{"id":100329,"date":"2025-02-04T00:00:00","date_gmt":"2025-02-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=100329"},"modified":"2025-12-15T02:45:59","modified_gmt":"2025-12-15T02:45:59","slug":"modon-acquires-londons-arena-events-invictus-snaps-up-mozambiques-merec-industries","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/modon-acquires-londons-arena-events-invictus-snaps-up-mozambiques-merec-industries\/","title":{"rendered":"Modon acquires London\u2019s Arena Events + Invictus snaps up Mozambique\u2019s Merec Industries"},"content":{"rendered":"<section id=\"100331\" 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=\"100331\">\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\/04\/this-morning-meta-rolls-out-meta-ai-in-the-mena-region-opec-maintains-oil-supply-cut-policy\/\">\r\n                            THIS MORNING: Meta rolls out Meta AI in the Mena region + Opec+ maintains oil supply cut policy                        <\/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\/04\/this-morning-meta-rolls-out-meta-ai-in-the-mena-region-opec-maintains-oil-supply-cut-policy\/\" 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(); 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margin: 0px; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><b>Good morning, lovely people. <\/b>We have another busy issue for you this morning, with plenty of M&amp;A updates and more data on the UAE\u2019s construction and real estate sectors in 2024. 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-<\/strong> <strong>Expect <\/strong><strong>sunshine today across the country<\/strong>, the <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/212.pdf\" style=\"\" rel=\"noopener\">National Center of Meteorology<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/212.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a> says. <strong>Dubai<\/strong> will see the mercury hit 23\u00b0C today, with an overnight low of 14\u00b0C, while temperatures will hit 22\u00b0C in <strong>Abu Dhabi<\/strong>, with an overnight low of 15\u00b0C.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>You can now use Meta\u2019s AI assistant, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.meta.ai\/\" style=\"\" rel=\"noopener\">Meta AI<\/a><\/strong><strong>, in the UAE and the wider<\/strong><strong> MENA region<\/strong>, after the company rolled out the tool in the region in Arabic, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/markets\/want-to-book-movie-tickets-or-plan-holidays-ask-meta-ai-on-whatsapp-instagram-facebook-1.500027886\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. You can access the tool through your Facebook or Instagram account, and you can also use it in group chats by tagging Meta in the chat. The tool was created with the open-source language model LIama 3.2 to generate text and create and animate images directly across Meta applications, including Facebook, Instagram, WhatsApp, and Messenger. <\/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=\"wwtt2\"><\/a> <strong>#1- <\/strong><strong>Permira <\/strong><strong>to open <\/strong><strong>Dubai office in 2025:<\/strong> UK-based private equity firm <a target=\"_blank\" href=\"https:\/\/www.permira.com\/\" style=\"\" rel=\"noopener\">Permira<\/a> will open an office at Dubai International Financial Center this year, the company said in a <a target=\"_blank\" href=\"https:\/\/www.permira.com\/news-and-insights\/announcements\/permira-bolsters-capital-formation-team-with-senior-appointments-new-dubai-office-planned-to-grow-strategic-partnerships-in-the-middle-east\" style=\"\" rel=\"noopener\">statement<\/a>. The move aims to strengthen Permira\u2019s presence in the Middle East and to work \u201cclosely with existing local and regional investors and [develop] new strategic partnerships,\u201d the statement said. The PE firm tapped Nader Salman (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/salmannader\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) as managing director and head of Middle East in its Capital Formation team. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Permira manages USD 81.8 bn in private equity and private credit<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-03\/uae-pe-firm-permira-set-to-bolster-middle-east-presence-with-dubai-office\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. The new office is awaiting approval from the Dubai Financial Services Authority, according to the statement.<\/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\"><a id=\"wwtt3\"><\/a> <strong>#2- <\/strong><strong>UAE <\/strong><strong>eyed for Trump-Putin summit: <\/strong>The UAE and Saudi Arabia are being considered as potential venues for a summit between US President Donald Trump and Russian President Vladimir Putin later this year, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/saudi-arabia-uae-seen-possible-venues-trump-putin-summit-two-russian-sources-say-2025-02-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing Russian sources familiar with the discussions. Senior Russian officials have visited both Gulf nations in recent weeks. Trump has previously indicated that he is willing to sit down with Putin to seek an end to the ongoing war in Ukraine.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Neutrality is a key factor: <\/strong>\u201cAlmost the entire West is involved on the side of Ukraine. Therefore, all the traditional venues where such things used to take place, like Helsinki, Geneva, and Vienna, are not suitable,\" Russian analyst Fyodor Lukyanov previously told Russian news agency TASS. However, some in Moscow remain cautious due to the UAE\u2019s and Saudi Arabia\u2019s close military and security ties with Washington, the sources added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The UAE has played a key mediating role in the Russia-Ukraine war. The country mediated the first prisoner exchange between Russia and Ukraine in 2025 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/455522e8-d9e6-413f-b4ca-cada49293a55\/uae-mediates-the-first-prisoners-exchange-between-russia-and-ukraine-in-2025\" style=\"\" rel=\"noopener\">in January<\/a>, with each side swapping 25 prisoners. To date, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/007a7e14-24d5-4852-9fc2-ac860604bdc8\/uae-mediates-tenth-russia-ukraine-prisoner-swap\" style=\"\" rel=\"noopener\">more than 2.4k prisoners<\/a> have been exchanged through UAE-brokered deals.<\/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>#3- <\/strong><strong>British beverage company Diageo is eyeing a local alcohol production facility <\/strong>\u2014 potentially including distilleries or breweries \u2014 as part of its 5-year expansion plan in the Mena region, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/business\/uae-diageo-eyes-local-alcohol-production-as-brand-reveals-gulf-expansion-plans\" style=\"\" rel=\"noopener\">Khaleej times<\/a> reports. Diageo is already producing under license in other parts of Mena and expects local production in the UAE is \u201cnot [a question of] if but when,\u201d according to the company\u2019s managing director, Antoinette Drumm.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- We might be getting another local brewery in Dubai:<\/strong> In <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/87c61a7f-f08f-47c6-afc6-eac05b11c1ca\/dubai-is-getting-the-gulf%25e2%2580%2599s-first-large-scale-brewery-%2B-adgm%25e2%2580%2599s-assets-under-management-grew-more-than-200%2525-in-3q\" style=\"\" rel=\"noopener\">November 2024<\/a>, Sirocco \u2014 a joint venture between Heineken and Dubai Maritime Mercantile International \u2014 revealed plans to establish the Gulf\u2019s first large-scale commercial brewery in Dubai, set to launch by late 2027.<\/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\"><strong>#1- <\/strong><strong>Parking <\/strong><strong>tariffs in Al Sufouh 2\u2019s Zone F have increased nearly two-fold<\/strong>, impacting motorists in Barsha Heights, Dubai Media City, Dubai Internet City, and Knowledge Village, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/living-in-uae\/transport\/dubai-increases-parking-fees-in-al-sufouh-2s-zone-f-heres-what-motorists-need-to-know-1.500027598\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. The new rates are:<\/p>\n<ul>\n<li>AED 2 for 30 minutes<\/li>\n<li>AED 4 for 1 hour<\/li>\n<li>AED 4 extra for each additional hour, topping out at AED 32 for 24 hours.