{"id":102612,"date":"2025-04-15T00:00:00","date_gmt":"2025-04-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=102612"},"modified":"2025-12-15T03:27:11","modified_gmt":"2025-12-15T03:27:11","slug":"sidara-submits-another-offer-for-uks-wood-group","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/","title":{"rendered":"Sidara submits another offer for UK\u2019s Wood Group"},"content":{"rendered":"<section id=\"102614\" 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=\"102614\">\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\/04\/15\/this-morning-syria-uae-to-resume-flights-dubai-airport-busiest-in-the-world-in-2024\/\">\r\n                            THIS MORNING: Syria, UAE to resume flights + Dubai Airport busiest in the world in 2024                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/this-morning-syria-uae-to-resume-flights-dubai-airport-busiest-in-the-world-in-2024\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/this-morning-syria-uae-to-resume-flights-dubai-airport-busiest-in-the-world-in-2024\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/this-morning-syria-uae-to-resume-flights-dubai-airport-busiest-in-the-world-in-2024\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=THIS MORNING: Syria, UAE to resume flights + Dubai Airport busiest in the world in 2024&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/this-morning-syria-uae-to-resume-flights-dubai-airport-busiest-in-the-world-in-2024\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/this-morning-syria-uae-to-resume-flights-dubai-airport-busiest-in-the-world-in-2024\/&title=THIS MORNING: Syria, UAE to resume flights + Dubai Airport busiest in the world in 2024\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=THIS+MORNING%3A+Syria%2C+UAE+to+resume+flights+%2B+Dubai+Airport+busiest+in+the+world+in+2024+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Fthis-morning-syria-uae-to-resume-flights-dubai-airport-busiest-in-the-world-in-2024%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/this-morning-syria-uae-to-resume-flights-dubai-airport-busiest-in-the-world-in-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/849.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102615\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/this-morning-syria-uae-to-resume-flights-dubai-airport-busiest-in-the-world-in-2024\/849-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/849.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"849.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/849.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/849.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102614\" class=\"content-area-description single-story post-102614 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-ai tag-aviation tag-emirates-nbd tag-enterpriseam-uae tag-ipo tag-oil-and-gas tag-opec tag-real-estate 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\/4\/.de40ceaf-195f-4fd3-b078-582cf610b6bb.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, lovely people. <\/strong>The newsflow is picking up as conference season has yet to abate, with more updates on the M&amp;A front, as well as trade finance and real estate news. <\/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 latest in the long drawn out saga with Wood Group and Dubai\u2019s Sidara<\/strong>, which looks set to end soon after Wood Group recommended Sidara\u2019s latest offer. Plus: Real estate tokenization is getting further impetus with a new JV between Abu Dhabi\u2019s Inovartic Investments and Briky Land Technologies launch blockchain-powered real estate tokenization venture in Abu Dhabi. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u26c5WEATHER- It\u2019s a cloudy (and dusty) day today, though the heat has yet to let up. <\/strong>The mercury will peak at 38\u00b0C in Dubai before cooling to 26\u00b0C overnight, while in Abu Dhabi, temperatures will reach 31\u00b0C before cooling to 26\u00b0C. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1- Flights between the UAE and Syria are set to resume<\/strong>, with coordination currently underway, the General Civil Aviation Authority said, according to state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/article\/bj6abjo-general-civil-aviation-authority-announces\" style=\"\" rel=\"noopener\">Wam<\/a>. Most countries had suspended flights to Syria, but many have resumed them after the ouster of former president Bashar Al Assad. A Syrian Airlines <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2ac8f0be-b025-4a07-aea0-788d9912b082\/this-morning:-uae-agrees-to-roll-over-pakistan-loan-another-time-%2B-dar-global-eyes-us,-greece-expansion\" style=\"\" rel=\"noopener\">flight to Sharjah<\/a> was the first to take off from Damascus International Airport in January. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>This comes following Syrian President Ahmed Al Sharaa\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/629b20df-f6bf-4ea8-9926-fa7f84978db5\/the-uae-continues-its-discussions-with-the-us-and-supports-mediation-with-iran\" style=\"\" rel=\"noopener\">visit to the UAE<\/a>, where he aimed to boost ties in a meeting with President Sheikh Mohamed bin Zayed Al Nahyan. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>#2- Dubai Holding-backed Beirut-based lifestyle retailer Azadea Group \u2014 which o<\/strong><strong>perates Zara and Virgin Megastores in the region \u2014 put its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/623d995e-497d-4cbb-bfce-d7bc097abe3f\/this-morning:-mubadala-to-restructure-getir-%2B-uae,-russia-move-closer-to-double-taxation-avoidance-agreement\" style=\"\" rel=\"noopener\">planned IPO<\/a><\/strong><strong> on <\/strong><strong>hold <\/strong>to focus on expanding operations across the region, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-14\/dubai-holding-backed-zara-operator-azadea-said-to-pause-ipo\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources it says are familiar with the matter. The decision is unrelated to recent market volatility driven by the US\u2019 new sweeping tariff policies, they said, adding that the group is prioritizing entry into new markets and growth in existing ones before revisiting a public listing. Azadea had previously invited banks to pitch for roles on the listing, which was expected to be one of the region\u2019s higher-profile offerings<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Dubai Holding acquired a minority stake in Azadea Group back in 2018 in a transaction that valued the retailer at USD 1 bn. The state-owned investment vehicle had <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/dubai-ruler-investment-vehicle-weighs-sale-25-stake-fashion-retailer-azadea-2023-09-05\/\" style=\"\" rel=\"noopener\">weighed the sale<\/a> of its stake in Azadea in September 2023, tapping JPMorgan and Rothschild as advisors. Dubai Holding is separately <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6675b0ae-8e52-4e2f-9ea4-82ac5e5efd03\/%253cmark%253edubai-holding%253c%2Fmark%253e-mulls-ipos-for-commercial-and-residential-property-units\" style=\"\" rel=\"noopener\">planning to float<\/a> two of its property portfolio units.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a><strong> #3- <\/strong><strong>Could Dubai\u2019s<\/strong> <strong>real estate market face a slowdown amid global market turmoil? <\/strong>Dubai\u2019s housing market, which saw residential values soar nearly 70% since late 2020, could be facing its biggest test yet amid global economic headwinds, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-14\/dubai-property-boom-faces-pressure-as-oil-falls-trump-tariffs-test-demand\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Prices have already begun to moderate, rising at 16% in 2024 \u2014 down from 20% the year before \u2014 while February saw <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/940db96e-f252-40cc-b208-df6c78dee64c\/more-signs-of-a-looming-price-correction-in-the%253cmark%253e-property%253c%2Fmark%253e-market%3F\" style=\"\" rel=\"noopener\">price growth slow<\/a> in the emirate.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil, tariffs, and global fears:<\/strong> The recent dip in oil prices to below USD 65 per barrel, combined with Opec+\u2019s supply boost and Trump\u2019s new tariffs on the region\u2019s biggest oil buyer, China, is clouding the outlook for Gulf economies. Past property crashes in 2014 and 2020 were closely linked to oil slumps, and a downturn in government projects and hiring resulting from less oil revenues in state coffers could weaken demand in Dubai\u2019s real estate market, according to Oracle Financial\u2019s Mohammed Ali Yasin. The proportion of international investment in the emirate could also make it vulnerable to global economic tensions, JLL\u2019s Taimur Khan said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Developers still bullish\u2026 for now: <\/strong>Despite the pressure, Binghatti Properties says it completed all planned sales last week, while Betterhomes CEO Louis Harding believes new residency incentives like golden visas will help offset Dubai weather any downturn. A weakened greenback could also work to foreign buyers\u2019 advantage. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But real estate stocks are facing the brunt of the sell-off: <\/strong>Dubai\u2019s biggest developer, Emaar Properties, is down more than 10% since the announcement of the tariffs. Aldar has also lost more than 5%. <\/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>#4- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/alansariexchange.com\/\" style=\"\" rel=\"noopener\">Al<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/alansariexchange.com\/\" style=\"\" rel=\"noopener\"><\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/alansariexchange.com\/\" style=\"\" rel=\"noopener\">Ansari Exchange<\/a><\/strong><strong> is set to open <\/strong><strong>15 new branches i<\/strong><strong>n the UAE in 2025<\/strong>, subject to regulatory approvals, as part of its plans to better serve the 70% of customers with lower income who need \u201cphysical branches,\u201d Al Ansari CEO Rashed Al Ansari told CNBC (<a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/136641\/2025\/14\/04\/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A-%D9%84%D9%84%D8%A3%D9%86%D8%B5%D8%A7%D8%B1%D9%8A-%D9%84%D9%84%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D8%B4%D8%B1%D9%83%D8%A9-BFC-%D8%B3%D8%AA%D8%B4%D9%83%D9%84-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D9%81%D9%8A-%D8%A5%D9%8A%D8%B1%D8%A7%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A9-%D8%A8%D9%86%D8%B3%D8%A8%D8%A9-20--%D9%88%D8%A7%D9%84%D8%B1%D8%A8%D8%AD-%D8%A8%D9%80-13-\" style=\"\" rel=\"noopener\">watch, runtime: 6:19<\/a>). The firm is also looking to expand its digital offerings.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Regional and global expansion:<\/strong> Al Ansari is looking to replicate its successes in the UAE across its other markets, with a focus on the GCC and India, and is targeting using digital solutions and AI to manage and scale up operations and efficiency. Future acquisitions in the GCC are also in the cards, following its recent acquisition of Bahraini forex firm <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dd13d1ff-7bef-4986-8496-eb8d37ff416e\/masdar-now-owns-100%2525-of-terna-energy-%2B-al%253cmark%253e-ansari%253c%2Fmark%253e-wraps-bfc-acquisition\" style=\"\" rel=\"noopener\">BFC Group Holdings<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Post-BFC acquisition: <\/strong>Al Ansari\u2019s acquisition of BFC makes the company the largest currency exchange service in the UAE and Bahrain, and the third largest in Kuwait. The move is expected to increase revenues by 20% and income by 13%, with the effect set to be seen from 2Q 2025. The rebranding of BFC will be a gradual process over several years.<\/p>\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FinMin i<\/strong><strong>ssues requirements for audited financial statements for<\/strong><strong> corporate tax:<\/strong> The Finance Ministry has exempted companies from having to submit standalone financial statements for corporate tax purposes, maintaining only the requirement for audited special purpose aggregated financial statements for corporate tax purposes, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bj6aawd-ministry-finance-amends-ministerial-decision\" style=\"\" rel=\"noopener\">Wam<\/a> reported. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The gov\u2019t has been working to ease corporate tax requirements for investors:<\/strong> The Finance Ministry recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1066e4e4-7333-467d-8019-fc8eb09c88b4\/finance-ministry-eases%253cmark%253e-corporate-tax%253c%2Fmark%253e-requirements-for-investors\" style=\"\" rel=\"noopener\">introduced<\/a> a number of new amendments that exempt Qualifying Investment Funds (QIFs) and Qualifying Limited Partnerships (QLPs) from paying corporate tax under certain conditions, with the decision coming as part of efforts to attract more investments and promote economic growth. The ministry also issued amendments in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2db0a5ff-1013-46db-8db7-b8835cc6d844\/finance-ministry-eases%253cmark%253e-corporate-tax%253c%2Fmark%253e-compliance-requirements\" style=\"\" rel=\"noopener\">November<\/a> to ease administrative and tax compliance requirements for domestic businesses, foreign partnerships, and family foundations.