{"id":100945,"date":"2025-02-21T00:00:00","date_gmt":"2025-02-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=100945"},"modified":"2025-12-15T02:57:08","modified_gmt":"2025-12-15T02:57:08","slug":"adnoc-sells-4-stake-in-adnoc-gas","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/adnoc-sells-4-stake-in-adnoc-gas\/","title":{"rendered":"Adnoc sells 4% stake in Adnoc Gas"},"content":{"rendered":"<section id=\"100947\" 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=\"100947\">\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            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            <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/998.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100948\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/this-morning-uae-eyes-usd-10-bn-investments-in-indonesian-renewables-ad-ports-will-not-be-operating-turkeys-alsancak-port\/998-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/998.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"998.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/998.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/998.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100947\" class=\"content-area-description single-story post-100947 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-ad-ports tag-dragon-oil tag-ma-watch tag-renewables tag-transport tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.6786c931-7892-4c1e-b0c9-4139f2f2c663.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>We\u2019ve finally reached the end of another long and busy week of news, and we\u2019re capping it off with yet another packed issue. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The big story of the day is Adnoc\u2019s sale of a 4% stake in Adnoc Gas <\/strong>to institutional investors, nearly a year after doing the same for its drilling unit. <strong>Plus:<\/strong> Alpha Data could raise up to AED 600 mn from its IPO; 2PointZero acquired Egyptian fintech Maseera; and Damac priced its USD 750 mn Reg S sukuk amid strong demand. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- We have an interesting My Morning Routine read for you this morning<\/strong> with US growth-focused asset manager Polen Capital\u2019s new managing director and head of Middle East and Asia, Omar Sultani. We spoke with him following the news of the launch of Polen\u2019s office in Abu Dhabi this week, after the firm secured the Financial Services Permission to operate in ADGM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sultani dives into the reasons why Abu Dhabi was the place to be for Polen Capital<\/strong>, as opposed to financial hubs in Riyadh or Dubai, as well as insights into various investment strategies \u2014 including the private credit hype \u2014 and Polen\u2019s plans in the region. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- Expect a sunny day that might make way for showe<\/strong><strong>rs later in the evening<\/strong>, according to our favorite weather app and the National Center of Meteorology\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2065.pdf\" style=\"\" rel=\"noopener\">forecast (pdf)<\/a>. <strong>Dubai<\/strong> will see the mercury hit an unseasonably warm 32\u00b0C today, with an overnight low of 19\u00b0C, while temperatures will hit 24\u00b0C in <strong>Abu Dhabi<\/strong>, with an overnight low of 20\u00b0C.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a><strong> #1- The UAE is considering investing USD 10 bn in over 10 GW of renewable energy<\/strong> <strong>projects in Indonesia<\/strong>, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/71367\/%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%AF%D8%B1%D8%B3-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A8%D9%85%D8%B4%D8%A7%D8%B1%D9%8A%D8%B9-%D8%B7%D8%A7%D9%82%D8%A9-%D9%85%D8%AA%D8%AC%D8%AF%D8%AF%D8%A9-%D9%81%D9%8A-%D8%A5%D9%86%D8%AF%D9%88%D9%86%D9%8A%D8%B3%D9%8A%D8%A7\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reported, citing statements from Indonesian National Economic Council Chairman Luhut Binsar Pandjaitan after meeting with the UAE\u2019s Energy and Infrastructure Minister Suhail Al Mazrouei.&nbsp;at a Bloomberg event. The investment could be channeled through Indonesia\u2019s new investment fund, Dhanantara, which oversees infrastructure projects and can form JVs with foreign firms, Pangaitan said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">REMEMBER- <\/strong><a target=\"_blank\" href=\"https:\/\/www.ega.ae\/\" rel=\"noopener\">Emirates Global Aluminium<\/a><span style=\"background-color: transparent;\"> (EGA) is also <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/00f55d5c-361a-4458-a025-c4144237f447\/this-morning:-new-visa-rules-for-indian-nationals-%2B-dubai-smart-rental-index-makes-90-day-notice-period-for-rent-hikes-a-requirement\" rel=\"noopener\">set<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/00f55d5c-361a-4458-a025-c4144237f447\/this-morning:-new-visa-rules-for-indian-nationals-%2B-dubai-smart-rental-index-makes-90-day-notice-period-for-rent-hikes-a-requirement\" rel=\"noopener\">to explore<\/a><span style=\"background-color: transparent;\"> alternative clean energy developments in Indonesia.<\/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>Dragon<\/strong><strong> Oil eyes further investments in Egypt as overdue payments shrink: <\/strong>Dragon Oil, a subsidiary of Emirates National Oil Company (Enoc), is exploring new opportunities in Egypt\u2019s oil sector as the Egyptian government continues to make good on its overdue payments, CEO Ali Al Jarwan told Asharq Business (<a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/71332\/%D8%AF%D8%B1%D8%A7%D8%BA%D9%88%D9%86-%D8%A3%D9%88%D9%8A%D9%84-%D8%AA%D8%A8%D8%AD%D8%AB-%D8%B9%D9%86-%D9%81%D8%B1%D8%B5-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D8%A8%D8%B9%D8%AF-%D8%AA%D9%82%D9%84%D8%B5-%D9%85%D8%B3%D8%AA%D8%AD%D9%82%D8%A7%D8%AA%D9%87%D8%A7-%D8%A7%D9%84%D9%85%D8%AA%D8%A3%D8%AE%D8%B1%D8%A9\/\" style=\"\" rel=\"noopener\">watch, runtime 5:00<\/a>) on the sidelines of the Egypt Energy Show (EGYPS).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dragon Oil remains committed to investing USD 500 mn in Egypt in 2025 <\/strong>for operational and capital expenditures and is actively seeking further expansion opportunities, Al Jarwan said, adding that Egypt's investment environment has become more attractive as the government continues to clear outstanding payments.<\/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=\"wwtt2\"><\/a> <strong>#3- AD Ports will not be operating Turkey\u2019s Alsancak Port after talks f<\/strong><strong>ell through <\/strong>for undisclosed reasons,Turkish Transport Minister Abdulkadir Uraloglu told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-20\/turkey-talks-for-port-deal-with-abu-dhabi-fail-minister-says?embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. Turkey was looking to secure a partner for its Western port who can invest capital to expand it, yet after \u201clong negotiations with an investor from the Gulf,\u201d no agreement was reached, adding that there are no ongoing discussions with any other investors at present. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> We first heard rumblings about AD Port\u2019s interest in acquiring the port back <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1d0125d9-53e4-4583-9fb1-f616762099ca\/could-turkey%25e2%2580%2599s%253cmark%253e-alsancak%253c%2Fmark%253e-port-operating-rights-be-sold-to-gulf-states%3F\" style=\"\" rel=\"noopener\">in 2023<\/a>, when Turkey announced plans to sell the operating rights for the port and that it was in talks with GCC countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Alsancak Port:<\/strong> The port is owned by Turkish sovereign wealth TWF and is operated by TC State Railways General Directorate (TCDD). Located in the Aegean city of Izmir, the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1d0125d9-53e4-4583-9fb1-f616762099c\" style=\"\" rel=\"noopener\">635k sqm port can handle up to 1.2 mn TEU containers of cargo<\/a> and 1.4 mn tons of general and bulk dry cargo annually.<\/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>#4- <\/strong><strong>Driverless <\/strong><strong>taxis on<\/strong><strong> Dubai\u2019s roads by 2026: <\/strong>Dubai Taxi plans to roll out its first autonomous taxi service in the emirate by 1Q 2026, and is working with the Roads and Transport Authority to ensure compliance and operational readiness, CEO Mansoor Alfalasi told <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/markets\/2025\/02\/20\/dubai-taxi-company-plans-to-launch-driverless-service-in-2026-ceo-says\/\" style=\"\" rel=\"noopener\">The National<\/a>. The company is also considering partnerships with multiple car manufacturers to optimize safety and profitability.<\/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=\"wwtt4\"><\/a> <strong>#5- Gulfnav draws closer to acquiring Brooge\u2019s assets: <\/strong>Shareholders of DFM-listed Gulf Navigation (Gulfnav) are scheduled to vote on the shipping company\u2019s proposed acquisition of all of Brooge Energy\u2019s subsidiaries and assets on Thursday, 13 March, it said in <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2046.pdf\" style=\"\" rel=\"noopener\">a disclosure (pdf)<\/a> to the exchange. The move will see Gulfnav <a target=\"_blank\" href=\"https:\/\/broogeenergy.com\/press-releases\/gulfnav-submits-proposal-to-acquire-all-of-the-businesses-and-assets-of-brooge-energy-limited\/\" style=\"\" rel=\"noopener\">fully take over<\/a>&nbsp;Brooge Petroleum and Gas Investment Company and Brooge Petroleum and Gas Investment Company Phase 3. It's unclear whether Brooge's Brooge Renewable Energy is included in the offer.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The acquisition is a share swap agreement: <\/strong>Gulfnav plans to issue 358.8 mn new shares to Brooge Energy with a one-year lock-up period, alongside AED 2.3 bn in mandatory convertible bonds set to be converted into shares. Additionally, a separate AED 500 mn convertible bond issuance will be allocated to existing shareholders with the rump offering, if any, set to be limited to major shareholders. The company will also pay AED 460 mn in cash to settle the transaction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Gulfnav <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5da4d7d8-fb11-4388-b8ea-ff93766649c4\" style=\"\" rel=\"noopener\">submitted a proposal<\/a> earlier last year for the structure of the acquisition of oil storage outfit Brooge Petroleum and Gas Investment Company to the Securities and Commodities Authority, after submitting a proposal to fully acquire the company from Brooge Energy back in October 2023. The acquisition was initially expected to close in 4Q 2023. <\/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=\"wwtt5\"><\/a> <strong>#6- UAE launches real-time platform to monitor prices of essential goo<\/strong><strong>ds:<\/strong> The UAE Economy Ministry launched a real-time digital platform to monitor prices of nine essential goods \u2014 including rice, dairy, sugar, and wheat \u2014 across 90% of the domestic retail market, aiming to enforce government price caps and combat inflation, <a target=\"_blank\" href=\"https:\/\/www.albayan.ae\/economy\/business\/uae-economy\/28781\" style=\"\" rel=\"noopener\">Al Bayan<\/a> reports. The tool alerts authorities to violations, detects manipulation, and ensures quality compliance, while geospatial mapping enables rapid enforcement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The Economy Ministry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a3a61fac-647a-445c-bf8d-4b9c7999ac85\/new-price-controls-on-basic-goods-as-of-2025\" style=\"\" rel=\"noopener\">placed a cap<\/a> on price increases for nine basic commodities as of 2 January 2025, with retailers now needing prior approval from the Ministry to increase prices, with a minimum of six months required between two consecutive price hikes. The rule applies to nine essential consumer goods: cooking oil, eggs, dairy products, rice, sugar, poultry, legumes, bread, and wheat. Other related items and cleaning products will also be subject to the new rules.