{"id":103042,"date":"2025-04-28T00:00:00","date_gmt":"2025-04-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=103042"},"modified":"2025-12-15T03:34:54","modified_gmt":"2025-12-15T03:34:54","slug":"bmi-downgrades-uaes-growth-forecast-amid-headwinds-plus-ipo-activity-may-be-picking-up-again","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/bmi-downgrades-uaes-growth-forecast-amid-headwinds-plus-ipo-activity-may-be-picking-up-again\/","title":{"rendered":"BMI downgrades UAE\u2019s growth forecast amid headwinds. PLUS: IPO activity may be picking up again"},"content":{"rendered":"<section id=\"103044\" 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=\"103044\">\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\/28\/this-morning-mubadala-is-re-assessing-its-investment-strategy-amid-trade-tensions-ceo-says-tourism-is-off-to-a-strong-start-this-year\/\">\r\n                            THIS MORNING: Mubadala is re-assessing its investment strategy amid trade tensions, CEO says + Tourism is off to a strong start this year                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/this-morning-mubadala-is-re-assessing-its-investment-strategy-amid-trade-tensions-ceo-says-tourism-is-off-to-a-strong-start-this-year\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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We kick off the week with a busy issue, led by the latest revised growth forecast for the UAE post-tariffs, this time from Fitch Ratings. On the upside: IPO activity could be picking up again, with reports that Dubizzle and Property Finder are both sounding out investors for potential listings. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Debt capital markets had a strong 1Q 2025<\/strong>, and the UAE is expected to be the most active EM issuer this year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f WEATHER- <\/strong><strong>It's <\/strong><strong>another hot and sunny day today<\/strong>, with Dubai afternoon temperature reaching 42\u00b0C before significantly cooling down to nighttime lows of 30\u00b0C. As usual it's a bit cooler in Abu Dhabi, with afternoon highs at 35\u00b0C and nighttime lows at 28\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- <\/strong><strong>Mubadala recalibrates investment strategy amid trade tensions<\/strong><strong>: <\/strong>Abu Dhabi sovereign wealth fund Mubadala is taking a more cautious approach to global investments amid escalating US-driven trade tensions, <a target=\"_blank\" href=\"https:\/\/www.agbi.com\/trade\/2025\/04\/us-driven-trade-war-forces-mubadala-to-change-assumptions\/\" style=\"\" rel=\"noopener\">Arabian Gulf Business Insights<\/a> cites CEO Khaldoon Al Mubarak as saying on the sidelines of the IMF spring meetings. Each move will now take more time to be considered and will be evaluated on a \u201cmerit basis\u201d as Mubadala adjusts its \u201cbase case assumptions.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Still, the UAE <\/strong><strong>\u2665\ufe0f US<\/strong><strong>: <\/strong>The US remains a \u201cmajor destination of capital coming from UAE institutions,\u201d particularly in technology, energy, and infrastructure, Al Mubarak said. Last month, the UAE pledged <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e821f11d-59fa-49b1-a3ad-5a1638b9dd42\/uae-to-invest-usd%253cmark%253e-1.4-tn%253c%2Fmark%253e-in-us-over-10-years\" style=\"\" rel=\"noopener\">USD 1.4 tn<\/a> in investments in the US to be rolled out over the next decade, and US President Donald Trump is set to visit the UAE, Saudi Arabia, and Qatar <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/05c5c511-02c2-4c56-b8a4-835553899d25\/this-morning:%253cmark%253e-trump%253c%2Fmark%253e-to-visit-middle-east-mid-may-%2B-invictus-eyes-more-acquisitions-this-year\" style=\"\" rel=\"noopener\">next month<\/a> to discuss further Gulf investment commitments. Mubadala also recently committed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6e86a56d-1ae3-4ca0-8f86-31f725993e65\/mubadala-doubles-down-on-private-credit-with-usd-1-bn-fortress-tie-up\" style=\"\" rel=\"noopener\">USD 1 bn to a strategic partnership<\/a> with US-based asset manager Fortress, in which it has a controlling stake.