<\/p>\n<p class=\"tag-border-left\">DATA POINT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>Dubai Internat<\/strong><strong>ional Airport has been named the world\u2019s busiest international <\/strong><strong>airport in 2024 once again by the Airports Council International (ACI)<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/aci.aero\/2025\/04\/14\/the-busiest-airports-in-the-world-defy-global-uncertainty-and-hold-top-rankings\/\" style=\"\" rel=\"noopener\">statement<\/a>. International travelers grew nearly 6.1% y-o-y to 92.3 mn during the period, with PIF-backed London Heathrow Airport following closely in second-place, with international passengers up 5.7% y-o-y at 79.1 mn. The total volume of passengers globally rose by 9% y-o-y to 9.5 bn.<\/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>Dubai<\/strong><strong> approved just shy o<\/strong><strong>f 1.2k new restaurant licenses in 2024<\/strong>, according to the annual <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/819.pdf\" style=\"\" rel=\"noopener\">Dubai Gastronomy Industry Report (pdf)<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/819.pdf\" style=\"\" rel=\"noopener\"><\/a> from the Economy and Tourism Department. Online searches for its dining scene jumped 23.5% y-o-y to 741.5k between January and July, and the emirate was runner up to Paris as a gastronomy capital.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Dubai<\/strong><strong>, Abu Dhabi in global rankings for attracting individual and corporate wealth: <\/strong>Dubai and Abu Dhabi have claimed the top two spots for attracting high-net-worth individuals (HNWIs), according to the <a target=\"_blank\" href=\"https:\/\/www.savills.co.jp\/insight-and-opinion\/savills-news\/220906-0\/savills-dynamic-wealth-indices--singapore-tops-list-for-business-relocation--followed-by-seoul--new-york--london-and-abu-dhabi\" style=\"\" rel=\"noopener\">Savills Dynamic Wealth Indices<\/a>. Abu Dhabi also ranked among the top five destinations for corporate relocations, thanks to its tax and regulatory environment, and strong levels of foreign direct investment. The UAE\u2019s economic diversification efforts were also cited as a factor in drawing in more individual and corporate wealth.<\/p>\n<p class=\"tag-border-left\"> OIL WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a><strong> Opec cut its global oil demand forecast for 2025 by 150k barrels a day (bbl \/ d) t<\/strong><strong>o 1.3 mn bbl \/d <\/strong>in its latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/838.pdf\" style=\"\" rel=\"noopener\">Monthly Oil<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/838.pdf\" style=\"\" rel=\"noopener\">Market Report (MOMR) (pdf)<\/a>, citing the impact of the US tariffs. Demand in Organization for Economic Co-operation and Development (OECD) countries is projected to rise by just 0.04 mn bbl \/ d, while non-OECD demand is forecast to grow by 1.25 mn bbl \/ d. The outlook for 2026 was also revised down to 1.3 mn bbl \/ d, with OECD demand expected to increase by 0.1 mb\/d and non-OECD demand by 1.2 mn bbl \/ d. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates <\/strong><strong>NBD revises down oil futures forecast: <\/strong>Emirates NBD has adjusted its price forecast for Brent futures down to USD 68 per barrel from USD 73, and WTI futures down to USD 65 from USD 71 in its latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/795.pdf\" style=\"\" rel=\"noopener\">market report (pdf<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/795.pdf\" style=\"\" rel=\"noopener\">)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale: <\/strong>The forecast comes as oil markets are being hit with increased supply from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/074b3f33-57bb-4f94-9170-2de99fefdb12\/this-morning:%253cmark%253e-opec%253c%2Fmark%253e%2B-to-hike-production-next-month-%2B-emergency-gaza-focused-arab-league-summit-kicks-off-in-egypt-today\" style=\"\" rel=\"noopener\">Opec+ production hikes<\/a> and amid the threat of decreased demand following US President Donald Trump\u2019s tariff agenda. A breakdown in Opec+ cooperation could be in the cards, after some national oil companies \u2014 including Aramco \u2014 cut selling prices, which could lead to a further decline in prices, the report said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What this means: <\/strong>While the direct impact of tariffs on most of the GCC economies is limited, given that oil and natural gas are exempt from duties, the revised lower price forecast means weaker fiscal and external positions across the region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Oil markets have plunged since early April, driven by fears that escalating tariffs will spark a global slowdown and reduce oil demand growth. Brent crude briefly fell below USD 60 a barrel, its lowest since 1Q 2021, before recovering after the US delayed tariffs on several countries for 90 days.<\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- It\u2019s day two of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ipscongress.com\/\" style=\"\" rel=\"noopener\">IPS Congress<\/a><\/strong><strong> at the Dubai World Trade Center<\/strong>, which is running until Wednesday. The event brings together international delegates and stakeholders from the global real estate and investment scene to showcase projects, engage in discussions, and network. This year\u2019s edition will also cover the future of urban planning, design, and technology through IPS Future Cities, IPS Design, IPS Services, and IPS PropTech Startups.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adghw.com\/\" style=\"\" rel=\"noopener\">The Abu Dhabi Global Health Week<\/a><\/strong><strong> is kicking off today and will continue until Thursday <\/strong>at the Adnec Center in Abu Dhabi. The event will gather global and regional stakeholders to promote collaboration and investment in healthcare solutions. Key topics include health longevity, health system resilience, healthtech and AI, and life sciences.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.woodshowglobal.com\/dubai\" style=\"\" rel=\"noopener\">Dubai Wood Show<\/a><\/strong><strong> is also on its penultimate day<\/strong> at the Dubai World Trade Center. The three-day event will welcome more than 680 international exhibitors from 132 countries, showcasing the latest trends and technologies in the global wood and woodworking machinery sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- It is also the second day of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/sezdubai.com\/?trk=public_post_comment-text#why-should-i-attend\" style=\"\" rel=\"noopener\">Solana Economic Zone<\/a><\/strong><strong> in Dubai<\/strong>. The two-week event will run until Saturday, 26 April and focus on blockchain innovation, providing a platform for founders, builders, and investors looking to set up crypto and blockchain businesses in Dubai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/adghwofficial_alshifaasummit-integrativemedicine-adghw2025-activity-7316713520887214080-IKjo\/\" style=\"\" rel=\"noopener\">Al Shifaa Summit for Integrative Medicine<\/a><\/strong><strong> starts today and will wrap up on <\/strong><strong>Thursday<\/strong> as part of Abu Dhabi Global Health Week. The event gathers policymakers, healthcare leaders, researchers, and practitioners for discussions, knowledge exchange booths, and exhibitions focusing on medical regulation, research, education, and patient access.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- The<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.alhudacibe.com\/giftf2025\/index.php\" style=\"\" rel=\"noopener\">Global Islamic FinTech Forum<\/a><\/strong><strong> begins today<\/strong> at the Dusit Thani Hotel in Dubai. Experts, investors, and regulators will discuss developments in shariah-compliant financial technology, digital payments, peer-to-peer lending, takaful, and blockchain-based financial services.<\/p>\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>#1- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.fastbull.com\/fastbull-finance-summit-dubai-2025?platform=2\" style=\"\" rel=\"noopener\">The FastBull Finance Summit<\/a><\/strong><strong> will take place on Wednesday and Thursda<\/strong><strong>y<\/strong> at the Coca Cola Arena in Dubai. The event will cover global finance, the foreign exchange market, and blockchain financial technology, with economist Jim Rogers set to deliver a keynote speech.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.eventbrite.co.uk\/e\/the-9th-abu-dhabi-sustainable-business-leadership-forum-2025-tickets-952510814487\" style=\"\" rel=\"noopener\">Abu Dhabi Sustainable Business Leadership Forum<\/a><\/strong><strong> is happening on Wednesday <\/strong><strong>and <\/strong><strong>Thursday<\/strong>at the Four Seasons Hotel in Abu Dhabi. This year\u2019s edition, under the theme Collaboration for Impact: Harnessing Artificial Intelligence for Sustainable Business Practices, will bring together global leaders in sustainability, technology, and business for panel discussions and workshops on using AI in sustainable supply chains, waste reduction, and energy efficiency.<\/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:\/\/discover.commvault.com\/events-shift-roadshow-dubai-registration.html?_gl=1*7115ws*_gcl_au*MTg3MjQ4NDc0NC4xNzQxMTc3NTU4*_ga*ODk4Mjk1NTQxLjE2NTM0NjYzMDI.*_ga_M2TFPKFW4N*MTc0MjQ2MDA2NC4yOTYuMS4xNzQyNDYwMDczLjAuMC4w\" style=\"\" rel=\"noopener\">Commvault\u2019s Shift Roadshow<\/a><\/strong><strong> event will take place on Thursd<\/strong><strong>ay<\/strong> at Dubai\u2019s Museum of The Future, gathering cyber-resilience leaders, IT experts, and C-suite executives to discuss how businesses can safeguard against the growing threat of AI-driven cyber attacks. Attendees can expect keynote sessions, expert panels and insights from industry giants like Microsoft, AWS, and IDC.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- A summit on the role of Designated Non-Financial Business<\/strong><strong>es and Professions <\/strong><strong>(DNFBPs) in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bj6abb0-uae-host-summit-role-dnfbps-sector-combating\" style=\"\" rel=\"noopener\">combating financial crimes<\/a><\/strong> <strong> will be held this Wednesday and Thursday in Dubai.<\/strong> Organised by the Economy Ministry and the Executive Office for Control and Non-Proliferation, the event will focus on raising awareness about customer due diligence, verification procedures, and the sector's role in preventing terrorism financing and arms proliferation.<\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What else could it be? Tariffs are still top of mind for the global press<\/strong> \u2014 with US President Donald Trump laying down the foundation for a levy on chips and pharma, after launching a probe into the industries. The probes began at the start of the month and could take months to conclude, though Trump and other officials have said it could end quickly, with Trump even suggesting tariffs on imported chips could come as soon as next week. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-14\/trump-moves-to-put-tariffs-on-chips-drugs-in-motion?srnd=homepage-middle-east&amp;embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/d92bb44e-a155-4f31-bcd1-1b9dc98eb0e8\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/apple-shares-lead-tech-higher-after-tariff-exemptions-2025-04-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/04\/14\/business\/economy\/trump-semiconductor-tariffs-china.html\" style=\"\" rel=\"noopener\">NYT<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- Trump also signaled he could modify the 25% tax on foreign auto parts<\/strong>, saying he\u2019s a \u201cflexible guy\u201d and that automakers need some time. (<a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/trump-tariffs-autos-economy-90eb2a7ac8a662a1fcb2079e56ad6112\" style=\"\" rel=\"noopener\">AP<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax: <\/strong>Auto shares rose on the news, with General Motors closing 3.5% higher and Ford closing 4.1% higher. Big Tech also seems to still be cheering the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/259e875c-d516-4a63-8620-5eb46cc2920e\/this-morning:-tabreed-eyes-asian-expansion-+-uae-is-ninth-globally-for-fdi-confidence\" style=\"\" rel=\"noopener\">temporary reprieve<\/a> from the tariffs, with Apple now up 2.2% after losing more than 9% over the past two weeks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO GETTING ATTENTION- Meta CEO Mark Zuckerberg took the stand yesterday in an antitrust trial <\/strong>that accuses it of building a social media monopoly and could force the company to sell off Instagram and WhatsApp. (<a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/meta-ftc-antitrust-instagram-whatsapp-facebook-f602a09e86c9eb4538949572f72e8380\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/meta-fights-to-keep-instagram-and-whatsapp-as-antitrust-trial-begins-8c6911d9?mod=hp_lead_pos5\" style=\"\" rel=\"noopener\">WSJ<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/04\/14\/technology\/meta-antitrust-trial-ftc.html\" style=\"\" rel=\"noopener\">NYT<\/a>) <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq.<span style=\"background-color: transparent;\">&nbsp;<\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" rel=\"noopener\">Tap or click here<\/a><span style=\"background-color: transparent;\"> to get your own copy of EnterpriseAM UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The IMF and World Bank\u2019s spring meetup will kick off in six days\u2019 time <\/strong>against the backdrop of mounting trade tensions and tariff escalations. The six-day <a target=\"_blank\" href=\"https:\/\/meetings.imf.org\/\" style=\"\" rel=\"noopener\">2025 Spring Meetings of the IMF and World Bank Group<\/a> will bring together policymakers, central bankers, economists, private sector leaders, and more to discuss what the year ahead holds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019re yet to hear who will be representing the UAE at the meetings<\/strong>, but we\u2019re expecting some of the most senior members of the cabinet to soon be jetting off to Washington DC for the event. Last year saw a delegation led by State Minister for Financial Affairs Mohamed Hadi Al Hussaini attend the meetings.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You can check out the full schedule on the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/meetings.imf.org\/en\/2025\/Spring\/Schedule\" style=\"\" rel=\"noopener\">event\u2019s official website<\/a><\/strong><strong>.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/bsg.ae\/en\/bx-2025\" style=\"\" rel=\"noopener\">Behavioral Exchange 2025 Conference (BX2025)<\/a><\/strong><strong> will take place on Wednesday, 30 <\/strong><strong>April and Thursday, 1 May<\/strong> at New York University Abu Dhabi. The event will bring together global experts to explore how behavioral science can inform public health, climate adaptation, digital governance, and early education.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/dubaifintechsummit.com\/get-involved\/?utm_source=google&amp;utm_medium=pmax&amp;utm_campaign=delegates&amp;matchtype=&amp;keyword=&amp;cid=22130504598&amp;agid=&amp;device=c&amp;placement=&amp;creative=&amp;utm_source=google&amp;utm_medium=cpc&amp;utm_campaign=&amp;utm_term=%7Bterm%7D&amp;hsa_acc=9679358392&amp;hsa_cam=22130504598&amp;hsa_grp=&amp;hsa_ad=&amp;hsa_src=x&amp;hsa_tgt=&amp;hsa_kw=&amp;hsa_mt=&amp;hsa_net=adwords&amp;hsa_ver=3&amp;gad_source=1&amp;gclid=CjwKCAjwwe2_BhBEEiwAM1I7sZBoLRwiAePtCqwg6Av7xnOjV4Umt1wxGTXZRcyvF7rlO1aDEDrJnBoC9jkQAvD_BwE\" style=\"\" rel=\"noopener\">Dubai FinTech Summit<\/a><\/strong><strong> will be held on Monday, 12 May and Tuesday, 13 May<\/strong> at Madinat Jumeriah in Dubai. The event will address financial sector trends, regulatory compliance, blockchain tech, AI-driven services, and digital banking, while analyzing investment flows, global economic shifts, and cross-border regulations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wetex.ae\/\" style=\"\" rel=\"noopener\">Water, Energy, Technology and Environment Exhibition (WETEX)<\/a><\/strong><strong> will take place fro<\/strong><strong>m Tuesday, 30 September to Thursday, 2 October <\/strong>at the Dubai World Trade Center. This year's event will bring together thousands of global companies, policymakers, and experts to explore innovations that support the UAE\u2019s Net Zero 2050 Strategy and Dubai\u2019s clean energy ambitions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.cmtevents.com\/aboutevent.aspx?ev=250510\" style=\"\" rel=\"noopener\">Low Carbon Fuels MENA Summit<\/a><\/strong><strong> 2025 will take place on Tuesday, <\/strong><strong>13 and <\/strong><strong>Wednesday, 14 May<\/strong> at the Sheraton Dubai Creek Hotel &amp; Towers. The summit will gather global experts and regional leaders to discuss the challenges and potential in the low-carbon fuel sector, and will feature exhibitions from businesses.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-nbd\/\">Emirates NBD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo\/\">IPO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/opec\/\">OPEC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"102616\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n    <div class=\"issue-sponsor-slides-div\">\r\n        \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43010.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/20607.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43009.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/hap.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/20617.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>From OUR FAMILY to YOURS<\/span>\r\n                <\/div>\r\n            <\/div>\r\n                <\/div>\r\n    <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"102617\" 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=\"102617\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/sidara-submits-another-offer-for-uks-wood-group-for-usd-318-4-mn\/\">\r\n                            Sidara submits another offer for UK\u2019s Wood Group for USD 318.4 mn                        <\/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\/04\/15\/sidara-submits-another-offer-for-uks-wood-group-for-usd-318-4-mn\/\" 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\/04\/15\/sidara-submits-another-offer-for-uks-wood-group-for-usd-318-4-mn\/')\">\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\/04\/15\/sidara-submits-another-offer-for-uks-wood-group-for-usd-318-4-mn\/\">\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=Sidara submits another offer for UK\u2019s Wood Group for USD 318.4 mn&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/sidara-submits-another-offer-for-uks-wood-group-for-usd-318-4-mn\/\">\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\/04\/15\/sidara-submits-another-offer-for-uks-wood-group-for-usd-318-4-mn\/&title=Sidara submits another offer for UK\u2019s Wood Group for USD 318.4 mn\">\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=Sidara+submits+another+offer+for+UK%E2%80%99s+Wood+Group+for+USD+318.4+mn+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Fsidara-submits-another-offer-for-uks-wood-group-for-usd-318-4-mn%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\/04\/15\/sidara-submits-another-offer-for-uks-wood-group-for-usd-318-4-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/853.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102618\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/sidara-submits-another-offer-for-uks-wood-group-for-usd-318-4-mn\/853-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/853.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"853.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/853.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/853.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102617\" class=\"content-area-description single-story post-102617 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseam-uae tag-investment tag-ma-watch tag-sidara tag-wood-group 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\/4\/.b3e9fbcf-deb1-4966-8e8d-f9ebff02a31d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Sidara moves <\/strong><strong>on Wood Group takeover ahead of a Thursday deadline: <\/strong>Dubai-based engineering and consulting group <a target=\"_blank\" href=\"https:\/\/sidaracollaborative.com\/\" style=\"\" rel=\"noopener\">Sidara<\/a> submitted a non-binding conditional proposal to acquire 100% of London-listed oilfield services firm <a target=\"_blank\" href=\"https:\/\/www.woodplc.com\/\" style=\"\" rel=\"noopener\">Wood Group<\/a> after making \u201csignificant progress\u201d on due diligence, according to a <a target=\"_blank\" href=\"https:\/\/www.woodplc.com\/news\/latest-press-releases\/2025\/update-on-possible-offer\" style=\"\" rel=\"noopener\">statement<\/a>. Sidara\u2019s non-binding bid includes a GBP 0.35 per share cash offer, giving the transaction a value of around USD 318.4 mn, and a multi-tranche USD 450 mn debt facility that it would use to refinance maturing debt facilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Refresher:<\/strong><span style=\"background-color: transparent;\"> Last month, WG gave Sidara <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ed8f68f6-bcb1-4dd6-a383-2fc73af1569d\/this-morning:-taqa-revives-talks-for-a-stake-in-spanish-gas-producer-and-renewables-firm-naturgy--report-%2B-global-energy-demand-grew-2.2%2525-in-2024\" rel=\"noopener\">until Thursday, 17 April,<\/a><span style=\"background-color: transparent;\"> to decide whether to make a formal takeover offer. The move brings Sidara one step closer to sealing a transaction that\u2019s been on and off since <\/span><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\" rel=\"noopener\">June of last year)<\/a><span style=\"background-color: transparent;\"> \u2014 though this time the terms are considerably slimmer. The company had offered to pay GBP 1.6 bn for the company <\/span><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\" rel=\"noopener\">last August<\/a><span style=\"background-color: transparent;\">, before deciding to walk away from the bid due to market instability and geopolitical concerns.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wood\u2019s board likes the offer price: <\/strong>Wood\u2019s board signaled it would back the bid if formalized, saying it is \u201cbetter option\u201d for Wood\u2019s shareholders. The transaction is contingent on the publication of Wood's latest financials and a binding agreement on debt restructuring, among other conditions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax: <\/strong>Wood\u2019s share price jumped 4.4% on the news, to close at GBP 0.26 yesterday. <\/p>\n<p class=\"tag-border-left\">IN OTHER M&amp;A NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GFH pulls the plug on Ithmaar portfolio talks: <\/strong>DFM and ADX-listed Bahraini Islamic investment bank <a target=\"_blank\" href=\"https:\/\/gfh.com\/\" style=\"\" rel=\"noopener\">GFH Financial Group<\/a> scrapped plans to acquire DFM-listed <a target=\"_blank\" href=\"https:\/\/ithmaarholding.com\/\" style=\"\" rel=\"noopener\">Ithmaar Holding<\/a> \u2019s financing and investment portfolios upon mutual agreement, according to two separate filings to the bourse (<a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/829.pdf\" style=\"\" rel=\"noopener\">here, pdf<\/a>, and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/828.pdf\" style=\"\" rel=\"noopener\">here, pdf<\/a>). The decision follows preliminary due diligence and discussions, with both parties citing unmet requirements for closing the transaction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Ithmaar\u2019s shareholders had approved the transaction in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f4739c52-a35b-48b5-b2fd-45314a7844a4\/mubadala-backed-zamp-acquires-rights-to-starbucks-brand,-stores-in-brazil-%2B-gfh-gets-shareholder-nod-to-acquire%253cmark%253e-ithmaar%253c%2Fmark%253e-holding\" style=\"\" rel=\"noopener\">June of last year<\/a>. The exact structure and value of the now-scrapped transaction were not disclosed.<\/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\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sidara\/\">Sidara<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/wood-group\/\">Wood Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"102619\" 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=\"102619\">\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\">REAL ESTATE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/abu-dhabis-inovartic-investments-briky-land-technologies-launch-blockchain-powered-real-estate-tokenization-venture\/\">\r\n                            Abu Dhabi\u2019s Inovartic Investments, Briky Land Technologies launch blockchain-powered real estate tokenization venture                        <\/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\/04\/15\/abu-dhabis-inovartic-investments-briky-land-technologies-launch-blockchain-powered-real-estate-tokenization-venture\/\" 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\/04\/15\/abu-dhabis-inovartic-investments-briky-land-technologies-launch-blockchain-powered-real-estate-tokenization-venture\/')\">\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\/04\/15\/abu-dhabis-inovartic-investments-briky-land-technologies-launch-blockchain-powered-real-estate-tokenization-venture\/\">\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=Abu Dhabi\u2019s Inovartic Investments, Briky Land Technologies launch blockchain-powered real estate tokenization venture&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/abu-dhabis-inovartic-investments-briky-land-technologies-launch-blockchain-powered-real-estate-tokenization-venture\/\">\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\/04\/15\/abu-dhabis-inovartic-investments-briky-land-technologies-launch-blockchain-powered-real-estate-tokenization-venture\/&title=Abu Dhabi\u2019s Inovartic Investments, Briky Land Technologies launch blockchain-powered real estate tokenization venture\">\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=Abu+Dhabi%E2%80%99s+Inovartic+Investments%2C+Briky+Land+Technologies+launch+blockchain-powered+real+estate+tokenization+venture+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Fabu-dhabis-inovartic-investments-briky-land-technologies-launch-blockchain-powered-real-estate-tokenization-venture%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\/04\/15\/abu-dhabis-inovartic-investments-briky-land-technologies-launch-blockchain-powered-real-estate-tokenization-venture\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/851.