{"id":101044,"date":"2025-02-25T00:00:00","date_gmt":"2025-02-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=101044"},"modified":"2025-12-15T02:58:45","modified_gmt":"2025-12-15T02:58:45","slug":"uae-to-invest-usd-40-bn-in-italy","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/uae-to-invest-usd-40-bn-in-italy\/","title":{"rendered":"UAE to invest USD 40 bn in Italy"},"content":{"rendered":"<section id=\"101046\" 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=\"101046\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/this-morning-alpha-data-likely-to-price-ipo-at-top-of-range-is-sidaras-acquisition-of-wood-group-back-on-the-table\/\">\r\n                            THIS MORNING: Alpha Data likely to price IPO at top of range + Is Sidara\u2019s acquisition of Wood Group back on the table?                        <\/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 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/157.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"101047\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/this-morning-alpha-data-likely-to-price-ipo-at-top-of-range-is-sidaras-acquisition-of-wood-group-back-on-the-table\/157-jpg-26\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/157.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"157.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/157.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/157.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101046\" class=\"content-area-description single-story post-101046 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-alpha-data tag-debt tag-enterpriseam-uae tag-ipo-watch tag-ma-watch tag-sharjah-islamic-bank tag-sidara tag-sukuk tag-tabreed 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\/.1554ac03-b72b-4b2c-a298-886f54d6eec0.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>It\u2019s only Tuesday and the newsflow has once again picked up, with plenty of updates on the investment, debt, and renewables fronts. <\/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 the UAE\u2019s planned USD 40 bn in investments in Italy<\/strong>, cutting across sectors like energy, defense, and space. We also have news of a new dry ports facility linking Dubai and Abu Dhabi, Investcorp Capital planning an investment in Italian firm Epipoli, and much more. Let\u2019s dive in. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>?\ufe0f<\/strong><strong>WEATHER- <\/strong><strong>We might see more showers today<\/strong>, along with some blowing dust and a decrease in temperatures, according to our favorite weather app and the National Center of Meteorology\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2315.pdf\" style=\"\" rel=\"noopener\">forecast (pdf)<\/a>. <strong>Dubai<\/strong> will see the mercury hit 25\u00b0C today, with an overnight low of 19\u00b0C, while temperatures will hit 21\u00b0C in <strong>Abu Dhabi<\/strong>, with an overnight low of 18\u00b0C.<\/p>\n<p class=\"tag-border-left\">UPDATES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Over half of the demand for Adnoc Gas's massive USD 2.8 bn follow-on offering came <\/strong><strong>from international investors<\/strong>, with non-GCC accounts securing the majority (75%) of the order book, <a target=\"_blank\" href=\"https:\/\/www.ifre.com\/story\/5137407\/gcc-sees-biggest-ever-abb-with-adnoc-gas-sale-4f32nwylqm\" style=\"\" rel=\"noopener\">IFR<\/a> reports. Adnoc <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/98cba81a-d052-4a89-a4ee-e21db322a5b8\/adnoc-completes-sale-of-4%2525-stake-in%253cmark%253e-adnoc-gas%253c%2Fmark%253e-to-investors\" style=\"\" rel=\"noopener\">sold<\/a> an additional 4% stake in Adnoc Gas last week in a secondary share sale that was 4.4x oversubscribed, raising USD 2.8 bn, and increasing the company\u2019s free-float to 9%. The move sets the stage for Adnoc Gas\u2019s inclusion in the MSCI and FTSE emerging market indices, offering global investors greater exposure to the company.<\/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<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\"><a id=\"wwtt1\"><\/a> <strong>#2- <\/strong><strong>ADGM <\/strong><strong>completes expansion to Al Reem Island: <\/strong>ADGM has finalized its jurisdictional expansion to Al Reem Island, increasing the combined area of Al Maryah and Al Reem Islands to 14.4 mn sqm and adding 500k sqm of new office space to meet growing business demand, it said in a <a target=\"_blank\" href=\"https:\/\/www.adgm.com\/media\/announcements\/adgm-completes-al-reem-island-integration-adding-over-1100-entities-to-its-jurisdiction\" style=\"\" rel=\"noopener\">statement<\/a>. Since the expansion was first announced in April 2023, 600 new businesses have set up on Al Reem Island, while 500 existing companies have transitioned to ADGM\u2019s jurisdiction, bringing the total number of entities under its umbrella to 1.1k.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>The ADGM added Al Reem Island to its jurisdiction in November 2023 as part of its expansion to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a3d3f868-c345-4beb-85d7-3206c479c6ea\/high-demand-for-office-space-in-dubai-and-abu-dhabi-spurs-new-office-construction\" style=\"\" rel=\"noopener\">accommodate the demand for office space<\/a> in the financial hub. ADGM <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8dcfa86d-6c4f-42e8-a876-49f89eb35c70\/more-ipo-activity-ahead#:~:text=%231%2DAl,Sayah%20Al%20Mazrouei.\" style=\"\" rel=\"noopener\">waived registration<\/a> fees for Reem Island businesses until December as part of an incentive package aiming to facilitate their transition to the hub.<\/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>#3- <\/strong><strong>Sharjah<\/strong> <strong>launched Aqari, a new digital platform that streamlines real estate ren<\/strong><strong>tal<\/strong><strong> services<\/strong> by reducing the required steps to three from seven, and eliminating the need for in-person visits, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/business\/property\/sharjahs-aqari-platform-to-simplify-rental-services?_refresh=true]\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports. Previously, completing rental services involved five physical visits to various departments. In its pilot phase, over 90 companies have registered with Aqari, listing more than 4.7k properties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Plans for the platform\u2019s launch were first revealed in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/567d7083-5515-4e09-bc43-0a62026d91c9\/event-report:-day-three-of-gitex\" style=\"\" rel=\"noopener\">October 2024<\/a> as a collaboration between Sharjah Digital Department and Adres Real Estate Services.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#1-<\/strong> <strong>Alpha Data is likely to price its IPO at the top of its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0da83252-bca3-4100-a5fe-ecb9c9a0c41d\/%253cmark%253ealpha-data%253c%2Fmark%253e-could-raise-up-to-aed-600-mn-from-ipo\" style=\"\" rel=\"noopener\">indicati<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0da83252-bca3-4100-a5fe-ecb9c9a0c41d\/%253cmark%253ealpha-data%253c%2Fmark%253e-could-raise-up-to-aed-600-mn-from-ipo\" style=\"\" rel=\"noopener\">ve range<\/a><\/strong><strong> AED <\/strong><strong>1.50 per share<\/strong>, with strong demand expected to push the tech firm\u2019s valuation up to AED 1.5 bn, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-24\/uae-s-alpha-data-set-to-price-ipo-at-top-of-range-amid-ai-boom?embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing terms it has seen. The offering \u2014 which marks Abu Dhabi\u2019s first IPO of the year \u2014 is expected to raise up to USD 600 mn, reflecting sustained investor appetite for tech players operating in AI. Alpha Data\u2019s only two shareholders 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\">secondary sale<\/a> of a 40% interest. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The subscription period for retail and institutional investors is due to wrap up later today, with the company scheduled to announce its final IPO price tomorrow. Trading is expected to begin around Tuesday, 11 March. Alpha Data also appointed BHM Capital as the price stabilization manager, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2256.pdf\" style=\"\" rel=\"noopener\">DFM disclosure (pdf)<\/a>. <\/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<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\"> <a id=\"wwtt3\"><\/a> <strong>#2- Sidara\u2019s Wood Group acquisition back on the table? <\/strong>Abu Dhabi-based engineering conglomerate Sidara is once again in advanced talks to acquire UK energy services firm Wood Group, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e95b2a80-dd85-4163-bd76-3b316670d981\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports. Sidara, which withdrew from a prior takeover bid in August <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7faefc14-806b-4df1-9efe-03334330a170\/sidara-backs-out-of-plans-to-buy-out%253cmark%253e-wood-group%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">last year<\/a>, reengaged with Wood Group after its stock price plummeted in recent weeks, according to sources close to the negotiations. While discussions continued as of Monday morning, the sources cautioned that an agreement might not materialize \u2014 though under UK takeover rules, Sidara has until 24 March to make a formal offer or walk away. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax:<\/strong> Wood Group\u2019s shares rose 31.1% on the news.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wood\u2019s shares have plunged 60% <\/strong><strong>earlier this month<\/strong>, driven by governance failures, a USD 1.4 bn debt cliff due by October 2025, and the resignation of CFO Arvind Balan, who admitted to falsifying qualifications. Once valued at EUR 5 bn after its 2017 takeover of Amec Foster-Wheeler, Wood\u2019s market cap now stands at EUR 258 mn \u2014 a fraction of the valuation <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/de98445d-93db-4679-a8ea-e4fb0f1e69be\/%253cmark%253esidara%253c%2Fmark%253e-gets-access-to-due-diligence-on-wood-group\" style=\"\" rel=\"noopener\">EUR 1.6 bn<\/a> it would have had if Sidara\u2019s earlier offer came had come through last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The engineering conglomerate is now prioritizing swift acquisition to retain Wood\u2019s senior talent amid employee unrest over bonus cuts. <\/strong>Sidara aims to acquire Wood intact, though the firm explored selling its EUR 1 bn consulting arm to reduce debt. Private equity firm Apollo, a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7faefc14-806b-4df1-9efe-03334330a170\/sidara-backs-out-of-plans-to-buy-out%253cmark%253e-wood-group%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">2023 suitor<\/a>, is unlikely to counterbid, leaving Sidara as the frontrunner. <\/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\"><a id=\"wwtt4\"><\/a> <strong>#3- Tabreed taps banks for green sukuk issuance:<\/strong> District cooling firm Tabreed has appointed banks to advise on a five-year Reg S USD-denominated benchmark green senior unsecured sukuk issuance, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/capital-markets\/bonds\/dubai-listed-tabreed-mandates-banks-for-5-year-green-sukuk-oo9igjc5\" style=\"\" rel=\"noopener\">Zawya<\/a> reports. The issuance \u2014 which would come under its USD 1.5 bn trust certificate program \u2014 is still subject to market conditions. Tabreed holds a Baa3 credit rating with a stable outlook from Moody\u2019s and a BBB rating from Fitch 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>Citi and Standard Chartered Bank will act as joint global coordinators, and also serve as joint lead managers and joint bookrunners along with Emirates NBD Capital, First Abu Dhabi Bank, and HSBC. Abu Dhabi Commercial Bank has been appointed as co-manager.