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- You can now pay electricity and water bills, telecom fees, and Salik and parking <\/strong><strong>charges with monthly installments through Tabby<\/strong>, after the Dubai government integrated the buy now, pay later (BNPL) platform into payment gateway DubaiPay, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/markets\/now-pay-dubai-government-fees-and-fines-in-easy-instalments-1.500027754\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. <\/p>\n<p class=\"tag-border-left\">DATA POINT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai South w<\/strong><strong>elcomed 415 new companies in 2024<\/strong>, bringing the total number of companies operating in the aviation and logistics development district to 4k with a retention rate of 94% for existing companies, according to a Dubai Media Office <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/february\/03-02\/dubai-south-concludes\" style=\"\" rel=\"noopener\">statement<\/a>. <\/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 will wrap up today <\/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\u2019s round of 32 continues today at Zayed Sports City. <\/strong>The big games to watch out for today: <\/p>\n<ul>\n<li>Starting 11am: Renata Zaraz\u00faa vs. Magda Linette; Belinda Bencic vs. Rebecca \u0160ramkov\u00e1; and Leylah Fernandez vs. Moyuka Uchijima;<\/li>\n<li>After 5pm: Ons Jabeur vs. Jelena Ostapenko, and Mark\u00e9ta Vondrou\u0161ov\u00e1 vs. Emma Raducanu<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">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 style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.medlabme.com\/en\/home.html\" style=\"\" rel=\"noopener\">Medlab<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.medlabme.com\/en\/home.html\" style=\"\" rel=\"noopener\"><\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.medlabme.com\/en\/home.html\" style=\"\" rel=\"noopener\">Middle East<\/a><\/strong><strong> is in full swing until 6 February<\/strong> at Dubai World Trade Center. The event is a platform for attendees to explore the latest innovations in medical lab technologies, diagnostics, and research. It features the participation of laboratory manufacturers, healthcare experts, procurement professionals, suppliers, and distributors from across the region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/aieverythingglobal.com\/home\" style=\"\" rel=\"noopener\">AI<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/aieverythingglobal.com\/home\" style=\"\" rel=\"noopener\">Everything<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/aieverythingglobal.com\/home\" style=\"\" rel=\"noopener\">Global<\/a><\/strong><strong> kicks off today at the St. Regis Saadiyat Island Resort, Abu <\/strong><strong>Dhabi<\/strong>, and will continue on 5 and 6 February at the Dubai Exhibition Center. The event brings together policymakers, industry leaders, and tech pioneers to explore AI\u2019s transformative role across many industries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/aeedc.com\/\" style=\"\" rel=\"noopener\">The International Dental Conference and Arab Dental Exhibition<\/a><\/strong><strong>kicks off today and <\/strong><strong>will wrap up on Thursday<\/strong> at the Dubai World Trade Center. The event hosts visitors, brands, companies, speakers, lectures, seminars, scientific discussions, and country pavilions showcasing dental innovations.<\/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 flurry of executive orders is still the primary focus of international news headlines this <\/strong><strong>morning<\/strong>, from delaying tariffs to creating a new US sovereign fund, to latest updates on the campaign targeting US foreign aid.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Crisis averted (for now): <\/strong>North American leaders managed to reach last-minute agreements with Trump, postponing tariffs on Canada and Mexico for 30 days, pending negotiations. Canadian Prime Minister Justin Trudeau said his country will deploy technology and manpower to curb the flow of immigration and fentanyl across the border, while Mexico\u2019s Sheinbaum is deploying 10k National Guard troops to \u201cstop drug trafficking from Mexico.\u201d Meanwhile, the US committed to curbing the flow of high-powered weaponry to Mexico.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China is still in the fray<\/strong>, however, as 10% tariffs are still set to take effect within a few hours. Trump is to speak with China\u2019s Xi Jinping this week to reach an agreement, otherwise \u201ctariffs are going to go substantially higher,\u201d Trump said yesterday. (<a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/02\/03\/us\/trump-tariffs\" style=\"\" rel=\"noopener\">NYTimes<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/628f137c-f950-4731-8764-ba1fed2e4a9e\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/trump-warns-tariffs-china-may-increase-2025-02-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/feb\/03\/donald-trump-trade-tariffs-eu-mexico-canada-china-us-politics-live\" style=\"\" rel=\"noopener\">The Guardian<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump also signed an executive order yesterday to establish a sovereign wealth fund<\/strong>, with US Treasury Secretary Scott Bessent saying we could see the US fund created within a year. The proposed fund could strike partnerships with \u201cvery wealthy people\u201d and help finance the purchase of TikTok from China\u2019s ByteDance, with an eventual target to rival investments deployed by big players like Saudi Arabia. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-03\/trump-signs-action-to-create-sovereign-wealth-fund-in-next-year\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cvgm81x2d3ko\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/trump-tiktok-wealth-fund-saudi-arabia-b71c92cb0deb1eb39352cd1cd4db4b98\" style=\"\" rel=\"noopener\">Associated Press<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- The embattled US Agency for International Development (USAID) seems to <\/strong><strong>be rapidly approaching a reckoning. <\/strong>The agency\u2019s website has gone down, with some of its top officials put on leave. Secretary of State Marco Rubio appointed himself acting director of the agency, and confirmed earlier reports that USAID will be absorbed by the State Department.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The attack on USAID is part of a wider campaign on federal government in the US helmed <\/strong><strong>by Trump\u2019s efficiency tsar Elon Musk, <\/strong>who referred to the agency as a \u201ccriminal organization\" and a \u201cradical-left political psy op.\u201d (<a target=\"_blank\" href=\"http:\/\/ft\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e95a1a1b-32f1-430c-89eb-799f9fd05af0\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/02\/03\/us\/politics\/musk-federal-government.html\" style=\"\" rel=\"noopener\">NY Times<\/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\"> MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>Opec+ sticks to its guns:<\/strong> Opec+ decided to maintain its policy of capping oil supply in 1Q before starting to ramp up output in April, according to an Opec <a target=\"_blank\" href=\"https:\/\/www.opec.org\/opec_web\/en\/press_room\/7444.htm\" style=\"\" rel=\"noopener\">statement<\/a> issued following the conclusion of yesterday\u2019s Joint Ministerial Monitoring Committee (JMMC) meeting. The meeting also handled members\u2019 compliance as well as compensation plans for past overproduction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The group is so far not heeding Trump\u2019s calls to <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/3552e765-51f2-4e66-899e-e14cbb7d9be3\/almajal-alarabi-group-%2B-smc-hospitals-each-mull-tadawul-ipos\" style=\"\" rel=\"noopener\">increase output and lower prices to<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/3552e765-51f2-4e66-899e-e14cbb7d9be3\/almajal-alarabi-group-%2B-smc-hospitals-each-mull-tadawul-ipos\" style=\"\" rel=\"noopener\">USD 60-70 per barrel<\/a><\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-03\/opec-sticks-to-supply-plan-even-as-trump-seeks-oil-price-cut\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. \u201cI don\u2019t expect OPEC+ to heed Trump\u2019s demands, or requests \u2014 whichever way you want to see it,\u201d Vanda Insights founder Vandana Hari told the business information service. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Opec+ initially planned to begin phasing out production cuts in October, but later <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6fd1f54f-2a08-4db2-bb29-95548d661e52\/nmdc-energy-closes-aed-3.2-bn-ipo-with-31x-oversubscription-rate%3B-shares-start-trading-11-september\" style=\"\" rel=\"noopener\">pushed the plans back<\/a> as oil prices fell. Production increases are now <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a0a751a7-5133-419f-8caa-13e422350794\" style=\"\" rel=\"noopener\">slated to<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a0a751a7-5133-419f-8caa-13e422350794\" style=\"\" rel=\"noopener\">begin in April 2025<\/a> and to be gradually implemented until the end of 2026. <\/p>\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\/energy\/\">energy<\/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 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\r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100334\" 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=\"100334\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/modon-buys-into-londons-arena-events\/\">\r\n                            Modon buys into London\u2019s Arena Events                        <\/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\" 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class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/modon-buys-into-londons-arena-events\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/248.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100335\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/modon-buys-into-londons-arena-events\/248-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/248.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"248.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/248.