<\/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>The <\/strong><strong>UAE maintained its position among the top 10 nations in Brand Finance\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/brandfinance.com\/press-releases\/brand-finance-global-soft-power-index-2025-china-overtakes-uk-for-the-first-time-us-remains-top-ranked-nation-brand#:~:text=The%202025%20Index%20reveals%20a,sharp%20decline%20of%20%2D3.0%20points.\" style=\"\" rel=\"noopener\">Global Soft<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/brandfinance.com\/press-releases\/brand-finance-global-soft-power-index-2025-china-overtakes-uk-for-the-first-time-us-remains-top-ranked-nation-brand#:~:text=The%202025%20Index%20reveals%20a,sharp%20decline%20of%20%2D3.0%20points.\" style=\"\" rel=\"noopener\">Power Index 2025<\/a><\/strong>, ranking 10th overall, even as soft power momentum in the Middle East slowed, with Saudi Arabia (20th), Qatar (22nd), and Kuwait (40th) seeing declines. The country ranked eighth for influence, ninth for international relations, and tenth for business and trade, while securing second place globally for ease of doing business.<\/p>\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Expect some extra traffic on Dubai roads today <\/strong>for the UAE Tour cycling event, according to a statement <a target=\"_blank\" href=\"https:\/\/x.com\/rta_dubai\/status\/1892473540877910019\" style=\"\" rel=\"noopener\">posted on X<\/a>. The race will start at 12:30pm at the American University in Dubai and will pass through key routes, including Sheikh Zayed Road, Al Naseem Street, Al Khail Road, Al Jamayel Street, and Sheikh Zayed Bin Hamdan Al Nahyan Street, ending near Hamdan Bin Mohammed Smart University. Road closures will take place at 10-15-minute intervals until 4:30pm. <\/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 world\u2019s largest annual food and beverage event, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gulfood.com\/\" style=\"\" rel=\"noopener\">Gulfood<\/a><\/strong><strong>, is on its final day today<\/strong> at the Dubai World Center. The event brings together over 5k exhibitors with some 1 mn food to source, with this year\u2019s event focusing on sustainability and food security. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The International Defence Exhibition (Idex) and Naval Defence and<\/strong><strong> Maritime Security Exhibition (Navdex) are also on their final day<\/strong> at the Abu Dhabi Exhibition Center. The events gather policymakers, contractors and OEMs descend on the capital, with the events including roundtable discussions and a Navdex startup zone. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3<\/strong><strong>- Ajman\u2019s Department of Tourism Development is on a promotional tour ac<\/strong><strong>ross the UK<\/strong> to establish strategic partnerships and attract more British visitors to the emirate, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15falok-ajman-tourism-launches-promotional-tour\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Wrapping today, the tour should have covered Edinburgh, Newcastle, Reading, and London.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UK is among Ajman\u2019s top 10 tourism markets<\/strong>, with a 9% increase in visitors in 2024 and a 36% rise in average stay duration.<\/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:\/\/www.boatshowdubai.com\/\" style=\"\" rel=\"noopener\">Dubai International Boat Show<\/a><\/strong><strong> 2025 is on its second day today and will conclude on 23 February <\/strong>at Dubai Harbour, featuring luxury yachts, superyachts, and marine innovations. It will bring together global industry leaders and water sports enthusiasts.<\/p>\n<p 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>It\u2019s a relatively quiet day in the foreign press this morning<\/strong> \u2014 at least in comparison to recent weeks, which have seen an endless string of US President Donald Trump\u2019s executive orders, diplomatic haggling over the war in Ukraine and the prospects for post-war Gaza, and much more. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest on Gaza: <\/strong>Saudi Arabia will host talks between officials from the UAE, Egypt, Jordan, and Qatar today to discuss an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d68f32ad-1732-446f-862d-f1751e3d9f06\/this-morning:-tabreed-eyes-usd-2-bn-ncd-issuance-as-it-looks-to-refinance-debt-%2B-arab-states-push-alternative-gaza-plan-with-potential-usd-20-bn-in-funding\" style=\"\" rel=\"noopener\">alternative proposal<\/a> made by Egypt and Jordan, with input from Qatar and Saudi Arabia, for the reconstruction of Gaza that could see Gazans temporarily housed in open spaces during the reconstruction process, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-20\/saudi-s-mbs-to-rally-arab-leaders-on-gaza-plan-to-thwart-trump?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources in the know. Other sources have claimed that the process could use up to USD 20 bn in funding from Gulf and Arab countries. The officials will reportedly be seeking the backing of the UAE on the proposal, Bloomberg said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The proposal came in response to Trump\u2019s suggestions for the displacement of the Gaza population into Egypt and Jordan and the redevelopment of Gaza into a \u201cRiviera of the Middle East.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And on Ukraine: <\/strong>The US is increasingly shifting away from support to Ukraine and nearer to support of Russia, with the country now refusing to call Russia an \u201caggressor\u201d in a G7 statement, only a day after Trump called Ukrainian President Volodymyr Zelensky a dictator. The US and Russia recently took part in bilateral talks and agreed to increase cooperation. (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/trump-zelensky-foreign-policy-world-alliances-a3592bc4?mod=hp_lead_pos2\" style=\"\" rel=\"noopener\">WSJ<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/73809e7a-a772-403a-8755-41a329d6a45d\" style=\"\" rel=\"noopener\">FT<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Israel blamed Palestinian militants for the explosion of three buses in Tel Aviv yesterday<\/strong>. No casualties were reported from the incident. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/fd06f58b-7257-4712-9f1a-934f566f4ba4\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/live\/cn897l3v3w0t\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/feb\/20\/bus-blasts-in-israel-are-suspected-terror-attack-say-police\" style=\"\" rel=\"noopener\">Guardian<\/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\" 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data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"559.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/559.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/559.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100950\" class=\"content-area-description single-story post-100950 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-adnoc tag-adnoc-gas tag-enterpriseam-uae tag-investment tag-ipo-watch tag-ma 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\/.fd3f66df-1604-491b-9eb4-e4bb695142c3.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abu Dhabi National Oil (Adnoc) completed the sale of an additi<\/strong><strong>onal 4% stake in subsidiary Adnoc Gas <\/strong>to institutional investors, raising USD 2.8 bn, according to a <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2025\/adnoc-successfully-completes-284-billion-marketed-offering-of-adnoc-gas-shares\" style=\"\" rel=\"noopener\">statement<\/a> from the state-owned energy giant. The follow-on offering, which was priced at AED 3.40 per share, was 4.4x oversubscribed, after seeing books covered throughout the range of the offering, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/uaes-adnoc-sell-4-stake-adnoc-gas-2025-02-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing one of the bookrunners. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The sale saw competitive pricing:<\/strong> The price is 43% higher than the gas unit\u2019s IPO share price of AED 2.37, and comes at a 5% discount to its closing price of AED 3.58 yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc will retain an 86% majority stake in Adnoc Gas<\/strong>, with an agreement not to sell further shares for a period of six months from the closing of the sale, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The offering increases Adnoc Gas\u2019 freefloat and paves the way for its inclusion in the MSCI Emerging Market Index and FTSE Emerging Market Index<\/strong>, possibly at the next quarterly review subject to Adnoc Gas meeting all the relevant inclusion criteria, the statement read. This will also \u201cenhance trading and liquidity in Adnoc Gas\u2019 ordinary shares and diversify its shareholder base. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is the largest equity offering in the Mena region<\/strong> since <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/11b8a541-a6d0-44d9-a177-9ef29b4f41c8\/aramco-completes%253cmark%253e-secondary%253c%2Fmark%253e%253cmark%253e-share%253c%2Fmark%253e-offering\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/11b8a541-a6d0-44d9-a177-9ef29b4f41c8\/aramco-completes%253cmark%253e-secondary%253c%2Fmark%253e%253cmark%253e-share%253c%2Fmark%253e-offering\" style=\"\" rel=\"noopener\">Saudi Aramco\u2019s USD 12.3 bn<\/a> follow-on sale last June. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It is also the second follow-on sale for an Adnoc unit in as many years: <\/strong>The move also follows <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/41134450-982c-469b-abaf-cbce2db13773\/%253cmark%253eadnoc-drilling%253c%2Fmark%253e-sold-usd-935-mn-stake-in-secondary-sale\" style=\"\" rel=\"noopener\">a USD 935 mn stake sale<\/a> in Adnoc Drilling in May 2024, which led to the drilling unit\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/77dc85db-e75a-42ea-a6c5-a81b678a0885\/this-morning:-ad-ports-close-to-finalizing-izmir-port-acquisition%3F-%2B-gov%25e2%2580%2599t-launches-3q-clean-energy-certificated-auction\" style=\"\" rel=\"noopener\">inclusion<\/a> in the MSCI Emerging Markets Index. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc Gas is on a growth run: <\/strong>The gas giant saw its bottom line grow 13% y-o-y in 2024 to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d991518e-32d3-445b-8411-e5602e596264\/adnoc-gas-reports-robust-growth-in-fy-2024\" style=\"\" rel=\"noopener\">USD 5 bn in 2024<\/a> driven by a 2% increase in sales volumes supported by higher contributions from Adnoc LNG and high demand for domestic gas. The firm\u2019s top line was up 7% y-o-y to USD 24.43 bn over the same period. The UAE\u2019s leading liquefied natural gas (LNG) supplier also manages the bulk of the country\u2019s domestic gas distribution and operates an offshore export terminal, and is set to more than double its global LNG export capacity with its upcoming Ruwais facility, set for commissioning in 2028.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher:<\/strong> Adnoc Gas raked in USD 2.5 bn in one of the region\u2019s biggest IPOs in recent years in 2023. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>The state-owned energy giant enlisted BofA Securities, Citi, EFG Hermes, First Abu Dhabi Bank, HSBC, and International Securities as coordinators and bookrunners to manage the sale.