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Mubarak also met <\/strong><strong>with key US officials \u2014 including the Treasury Secretary, Special Envoy to the Middle East, and the Commerce Secretary \u2014 in Washington <\/strong>last week, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjdfik0-khaldoon-mubarak-meets-with-key-officials\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Talks focused on advancing Emirati plans to invest in the US.<\/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- <\/strong><strong>UAE, Sri <\/strong><strong>Lanka, and India will begin talks to develop a joint energy hu<\/strong><strong>b in Sri Lanka\u2019s Trincomalee, <\/strong><strong>a port city on Sri Lanka\u2019s east coast, <\/strong><strong> in May<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/sri-lanka-begin-talks-with-india-uae-new-energy-hub-2025-04-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a statement from Sri Lanka\u2019s Energy Ministry. The three players <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c3887cb1-1a65-4388-bcd6-292aa0b57515\/uae-and-india-partner-with%253cmark%253e-sri%253c%2Fmark%253e%253cmark%253e-lanka%253c%2Fmark%253e-on-energy-hub-to-counter-china%25e2%2580%2599s-influence\" style=\"\" rel=\"noopener\">inked an agreement<\/a> to develop the energy hub this month, with plans including a multi-product pipeline, bunkering facilities, a refinery, and potential use of WWII-era oil storage tanks managed by Indian Oil Corp. It is not clear yet whether production will be exported or earmarked for domestic use.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> Representatives from AD Ports Group will meet with Sri Lankan state-run Ceylon Petroleum and Indian Oil later next month to begin discussion on an in-depth proposals for the hub, Sri Lanka\u2019s Energy Ministry Secretary Udayanga Hemapala told Reuters. A joint project monitoring committee has been set up to oversee the process and the development plan. <\/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>Time <\/strong><strong>Hotels accelerates global expansion plans: <\/strong>UAE-based <a target=\"_blank\" href=\"https:\/\/www.timehotels.com\/\" style=\"\" rel=\"noopener\">Time Hotels<\/a> is planning to open 12 new properties across Saudi Arabia, Tanzania, Morocco, and the Indian Ocean by 1Q 2026, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/time-hotels-to-reveal-bold-growth-strategy-with-12-new-openings-by-q1-2026-during-arabian-travel-market-xibbyfhr\" style=\"\" rel=\"noopener\">press release<\/a>. The hospitality company, which currently operates 17 properties across the region, is also expanding into the Maldives, where it will launch <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/66e70d49-6e38-4146-860c-a56ab2ef74d6\/mashreq-grants-gargash-group-its-debut-green-loan-%2B-new-cfds-fro-dfm,-adx-indices\" style=\"\" rel=\"noopener\">two new brands<\/a>, Halo and Vivi, in 4Q 2026. It hopes to have a 100-hotel strong portfolio in the next five years.<\/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>Food <\/strong><strong>delivery robots coming to a neighborhood near you: <\/strong>Robot deliveries could soon expand across Dubai after Yango Technology\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b4a38701-4f49-40e2-a41c-cb205feea1ec\/al-ansari-wallet-is-coming-in-2q-%2B-cord-blood-banking-services-are-now-more-affordable\" style=\"\" rel=\"noopener\">pilot<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b4a38701-4f49-40e2-a41c-cb205feea1ec\/al-ansari-wallet-is-coming-in-2q-%2B-cord-blood-banking-services-are-now-more-affordable\" style=\"\" rel=\"noopener\">in Shobha Hartland<\/a> saw more than 40% of customers opting for the service, regional head of Yango Technology Autonomy Middle East Nikita Gavrilov told <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/dubai-yango-tech-robot-delivery-expansion\" style=\"\" rel=\"noopener\">Khaleej Times<\/a>. Gavrilov said there is strong potential to roll out the delivery system in villa communities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Uh, robot deliveries?