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/248.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100334\" class=\"content-area-description single-story post-100334 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseam-uae tag-ma-watch 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\/.51421acc-ca96-4b62-bac9-db527ea12f84.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Modon agrees to acquire London\u2019s Arena Events from IHC + KSA\u2019s Tasheel: <\/strong>ADQ-backed developer <a target=\"_blank\" href=\"https:\/\/www.modon.com\/\" style=\"\" rel=\"noopener\">Modon Holding<\/a> has entered into a definitive agreement with Abu-Dhabi based conglomerate <a target=\"_blank\" href=\"https:\/\/www.ihcuae.com\/davos\/index.html\" style=\"\" rel=\"noopener\">IHC<\/a> and Saudi Arabia\u2019s <a target=\"_blank\" href=\"https:\/\/www.tasheel.com\/\" style=\"\" rel=\"noopener\">Tasheel Holding Group<\/a> to acquire London\u2019s <a target=\"_blank\" href=\"https:\/\/arena-ev.com\/\" style=\"\" rel=\"noopener\">Arena Events Group<\/a>, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/211.pdf\" style=\"\" rel=\"noopener\">a press release (pdf)<\/a>. The transaction \u2014 for which the value is still undisclosed \u2014 is expected to close by the end of next month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Who owns what: <\/strong><span style=\"background-color: transparent;\">Theta Bidco, the parent company and sole owner of Arena Events, is currently 70% owned by IHC and 30% owned by Tasheel. Upon fruition, Modon Holding will own 100% of the large-scale events management company. <\/span><strong style=\"background-color: transparent;\">Also worth noting: <\/strong><span style=\"background-color: transparent;\">IHC Group, one of the sellers, is also a majority shareholder in the buyer Modon Holding.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale:<\/strong> \u201cThe acquisition\u2026represents its [Modon] first significant entry into North America, which is the largest revenue generating region for Arena, housing almost half of its +1k global workforce,\u201d the statement reads.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Abu Dhabi-based real estate developer has been making a global push recently<\/strong>, with the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b430b3f8-5644-4fb9-9c14-e8b408e9e083\/%253cmark%253emodon%253c%2Fmark%253e-acquires-luxury-real-estate-firm-in-spain-%2B-julphar-sells-insulin-api-manufacturing-subsidiary\" style=\"\" rel=\"noopener\">acquisition<\/a> of Spanish real estate company La Zagaleta and inking an agreement in October to become the master developer on the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0126828b-cefb-47f2-99e2-f21420679026\/%253cmark%253emodon%253c%2Fmark%253e-holding-appointed-as-master-developer-for-egypt%25e2%2580%2599s-ras-el-hekma-as-megaproject-kicks-into-gear\" style=\"\" rel=\"noopener\">USD 35 bn Ras El Hekma megaproject<\/a> in Egypt. Its subsidiary, Adnec\u2019s Excel London, also recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5004a191-e068-49a4-b69c-1933e6246d34\/adq-completes-acquisition-of-stake-in-sotheby%25e2%2580%2599s\" style=\"\" rel=\"noopener\">acquired London\u2019s BDCG Holdings,<\/a> which owns the Business Design Center venue in north London. The developer also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/376d78f3-95ba-4b84-bbf7-0d8557a28384\/modon-holding-acquires-50%2525-stake-in-london-office-tower-under-new-jv--with-broadgate\" style=\"\" rel=\"noopener\">acquired<\/a> a 50% stake in London\u2019s skyscraper project <a target=\"_blank\" href=\"https:\/\/broadgate.co.uk\/2-finsbury-avenue\" style=\"\" rel=\"noopener\">2 Finsbury Avenue<\/a> under a newly-formed 50-50 JV with <a target=\"_blank\" href=\"https:\/\/broadgate.co.uk\/our-approach-to-tax\" style=\"\" rel=\"noopener\">Broadgate REIT<\/a> last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Arena Events:<\/strong> Founded in 2007, the event solutions provider operates across over 10 countries including the US, UK, and Saudi Arabia. Its ventures included delivering large-scale solutions for the 2024 Paris Olympics, Formula 1 races (in Abu Dhabi, Jeddah, Las Vegas, Miami and Austin), Wimbledon and the T20 World Cup in New York. Arena is also a key partner of major golf tour operators PGA of America and LIV Golf, which is backed by the Saudi sovereign wealth fund PIF. <\/p>\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\/ma-watch\/\">M&amp;A WATCH<\/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=\"100336\" 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=\"100336\">\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\/04\/adx-listed-invictus-acquires-mozambiques-merec-industries\/\">\r\n                            ADX-listed Invictus acquires Mozambique\u2019s Merec Industries                        <\/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\/04\/adx-listed-invictus-acquires-mozambiques-merec-industries\/\" 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(); 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The size and terms of the agreement were not disclosed, but the company bought the shares from Amethis Fund II and Merec Financial. <\/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 rationale:<\/strong><span style=\"background-color: transparent;\"> \u201cThe acquisition is expected to add significant scale and synergies between the two companies, increasing our consolidated revenues by over AED 1 bn (USD 272 mn) annually. It will also accelerate other investments and the expansion of our trading activities, fuelling substantial EBITDA growth, which is projected to more than double in 2025,\u201d said Amir Daoud Abdellatif, CEO of Invictus. It also comes as the company looks to boost downstream and midstream segments, particularly in high-potential African markets, the statement added.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tapping into the right markets: <\/strong>Mozambique is shaping up to be a prime market for wheat-based products, with a projected CAGR of 6% in wheat demand from 2022 to 2027, fueled by urbanization, population growth, rising incomes, and shifting consumer habits. Meanwhile, the pasta market has even stronger potential, with a forecasted 9.5% CAGR, as evolving dietary preferences drive a surge in consumption. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not Invictus\u2019 first rodeo in Africa: <\/strong>Invictus nabbed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1e9c1f9c-7161-4ee3-9c3b-261ef26184ff\" style=\"\" rel=\"noopener\">a 60% stake<\/a> in Moroccan agriculture trader Graderco last year, as it looks to ramp up its acquisitions and JVs in North and East Africa, including Morocco, Algeria, Kenya, Tanzania, and Mozambique. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Merec: <\/strong>The Mozambique-born company owns and operates milling facilities in Beira, Maputo, and Nacala with a total production capacity of 800k metric tons (mt) of wheat and corn flour annually, alongside processing facilities for 180k mt of pasta, biscuits, and animal feed per year. Its grain storage infrastructure includes silos with a capacity of 145k mt. Merec also owns a grain terminal at the port of Maputo. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market r<\/strong><strong>eax<\/strong><strong>: <\/strong>Ghitha\u2019s shares were up 0.5% yesterday to settle at AED 24.8. <\/p>\n<p class=\"tag-border-left\">OTHER M&amp;A NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Amass <\/strong><strong>submits offer to subscribe to Osool ESB capital increase shares: <\/strong>Abu Dhabi-based <a target=\"_blank\" href=\"https:\/\/www.amassinvestments.ae\/\" style=\"\" rel=\"noopener\">Amass Investments<\/a> has submitted a binding offer to subscribe EGP 100 mn (AED 7.3 mn) to the capital increase shares that will be issued by EGX-listed brokerage <a target=\"_blank\" href=\"https:\/\/ebl.osoolonline.com\/etrade\/\" style=\"\" rel=\"noopener\">Osool ESB Securities Brokerage<\/a> in a private placement, according to two separate filings to the exchange <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/181.pdf\" style=\"\" rel=\"noopener\">here (pdf)<\/a> and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/180.pdf\" style=\"\" rel=\"noopener\">here (pdf)<\/a>. The companies have yet to disclose the size of the planned capital increase, but the fair value price will be determined by an independent financial advisor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who owns what:<\/strong> It is worth noting that Osool Holding holds <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/200.pdf\" style=\"\" rel=\"noopener\">a 74.2% stake (pdf)<\/a> in the listed company, while another substantial shareholder has an 8.6% stake. Only c. 25% of the company is on free-float.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A deposit in good faith:<\/strong> The Emirati firm has transferred the full amount they are willing to invest to Osool\u2019s bank account, which will remain in escrow until Osool makes a decision to accept or reject the offer. Osool will hold a general meeting on Thursday to evaluate the offer.  <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax: <\/strong>Osool EBS\u2019 shares rose 20% to EGP 0.92 a share by the end of trading yesterday.