<\/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\/adnoc-gas\/\">Adnoc Gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma\/\">M&amp;A<\/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=\"100952\" 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=\"100952\">\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\">IPO WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/alpha-data-could-raise-up-to-aed-600-mn-from-ipo\/\">\r\n                            Alpha Data could raise up to AED 600 mn from IPO                        <\/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\/21\/alpha-data-could-raise-up-to-aed-600-mn-from-ipo\/\" 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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At the top of the range, the pricing implies a market cap of AED 1.5 bn upon listing, in what will be Abu Dhabi\u2019s first IPO of the year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Subscription for both institutional and retail investors opened yesterday<\/strong>, and is set to run until Tuesday, 25 February. The final price of the offering will be announced on Wednesday, 26 February, while trading is expected to begin around Tuesday, 11 March.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Alpha Data\u2019s only two shareholders \u2014 Bin Hamoodah Company and Ibbini Investment \u2014 are selling down their position to a combined 60% stake in the company and pocketing net proceeds from the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/33815556-e8e9-4ae6-8fe2-876808dc10d6\/%253cmark%253ealpha-data%253c%2Fmark%253e-plans-to-list-40%2525-stake-on-adx-as-early-as-next-month\" style=\"\" rel=\"noopener\">40% stake<\/a> sale. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>EFG Hermes, Emirates NBD and Abu Dhabi Commercial Bank are acting as joint lead managers for the transaction, with Ashurst and Latham & Watkins providing legal counsel. Deloitte & Touche are serving as auditors.<\/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\/adx\/\">ADX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/alpha-data\/\">Alpha Data<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo\/\">IPO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100954 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=\"100954\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/100954-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100954\" class=\"content-area-description single-story post-100954 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=\"100955\" 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=\"100955\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/damac-prices-usd-750-mn-sukuk-amid-strong-demand\/\">\r\n                            Damac prices USD 750 mn sukuk amid strong demand                        <\/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\/21\/damac-prices-usd-750-mn-sukuk-amid-strong-demand\/\" 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 3.5-year sukuk is priced at T+268.9 bps, offering a 4.25% coupon. The final pricing was tightened to a 7% yield, down from initial price thoughts (IPTs) of around 7.5%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Damac tapped advisors <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/33b2a0ae-30e8-4742-a2e7-309bb0456e47\/this-morning:-flydubai-eyes-jv-in-india-%2B-damac-taps-advisors-for-potential%253cmark%253e-sukuk%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">earlier this week<\/a> to organize fixed income investor calls to be followed by a 3.5-year benchmark Reg S, USD-denominated, senior unsecured sukuk offering. The developer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/891d5a6d-09fa-40d2-923f-d351db9b3fe9\/this-morning:-more-bidders-for-the-telegraph%3F-%2B-damac-to-rely-on-borrowing-for-usd-20-bn-us-data-center-investment\" style=\"\" rel=\"noopener\">previously said<\/a> it would rely on borrowing from banks, financial institutions, or bonds to finance 60-70% of its planned USD 20 bn investments in US data centers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The sukuk attracted strong investor interest<\/strong>, with the order book exceeding USD 2.1 bn, reflecting a 2.8x oversubscription, excluding joint lead manager interest. Damac reportedly received a Ba2 rating from Moody\u2019s with a positive outlook and a BB rating from S&P with a stable outlook.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Emirates NBD Capital, HSBC, and JP Morgan were appointed as joint global coordinators and joint bookrunners, and our friends at Mashreq, alongside Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Dubai Islamic Bank, Goldman Sachs International, and Warba Bank as joint bookrunners.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Damac\u2019s sukuk issuance follows a series of Reg S issuances from regional banks. <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/164b73e9-1ac6-416b-944b-d884c9fda79a\/adcb%25e2%2580%2599%253cmark%253es%253c%2Fmark%253e-formosa-bond-issuance-raises-usd-600-mn\" style=\"\" rel=\"noopener\">Earlier this month<\/a>, Abu Dhabi Commercial Bank raised USD 600 mn through a five-year floating-rate Formosa bond at SOFR +105 bps, while First Abu Dhabi Bank priced USD 750 mn in senior unsecured notes <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4a5e1985-3b79-4e80-98f4-b1debfca91ce\/fab-issues-usd-750-mn-senior-unsecured-notes\" style=\"\" rel=\"noopener\">in January<\/a>, listed in Taipei and London at SOFR +100 bps. Aldar Properties also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/87e45cd6-e9fa-4eb7-9024-4c50accfe048\/%253cmark%253ealdar%253c%2Fmark%253e-and-fab%25e2%2580%2599s-issuances-meet-strong-demand\" style=\"\" rel=\"noopener\">issued<\/a> USD 1 bn in Reg S hybrid capital notes \u2014 marking the largest conventional hybrid issuance in the Middle East, with USD 4.9 bn in orders (3.8x oversubscription). A USD-denominated Reg S issuance is a subordinated USD-based financial instrument offered to non-US investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More to come: <\/strong>Emirates NBD is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/54231ae0-9b41-4acd-b067-e5d12177f43d\/uae-banks-ramp-up-debt-issuances\" style=\"\" rel=\"noopener\">set to issue<\/a> USD 1 bn in Reg S additional tier 1 capital securities next week, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/630bfc13-16b1-48ff-b562-99af112e1f8e\/this-morning:%253cmark%253e-emirates-nbd%253c%2Fmark%253e-is-prepping-an-at1-issuance-%2B-flydubai,-etihad-airways-eye-aircraft-acquisitions\" style=\"\" rel=\"noopener\">with initial price thoughts of 6.25%<\/a>, while Sharjah Islamic Bank plans to list a USD 500 mn five-year sukuk, with initial pricing at T+1.25%. <\/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\/damac\/\">Damac<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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=\"100957\" 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=\"100957\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/2pointzero-acquires-egyptian-fintech-maseera-holding-with-plans-for-abu-dhabi-presence\/\">\r\n                            2PointZero takes over Egyptian fintech Maseera Holding                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1920.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1920.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1920.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1920.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100957\" class=\"content-area-description single-story post-100957 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-2pointzero tag-enterpriseam-uae tag-fintech tag-ihc tag-international-holding-company tag-ma tag-ma-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\/.19cdc96b-f93c-4fc0-bd24-959c17ea8cc0.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a target=\"_blank\" href=\"https:\/\/www.2pointzero.com\/\" style=\"\" rel=\"noopener\">2PointZero<\/a><\/strong><strong> \u2014 the investment arm of International Holding Company \u2014 <\/strong><strong>acquired <\/strong><strong>Cairo-born fintech <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.2pointzero.com\/companies\/maseera-holding\" style=\"\" rel=\"noopener\">Maseera Holding<\/a><\/strong><strong> for an undisclosed sum<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/2pointzero-acquires-the-customer-focused-microfinance-platform-maseera-kss9eisk\" style=\"\" rel=\"noopener\">joint statement<\/a>. The Abu Dhabi-based asset manager plans to inject USD 1 bn into Maseera, supporting its expansion, rebranding, and the establishment of a new Abu Dhabi-based entity under the Maseera Holding name.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>An eye to go<\/strong><strong> global: <\/strong>Following the acquisition, Maseera plans to expand beyond Egypt, with an initial focus on improving access to credit and financial services for businesses and individuals in emerging markets. The company will use 2PointZero\u2019s investment to develop its AI and digital technology toolkit, helping it scale its offerings across key markets in Asia and Africa. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The pitch: <\/strong>\u201cBy combining Maseera\u2019s client-centric approach with our technological expertise and global reach, we are enhancing our dynamic value network and delivering innovative financial solutions to markets where we operate,\u201d 2PointZero Group CEO Mariam Almheiri said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Maseera Holding:<\/strong> The data-driven Egyptian fintech offers financial services tailored to low and middle income individuals as well as micro, small, and medium-sized enterprises (MSMEs). Maseera operates as a digital marketplace for financial products designed to be accessible, inclusive and affordable. <\/p>\n<p class=\"tag-border-left\"> OTHER M&A NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADQ-backed Aghthia <\/strong><strong>takes bigger<\/strong><strong> bite of Egypt\u2019s Abu Auf: <\/strong>ADX-listed food giant Agthia Group nabbed an additional 10% stake in Egypt-based snack-maker Abu Auf, bringing its total holding in the specialty nut and date processor to 80%, it said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2019.pdf\" style=\"\" rel=\"noopener\">filing (pdf)<\/a> to the bourse. The financial terms of the transaction were not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first we\u2019re hearing of it:<\/strong> Agthia \u2014 majority-owned by Abu Dhabi sovereign wealth fund ADQ \u2014 has been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/116a2c54-e0f8-48c8-8ab7-dcd66b0aeffe\/b-investments-granted-more-time-to-submit-mto-for-ofh.-plus:-agthia-ups-stake-in%253cmark%253e-abu-auf%253c%2Fmark%253e,-basata-acquires-jordanian-fintech-stake\" style=\"\" rel=\"noopener\">gradually increasing its stake<\/a> in the company. The Emirati food giant first acquired <a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2022\/12\/01\/adqs-agthia-now-owns-60-of-auf-group-89826\/\" style=\"\" rel=\"noopener\">a 60% interest<\/a> in 2022 followed by another 10% in February 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move strengthens Agthia\u2019s foothold in Egypt\u2019s fast-growing food market and bolsters its local operations<\/strong>, which contributed 20% of total revenues in 2024, up from 15-16% the previous year despite economic headwinds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Auf, by the numbers: <\/strong>Founded in 2010, Abu Auf has expanded aggressively since the acquisition, opening some 100 new stores over the past two years, according to the release. The company reported a 33% y-o-y jump in revenues in 2024, despite the EGP\u2019s sharp depreciation, with EBITDA soaring by over 70% in AED terms. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Agthia has been on a regional acquisition spree since 2020<\/strong>, acquiring date processors <a target=\"_blank\" href=\"https:\/\/www.agthia.com\/news\/agthia-group-completes-acquisition-of-regional-healthy-snacks-pioneer-bmb-group\/\" style=\"\" rel=\"noopener\">BMB Group<\/a> and <a target=\"_blank\" href=\"https:\/\/www.agthia.com\/news\/agthia-completes-transaction-with-al-foah-to-create-top-10-fb-company-in-the-region\/\" style=\"\" rel=\"noopener\">Al Foah<\/a> along with <a target=\"_blank\" href=\"https:\/\/www.agthia.com\/news\/agthia-group-completes-acquisition-of-renowned-egyptian-processed-meat-producer\/\" style=\"\" rel=\"noopener\">Atyab<\/a> (processed meats), Kuwait\u2019s <a target=\"_blank\" href=\"https:\/\/www.agthia.com\/news\/agthia-completes-transaction-to-acquire-kuwaits-al-faysal-bakery-and-sweets\/\" style=\"\" rel=\"noopener\">Al Faysal Bakery<\/a>, and Jordan\u2019s <a target=\"_blank\" href=\"https:\/\/www.agthia.com\/news\/agthia-group-completes-acquisition-of-leading-processed-food-producer-nabil-foods\/\" style=\"\" rel=\"noopener\">Nabi<\/a><a target=\"_blank\" href=\"https:\/\/www.agthia.com\/news\/agthia-group-completes-acquisition-of-leading-processed-food-producer-nabil-foods\/\" style=\"\" rel=\"noopener\">l Foods<\/a>. <\/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>Agthia\u2019s stock was down 1.7% at yesterday\u2019s close to trade at AED 5.2. <\/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\/2pointzero\/\">2PointZero<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fintech\/\">fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ihc\/\">IHC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/international-holding-company\/\">International Holding Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma\/\">M&amp;A<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"100959\" 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=\"100959\">\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\">DEFENSE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/idex-and-navdex-saw-some-aed-23-7-bn-worth-of-contracts-signed-in-four-days\/\">\r\n                            Idex and Navdex 2025 close with 40 contracts worth AED 23.7 bn signed                        <\/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\/21\/idex-and-navdex-saw-some-aed-23-7-bn-worth-of-contracts-signed-in-four-days\/\" 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 includes 12 new agreements worth AED 3.8 bn secured by the Tawazun Council yesterday, split between AED 1.3 bn in local agreements and AED 2.5 bn in international partnerships.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>These agreements include:<\/strong><\/p>\n<ul>\n<li>A contract with <strong>International Golden Group<\/strong> to supply ammunition worth <strong>AED 488 mn<\/strong>;<\/li>\n<li>An <strong>AED 487.7 mn contract<\/strong> with Abu Dhabi\u2019s <strong>Trust<\/strong> to procure advanced fire-support systems, enhancing artillery and battlefield coordination capabilities;<\/li>\n<li>An <strong>AED 22.5 mn contract<\/strong> with <strong>Itqan Al Khaleej Computers<\/strong> for technical support services;<\/li>\n<li>An agreement worth <strong>AED 233 mn<\/strong> with <strong>National Factory for Safety and Security Products<\/strong> to supply military-grade footwear;<\/li>\n<li>An <strong>AED 6 mn agreement<\/strong> with <strong>Bayanat<\/strong> to implement and develop the <strong>AI-driven Tarjama program<\/strong>;<\/li>\n<li>A contract with <strong>Emirates Motor Company<\/strong> worth <strong>AED 10 mn<\/strong> for <strong>vehicle maintenance<\/strong>, repair, and spare parts; <\/li>\n<li>An <strong>AED 4.5 mn contract<\/strong> with <strong>AM Industries<\/strong> for <strong>shooting range targets<\/strong>.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A breakdown of other partnerships inked yesterday<\/strong>:<\/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>#1- Aerospace and defense giant Thales International plans to establish a radar <\/strong><strong>manufacturing facility in the UAE<\/strong> to meet local needs and export globally, CEO Pascale Sourisse told <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bia4ww1-thales-international-establish-radar-manufacturing\" style=\"\" rel=\"noopener\">Wam<\/a>. The company is also discussing new projects to develop aircraft, communication systems, and radars with UAE entities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Al Taif to upgrade the UAE\u2019s IFVs:<\/strong> Al Taif, Edge\u2019s military land platforms supporter, partnered with Turkish combat vehicle producer FNSS to upgrade the UAE armed forces\u2019 infantry fighting vehicles (IFVs), according to a <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-and-fnss-partner-modernise-uae-armed-forces-infantry-fighting-vehicles\" 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>#3- <\/strong><strong>Abu <\/strong><strong>Dhabi\u2019s VentureOne and Edge Group subsidiary Caracal will set up production <\/strong><strong>lines in the UAE to produce <\/strong><strong>Centurion<\/strong>, a lightweight body armor system developed with the Technology Innovation Institute, state new agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/ar\/article\/biaq4as-%D9%83%D8%A7%D8%B1%D8%A7%D9%83%D8%A7%D9%84-%D9%88%D9%81%D9%86%D8%AA%D8%B4%D8%B1-%D9%88%D9%86-%D8%AA%D9%83%D8%B4%D9%81%D8%A7%D9%86-%D8%AF%D8%B1%D8%B9-%D8%B3%D9%86%D8%AA%D9%88%D8%B1%D9%8A%D9%88%D9%86\" 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>#4- <\/strong><strong>UAE<\/strong><strong>, Australia launch defense tech partnership for localized weapons production<\/strong><strong>: <\/strong>Shielders Advanced Industries and Australia\u2019s Electro Optic Systems (EOS) will jointly build a facility in the UAE to manufacture R150 remote weapon systems backed by the UAE\u2019s Economic Balance Program, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/biaqchp-uaes-shielders-australia%E2%80%99s-eos-sign-strategic\" 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>#5- <\/strong><strong>Edge's <\/strong><strong>subsidiary Katim inked a MoU with Australia\u2019s Codan Communications to <\/strong><strong>collaborate on advanced military radio solutions<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-and-codan-communications-sign-mou-strengthen-military-radio-communication-capabilities\" style=\"\" rel=\"noopener\">press release<\/a>. The partnership aims to develop, manufacture, and deploy secure and adaptable communication systems for modern defense and security operations.<\/p>\n<p class=\"tag-border-left\"> DEFENSE TECH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Edge\u2019s space arm Fada launched geospatial intelligence platform Tactica to support <\/strong><strong>decision-making across several sectors<\/strong> including defense and security, according to a <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-launches-next-gen-ai-powered-geospatial-intelligence-platform-idex-2025\" style=\"\" rel=\"noopener\">press release<\/a>. The platform \u2014 powered by the UAE\u2019s LLM Falcon \u2014 processes satellite imagery, signals intelligence, sensor data, and open-source information to produce actionable insights. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The company also partnered with ST Engineering to improve the UAE\u2019s synthetic <\/strong><strong>aperture radar (SAR) satellite capabilities<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-group-st-engineering-partner-advance-uaes-sirb-programme\" style=\"\" rel=\"noopener\">press release<\/a>. ST Engineering will work with Fada to deliver a single-polarisation SAR satellite and ground segment, while also transferring technical expertise. This partnership aims to advance the Sirb Program, a national initiative to boost the UAE\u2019s Radar Earth Observation capabilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Meanwhile<\/strong><strong>, Edge\u2019s defense technology provider Trust teamed up with Le<\/strong><strong>onardo <\/strong><strong>DRS to develop defense solutions for the UAE armed forces<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-and-leonardo-drs-partner-reinforce-uae-defence-and-industrial-capabilities\" style=\"\" rel=\"noopener\">press release<\/a>. The solutions will focus on developing situational awareness systems for vehicle integration. <strong>The company also partnered with Diehl Defence<\/strong> to develop its defense capabilities within the UAE, according to a separate <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-partners-germanys-diehl-defence-strengthen-uaes-defence-capabilities\" 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>#4- Edge subsidiary Adasi will integrate Meteksan Defence\u2019s Milsar radars into its <\/strong><strong>Garmoosha drones under an agreement,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-integrate-milsar-radars-garmoosha-uas\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p class=\"tag-border-left\"> MARITIME- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Edge and naval vessel producer CMN Naval will collaborate on developing advanced <\/strong><strong>naval platforms, maintenance, and commercial <\/strong><strong>initiatives<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-and-cmn-naval-agree-pursue-partnership-opportunities-expansion-global-naval-capabilities\" style=\"\" rel=\"noopener\">press release<\/a>.&nbsp;&nbsp;<\/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\/defense\/\">defense<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/edge-group\/\">Edge Group<\/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=\"100961\" 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=\"100961\">\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\">DEVELOPMENT FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/\">\r\n                            Emirates Development Bank targets AED 23 bn in financing for 2025                        <\/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\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/\" 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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Significant allocations will be directed toward manufacturing, advanced technology, renewable energy, and SMEs. The lender also aims to expand industrial co-lending partnerships and accelerate digital transformation initiatives. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In 2024, EDB reported a record 222% y-o-y increase in financing<\/strong>, reaching AED 8.7 bn. This contributed AED 4.1 bn to the UAE\u2019s industrial GDP and facilitated the creation of over 14k jobs. The bank has deployed AED 15.7 bn in financing since launching its transformational strategy in 2021, bringing its total industrial GDP impact to AED 7.4 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the sector:<\/strong> Manufacturing remained the largest beneficiary of EDB\u2019s financing last year, receiving AED 4.2 bn, which accounted for nearly half of total lending. The bank directed AED 3 bn into advanced technology, while AED 1.2 bn went to renewable energy projects aligned with the UAE\u2019s net zero ambitions. The food security sector saw some AED 1.2 bn in financing, and the healthcare sector saw 1.1 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Micro, small, and medium enterprises (mSMEs) remained a key priority<\/strong>, with EDB allocating AED 3 bn in financing to support their growth. This included AED 758 mn through the Credit Guarantee Scheme in partnership with 11 commercial banks, AED 2.1 bn in direct financing, and AED 107 mn for SME-micro projects aimed at ramping up financial inclusion.