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Tabreed\u2019s board will also seek shareholder approval on <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 March<\/a> to issue up to USD 2 bn in an additional non-convertible issuance as it looks to refinance debt, including USD 1.2 in loans set to mature during this year.<\/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\"><a id=\"wwtt5\"><\/a> <strong>#4- <\/strong><strong>Sharjah<\/strong><strong>Islam<\/strong><strong>ic Bank\u2019s (SIB) shareholders approved its USD 500 mn <\/strong><strong>Reg S five<\/strong><strong>-year<\/strong><strong> sukuk offering<\/strong> as part of its USD 3 bn trust certificate issuance programme, according to a DFM <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2305.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. The disclosure said the issuance intends to \u201c[strengthen] the Bank\u2019s capital adequacy ration.\u201d The board also recommended that AED 458.7 mn be distributed in dividends.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The issuance had initial price thoughts of <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\">T+1.25%<\/a> and is set to be listed on Euronext Dublin and Nasdaq Dubai following a wakala structure. First Abu Dhabi Bank and Damac are also set to proceed with sukuk issuances soon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Our friends at Mashreq, along with Emirates NBD Capital, HSBC, Standard Chartered, Abu Dhabi Islamic Bank, Dubai Islamic Bank, ICD, and Warba Bank are joint lead managers and bookrunners.<\/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>#5- <\/strong><strong>Tech <\/strong><strong>firm Bird targets Dubai for global expansion: <\/strong>Dubai has been selected as a primary operational hub for Dutch cloud communications firm <a target=\"_blank\" href=\"https:\/\/bird.com\/en-us\/\" style=\"\" rel=\"noopener\">Bird<\/a> as it shifts its focus away from Europe, citing restrictive regulations and a challenging talent landscape, Bird CEO Robert Vis said in a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/robertvis_bird-is-leaving-netherlands-opens-global-activity-7298676228000022528-0HAX\/\" style=\"\" rel=\"noopener\">LinkedIn post<\/a>. Vis said Europe\u2019s restrictive regulatory environment, including the EU\u2019s AI Act, will likely stifle innovation in an era dominated by rapid AI advancements in an interview with <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/dutch-software-firm-bird-leave-europe-due-onerous-regulations-ai-era-says-ceo-2025-02-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The company \u2014 which competes with US-based Twilio in corporate communication solutions \u2014 will split its operations between Dubai, New York, and Singapore, though it will retain a small office in Lithuania and its tax base in the Netherlands.<\/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>#6- Credit ratings agency Moody\u2019s is the latest to forecast a dip or stabilization in <\/strong><strong>Dubai\u2019s <\/strong><strong>property market over the next <\/strong><strong>12 to 18 months<\/strong>, as developers face rising construction costs and potential delivery delays as construction work is outsourced, according to a ratings report for real estate developer Damac\u2019s special purpose vehicle Alpha Star picked up by <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/dubai-property-prices-likely-to-stabilise-in-next-12-18-months-moodys-h1befteg\" style=\"\" rel=\"noopener\">Zawya<\/a>. There is a large pipeline of pre-sales set for completion over the next two to three years, which could also impact pricing trends, the ratings agency said, while giving the sukuk SPV a backed senior unsecured rating of Ba2. Damac earlier this week <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ae808fa0-ca07-40ad-aa05-6284a6fc177c\/%253cmark%253edamac%253c%2Fmark%253e-prices-usd-750-mn-sukuk-amid-strong-demand\" style=\"\" rel=\"noopener\">priced<\/a> its USD 750 mn senior unsecured sukuk at T+268.9 bps, offering a 4.25% coupon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>A Deloitte report <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7b280c3a-a456-4de8-8c77-81b983ff0318\/dubai-residential-prices-to-stabilize-in-2025--deloitte\" style=\"\" rel=\"noopener\">earlier this week<\/a> projected that residential price and rent growth may slow by year-end as new supply enters the market. Knight Frank previously forecasted that Dubai\u2019s residential prices will rise by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/effa129f-34c4-4be5-9b7a-39350354b277\/dubai-home-prices-to-rise-8%2525-next-year--%253cmark%253eknight-frank%253c%2Fmark%253e.\" style=\"\" rel=\"noopener\">8% in 2025<\/a>, down from a 20% surge in 2024, with others expecting an increase in supply over the next two to three years to contribute to market stabilization. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Developers are preparing to deliver <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f4aa2499-f4e4-475c-8998-b0ac70cc6faa\/s&p-global-pushes-back-its-expectation-of-a-cooldown-in-the-property-market-on-persistent-demand\" style=\"\" rel=\"noopener\">182k units<\/a><\/strong><strong> in Dubai between 2025 and 2026<\/strong>, but construction capacity constraints could lead to delays, tightening supply and supporting short-term price increases, according to a previous S&P Global report. ValuStrat data indicated that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f9a97e80-a536-4e08-8b2f-2397ba07ae44\/dubai-property-prices-surge-27.5%2525-as-supply-falls-short\" style=\"\" rel=\"noopener\">only 58%<\/a> of the projected supply was delivered last year, marking the lowest completion rate in six years with just 27k homes completed.<\/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>#7- Abu Dhabi\u2019s government has issued tenders for stormwater drainage a<\/strong><strong>nd flood mitigation projects<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2275.pdf\" style=\"\" rel=\"noopener\">announcements (pdf)<\/a> on the <a target=\"_blank\" href=\"https:\/\/adgpg.gov.ae\/en\/For-Suppliers\/Public-Tenders\" style=\"\" rel=\"noopener\">Abu Dhabi Government Procurement Gate<\/a>. The government is seeking bids for the project amid an increase in the frequency of extreme weather events, in a bid to control flooding and increase climate resilience. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The tenders:<\/strong><\/p>\n<ul>\n<li><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2271.pdf\" style=\"\" rel=\"noopener\">first tender (pdf)<\/a><\/strong> is for the design and construction of a storm discharge network with a 7 March deadline.<\/li>\n<li><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2272.pdf\" style=\"\" rel=\"noopener\">second tender (pdf)<\/a><\/strong> is calling for diversion of storm water outfalls and is due on 21 March.<\/li>\n<li><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2270.pdf\" style=\"\" rel=\"noopener\">final tender (pdf)<\/a><\/strong> is for the lowering of the groundwater table to mitigate surface water flooding and is due on 14 March. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>It has been nearly a year since the UAE experienced the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/41b919b9-3873-4c04-9fd8-bd986b12f5ac\/yesterday-saw-a-year%25e2%2580%2599s-worth-of-rain-cause-severe%253cmark%253e-flooding%253c%2Fmark%253e-and-damage-across-the-country\" style=\"\" rel=\"noopener\">heaviest rainfall it has seen in 75 years<\/a> last April, which experts say was made <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/54d60bbd-01e7-44fe-a9a4-206268b6c9d2\/climate-change-behind-the-intensity-of-last-week%25e2%2580%2599s-storm\" style=\"\" rel=\"noopener\">40% more intense<\/a> due to climate change. Dubai acted quickly to adapt its infrastructure to the threat, approving the USD 8.2 bn rainwater drainage <a target=\"_blank\" rel=\"noopener\">Tasreef<\/a> project to address flooding challenges. Meanwhile, the UAE said it had some <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c77f8772-0834-40ee-b09c-77119f51ef3f\/adib-capital-launches-european-logistics-focused-sharia-compliant-fund\" style=\"\" rel=\"noopener\">AED 421 mn worth of water-saving projects<\/a> underway, with specialized consultants appointed to develop innovative solutions to mitigate flood damage \u2014 including sustainable water facilities such as dams, water barriers, canals, and lakes.<\/p>\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Residents can renew their visas online via <\/strong><strong>The <\/strong><strong>General Directorate of <\/strong><strong>Residency and Foreigners Affairs\u2019 (GDRFA) new AI-powered platform Salama<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/dubai-visa-now-residents-can-renew-permit-within-minutes-as-authority-launches-new-platform\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports. The first phase of the platform will process requests within minutes, and will focus on renewals and cancellations for residents, with the second phase expanding to visitors, tourists, and other services, Director of the Data Science and Artificial Intelligence Department Ghaleb Al Majid said. There are plans to expand the service to include companies as well. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Private <\/strong><strong>sector employees will work reduced hours during Ramadan<\/strong>, according to a statement by the <a target=\"_blank\" href=\"https:\/\/www.mohre.gov.ae\/en\/media-centre\/news\/24\/2\/2025\/mohre-reduction-of-2-working-hours-during-ramadan-for-private-sector-employees.aspx\" style=\"\" rel=\"noopener\">Human Resources and Emiratisation Ministry<\/a>. The ministry announced a two-hour reduction in daily working hours for the holy month, allowing companies to implement flexible or remote work arrangements within the revised schedule.