<\/p>\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\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/invictus\/\">Invictus<\/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\/modon\/\">Modon<\/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=\"100338 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=\"100338\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/100338-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100338\" class=\"content-area-description single-story post-100338 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\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=\"100339\" 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=\"100339\">\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\/04\/emirates-earmarks-usd-90-bn-for-fleet-expansion-by-2032\/\">\r\n                            Emirates earmarks USD 90 bn for fleet expansion by 2032                        <\/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\/04\/emirates-earmarks-usd-90-bn-for-fleet-expansion-by-2032\/\" 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\/04\/emirates-earmarks-usd-90-bn-for-fleet-expansion-by-2032\/')\">\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\/04\/emirates-earmarks-usd-90-bn-for-fleet-expansion-by-2032\/\">\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=Emirates earmarks USD 90 bn for fleet expansion by 2032&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/emirates-earmarks-usd-90-bn-for-fleet-expansion-by-2032\/\">\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\/04\/emirates-earmarks-usd-90-bn-for-fleet-expansion-by-2032\/&title=Emirates earmarks USD 90 bn for fleet expansion by 2032\">\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=Emirates+earmarks+USD+90+bn+for+fleet+expansion+by+2032+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F04%2Femirates-earmarks-usd-90-bn-for-fleet-expansion-by-2032%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\/04\/emirates-earmarks-usd-90-bn-for-fleet-expansion-by-2032\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/243.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100340\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/emirates-earmarks-usd-90-bn-for-fleet-expansion-by-2032\/243-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/243.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"243.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/243.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/243.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100339\" class=\"content-area-description single-story post-100339 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-airbus tag-boeing tag-emirates tag-enterpriseam-uae 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\/.0bfb4572-1157-4407-8594-74a980478c44.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Emirates <\/strong><strong>plans to invest USD 80-90 bn to expand its fleet with 315 new <\/strong><strong>aircraft by 2032<\/strong>, comprising 240 Boeing 777X\/787s, 65 Airbus A350s, and 10 cargo planes, Chief Commercial Officer Adnan Kazim told EnterpriseAM at the opening ceremony of Emirates World\u2019s store in Egypt. The airline has already received three Airbus A350s, with five more expected in the next three months, Kazim said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>Back in October, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cb902262-3bec-4fd0-9060-c338e46e50b4\/abu-dhabi-to-get-mandarin-oriental-branded-project\" style=\"\" rel=\"noopener\">Emirates ordered five additional Boeing 777 freighters<\/a>, set for delivery in 2025-2026, bringing its total freighter orderbook to 21.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Boeing delays have forced the need for fleet upgrades:<\/strong><span style=\"background-color: transparent;\"> Emirates is facing significant <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a936eda1-ddd4-4c47-9ae4-a2ac8df9afb2\/this-morning:-opec%2B-cuts-oil-demand-growth-forecasts-for-2024-and-2025-%2B%253cmark%253e-emirates%253c%2Fmark%253e-prepares-for-serious-talks-with%253cmark%253e-boeing%253c%2Fmark%253e-over-777x-delays\" rel=\"noopener\">delivery delays from Boeing<\/a><span style=\"background-color: transparent;\">, with Emirates\u2019 President Tim Clark saying he does not expect the 777X aircraft to enter commercial operations before 2026, pushing the airline to extend the service life of its current fleet. The carrier also allocated over USD 3 bn to upgrade 200 aircraft over the next three years, including the introduction of premium economy cabins, with 40 aircraft already refurbished, Kazim told us.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The carrier is growing its network: <\/strong>Emirates currently serves 148 destinations \u2014 including 140 passenger and eight cargo \u2014 and aims to exceed 170 by 2030, Kazim said. The airline has 162 agreements with other carriers, including 33 codeshares and more than 115 interline agreements, giving it access to 1.7k destinations. In Africa, Emirates operates 161 weekly flights to 20 destinations through partnerships with five codeshare and 18 interline partners, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It had a strong year amid Red Sea disruptions:<\/strong> The carrier\u2019s cargo business benefited from shipping disruptions in the Red Sea, which redirected high-value goods like electronics, pharma goods, and fresh produce to air freight, Kazim said. On the passenger side, high winter demand pushed its seat load factor above 90% in 3Q 2024, while the entire six-month period ending in September saw it land at around 80%, he added. Key growth routes included UK, India, Saudi Arabia, and Egypt. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It is also <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-creates-us-200-million-aviation-sustainability-fund\/\" style=\"\" rel=\"noopener\">investing<\/a><\/strong><strong> over USD 200 mn in sustainable aviation fuel<\/strong> (SAF), while actively testing SAF-powered flights from Singapore, Amsterdam, and London. The airline is committed to achieving net-zero emissions by 2050, though Kazim emphasized the limited availability and high cost of SAF, calling for government support to scale production.<\/p>\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\/airbus\/\">Airbus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates\/\">Emirates<\/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=\"100341\" 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=\"100341\">\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\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/samsung-to-build-first-methanol-plant-in-uae\/\">\r\n                            Samsung to build first methanol plant in UAE                        <\/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\/04\/samsung-to-build-first-methanol-plant-in-uae\/\" 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\/04\/samsung-to-build-first-methanol-plant-in-uae\/')\">\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\/04\/samsung-to-build-first-methanol-plant-in-uae\/\">\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=Samsung to build first methanol plant in UAE&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/samsung-to-build-first-methanol-plant-in-uae\/\">\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\/04\/samsung-to-build-first-methanol-plant-in-uae\/&title=Samsung to build first methanol plant in UAE\">\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=Samsung+to+build+first+methanol+plant+in+UAE+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F04%2Fsamsung-to-build-first-methanol-plant-in-uae%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\/04\/samsung-to-build-first-methanol-plant-in-uae\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/177.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100342\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/samsung-to-build-first-methanol-plant-in-uae\/177-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/177.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"177.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/177.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/177.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100341\" class=\"content-area-description single-story post-100341 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-adnoc tag-adq tag-energy tag-enterpriseam-uae tag-samsung 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\/.dbfef36c-d202-4bd7-8e37-faed1aea131d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Ta\u2019ziz \u2014 a joint venture <\/strong><strong>between Adnoc and ADQ \u2014 awarded Samsung E&amp;A a USD 1.7 bn engineering, procurement, and construction (EPC) contract<\/strong> to build the UAE's first green methanol plant in Al Ruwais Industrial Complex in Abu Dhabi, according to a <a target=\"_blank\" href=\"https:\/\/www.samsungena.com\/en\/newsroom\/news\/view?idx=15676&amp;currentPageNo=1\" style=\"\" rel=\"noopener\">press release<\/a>. The contract\u2019s duration is 44 months. The facility \u2014 to be built in the Ta\u2019ziz Industrial Chemicals Zone in Al Ruwais \u2014 will have an annual production capacity of 1.8 mn tons.