<\/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\/artificial-intelligence\/\">artificial intelligence<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/development-finance\/\">development finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-development-bank\/\">Emirates Development Bank<\/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\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/smes\/\">SMEs<\/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=\"100963\" 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=\"100963\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/mansa-secures-usd-10-mn-in-pre-seed-and-liquidity-funding-round-the-box-lands-usd-12-5-mn-in-debt-financing\/\">\r\n                            Mansa secures USD 10 mn in pre-seed and liquidity funding round + The Box lands USD 12.5 mn in debt financing                        <\/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 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              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\/21\/mansa-secures-usd-10-mn-in-pre-seed-and-liquidity-funding-round-the-box-lands-usd-12-5-mn-in-debt-financing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100964\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/mansa-secures-usd-10-mn-in-pre-seed-and-liquidity-funding-round-the-box-lands-usd-12-5-mn-in-debt-financing\/1210-jpg-22\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1210.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100963\" class=\"content-area-description single-story post-100963 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-blockchain tag-crypto tag-debt tag-enterpriseam-uae tag-fintech tag-startup-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\/.55ca429f-c7d2-413c-8061-58304d0df278.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Mansa <\/strong><strong>secures USD 10 mn to tackle cross-border liquidity challenges:<\/strong> Dubai-based fintech startup <a target=\"_blank\" href=\"https:\/\/www.mansafinance.co\/\" style=\"\" rel=\"noopener\">Mansa<\/a> raised USD 10 mn in a pre-seed and liquidity funding round to scale its stablecoin-based cross-border payments solution and expand in Latin America and Southeast Asia, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2076.pdf\" style=\"\" rel=\"noopener\">press release<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2076.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where is the<\/strong><strong> money coming from?<\/strong> The funding includes USD 3 mn in pre-seed investment led by <a target=\"_blank\" href=\"https:\/\/tether.io\/\" style=\"\" rel=\"noopener\">Tether<\/a> and <a target=\"_blank\" href=\"https:\/\/polymorphic.capital\/\" style=\"\" rel=\"noopener\">Polymorphic Capital<\/a>, with participation from <a target=\"_blank\" href=\"https:\/\/octerracapital.com\/\" style=\"\" rel=\"noopener\">Octerra Capital<\/a>, <a target=\"_blank\" href=\"https:\/\/www.faculty.group\/\" style=\"\" rel=\"noopener\">Faculty Group<\/a>, and <a target=\"_blank\" href=\"https:\/\/digital.trive.vc\/\" style=\"\" rel=\"noopener\">Trive Digital<\/a>. An additional USD 7 mn in liquidity funding came from institutional and corporate investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Mansa: <\/strong>Co-founded by Mouloukou Sanoh (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/mouloukou-s-98485010a\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) and Nkiru Uwaje (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/nkirukauwaje\/?originalSubdomain=uk\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), Mansa allows payments companies to settle transactions and fund customer accounts instantly. Since its August 2024 launch, Mansa has processed USD 27 mn in transactions, with over USD 18 mn in payments disbursed, and with access to some USD 200 mn in liquidity through its partner network, <a target=\"_blank\" href=\"https:\/\/techcrunch.com\/2025\/02\/19\/tether-backs-stablecoin-liquidity-provider-mansa-in-10m-seed-round\/\" style=\"\" rel=\"noopener\">TechCrunch<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">OTHER STARTUP NEWS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>Box secures USD 12.5 mn debt from Shorooq:<\/strong> Dubai-based self-storage firm <a target=\"_blank\" href=\"https:\/\/theboxme.com\/\" style=\"\" rel=\"noopener\">The Box<\/a> secured USD 12.5 mn in financing from Shorooq Partners, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/the-box-secures-125mln-financing-deal-led-by-shorooq-to-expand-self-storage-footprint-in-the-uae-gw73wgp1\" style=\"\" rel=\"noopener\">press release<\/a>. The funding, provided through Shorooq\u2019s Credit Practice, will support the construction of a new flagship self-storage facility in central Dubai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The new capital brings The Box\u2019s total debt funding to USD 31.5 mn<\/strong> through various credit facilities since 2014, <a target=\"_blank\" href=\"https:\/\/www.forbesmiddleeast.com\/innovation\/startups\/self-storage-provider-the-box-secures-%24125m-debt-financing-led-by-shorooq\" style=\"\" rel=\"noopener\">Forbes Middle East<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About The Box:<\/strong> Established in 2006 by Wadih Haddad <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/1thebox\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">(LinkedIn)<\/a>, the company has 30 facilities, including a 140k sq ft flagship location. Known for its Grade A certification and sustainable practices, the company is expanding beyond the UAE into Saudi Arabia and Egypt.<\/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\/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\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fintech\/\">fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startup-watch\/\">STARTUP 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=\"100965\" 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=\"100965\">\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\">KUDOS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/al-tamimi-company-achieves-record-rankings-in-chambers-global-guide-2025\/\">\r\n                            Al Tamimi &amp; Company achieves record rankings in Chambers Global Guide 2025                        <\/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\/21\/al-tamimi-company-achieves-record-rankings-in-chambers-global-guide-2025\/\" 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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Company achieves record rankings in Chambers Global Guide 2025\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Al+Tamimi+%26%23038%3B+Company+achieves+record+rankings+in+Chambers+Global+Guide+2025+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F21%2Fal-tamimi-company-achieves-record-rankings-in-chambers-global-guide-2025%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\/21\/al-tamimi-company-achieves-record-rankings-in-chambers-global-guide-2025\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1303.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100966\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/al-tamimi-company-achieves-record-rankings-in-chambers-global-guide-2025\/1303-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1303.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1303.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1303.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1303.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100965\" class=\"content-area-description single-story post-100965 post type-post status-publish format-standard has-post-thumbnail hentry category-kudos tag-al-tamimi-company tag-enterpriseam-uae tag-kudos 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\/.f52f6b03-2aff-42e8-b2ae-ba7e3299f650.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Tamimi & Company secured a record number of rankings in the Chambers Glob<\/strong><strong>al Guide 2025<\/strong>, which ranks firms and lawyers globally using client feedback, peer reviews, and independent research, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2068.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The firm received 31 top-tier rankings across key practice areas. Over 70 of its lawyers featured in the rankings, while the firm was also recognized across multiple jurisdictions, including the UAE, Saudi Arabia, Qatar, Egypt, and Kuwait. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Baker McKenzie\u2019s UAE team was also ranked Ba<\/strong><strong>nd 1 in the Chambers and Partners Global Guide for Commercial Contracts<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/hani-naja_sharing-some-exciting-news-and-yes-indulging-activity-7298389466950336513-oqsD\/?utm_source=share&utm_medium=member_ios&rcm=ACoAADAUJZ8Br23Kv54kDyrvxGUyLkbiQlSEyyw\" style=\"\" rel=\"noopener\">LinkedIn post<\/a>. <\/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\/al-tamimi-company\/\">Al Tamimi &amp; Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/kudos\/\">KUDOS<\/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=\"100967\" 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=\"100967\">\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\/21\/lunates-chimera-etf-lists-on-adx-boosting-abu-dhabis-etf-count-to-16\/\">\r\n                            Lunate\u2019s Chimera ETF lists on ADX, boosting Abu Dhabi\u2019s ETF count to 16                        <\/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\/21\/lunates-chimera-etf-lists-on-adx-boosting-abu-dhabis-etf-count-to-16\/\" 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\/21\/lunates-chimera-etf-lists-on-adx-boosting-abu-dhabis-etf-count-to-16\/')\">\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\/21\/lunates-chimera-etf-lists-on-adx-boosting-abu-dhabis-etf-count-to-16\/\">\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=Lunate\u2019s Chimera ETF lists on ADX, boosting Abu Dhabi\u2019s ETF count to 16&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/lunates-chimera-etf-lists-on-adx-boosting-abu-dhabis-etf-count-to-16\/\">\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\/21\/lunates-chimera-etf-lists-on-adx-boosting-abu-dhabis-etf-count-to-16\/&title=Lunate\u2019s Chimera ETF lists on ADX, boosting Abu Dhabi\u2019s ETF count to 16\">\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=Lunate%E2%80%99s+Chimera+ETF+lists+on+ADX%2C+boosting+Abu+Dhabi%E2%80%99s+ETF+count+to+16+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F21%2Flunates-chimera-etf-lists-on-adx-boosting-abu-dhabis-etf-count-to-16%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\/21\/lunates-chimera-etf-lists-on-adx-boosting-abu-dhabis-etf-count-to-16\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100968\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/lunates-chimera-etf-lists-on-adx-boosting-abu-dhabis-etf-count-to-16\/2388-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2388.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100967\" class=\"content-area-description single-story post-100967 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-abu-dhabi-investment-office tag-adx tag-also-on-our-radar tag-aviation tag-banking tag-customs tag-dp-world tag-emirates-airlines tag-enterpriseam-uae tag-etfs tag-investment tag-logistics tag-lunate tag-lunate-capital tag-nfbs tag-ras-al-khaimah tag-real-estate tag-tech tag-uae-china-relations tag-uae-china-ties 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\/.afc985a2-7c16-4712-964c-235276eddf42.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CAPITAL MARKETS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#1-<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/lunate.com\/\" style=\"\" rel=\"noopener\">Lunate<\/a><\/strong><strong>\u2019s<\/strong><strong> Chimer<\/strong><strong>a iBoxx US Treasury Bill is now listed on the Abu Dhabi <\/strong><strong>Securities Exchange (ADX)<\/strong>, the exchange said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2042.