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong> <strong>Parkin <\/strong><strong>rolls out a new mobile app in Dubai:<\/strong> Parkin has introduced a new mobile app that enables users to pay for public\/developer parking, manage vehicles and wallets, and purchase subscriptions, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/transport\/dubai-motorists-can-park-now-pay-later-dispute-fines-as-parkin-launches-new-app?amp=1\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports. It shows real-time parking availability, allows advance scheduling, and uses license plate recognition for AutoPay at Parkin lots and partnered malls. Users can also dispute fines, reserve spaces, extend tickets, check amenities like EV charging, and store permits in device wallets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Dubai to require Arabic lessons in private schools: <\/strong>Starting September 2025 \u2014 or April 2026 for some schools \u2014 all private schools and early childhood centers in Dubai will be required to teach Arabic to children aged 4-6, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/living-in-uae\/education\/dubai-to-introduce-arabic-for-preschoolers-what-parents-of-young-children-need-to-know-1.500045218\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. The mandate will expand gradually, with ages 3-4 added in phase two and children under three in phase three. A two-year review of phase one will shape the rollout.<\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY-<\/p>\n<p><strong>#1-<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15flbi1-dewa-organises-2nd-cycle-cleantech-innovators\" style=\"\" rel=\"noopener\">The CleanTech Innovators Exhibition<\/a><\/strong><strong>\u2019s second cycle kicks off today<\/strong> at the Sustainability and Innovation Center of Dubai Electricity and Water Authority (DEWA) and ends on Wednesday, as part of <a target=\"_blank\" href=\"https:\/\/uaeinnovates.gov.ae\/\" style=\"\" rel=\"noopener\">UAE Innovates 2025<\/a>, which started at the beginning of the month. The event will showcase the latest technologies in green hydrogen, sustainability, digital transformation, AI, solar power, and energy storage. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- A Dubai government delegation begins its four-day visit to Shenzhen, China today<\/strong>, organized by the emirate\u2019s executive office and Dubai Chambers, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bicin4i-dubai-government-delegation-visit-shenzhen\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The group will meet public and private sector leaders and tour institutions specializing in technology, innovation, digital economy, urban planning, and sustainability. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agenda includes<\/strong> meetings with officials from the Shenzhen Stock Exchange to boost financial cooperation; a meeting with Shenzhen Capital Group to strengthen SME ties; one with Tencent to explore digital transformation cooperation; and another with Huawei to discuss smart government solutions and BYD. It will also aim to attract Chinese multinationals and unicorns to Dubai. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mena.gh2events.com\/\" style=\"\" rel=\"noopener\">Connecting Hydrogen MENA<\/a><\/strong><strong> kicked off today and will wrap up on Wednesda<\/strong><strong>y <\/strong>at Madinat Jumeirah Conference Center in Dubai. The event features more than 50 sessions and 200 speakers, set to discuss clean hydrogen and ammonia. It includes networking activities and a MENA hydrogen exhibition showcasing technologies.<\/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:\/\/dubaistemcellcongress.com\/\" style=\"\" rel=\"noopener\">The<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/dubaistemcellcongress.com\/\" style=\"\" rel=\"noopener\"><\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/dubaistemcellcongress.com\/\" style=\"\" rel=\"noopener\">Dubai Stem Cell Congress<\/a><\/strong><strong>, organized by the First Stem Cell and Genomics <\/strong><strong>Laboratory (FSG) with the support of the Dubai Health Authority, takes place today<\/strong> and tomorrow at the Ritz-Carlton, Dubai International Financial Center. The event brings together up to 500 delegates, including medical professionals, technologists, oncologists, and specialists, as well as 25 international speakers. This year\u2019s theme is Bridging the Future, focusing on the latest advancements in stem cell research and regenerative medicine. <\/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\"> HAPPENING THIS WEEK- <\/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:\/\/investopia.ae\/events\/investopia-2025\/\" style=\"\" rel=\"noopener\">Investopia 2025<\/a><\/strong><strong>will kick off on Wednesday and will wrap up on Thursday<\/strong> at the St. Regis Saadiyat in Abu Dhabi. The event features over 100 speakers, including government officials, investors, entrepreneurs, economists, and major investment funds from 20 countries. It will host 2k participants and representatives from global financial and economic institutions.<\/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\"> 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 shaping up to be a calm morning in international news<\/strong>, with most foreign press focused on the Trump administration\u2019s shift away from traditional EU allies to warmer ties with Russia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US, EU not on the same page: <\/strong>US President Trump\u2019s meeting with France\u2019s Emmanuel Macron saw the two leaders disagree on Ukraine despite maintaining a friendly veneer. Macron <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/macron-arrives-white-house-ukraine-talks-with-trump-2025-02-24\/\" style=\"\" rel=\"noopener\">insisted Ukraine should be compensated<\/a> by Russia as the aggressor, and <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/02\/24\/politics\/video\/emmanuel-macron-interupts-trump-europe-ukraine-money-digvid\" style=\"\" rel=\"noopener\">corrected Trump\u2019s statements<\/a> that Europe \u201cis loaning\u201d the money to Ukraine and will get it back. Meanwhile, Trump said Washington is close to <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/02\/24\/world\/europe\/ukraine-us-mineral-wealth-deal.html\" style=\"\" rel=\"noopener\">snapping up a share of Kyiv\u2019s natural resources<\/a>, with Ukrainian President Volodymyr Zelensky visiting in a few days to sign the agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Apple announced yesterday it <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/02\/24\/2025\/apple-pledges-to-spend-500bn-on-manufacturing-in-us-to-avoid-china-tariffs\" style=\"\" rel=\"noopener\">will be investing USD 500 bn<\/a><\/strong><strong> in the US over the next four years<\/strong>, in a bid to mitigate the impact of tariffs on its supply chains. Trump confirmed that postponed tariffs on Canada and Mexico <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/02\/24\/trump-says-tariffs-on-canada-and-mexico-will-go-forward.html\" style=\"\" rel=\"noopener\">\u201cwill go forward\u201d<\/a> when the delay expires next week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE-<\/strong><\/p>\n<ul>\n<li><strong>The EU agreed to partially lift sanctions on Syria\u2019s energy sector<\/strong>, including oil exports and energy tech imports. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-24\/eu-partially-lifts-sanctions-on-syria-s-oil-industry-some-banks?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<li><strong>JP Morgan will allocate an additional USD 50 bn<\/strong> for direct lending. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/jpmorgan-sets-aside-50-billion-more-direct-lending-push-2025-02-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\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.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n\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 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   \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/uae-to-invest-usd-40-bn-in-italy-across-key-sectors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2357.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"101050\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/uae-to-invest-usd-40-bn-in-italy-across-key-sectors\/2357-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2357.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2357.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2357.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2357.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101049\" class=\"content-area-description single-story post-101049 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-adq tag-enterpriseam-uae tag-investment-watch tag-italy tag-masdar tag-mgx tag-taqa tag-uae-italy-relations wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.58c280bf-1800-4336-b28c-e3f5ea17e41a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The<\/strong><strong> UAE pl<\/strong><strong>an<\/strong><strong>s to i<\/strong><strong>nvest USD 40 bn in Italy<\/strong>, the two countries said in a <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bid42c2-government-uae-government-italian-republic-issue\" style=\"\" rel=\"noopener\">joint<\/a><a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bid42c2-government-uae-government-italian-republic-issue\" style=\"\" rel=\"noopener\">statement<\/a> published by state news agency Wam. This comes after UAE President Mohamed bin Zayed Al Nahyan visited Italian Prime Minister Giorgia Meloni in Rome, where they agreed to work towards a comprehensive strategic partnership.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The visit saw the signing of over 40 agreements<\/strong>, covering collaboration in data centers, AI, space exploration technologies, defense tech, cybersecurity, policing, health, energy and sustainability, water, and critical minerals. Cooperation between the two countries and African nations is also in the cards.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Italian energy firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.eni.com\/en-IT\/home.html\" style=\"\" rel=\"noopener\">Eni<\/a><\/strong><strong> signed three agreements with Emirati companies<\/strong>, it said in a <a target=\"_blank\" href=\"https:\/\/www.eni.com\/en-IT\/media\/press-release\/2025\/02\/pr-eni-expands-collaboration-with-uae-in-data-center.html\" style=\"\" rel=\"noopener\">press release<\/a>. These include: <\/p>\n<ul>\n<li>A letter of intent signed with Abu Dhabi\u2019s AI fund <strong><a target=\"_blank\" href=\"https:\/\/www.mgx.ae\/en\" style=\"\" rel=\"noopener\">MGX<\/a><\/strong> and state AI firm <strong>G42<\/strong> to develop <strong>blue-powered data centres<\/strong> \u2014 using energy from Eni\u2019s natural gas power plants, whose CO2 emissions are captured and stored \u2014 with an initial <strong>1 GW capacit<\/strong>y in Italy, with the first project taking place over two phases;<\/li>\n<li>An agreement with <strong><a target=\"_blank\" href=\"https:\/\/taqatransmission.com\/\" style=\"\" rel=\"noopener\">Taqa Transmission<\/a><\/strong> and renewables giant <strong><a target=\"_blank\" href=\"https:\/\/masdar.ae\/\" style=\"\" rel=\"noopener\">Masdar<\/a><\/strong> to serve as preferred <strong>off-taker<\/strong> for the <strong>tripartite subsea cable project<\/strong> that Italy and the Emirates inked with Albania <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/024f4f41-23ff-49ec-9503-d2a32513d7cd\/uae,-italy,-and-albania-ink-eur-1-bn-subsea-energy-cable-agreement\" style=\"\" rel=\"noopener\">last month<\/a> ;<\/li>\n<li>An agreement with sovereign wealth fund<strong> ADQ<\/strong> to develop <strong>critical minerals supply chain<\/strong>.