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What we know about the project:<\/strong><span style=\"background-color: transparent;\"> Ta\u2019ziz <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/343aabf1-bca9-4f97-a2c8-59e4a31f1ccd\/the-uae-has-its-sights-set-on-a-lower-emissions-methanol-plant\" rel=\"noopener\">signed a shareholder agreement<\/a><span style=\"background-color: transparent;\"> with Switzerland-headquartered Proman for the project in 2023. Most of the chemicals manufactured in the plant will be produced in the UAE for the first time and are presumably chemicals for which methanol is feedstock. Some AED 18 bn (over USD 5 bn) will be invested in the first phase of development.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ta\u2019ziz + Adnoc are going all in on methanol and ammonia: <\/strong>Ta\u2019ziz awarded logistics company Advario and the UAE\u2019s NMDC Group EPC AED 2 bn contracts in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/48e6b2d3-4cbc-4656-a4bf-135878765665\/adipec-day-three:-more-agreements-from-adnoc\" style=\"\" rel=\"noopener\">November<\/a> to develop critical chemicals infrastructure in Al Ruwais, which would serve as an export hub for Adnoc\u2019s chemical productions and service the company\u2019s ammonia and methanol facilities in the complex. The contracts are part of a chemicals infrastructure push to support Adnoc\u2019s ambitions to become one of the top five chemicals producers in the world.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also in the pipeline: <\/strong>T\u2019aziz also signed a shareholder agreement in January 2023 with Fertiglobe, Korea\u2019s GS Energy Corporation, and Japan\u2019s Mitsui &amp; Co for a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a7ee2a39-7450-4ac3-be27-eea643fe8ecf\" style=\"\" rel=\"noopener\">low-carbon ammonia factory<\/a> in the UAE with an annual capacity of around 1 mn tons. <\/p>\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\/adq\/\">ADQ<\/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\/samsung\/\">Samsung<\/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=\"100343\" 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=\"100343\">\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\">REAL ESTATE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/dubai-sets-new-record-for-usd-10-mn-home-sales-in-2024\/\">\r\n                            Dubai sets new record for USD 10 mn+ home sales 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\/04\/dubai-sets-new-record-for-usd-10-mn-home-sales-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(); 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Demand for USD 25 mn+ homes also remained strong, with 4Q 2024 recording 15 transactions, one short of the all-time quarterly high set in 3Q 2023. This surge was driven by strong international demand and Dubai\u2019s rising population, which surpassed 3.8 mn, a 4.6% y-o-y increase.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Luxury home sales peaked in 4Q<\/strong><span style=\"background-color: transparent;\">, with 153 transactions recorded \u2014 the highest-ever quarterly figure \u2014 accounting for over 35% of the year's total sales. Dubai\u2019s prime residential market saw average prices rise 6% y-o-y to over AED 6.6k per sqft. Palm Jumeirah homes led the surge, with prices reaching AED 7.3k per sqft, marking a 15% y-o-y increase.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Supply constraints remained a challenge:<\/strong> Luxury property listings dropped 40% y-o-y in 2024, with fewer than 2.5k homes available, down from 4.1k in 2023. While 3Q saw a slight recovery, 4Q listings still declined 14% y-o-y to 805 homes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Villas remained the cornerstone of the luxury segment<\/strong>, comprising 68.5% of all USD 10 mn+ sales in 2024, up from 52% in both 2022 and 2023. Villa values jumped 20.2% during the year, nearly doubling from 1Q 2020 levels, and signaling persistent supply shortages. Overall, house prices climbed 19.1% y-o-y.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Off-plan luxury sales also dominated<\/strong>, making up 52% of USD 10 mn+ transactions. The top three developers \u2014 Omniyat, Nakheel, and Emaar Properties \u2014 accounted for 46% of these transactions. Emaar\u2019s The Oasis \u2013 Lavita was the year\u2019s most sought-after development, with 29 out of 43 villas sold for over USD 10 mn since launching in 3Q 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By district: <\/strong>Palm Jumeirah topped Dubai\u2019s ultra-luxury market, recording 127 transactions worth nearly USD 2.3 bn, accounting for 29% of all USD 10 mn+ sales and over 32.5% of the market\u2019s total value. Palm Jebel Ali followed with 36 high-end sales in 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In terms of transaction value<\/strong>, Emirates Hills ranked second with USD 514.5 mn in transactions (7.3% of the market), followed by Jumeirah Bay Island (6.7%), District One (6.6%), and Dubai Hills Estate (6.2%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Dubai\u2019s broader property market also had a standout year in 2024<\/strong>, recording AED 423.4 bn in residential sales across 168k transactions, up 42.4% y-o-y, according to a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7487ef16-33d3-40f8-ab60-a3cf121ff5e9\/%253cmark%253edubai%253c%2Fmark%253e%253cmark%253e-real%253c%2Fmark%253e%253cmark%253e-estate%253c%2Fmark%253e-market-records-aed-116.5-bn-in-sales-in-4q-2024\" style=\"\" rel=\"noopener\">previous Springfield Properties report<\/a>. Off-plan units led the market, accounting for 68% of total sales, while properties priced between AED 1 mn and AED 2 mn saw a 71% surge in demand. Average apartment prices rose 65% since 2020, with villa and townhouse prices more than doubling.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead: <\/strong>While price growth is expected to be moderate in 2025, Dubai\u2019s relative affordability compared to other global luxury hubs is expected to keep demand steady in the high-end real estate market, Knight Frank said. Continued wealth migration and supply squeezes are also likely to sustain price appreciation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Knight Frank previously forecasted that Dubai\u2019s residential prices will rise by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/effa129f-34c4-4be5-9b7a-39350354b277\/dubai-home-prices-to-rise-8%2525-next-year--%253cmark%253eknight-frank%253c%2Fmark%253e.\" style=\"\" rel=\"noopener\">8% in 2025<\/a>, down from a 20% surge in 2024, with others forecasting an increase in supply over the next two to three years to contribute to market stabilization.<\/p>\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\/knight-frank\/\">Knight Frank<\/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=\"100345\" 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=\"100345\">\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\">CONSTRUCTION<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/uae-awarded-construction-contracts-worth-usd-121-bn-in-2024-bnc\/\">\r\n                            UAE awarded construction contracts worth USD 121 bn in 2024 -BNC                        <\/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\/04\/uae-awarded-construction-contracts-worth-usd-121-bn-in-2024-bnc\/\" 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(); 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This accounted for 44.5% of the total value of contracts awarded in the GCC, which amounted to USD 271.4 bn. Contracts in the UAE were spread across five key sectors: industrial facilities, oil and gas, transportation, real estate, and utilities.<\/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 breakdown:<\/strong><span style=\"background-color: transparent;\"> Real estate led the way with USD 66 bn, representing 54% of the total value. The oil and gas sector followed with USD 33.3 bn, accounting for 27.6% of the total. Utilities reached USD 9.2 bn, making up 7.7% of the total, while the transportation sector amounted to USD 9 bn, contributing 7.4%. Industrial contracts totaled USD 3.6 bn, representing 3% of the total.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the regional front:<\/strong> Looking at the broader GCC, construction contracts were distributed across the following sectors: USD 104.3 bn for real estate, USD 87 bn for oil and gas, USD 49.3 bn for utilities, USD 21.3 bn for transportation, and USD 9.5 bn for industrial projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How do the estimates compare? <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bf88a413-6dd2-4161-b538-0fcf2731071e\/uae-saw-projects-decline-9.5%2525-last-year\" style=\"\" rel=\"noopener\"><\/a><\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bf88a413-6dd2-4161-b538-0fcf2731071e\/uae-saw-projects-decline-9.5%2525-last-year\" style=\"\" rel=\"noopener\">Kamco Invest<\/a> pegged the total value of UAE contracts during 2024 at USD 84.1 bn, with construction accounting for 47.5% of the total (USD 40 bn). Meanwhile, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/41c94377-f198-4d0c-98b4-548e9c9cbd57\/the-uae-has-a-pipeline-of-some-usd-659-bn-in-construction-projects\" style=\"\" rel=\"noopener\">Emirates NBD\u2019s<\/a> estimates show that the UAE awarded some USD 83 bn in new project contracts in 2024 including construction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The outlook for 2025 remains positive<\/strong>, with the construction boom in the UAE expected to continue. Any potential slowdown is anticipated to be mild, CEO of BNC Network Avin Gidwani told Al Etihad. This forecast aligns with projections from Emirates NBD, which estimates a pipeline of USD 659 bn in construction projects. Meanwhile, Mordor Intelligence predicts a 5% compound annual growth rate (CAGR) for the UAE\u2019s infrastructure sector from 2025 to 2030, driven by projects in transportation, renewable energy, and real estate.