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102620\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/abu-dhabis-inovartic-investments-briky-land-technologies-launch-blockchain-powered-real-estate-tokenization-venture\/851-jpg-34\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/851.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"851.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/851.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/851.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102619\" class=\"content-area-description single-story post-102619 post type-post status-publish format-standard has-post-thumbnail hentry category-real-estate tag-enterpriseam-uae tag-investment tag-real-estate tag-sustainability tag-uae-vietnam-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\/4\/.8a2edd00-529e-48df-ade9-d42bab78392e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Blockchain<\/strong><strong>-powered real estate tokenization venture launches in Abu <\/strong><strong>Dhabi: <\/strong>Vietnamese blockchain-based real estate tokenization platform <a target=\"_blank\" href=\"https:\/\/docs.brikyland.com\/\" style=\"\" rel=\"noopener\">Briky Land Technologies<\/a> and Abu Dhabi\u2019s <a target=\"_blank\" href=\"https:\/\/www.inovartic.com\/\" style=\"\" rel=\"noopener\">Inovartic Investments<\/a> have signed a joint venture agreement to develop tokenized real estate and green asset-backed investment products, according to a <a target=\"_blank\" href=\"https:\/\/www.inovartic.com\/2025\/04\/13\/brikyland-technologies-and-inovartic-investment-sign-strategic-joint-venture\/\" style=\"\" rel=\"noopener\">press release<\/a>. The JV will use blockchain, smart contracts, and digital asset frameworks to enable compliant fractional ownership of real estate and sustainability-linked assets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">IN CONTEXT- <\/strong><span style=\"background-color: transparent;\">The agreement follows the <\/span><a target=\"_blank\" href=\"https:\/\/www.abudhabichamber.ae\/en\/media-centre\/events\/Vietnam-Business-Forum-2025\" rel=\"noopener\">UAE-Vietnam Business Forum<\/a><span style=\"background-color: transparent;\"> held in Abu Dhabi earlier this month, where both sides emphasized cross-border technology and investment collaboration.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The partners plan to roll out projects tied to major real estate developments and green investment initiatives across the UAE, with further announcements expected in the coming months. The venture will operate under ADGM\u2019s digital asset framework to ensure compliance with virtual asset regulations, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Real estate tokenization is gaining traction in the UAE:<\/strong> Last month, Dubai Land Department <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6321492a-6735-4ce5-855d-b4cb9f396665\/dld-rolls-out-pilot-phase-of-real-estate-tokenization\" style=\"\" rel=\"noopener\">launched<\/a> the pilot phase of its real estate tokenization project and signed an agreement with Dubai Virtual Assets Regulatory Authority <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f59dfd8c-3f2c-4270-bbe0-7ea837bb2e82\/this-morning:-the-uae-leads-the-world-in-entrepreneurship-%2B-rsf-linked-companies-aren%25e2%2580%2599t-licensed-to-operate-in-the-emirates\" style=\"\" rel=\"noopener\">earlier this month<\/a> to build a regulatory framework for virtual asset use in real estate transactions.<\/p>\n<p class=\"tag-border-left\"> IN RELATED NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A new platform facilitating crypto-enabled property transactions and real estate <\/strong><strong>tokenization launched in Dubai<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/kt-network\/global-properties-enters-dubai-real-estate-market-with-crypto-transactions-tokenised-investment-platform?_refresh=true\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports. The platform \u2014 Global Properties \u2014 allows property purchases using Bitcoin, Ethereum, USDT, and AE Coin\u2014the UAE\u2019s first AED-pegged stablecoin. The platform will provide access to fractional ownership in luxury residential and commercial properties. Additional services include fund transfers, legal documentation, residency-by-investment support, and tailored investment advisory.<\/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\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sustainability\/\">sustainability<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-vietnam-relations\/\">UAE-Vietnam 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=\"102621 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=\"102621\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/102621-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102621\" class=\"content-area-description single-story post-102621 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:\/\/www.mashreq.com\/en\/uae\/private\/become-a-customer\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/741.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=\"102622\" 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=\"102622\">\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\">CABINET WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/cabinet-approves-ai-powered-regulatory-system-regulatory-intelligence-office\/\">\r\n                            Cabinet approves AI-powered regulatory system + Regulatory Intelligence Office                        <\/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\/04\/15\/cabinet-approves-ai-powered-regulatory-system-regulatory-intelligence-office\/\" 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\/04\/15\/cabinet-approves-ai-powered-regulatory-system-regulatory-intelligence-office\/')\">\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\/04\/15\/cabinet-approves-ai-powered-regulatory-system-regulatory-intelligence-office\/\">\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=Cabinet approves AI-powered regulatory system + Regulatory Intelligence Office&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/cabinet-approves-ai-powered-regulatory-system-regulatory-intelligence-office\/\">\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\/04\/15\/cabinet-approves-ai-powered-regulatory-system-regulatory-intelligence-office\/&title=Cabinet approves AI-powered regulatory system + Regulatory Intelligence Office\">\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=Cabinet+approves+AI-powered+regulatory+system+%2B+Regulatory+Intelligence+Office+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Fcabinet-approves-ai-powered-regulatory-system-regulatory-intelligence-office%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\/04\/15\/cabinet-approves-ai-powered-regulatory-system-regulatory-intelligence-office\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/871.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102623\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/cabinet-approves-ai-powered-regulatory-system-regulatory-intelligence-office\/871-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/871.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"871.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/871.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/871.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102622\" class=\"content-area-description single-story post-102622 post type-post status-publish format-standard has-post-thumbnail hentry category-cabinet-watch tag-cabinet-watch tag-legislation tag-regulation tag-regulation-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\/4\/.0920c403-d6cb-4ff8-84ab-555e8c90d94f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Cabinet has given the green light to a new AI-driven regulatory system <\/strong><strong>aimed at <\/strong><strong>transforming how legislation is developed and implemented<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bj6abdw-uae-cabinet-chaired-mohammed-bin-rashid-approves\" style=\"\" rel=\"noopener\">Wam<\/a> reports, citing a <a target=\"_blank\" href=\"https:\/\/x.com\/HHShkMohd\/status\/1911795135039635659\" style=\"\" rel=\"noopener\">statement<\/a> by Prime Minister Sheikh Mohammed bin Rashid Al Maktoum on X. The system will use artificial intelligence to build a unified national legislative database, integrating federal and local laws with court rulings, executive procedures, and public services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Cabinet also approved the creation of the Regulatory Intelligence Office under the Cabinet\u2019s General Secretaria<\/strong><span style=\"background-color: transparent;\">t, which will oversee the system\u2019s design, rollout, and coordination with local, federal, and private stakeholders.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How will it work?<\/strong> The AI-based system will analyze data to monitor how legislation affects the economy and society in real time, while also tracking global legislative developments. It will identify legal gaps or inconsistencies and recommend necessary updates. The use of AI is expected to speed up the legislative process by up to 70%, reducing the time and effort needed for research, drafting, and review.<\/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\/cabinet-watch\/\">CABINET WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/regulation-watch\/\">REGULATION 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=\"102624\" 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=\"102624\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/tech-based-startups-secure-usd-875-mn-in-funding-in-1q-2025\/\">\r\n                            Tech-based startups secure USD 875 mn in funding in 1Q 2025                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/tech-based-startups-secure-usd-875-mn-in-funding-in-1q-2025\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/tech-based-startups-secure-usd-875-mn-in-funding-in-1q-2025\/')\">\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\/04\/15\/tech-based-startups-secure-usd-875-mn-in-funding-in-1q-2025\/\">\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=Tech-based startups secure USD 875 mn in funding in 1Q 2025&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/tech-based-startups-secure-usd-875-mn-in-funding-in-1q-2025\/\">\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\/04\/15\/tech-based-startups-secure-usd-875-mn-in-funding-in-1q-2025\/&title=Tech-based startups secure USD 875 mn in funding in 1Q 2025\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Tech-based+startups+secure+USD+875+mn+in+funding+in+1Q+2025+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Ftech-based-startups-secure-usd-875-mn-in-funding-in-1q-2025%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/tech-based-startups-secure-usd-875-mn-in-funding-in-1q-2025\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/2607.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102625\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/tech-based-startups-secure-usd-875-mn-in-funding-in-1q-2025\/2607-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/2607.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2607.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/2607.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/2607.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102624\" class=\"content-area-description single-story post-102624 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-enterpriseam-uae tag-investments 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\/4\/.e53fd188-3693-4f1e-9292-3f30a052bfe7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE-based tech startups raised USD 875 mn in 1Q 2025<\/strong>, marking an 865% y-o-y increase from the USD 90.5 mn raised in 1Q 2024, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/835.pdf\" style=\"\" rel=\"noopener\">Tracxn\u2019s Q1 2025 UAE Tech Funding Report (pdf)<\/a>. Late-stage funding surged by 660% y-o-y to amount to USD 760 mn. In contrast, seed-stage funding dropped 62% y-o-y to USD 23.4 mn, while early-stage funding saw a 202% y-o-y increase to USD 89 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Which sectors led the charge? <\/strong><span style=\"background-color: transparent;\">Enterprise applications topped the list with USD 688.1 mn in funding, followed by fintech with USD 215.6 mn, and retail with USD 171.5 mn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai-based tech startups raised USD 839 mn \u2014 accounting for 96% of all tech funding in the UAE during the quarter.