsolutely\u201d going to face tariffs \u201cpretty soon,\u201d saying that the bloc \u201cwould respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods.\u201d (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/71f21eec-1687-4336-91c7-10ad7056b0da\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/2025\/feb\/02\/trump-tariffs-mexico-canada-china-retaliation\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/mexican-president-orders-retaliatory-tariffs-against-us-2025-02-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-03\/trump-says-tariffs-will-definitely-happen-with-european-union\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- More drama is unfolding over the Panama Canal:<\/strong> US Secretary of State Marco Rubio demanded that Panama must curb China\u2019s influence over the global shipping route or \u201cface immediate consequences\u201d in a conversation with Panamanian President Jos\u00e9 Ra\u00fal Mulino yesterday. Trump, in earlier statements, called the canal fees \u201ca complete rip-off\u201d and called for making the canal American again. (<a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/rubio-panama-canal-costa-rica-el-salvador-guatemala-dominican-republic-a3b634caaf3f4ea0afc33b18f9a2d436\" style=\"\" rel=\"noopener\">Associated Press<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b34809e3-3f59-4b05-9caf-27e2f781e7b8\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c39149p920no\" style=\"\" rel=\"noopener\">BBC<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq.&nbsp;<a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" rel=\"noopener\">Tap or click here<\/a><span style=\"background-color: transparent;\"> to get your own copy of EnterpriseAM UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/erra-organises-the-first-international-reprographic-rights-conference-in-the-uae-oisa2xw4\" style=\"\" rel=\"noopener\">The International Conference on Reprographic Rights Management<\/a><\/strong><strong> will take place <\/strong><strong>between 19-20 February <\/strong>in Sharjah. The event will feature panel discussions on creative rights and their collective management, as well as the impact of artificial intelligence and technology on creative works.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/dubai.worldofcoffee.org\/newfront\" style=\"\" rel=\"noopener\">World of Coffee Dubai 2025<\/a><\/strong><strong> will take place from 10-12 February <\/strong>at Dubai World Trade Center. The global coffee trade event will bring together over 300 exhibitors, coffee professionals, producers, and enthusiasts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/maltcongress.com\/\" style=\"\" rel=\"noopener\">Meetings Arabia &amp; Luxury Travel (MALT) Congress 2025<\/a><\/strong><strong> is scheduled for 19-20 <\/strong><strong>February <\/strong>at the Abu Dhabi Convention and Exhibition Bureau, connecting buyers and suppliers to discuss the future of incentive travel, corporate events, and high-end hospitality.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.boatshowdubai.com\/\" style=\"\" rel=\"noopener\">Dubai International Boat Show<\/a><\/strong><strong> 2025 will run from 19-23 February <\/strong>at Dubai Harbour, featuring luxury yachts, superyachts, and marine innovations. It will bring together global industry leaders and water sports enthusiasts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/affiliateworldconferences.com\/dubai?utm_source=google&amp;utm_medium=brand&amp;utm_term=affiliate%20world%20dubai%202025&amp;gad_source=1&amp;gclid=CjwKCAiAzPy8BhBoEiwAbnM9O8mNfGFbW2V_EfDxeyByEd9ifmlmNus2frxAH3R1Udm8amMpXwqWyhoCC50QAvD_BwE\" style=\"\" rel=\"noopener\">Affiliate World Dubai<\/a><\/strong><strong> 2025 will take place on<\/strong> <strong>26-27 February<\/strong> at Dubai World Trade Center. It will gather experts in affiliate marketing, e-commerce, and digital advertising for two days of networking.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/business\/\">business<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/economy\/\">Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100283\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n    <div class=\"issue-sponsor-slides-div\">\r\n        \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43010.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/20607.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43009.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/hap.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/117160.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>From OUR FAMILY to YOURS<\/span>\r\n                <\/div>\r\n            <\/div>\r\n                <\/div>\r\n    <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100284\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100284\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">IPO WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/al-habtoor-group-mulls-an-ipo-for-its-subsidiary-habtoor-hospitality\/\">\r\n                            Al Habtoor Group mulls an IPO for its subsidiary Habtoor Hospitality                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/al-habtoor-group-mulls-an-ipo-for-its-subsidiary-habtoor-hospitality\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/al-habtoor-group-mulls-an-ipo-for-its-subsidiary-habtoor-hospitality\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/al-habtoor-group-mulls-an-ipo-for-its-subsidiary-habtoor-hospitality\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Al Habtoor Group mulls an IPO for its subsidiary Habtoor Hospitality&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/al-habtoor-group-mulls-an-ipo-for-its-subsidiary-habtoor-hospitality\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/al-habtoor-group-mulls-an-ipo-for-its-subsidiary-habtoor-hospitality\/&title=Al Habtoor Group mulls an IPO for its subsidiary Habtoor Hospitality\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Al+Habtoor+Group+mulls+an+IPO+for+its+subsidiary+Habtoor+Hospitality+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fal-habtoor-group-mulls-an-ipo-for-its-subsidiary-habtoor-hospitality%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/al-habtoor-group-mulls-an-ipo-for-its-subsidiary-habtoor-hospitality\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/131.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100285\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/al-habtoor-group-mulls-an-ipo-for-its-subsidiary-habtoor-hospitality\/131-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/131.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"131.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/131.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/131.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100284\" class=\"content-area-description single-story post-100284 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-al-habtoor tag-ipo tag-ipo-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.ae0846e7-1f65-4266-8662-8b8b0ec358ef.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Al Habtoor weighs IPO of <\/strong><strong>Habtoor<\/strong><strong> Hospitality:<\/strong> Al Habtoor Group is mulling the possibility of taking hotel management arm <a target=\"_blank\" href=\"https:\/\/habtoorhospitality.com\/\" style=\"\" rel=\"noopener\">Habtoor Hospitality<\/a> public, b\u2019naire Khalaf Al Habtoor said in <a target=\"_blank\" href=\"https:\/\/x.com\/KhalafAlHabtoor\/status\/1885681539746574655\" style=\"\" rel=\"noopener\">a post on X<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Details are still scant:<\/strong><span style=\"background-color: transparent;\"> There\u2019s no information about the stake size, listing venue or timeline of the potential offering, though we suspect the listing would take place on the DFM, given that it\u2019s the typical venue for IPOs of real estate and hospitality companies with strong operations in Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But it\u2019s not the first time the b'naire mentions an IPO:<\/strong> The group initially revealed plans to IPO in 2012, but later <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2012-12-26\/al-habtoor-says-ipo-delayed-on-inadequate-investment-opportunity\" style=\"\" rel=\"noopener\">postponed<\/a> it, citing a lack of investment prospects into which it can effectively funnel proceeds. The company\u2019s IPO plans resurfaced in <a target=\"_blank\" href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/429987\" style=\"\" rel=\"noopener\">2016<\/a> and <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-11-23\/dubai-billionaire-al-habtoor-to-decide-on-ipo-by-early-next-year\" style=\"\" rel=\"noopener\">2021<\/a>, with the aim of floating a 30-35% stake in 3Q 2022, before they were put on ice again. The company was debating whether to list the entire group or list each of its units separately at the time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- It\u2019s been a good year for tourism in the UAE. <\/strong>The World Travel &amp; Tourism Council reports that the UAE received 29.2 mn international tourists in 2024 \u2014 a 15.5% increase from 2023, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15ecb4n-uae-top-global-destination-for-winter-tourism\" style=\"\" rel=\"noopener\">Wam<\/a> reports. This figure is expected to grow to 45.5 mn in 2033, according to the report. This suggests that the industry has strong growth potential that can easily attract investors to this potential IPO. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Habtoor Hospitality\u2019s offerings in Dubai include<\/strong> Hilton Dubai Al Habtoor City, Waldorf Astoria Palm Jumeirah, Metropolitan Hotel, and V Hotel by Hilton among others. The operator\u2019s international offerings include Al Habtoor Palace and InterContinental in Budapest, Hilton London Wembley, Hotel Imperial in Vienna, and President Abraham Lincoln Springfield \u2014 a DoubleTree by Hilton, among others. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"background-color: transparent;\"><b>Shares of major real estate players have outperformed in the past 12 months<\/b><\/span><strong>: <\/strong>Competitor Emaar Properties was amongst the first companies to list on DFM, with its share price closing at <a target=\"_blank\" href=\"https:\/\/www.dfm.ae\/the-exchange\/market-information\/company\/EMAAR\/trading\/daily-summary\" style=\"\" rel=\"noopener\">AED 13.50 apiece on Friday\u2019s close<\/a>, up from AED 7.4 apiece on 31 January 2024. The company listed a 55% stake in 2000. Meanwhile, ADX-listed Aldar Properties\u2019 share price closed <a target=\"_blank\" href=\"https:\/\/www.adx.ae\/main-market\/company-profile\/Overview?symbols=ALDAR&amp;secCode=ALDAR\" style=\"\" rel=\"noopener\">at AED 7.65 apiece on Friday\u2019s close<\/a>, up from AED 5.1 apiece on 31 January 2024. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/al-habtoor\/\">Al Habtoor<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo\/\">IPO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100286\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100286\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/adnoc-omv-want-to-acquire-mubadalas-nova-chemicals\/\">\r\n                            Adnoc, OMV want to acquire Mubadala\u2019s Nova Chemicals                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/adnoc-omv-want-to-acquire-mubadalas-nova-chemicals\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/adnoc-omv-want-to-acquire-mubadalas-nova-chemicals\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/adnoc-omv-want-to-acquire-mubadalas-nova-chemicals\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Adnoc, OMV want to acquire Mubadala\u2019s Nova Chemicals&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/adnoc-omv-want-to-acquire-mubadalas-nova-chemicals\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/adnoc-omv-want-to-acquire-mubadalas-nova-chemicals\/&title=Adnoc, OMV want to acquire Mubadala\u2019s Nova Chemicals\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Adnoc%2C+OMV+want+to+acquire+Mubadala%E2%80%99s+Nova+Chemicals+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fadnoc-omv-want-to-acquire-mubadalas-nova-chemicals%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/adnoc-omv-want-to-acquire-mubadalas-nova-chemicals\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/129.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100287\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/adnoc-omv-want-to-acquire-mubadalas-nova-chemicals\/129-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/129.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"129.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/129.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/129.