<\/p>\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\/construction\/\">CONSTRUCTION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/infrastructure\/\">infrastructure<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100347\" 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=\"100347\">\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\">CABINET WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/uae-cabinet-greenlights-new-federal-logistics-council-cybersecurity-strategy-and-more\/\">\r\n                            UAE cabinet greenlights new federal logistics council, cybersecurity strategy, and more                        <\/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\/04\/uae-cabinet-greenlights-new-federal-logistics-council-cybersecurity-strategy-and-more\/\" 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(); 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Here is a rundown of the decisions:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">#1- New logistics council: <\/strong><span style=\"background-color: transparent;\">The cabinet approved the establishment of the Emirates Council for Logistics Integration, which will unify federal and local logistics entities such as ports, customs, roads, rail, to grow the sector\u2019s value from AED 129 bn in 2023 to AED 200 bn by 2031. It aims to streamline trade policies and eliminate redundancies across emirates. The council will be chaired by Energy Minister Suhail Al Mazrouei.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- National cybersecurity strategy: <\/strong>A national cybersecurity strategy was also greenlit, with five main pillars: a framework for governance, protection of the digital environment, secure and fast innovation, capability-building, and local as well as international partnerships. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also approved at the meeting:<\/strong><\/p>\n<ul>\n<li><strong>Talent Attraction Strategy 2031<\/strong>, targeting key sectors like tech, financial services, logistics, healthcare, and renewables;<\/li>\n<li><strong>National Geospatial Data Polic<\/strong><strong>y<\/strong>, aimed at standardizing spatial data management for federal decision-making;<\/li>\n<li><strong>A slew of international agreements<\/strong>, including tax treaties with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ae3d1096-b3c0-468b-b3ff-ace045576200\/uae-president-encourages-arab-chinese-cooperation-in-beijing-%2B%253cmark%253e-dual%253c%2Fmark%253e-tax-agreement-with-qatar\" style=\"\" rel=\"noopener\">Qatar<\/a> and Kuwait and investment pacts with Australia and Jordan;<\/li>\n<li><strong>Bi-directional charging guidelines<\/strong>, including a regulatory framework for grid stability and clean energy transition;<\/li>\n<li><strong>Industrial Property Grievance Committee<\/strong> and a reconstituted <strong>Sports Coordination Council<\/strong>. <\/li>\n<\/ul>\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\/cabinet-watch\/\">CABINET WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/cybersecurity\/\">Cybersecurity<\/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\/transport\/\">transport<\/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=\"100349\" 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=\"100349\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/fintech-startup-myne-raises-usd-2-mn-in-pre-seed-funding\/\">\r\n                            Wealth-tracking startup Myne raises USD 2 mn in pre-seed funding                        <\/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\/04\/fintech-startup-myne-raises-usd-2-mn-in-pre-seed-funding\/\" 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\/04\/fintech-startup-myne-raises-usd-2-mn-in-pre-seed-funding\/')\">\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\/04\/fintech-startup-myne-raises-usd-2-mn-in-pre-seed-funding\/\">\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=Fintech startup Myne raises USD 2 mn in pre-seed funding&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/fintech-startup-myne-raises-usd-2-mn-in-pre-seed-funding\/\">\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\/04\/fintech-startup-myne-raises-usd-2-mn-in-pre-seed-funding\/&title=Fintech startup Myne raises USD 2 mn in pre-seed funding\">\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=Fintech+startup+Myne+raises+USD+2+mn+in+pre-seed+funding+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F04%2Ffintech-startup-myne-raises-usd-2-mn-in-pre-seed-funding%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\/04\/fintech-startup-myne-raises-usd-2-mn-in-pre-seed-funding\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/240.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100350\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/fintech-startup-myne-raises-usd-2-mn-in-pre-seed-funding\/240-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/240.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"240.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/240.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/240.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100349\" class=\"content-area-description single-story post-100349 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-investment tag-startup-watch tag-startups 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\/.7b19783d-7bea-4078-842b-8c4efc874e64.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Fintech <\/strong><strong>startup<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/joinmyne.com\/\" style=\"\" rel=\"noopener\">Myne<\/a><\/strong><strong> raised USD 2 mn in pre-seed funding<\/strong> led by <a target=\"_blank\" href=\"https:\/\/scene.com.sa\/\" style=\"\" rel=\"noopener\">Sce<\/a><a target=\"_blank\" href=\"https:\/\/scene.com.sa\/\" style=\"\" rel=\"noopener\">ne Holding<\/a>, with participation from <a target=\"_blank\" href=\"https:\/\/raz.sa\/\" style=\"\" rel=\"noopener\">Raz Holding<\/a>, <a target=\"_blank\" href=\"https:\/\/plus.vc\/\" style=\"\" rel=\"noopener\">Plus VC<\/a>, <a target=\"_blank\" href=\"https:\/\/annexinvestments.com\/\" style=\"\" rel=\"noopener\">Annex Investments<\/a>, and strategic angel investors, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/173.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The funds will be used to scale operations, enhance technology infrastructure, and support Myne\u2019s regional expansion, starting with the UAE, Saudi Arabia, and the wider GCC market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">About Myne: <\/strong><span style=\"background-color: transparent;\">Founded in 2024 by Karim Chouman <\/span><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/karim-chouman-998aa76\/?originalSubdomain=ae\" rel=\"noopener\">(Linkedin)<\/a><span style=\"background-color: transparent;\">, Myne is a wealth and asset tracking platform designed to help individuals and businesses consolidate and manage their financial assets across multiple sources, including banks, stocks, crypto wallets, and exchanges, according to the statement. The platform offers real-time market updates, budgeting tools, and estate planning services, aiming to simplify financial management and empower users to track and protect their wealth.<\/span><\/p>\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\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startups\/\">startups<\/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=\"100351\" 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=\"100351\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/more-support-for-proptech-crypto-payments-for-real-estate\/\">\r\n                            More support for proptech + crypto payments for real estate?                        <\/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\/04\/more-support-for-proptech-crypto-payments-for-real-estate\/\" 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\/04\/more-support-for-proptech-crypto-payments-for-real-estate\/')\">\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\/04\/more-support-for-proptech-crypto-payments-for-real-estate\/\">\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 support for proptech + crypto payments for real estate?&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/more-support-for-proptech-crypto-payments-for-real-estate\/\">\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\/04\/more-support-for-proptech-crypto-payments-for-real-estate\/&title=More support for proptech + crypto payments for real estate?\">\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+support+for+proptech+%2B+crypto+payments+for+real+estate%3F+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F04%2Fmore-support-for-proptech-crypto-payments-for-real-estate%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\/04\/more-support-for-proptech-crypto-payments-for-real-estate\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/231.