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Abu Dhabi nuclear firm Emirates Nuclear Energy Corporation (Enec) <\/strong><strong>plans to invest up to EUR 500 mn in <\/strong><strong>French-Italian nuclear operator Newcleo,<\/strong> <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-24\/abu-dhabi-s-enec-eyes-investment-in-nuclear-specialist-newcleo\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported, citing sources familiar with the matter. The agreement, signed during the president\u2019s visit to Rome, includes private funding and co-investment in Newcleo\u2019s European lead-cooled fast reactor projects. Binding agreements are expected within four months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Italy\u2019s leading bank Intesa Sanpaolo also agreed with Masdar to r<\/strong><strong>enew their partnership as acquisition financier for its M&amp;A activities<\/strong>, building on previous financing for investments like Masdar\u2019s investment in the Baltic Eagle offshore wind farm, according to a <a target=\"_blank\" href=\"https:\/\/group.intesasanpaolo.com\/en\/newsroom\/all-news\/news\/2025\/intesa-sanpaolo-mou-masdar#\" 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>Italy has been growing ties with the GCC: <\/strong>The country also signed USD 10 bn in agreements with Saudi Arabia <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/d5d9c391-0fbf-45a4-94a5-2b3ba452bf30\/italy-and-ksa-sign-usd-10-bn-in-agreements\" style=\"\" rel=\"noopener\">last month<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Edge Group also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/39c7449c-f20c-4450-9962-a925e14abb1f\/idex-and-navdex-2025-day-2:-bns-worth-of-agreements-signed\" style=\"\" rel=\"noopener\">inked an agreement<\/a> with Italy's Leonardo last week at Idex, focusing on design and marketing of airborne radar systems, anti-tactical ballistic missile defense, counter-drone technology, naval combat management, radio communications, and optronics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This story was picked up by <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-24\/united-arab-emirates-to-invest-40-billion-in-italy-meloni-says\" style=\"\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong> and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/uae-plan-40-billion-investments-italy-pm-meloni-says-2025-02-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong>.<\/strong><\/p>\n<p class=\"tag-border-left\">MORE FROM THE VISIT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sheikh<\/strong><strong> Mohamed also met with Italian President Sergio Mattarella in Rome<\/strong><strong>\u2019s <\/strong><strong>Quirinal Palace<\/strong>, where they discussed strengthening bilateral ties under their strategic partnership, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bid4266-uae-president-meets-with-italian-president-during\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The leaders reviewed progress on joint initiatives and explored expanding cooperation in economic development, cultural exchange, and technology.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adq\/\">ADQ<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/italy\/\">Italy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mgx\/\">MGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/taqa\/\">Taqa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-italy-relations\/\">UAE-Italy relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"101051\" 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=\"101051\">\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\">RENEWABLES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/amea-power-to-develop-1-5-gwh-battery-storage-projects-in-egypt\/\">\r\n                            Amea Power to develop 1.5 GWh battery storage projects in Egypt                        <\/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\/25\/amea-power-to-develop-1-5-gwh-battery-storage-projects-in-egypt\/\" 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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Amea will set up a 500 MWh storage station in Benban and a 1 GWh facility in Zafarana, along with the necessary transformer stations and grid connections.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The price tag:<\/strong> While the statement doesn\u2019t disclose the cost of the project, Amea Power CTO Mahabir Sharma said <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ca968584-0699-41e9-aef7-0f07492eda58\/amea-power-to-develop-a-usd-350-mn-battery-storage-project-in-egypt\" style=\"\" rel=\"noopener\">last month<\/a> that the project will cost USD 350 mn and is slated for completion by March 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Amea is no stranger to Benban:<\/strong> The firm is setting up a 1 GW solar power plant with a 600 MWh battery storage system in Benban, which it got the golden license for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/35e02cc8-ed32-4e3b-b014-7333a52ae9a0\/%253cmark%253eamea%253c%2Fmark%253e%25e2%2580%2599s-solar-plant-in-egypt-gets-fast-tracked\" style=\"\" rel=\"noopener\">late last year<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s been keeping busy: <\/strong>The company is currently working on a USD 600 mn, 5 GW wind power project in the Gulf of Suez, in collaboration with EETC and the New and Renewable Energy Authority. It recently inaugurated the 500 MW Abydos solar plant in Kom Ombo.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART-<\/strong> A stand-alone BESS operates independently of any single power plant or specific power generation sources, storing electricity from the grid and discharging when needed. This contrasts with an integrated BESS, which is directly linked to a specific renewable energy source \u2014 typically solar or wind farms \u2014 storing only the power it generates.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/amea-power\/\">AMEA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"101053 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"101053\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/101053-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101053\" class=\"content-area-description single-story post-101053 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/youtu.be\/lIRD3hxzdgY\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1339.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"101054\" 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=\"101054\">\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\">LOGISTICS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/ad-ports-opens-dry-port-facility-between-abu-dhabis-khalifa-port-and-dubai\/\">\r\n                            AD Ports opens dry port facility between Abu Dhabi\u2019s Khalifa Port and Dubai                        <\/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\/25\/ad-ports-opens-dry-port-facility-between-abu-dhabis-khalifa-port-and-dubai\/\" 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\/25\/ad-ports-opens-dry-port-facility-between-abu-dhabis-khalifa-port-and-dubai\/')\">\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\/25\/ad-ports-opens-dry-port-facility-between-abu-dhabis-khalifa-port-and-dubai\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=AD Ports opens dry port facility between Abu Dhabi\u2019s Khalifa Port and Dubai&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/ad-ports-opens-dry-port-facility-between-abu-dhabis-khalifa-port-and-dubai\/\">\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\/25\/ad-ports-opens-dry-port-facility-between-abu-dhabis-khalifa-port-and-dubai\/&title=AD Ports opens dry port facility between Abu Dhabi\u2019s Khalifa Port and Dubai\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=AD+Ports+opens+dry+port+facility+between+Abu+Dhabi%E2%80%99s+Khalifa+Port+and+Dubai+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F25%2Fad-ports-opens-dry-port-facility-between-abu-dhabis-khalifa-port-and-dubai%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\/25\/ad-ports-opens-dry-port-facility-between-abu-dhabis-khalifa-port-and-dubai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2355.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"101055\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/ad-ports-opens-dry-port-facility-between-abu-dhabis-khalifa-port-and-dubai\/2355-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2355.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2355.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2355.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2355.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101054\" class=\"content-area-description single-story post-101054 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics tag-abu-dhabi tag-ad-ports tag-dubai tag-enterpriseam-uae tag-logistics 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\/.cacc1ce0-2ec9-4b6a-8567-d0bcd0307748.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>AD Ports has launched its first custom-bound inland dry port facility <\/strong><strong>between Abu Dhabi and Dubai Al Faya Dry Port<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2229.pdf\" style=\"\" rel=\"noopener\">statement<\/a>. The dry port will serve as an inland container depot (ICD) connected to Abu Dhabi\u2019s Khalifa Port and function as a transit terminal for trucks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The new facility looks to streamline access and cut costs for cargo handling operations from Khalifa Port <\/strong><span style=\"background-color: transparent;\">to Dubai and the northern Emirates. The first client for the port will be French logistics giant CMA CGM, with other players operating at Khalifa Port, like Switzerland's MSC and China\u2019s Cosco, set to be serviced later as operations scale up. This comes after the recently launched <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/363628d0-0ee5-4497-902c-953a79189ad4\/ad-ports-%2B-cma-cgm-launch-new-container-terminal-at-abu-dhabi%25e2%2580%2599s-khalifa-port\" rel=\"noopener\">container terminal<\/a><span style=\"background-color: transparent;\"> <\/span><strong style=\"background-color: transparent;\"><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/363628d0-0ee5-4497-902c-953a79189ad4\/ad-ports-%2B-cma-cgm-launch-new-container-terminal-at-abu-dhabi%25e2%2580%2599s-khalifa-port\" rel=\"noopener\"><\/a><\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/363628d0-0ee5-4497-902c-953a79189ad4\/ad-ports-%2B-cma-cgm-launch-new-container-terminal-at-abu-dhabi%25e2%2580%2599s-khalifa-port\" rel=\"noopener\">at Khalifa Port,<\/a><span style=\"background-color: transparent;\"> as part of a JV between AD Ports and CMA Terminals, a subsidiary of CMA CGM Group.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Details:<\/strong> The truck terminal at the dry port has an initial container capacity of 900 TEUs \u2013 scalable dependent on demand. AD Ports will deploy its Maqta Technologies\u2019 Advanced Trade &amp; Logistics Platform (ATLP) to digitally connect Khalifa Port to the new dry port. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports \u2665\ufe0f\u2019s CMA CGM:<\/strong> The pair also recently formed a JV to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e90289eb-586a-4923-8d4e-e632a86adc3f\/ad-ports-teams-up-with-cma-cgm-on-jv-to-develop-congo-terminal\" style=\"\" rel=\"noopener\">develop and operate<\/a> the New East Mole multipurpose terminal in Pointe Noire, Congo, for which AD Ports Group secured a 30-year extendable concession for the terminal in June 2023. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/abu-dhabi\/\">Abu Dhabi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"101056\" 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=\"101056\">\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\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/investcorp-capital-to-invest-in-italian-payments-firm-epipoli\/\">\r\n                            Investcorp Capital to invest in Italian payments firm Epipoli                        <\/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\/25\/investcorp-capital-to-invest-in-italian-payments-firm-epipoli\/\" 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\/25\/investcorp-capital-to-invest-in-italian-payments-firm-epipoli\/')\">\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\/25\/investcorp-capital-to-invest-in-italian-payments-firm-epipoli\/\">\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=Investcorp Capital to invest in Italian payments firm Epipoli&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/investcorp-capital-to-invest-in-italian-payments-firm-epipoli\/\">\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\/25\/investcorp-capital-to-invest-in-italian-payments-firm-epipoli\/&title=Investcorp Capital to invest in Italian payments firm Epipoli\">\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=Investcorp+Capital+to+invest+in+Italian+payments+firm+Epipoli+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F25%2Finvestcorp-capital-to-invest-in-italian-payments-firm-epipoli%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\/25\/investcorp-capital-to-invest-in-italian-payments-firm-epipoli\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1277.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"101057\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/investcorp-capital-to-invest-in-italian-payments-firm-epipoli\/1277-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1277.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1277.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1277.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1277.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101056\" class=\"content-area-description single-story post-101056 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-investcorp-capital tag-investment tag-investment-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.c0422d55-fa90-4d3f-a149-bc679ac216d7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Investcorp <\/strong><strong>Capital to invest in Italy\u2019s Epipoli: <\/strong>Abu Dhabi-based Investcorp Capital is investing in Milan-based alternative payments enabler <a target=\"_blank\" href=\"https:\/\/en.epipoli.com\/\" style=\"\" rel=\"noopener\">Epipoli<\/a>, following its recent acquisition by parent firm Investcorp, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2238.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. The investment amount has not been disclosed and remains subject to regulatory approval.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Investcorp signed a definitive agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4c09be09-5b62-456e-9d75-07e75b8170a1\/mubadala%25e2%2580%2599s-kelix-bio-acquires-diabtec\" style=\"\" rel=\"noopener\">last month<\/a> to acquire Epipoli from <a target=\"_blank\" href=\"https:\/\/www.bregalmilestone.com\/\" style=\"\" rel=\"noopener\">Bregal Milestone<\/a> and founder and CEO Gaetano Giannetto. The move aims to expand the payments and services platform while strengthening its international presence.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where the money is going: <\/strong>The investment will support Epipoli\u2019s expansion across Europe and further development of its payments and services platform, leveraging Investcorp Capital\u2019s expertise in financial technology, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Epipoli: <\/strong>Founded in 2020, Epipoli operates at the intersection of payments, employee rewards, and customer engagement services, generating EUR 400 mn in turnover. The company manages Italy\u2019s largest CRM and loyalty program, serving 6 mn customers, and launched the country\u2019s first prepaid Mastercard in 2012. Since Milestone\u2019s 2019 investment, Epipoli has quadrupled gross revenues and completed three acquisitions in Italy and Switzerland.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Investorp has deployed USD 280 mn in investments since the start of its financial year, focusing on high-return opportunities in alternative payments. It is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5c36c4bd-de96-4c9e-a0ad-f7286877ee82\/major-developers-to-work-on-aed-1-bn-luxury-project-in-ras-al-khamah%25e2%2580%2599s-al-marjan-island\" style=\"\" rel=\"noopener\">backing<\/a> its parent firm\u2019s USD 1 bn Investcorp Golden Horizon fund, which targets high-growth companies in consumer, healthcare, logistics, and business services across the GCC and China. The fund is currently investing in three Middle East projects, primarily in the UAE and Saudi Arabia, CIO Rishi Kapoor previously <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b37968ef-a142-4540-b1ad-bc516f2c1d4e\/%253cmark%253einvestcorp%253c%2Fmark%253e%25e2%2580%2599s-china-backed-fund-is-investing-in-projects-in-uae,-ksa\" style=\"\" rel=\"noopener\">told Bloomberg<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investcorp-capital\/\">Investcorp Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"101058\" 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=\"101058\">\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\">HEALTHCARE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/azizi-developments-to-invest-aed-3-bn-in-medical-complex-in-dubai\/\">\r\n                            Azizi Developments to invest AED 3 bn in medical complex in Dubai                        <\/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\/25\/azizi-developments-to-invest-aed-3-bn-in-medical-complex-in-dubai\/\" 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\/25\/azizi-developments-to-invest-aed-3-bn-in-medical-complex-in-dubai\/')\">\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\/25\/azizi-developments-to-invest-aed-3-bn-in-medical-complex-in-dubai\/\">\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=Azizi Developments to invest AED 3 bn in medical complex in Dubai&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/azizi-developments-to-invest-aed-3-bn-in-medical-complex-in-dubai\/\">\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\/25\/azizi-developments-to-invest-aed-3-bn-in-medical-complex-in-dubai\/&title=Azizi Developments to invest AED 3 bn in medical complex in Dubai\">\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=Azizi+Developments+to+invest+AED+3+bn+in+medical+complex+in+Dubai+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F25%2Fazizi-developments-to-invest-aed-3-bn-in-medical-complex-in-dubai%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\/25\/azizi-developments-to-invest-aed-3-bn-in-medical-complex-in-dubai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101058\" class=\"content-area-description single-story post-101058 post type-post status-publish format-standard hentry category-healthcare tag-azizi-developments tag-dubai tag-enterpriseam-uae tag-healthcare wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.1972d1e4-90fe-4893-b630-7ffa83fa2eac.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Azizi Developments will invest AED 3 bn in a Dubai-based me<\/strong><strong style=\"background-color: transparent;\">dical complex<\/strong><span style=\"background-color: transparent;\"> as part of its humanitarian contribution to the Fathers\u2019 Endowment campaign, according to a <\/span><a target=\"_blank\" href=\"https:\/\/www.azizidevelopments.com\/ar\/press\/aed-3-billion-contribution-to-fathers-endowment-campaign\" rel=\"noopener\">press release<\/a><span style=\"background-color: transparent;\">. The complex will include a hospital, a research center, and a medical training facility, with Azizi also funding additional endowment buildings. This marks the UAE\u2019s largest-ever private sector contribution to a humanitarian cause.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the campaign:<\/strong> The Fathers' Endowment campaign, launched under Mohammed Bin Rashid Al Maktoum Global Initiatives, aims to collect donations in honor of fathers to provide healthcare for underprivileged communities and support social values. The initiative aims to establish an AED 1 bn endowment fund to ensure sustainable healthcare access for those in need.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Azizi donated <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/56d8defb-3179-4034-8445-e02aef962098\/golden-licenses-for-business%3F\" style=\"\" rel=\"noopener\">AED 600 mn<\/a> to the Mothers\u2019 Endowment Fund in March 2024 to fund the establishment of an educational complex in Dubai, one of the largest charitable donations in the UAE\u2019s history.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/azizi-developments\/\">Azizi Developments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/healthcare\/\">Healthcare<\/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=\"101059\" 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=\"101059\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/uae-fintech-omnispay-raises-usd-1-5-mn-to-digitize-sme-payments\/\">\r\n                            UAE fintech omnispay raises USD 1.5 mn to digitize SME payments                        <\/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\/25\/uae-fintech-omnispay-raises-usd-1-5-mn-to-digitize-sme-payments\/\" 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\/25\/uae-fintech-omnispay-raises-usd-1-5-mn-to-digitize-sme-payments\/')\">\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\/25\/uae-fintech-omnispay-raises-usd-1-5-mn-to-digitize-sme-payments\/\">\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=UAE fintech omnispay raises USD 1.5 mn to digitize SME payments&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/uae-fintech-omnispay-raises-usd-1-5-mn-to-digitize-sme-payments\/\">\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\/25\/uae-fintech-omnispay-raises-usd-1-5-mn-to-digitize-sme-payments\/&title=UAE fintech omnispay raises USD 1.5 mn to digitize SME payments\">\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=UAE+fintech+omnispay+raises+USD+1.5+mn+to+digitize+SME+payments+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F25%2Fuae-fintech-omnispay-raises-usd-1-5-mn-to-digitize-sme-payments%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\/25\/uae-fintech-omnispay-raises-usd-1-5-mn-to-digitize-sme-payments\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1602.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"101060\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/uae-fintech-omnispay-raises-usd-1-5-mn-to-digitize-sme-payments\/1602-jpg-67\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1602.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1602.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1602.