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100286\" class=\"content-area-description single-story post-100286 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-adnoc tag-chemicals tag-enterpriseam-uae tag-ma-watch tag-mubadala tag-omv wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.9459edfe-9878-43e0-92dc-db16e5eab63a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Adnoc <\/strong><strong>and Austria-based OMV are looking to acquire Mubadala\u2019s Nova <\/strong><strong>Chemicals to merge it with their polyolefin businesses in a bid <\/strong><strong>to<\/strong><strong> establish <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.omv.com\/en\/media\/press-releases\/2023\/omv-decides-to-pursue-negotiations-with-adnoc-on-a-potential-cooperation-regarding-their-polyolefins-businesses-\" style=\"\" rel=\"noopener\">a global polyolefin group<\/a><\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.omv.com\/en\/investors\/news\/2025\/omv-and-adnoc-contemplate-an-inclusion-of-nova-chemicals-as-part-of-their-potential-polyolefins-cooperation\" style=\"\" rel=\"noopener\">joint statement<\/a>. There\u2019s still no publicly available information about the size of the potential stake Adnoc and OMV aim to secure in Nova Chemicals from Mubadala, nor about the financial terms, structure, timeline, or the advisors working on the transaction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Background:<\/strong><span style=\"background-color: transparent;\"> Adnoc and OMV announced in <\/span><a target=\"_blank\" href=\"https:\/\/www.omv.com\/en\/news\/omv-decides-to-pursue-negotiations-with-adnoc-on-a-potential-cooperation-regarding-their-polyolefins-businesses-\" rel=\"noopener\">July 2023<\/a><span style=\"background-color: transparent;\"> their plan to merge their plastic units \u2014 <\/span><a target=\"_blank\" href=\"https:\/\/www.borouge.com\/en\/Pages\/home.aspx\" rel=\"noopener\">Borouge<\/a><span style=\"background-color: transparent;\"> and <\/span><a target=\"_blank\" href=\"https:\/\/www.borealisgroup.com\/about-us\" rel=\"noopener\">Borealis<\/a><span style=\"background-color: transparent;\"> \u2014 in <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/72ee5c31-9697-415d-a2fa-9d74ede3b7fb\/updates-on-potential-acquisitions-from-adq-and%253cmark%253e-borouge%253c%2Fmark%253e-%2B-barcelona-fc-could-get-funds-from-dubai-investors#:~:text=%232%2D%20Borouge%2DBorealis,negotiations%2C%20Bloomberg%20says.\" rel=\"noopener\">a JV<\/a><span style=\"background-color: transparent;\"> potentially worth over USD 30 bn, though the merger has seen delays due to changes in management, the elections in Austria last year, and some sticking points related to the technicalities of the merger. Adnoc confirmed on Saturday that negotiations with OMV about the potential merger were ongoing in <\/span><a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2025\/adnoc-update-on-potential-polyolefin-opportunities\" rel=\"noopener\">a separate statement<\/a><span style=\"background-color: transparent;\">. It is worth noting that Adnoc owns 24.9% of OMV as of <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a018d651-e120-4aa7-9039-d221628ca749\/adnoc-acquires-24.9%2525-stake-in-austrian-omv\" rel=\"noopener\">March 2024<\/a><span style=\"background-color: transparent;\">. Adnoc holds <\/span><a target=\"_blank\" href=\"https:\/\/www.borealisgroup.com\/about-us\/organization\" rel=\"noopener\">a 25% stake<\/a><span style=\"background-color: transparent;\"> in Borealis, and a 54% stake in Borouge, while Borealis holds <\/span><a target=\"_blank\" href=\"https:\/\/www.borouge.com\/en\/about-us\/Pages\/home.aspx#:~:text=ADNOC%20owns%20a%20majority%2054,a%2036%25%20stake%20in%20Borouge.&amp;text=Abu%20Dhabi%20National%20Oil%20Company,total%20oil%20and%20gas%20reserves.\" rel=\"noopener\">a 36% stake<\/a><span style=\"background-color: transparent;\"> in Borouge.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT-<\/strong> The potential merger would create an industry giant by combining Adnoc and Borouge\u2019s strong presence in the Middle East and Asia with OMV\u2019s and Nova Chemicals' established operations in Europe and North America. This would create a more integrated global supply chain for the companies and enhance marketing and sales channels across key regions. The merger also comes as both Adnoc and OMV look to expand their chemicals businesses in a shift away from oil and gas.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Uh, Enterprise, what is polyolefin? <\/strong><a target=\"_blank\" href=\"https:\/\/en.wikipedia.org\/wiki\/Polyolefin\" style=\"\" rel=\"noopener\">Polyoelfin<\/a> is one of the most widely used plastics in the world. It is a lightweight, durable, chemically resistant, and recyclable thermoplastic used in the production of everything from plastic bags, medical packaging and syringes, to roofing materials and geotextiles for road and soil stabilization. The most common types of polyolefins include polyethylene and polypropylene.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Nova Chemicals: <\/strong>The Calgary-headquartered company specializes in the development and manufacturing of ethylene, polyethylene, and chemical co-products. Nova Chemicals operates primarily in Canada and the US, with facilities in Alberta, Ontario, Louisiana, and Texas, according to its <a target=\"_blank\" href=\"https:\/\/www.novachem.com\/olefins\/facilities\/?\" style=\"\" rel=\"noopener\">website<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story also got ink in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/austrias-omv-adnoc-mull-acquiring-nova-chemicals-2025-01-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong> and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-02\/uae-s-adnoc-aims-to-buy-nova-chemicals-roll-into-deal-with-omv\" style=\"\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong>.<\/strong><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/chemicals\/\">chemicals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mubadala\/\">Mubadala<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/omv\/\">OMV<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100288 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"100288\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/100288-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100288\" class=\"content-area-description single-story post-100288 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/youtu.be\/lIRD3hxzdgY\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1339.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100289\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100289\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/nmdc-energy-to-invest-usd-500-mn-in-dedicated-offshore-wind-vessel\/\">\r\n                            NMDC Energy to invest USD 500 mn in dedicated offshore wind vessel                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/nmdc-energy-to-invest-usd-500-mn-in-dedicated-offshore-wind-vessel\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/nmdc-energy-to-invest-usd-500-mn-in-dedicated-offshore-wind-vessel\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/nmdc-energy-to-invest-usd-500-mn-in-dedicated-offshore-wind-vessel\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=NMDC Energy to invest USD 500 mn in dedicated offshore wind vessel&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/nmdc-energy-to-invest-usd-500-mn-in-dedicated-offshore-wind-vessel\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/nmdc-energy-to-invest-usd-500-mn-in-dedicated-offshore-wind-vessel\/&title=NMDC Energy to invest USD 500 mn in dedicated offshore wind vessel\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=NMDC+Energy+to+invest+USD+500+mn+in+dedicated+offshore+wind+vessel+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fnmdc-energy-to-invest-usd-500-mn-in-dedicated-offshore-wind-vessel%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/nmdc-energy-to-invest-usd-500-mn-in-dedicated-offshore-wind-vessel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/125.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100290\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/nmdc-energy-to-invest-usd-500-mn-in-dedicated-offshore-wind-vessel\/125-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/125.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"125.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/125.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/125.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100289\" class=\"content-area-description single-story post-100289 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-investment-watch tag-nmdc-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.7cd81db4-5fc1-4a65-8569-5cbcc35b3cca.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">NMDC <\/strong><strong style=\"background-color: transparent;\">to invest USD 500 mn in offshore wind expansion: <\/strong><span style=\"background-color: transparent;\">National Marine Dredging Company\u2019s (NMDC) engineering, procurement, and construction (EPC) arm NMDC Energy plans to invest USD 500 mn in a dedicated offshore wind vessel, CEO Ahmed Al Dhaheri told <\/span><a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/energy\/2025\/02\/01\/uaes-nmdc-energy-bets-big-on-offshore-wind-with-500m-vessel-investment\/\" rel=\"noopener\">The National<\/a><span style=\"background-color: transparent;\">. The investment covers the acquisition of jack-up barges for tower, blade, and turbine installation and a cable-laying vessel for offshore wind projects.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale: <\/strong>NMDC Energy is bullish on offshore wind as a major revenue stream, with Al Dhaheri saying it has \u201cpotential\u201d and could have \u201ca good share of our business and of our revenue moving forward.\u201d The company\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b12de49e-2c91-486c-b367-20da30f5ab61\/mashreq,-easylease,-apex-investments,-and-more-report-2024-earnings\" style=\"\" rel=\"noopener\">revenue rose 82%<\/a> to AED 14.4 bn in 2024, while net income grew 80% y-o-y to AED 1.4 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking abroad: <\/strong>The firm is also exploring partnerships with international energy giants TotalEnergies, EDF, RWE, and Iberdrola.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The EPC unit has been busy, revealing plans in November to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0b5b7f9f-1f51-4f84-bc5e-927009778822\/this-morning:-uae-listed-stocks-top-usd-1-tn-in-market-value-%2B-masdar,%253cmark%253e-nmdc-energy%253c%2Fmark%253e-eye-expansion\" style=\"\" rel=\"noopener\">scale up<\/a> its operations in the UAE, Saudi Arabia, India, and Taiwan, and entering new markets in Europe, North and West Africa, and Southeast Asia. Last month, NMDC Energy inaugurated an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5ecebfe5-258f-4439-bf2f-864dbc6f929a\/ask-private-opens-up-office-in-dubai\" style=\"\" rel=\"noopener\">AED 200 mn fabrication yard<\/a> in Saudi Arabia\u2019s Ras Al Khair Special Economic Zone and secured a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/19f7efb3-46e1-480b-b413-77f4bf4073f5\/%253cmark%253enmdc%253c%2Fmark%253e-group-lands-us-1.1-bn-contract-in-taiwan\" style=\"\" rel=\"noopener\">US 1.1 bn contract for an offshore pipeline project in Taiwan<\/a>. The company currently holds an AED 58 bn project backlog, Al Dhaheri said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Challenges ahead: <\/strong>Rising costs, supply chain constraints, and shifting political support for wind energy \u2014 with US President Donald Trump recently pausing new US offshore wind leases \u2014 pose industry risks. Still, Al Dhaheri remains optimistic, noting that \u201ca number of projects are already sanctioned and lined up for execution.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/nmdc-energy\/\">NMDC Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100291\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100291\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/omniyat-secures-a-usd-100-mn-private-loan-from-nomura\/\">\r\n                            Omniyat secures a USD 100 mn private loan from Nomura                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/omniyat-secures-a-usd-100-mn-private-loan-from-nomura\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/omniyat-secures-a-usd-100-mn-private-loan-from-nomura\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/omniyat-secures-a-usd-100-mn-private-loan-from-nomura\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Omniyat secures a USD 100 mn private loan from Nomura&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/omniyat-secures-a-usd-100-mn-private-loan-from-nomura\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/omniyat-secures-a-usd-100-mn-private-loan-from-nomura\/&title=Omniyat secures a USD 100 mn private loan from Nomura\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Omniyat+secures+a+USD+100+mn+private+loan+from+Nomura+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fomniyat-secures-a-usd-100-mn-private-loan-from-nomura%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/omniyat-secures-a-usd-100-mn-private-loan-from-nomura\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/149.