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100352\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/more-support-for-proptech-crypto-payments-for-real-estate\/231-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/231.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"231.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/231.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/231.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100351\" class=\"content-area-description single-story post-100351 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-blockchain tag-crypto tag-dubai tag-dubai-land-department tag-energy tag-enterpriseam-uae tag-infrastructure tag-keyper tag-manufacturing tag-real-estate tag-shipping tag-us-uae-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\/.49745afa-7859-44e0-a503-d251ae93c4ff.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Diez<\/strong><strong>, DLD to boost digital integration in real estate: <\/strong>The Dubai Integrated Economic Zones Authority (Diez) and Dubai Land Department (DLD) partnered to accelerate research, development, and technological innovation in real estate, focusing on property technology (proptech), <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bi0lypd-diez-dubai-land-department-collaborate-support\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The initiative aims to support the Dubai Research, Development, and Innovation Grant Initiative launched in September, which identifies proptech, smart mobility, traffic management, and smart grids as priority sectors under the Cognitive Cities framework. <\/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 two entities will collaborate on programs to promote AI and real estate technology adoption among startups, facilitate investor access, and support venture capital funding for early-stage startups. DIEZ will provide business licensing, visa support, office spaces, administrative and legal assistance, and startup funding through its investment arm Oraseya Capital, while DLD will lead training, mentorship, and market access initiatives.<\/span><\/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>Keyper <\/strong><strong>collaborates with Dubai First + FAB on rent payment program: <\/strong>Tenants can now pay rent through proptech company <a target=\"_blank\" href=\"https:\/\/www.realkeyper.com\/\" style=\"\" rel=\"noopener\">Keyper<\/a> \u2019s property management platform using First Abu Dhabi Bank (FAB) or Dubai First Mastercard credit cards, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/keyper-partners-with-first-abu-dhabi-bank-and-dubai-first-to-transform-rent-payments-orhdibrv\" style=\"\" rel=\"noopener\">press release<\/a>. The collaboration, which facilitates access to Keyper\u2019s Rent Now, Pay Later (RNPL) program, aims to promote financial flexibility and align rent payments with tenants' monthly income cycles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>The Dubai Land Department tapped Keyper <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cb902262-3bec-4fd0-9060-c338e46e50b4\/abu-dhabi-to-get-mandarin-oriental-branded-project\" style=\"\" rel=\"noopener\">in October<\/a> to use its property management platform to allow tenants to pay their rent via debit and credit cards, with options to pay in installments of up to 12 months. <\/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>#3- <\/strong><strong>Klickl<\/strong> <strong>and Imkan p<\/strong><strong>artner on crypto payments for real estate: <\/strong>ADGM-based Web3 banking services provider <a target=\"_blank\" href=\"https:\/\/www.klickl.com\/\" style=\"\" rel=\"noopener\">Klickl<\/a> partnered with Abu Dhabi-based property developer <a target=\"_blank\" href=\"https:\/\/www.imkan.ae\/projects\" style=\"\" rel=\"noopener\">Imkan<\/a> to facilitate real estate purchases with cryptocurrency, <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/news\/CONS_430543.html\" style=\"\" rel=\"noopener\">Trade<\/a><a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/news\/CONS_430543.html\" style=\"\" rel=\"noopener\">Arabia<\/a> reports. Klickl\u2019s payment processing system will allow Imkan\u2019s local and international customers to invest via both fiat conversion payments and cryptocurrencies including Bitcoin, Ethereum, and stablecoins. <\/p>\n<p class=\"tag-border-left\">INFRASTRUCTURE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Brazilian <\/strong><strong>electric motor manufacturer Weg<\/strong><strong> will provide integrated drive solutions to <\/strong><strong>support Adnoc\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2023\/adnoc-and-taqa-announce-project-for-sustainable-water-supply-to-onshore\" style=\"\" rel=\"noopener\">USD 2.4 bn oil and gas project<\/a><\/strong>, which aims to decarbonize its onshore operations, <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/news\/OGN_430550.html\" style=\"\" rel=\"noopener\">Trade Arabia<\/a> reports. The project will replace a high-salinity deep aquifer system with a renewable-powered seawater treatment facility, cutting energy consumption by up to 30% during water injection procedures. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The facility, powered entirely by renewable energy, will process 110 mn imperial gallons per day of nano-filtered seawater<\/strong> via a 75 km transportation network and 230 km of distribution pipelines. Weg expects to deliver the drive packages by September 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It wouldn\u2019t be the first for Adnoc + Weg: <\/strong>In December, Weg <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\">secured an agreement<\/a> to supply Adnoc with technical equipment for its USD 3 bn oil pipeline connecting Jebel Dhanna to Fujairah. <\/p>\n<p class=\"tag-border-left\">ENERGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US <\/strong><strong>+ UAE to boost energy<\/strong><strong> collaboration: <\/strong>The Energy and Infrastructure Ministry signed an MoU with the US Energy Department to enhance energy sector collaboration and economic ties, it said in a <a target=\"_blank\" href=\"https:\/\/x.com\/MOEIUAE\/status\/1886334637745508846\" style=\"\" rel=\"noopener\">statement<\/a> on X. The two sides aim to enhance cooperation in carbon capture, utilization, and storage (CCUS), reducing methane emissions, nuclear energy, energy efficiency, smart grids, planning for energy end-use, and advanced energy modelling.<\/p>\n<p class=\"tag-border-left\">INS.-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ECI <\/strong><strong>joins<\/strong><strong> Dubai\u2019s KYC Blockchain platform: <\/strong>The UAE\u2019s federal export credit company Etihad Credit Insurance (ECI) became the first ins. entity to join the KYC Blockchain platform, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/etihad-credit-insurance-joins-the-kyc-blockchain-platform-rva50j48\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KYC Blockchain? <\/strong>The platform \u2014 led by the Dubai Department of Economy and Tourism \u2014 enables secure and streamlined customer verification for financial institutions, allowing data sharing between institutions, according to the statement. The platform already includes major financial institutions such as Emirates NBD Bank, Abu Dhabi Commercial Bank, and First Abu Dhabi Bank.<\/p>\n<p class=\"tag-border-left\">DISPUTE WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirati-owned Raven Russia said that all 16 warehouses of Russia\u2019s largest warehouse <\/strong><strong>owner have been turned over to the Russian state<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/russian-court-hands-uae-owned-warehouse-assets-over-russian-state-company-says-2025-02-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a company statement. The company cited a court decision it labeled as unlawful and groundless in a statement, adding that the closed-to-journalists proceedings were marked by procedural violations. An appeal was set for 11 March. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What happened? <\/strong>Raven Russia, majority-owned by UAE company Lorenia Holdings, said the warehouses were identified as transport terminals operating under natural monopoly conditions and subject to transfer to Rosimushchestvo, Russia\u2019s federal property management agency. Since an April 2023 decree, Russia has placed several foreign-owned assets under Rosimushchestvo\u2019s management and forced asset sales to selected buyers.