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1602.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101059\" class=\"content-area-description single-story post-101059 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-enterpriseam-uae tag-investment tag-startup-watch tag-startups wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.4e1a1782-2a52-4531-ba7c-a670b0b8b9d9.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE-based fintech Omnispay raised USD 1.5 mn in a seed fun<\/strong><strong>ding round led by<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/mercatus-capital.com\/\" style=\"\" rel=\"noopener\">Mercatus<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/mercatus-capital.com\/\" style=\"\" rel=\"noopener\">Capital<\/a><\/strong> to enhance its SME-focused digital payments platform across the GCC, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/omnispay-secures-us15mln-seed-round-led-by-mercatus-capital-hb8lpwts\" style=\"\" rel=\"noopener\">press release<\/a>. The round also saw participation from other regional and international investors, the press release said, without disclosing names.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Omispay: <\/strong>Founded in 2023 by Vimal Kumar (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/ambatvimal\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), Simanta Das (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/simantadas1\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), Praveen Kiran (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/praveenkiran\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) and Afzal Ibrahim (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/afzalibrahim\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), <a target=\"_blank\" href=\"https:\/\/omnispay.com\/\" style=\"\" rel=\"noopener\">Omnispay<\/a> offers a platform for SMEs to manage invoices, disburse payments, and access micro-lending. The startup has onboarded over 1.6k businesses and reports 40% m-o-m growth in processed volumes.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"101061\" 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=\"101061\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/five-holding-flydubai-post-2024-earnings\/\">\r\n                            Five Holding, Flydubai post 2024 earnings                        <\/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\/25\/five-holding-flydubai-post-2024-earnings\/\" 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\/25\/five-holding-flydubai-post-2024-earnings\/')\">\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\/25\/five-holding-flydubai-post-2024-earnings\/\">\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=Five Holding, Flydubai post 2024 earnings&url=https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/five-holding-flydubai-post-2024-earnings\/\">\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\/25\/five-holding-flydubai-post-2024-earnings\/&title=Five Holding, Flydubai post 2024 earnings\">\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=Five+Holding%2C+Flydubai+post+2024+earnings+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F02%2F25%2Ffive-holding-flydubai-post-2024-earnings%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\/25\/five-holding-flydubai-post-2024-earnings\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2351.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"101062\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/five-holding-flydubai-post-2024-earnings\/2351-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2351.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2351.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2351.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2351.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101061\" class=\"content-area-description single-story post-101061 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-enterpriseam-uae tag-five-holdings tag-flydubai 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\/.ee061a5e-380f-4d84-a3a2-259bc3834c27.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">FIVE HOLDINGS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hospitality <\/strong><strong>group Five <\/strong><strong>Holdings<\/strong><strong>\u2019 <\/strong><strong>revenue jumped 18% y-o-y to A<\/strong><strong>ED 634 mn in 4Q<\/strong><strong> 2024<\/strong>, driven by strong hospitality performance, with hospitality revenue up 41% y-o-y to AED 424 mn during the quarter, according to its <a target=\"_blank\" href=\"https:\/\/www.nasdaqdubai.com\/trading\/disclosures\/7d0a37a7-d91b-48a5-b73c-663a3953e8c9\" style=\"\" rel=\"noopener\">earnings release<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a full-year basis: <\/strong>Five posted AED 208.4 mn in net income in 2024, marking a 33.6% y-o-y decrease, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2273.pdf\" style=\"\" rel=\"noopener\">financial statements (pdf)<\/a>. Revenues rose 27.9% y-o-y to AED 2.2 bn, with hospitality revenue surging 71% to AED 1.6 bn, supported by high occupancy rates, strong average daily rates, and increased guest spending on F&amp;B and entertainment. The Pacha Group \u2014 which Five acquired for AED 1.21 bn (EUR 303 mn) in <a target=\"_blank\" href=\"https:\/\/www.nasdaq.com\/articles\/dubai-hospitality-group-five-holdings-completes-$322-mln-pacha-group-deal\" style=\"\" rel=\"noopener\">October<\/a> \u2014 generated EUR 112 mn in revenue (+7%) in its first full operational year post-acquisition.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Five\u2019s real estate segment recorded AED 525 mn in revenue<\/strong>, down from AED 732 mn in 2023, reflecting plans to move away from development activities following the completion of its <a target=\"_blank\" href=\"https:\/\/luxejbr.fivehotelsandresorts.com\/\" style=\"\" rel=\"noopener\">Five Luxe hotel in JBR<\/a>.<\/p>\n<p class=\"tag-border-left\">FLYDUBAI- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates\u2019 budget airline F<\/strong><strong>lydubai <\/strong><strong>achieved its strongest-ever financial results in 20<\/strong><strong>24<\/strong>, reporting a 16% y-o-y increase in net income before tax to AED 2.5 bn, while net income after tax reached AED 2.2 bn, the company said in its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2278.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Revenue climbed 15% y-o-y to AED 12.8 bn, driven by strong travel demand and network expansion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The airline carried 15.4 mn passengers, an 11% increase from 2023<\/strong>, while capacity rose 10% to 44.5 bn. Passenger load factor increased by 1.2%, while passenger yield increased 1%, on the back of strong demand for both business and leisure travel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead<\/strong>, \u201cwe are looking forward to another positive performance this year,\u201d CEO Ghaith Al Ghaith said, though he added that the airline\u2019s expansion plans hinge on aircraft delivery schedules stabilizing. Flydubai is expecting 12 Boeing 737s in 2025 to support fleet expansion, aircraft replacement, and network growth. Its order book includes 127 Boeing 737s set for delivery over the next decade, as well as with 30 Boeing 787 Dreamliners, its first wide-body aircraft order, valued at USD 11 bn, with deliveries beginning in 2027.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/five-holdings\/\">Five Holdings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/flydubai\/\">FlyDubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"101063\" 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=\"101063\">\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\">A MESSAGE FROM MASHREQ<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/25\/the-blueprint-for-building-a-scalable-digital-bank\/\">\r\n                            The blueprint for building a scalable digital bank                        <\/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\/25\/the-blueprint-for-building-a-scalable-digital-bank\/\" 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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Regulations, infrastructure, and even coding practices have historically been tailored to individual markets. However, at Mashreq, we believe that digital scalability is the key to unlocking new growth opportunities in an increasingly digital-first world. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The foundation of any scalable financial services business lies in its infrastructure.<\/strong> Traditionally, expansion meant building physical branches, but today, the cloud eliminates those limitations. By leveraging a delocalized, scalable cloud infrastructure, banks can transcend borders and create a seamless experience across markets. This is an ongoing challenge, but we are ahead of the curve in ensuring our infrastructure is not just digital but globally agile. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The next layer is software.<\/strong> Banking technology has long been fragmented, with each country operating on its own isolated codebase. The key to scalability is identifying which aspects of the technology stack can be standardized and which must remain local. At Mashreq, we\u2019ve cracked this challenge by maximizing commonality across client journeys\u2014whether in cards, payments, or onboarding. This approach allows us to \u201ccode once, deploy multiple times,\u201d significantly improving efficiency while maintaining regulatory compliance in each market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Finally, globalization of resources is essential.<\/strong> The best talent isn\u2019t concentrated in one country, and scaling effectively means tapping into a broader, cross-border talent pool. By offshoring key functions, we gain access to top-tier engineers, marketers, and strategists, ensuring we remain at the forefront of innovation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our UAE operations serve as a test bed for this strategy<\/strong>, allowing us to refine our offerings before exporting them to high-growth markets like Egypt and Pakistan. These countries are at the right stage of digital adoption, presenting a prime opportunity to introduce scalable, technology-driven banking solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Ultimately, true scalability is about building a system that is difficult to replicate. Many banks can copy a product or service, but few can replicate an entire operational model that seamlessly integrates infrastructure, software, and talent across multiple markets. That\u2019s where the real competitive advantage lies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fernando Morillo, Global Head of Retail Banking at Mashreq<\/strong><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/a-message-from-mashreq\/\">A MESSAGE FROM MASHREQ<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mashreq\/\">Mashreq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"101065\" 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=\"101065\">\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\/25\/mashreq-launches-mashreq-biz-an-sme-focused-online-banking-platform\/\">\r\n                            Mashreq launches Mashreq Biz, an SME-focused online banking platform                        <\/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\/25\/mashreq-launches-mashreq-biz-an-sme-focused-online-banking-platform\/\" 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 platform builds on Mashreq\u2019s 2019 digital banking solution, NeoBiz, and along with its business banking services serves over 70k customers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The platform:<\/strong><span style=\"background-color: transparent;\"> Key features of Mashreq Biz include an integrated dashboard for a complete financial overview, instant FX account openings, bulk payments, preferential rate deposit bookings, and features like workflow approvals, multi-user management, and value-added services \u2014 all accessible via web and mobile.