<\/strong> Abu Dhabi followed with USD 33 mn, accounting for the remaining 4%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Top investors this quarter included:<\/strong><\/p>\n<ul>\n<li>Overall: 500 Global, Wamda Capital, and Middle East Venture Partners<\/li>\n<li>Seed stage: Oraseya Capital, Plus VC, Endeavor<\/li>\n<li>Early stage: QED Investors, Tech Invest Com<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Vista Global received the lion\u2019s share of funds so far this year after securing a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c851a007-1afe-49b4-803a-33f99bb00e1e\/rrj-capital-led-consortium-invests-usd-600-mn-in-dubai-based-private-jet-operator%253cmark%253e-vista%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">USD 600 mn<\/a><\/strong><strong> equity investment<\/strong>, followed by Tabby\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e0cca997-c7f8-4cde-9cbf-e0ec8afaba31\/%253cmark%253etabby%253c%2Fmark%253e-raises-usd-160-mn-in-series-e-round,-valuation-doubles-to-usd-3.3-bn\" style=\"\" rel=\"noopener\">USD 160 mn<\/a> Series E round led by Blue Pool Capital, which pushed its valuation north of USD 3.3 bn. NymCard landed the third place after securing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/979f1c4c-d72d-4ee1-ab6f-a2738ca89b49\/%253cmark%253enymcard%253c%2Fmark%253e-secures-usd-33-mn-in-series-b-to-expand-embedded-finance-in-mena\" style=\"\" rel=\"noopener\">USD 33 mn<\/a> in its latest Series B funding round, led by QED Investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The UAE led the Mena region in terms of startup investments in 2024 with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/20e5e099-6c38-4714-b6d7-e09c25ed2a81\/the-uae-saw-the-most-startup-investments-in-the-region-in-2024--wamda\" style=\"\" rel=\"noopener\">USD 1.1 bn<\/a> across 207 transactions. Fintech was the leading sector for startup investments in the UAE last year, with USD 265 mn in investments, followed by Web3 (USD 258 mn) and proptech (USD 197 mn). The country also led the region last year in the volume of funding rounds, with a total of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/42e9a0da-3c7c-452f-849f-1f32ca3d5a50\/the-uae-saw-the-most-funding-rounds-in-the-region-in-2024,-despite-a-dip-in-overall-funding\" style=\"\" rel=\"noopener\">188 funding rounds<\/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\/investments\/\">investments<\/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=\"102626\" 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=\"102626\">\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\">TRADE FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/adex-to-support-trafigura-with-aed-863-mn-loan-with-cbd-smbc\/\">\r\n                            ADEX to support Trafigura with AED 863 mn loan with CBD + SMBC                        <\/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\/04\/15\/adex-to-support-trafigura-with-aed-863-mn-loan-with-cbd-smbc\/\" 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\/04\/15\/adex-to-support-trafigura-with-aed-863-mn-loan-with-cbd-smbc\/')\">\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\/04\/15\/adex-to-support-trafigura-with-aed-863-mn-loan-with-cbd-smbc\/\">\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=ADEX to support Trafigura with AED 863 mn loan with CBD + SMBC&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/adex-to-support-trafigura-with-aed-863-mn-loan-with-cbd-smbc\/\">\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\/04\/15\/adex-to-support-trafigura-with-aed-863-mn-loan-with-cbd-smbc\/&title=ADEX to support Trafigura with AED 863 mn loan with CBD + SMBC\">\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=ADEX+to+support+Trafigura+with+AED+863+mn+loan+with+CBD+%2B+SMBC+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Fadex-to-support-trafigura-with-aed-863-mn-loan-with-cbd-smbc%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\/04\/15\/adex-to-support-trafigura-with-aed-863-mn-loan-with-cbd-smbc\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/849.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102627\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/adex-to-support-trafigura-with-aed-863-mn-loan-with-cbd-smbc\/849-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/849.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"849.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/849.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/849.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102626\" class=\"content-area-description single-story post-102626 post type-post status-publish format-standard has-post-thumbnail hentry category-trade-finance tag-abu-dhabi-exports-office tag-commercial-bank-of-dubai tag-debt-watch tag-enterpriseam-uae tag-trade-finance tag-uae 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\/4\/.5d4525a7-d982-4b96-9fb1-59951935f030.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>ADEX receives financing from CBD + SMBC: <\/strong>The Abu Dhabi Exports Office (ADEX) \u2014 the export financing arm of Abu Dhabi Fund for Development (ADFD) \u2014 inked a AED 863 mn (USD 235 mn) syndicated loan agreement with the Commercial Bank of Dubai (CBD) and Japan\u2019s Sumitomo Mitsui Banking Corporation (SMBC) to support Singapore-based trading firm Trafigura in acquiring commodities from the UAE, according to a <a target=\"_blank\" href=\"https:\/\/www.trafigura.com\/news-and-insights\/press-releases\/2025\/abu-dhabi-exports-office-signs-usd235-million-dollars-syndicated-loan-agreement-to-boost-uae-trade-with-trafigura\/\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(Tap or click the headline above to read this story with all of the links<\/strong> to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown:<\/strong> ADEX has allocated USD 150 mn to facilitate Trafigura\u2019s acquisition of UAE-produced commodities across several industries, including energy, metals, and minerals. CBD contributed with USD 65 mn, while SMBC contributed USD 20 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Trafigura inked a two-year agreement for a USD 150 mn revolving credit facility with Etihad Credit Ins. and multiple UAE-based banks to boost UAE exports in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3dd9faaf-9c0b-4d88-8016-775a6739ceee\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3dd9faaf-9c0b-4d88-8016-775a6739ceee\" style=\"\" rel=\"noopener\">September<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3dd9faaf-9c0b-4d88-8016-775a6739ceee\" style=\"\" rel=\"noopener\">2024<\/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\/abu-dhabi-exports-office\/\">Abu Dhabi Exports Office<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/commercial-bank-of-dubai\/\">Commercial Bank of Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade-finance\/\">TRADE FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae\/\">UAE<\/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=\"102628\" 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=\"102628\">\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\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/kkr-appoints-david-petraeus-as-chair-for-middle-east-business\/\">\r\n                            KKR appoints David Petraeus as chair for Middle East business                        <\/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\/04\/15\/kkr-appoints-david-petraeus-as-chair-for-middle-east-business\/\" 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\/04\/15\/kkr-appoints-david-petraeus-as-chair-for-middle-east-business\/')\">\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\/04\/15\/kkr-appoints-david-petraeus-as-chair-for-middle-east-business\/\">\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=KKR appoints David Petraeus as chair for Middle East business&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/kkr-appoints-david-petraeus-as-chair-for-middle-east-business\/\">\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\/04\/15\/kkr-appoints-david-petraeus-as-chair-for-middle-east-business\/&title=KKR appoints David Petraeus as chair for Middle East business\">\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=KKR+appoints+David+Petraeus+as+chair+for+Middle+East+business+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Fkkr-appoints-david-petraeus-as-chair-for-middle-east-business%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\/04\/15\/kkr-appoints-david-petraeus-as-chair-for-middle-east-business\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/787.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102629\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/kkr-appoints-david-petraeus-as-chair-for-middle-east-business\/787-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/787.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"787.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/787.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/787.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102628\" class=\"content-area-description single-story post-102628 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-business tag-enterpriseam-uae tag-investment tag-kkr tag-moves 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\/4\/.d32ee0a1-c526-48c7-ae49-25fa84e2a042.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Global <\/strong><strong>i<\/strong><strong>nvestment firm<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.kkr.com\/\" style=\"\" rel=\"noopener\">KKR<\/a><\/strong><strong> has named David Petraeus (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/davidpetraeus\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) as chair of KKR <\/strong><strong>Middle East<\/strong>, the company said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/793.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. Retired US army general and former director of the CIA between 2011 and 2012, Petraeus will \u201cleverage his extensive Middle East knowledge and stakeholder relationships to strengthen KKR\u2019s presence and partnerships in the region\u201d as the region emerges as a \u201cleading investment powerhouse,\u201d according to Petraeus. He is a partner at KKR and chairman of KKR Global Institute. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">KKR is also establishing a team, led by KKR\u2019s<\/strong><strong style=\"background-color: transparent;\"> Julian Barratt-Due<\/strong><strong style=\"background-color: transparent;\"> (<\/strong><strong style=\"background-color: transparent;\"><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/julian-barratt-due-b1361326\/\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong style=\"background-color: transparent;\">), to focus on potential investments in the GCC<\/strong><span style=\"background-color: transparent;\">, similar to its recent move to acquire a stake in the <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3863032b-eb2b-40aa-a9be-defc63fa21fb\/global-pe-firm%253cmark%253e-kkr%253c%2Fmark%253e-eyes-stake-in-dubai%25e2%2580%2599s-gulf-data-hub\" rel=\"noopener\">Gulf Data Hub<\/a><span style=\"background-color: transparent;\">. The new team will be based out of Dubai, and comes amid the firm\u2019s increasing focus on infrastructure, private credit, and asset-backed lending, the <\/span><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/260d8d0b-c202-4732-8025-4aeda2739cc4\" rel=\"noopener\">Financial Times<\/a><span style=\"background-color: transparent;\"> reports. The firm sees \u201cgrowing [potential]\u201d to invest in and lend to \u201cdomestic businesses\u201d in the region, Petraeus said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The firm had also acquired a stake in Adnoc Oil Pipelines alongside BlackRock in what was the first <\/strong>investment made by foreign asset managers in a state-owned oil producer in the region. It also acquired a portfolio of commercial aircraft from Etihad Airways in 2020.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/business\/\">business<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/kkr\/\">KKR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"102630\" 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=\"102630\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/adgm-fines-crypto-firm-hayvn-group-and-its-ceo-a-total-of-usd-12-5-mn\/\">\r\n                            ADGM fines crypto firm Hayvn Group and its CEO a total of USD 12.5 mn                        <\/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\/04\/15\/adgm-fines-crypto-firm-hayvn-group-and-its-ceo-a-total-of-usd-12-5-mn\/\" 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\/04\/15\/adgm-fines-crypto-firm-hayvn-group-and-its-ceo-a-total-of-usd-12-5-mn\/')\">\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\/04\/15\/adgm-fines-crypto-firm-hayvn-group-and-its-ceo-a-total-of-usd-12-5-mn\/\">\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=ADGM fines crypto firm Hayvn Group and its CEO a total of USD 12.5 mn&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/adgm-fines-crypto-firm-hayvn-group-and-its-ceo-a-total-of-usd-12-5-mn\/\">\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\/04\/15\/adgm-fines-crypto-firm-hayvn-group-and-its-ceo-a-total-of-usd-12-5-mn\/&title=ADGM fines crypto firm Hayvn Group and its CEO a total of USD 12.5 mn\">\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=ADGM+fines+crypto+firm+Hayvn+Group+and+its+CEO+a+total+of+USD+12.5+mn+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Fadgm-fines-crypto-firm-hayvn-group-and-its-ceo-a-total-of-usd-12-5-mn%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\/04\/15\/adgm-fines-crypto-firm-hayvn-group-and-its-ceo-a-total-of-usd-12-5-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1135.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102631\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/adgm-fines-crypto-firm-hayvn-group-and-its-ceo-a-total-of-usd-12-5-mn\/1135-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1135.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1135.