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100292\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/omniyat-secures-a-usd-100-mn-private-loan-from-nomura\/149-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/149.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"149.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/149.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/149.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100291\" class=\"content-area-description single-story post-100291 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-agility-global tag-debt tag-debt-watch tag-dubai tag-enterpriseam-uae tag-nomura-holdings tag-real-estate wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.264d87f7-02ad-4b0e-a60c-062f1ceb52a3.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dubai<\/strong><strong>-based developer Omniyat has secured a USD 100 mn loan from <\/strong><strong>Japanese <\/strong><strong>investment bank Nomura Holdings<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-31\/dubai-real-estate-nomura-extends-100-million-private-loan-to-omniyat\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources familiar with the matter. The funds will be used to support the development of one of its ultra-luxury projects in the emirate, the sources said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Omniyat is expanding its investment portfolio<\/strong><span style=\"background-color: transparent;\"> after launching the <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6f640d05-f46b-47f3-9fa1-5c03845fd012\/maqta-gateway-%2B-presight-team-up-for-ai-powered-logistics-solutions\" rel=\"noopener\">Alba Hotel and Residences<\/a><span style=\"background-color: transparent;\"> in September 2024, a beachfront development valued at AED 7 bn which will open in 2028. The developer also plans to invest <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b4714b58-c3a5-4edb-ac6b-753c7b4a4f7e\/mozambique-approves-dp-world%25e2%2580%2599s-usd-2-bn-maputo-port-expansion-%2B%253cmark%253e-omniyat%253c%2Fmark%253e-eyes-aed-10-bn-investments-in-marasi-bay-marina\" rel=\"noopener\">AED 10 bn by 2028<\/a><span style=\"background-color: transparent;\"> in the Marasi Bay Marina, which it acquired in <\/span><a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/property\/omniyat-acquires-marasi-bay-marina-expanding-into-ultra-luxury-enclave-development-1.98206181\" rel=\"noopener\">September 2023<\/a><span style=\"background-color: transparent;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nomura Holdings is doubling down on investments in the region<\/strong>, with plans to hire <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/eb3399c4-b1d8-4b13-b078-736c5ea267db\/%253cmark%253enomura%253c%2Fmark%253e-to-expand-dubai-team\" style=\"\" rel=\"noopener\">three to four relationship managers in Dubai<\/a> as it seeks to expand its wealth management business in the emirate. On the global level, the Japanese investment bank earmarked about USD 1 bn to provide loans and complex forms of debt to private equity companies and financial institutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>International investments continue pouring into the UAE<\/strong>, following Aldar Properties\u2019 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cf812b33-406d-4fb4-92aa-11d04f183746\/%253cmark%253e%253c%2Fmark%253ealdar%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253esecures%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253elargest%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253esustainability%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eloan%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253efor%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ea%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emena%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253edeveloper%253cmark%253e%253c%2Fmark%253e,%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253eless%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ethan%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eone%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eweek%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eafter%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ehybrid%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eissuance%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">AED 9 bn<\/a> sustainability-linked revolving credit facility, which attracted orders from 15 international and regional financial institutions in January. Meanwhile, Citigroup extended <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7d8d1dbf-c43b-4ec3-8c68-8239adda32e2\/astra-tech%25e2%2580%2599s-quantix-secures-usd-500-mn-funding-from-citi\" style=\"\" rel=\"noopener\">USD 500 mn<\/a> in asset-backed securitization financing to Dubai-based fintech firm Quantix Technology Projects in December. IHC\u2019s subsidiary Al Seer Marine also secured <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/82a7f47e-79d4-4487-8093-e4e82bca86d8\/al-seer-marine-secures-usd-80-mn-financing-from-china%25e2%2580%2599s-bocom\" style=\"\" rel=\"noopener\">USD 80 mn<\/a> in financing from China's Bocom Financial Leasing in October.<\/p>\n<p class=\"tag-border-left\">OTHER DEBT NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Agility <\/strong><strong>approves <\/strong><strong>USD 400 mn loan to Reem Mall developer: <\/strong>ADX-listed logistics firm <a target=\"_blank\" href=\"https:\/\/agilityglobal.com\/\" style=\"\" rel=\"noopener\">Agility<\/a><a target=\"_blank\" href=\"https:\/\/agilityglobal.com\/\" style=\"\" rel=\"noopener\">Global<\/a> is providing a USD 400 mn short-term loan facility through a subsidiary to Al Farwaniya Property Developments, the owner and developer of Abu Dhabi\u2019s Reem Mall, it said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/89.pdf\" style=\"\" rel=\"noopener\">disclosure<\/a>. The loan comes as Al Farwaniya finalizes a new facility with third-party lenders. Agility, which fully guarantees Al Farwaniya\u2019s existing <a target=\"_blank\" href=\"https:\/\/www.agility.com\/en\/investor-relations-news\/al-farwaniya-property-developments-llc-has-signed-a-seven-year-senior-credit-facility-for-a-value-of-457-million\/\" style=\"\" rel=\"noopener\">facility<\/a>, said this guarantee will be removed once the current loan is repaid. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/agility-global\/\">Agility Global<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/nomura-holdings\/\">Nomura Holdings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100293\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100293\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/aldar-issues-usd-500-mn-hybrid-notes-to-apollo\/\">\r\n                            Aldar issues USD 500 mn hybrid notes to Apollo                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/aldar-issues-usd-500-mn-hybrid-notes-to-apollo\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/aldar-issues-usd-500-mn-hybrid-notes-to-apollo\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/aldar-issues-usd-500-mn-hybrid-notes-to-apollo\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Aldar issues USD 500 mn hybrid notes to Apollo&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/aldar-issues-usd-500-mn-hybrid-notes-to-apollo\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/aldar-issues-usd-500-mn-hybrid-notes-to-apollo\/&title=Aldar issues USD 500 mn hybrid notes to Apollo\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Aldar+issues+USD+500+mn+hybrid+notes+to+Apollo+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Faldar-issues-usd-500-mn-hybrid-notes-to-apollo%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/aldar-issues-usd-500-mn-hybrid-notes-to-apollo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/123.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100294\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/aldar-issues-usd-500-mn-hybrid-notes-to-apollo\/123-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/123.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"123.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/123.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/123.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100293\" class=\"content-area-description single-story post-100293 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-aldar-properties tag-debt tag-debt-watch tag-enterpriseam-uae tag-investment tag-investment-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.8c32d362-764c-43c8-b22e-490b6663ede4.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Apollo invests USD 500 mn in Aldar:<\/strong> State-owned Aldar Properties issued USD 500 mn in subordinated hybrid notes to US-based Apollo Global Management, marking one of the region\u2019s largest corporate hybrid private placements, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/55.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The details: <\/strong><span style=\"background-color: transparent;\">The hybrid notes carry a non-call period of 10.25 years and share characteristics with Aldar\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/87e45cd6-e9fa-4eb7-9024-4c50accfe048\/%253cmark%253ealdar%253c%2Fmark%253e-and-fab%25e2%2580%2599s-issuances-meet-strong-demand\" rel=\"noopener\">recent USD 1 bn public issuance<\/a><span style=\"background-color: transparent;\">, the company said. Moody\u2019s expects to rate the notes Baa3 with 50% equity credit, one notch below Aldar\u2019s Baa2 rating, with a stable outlook.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Apollo has been an investor in Aldar for a while:<\/strong> The notes replace a previous land joint venture (JV) that was part of Apollo\u2019s initial USD 1.4 bn investment in Aldar in 2022. This investment also included a USD 400 mn acquisition in August 2022 for an 11.1% minority stake in Aldar Investment Properties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aldar has been busy: <\/strong>Last month, Aldar Properties <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/87e45cd6-e9fa-4eb7-9024-4c50accfe048\/%253cmark%253ealdar%253c%2Fmark%253e-and-fab%25e2%2580%2599s-issuances-meet-strong-demand\" style=\"\" rel=\"noopener\">issued<\/a> USD 1 bn Reg S hybrid capital notes \u2014 the largest conventional hybrid issuance in the Middle East \u2014 and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cf812b33-406d-4fb4-92aa-11d04f183746\/%253cmark%253ealdar%253c%2Fmark%253e-secures-largest-sustainability-loan-for-a-mena-developer,-less-than-one-week-after-hybrid-issuance\" style=\"\" rel=\"noopener\">closed<\/a> an AED 9 bn sustainability-linked revolving credit facility last month \u2014 the largest syndicated loan of its kind secured by a real estate firm in the region. Over the past two years, it also sold <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fdd118ff-c279-4c44-97dc-87c7c57a6c9a\/aldar-properties-launches-usd-500-mn-green%253cmark%253e-sukuk%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">about USD 1 bn<\/a> in green sukuk.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Citi acted as Aldar's structuring and rating advisor.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/aldar-properties\/\">Aldar Properties<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100295\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100295\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">A MESSAGE FROM MASHREQ<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/looking-back-at-a-year-of-growth-and-resilience-at-mashreq\/\">\r\n                            Looking back at a year of growth and resilience at Mashreq                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/looking-back-at-a-year-of-growth-and-resilience-at-mashreq\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/looking-back-at-a-year-of-growth-and-resilience-at-mashreq\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/looking-back-at-a-year-of-growth-and-resilience-at-mashreq\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Looking back at a year of growth and resilience at Mashreq&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/looking-back-at-a-year-of-growth-and-resilience-at-mashreq\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/looking-back-at-a-year-of-growth-and-resilience-at-mashreq\/&title=Looking back at a year of growth and resilience at Mashreq\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Looking+back+at+a+year+of+growth+and+resilience+at+Mashreq+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Flooking-back-at-a-year-of-growth-and-resilience-at-mashreq%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/looking-back-at-a-year-of-growth-and-resilience-at-mashreq\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/84.