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The development aligns with Mashreq\u2019s strategy to \u201cempower SMEs and drive the digital banking revolution in the UAE,\u201d<\/strong> Head of Retail Banking Fernando Morillo said, adding that this comes as Mashreq is \u201cexpanding [its] reach across new channels\u201d and \u201cenhancing [its] offerings.\u201d<\/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>CashTrans <\/strong><strong>partners with Sharjah Islamic Bank for advanced cas<\/strong><strong>h management: <\/strong><a target=\"_blank\" href=\"https:\/\/cashtrans.ae\/\" style=\"\" rel=\"noopener\">CashTrans<\/a>, a subsidiary of Al Ansari Financial Services, partnered with Sharjah Islamic Bank (SIB) to provide it with cash management services, including secure cash-in-transit (CIT) and processing, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/sharjah-islamic-bank-partners-with-cashtrans-for-cutting-edge-cash-management-ay4pdmg5\" style=\"\" rel=\"noopener\">press release<\/a>. As part of the agreement, CashTrans will handle currency transportation, processing, and secure banknote storage using its armored fleet, logistics network, and cash center.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>HSBC <\/strong><strong>to launch Center of Excellence in Al Ain:<\/strong> HSBC, in partnership with the Abu Dhabi Department of Economic Development, will establish a Center of Excellence in Al Ain, set to be operational by late 2025, according to a <a target=\"_blank\" href=\"https:\/\/www.about.hsbc.ae\/news-and-media\/hsbc-to-open-first-centre-of-excellence-in-al-ain\" style=\"\" rel=\"noopener\">press release<\/a>. The center will focus on collections, client services, customer experience, and skills development for UAE nationals in the financial sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#<\/strong><strong>4- <\/strong><strong>RAK <\/strong><strong>Bank partners with FaturaLab to enhance supply chain financing:<\/strong> Ras Al Khaimah National Bank (RAK Bank) has inked an agreement with FaturaLab, a supply chain solutions provider, to improve supply chain financing for UAE businesses, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/ar\/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%8A%D8%A9\/%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA\/%D8%A8%D9%86%D9%83-%D8%B1%D8%A3%D8%B3-%D8%A7%D9%84%D8%AE%D9%8A%D9%85%D8%A9-%D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A-%D9%88%D8%B4%D8%B1%D9%83%D8%A9-%D9%81%D8%A7%D8%AA%D9%88%D8%B1%D8%A9-%D9%84%D8%A7%D8%A8-%D9%8A%D8%B9%D9%82%D8%AF%D8%A7%D9%86-%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D9%81%D9%8A-%D8%AF%D9%88%D9%84-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC%D9%8A-%D9%84%D8%A5%D8%AD%D8%AF%D8%A7%D8%AB-%D9%86%D9%82%D9%84%D8%A9-%D9%86%D9%88%D8%B9%D9%8A%D8%A9-x774rtoy\" style=\"\" rel=\"noopener\">press release<\/a>. This partnership marks the first FaturaLab collaboration outside of Turkey, and will see FaturaLab integrate its supply chain solutions into RAK Bank\u2019s corporate banking operations.<\/p>\n<p class=\"tag-border-left\">CONSTRUCTION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Drake <\/strong><strong>and<\/strong><strong> Scull secures AED 1 bn Arabian Hills contracts: <\/strong>Construction engineering company <a target=\"_blank\" href=\"https:\/\/www.drakescull.com\/\" style=\"\" rel=\"noopener\">Drake and Scull International<\/a> (DSI) secured two major contracts worth over AED 1 bn for the Arabian Hills project, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/drake-and-scull-wins-major-contracts-exceeding-aed-1bln-for-iconic-arabian-hills-project-ajgljjly\" style=\"\" rel=\"noopener\">press release<\/a>. The contracts involve infrastructure works for Area 10 (Sun Valley) and Area 05 (Park Vista), including power works, street lighting, and a sewage treatment plant. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Arabian Hills project is an AED 22 bn residential project inaugurated in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c05c38a9-e886-4469-80d7-d5fc24af2a90\/%253cmark%253earabian-hills%253c%2Fmark%253e-inaugurates-aed-22-bn-residential-project\" style=\"\" rel=\"noopener\">June 2024<\/a>. It is a collaboration between Dubai-based real estate developer Arabian Hills and Core International Holdings Group's real estate division Ara Real Estate Development. <\/p>\n<p class=\"tag-border-left\">REAL ESTATE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Deyaar debuts in Umm Al Quwain: <\/strong>Dubai-based developer <a target=\"_blank\" href=\"https:\/\/www.deyaar.ae\/en\/\" style=\"\" rel=\"noopener\">Deyaar Dev<\/a><a target=\"_blank\" href=\"https:\/\/www.deyaar.ae\/en\/\" style=\"\" rel=\"noopener\">elopment<\/a> launched AYA Beachfront Residences, its first residential project in Umm Al Quwain, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/umm-al-quwain-with-aya-beachfront-residences-a-sanctuary-for-luxury-and-wellness-kh2mtrbn\" style=\"\" rel=\"noopener\">press release<\/a>. Phase one includes a beach club, wellness center, spa, infinity pool, and community hub, with future phases expected to feature a marina and retail spaces. Located 40 minutes from Dubai airport, the project is scheduled for completion in 4Q 2027. The developer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6e4d9fd6-3802-465a-b6d0-8336d3b52f5f\/shelf-drilling-taps-arabian-drilling-rigs-in-new-global-offshore-expansion-pact\" style=\"\" rel=\"noopener\">recently inked an agreement<\/a> with Umm Al Quwain Properties to develop projects along the emirate\u2019s coast. <\/p>\n<p class=\"tag-border-left\">LOGISTICS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Spring Valley expands footprints at Jafza: <\/strong>Local argo-commodity supplier Spring Valley is investing AED 184 mn to develop a new distribution hub at Jebel Ali Freezone (Jafza) to boost regional food security, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2267.pdf\" style=\"\" rel=\"noopener\">statement<\/a>. The center \u2014 spanning over 106k sq ft \u2014 will include advanced processing and storage facilities to support consumer packaging, roasting, and grinding operations. The project\u2019s first phase is slated to be completed within two years \u2014 with a projection of processing over 65k metric tonnes of staple food ingredients and garnering over AED 440 mn annually. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Noatum + Erkport launch RoRo liner JV: <\/strong>AD Ports subsidiary Noatum Maritime has entered into a JV with Turkish shipping firm Erkport to launch a new RoRo liner that aims to link key ports in the automotive sector \u2014 with Noatum Maritime owning 60% and Erkport holding the remaining 40%, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2269.pdf\" style=\"\" rel=\"noopener\">statement<\/a>.The pair will manage the new business \u2014 dubbed United Global RoRo \u2014which aims to establish regional feeder networks as well as boost the accessibility of RoRo liner services across the Arabian Gulf, Europe, the Mediterranean Sea, South Africa, and Asia. Once operational, the JV will operate 11 vessels over five services, deploying container RoRo, Pure Car and Truck Carrier (PCTC) and RoRo vessels.<\/p>\n<p class=\"tag-border-left\">M&amp;A- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- UK-born Pinewood Technologies moves to take over the rest of Dubai\u2019s See<\/strong><strong>z: <\/strong>British software company <a target=\"_blank\" href=\"https:\/\/pinewood.ai\/\" style=\"\" rel=\"noopener\">Pinewood Technologies<\/a> is set to acquire an additional 91% stake in Dubai AI-powered automotive platform <a target=\"_blank\" href=\"https:\/\/seez.co\/en\/\" style=\"\" rel=\"noopener\">Seez<\/a> in a GBP 33.3 mn transaction, according to <a target=\"_blank\" href=\"https:\/\/www.londonstockexchange.com\/news-article\/PINE\/proposed-acquisition-of-seez\/16908743\" style=\"\" rel=\"noopener\">filing<\/a> to the London Stock Exchange. The move will see Pinewood \u2014 a software-as-a-service (SaaS) company specializing in automotive retail solutions \u2014 enhance Seez\u2019s AI functionalities particularly in customer service automation, inventory management, and digital sales solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The timeline: <\/strong>The sale is expected to close on or around Wednesday, 19 March, and follows Pinewood\u2019s initial <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6e0558a4-3d4f-4eaf-8f22-4f83a9a2bde0\/%253cmark%253eseez%253c%2Fmark%253e-bags-usd-4.2-mn-to-expand-in-the-us\" style=\"\" rel=\"noopener\">USD 4.2 mn investment<\/a> in the company back in September 2024 to support its expansion in the US.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- AQD completes purchase of Australia\u2019s Plenary Group: <\/strong>Abu Dhabi sovereign wealth fund ADQ wrapped up its acquisition of a 49% stake in Australian infrastructure investment and development firm Plenary Group for an undisclosed sum, according to <a target=\"_blank\" href=\"https:\/\/plenary.com\/apac\/news\/plenary-and-adq-partnership-strengthens-australia-uae-ties\" style=\"\" rel=\"noopener\">a joint statement<\/a>. The transaction was first announced in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/afe01b22-6b79-4c86-8d63-3e06b3d1b5c0\/adq,-australia%25e2%2580%2599s%253cmark%253e-plenary%253c%2Fmark%253e-to-launch-investment-platform\" style=\"\" rel=\"noopener\">April 2024<\/a> and was said to be valued at USD 1 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Under the agreement, Plenary and ADQ created a development and investment platform called Plenary Middle East. <\/strong>This platform will focus on public and social infrastructure projects in high-growth areas throughout the Middle East and Central Asia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Next steps: <\/strong>The acquisition bolsters Plenary\u2019s balance sheet, allowing the company to expand across Australia and New Zealand, with projects including Hobart Stadium, Brisbane 2032 Olympics infrastructure, energy transmission, and transport projects. It also positions Plenary to enter new markets across the Middle East, Asia, the UK, Ireland, and Europe.