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. The addition from the Abu Dhabi-based alternative investment firm brings the total number of exchange-traded funds (ETFs) on the ADX to 16, covering 10 markets, ADX Group CEO Abdulla Salem Alnuaimi said. The listed ETFs\u2019 assets-under-management have increased by 94% since the ETF platform was launched, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>Earlier this month, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b9d5c71e-3a30-435e-9d32-e6e036a53068\/lunate-unveils-us-denominated-t-bill-exchange-traded-fund\" style=\"\" rel=\"noopener\">Lunate said<\/a> it would launch the ETF, which will track outstanding US T-bills with a range of maturity dates, reaching up to 12 months. It currently also has ETFs in several other global markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investors ca<\/strong><strong>n expect returns between<\/strong><strong> 4.2-4.3%<\/strong>, Lunate\u2019s head of Public Markets Sherif Salem told CNBC Arabia (<a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/134567\/2025\/20\/02\/%D8%A7%D9%84%D8%B4%D8%B1%D9%8A%D9%83-%D9%88%D9%85%D8%AF%D9%8A%D8%B1-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9-%D9%81%D9%8A-%D8%B4%D8%B1%D9%83%D8%A9-%D9%84%D9%88%D9%8A%D9%86%D8%AA-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D8%A7%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D8%A7%D9%84%D9%85%D8%AF%D8%B1%D8%AC-%D9%8A%D8%AA%D9%8A%D8%AD-%D9%84%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D8%A7%D9%84%D8%AD%D8%B5%D9%88%D9%84-%D8%B9%D9%84%D9%89-%D8%B9%D9%88%D8%A7%D8%A6%D8%AF-%D8%AA%D8%B5%D9%84-%D8%A5%D9%84%D9%89-4.3-\" style=\"\" rel=\"noopener\">watch, runtime: 4:18<\/a>). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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- Stocks listed on the ADX can now be bought and sold on gl<\/strong><strong>obal trading platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.etoro.com\/\" style=\"\" rel=\"noopener\">eToro<\/a><\/strong>, following an agreement between ADX and eToro aimed at broadening investor access to Emirati capital markets, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/adx-listed-stocks-now-available-on-etoro-fpizg1dh\" style=\"\" rel=\"noopener\">press release<\/a>. More than 30 ADX-listed companies spanning energy, real estate, banking, finance, technology and healthcare are now available to eToro users. These stocks represent 88% of ADX\u2019s total market capitalization, which exceeds USD 800 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">FINANCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong><strong>Haifin <\/strong><strong>to boost financial resilience in Bahrain:<\/strong> e& Enterprise\u2019s anti-fraud service Haifin has signed an MoU with Bahrain-based fintech company Benefit to strengthen fraud prevention and risk management in trade finance, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/benefit-and-haifin-partner-to-drive-innovation-in-bahrains-banking-industry-xq9ha7an\" 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>In context: <\/strong>Since its launch, Haifin has prevented over USD 150 mn in fraud losses for a consortium of nearly 20 banks, having evaluated USD 100 bn in transactions in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>India<\/strong><strong>-headq<\/strong><strong>uartered real estate investment firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/nisusfin.com\/\" style=\"\" rel=\"noopener\">Nisus Finance<\/a><\/strong><strong> (NiFCO<\/strong><strong>) launched <\/strong><strong>a GCC-focused real estate fund<\/strong>, it said in a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/nisus-finance-expands-global-investor-reach-for-difc-property-fund-p00xw2sf\" style=\"\" rel=\"noopener\">press release<\/a>. The Nisus High Yield Growth Fund Closed Ended IC is a private fund available to investors via private placement and has already invested AED 200 mn in the Jumeirah Village Circle (JVC) and Al Furjan projects, chief investment officer Amit Kumar Jhunjhunwala (<a target=\"_blank\" href=\"https:\/\/ae.linkedin.com\/in\/amit-kumar-jhunjhunwala-51865318\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fund aims to raise another USD 500 mn in debt and expand its size to USD 1 bn<\/strong>, while targeting a gross internal rate of return (IRR) of 18-20%, the statement said. It hopes to secure USD 250 mn in capital commitments by 2Q 2025, helping to establish its place as a key institutional investor in the GCC\u2019s real estate market, NiFCO said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">LOGISTICS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP World boosts its UK handling capacity:<\/strong> DP World is investing GBP 60 mn in four new quay cranes at its UK Southampton container terminal, scheduled to arrive from mid-2026, according to a <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/united-kingdom\/latest-news\/dp-world-southampton-makes-60m-investment-in--record-breaking-new-cranes\" style=\"\" rel=\"noopener\">statement<\/a>. The cranes are made to service the largest ships currently in operation \u2013 holding as much as a 24k TEU \u2013 and have an operational lifespan of around 25 years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">INVESTMENT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adio<\/strong><strong> partners w<\/strong><strong>ith<\/strong><strong> Chinese companies on investment: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.investinabudhabi.ae\/en\" style=\"\" rel=\"noopener\">Abu Dhabi Investment<\/a><a target=\"_blank\" href=\"https:\/\/www.investinabudhabi.ae\/en\" style=\"\" rel=\"noopener\">Office<\/a> (Adio) signed strategic partnerships with three Chinese companies at the Abu Dhabi Investment Forum in Shanghai, the Abu Dhabi Media Office said <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/abu-dhabi-investment-office-signs-strategic-agreement-with-fosun-international-during-abu-dhabi-investment-forum-in-shanghai\/\" style=\"\" rel=\"noopener\">here<\/a>, <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/abu-dhabi-investment-office-signs-strategic-agreement-with-chinas-wind-information-during-abu-dhabi-investment-forum-in-shanghai\/\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/abu-dhabi-investment-office-signs-strategic-agreement-with-hejun-group-to-accelerate-chinese-investment-in-emirate\/\" style=\"\" rel=\"noopener\">here<\/a>. Abu Dhabi is looking to triple foreign direct investment (FDI) to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/929ca26b-e1c9-4084-b09f-4bc4f7d4a813\/uae-unveils-new-strategy-to-triple-fdi-by-2031\" style=\"\" rel=\"noopener\">AED 2.2 tn by 2031<\/a> and \u201cstrengthen economic ties with the Chinese financial ecosystem,\u201d the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/abu-dhabi-investment-office-signs-strategic-agreement-with-chinas-wind-information-during-abu-dhabi-investment-forum-in-shanghai\/\" style=\"\" rel=\"noopener\">office<\/a> said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.wind.com.cn\/\" style=\"\" rel=\"noopener\">Wind Information<\/a><\/strong><strong>, a financial data and software company, will provide market insight and analysis<\/strong> <strong>to investors and family offices in China looking towards the UAE<\/strong> and connect them with Adio. The two will co-host investment forums and Adio will facilitate access by Chinese investors to its market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And there\u2019s more:<\/strong> Consulting and capital activities firm <a target=\"_blank\" href=\"https:\/\/www.hejun.com\/\" style=\"\" rel=\"noopener\">Hejun<\/a>, which has over USD 2 bn in assets-under-management, will expose its 2k strong network of companies to the Abu Dhabi investment ecosystem in return for Adio helping businesses set up and grow in the emirate. <a target=\"_blank\" href=\"https:\/\/en.fosun.com\/\" style=\"\" rel=\"noopener\">Fosun International<\/a>, a multinational conglomerate holding company that recorded USD 13.4 bn in revenue during 1H 2024, will also receive investor support and help with expansion of its subsidiaries in Abu Dhabi from Adio.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TECH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Proofpoint<\/strong> <strong>launches local data center in Dubai: <\/strong>US-based Cybersecurity and compliance company <a target=\"_blank\" href=\"https:\/\/www.proofpoint.com\/us\" style=\"\" rel=\"noopener\">Proofpoint<\/a> will offer its human-centric security solutions through a new local data center in Dubai, it said in a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/proofpoint-strengthens-investment-in-the-uae-to-meet-customer-demand-for-cloud-based-cybersecurity-services-q6xbyy43\" style=\"\" rel=\"noopener\">press release<\/a>. Set to be operational in 1Q 2025, the data center will help UAE-based organizations meet local data residency and regulatory compliance requirements.  <\/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\/abu-dhabi-investment-office\/\">Abu Dhabi Investment Office<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adx\/\">ADX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/customs\/\">Customs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-airlines\/\">Emirates Airlines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/etfs\/\">ETFs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/lunate\/\">Lunate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/lunate-capital\/\">Lunate Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/nfbs\/\">NFBS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ras-al-khaimah\/\">Ras Al Khaimah<\/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\/tech\/\">tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-china-relations\/\">UAE-China relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-china-ties\/\">UAE-China ties<\/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=\"100969\" 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=\"100969\">\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\/21\/european-stocks-deliver-their-best-performance-against-the-us-in-a-decade-following-trumps-inauguration\/\">\r\n                            European stocks deliver their best performance against the US in a decade following Trump\u2019s inauguration                        <\/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\/21\/european-stocks-deliver-their-best-performance-against-the-us-in-a-decade-following-trumps-inauguration\/\" 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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<img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/839.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"100970\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/european-stocks-deliver-their-best-performance-against-the-us-in-a-decade-following-trumps-inauguration\/839-jpg-21\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/839.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"839.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/839.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/839.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100969\" class=\"content-area-description single-story post-100969 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam-uae tag-european-union tag-financial-markets tag-inflation tag-planet-finance tag-us-federal-reserve 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\/.f077ba6c-9d9e-4af5-bb6a-7cf28885c074.