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100296\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/looking-back-at-a-year-of-growth-and-resilience-at-mashreq\/84-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/84.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"84.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/84.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/84.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100295\" class=\"content-area-description single-story post-100295 post type-post status-publish format-standard has-post-thumbnail hentry category-a-message-from-mashreq tag-a-message-from-mashreq tag-banking tag-enterpriseam-uae tag-mashreq wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.508cbc66-7068-47a2-b21f-9aabde1ddd81.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As we push deeper by the hour into 2025, we look back on a year of growth, innovation,<\/strong><strong> and resilience at Mashreq. <\/strong>We expanded our presence within the region with our launch of Mashreq Neo in Egypt earlier in the year \u2014 and laid the foundation stones for further expansion in our region and beyond. This week, we are in Muscat to announce the opening of Mashreq Oman. In Pakistan, Mashreq became the first bank to launch pilot operations as a Digital Retail Bank. And our footprint will grow by at least one other country later this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>From Dubai and Abu Dhabi, to Cairo, London, New York, Hong Kong, and India, Mashreq helps ambitious businesses <\/strong>and individual clients capture opportunity and take charge of their financial futures. We do not do that just by being present, but through innovative products including our NEO CORP digital corporate banking proposition for corporate clients, which we rolled out in Qatar, Bahrain, and Kuwait, and are preparing to roll out across the globe. Last year, we upgraded and consolidated our app to create a unified platform for clients to access all the financial services and information they need. Our focus remains on digital transformation, operational resilience, and client-centricity. The record activations on NEO BIZ highlight our leadership in business banking.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mashreq has always been more than just a bank. <\/strong>We\u2019re a rapidly growing digital disruptor and a platform that prioritizes sustainability and innovation, which is why as we expanded our digital footprint globally this past year, we also expanded our sustainability initiative, Climb2Change. As part of this global initiative, our team we scaled and cleaned five of the highest peaks and one base camp in Nepal that underscored the resilience of the human spirit. We further expanded into Pakistan, where our team helped clean up nearly 1.727 tons of waste at mountain sites including K2, Broad Peak base camp, Concordia, Goro II; the expedition directly benefited 47 local businesses and over 100 community members. We recently celebrated one year of this global mission with the successful completion of our Egypt clean-up expedition at Wadi Degla Protectorate, a natural reserve near Cairo, where we removed 2.182 tonnes of general waste and 120 tonnes of construction waste. As the initiative continues to gain momentum and expand, we look to target iconic peaks and ecosystems in Tibet (China), and beyond.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We also built on our track record as a provider of sustainability-linked facilities in the <\/strong>region, including unique transactions we structured for born in-the-UAE education platform Gems Education and another for Qatar\u2019s Landmark Retail, marking the first time a private sector company has signed a bilateral sustainability-linked loan in Qatar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As we step into 2025, we remain as excited and committed as ever to deliver value to our <\/strong>shareholders and customers through impactful initiatives and digital transformation. The region we are in is seeing tremendous growth, and the UAE is at the forefront, with a booming non-oil economy and tourism sector, and an ever-growing population.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To adapt to this rapidly growing \u2014 and changing \u2014 landscape, a rethinking of the nature <\/strong>of traditional banking is essential. It is not enough to claim to be customer-centric; banks must truly become a one-stop shop for customers\u2019 financing needs, and that means giving customers the agency to control and manage their finances in the most seamless ways possible. Open finance is coming, and the only way forward is to build towards an integrated ecosystem that puts the client front and center and prioritizes customer relationships.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mashreq will be at the forefront of these changes<\/strong>, capturing the opportunities they bring us with innovation, agility, and resilience. We look forward to talking with all of you about how we can help you do the same in 2025.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/a-message-from-mashreq\/\">A MESSAGE FROM MASHREQ<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mashreq\/\">Mashreq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100297\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100297\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ghitha-holding-sees-aed-2-7-bn-net-income-in-2024\/\">\r\n                            Ghitha Holding sees AED 2.7 bn net income in 2024                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ghitha-holding-sees-aed-2-7-bn-net-income-in-2024\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ghitha-holding-sees-aed-2-7-bn-net-income-in-2024\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ghitha-holding-sees-aed-2-7-bn-net-income-in-2024\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Ghitha Holding sees AED 2.7 bn net income in 2024&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ghitha-holding-sees-aed-2-7-bn-net-income-in-2024\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ghitha-holding-sees-aed-2-7-bn-net-income-in-2024\/&title=Ghitha Holding sees AED 2.7 bn net income in 2024\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Ghitha+Holding+sees+AED+2.7+bn+net+income+in+2024+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fghitha-holding-sees-aed-2-7-bn-net-income-in-2024%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ghitha-holding-sees-aed-2-7-bn-net-income-in-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/998.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100298\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ghitha-holding-sees-aed-2-7-bn-net-income-in-2024\/998-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/998.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"998.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/998.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/998.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100297\" class=\"content-area-description single-story post-100297 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-ghitha-holding wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.12fcad2c-5ad0-434f-843d-69843c9fd6dc.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abu <\/strong><strong>Dhabi-based food manufacturer Ghitha<\/strong> <strong>Holding reported AED 2.7 bn in <\/strong><strong>net <\/strong><strong>income last year<\/strong>, up from AED 43.2 mn in 2023, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/71.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The International Holding Company (IHC) subsidiary\u2019s revenue rose by 8.9% y-o-y to AED 5 bn during the same period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The company attributed this top-line performance to its \u201corganic expansion, strategic acquisitions, and operational excellence,\u201d<\/strong><span style=\"background-color: transparent;\"> according to its <\/span><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/70.pdf\" rel=\"noopener\">earnings release (pdf)<\/a><span style=\"background-color: transparent;\">. The company\u2019s net income increase was driven by cost efficiencies, strategic acquisitions, and synergies, resulting in a more efficient cost structure during the year, according to the statement.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ghitha\u2019s 2024 investment spree: <\/strong>Its subsidiary Zee Stores International acquired a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a4b0b5ea-35fd-4ead-adf4-5280ce0fe1a5\/core42-begins-deploying-nvidia-tech\" style=\"\" rel=\"noopener\">70% stake<\/a> in Fujairah\u2019s International Food Industries for AED 41 mn in October. In <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bb22d9c8-cb4c-4cda-b8bd-27d48b20d648\/indian-crypto-unicorn-acquires-dubai%25e2%2580%2599s-bitoasis\" style=\"\" rel=\"noopener\">July<\/a>, it acquired Saudi Sedco Holding\u2019s Arabian Farms, including assets in the UAE and KSA, for AED 240 mn. Back in March, Ghitha <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0a538a1e-fb1c-44f8-b320-fca86cb2317d\/abu-dhabi-national-hotels-is-taking-over-its-jv-with-compass-group\" style=\"\" rel=\"noopener\">upped its stake<\/a> in Al Ain Farms by 12% for AED 61 mn and two of its subsidiaries laid the groundwork for cross-border acquisitions <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1e9c1f9c-7161-4ee3-9c3b-261ef26184ff\/%253cmark%253eghitha%253c%2Fmark%253e-holding-expands-with-two-cross-border-acquisitions\" style=\"\" rel=\"noopener\">in February<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ghitha-holding\/\">Ghitha Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100299\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100299\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/microsoft-names-new-emea-president\/\">\r\n                            Microsoft names new EMEA President                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/microsoft-names-new-emea-president\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/microsoft-names-new-emea-president\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/microsoft-names-new-emea-president\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Microsoft names new EMEA President&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/microsoft-names-new-emea-president\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/microsoft-names-new-emea-president\/&title=Microsoft names new EMEA President\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Microsoft+names+new+EMEA+President+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fmicrosoft-names-new-emea-president%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/microsoft-names-new-emea-president\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/121.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100300\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/microsoft-names-new-emea-president\/121-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/121.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"121.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/121.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/121.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100299\" class=\"content-area-description single-story post-100299 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-al-masraf tag-g42 tag-hsbc tag-microsoft tag-moves tag-tech wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.6be9438b-4160-497a-bdbe-3ffcb783c74a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"background-color: transparent;\">Tech giant<\/span><strong style=\"background-color: transparent;\"> Microsoft <\/strong><span style=\"background-color: transparent;\">appointed <\/span><strong style=\"background-color: transparent;\">Samer Abu-Ltaif (<\/strong><strong style=\"background-color: transparent;\"><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/samer-abu-ltaif-2b621b8?originalSubdomain=ae\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong style=\"background-color: transparent;\">) <\/strong><span style=\"background-color: transparent;\">as <\/span><strong style=\"background-color: transparent;\">president of <\/strong><strong style=\"background-color: transparent;\">Microsoft <\/strong><strong style=\"background-color: transparent;\">Europe, Middle East, and Africa (EMEA)<\/strong><span style=\"background-color: transparent;\">, according to a company <\/span><a target=\"_blank\" href=\"https:\/\/news.microsoft.com\/en-xm\/2025\/01\/30\/microsoft-names-samer-abu-ltaif-president-for-europe-middle-east-and-africa\/\" rel=\"noopener\">statement<\/a><span style=\"background-color: transparent;\">. He succeeds Ralph Haupter (<\/span><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/ralphhaupter\/?originalSubdomain=de\" rel=\"noopener\">LinkedIn<\/a><span style=\"background-color: transparent;\">), who now leads Microsoft's Small, Medium Enterprises and Channel partner organization.