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1135.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1135.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102630\" class=\"content-area-description single-story post-102630 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-adgm tag-also-on-our-radar tag-burjeel-holdings tag-dnata tag-emirates-nbd tag-enterpriseam-uae tag-financial-services tag-real-estate wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.e5c7cd7a-850e-4c5b-8e6d-484dff4016b2.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">FINANCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#1- <\/strong><strong>ADGM <\/strong><strong>fines crypto firm Hayvn Group<\/strong><strong> USD 12.5 mn:<\/strong> The ADGM's Financial Services Regulatory Authority (FSRA) imposed USD 8.9 mn in fines on entities associated with crypto processing payments company <a target=\"_blank\" href=\"https:\/\/resources.hayvnglobal.com\/\" style=\"\" rel=\"noopener\">Hayvn<\/a> and its CEO, Christopher Flinos, for regulatory breaches, according to statements (<a target=\"_blank\" href=\"https:\/\/www.adgm.com\/media\/announcements\/adgms-fsra-imposes-fines-of-USD-8-85-million-on-hayvn\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.adgm.com\/media\/announcements\/adgms-ra-imposes-fines-of-usd-3.6-million-on-special-purpose-vehicle-ac-holding-and-christopher-flinos\" style=\"\" rel=\"noopener\">here<\/a>). ADGM\u2019s Registration Authority imposed a further USD 3.6 mn in fines, including USD 3.3 mn on Flinos for providing false information, fraudulent schemes, and falsifying documents.<strong> <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What happened?<\/strong><span style=\"background-color: transparent;\"> The FSRA revoked Hayvn ADGM\u2019s Financial Services Permission (FSP) and barred Flinos from working in ADGM\u2019s financial sector for 15 years, after it found Hayvn exceeded its scope as a financial services provider by routing client transactions through its unregulated entity AC Holding with the aim of converting crypto into fiat currencies and vice versa without proper safeguards. The group failed to maintain adequate anti-money laundering controls, conducted unlicensed virtual asset services, and created false and misleading information regarding transactions. Flinos played a central role in the violations, the statement read.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>UK <\/strong><strong>private equity firm Hamilton Bradshaw will set up shop in Dubai<\/strong>, with a new office targeting startups, <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2025-04-13\/%D9%87%D8%A7%D9%85%D9%84%D8%AA%D9%88%D9%86-%D8%A8%D8%B1%D8%A7%D8%AF%D8%B4%D9%88-%D8%A7%D9%84%D8%A8%D8%B1%D9%8A%D8%B7%D8%A7%D9%86%D9%8A%D8%A9-%D8%AA%D8%AA%D9%88%D8%B3%D8%B9-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7%D9%8B-%D9%85%D9%86-%D8%AF%D8%A8%D9%8A-5864991\/%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\" style=\"\" rel=\"noopener\">Al Khaleej<\/a> reports. Founded by British businessman James Caan, the London-based firm will focus on companies working in fintech, digital media, real estate, accounting, marketing, and real estate.<\/p>\n<p class=\"tag-border-left\">FINTECH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BKN301 <\/strong><strong>raises EUR <\/strong><strong>21.<\/strong><strong>5 mn, targets UAE and KSA: <\/strong><a target=\"_blank\" href=\"https:\/\/bkn301.com\/\" style=\"\" rel=\"noopener\">BKN301 Group<\/a>, a global banking-as-a-service (BaaS) fintech, secured a EUR 21.5 mn capital increase following a series B funding round to support its expansion into the UAE, Saudi Arabia, and certain European markets, according to two separate press releases (<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\/301-238-y2huefgj\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/bkn301.com\/bkn301-group-closes-e21-5-million-series-b-round-to-accelerate-global-expansion\/\" style=\"\" rel=\"noopener\">here<\/a>). The funding will go towards boosting organic growth and strategic acquisitions. The firm will also further develop its BaaS Orchestrator platform which offers integrated solutions for digital wallets, core banking, payments, card issuance, and cross-border financial services.<\/p>\n<p class=\"tag-border-left\">FINANCIAL SERVICES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al <\/strong><strong>Ansari teams up with ruya on no-fee cash deposit service:<\/strong> Remittance and foreign exchange provider <a target=\"_blank\" href=\"https:\/\/alansariexchange.com\/\" style=\"\" rel=\"noopener\">Al Ansari Exchange<\/a> has partnered with homegrown digital Islamic community bank <a target=\"_blank\" href=\"https:\/\/ruyabank.ae\/\" style=\"\" rel=\"noopener\">ruya<\/a> to offer customers instant cash deposit services at more than 260 of Al Ansari\u2019s branches across the UAE at no charge, according to a <a target=\"_blank\" href=\"https:\/\/alansariexchange.com\/news\/al-ansari-exchange-and-ruya-partner-to-offer-free-cash-deposits-across-the-uae\/\" style=\"\" rel=\"noopener\">statement<\/a>. The service runs through Al Ansari\u2019s domestic remittance network and is part of both firms\u2019 efforts to expand access to basic financial services.<\/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- <\/strong><strong>dnata<\/strong><strong> ear<\/strong><strong>marks USD 110 mn for infrastructure projects: <\/strong>Homegrown air services provider dnata is investing over USD 110 mn into three major infrastructure projects in Dubai, Iraq, and the Netherlands, according to a <a target=\"_blank\" href=\"https:\/\/www.dnata.com\/media-centre\/dnata-brings-global-cargo-investments-and-future-focused-infrastructure-to-the-spotlight-at-iata-world-cargo-symposium\/\" style=\"\" rel=\"noopener\">statement<\/a> made on the sidelines of Dubai\u2019s IATA World Air Cargo Symposium. The breakdown: <\/p>\n<ul>\n<li>The company is investing <strong>USD 27 mn<\/strong> into <strong>developing its 57k sqm cargo center in Dubai South<\/strong> \u2014 scheduled to be completed by the end of the year and slated to have a handling capacity of 400k tons a year. Dnata broke ground on the project <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7f14dea0-51db-44ac-8e73-452896dc1f59\/%253cmark%253ednata%253c%2Fmark%253e-breaks-ground-on-57k-sqm-warehouse-in-dubai-south\" style=\"\" rel=\"noopener\">back in December 2024<\/a>.<\/li>\n<li>The firm has earmarked <strong>USD 15 mn<\/strong> to establish a <strong>20k sqm cargo facility in Iraq\u2019s Erbil province<\/strong>. The facility \u2014 scheduled to be operational in July \u2014 will boost the firm\u2019s local handling capacity by 300% to reach 66k tons per year. <\/li>\n<li>dnata is pouring over <strong>USD 70 mn<\/strong> into its <strong>61k sqm Cargo City at Amsterdam Schiphol Airport<\/strong> \u2014 slated to launch operations in July with a handling capacity of over 85k tons annually. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Quiqup to<\/strong><strong>uches down in KSA:<\/strong> UAE-based e-commerce logistics provider <a target=\"_blank\" href=\"https:\/\/www.google.com\/aclk?sa=l&amp;ai=DChcSEwjWpfv9hNmMAxUlrYMHHRKENNYYABAAGgJlZg&amp;co=1&amp;gclid=CjwKCAjw5PK_BhBBEiwAL7GTPcxGbHyAJp9OIWFS_1Xgkuv8tZQq_YHkr4awEiFjQw_SBG15jBkLHRoCtuAQAvD_BwE&amp;sig=AOD64_38z5dLBfoyoSQzkEr89dta3H1_Mw&amp;q&amp;adurl&amp;ved=2ahUKEwjd0Pb9hNmMAxUiQ_EDHc4DDH0Q0Qx6BAgZEAE\" style=\"\" rel=\"noopener\">Quiqup<\/a> has expanded into Saudi Arabia \u2014 launching its core fulfillment and delivery services in the Kingdom, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/uae-based-e-commerce-logistics-provider-quiqup-launches-operations-in-saudi-arabia-aqtv2w08\" style=\"\" rel=\"noopener\">statement<\/a>. The firm is backed by the Mohammed bin Rashid Innovation Fund (MBRIF) under its Guarantee Scheme loan program, which has supported Quiqup\u2019s operational expansion to double its business over the past two years and grow its customer base by 77% y-o-y between 2023 and 2024. The firm is looking to further expand into the GCC as it views the region \u201cas a connected e-commerce ecosystem where operational efficiencies in one market enhance the overall regional performance,\u201d CEO Bassel El Koussa said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Quiqup: <\/strong>The company \u2014 founded in 2017 \u2014 offers comprehensive logistics solutions, with a focus on small and medium-sized enterprises (SMEs). Quiqup provides storage, sorting, packaging and delivery services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Etihad Ca<\/strong><strong>rgo has boosted its main deck capacity by 18% to address growing <\/strong><strong>customer demand in China<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.etihadcargo.com\/en\/news\/etihad-cargo-increases-main-deck-capacity-by-18-to-support-increased-demand-in-greater-china\" style=\"\" rel=\"noopener\">statement<\/a>. Etihad Airways\u2019 cargo arm will now operate a planned total of 18 flights to and from China in 2025 \u2014 up from 11 flights in 2024. The airline will also add three additional weekly freighter flights to Shenzhen and will wet-lease a 747-F carrier to support its bolstered freight operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Europe\u2019s also on the cards:<\/strong> Etihad Cargo plans to add two additional weekly flights to London Stansted Airport in effort to boost Abu Dhabi\u2019s links to Europe. <\/p>\n<p class=\"tag-border-left\">BANKING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates <\/strong><strong>NBD has partnered with Visa to introduce the Visa+ remittance service in the <\/strong><strong>UAE<\/strong>, allowing customers to transfer funds to Visa cardholders in GCC nations using only a phone number or 16-digit card number, eliminating the need for entering IBAN number details, according to a <a target=\"_blank\" href=\"https:\/\/www.emiratesnbd.com\/ar\/media-center\/emirates-nbd-becomes-the-first-bank-in-the-uae-to-launch-visa\" style=\"\" rel=\"noopener\">press release<\/a>. It is the first Emirati bank to deploy the solution and comes as remittance volumes are set to increase, the press release read.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rollout plan: <\/strong>Initial connectivity enables transfers between Emirates NBD customers in the UAE and account holders at Qatar Islamic Bank and Bahrain Islamic Bank. Visa plans to expand the service to Pakistan and EU markets following the GCC rollout.<\/p>\n<p class=\"tag-border-left\">MANUFACTURING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Plastic <\/strong><strong>manufacturer Emirates Biotech appointed Samsung E&amp;A as the sole contractor <\/strong><strong>for its upcoming polylactic acid production plant<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/emiratesbiotech.com\/emirates-biotech-selects-samsung-ea-as-contractor-for-its-pla-production-plant\/\" style=\"\" rel=\"noopener\">press release<\/a>. Samsung E&amp;A will handle the facility's engineering, procurement, and construction and will integrate proprietary equipment from technology provider Sulzer. The plant, to be located in Abu Dhabi\u2019s Kezad, will produce biodegradable and environmentally friendly PLA, with operations expected to begin in early 2028.<\/p>\n<p class=\"tag-border-left\">CRYPTO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SCB and OKX launch a crypto collateral program within VARA\u2019s framework:<\/strong> Standard Chartered and cryptocurrency exchange OKX launched a collateral mirroring program as a pilot within the Dubai Virtual Asset Regulatory Authority\u2019s regulatory framework, according to a <a target=\"_blank\" href=\"https:\/\/www.sc.com\/en\/press-release\/standard-chartered-and-okx-launch-world-leading-collateral-mirroring-programme\/\" style=\"\" rel=\"noopener\">press release<\/a>. The initiative allows institutional clients to use cryptocurrencies and tokenized money market funds as off-exchange collateral for trading. Standard Chartered will act as the regulated custodian in the Dubai International Financial Center (DIFC), while OKX manages the collateral and facilitates transactions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Participants: <\/strong>Franklin Templeton will be the first money market fund provider onboard, offering tokenized on-chain assets. Brevan Howard Digital, the crypto arm of Brevan Howard, is among the first institutional participants.<\/p>\n<p class=\"tag-border-left\">CAPITAL MARKETS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Capital.com is now offering access <\/strong><strong>to the <\/strong><strong>UAE\u2019s main stock exchanges,<\/strong> the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM), allowing clients to trade CFDs on listed equities, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bj6aath-capitalcom-offers-global-investors-access-uae\" style=\"\" rel=\"noopener\">Wam<\/a> <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bj6aath-capitalcom-offers-global-investors-access-uae\" style=\"\" rel=\"noopener\">reports<\/a>. <a target=\"_blank\" href=\"https:\/\/capital.com\/\" style=\"\" rel=\"noopener\">The firm\u2019s<\/a> regional HQ is located in Dubai.