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>European <\/strong><strong>stocks have outperformed their US counterparts <\/strong><strong>since Trump\u2019s<\/strong><strong> inauguration<\/strong> amid expectations that a worst-case scenario trade war will be avoided, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/3436a0b9-fbb0-44be-af15-681318415a5d\" style=\"\" rel=\"noopener\">Financial Times<\/a> (FT) reports. The Stoxx Europe 600 index rose by 5.2% since 17 January, while the S&P 500 advanced by 2.5% and Nasdaq rose 1.7%. This marks the strongest start to a year for European stocks since the late 1980s and their best performance against the US in about a decade, FT reports, citing Bank of America analysts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Behind the trend:<\/strong> Analysts attribute this development to Trump\u2019s decision to hold off on imposing tariffs on the EU, along with the potential for peace talks in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/630bfc13-16b1-48ff-b562-99af112e1f8e\/this-morning:-emirates-nbd-is-prepping-an-at1-issuance-%2B-flydubai,-etihad-airways-eye-aircraft-acquisitions\" style=\"\" rel=\"noopener\">Ukraine<\/a>. The European stock rally has also been supported by increased bank lending and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a647eae8-f8e3-4383-83da-99c69c97794d\/%253cmark%253eeuropean-central-bank%253c%2Fmark%253e-cuts-rates-amid-stalled-growth\" style=\"\" rel=\"noopener\">lower interest rates from the European Central Bank<\/a>, Chief Investment Strategist at Russell Investments Andrew Pease said. Other reasons include fund managers increasing their allocations to European stocks since the beginning of 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The biggest gainers: <\/strong>Sectors such as finance, defense, and luxury goods have posted notable gains. Defense company Rheinmetall surged 28%, while luxury brand Richemont climbed 10% over the past month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some are now overweight on European stocks<\/strong>, including analysts at UBS, who upgraded their outlook on European stocks to overweight, citing potential lower energy prices if the Ukraine conflict ends, expansionary fiscal policy, and stronger corporate earnings.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But is it sustainable?<\/strong> Some analysts question whether the rally will last, as US tariffs may be delayed rather than permanently scrapped. Trump has signaled that European imports including cars, pharma, and chips could face <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d68f32ad-1732-446f-862d-f1751e3d9f06\/this-morning:-tabreed-eyes-usd-2-bn-ncd-issuance-as-it-looks-to-refinance-debt-%2B-arab-states-push-alternative-gaza-plan-with-potential-usd-20-bn-in-funding\" style=\"\" rel=\"noopener\">25% tariffs<\/a>, following similar charges on <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0b078426-0c56-4ce6-939d-2383f89a913a\/sca%E2%80%99s-rabie-pushes-shipping-companies-to-return-to-the-red-sea\" style=\"\" rel=\"noopener\">Canadian, Mexican<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/64778259-99da-45c4-8c53-9d22a233e042\" style=\"\" rel=\"noopener\">Chinese<\/a> goods. Meanwhile, UBS analysts warn that European outperformance has historically been short-lived, urging investors to remain cautious.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also seeing big gains so far this year: <\/strong>Hong Kong\u2019s Hang Seng index has been the best-performing major market since 20 January, rising 15%. The surge was driven by a rally in Chinese technology stocks following the introduction of the AI platform DeepSeek. Elsewhere, China\u2019s CSI 300 gained 3%, Japan\u2019s Topix rose 2%, and India\u2019s Nifty 50 declined 1% during the same period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are mostly in the red <\/strong>after inflation data from Japan showed its headline rate climbing to its highest level in two years. Japan\u2019s Nikkei slipped 0.4% at market open, while South Korea\u2019s Kospi is also 0.1% down. Hong Kong\u2019s Hang Seng is the outlier, rising a notable 2.27% at open. Meanwhile, <strong>Wall Street futures point to a potentially weak open<\/strong> after major indices slid yesterday on the back of a lackluster earnings forecast from Walmart.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tbody>\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>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\">9,620<\/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: +2.1%)<\/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>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\">5,380<\/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\">-0.2% (YTD: +4.3%)<\/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>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\">4,440<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.3% (YTD: +6.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.1% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.4% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-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>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\">12,388<\/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: +2.9%)<\/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>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\">30,915<\/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: +4.0%)<\/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>S&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\">6,118<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.4% (YTD: +4.0%)<\/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>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\">8,663<\/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: +6.0%)<\/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>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\">5,461<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0% (YTD: +11.5%)<\/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>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 76.48<\/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%<\/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 <\/strong>(Nymex)<\/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 4.17<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2,954.60<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-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 98,238<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+3.5% (YTD: +4.0%)<\/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 rose 0.3% yesterday<\/strong> on turnover of AED 1.3 bn. The index is up 2.1% 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>Hayah Ins. Company (+6.8%), Bank of Sharjah (+4.9%) and Fujairah Cement Industries (+3.9%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>National Bank of Fujairah (-10.0%), Oman & Emirates Investment Holding (-9.3%) and Abu Dhabi National Insurance Company (-4.0%). <\/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 closed down 0.2% on turnover of AED 482 mn. Meanwhile, Nasdaq Dubai rose 0.3%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CORPORATE ACTIONS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Property<\/strong> <strong>developer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.deyaar.ae\/en\/\" style=\"\" rel=\"noopener\">Deyaar Development<\/a><\/strong><strong>\u2019s board of directors has recomm<\/strong><strong>ended a <\/strong><strong>5% dividend distribution for the second consecutive year<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2048.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The proposed dividend will be submitted for approval at the company\u2019s upcoming general assembly. <\/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\/european-union\/\">European Union<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/inflation\/\">inflation<\/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\/us-federal-reserve\/\">US Federal Reserve<\/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=\"100971\" 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=\"100971\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">MY MORNING ROUTINE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/my-morning-routine-omar-sultani-managing-director-and-head-of-middle-east-and-central-asia-at-polen-capital\/\">\r\n                            My Morning Routine: Omar Sultani, managing director and head of Middle East and Central Asia at Polen Capital                        <\/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\/21\/my-morning-routine-omar-sultani-managing-director-and-head-of-middle-east-and-central-asia-at-polen-capital\/\" 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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Speaking to us this week is Omar Sultani (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/omar-sultani-cfa-61449097\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), managing director and head of Middle East and <font face=\"Arial\">Central&nbsp;<\/font>Asia at Polen Capital. <strong>Edited excerpts from our conversation:<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>My name is Omar Sultani. <\/strong>I have been in finance for quite a long time. I graduated from university in 2000, and although I had studied biology, I ended up working for a bank in Boston. When this bank was hiring me, they asked me how I was going to shift from biology to finance, and the answer I gave them was, look, I\u2019ve studied statistical analysis, I know how to do regressions \u2014 it\u2019s the same thing finance people do, but from a different perspective. They hired me as a treasury analyst. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I got hired just before the market fell out<\/strong>, so I've been through multiple cycles throughout my career \u2014 the tech bubble burst, the global financial crisis, and covid-19. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I have been with Polen for about eight months.<\/strong> I joined last year to help build out their business in the Middle East. Prior to joining Polen, I worked for another asset manager for 18 years and I ran the Middle East business for them for about a decade, so I've been in the region working out of the DIFC for over 10 years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There are three major reasons [behind our choice of Abu Dhabi for Polen Capital\u2019s office]. <\/strong>Polen has always been a firm that has invested in growth. What\u2019s been going on in Abu Dhabi and the UAE in general has been phenomenal. Abu Dhabi is growing \u2014 not just their financial center and from the perspective that it is the \u201ccapital of capital,\u201d but also in terms of its long term vision, [backed up by expansions of] regulation, innovation, and the facilities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There was also a beautiful synergy with ADGM<\/strong>, and they facilitated the opening of our office very quickly. Even for our employees, it's just a great place to live. When we polled our Polen employees, it ranked very high as a potential destination where people would relocate to for a bunch of reasons, including safety, the tax regime, the weather, and its location. It\u2019s centrally located as well, so we have access to Asia, Europe, and of course, our clients in the region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Something I've been experiencing and observing for the last decade is that interest in traditional listed products<\/strong>, like long-only listed equity or publicly traded fixed income is fading, so those programs at the pension funds and the sovereign wealth funds are shrinking. The beneficiaries of that are the alternatives books, so more illiquid assets like private credit, private equity, and hedge funds, etc. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The focus on private credit has been the case in the Middle East and the US and Europe<\/strong>, where a lot of money is flowing into that asset class. The problem when that happens is too many USDs chasing too few transactions. The reason private credit gained popularity is it became an alternative to banks where private lenders are now offering companies loans at more attractive terms than some banks, but they demand higher returns. But when there\u2019s a lot of players trying to do that, yields are compressed, and that\u2019s what has been happening [in some markets], like the US midmarket space. I think that's a bit concerning, and the quality of transactions is probably going to diminish. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So where else can investors find yield?<\/strong> We recently launched a collateralized loan obligation (CLO) equity product, which is an illiquid alternative credit product that is [getting some interest] since they are still delivering double-digit yields. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We're a growth equity and credit specialist, and we\u2019ve been doing private credit investing for over 20 years.<\/strong> We haven\u2019t launched it yet, but we\u2019ve been discussing the launch of a GCC private credit strategy. There aren\u2019t too many doing that right now. We don't want to come and fundraise and take money back to the US, we think we're going to be much more successful and build more partnerships if we can keep assets here in the region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We already have existing clients in the region despite just recently launching the office. <\/strong>We currently manage north of USD 2 bn across the GCC, so I've been meeting all the existing clients and figuring out what we can do to improve in the region. I also travel fairly extensively throughout the GCC to visit with other clients and prospective investors and to share views on the markets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I try to wake up around 5am for the Fajr prayer<\/strong>, which I think is a great way to just start the day. It\u2019s very calming. I teach yoga here in Dubai at a class every Saturday, and I\u2019ve been practicing for 17 years. At a yoga retreat, someone recommended the book <a target=\"_blank\" href=\"https:\/\/www.google.com\/search?q=The+Artist%E2%80%99s+Way&amp;rlz=1C5CHFA_enAE1107AE1114&amp;oq=The+Artist%E2%80%99s+Way&amp;gs_lcrp=EgZjaHJvbWUyBggAEEUYOdIBBzI5NmowajmoAgCwAgE&amp;sourceid=chrome&amp;ie=UTF-8#:~:text=The%20Artist%27s%20Way%3A%2030th%20Anniversary%20Edition%3A%20Cameron,amazon.com%20%E2%80%BA%20Artists%2DWay%2D25th%2DAnniversa...\" style=\"\" rel=\"noopener\">The Artist\u2019s Way<\/a>, which recommended the practice of writing your morning pages. So every morning, I try to write my morning pages \u2014 I have this A5 notebook and I fill up three pages every day. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I have two young kids, so once they wake up, they barge in and there\u2019s a lot of energy.<\/strong> Then I usually go to the gym around 6:30am and do an hour-long workout. I also try to do contrast therapy three days a week. I\u2019m a big believer in taking care of this vehicle we live in; I think Warren Buffet said it best when he said, if you were told that the car you own right now is the only car you\u2019ll ever have, how are you going to treat the car? Your body is an even better vehicle and it\u2019s the only one you\u2019re going to have. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By 7:30am, I get home and walk my kids to school<\/strong>, and then it\u2019s 8am and my workday starts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I definitely believe in work-life balance. <\/strong>When I joined my previous firm, my first manager sat me down and said: you have very strict office hours, so I want you here on time at 7am \u2014 don\u2019t come too early \u2014 and I want you out at 4pm, and whatever you do at work stays at work. He thought of it in a way that, if you\u2019re not wrapping up your work during your office hours, you\u2019re doing something wrong. I had an 18-year career there, and most people there end up staying for a really long time, because it\u2019s very important to have that balance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the evenings, I like to play music and spend time with my kids. <\/strong>I try to eliminate screentime and just listen to boring podcasts \u2014 the more boring the better, because it will help me sleep. I listen to this history podcast called <a target=\"_blank\" href=\"https:\/\/fallofcivilizationspodcast.com\/\" style=\"\" rel=\"noopener\">Fall of Civilizations<\/a>. I also try to read one book each week, and one that I recently finished was <a target=\"_blank\" href=\"https:\/\/www.amazon.ae\/Harriman-House-Psychology-Money-Happiness\/dp\/0857197681\" style=\"\" rel=\"noopener\">The Psychology of Money<\/a> by Morgan Housel. It\u2019s a wonderful book, and it really aligns with a philosophy that I have on investing, which goes back to the biology side of my education, and it\u2019s that we\u2019re very adaptive and have a fight or flight instinct that can be very bad for investing. Investment is about discipline. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I would love to see this Abu Dhabi office become the largest office outside of our head office in the US. <\/strong>We have a pretty sizable office in London, but our CEO Stan Moss\u2019 aspiration is that Abu Dhabi becomes our largest international office. I\u2019d love to hire great talent to make that happen. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The best piece of advice I received goes back to this notion of what my initial manager told me, which was, if you can,<\/strong> leave the work at the office and do not bring it home with you.<\/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\/adgm\/\">ADGM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/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=\"100973\" 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\/21\/100973-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-100973\" class=\"content-area-description single-story post-100973 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>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>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>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>17-21 February (Monday-Friday): <\/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>19-21 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 style=\"font-weight:400;\">20-25 February (Thursday-Tuesday): Subscription period for retail and institutional investors for Alpha Data\u2019s IPO.<\/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;\">21-25 February (Friday-Tuesday): Made in Russia Festival & Fair, Yas Bay Waterfront, Yas Island, Abu Dhabi.<\/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 style=\"font-weight:400;\">26 February (Wednesday): Final price announcement for Alpha Data\u2019s IPO.<\/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:\/\/investopia.ae\/events\/investopia-2025\/\" style=\"\">Investopia 2025<\/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: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;\">1 March (Saturday): Start of 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:400;\">5 March (Wednesday): Final share allocation for Alpha Data\u2019s IPO.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 March (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.beingshe.com\/future-women-leaders-forum-2025\/\" style=\"\">Future Women Leaders Forum 2025<\/a><\/span><span style=\"font-weight:400;\">, Taj Exotica, The Palm, 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;\">11 March (Tuesday): Alpha Data shares begin trading.<\/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>29 March (Saturday): New <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/186a5b62-343a-46c3-bd43-65d15490a617\/uae-lowers-minimum-driving-age-to-17-%2B-updates-traffic-regulations\" style=\"\">traffic regulations<\/a><\/span><span style=\"font-weight:400;\"> and minimum driving age to take 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;\">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;\">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;\">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>11-13 April (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ifilmfestivalabudhabi.com\/\" style=\"\">I-Film Festival<\/a><\/span><span style=\"font-weight:400;\">, Yas Creative Hub, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-13 April (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/justice-love-peace.com\/\" style=\"\">Global Justice, Love & Peace Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai Exhibition Centre, Expo City Dubai.<\/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 Air 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 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>6-7 July (Sunday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/brazil-brics-summit-rio-ea1ad30cd114143d91840a37f96725ee\" style=\"\">BRICS Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro.<\/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>7-9 October (Tuesday-Thursday): The 8th <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.icrp.org\/page.asp?id=659\" style=\"\">International Symposium on the System of Radiological Protection<\/a><\/span><span style=\"font-weight:400;\">, the Ritz-Carlton Abu Dhabi, Grand Canal. <\/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>27-29 October (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.futurehospitality.com\/world\" style=\"\">Future Hospitality Summit<\/a><\/span><span style=\"font-weight:400;\">, Madinat Jumeirah, 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;\">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>15-17 November (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/myplantgardenme.com\/\" style=\"\">Myplant & Garden Middle East Green Expo<\/a><\/span><span>, Dubai Exhibition Centre, Expo City.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-21 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dubaiairshow.aero\/en\/home.html\" style=\"\">Dubai Airshow 2025<\/a><\/span><span style=\"font-weight:400;\">, Al Maktoum International Airport, 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;\">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>3-5 February (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/x.com\/UAEmediaoffice\/status\/1890315122872045735\" style=\"\">The World Governments Summit<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/li>\n<li><span>11-13 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aieverythingglobal.com\/home\" style=\"\">AI Everything Global<\/a><\/span><span style=\"font-weight:400;\">, Adnec Center.<\/span><\/li>\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<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 2027:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Abu Dhabi\u2019s solar and battery energy facility, combining 5.2 GW of solar capacity and 19 GWh of battery storage, is set for commissioning. <\/span><\/li>\n<li><\/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 between 2027 and 2029:<\/span><\/p>\n<ul>\n<li><span>The commissioning of the seventh phase of Mohammed bin Rashid Al Maktoum Solar Park. <\/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>Alpha Data to raise up to AED 600 mn from IPO | Damac prices USD 750 mn sukuk amid strong demand | 2PointZero acquires Maseera Holding<\/p>\n","protected":false},"featured_media":100946,"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-100945","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f6e4117a-53dd-4352-998b-55fb48c519fc","teaser":"Alpha Data to raise up to AED 600 mn from IPO | Damac prices USD 750 mn sukuk amid strong demand | 2PointZero acquires Maseera Holding","photo_url":"https:\/\/ent.news\/2024\/5\/2072.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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