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu-Ltaif previously held the roles of president for Central and Eastern Europe, Middle East, and Africa<\/strong>, as well as regional director for the Gulf. He led Microsoft's <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0cc78916-0227-4247-b601-f1bf74f38c73\/microsoft-pumps-usd-1.5-bn-into-abu-dhabi%25e2%2580%2599s%253cmark%253e-g42%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">USD 1.5 bn investment<\/a> in Abu Dhabi\u2019s G42 in April. He also played a key role in launching Microsoft\u2019s first African data center in South Africa, as well as UAE, Qatar, and Poland data centers, with new regions planned for Greece, Saudi Arabia, and Kenya.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu-Ltaif will manage operations across 120+ markets,<\/strong> with a focus on AI-driven innovation, customer empowerment, and sustainable economic growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">New C-suite hires at KPC Trading:<\/strong><span style=\"background-color: transparent;\"> KPC Trading, the Dubai-based oil trading arm of <\/span><a target=\"_blank\" href=\"https:\/\/www.kpc.com.kw\/\" rel=\"noopener\">Kuw<\/a><a target=\"_blank\" href=\"https:\/\/www.kpc.com.kw\/\" rel=\"noopener\">ait Petroleum Corporation<\/a><span style=\"background-color: transparent;\"> (KPC), appointed Abdullatif Almukhaizeem (<\/span><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/abdullatif-almukhaizeem-24a80827?originalSubdomain=kw\" rel=\"noopener\">LinkedIn<\/a><span style=\"background-color: transparent;\">) as CEO, <\/span><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-31\/kuwait-names-ceo-and-cfo-for-new-dubai-based-oil-trading-arm\" rel=\"noopener\">Bloomberg<\/a><span style=\"background-color: transparent;\"> reports. Almukhaizeem, who previously managed KPC's London office, will lead the company as it prepares to launch in 2Q 2025. Robert Johnson (<\/span><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/robert-johnson-18135054\/?originalSubdomain=uk\" rel=\"noopener\">LinkedIn<\/a><span style=\"background-color: transparent;\">), with a background at BP and Klesch Group, was appointed CFO. The new unit is focused on boosting production and maintaining control over operations, from exploration to petrochemicals.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Arab Bank for Investment and Foreign Trade (Al Masraf) <\/strong>appointed<strong> Fuad Mohamed <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/fuad-mohamed-0016016\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">(LinkedIn)<\/a><\/strong><strong> as the lender's new CEO<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/people-in-the-news\/fuad-mohamed-appointed-as-new-ceo-of-arab-bank-for-investment-and-foreign-trade-al-masraf-yq44jgpn\" style=\"\" rel=\"noopener\">press release<\/a>. Mohamed brings 25 years of experience in banking and finance, with stints in banking operations, fintech, and restructuring. He served as COO at Emirates Islamic Bank, COO and board member at Emirates NBD Egypt, and head of IT Application at Emirates NBD. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HSBC <\/strong>appointed <strong>Farah Farooq<\/strong> (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/farah-farooq-syed\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) as <strong>head of communications for the Middle East, <\/strong><strong>North Africa, and Turkey (MENAT) region<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/ar\/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%8A%D8%A9\/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%B3%D8%A4%D9%88%D9%84%D9%8A%D9%86\/%D8%A5%D8%AA%D8%B4-%D8%A7%D8%B3-%D8%A8%D9%8A-%D8%B3%D9%8A-%D9%8A%D8%B9%D9%8A%D9%86-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%AC%D8%AF%D9%8A%D8%AF-%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%B4%D8%A4%D9%88%D9%86-%D8%A7%D9%84%D8%AA%D9%88%D8%A7%D8%B5%D9%84-%D9%88%D8%A7%D9%84%D8%A5%D8%B9%D9%84%D8%A7%D9%85-%D9%84%D9%84%D8%B4%D8%B1%D9%82-%D8%A7%D9%84%D8%A3%D9%88%D8%B3%D8%B7-%D9%88%D8%B4%D9%85%D8%A7%D9%84-%D8%A5%D9%81%D8%B1%D9%8A%D9%82%D9%8A%D8%A7-%D9%88%D8%AA%D8%B1%D9%83%D9%8A%D8%A7-grojsy7s\" style=\"\" rel=\"noopener\">press release<\/a>. Farooq, who most recently headed the bank\u2019s UAE communications department, will develop and implement its regional communications strategy from Dubai. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/al-masraf\/\">Al Masraf<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/g42\/\">G42<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/hsbc\/\">HSBC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/microsoft\/\">Microsoft<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tech\/\">tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100301\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100301\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">UAE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/more-attention-on-dubais-ultra-luxury-property-market\/\">\r\n                            More attention on Dubai\u2019s ultra-luxury property market                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/more-attention-on-dubais-ultra-luxury-property-market\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/more-attention-on-dubais-ultra-luxury-property-market\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/more-attention-on-dubais-ultra-luxury-property-market\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=More attention on Dubai\u2019s ultra-luxury property market&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/more-attention-on-dubais-ultra-luxury-property-market\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/more-attention-on-dubais-ultra-luxury-property-market\/&title=More attention on Dubai\u2019s ultra-luxury property market\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=More+attention+on+Dubai%E2%80%99s+ultra-luxury+property+market+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fmore-attention-on-dubais-ultra-luxury-property-market%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/more-attention-on-dubais-ultra-luxury-property-market\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/117.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100302\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/more-attention-on-dubais-ultra-luxury-property-market\/117-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/117.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"117.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/117.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/117.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100301\" class=\"content-area-description single-story post-100301 post type-post status-publish format-standard has-post-thumbnail hentry category-uae-in-the-news tag-dubai tag-enterpriseam-uae tag-real-estate tag-uae-in-the-news wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.74100579-999b-4457-97a2-d89dde8c21d3.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai\u2019s <\/strong><strong>high-end property market is back in the international spotlight<\/strong>, with <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-02\/dubai-real-estate-firms-add-new-100-million-mansions-to-lure-world-s-rich\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reporting on the emirate\u2019s latest influx of ultra-luxury mansions and penthouses \u2014 some priced as high as USD 120 mn as developers race to outdo one another. \u201cThe upper end of the market is the most profitable,\u201d Sankari Properties CEO Mark Phoenix told the newswire, pointing to the intense competition to attract global buyers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The luxury sector is bucking the global slowdown<\/strong><span style=\"background-color: transparent;\">, with prices surging 67% since 2021 on the back of demand from Europe, Asia, and the Americas. Some 6.7 mn m\u2019naires are <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7204c50e-d3bd-43bd-a32d-281fa501e647\/this-morning:-us-lawmakers-call-for-probe-into-microsoft%25e2%2580%2599s-partnership-with-g42-%2B-fab-denies-plans-to-acquire-a-stake-in-yes-bank\" rel=\"noopener\">estimated to have moved<\/a><span style=\"background-color: transparent;\"> into the UAE in 2024. A tightening supply of prime beachfront plots amid a three to four-year backlog is expected to continue supporting Dubai\u2019s prime property market, despite some buyers starting to push back on price hikes, the newswire cites Dubai Sotheby\u2019s International Realty executive partner Honey Deylami as saying.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-in-the-news\/\">UAE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100303\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100303\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ad-ports-names-mag-group-as-lead-developer-for-marsa-zayed\/\">\r\n                            AD Ports names MAG Group as lead developer for Marsa Zayed                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ad-ports-names-mag-group-as-lead-developer-for-marsa-zayed\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ad-ports-names-mag-group-as-lead-developer-for-marsa-zayed\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ad-ports-names-mag-group-as-lead-developer-for-marsa-zayed\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=AD Ports names MAG Group as lead developer for Marsa Zayed&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ad-ports-names-mag-group-as-lead-developer-for-marsa-zayed\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ad-ports-names-mag-group-as-lead-developer-for-marsa-zayed\/&title=AD Ports names MAG Group as lead developer for Marsa Zayed\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=AD+Ports+names+MAG+Group+as+lead+developer+for+Marsa+Zayed+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fad-ports-names-mag-group-as-lead-developer-for-marsa-zayed%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ad-ports-names-mag-group-as-lead-developer-for-marsa-zayed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/115.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100304\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/ad-ports-names-mag-group-as-lead-developer-for-marsa-zayed\/115-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/115.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"115.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/115.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/115.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100303\" class=\"content-area-description single-story post-100303 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-ad-ports tag-air-arabia tag-also-on-our-radar tag-aviation tag-digitization tag-dp-world tag-dubai tag-enterpriseam-uae tag-flydubai tag-healthcare tag-hospitality tag-logistics tag-real-estate tag-sharjah-airport tag-tech wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.7e1bf1e9-9272-4706-863e-d1ec71a6109c.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">HOSPITALITY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>AD <\/strong><strong>Ports makes MAG Group lead developer of Marsa Zayed:<\/strong> AD Ports Group tapped Dubai-based conglomerate MAG Group Holding to develop the first phase of its Marsa Zayed real estate project, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2025\/01\/31\/mag-group-holding-selected-as-lead-developer-for-marsa-zayed-beachfront-development-in-aqaba\" style=\"\" rel=\"noopener\">company statement<\/a>. The project consists of a beachfront resort and residential community in Aqaba, Jordan over 320 hectares. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The first phase will consist of 1.2 km of Red Sea beachfront and feature a set of residential towers dubbed the Zayed Riviera, a marina with 12.6k residential and 117 retail units, a hotel with serviced apartments, and a marketplace with 50 retail shops.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The Emirati port operator is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/aa28c3fc-d172-424a-bbcf-feeba9b3ff8e\/maqta-gateway-inks-shareholder-agreement-to-provide-aqaba-port-with-digital-system\" style=\"\" rel=\"noopener\">developing<\/a> a cruise terminal over 1.2 mn sqm of land in Marsa Zayed.