<\/p>\n<p class=\"tag-border-left\">DEBT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai Islamic Bank (DIB) launched a sustainability-linked financ<\/strong><strong>e facilities <\/strong><strong>framework<\/strong>, the first of its kind for any Islamic bank globally, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/dubai-islamic-bank-publishes-its-first-sustainability-linked-finance-facilities-financing-framework-g6wbr1gl\" style=\"\" rel=\"noopener\">press release<\/a>. The framework sets criteria for sustainability-linked finance (SLF) instruments, allowing DIB to issue instruments with proceeds dedicated to financing or refinancing eligible projects. It includes key performance indicators and sustainability targets, with Standard Chartered Bank as the sole service provider.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>An annual allocation and impact report will assess SLF facilities<\/strong>, backed by a second-party opinion (SPO) and independent assurance. DIB has already secured an SPO from ISS-Corporate, confirming the framework\u2019s alignment with sustainability standards. <\/p>\n<p class=\"tag-border-left\">CLEAN ENERGY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Empower + DMCC partner on district cooling: <\/strong>District cooling firm Emirates Central Cooling Systems Corporation (Empower) has signed an agreement with the Dubai Multi Commodities Center to provide sustainable cooling services in the next phase of Uptown Dubai with 24.7k refrigeration tons (RT) capacity, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2277.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. Empower is already servicing the first phase of the project with 3.9k RT cooling capacity.<\/p>\n<p class=\"tag-border-left\">SUSTAINABILITY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The Energy and Infrastructure Ministry partnered with<\/strong><strong> Lootah Biofuels to convert <\/strong><strong>used cooking oil into biofuel<\/strong>, supporting national net-zero goals, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/uae-ministry-of-energy-and-infrastructure-launches-initiative-in-collaboration-with-lootah-biofuels-to-collect-used-cooking-oil-and-convert-it-into-clean-fuel-feh8cvpr\" style=\"\" rel=\"noopener\">press release<\/a>. Specialized containers will collect oil for processing, reducing improper disposal risks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Tadweer, Fams launch waste management platform: <\/strong>UAE-based waste management firm Tadweer Group and smart city transport firm Fams Technologies launched the Middle East\u2019s inaugural AI-integrated waste management platform in Abu Dhabi, using artificial intelligence and IoT, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bid42nn-tadweer-group-launch-region%E2%80%99s-first-ai-driven\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The system addresses the full waste lifecycle \u2014 collection, tracking, and recycling \u2014 aligning with the emirate\u2019s sustainability targets.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adq\/\">ADQ<\/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\/arabian-hills\/\">Arabian Hills<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2361.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2361.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2361.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101067\" class=\"content-area-description single-story post-101067 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam-uae tag-financial-markets tag-jpmorgan tag-planet-finance tag-qatar 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\/.a22d5a06-f6f5-424c-a946-a0b32a413715.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar wants a slice of the cake: <\/strong>It\u2019s Qatar\u2019s turn to stake its claim in global finance, as its sovereign wealth fund pours capital into firms, drawing financiers to set up shop in Doha in exchange for backing, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/78956360-bd22-499c-a6e5-b21066a2db54\" style=\"\" rel=\"noopener\">Financial Times<\/a> writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Qatar Investment Authority (QIA) has already committed nearly half of its USD 1 bn <\/strong><strong>fund-of-funds to attract VCs<\/strong>, aiming to turn the country into a regional VC hub. \u201cThere is a different level of engagement when [the partners] are prepared to invest into the country and help diversify your own economy,\u201d said Mohsin Pirzada, head of funds at the QIA.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Gulf state is following in the footsteps of its regional rivals, Saudi Arabia and Abu <\/strong><strong>Dhabi<\/strong>, which have used their sovereign wealth funds to bring global finance players into their markets. Saudi Arabia\u2019s Public Investment Fund and BlackRock launched BlackRock Riyadh Investment Management last year after the PIF committed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/21971744-56a6-435d-a24e-362419866213\/%253cmark%253eblackrock%253c%2Fmark%253e-hits-usd-5-bn-jackpot-with-pif\" style=\"\" rel=\"noopener\">USD 5 bn to BlackRock<\/a> and Abu Dhabi has become a magnet for hedge funds and asset managers like <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a66d5bc8-f2e5-433f-bdaf-d0ec78b84ef6\/abu-dhabi-continues-to-snag-asset-managers-away-from-previous-finance-hotspots\" style=\"\" rel=\"noopener\">Brevan Howard<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5e533d0f-095c-4daa-98e4-a4e8644bf08d\/us-asset-manager%253cmark%253e-pgim%253c%2Fmark%253e-launches-first-regional-office-in-adgm#:~:text=PGIM%20opens%20first,the%20local%20entity.\" style=\"\" rel=\"noopener\">PGIM<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Now, Qatar\u2019s making its own push \u2014 backing six VC firms so far<\/strong>, including Builders VC and B Capital. Two have already opened offices in Doha, while the others are finalizing their move. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar isn\u2019t just looking at venture capital \u2014 it also wants private equity-backed <\/strong><strong>companies to set up shop.<\/strong> \u201cIf these underlying companies want to expand into the Middle East, then we would roll out the red carpet and say, consider Doha as a choice,\u201d Pirzada said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar\u2019s latest play for venture capital aligns with other Gulf nation\u2019s ambitions to <\/strong><strong>diversify their economies<\/strong>, with Pirzada calling the intra-regional competition to attract fund managers \u201chealthy.\u201d<\/p>\n<p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are broadly in the red in early trading this morning <\/strong>\u2014 Japan\u2019s Nikkei is down 1%, the Shanghai Composite is looking at losses of 0.5%, the Hang Seng is down 1.9%, and the Kospi is down 0.2%. <\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,595<\/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: +1.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,335<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.5% (YTD: +3.4%)<\/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\">4,395<\/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: +5.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.3% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.4% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">12,319<\/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: +2.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">30,925<\/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: +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&amp;P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,983<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.5% (YTD: +1.7%)<\/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>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\">8,659<\/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: +6.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,454<\/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: +11.4%)<\/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 74.88<\/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-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas (Nymex) <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.99<\/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\">-5.7%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 2,969<\/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>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 93,246<\/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\">-2.7% (YTD: +0.1%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The DFM fell 0.5% yesterday<\/strong> on turnover of AED 623.8 mn. The index is up 3.4% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Shuaa Capital (+2.6%), Gulf Navigation Holding (+2.1%) and Al Salam Bank (+2.0%).<\/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 International Holding Company (-7.0%), International Financial Advisors (-6.2%) and Empower (-2.9%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the ADX<\/strong>, the index fell 0.2% on turnover of AED 12.3 bn. Meanwhile, Nasdaq Dubai closed down 0.6%.<\/p>\n<p class=\"tag-border-left\"> CORPORATE ACTIONS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates NBD shareholders approved a dividend of AED 1 per ordinary share <\/strong><strong>for the fiscal year ending 31 December 2024, totaling AED 6.3 bn<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/emirates-nbd-holds-its-18th-general-assembly-meeting-a1hri2er\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/jpmorgan\/\">JPMorgan<\/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\/qatar\/\">Qatar<\/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=\"101069\" 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\/25\/101069-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-101069\" class=\"content-area-description single-story post-101069 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 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>25-26<\/span><span> February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaistemcellcongress.com\/\" style=\"\">The Dubai Stem Cell Congress<\/a><\/span><span style=\"font-weight:400;\">, The Ritz-Carlton, Dubai International Financial Center. <\/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 style=\"font-weight:400;\">, 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 style=\"font-weight:400;\">The commissioning of the seventh phase of Mohammed bin Rashid Al Maktoum Solar Park. <\/span><\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>AD Ports opens dry port between Khalifa Port and Duba | Azizi to invest AED 3 bn in humanitarian medical complex<\/p>\n","protected":false},"featured_media":101045,"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-101044","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e05d11ff-4123-472f-b4fc-87bdbd1ac276","teaser":"AD Ports opens dry port between Khalifa Port and Duba | Azizi to invest AED 3 bn in humanitarian medical complex","photo_url":"https:\/\/ent.news\/2025\/2\/2376.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UAE to invest USD 40 bn in Italy - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/issues\/uae-to-invest-usd-40-bn-in-italy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE to invest USD 40 bn in Italy\" \/>\n<meta property=\"og:description\" content=\"AD Ports opens dry port between Khalifa Port and Duba | Azizi to invest AED 3 bn in humanitarian medical complex\" \/>\n<meta property=\"og:url\" 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