<\/p>\n<p class=\"tag-border-left\">MANUFACTURING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MIG <\/strong><strong>+ NIP opens <\/strong><strong>precast concrete factory in Dubai:<\/strong> Private investment firm MIG Holding inaugurated one of the largest precast concrete factories in the Middle East at Dubai\u2019s National Industries Park (NIP), covering 2.2 mn sq ft, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bi0lyy7-mig-holding-nip-unveil-middle-east%E2%80%99s-largest\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The facility includes a 750k sq ft production area and an 800k sq ft storage yard, with an annual production capacity exceeding 700k cubic m. <\/p>\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\/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\/blockchain\/\">Blockchain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/crypto\/\">CRYPTO<\/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\/dubai-land-department\/\">Dubai Land Department<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/keyper\/\">Keyper<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/manufacturing\/\">MANUFACTURING<\/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\/shipping\/\">shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/us-uae-relations\/\">US-UAE 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=\"100353\" 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=\"100353\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/04\/markets-react-to-the-impending-trump-tariffs\/\">\r\n                            Markets react to the impending Trump tariffs                        <\/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\/04\/markets-react-to-the-impending-trump-tariffs\/\" 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(); 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Japan\u2019s Nikkei fell 2.7% during yesterday\u2019s trading, the FTSE 100 was down 1.0%, Kospi fell 2.5%, while the S&amp;P 500 closed down 0.8%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">A better performance than initially expected: <\/strong><span style=\"background-color: transparent;\">The tariffs on Mexican, Canadian, and Chinese imports were set to take effect at midnight before US President Donald Trump paused the 25% tariff on Mexican and Canadian imports for a one-month period. The move had markets performing better than initially expected.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investors are hopeful that the tariffs will never see the light: <\/strong>\u201cCall us deluded, but we still think that permanent tariffs on the US\u2018s allies (Canada, Mexico) will not be a thing \u2026 That\u2019s because concessions are an \u2018easier\u2019 way to deal with Trump\u2019s \u2018problems\u2019 (from a cost-benefit and game-theoretic perspective), and Trump likes to make deals,\u201d Macquarie\u2019s Thierry Wizman said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Markets aside, the tariffs will have a broader economic impact<\/strong>, possibly hurting \u201cthe economies of the US and its neighbors while putting upward pressure on inflation,\u201d <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/02\/03\/wall-street-economists-react-trumps-tariffs-to-raise-inflation-and-lower-economic-growth.html\" style=\"\" rel=\"noopener\">CNBC<\/a> writes. \u201cOur economists expect that fully implemented tariffs would have meaningful consequences. A recession in Mexico becomes the base case,\u201d one Morgan Stanley strategist said, pointing to increased inflation and lower economic growth. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is the EU next in line for the Trump tariff?<\/strong> Trump told reports that levies on goods coming from the EU could be introduced \u201c <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cn4zgx808g7o\" style=\"\" rel=\"noopener\">very soon<\/a>.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All of the international pages had coverage of the new: <\/strong><a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c70kn4676p4o\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/stock-market-trump-tariffs-5f365936ea9bdf45a0460556f3a5f4e8\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/02\/02\/stock-market-today-live-updates.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/currencies\/yuan-hits-record-low-mexican-peso-canadian-dollar-tumble-trump-tariffs-2025-02-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/33ffe193-df55-4fc9-849b-96ccb0d50aaf\" style=\"\" rel=\"noopener\">FT<\/a> <\/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>After a rocky start to the week<\/strong>, Asian markets are in the green in early trading this morning \u2014 the Nikkei is up 1.5%, the Hang Seng is up 2.8%, and Kospi is looking at gains of 1.8%.<\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\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>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\">9,576<\/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: +1.7%)<\/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>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\">5,183<\/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: +0.5%)<\/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>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\">4,352<\/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: +4.5%)<\/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-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>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\">4.3% 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>TASI<\/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\">12,377<\/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: +2.8%)<\/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\">29,755<\/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\">-0.6% (YTD: -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>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\">5,995<\/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\">-0.8% (YTD: +1.9%)<\/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>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\">8,584<\/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\">-1.0% (YTD: +5.0%)<\/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>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\">5,218<\/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\">-1.3% (YTD: +6.6%)<\/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>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 75.41<\/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-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>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 3.35<\/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\">+10.1%<\/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>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 2,857<\/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\">+0.8%<\/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>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 101,932<\/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\">+5.1% (YTD: +9.0%)<\/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 ADX fell 0.1% yesterday<\/strong> on turnover of AED 1 bn. The index is up 1.7% 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>National Bank of Fujairah (+11.9%), Commercial Bank International (+7.3%) and Abu Dhabi National Ins. Company (+4.3%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Apex Investment (-9.9%), Abu Dhabi National Hotels (-5.8%) and Bildco (-5.6%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the DFM<\/strong>, the index rose 0.1% on turnover of AED 657.2 mn. Nasdaq Dubai also closed up 0.1%.<\/p>\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\/planet-finance\/\">PLANET FINANCE<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100355\" 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\/04\/100355-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100355\" class=\"content-area-description single-story post-100355 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;\">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>, 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 (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>, 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 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-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:left;padding-right:0\"><span>6-8 February (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/swaacelso2025.com\/\" style=\"\">SWAAC ELSO Annual Conference 2025<\/a><\/span><span style=\"font-weight:400;\">, Conrad Hotel Abu Dhabi.<\/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 (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>14-16 February (Friday-Sunday): The UAE Muay Thai Championship, Space 42 Arena, Abu Dhabi.<\/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 (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>19-20 February (Wednesday-Thuraday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.idc.com\/mea\/events\/71538-idc-middle-east-cio-summit-2025\" style=\"\">18th annual IDC Middle East CIO Summit<\/a><\/span><span style=\"font-weight:400;\">, the Grand Hyatt Dubai.<\/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 (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 (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 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>28-29 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>9-11 January (Friday-Sunday): 1 Bn Followers Summit\u2019s fourth edition, UAE<\/span><\/li>\n<\/ul>\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>UAE awarded construction contracts worth USD 121 bn in 2024 | Modon acquires London\u2019s Arena Events | Cabinet approves logistics, cybersecurity, and infrastructure initiatives<\/p>\n","protected":false},"featured_media":100330,"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-100329","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"85db5ab2-2660-43af-b313-f04a68f7ee67","teaser":"UAE awarded construction contracts worth USD 121 bn in 2024 | Modon acquires London\u2019s Arena Events | Cabinet approves logistics, cybersecurity, and infrastructure initiatives","photo_url":"https:\/\/ent.news\/2024\/9\/179.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium 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