<\/p>\n<p class=\"tag-border-left\">DEFENSE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>First <\/strong><strong>batch of French jets arriv<\/strong><strong>es in the UAE:<\/strong> The Defense Ministry received the first batch of Rafale fighter jets from France as part of an AED 63.6 bn agreement signed in 2021 between France and the UAE, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/news\/uae\/2025\/01\/30\/uae-receives-first-rafale-fighter-jets-under-dh63bn-deal-with-france\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. The UAE is buying 80 fighter jets from French aircraft manufacturer <a target=\"_blank\" href=\"https:\/\/www.dassault-aviation.com\/en\/\" style=\"\" rel=\"noopener\">Daussault Aviation<\/a> as part of the agreement. The defense partnership also includes a training program for military operations.<\/p>\n<p class=\"tag-border-left\">HEALTHCARE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MSD <\/strong><strong>opens <\/strong><strong>new Dubai office: <\/strong>Pharma company <a target=\"_blank\" href=\"https:\/\/www.msd.com\/\" style=\"\" rel=\"noopener\">MSD GCC<\/a> inaugurated a new office at Dubai Science Park, according to a <a target=\"_blank\" href=\"https:\/\/tecomgroup.ae\/press-release-biopharma-giant-msd-launch-of-new-office-in-dubai.html#:~:text=Dubai%20Science%20Park-,Biopharmaceutical%20giant%20MSD%20strengthens%20regional%20commitment%20to%20collaborative%20progress,of%20new%20office%20in%20Dubai&amp;text=MSD%2C%20a%20leading%20biopharmaceutical%20company,well%2Dbeing%20in%20the%20region.\" style=\"\" rel=\"noopener\">press release<\/a> from <a target=\"_blank\" href=\"https:\/\/tecomgroup.ae\/\" style=\"\" rel=\"noopener\">Tecom Group<\/a>, the developer of Dubai Science Park. The office will serve as a center for the company\u2019s operations, supporting research, clinical trials, and partnerships across the UAE and the region. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong>The <\/strong><strong>Health and Prevention Minis<\/strong><strong>try has launched a national licensing platform for <\/strong><strong>health professionals<\/strong>, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bhzf3c3-mohap-launches-unified-national-platform-for\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The platform streamlines licensing procedures, applies unified standards of accreditation, and standardizes professional practice licences that are valid across the UAE. We knew about the platform since <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/edition\/am\/5010afac-7ae0-4fe0-856a-3fbff07d67ae\" style=\"\" rel=\"noopener\">Arab Health last week<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>M42 <\/strong><strong>and RMS sign MoU to expand access to heart and lung transplants in Bahrain:<\/strong> State-owned health-tech firm M42 has inked an MoU with Bahrain's Royal Medical Services to expand access to heart and lung transplant procedures for patients in Bahrain, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/m42-and-bahrain-royal-medical-services-form-strategic-alliance-to-enhance-healthcare-in-the-region-j4nmh9ru\" style=\"\" rel=\"noopener\">press release<\/a>. The agreement will utilize services from Abu Dhabi's Cleveland Clinic Transplant Center. The MoU also covers supporting medical education, fellowship programs, laboratory diagnostics services, research initiatives, and technology deployment across the region.<\/p>\n<p class=\"tag-border-left\">LOGISTICS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai Trade launches Trade+ platform:<\/strong> DP World subsidiary Dubai Trade has launched Trade+, a digital delivery order platform that aims to enhance the efficiency and expedite trade operations across Dubai\u2019s supply chain and logistics sectors, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bhytnz4-dubai-trade-builds-next-generation-digital\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. The platform aims to streamline the digital exchange of cargo release documents between shipping lines, freight forwarders, and consignees, in a bid to cut transaction times by 90%, process higher trade volumes, and facilitate cross-border trade. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/air-arabia\/\">Air Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/digitization\/\">digitization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/flydubai\/\">FlyDubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/healthcare\/\">Healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/hospitality\/\">hospitality<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sharjah-airport\/\">Sharjah Airport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tech\/\">tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100305\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100305\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/indias-ipo-market-expected-to-raise-usd-23-bn-this-year\/\">\r\n                            India\u2019s IPO market expected to raise USD 23 bn this year despite macroeconomic headwinds                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/indias-ipo-market-expected-to-raise-usd-23-bn-this-year\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/indias-ipo-market-expected-to-raise-usd-23-bn-this-year\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/indias-ipo-market-expected-to-raise-usd-23-bn-this-year\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=India\u2019s IPO market expected to raise USD 23 bn this year&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/indias-ipo-market-expected-to-raise-usd-23-bn-this-year\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/indias-ipo-market-expected-to-raise-usd-23-bn-this-year\/&title=India\u2019s IPO market expected to raise USD 23 bn this year\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=India%E2%80%99s+IPO+market+expected+to+raise+USD+23+bn+this+year+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Findias-ipo-market-expected-to-raise-usd-23-bn-this-year%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/indias-ipo-market-expected-to-raise-usd-23-bn-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/133.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100306\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/indias-ipo-market-expected-to-raise-usd-23-bn-this-year\/133-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/133.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"133.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/133.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/133.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100305\" class=\"content-area-description single-story post-100305 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam-uae tag-financial-markets tag-fintech tag-india tag-ipo-watch tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.03220075-a672-4144-a71b-be496b18f587.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India is set for a major IPO year, with local firms expected to raise some USD 23 bn in <\/strong><strong>2025<\/strong> \u2014 up over USD 3 bn from last year\u2019s USD 19.6 bn \u2014 despite an economic slowdown and currency pressure, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/a5ee412f-34ca-430b-b294-39afb8ffba12\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports, citing Indian brokerage and asset management group Motilal Oswal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">By the numbers:<\/strong><span style=\"background-color: transparent;\"> At least seven companies are eyeing offerings exceeding USD 1 bn each, including online brokerage firm Groww, PayPal-backed fintech firm Pine Labs, SoftBank-backed eyewear company Lenskart, and the Indian arm of LG. Smaller debuts are also expected to add to the tally, with 34 companies already approved to raise USD 4.8 bn this year and another 55 in the pipeline that could raise an additional USD 11.4 bn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A possible debut for Mukesh Ambani\u2019s telecom business could dwarf all comers this <\/strong><strong>year: <\/strong>Reliance Jio, the telecom wing of Mukesh Ambani\u2019s sprawling Reliance Industries conglomerate, could see the country\u2019s largest IPO this year, though no timeline for the potential offering has been confirmed. Investment bankers speaking to the salmon-colored paper said that an offering could take place in 2H 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This year\u2019s high expectations follow a bumper crop in 2024: <\/strong>India topped global rankings for the number of IPOs last year, recording 336 offerings compared to the US\u2019 240, China\u2019s 96, and Hong Kong\u2019s 70.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Booming domestic investment is driving sentiment: <\/strong>The spate of IPOs comes as Indian corporations\u2019 equity valuations have been driven up by burgeoning domestic investment, particularly as the number of Indians who have accounts that enable them to invest in mutual funds has quadrupled to 180 mn over the last four years. This has made India\u2019s stock market the most expensive in the world, with listed companies\u2019 share price-to-earnings ratio \u2014 a measure of how fast a stock\u2019s price increases relative to its earnings potential \u2014 clocking in at an average of 20, signaling either an overvalued stock or strong investor confidence in a high growth rate. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Foreign investors, for their part, have<\/strong> <strong>balked at the relative expense of the market<\/strong>, withdrawing over USD 30 bn since October alone.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Macroeconomic headwinds are part of the puzzle:<\/strong> The Nifty 100 index of India\u2019s top stocks has dropped 12% since September, with GDP growth slowing to 5.4% y-o-y in 3Q 2024 \u2014 its lowest in nearly three years. The INR is under increasing pressure from a strong USD, while consumer spending and credit availability <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b667ccd3-b066-4308-8d6f-8ee0a08f635e\" style=\"\" rel=\"noopener\">have dropped<\/a> amid high inflation and an expansion in borrowing from India\u2019s already highly leveraged urban middle class.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The volatility is giving CEOs second thoughts about listing:<\/strong> Leading Indian founders are considering delaying listings in hopes that the market will perk up once again. \u201cI\u2019m already noticing in my one-on-one conversations that many [founders], if not all, are holding back the urgency in which they wanted to launch the IPO \u2014 they are happy to delay it by a month or two,\u201d head of institutional equities at Ambit Capital Nitin Bhasin told the FT.<\/p>\n<p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are mostly in the red in early trading this morning <\/strong>\u2014 the Nikkei is down 2.5%, the Hang Seng is down 2.0%, and the Kospi is down 2.8%. <\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,586<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0% (YTD: +1.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,180<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +0.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4347<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0% (YTD: +4.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.1% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.4% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">12,410<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% (YTD: +3.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EGX30<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">29,918<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: +0.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6041<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.5% (YTD: +2.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">8674<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.3% (YTD: +6.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5287<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +8.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 75.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas (Nymex)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.04<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2835.00<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.4%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 97,071<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-3.8% (YTD: +3.9%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The DFM rose 0.5% on Friday <\/strong>on turnover of AED 635.2 mn. The index is up 0.4% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Mashreqbank (+10.4%), Dubai Islamic Ins. and Reins. (+9.0%) and Al Ramz Corporation Investment and Development (+6.9%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Dubai Refreshment Company (-10.0%), Emirates Investment Bank (-10.0%) and Dubai Financial Market (-6.4%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the ADX<\/strong>, the index stayed flat on turnover of AED 1 bn. Nasdaq Dubai also stayed flat.