<\/p>\n<p class=\"tag-border-left\">AVIATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ethiopian<\/strong><strong> Airlines flies to Sharjah:<\/strong> Ethiopian Airlines is set to launch four new weekly passenger services to Sharjah starting 1 June, according to a <a target=\"_blank\" href=\"https:\/\/corporate.ethiopianairlines.com\/Press-release-open-page\/ethiopian-airlines-prepares-to-launch-passenger-flight-service-to-sharjah-the-uae\" style=\"\" rel=\"noopener\">statement<\/a> released last week. <\/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\/adgm\/\">ADGM<\/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\/burjeel-holdings\/\">Burjeel Holdings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dnata\/\">Dnata<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-nbd\/\">Emirates NBD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-services\/\">financial services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"102632\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"102632\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/egx-defies-regional-slump-but-the-edge-may-be-mechanical\/\">\r\n                            EGX defies regional slump, but the edge may be mechanical                        <\/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\/04\/15\/egx-defies-regional-slump-but-the-edge-may-be-mechanical\/\" 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\/04\/15\/egx-defies-regional-slump-but-the-edge-may-be-mechanical\/')\">\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\/04\/15\/egx-defies-regional-slump-but-the-edge-may-be-mechanical\/\">\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=EGX defies regional slump, but the edge may be mechanical&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/egx-defies-regional-slump-but-the-edge-may-be-mechanical\/\">\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\/04\/15\/egx-defies-regional-slump-but-the-edge-may-be-mechanical\/&title=EGX defies regional slump, but the edge may be mechanical\">\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=EGX+defies+regional+slump%2C+but+the+edge+may+be+mechanical+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Fegx-defies-regional-slump-but-the-edge-may-be-mechanical%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\/04\/15\/egx-defies-regional-slump-but-the-edge-may-be-mechanical\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/855.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102633\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/egx-defies-regional-slump-but-the-edge-may-be-mechanical\/855-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/855.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"855.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/855.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/855.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102632\" class=\"content-area-description single-story post-102632 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-adx tag-capital-markets tag-dubai-financial-market tag-egx tag-enterpriseam-uae tag-financial-markets tag-planet-finance tag-tadawul 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\/4\/.202558ff-a994-4e45-b463-f6665098eb0c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt appears to be one of the least impacted markets by the Trump-era tariff-driven <\/strong><strong>global volatility amongst its regional peers<\/strong>, with the EGX30 up 4.9% YTD. That\u2019s in sharp contrast to regional peers, with Saudi Arabia\u2019s Tadawul down 3.7% so far this year, the DFM down 2.0%, and the ADX down 1.9%.<\/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 EGX30 is also faring better than some of the markets that wrapped up <\/strong><strong style=\"background-color: transparent;\">2024 with record gains<\/strong><span style=\"background-color: transparent;\">, including the S&amp;P 500, which is now down 8.1% YTD. It is even beating BTC, which closed out 2024 with a staggering 121.3% YTD gain, but is currently down 9.5% since January.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">While that\u2019s undoubtedly positive for the EGX, the comparison between the EGX and <\/strong><strong style=\"background-color: transparent;\">GCC indexes doesn\u2019t paint the full picture. <\/strong><span style=\"background-color: transparent;\">The divergence has more to do with structural differences than market outperformance in the traditional sense.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX\u2019s relative resilience is largely a function of its investor base. <\/strong>Trading activity remains dominated by local, retail investors \u2014 for example, 80.9% of trading activity was done by retail investors and 90.5% by local investors during trading yesterday. These investors tend to be more reactive to local cues and sentiment-driven triggers, such as the recent <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b04c7948-4ceb-4edb-84e3-5c6c9f2fe953\/a-flexible-fx-regime-is-key-as-egypt-faces-trump-turmoil,-aboul-naga-tells-investors-in-dubai\" style=\"\" rel=\"noopener\">reaffirmation of Egypt\u2019s commitment to a flexible FX regime<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This means that any sell-off is less likely to spiral<\/strong>, because retail traders account for the lion\u2019s share of turnover in Egypt, EGX board member Rania Yacoub told EnterpriseAM <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/88c9269d-b92b-4b90-ae84-627421cde876\/local-institutional-investors-cash-out-amid-global-market-jitters\" style=\"\" rel=\"noopener\">last week<\/a>. Retail investors tend to be more speculative, and this behavior could underpin a near-term correction rather than a sustained downturn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In contrast, regional peers like the Tadawul and UAE markets are more exposed to <\/strong><strong>global investor flows.<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/39cd78c2-1e67-43cc-ba94-278293c1bd2e\/this-morning:-ipos-seem-to-be-staying-the-course,-unphased-by-tariffs\" style=\"\" rel=\"noopener\">Foreign investors were net sellers<\/a> on the Tadawul last week, offloading SAR 2.2 bn worth of equities, while local investors bought SAR 2.3 bn. Non-Arab foreigners accounted for 44.5% of turnover on the ADX and 40.9% on the DFM last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX\u2019s relatively low liquidity and smaller size also mean it responds more sharply <\/strong><strong>to modest inflows<\/strong> \u2014 especially when there\u2019s a local policy trigger. Case in point: Tadawul closed yesterday with a turnover of SAR 6.5 bn \u2014 23x the EGX\u2019s 90-day average.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Crude overhang is also weighing on Gulf markets<\/strong>, as weakness in crude continues to pressure sentiment and the earnings outlook for Gulf corporates, especially state-linked and large-cap names. This pressure is reflected in YTD performances of important market constituents, including Aramco \u2014 the Tadawul\u2019s heavyweight \u2014 which is down -7.5%, the DFM-listed DEWA in the red -10.3%, and Abu Dhabi\u2019s Taqa at -2.2%.<\/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 mixed this morning <\/strong>following a tech rally in US markets, with Japan\u2019s Nikkei up 1%, and Hang Seng (Hong Kong) virtually unchanged, while Shanghai Composite is inching down 0.4%. Meanwhile, Wall Street futures are pointing to marginal losses when markets open.<\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,237<\/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\">+0.9% (YTD: -1.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,056<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.8% (YTD: -2.0%)<\/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\">4,082<\/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% (YTD: -2%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.1% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.1% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">11,597<\/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\">+0.04% (YTD: -3.7%)<\/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>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\">31,182<\/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\">+0.02% (YTD: +4.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,406<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.8% (YTD: -8.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">8,134<\/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\">+2.1% (YTD: -0.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">4,911<\/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\">+2.6% (YTD: +0.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 64.88<\/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\">+0.8%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.34<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3226.30<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.6%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 84,643.40<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.7% (YTD: -9.5%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADX rose 0.9% yesterday<\/strong> on turnover of AED 1.8 bn. The index is down 1.9% 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>Umm Al Qaiwain General Investment Co. (+14.7%), Americana Restaurants International (+11.6%) and Eshraq Investments (+9.1%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Abu Dhabi National Takaful Co. (-7.8%), United Arab Bank (-3.5%) and AD Ports (-1.9%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the DFM<\/strong>, the index rose 1.8% on turnover of AED 501.7 mn. Meanwhile, Nasdaq Dubai was up 2%.<\/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>Response <\/strong><strong>Plus Holding (RPM) has approved the distribution of AED 20 mn in final <\/strong><strong>dividends for FY 2024<\/strong>, equivalent to 10% of its share capital, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/796.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Burjeel <\/strong><strong>Holdings has approved a dividend distribution of AED 170 mn for FY 2024<\/strong>, equivalent to AED 0.03 per share, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/826.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. The payout represents 32.6% of the company\u2019s share capital.<\/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\/adx\/\">ADX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-financial-market\/\">Dubai Financial Market<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tadawul\/\">Tadawul<\/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=\"102634\" 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=\"102634\">\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\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/uae-japan-eye-more-tech-space-and-energy-cooperation-economic-cooperation-with-north-macedonia\/\">\r\n                            UAE, Japan eye more tech, space, and energy cooperation + Economic cooperation with North Macedonia                        <\/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\/04\/15\/uae-japan-eye-more-tech-space-and-energy-cooperation-economic-cooperation-with-north-macedonia\/\" 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\/04\/15\/uae-japan-eye-more-tech-space-and-energy-cooperation-economic-cooperation-with-north-macedonia\/')\">\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\/04\/15\/uae-japan-eye-more-tech-space-and-energy-cooperation-economic-cooperation-with-north-macedonia\/\">\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, Japan eye more tech, space, and energy cooperation + Economic cooperation with North Macedonia&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/uae-japan-eye-more-tech-space-and-energy-cooperation-economic-cooperation-with-north-macedonia\/\">\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\/04\/15\/uae-japan-eye-more-tech-space-and-energy-cooperation-economic-cooperation-with-north-macedonia\/&title=UAE, Japan eye more tech, space, and energy cooperation + Economic cooperation with North Macedonia\">\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%2C+Japan+eye+more+tech%2C+space%2C+and+energy+cooperation+%2B+Economic+cooperation+with+North+Macedonia+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F15%2Fuae-japan-eye-more-tech-space-and-energy-cooperation-economic-cooperation-with-north-macedonia%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\/04\/15\/uae-japan-eye-more-tech-space-and-energy-cooperation-economic-cooperation-with-north-macedonia\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/845.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"102635\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/15\/uae-japan-eye-more-tech-space-and-energy-cooperation-economic-cooperation-with-north-macedonia\/845-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/845.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"845.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/845.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/845.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102634\" class=\"content-area-description single-story post-102634 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-energy tag-enterpriseam-uae tag-investment tag-space tag-trade 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\/4\/.02382cc5-ec33-4723-9a2c-e1a153e31218.