<\/p>\n<p class=\"tag-border-left\">CORPORATE ACTIONS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The National Bank of Umm Al Quwain (NBQ) upped its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/78.pdf\" style=\"\" rel=\"noopener\">previously proposed<\/a><\/strong> <strong> 2024 <\/strong><strong>dividend payout from 15% to 18% of paid-up capital<\/strong>, according to an ADX <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/79.pdf\" style=\"\" rel=\"noopener\">disclosure<\/a>. The Central Bank of the UAE has given initial approval to NBQ\u2019s 2024 earnings and revised dividend plan, and the bank will release its annual financial statements once final approvals are obtained.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fintech\/\">fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/india\/\">India<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100307\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"100307\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/the-uaes-bilateral-discussions-with-the-eu-and-indonesia-wrap-up\/\">\r\n                            The UAE\u2019s bilateral discussions with the EU and Indonesia wrap up                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/the-uaes-bilateral-discussions-with-the-eu-and-indonesia-wrap-up\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/the-uaes-bilateral-discussions-with-the-eu-and-indonesia-wrap-up\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/the-uaes-bilateral-discussions-with-the-eu-and-indonesia-wrap-up\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The UAE\u2019s bilateral discussions with the EU and Indonesia wrap up&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/the-uaes-bilateral-discussions-with-the-eu-and-indonesia-wrap-up\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/the-uaes-bilateral-discussions-with-the-eu-and-indonesia-wrap-up\/&title=The UAE\u2019s bilateral discussions with the EU and Indonesia wrap up\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+UAE%E2%80%99s+bilateral+discussions+with+the+EU+and+Indonesia+wrap+up+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F03%2Fthe-uaes-bilateral-discussions-with-the-eu-and-indonesia-wrap-up%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/the-uaes-bilateral-discussions-with-the-eu-and-indonesia-wrap-up\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/105.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100308\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/the-uaes-bilateral-discussions-with-the-eu-and-indonesia-wrap-up\/105-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/105.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"105.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/105.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/105.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100307\" class=\"content-area-description single-story post-100307 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterpriseam-uae tag-trade tag-uae-indonesia-relations tag-uae-rwanda-relations wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.cb2668b0-af02-4249-9239-a0f3489a0812.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE ministers wrapped up key international visits <\/strong>over the weekend: <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Energy and Infrastructure Minister Suhail bin Mohammed Al Mazrouei and his delegation completed a visit to Indonesia<\/strong>, where they discussed strengthening bilateral relations and encouraging investments in food security, energy, transportation, and logistics, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bhzf3vz-uae-indonesia-review-consolidating-cooperation\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">#2- Political Affairs Assistant Minister Lana Nusseibeh concluded her visit to the European Union (EU),<\/strong><span style=\"background-color: transparent;\"> engaging with officials to foster UAE-EU cooperation in trade, economics, finance, and law, <\/span><a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15ea5xq-uae-assistant-minister-for-political-affairs\" rel=\"noopener\">Wam<\/a><span style=\"background-color: transparent;\"> reports. The visit also covered regional issues in Syria, Sudan, and Palestine, with a focus on stability.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>State Minister Shakhboot bin Nahyan Al Nahyan met Rwanda's President Paul Kagame <\/strong>and Foreign Minister Olivier Nduhungirehe in Kigali, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15ecb4c-shakhboot-bin-nahyan-meets-rwandan-president\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Discussions centered on bilateral relations, with highlights including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/542f693a-87fa-4b91-a160-35ea23ac6137\/hub71-launches-angel-investor-support-package\" style=\"\" rel=\"noopener\">an AED 92 mn loan<\/a> from the Abu Dhabi Fund for Development to Rwanda\u2019s government for enhancing water systems, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4f5c4979-4a00-4627-8067-d8386364fd74\/economy-minister-heads-uae-delegation-in-cairo\" style=\"\" rel=\"noopener\">counterterrorism MoU<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-indonesia-relations\/\">UAE-Indonesia relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-rwanda-relations\/\">UAE-Rwanda relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100309\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/03\/100309-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100309\" class=\"content-area-description single-story post-100309 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-6 February (Saturday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaifashionweek.org\/\" style=\"\">Dubai Fashion Week<\/a><\/span><span style=\"font-weight:400;\">, Dubai Design District. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-8 February (Saturday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mubadalaabudhabiopen.com\/\" style=\"\">The Mubadala Abu Dhabi Open<\/a><\/span><span style=\"font-weight:400;\">, Zayed Sports City's International Tennis Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2-3 February (Sunday-Monday): L\u2019Etape Dubai cycling race, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">3-4 February (Monday-Tuesday): The UAE-Kuwait Week, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-6 February (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.medlabme.com\/en\/home.html\" style=\"\">Medlab Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4-6 February (Tuesday-Thursday): AEEDC Dubai 2025, Dubai World Trade Center, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-6 February<\/span><span> (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aieverythingglobal.com\/home\" style=\"\">AI Everything Global<\/a><\/span><span style=\"font-weight:400;\">, The ST. Regis Saadiyat Island Resort, Abu Dhabi & Dubai Exhibition Center.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6 February (Thursday)<\/span><span>: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dwtc.com\/en\/events\/microsoft-ai-tour-2025\/\" style=\"\">Microsoft AI Tour 2025<\/a><\/span><span style=\"font-weight:400;\">, Atlantis, the Palm, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7 February-29 April (Friday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.abudhabifestival.ae\/programme-tickets\" style=\"\">The Abu Dhabi Festival<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-20 February (Saturday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bhs9wet-gov-games-rebranded-dubai-games\" style=\"\">Dubai Games 2025<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-11 February (Monday-Tuesday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mromiddleeast.aviationweek.com\/en\/home.html\" style=\"\">MRO Middle East and Aircraft Interiors Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-11 February (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/middleeast.breakbulk.com\/home\" style=\"\">BreakBulk Middle East<\/a><\/span><span style=\"font-weight:400;\">, the Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dwtc.com\/en\/events\/japan-kyoto-trade-exhibition-2025\/\" style=\"\">Japan Kyoto Trade Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Dubai Word Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 February<\/span><span> (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubai.worldofcoffee.org\/newfront\" style=\"\">World Of Coffee Dubai 2025<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">        <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">14 February (Friday): The deadline for the consultation period for the Securities and Commodities Authority's draft regulation on security tokens and commodity tokens.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16 February-1 March (Sunday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaidutyfreetennischampionships.com\/\" style=\"\">Dubai Dutyfree Tennis Championships<\/a><\/span><span style=\"font-weight:400;\">, Dubai Dutyfree Tennis Stadium in Al Garhoud.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16 February (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.idc-uae.com\/\" style=\"\">The International Defence Conference<\/a><\/span><span style=\"font-weight:400;\">,The Emirates Palace, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-21 February (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.idexuae.ae\/\" style=\"\">International Defence Exhibition (IDEX)<\/a><\/span><span style=\"font-weight:400;\"> in Abu Dhabi National Exhibition Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-21 February (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.navdex.ae\/\" style=\"\">Naval Defence Exhibition (NAVDEX)<\/a><\/span><span style=\"font-weight:400;\"> in Abu Dhabi National Exhibition Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-22 February (Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gulfood.com\/\" style=\"\">Gulfood<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-20 February (Wednesday-Thuraday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sharjah24.ae\/en\/Articles\/2025\/01\/30\/kmr11\" style=\"\">The International Conference on Reprographic Rights<\/a><\/span><span style=\"font-weight:400;\">, Sharjah.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-20 February<\/span><span> (Wednesday-Thuraday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/maltcongress.com\/\" style=\"\">Meetings Arabia & Luxury Travel (MALT) Congress<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi Convention & Exhibition Bureau. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-21 February (Wednesday-Friday):<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/idctconference.org\/\" style=\"\">International Dialogue of Civilizations & Tolerance Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi Energy Centre. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-23 February<\/span><span> (Wednesday- Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.boatshowdubai.com\/\" style=\"\">Dubai International Boat Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai Harbour. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 February (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gmevents.ae\/event\/3rd-world-passenger-experience-forum\/\" style=\"\">World Passenger Experience Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mena.gh2events.com\/\" style=\"\">Connecting Hydrogen MENA<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-27 February<\/span><span> (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/affiliateworldconferences.com\/dubai?utm_source=google&utm_medium=brand&utm_term=affiliate%20world%20dubai%202025&gad_source=1&gclid=CjwKCAiAzPy8BhBoEiwAbnM9O8mNfGFbW2V_EfDxeyByEd9ifmlmNus2frxAH3R1Udm8amMpXwqWyhoCC50QAvD_BwE\" style=\"\">Affiliate World Dubai 2025<\/a><\/span><span>, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28-29 February (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/investopia.ae\/events\/investopia-2024\/\" style=\"\">Investopia 2024<\/a><\/span><span style=\"font-weight:400;\">, the St. Regis, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28 February-29 March (Friday-Saturday): Ramadan. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in 1Q 2025:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">The first eight fronds of the Palm Jebel Ali will be site-ready, allowing for the commencement of villa infrastructure and civil works. <\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">18-19 March (Tuesday-Wednesday): US Federal Reserve\u2019s Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">31 March-2 April (Monday-Wednesday): Eid Al Fitr, national holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 April (Tuesday): New ADGM employment regulations come into effect.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 April (Tuesday): New personal status law comes into effect.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">6-11 April (Sunday-Friday): Geo-Spatial Week, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-10 April (Monday-Thursday) : <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.efghldg.com\/en\/conferences\" style=\"\">EFG Hermes One on One<\/a><\/span><span style=\"font-weight:400;\"> conference, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aimcongress.com\/\" style=\"\">AIM Investment Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Center<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.middleeast-energy.com\/en\/home.html\" style=\"\">Middle East Energy<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.who.int\/initiatives\/world-local-production-forum\" style=\"\">World Local Production Forum's 3rd edition<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.woodshowglobal.com\/dubai\" style=\"\">Dubai Woodshow\u2019s 21st Edition<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ipscongress.com\/\" style=\"\">IPS congress<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-26 April (Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sezdubai.com\/?trk=public_post_comment-text#why-should-i-attend\" style=\"\">Solana Economic Zone<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adghw.com\/\" style=\"\">The Abu Dhabi Global Health Week<\/a><\/span><span style=\"font-weight:400;\">, Adnec center, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 April (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfutureenergysummit.com\/\" style=\"\">World Future Energy Summit,<\/a><\/span><span style=\"font-weight:400;\">Abu Dhabi National Exhibition, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-25 April (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/december\/19-12\/dubai-ai-week\" style=\"\">The Dubai AI Week<\/a><\/span><span style=\"font-weight:400;\">, Museum of the Future and Area 2071, Emirates Towers, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22-24 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.domotex.de\/en\/about-us\/domotex-worldwide\/domotex-middle-east\/\" style=\"\">DOMOTEX Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 April-11 May (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dubaiesportsfestival.com\/en\/home\" style=\"\">Dubai Esports and Games Festival<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 April-1 May (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wtm.com\/atm\/en-gb.html\" style=\"\">The Arabian Travel Market<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28 April-2 May (Monday-Friday): The 64th Annual Conference of the International Federation of Ait Traffic Controllers\u2019 Associations (IFATCA)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in April:<\/span><\/p>\n<ul>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/a2rl.io\/autonomous-drone-race\" style=\"\">Abu Dhabi Autonomous Racing League<\/a><\/span><span style=\"font-weight:400;\">, Yas Marina Circuit in Abu Dhabi<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalportsforum.com\/dubai-to-host-gpf\/\" style=\"\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">6-7 May (Tuesday-Wednesday): US Federal Reserve\u2019s Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-16 May (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iuhpe2025-abudhabi.com\/#:~:text=This%20landmark%20event%20will%20take,advancing%20global%20health%20and%20wellbeing.\" style=\"\">International Union for Health Promotion and Education Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-15 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/cabsat.com\/\" style=\"\">Cabsat Middle East and Satellite Middle East,<\/a><\/span><span style=\"font-weight:400;\"> Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 May (Thursday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2024\/12\/2146.pdf\" style=\"\">The Economy Middle East Summit<\/a><\/span><span style=\"font-weight:400;\">, ADGM, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-18 May (Thursday-Sunday):<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conference.glafamily.com\/\" style=\"\">The GLA Global Logistics Conference<\/a><\/span><span style=\"font-weight:400;\">, Grand Hyatt Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 May (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gisec.ae\/\" style=\"\">GISEC<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-22 May (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/article\/b5xzjfz-fourth-edition-make-the-emirates-forum-2025-take\" style=\"\">Make it in the Emirates<\/a><\/span><span style=\"font-weight:400;\">, Adnec, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-22 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east-fintech\/index.stm\" style=\"\">Seamless Middle East 2025<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 May (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bhx1d02-abu-dhabi-host-euroleague-final-four-for-first\" style=\"\">EuroLeague Final Four<\/a><\/span><span style=\"font-weight:400;\">, Etihad Arena, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26-28 May (Monday-Wednesday): Arab Media Summit, World Trade Center, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">30 May (Friday): Arafat Day. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">31 May-2 June (Saturday-Monday): Eid Al Adha. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in May:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Asean and GCC summit, Malaysia.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">17-18 June (Tuesday-Wednesday): US Federal Reserve\u2019s Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/middle-east-rail\/index.stm\" style=\"\">Middle East Rail<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">27 June (Friday): Islamic New Year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in 2H 2025:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Closing of XRG's acquisition of Covestro<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">29-30 July (Tuesday-Wednesday): US Federal Reserve\u2019s Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-10 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/digihealth.ai\/\" style=\"\">DigiHealth exhibition<\/a><\/span><span style=\"font-weight:400;\">, World Trade Center, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">16-17 September (Tuesday-Wednesday): US Federal Reserve\u2019s Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">24-25 September (Wednesday-Thursday): Mohammed Bin Rashid Leadership Forum, Mohammed Bin Rashid Center for Leadership Development, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-16 October (Friday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.visitdubai.com\/en\/whats-on\/dhf\" style=\"\">Dubai Home Festival<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-15 October (Thursday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/iucncongress2025.org\/\" style=\"\">IUCN World Conservation Congres<\/a><\/span><span style=\"font-weight:400;\">s, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-19 October (Friday-Sunday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.realestateshow.ae\/\" style=\"\">International Real Estate and Investment Show<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">27-29 October (Monday-Wednesday): Asia Pacific Cities Summit, Dubai Exhibition Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28-29 October (Tuesday-Wednesday): US Federal Reserve\u2019s Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">18-19 November (Tuesday-Wednesday): Dubai Future Forum, Museum of the Future, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1-3 December (Monday-Wednesday): Eid Al Etihad (UAE National Day).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-5 December (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wfns2025.org\/\" style=\"\">The World Congress of Neurosurgery<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">9-10 December (Tuesday-Wednesday): US Federal Reserve\u2019s Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in 2025:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">The Middle East Electric Vehicle Show, Expo Center Sharjah. <\/span><\/li>\n<li><span style=\"font-weight:400;\">e& will complete Adnoc\u2019s private 5G network. <\/span><\/li>\n<li><span style=\"font-weight:400;\">Executive Committee Meeting (EXCOM 2025) conference of the World Smart Sustainable Cities Organisation (WeGO)<\/span><\/li>\n<li><span style=\"font-weight:400;\">The International Civil Aviation Organization\u2019s Global Implementation Support Symposium, Abu Dhabi. <\/span><\/li>\n<li><span style=\"font-weight:400;\">Universal Postal Congress 2025, Dubai.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in the fall of 2025:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">2025 Games of the Future, Dubai.<\/span><\/li>\n<li><span style=\"font-weight:400;\">ICOM General Conference 2025, Dubai<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in 2026:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">The UAE to host the Arab Competition Forum<\/span><\/li>\n<li><span style=\"font-weight:400;\">Dubai to host the Arab Actuarial Conference<\/span><\/li>\n<li><span>United Nations Water Conference 2026, UAE<\/span> <\/li>\n<li><span style=\"font-weight:400;\">9-11 January (Friday-Sunday): 1 Bn Followers Summit\u2019s fourth edition, UAE<\/span><\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>NMDC to invest in offshore wind | Omniyat secures loan from Nomura | Apollo invests USD 500 mn in Aldar<\/p>\n","protected":false},"featured_media":100280,"menu_order":0,"template":"","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-100279","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2fe22d0c-11ab-469c-8e20-9967823de960","teaser":"NMDC to invest in offshore wind | Omniyat secures loan from Nomura | Apollo invests USD 500 mn in Aldar","photo_url":"https:\/\/ent.news\/2024\/9\/845.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Al Habtoor mulls IPO for hospitality unit + Adnoc, OMV eye acquisition of Nova Chemicals - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Habtoor mulls IPO for hospitality unit + Adnoc, OMV eye acquisition of Nova Chemicals\" \/>\n<meta property=\"og:description\" content=\"NMDC to invest in offshore wind | Omniyat secures loan from Nomura | Apollo invests USD 500 mn in Aldar\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T02:45:06+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/845.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/\",\"name\":\"Al Habtoor mulls IPO for hospitality unit + Adnoc, OMV eye acquisition of Nova Chemicals - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/845.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-02-03T00:00:00+00:00\",\"dateModified\":\"2025-12-15T02:45:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/845.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/845.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/uae\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Al Habtoor mulls IPO for hospitality unit + Adnoc, OMV eye acquisition of Nova Chemicals\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Al Habtoor mulls IPO for hospitality unit + Adnoc, OMV eye acquisition of Nova Chemicals - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/","og_locale":"en_US","og_type":"article","og_title":"Al Habtoor mulls IPO for hospitality unit + Adnoc, OMV eye acquisition of Nova Chemicals","og_description":"NMDC to invest in offshore wind | Omniyat secures loan from Nomura | Apollo invests USD 500 mn in Aldar","og_url":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/","og_site_name":"UAE","article_modified_time":"2025-12-15T02:45:06+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/845.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/","url":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/","name":"Al Habtoor mulls IPO for hospitality unit + Adnoc, OMV eye acquisition of Nova Chemicals - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/845.jpg?fit=%2C&ssl=1","datePublished":"2025-02-03T00:00:00+00:00","dateModified":"2025-12-15T02:45:06+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/845.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/845.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/issues\/al-habtoor-mulls-ipo-for-hospitality-unit-adnoc-omv-eye-acquisition-of-nova-chemicals\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/uae\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Al Habtoor mulls IPO for hospitality unit + Adnoc, OMV eye acquisition of Nova Chemicals"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/100279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/100279\/revisions"}],"predecessor-version":[{"id":100328,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/100279\/revisions\/100328"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/100280"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=100279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=100279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=100279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}