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE<\/strong><strong>, Japan reaffirm strategic ties:<\/strong> Industry and Advanced Technology Minister Sultan Al Jaber met with Japan\u2019s Prime Minister Shigeru Ishiba to discuss strengthening bilateral cooperation on the economy, trade, energy, industry, tech, and space, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15immo3-president-sends-letter-japan%E2%80%99s-delivered-uae\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Al Jaber also delivered a letter from President Sheikh Mohamed bin Zayed Al Nahyan reaffirming the UAE\u2019s commitment to bilateral cooperation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">President Sheikh Mohamed bin Zayed Al Nahyan met with North Macedonia\u2019s<\/strong><span style=\"background-color: transparent;\"> <\/span><strong style=\"background-color: transparent;\">Prime Minister Hristijan Mickoski during his visit to Abu Dhabi<\/strong><span style=\"background-color: transparent;\">, <\/span><a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bj6abdx-uae-president-and-prime-minister-north-macedonia\" rel=\"noopener\">Wam<\/a><span style=\"background-color: transparent;\"> reports. The two leaders explored ways to expand cooperation in key areas including the economy, investment, development, renewable energy, sustainability, infrastructure, and tourism.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Two memoranda of understanding (MOUs) were signed:<\/strong> one focused on economic cooperation, and another between the Anwar Gargash Diplomatic Academy and North Macedonia\u2019s Ministry of Foreign Affairs.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/space\/\">space<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"102636\" 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\/04\/15\/102636-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-102636\" class=\"content-area-description single-story post-102636 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\">APRIL<\/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<\/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>15 April (Tuesday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alhudacibe.com\/giftf2025\/index.php\" style=\"\">Global Islamic FinTech Forum<\/a><\/span><span style=\"font-weight:400;\">, Dusit Thani Hotel, 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;\">15 April (Tuesday): G42 to acquire USD 335 mn worth of shares in Cerebras. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 April (Wednesday-Thursday):  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.fastbull.com\/fastbull-finance-summit-dubai-2025?platform=2\" style=\"\">The FastBull Finance Summit<\/a><\/span><span style=\"font-weight:400;\">, Coca Cola Arena, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 April (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eventbrite.co.uk\/e\/the-9th-abu-dhabi-sustainable-business-leadership-forum-2025-tickets-952510814487\" style=\"\">Abu Dhabi Sustainable Business Leadership Forum<\/a><\/span><span style=\"font-weight:400;\">, the Four Seasons Hotel, Abu Dhabi.   <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17 April (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/discover.commvault.com\/events-shift-roadshow-dubai-registration.html?_gl=1*7115ws*_gcl_au*MTg3MjQ4NDc0NC4xNzQxMTc3NTU4*_ga*ODk4Mjk1NTQxLjE2NTM0NjYzMDI.*_ga_M2TFPKFW4N*MTc0MjQ2MDA2NC4yOTYuMS4xNzQyNDYwMDczLjAuMC4w\" style=\"\">Commvault\u2019s Shift Roadshow<\/a><\/span><span style=\"font-weight:400;\"> event, Dubai\u2019s Museum of The Future. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-23 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abudhabi.evinnovationsummit.com\/\" style=\"\">The Electric Vehicle (EV) Innovation Summit<\/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>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>22-24 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/iceq.gdrfad.gov.ae\/\" style=\"\">The International Conference on Education Quality<\/a><\/span><span style=\"font-weight:400;\">,General Directorate of Identity and Foreigners Affairs Office, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-24 April (Wednesday-Thursday):<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaiaifestival.com\/\" style=\"\">Dubai AI Festival<\/a><\/span><span style=\"font-weight:400;\">, 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>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 style=\"font-weight:400;\">25 April (Friday): The Indian Business and Professionals Council\u2019s (IBPC) Annual Conference, Dubai.<\/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>28 April-2 May (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ifatca.org\/ifatca2025\" style=\"\">The International Federation of Air Traffic Controllers' Associations (IFATCA) conference<\/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 style=\"font-weight:400;\">28 April-2 May (Monday-Friday): The 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:400;\">29 April (Monday): Deadline to send comments and feedback on the FSRA proposal.<\/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>30 April - 1 May (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bsg.ae\/en\/bx-2025\" style=\"\">The Behavioural Exchange 2025 Conference (BX2025)<\/a><\/span><span style=\"font-weight:400;\">, the New York University Abu Dhabi<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5-6 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/global-policy-makers-and-tech-giants-to-convene-in-abu-dhabi-for-inaugural-summit-on-governance-of-emerging-technologies-ndxkqpfr\" style=\"\">The Governance of Emerging Technologies Summit<\/a><\/span><span style=\"font-weight:400;\"> (GETS 2025), St. Regis Saadiyat Island Resort, Abu Dhabi. <\/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>6-8 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/\" style=\"\">Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-13 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaifintechsummit.com\/get-involved\/?utm_source=google&utm_medium=pmax&utm_campaign=delegates&matchtype=&keyword=&cid=22130504598&agid=&device=c&placement=&creative=&utm_source=google&utm_medium=cpc&utm_campaign=&utm_term=%7Bterm%7D&hsa_acc=9679358392&hsa_cam=22130504598&hsa_grp=&hsa_ad=&hsa_src=x&hsa_tgt=&hsa_kw=&hsa_mt=&hsa_net=adwords&hsa_ver=3&gad_source=1&gclid=CjwKCAjwwe2_BhBEEiwAM1I7sZBoLRwiAePtCqwg6Av7xnOjV4Umt1wxGTXZRcyvF7rlO1aDEDrJnBoC9jkQAvD_BwE\" style=\"\">Dubai FinTech 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>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>13-14 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/research-and-studies\/75-of-organizations-in-mena-looking-to-invest-in-hr-tech-suggests-hr-tech-mena-report-vqbna3t2\" style=\"\">The Annual HR Tech 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>13\u201314 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cmtevents.com\/aboutevent.aspx?ev=250510\" style=\"\">Low Carbon Fuels MENA Summit<\/a><\/span><span>, Sheraton Dubai Creek Hotel & Towers, Dubai.<\/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 style=\"font-weight:400;\">15 May (Thursday): Dewa tender for pumping stations bids deadline.<\/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 May (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/march\/17-03\/dubai-chambers-to-host-dubai-business-forum\" style=\"\">Dubai Business Forum<\/a><\/span><span style=\"font-weight:400;\">, Hamburg, Germany.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-21 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/ras-al-khaimah-launches-inaugural-international-real-estate-investment-summit-k46jsmra\" style=\"\">The International Real Estate Investment Summit<\/a><\/span><span style=\"font-weight:400;\"> (IREIS 2025), Al Hamra International Exhibition and Conference Centre in Ras Al Khaimah.<\/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<\/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>27-29 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indexexhibition.com\/\" style=\"\">INDEX<\/a><\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.workspaceexhibition.com\/\" style=\"\">Workspace<\/a><\/span><span>, and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.thehotelshow.com\/\" style=\"\">The Hotel Show<\/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>28-31 May: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bj3wkk2-moccae-launches-inaugural-emirates-agriculture\" style=\"\">The Emirates Agriculture Conference and Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Adnec Center Al Ain, 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;\">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;\">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>12-14 September (Friday-Sunday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.realestateshow.ae\/\" style=\"\">International Real Estate and Investment Show<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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>30 September - 2 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wetex.ae\/en\/about\" style=\"\">The Water, Energy, Technology, and Environment Exhibition (WETEX)<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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 <\/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 Congress<\/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>8-9 December (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnec.ae\/en\/eventlisting\/bitcoin-mena-2025\" style=\"\">BTC Mena Conference<\/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>8-10 December (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bim1ken-national-media-office-launches-bridge-summit\" style=\"\">BRIDGE<\/a><\/span><span style=\"font-weight:400;\"> media summit, 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;\">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>12-15 February (Thursday-Sunday):  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/siteglobal.com\/event\/site-global-conference-2026\" style=\"\">The Society for Incentive Travel Excellence Global Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/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<\/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>Plus: Abu Dhabi\u2019s Inovartic sets up tokenization JV<\/p>\n","protected":false},"featured_media":102613,"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-102612","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"96cf28a2-2904-4a23-a04c-bcb1e3dda281","teaser":"Plus: Abu Dhabi\u2019s Inovartic sets up tokenization JV","photo_url":"https:\/\/ent.news\/2024\/2\/1198.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>Sidara submits another offer for UK\u2019s Wood Group - 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\/sidara-submits-another-offer-for-uks-wood-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sidara submits another offer for UK\u2019s Wood Group\" \/>\n<meta property=\"og:description\" content=\"Plus: Abu Dhabi\u2019s Inovartic sets up tokenization JV\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T03:27:11+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1198.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/\",\"name\":\"Sidara submits another offer for UK\u2019s Wood Group - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1198.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-04-15T00:00:00+00:00\",\"dateModified\":\"2025-12-15T03:27:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1198.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1198.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/uae\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Sidara submits another offer for UK\u2019s Wood Group\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sidara submits another offer for UK\u2019s Wood Group - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/","og_locale":"en_US","og_type":"article","og_title":"Sidara submits another offer for UK\u2019s Wood Group","og_description":"Plus: Abu Dhabi\u2019s Inovartic sets up tokenization JV","og_url":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/","og_site_name":"UAE","article_modified_time":"2025-12-15T03:27:11+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1198.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/","url":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/","name":"Sidara submits another offer for UK\u2019s Wood Group - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1198.jpg?fit=%2C&ssl=1","datePublished":"2025-04-15T00:00:00+00:00","dateModified":"2025-12-15T03:27:11+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1198.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1198.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/issues\/sidara-submits-another-offer-for-uks-wood-group\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/uae\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Sidara submits another offer for UK\u2019s Wood Group"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/102612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/102612\/revisions"}],"predecessor-version":[{"id":102658,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/102612\/revisions\/102658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/102613"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=102612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=102612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=102612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}