<\/strong> The fully electric pods, developed in partnership with food tech and retail firm Roots and Dubai\u2019s Roads and Transport Authority, complete food and grocery deliveries in under 20 minutes. Dubai is looking to cut carbon emissions by 30% and shift 25% of transport to autonomous modes by 2030 under its <a target=\"_blank\" href=\"https:\/\/u.ae\/en\/about-the-uae\/strategies-initiatives-and-awards\/strategies-plans-and-visions\/transport-and-infrastructure\/dubai-autonomous-transportation-strategy\" style=\"\" rel=\"noopener\">Autonomous Transportation Strategy<\/a>.<\/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>#5- More Syria-UAE flights: <\/strong>Syrian Airlines is set to boost its flights to Dubai by adding two new flights per week from Damascus as of 2 May, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid0sss3cxZHUvVpzmSNvPm6Ptam8xQCtx3GjBCRwa4puLX7axfW8cos76ak8BZpsCE7l&amp;id=61556667876383\" style=\"\" rel=\"noopener\">statement<\/a>. The airline is also adding two additional flights between Damascus and Sharjah, effective from 5 May, according to a separate <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid0ZaLkm2XujEj4hQ9YFnXDgiEg5sktrwCwUeu2v9tXaDR7YV4Cq61UuG1xGEvXikRxl&amp;id=61556667876383\" 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>REMEMBER-<\/strong> Flights between the UAE and Syria were <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/303d77a4-2729-4853-9910-0362c60670ba\/this-morning:-syria,-uae-to-resume-flights-%2B-dubai-airport-busiest-in-the-world-in-2024\" style=\"\" rel=\"noopener\">resumed earlier this month<\/a>, as most airlines resume flights to the country following 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<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong>The <\/strong><strong>UAE\u2019s new e-invoicing system, set to roll out in mid-2026, will reduce proces<\/strong><strong>sing costs for businesses by up to 66%<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/business\/mandatory-e-invoicing-system-in-2026\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports, citing Deloitte\u2019s North-South Europe and Middle East director Kenneth Lei. The move will improve cashflows, reduce manual errors, speed up invoice approval times, and reduce administrative costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The Finance Ministry plans to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/01492787-8e2c-48a8-873e-1c5b33ef02a4\/uae-to-launch-e-invoicing-system-in-2026\" style=\"\" rel=\"noopener\">launch an e-invoicing system in 2026<\/a>, requiring businesses to issue and store invoices electronically. Legislation updates are expected in 2Q 2025 and the first phase of the system is set to roll out in 2Q 2026.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a><strong>#1- <\/strong><strong>Dubai\u2019s <\/strong><strong>government revenues from real estate sales climbed 29.5% y-o-y to <\/strong><strong>AED <\/strong><strong>5.7 bn in 1Q 2025<\/strong>, up from AED 4.4 bn in the same period last year, <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2025-04-27\/57-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D8%B1%D9%87%D9%85-%D8%A5%D9%8A%D8%B1%D8%A7%D8%AF%D8%A7%D8%AA-%D9%82%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9-%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AF%D8%A8%D9%8A-%D9%85%D9%86-%D9%85%D8%A8%D9%8A%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D8%B1%D8%A8%D8%B9-%D8%A7%D9%84%D8%A3%D9%88%D9%84-5886371\/%D8%A3%D8%B3%D9%88%D8%A7%D9%82\" style=\"\" rel=\"noopener\">Al Khaleej<\/a> reports, citing data from the Dubai Land Department (DLD). The growth came from the 4% registration fees on property sales transactions, and monthly revenues averaged AED 1.9 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This follows a strong 2024<\/strong>, during which Dubai\u2019s real estate revenues grew 30.6% y-o-y to AED 20.9 bn, supported by total real estate sales exceeding AED 522 bn across 180k transactions. Overall real estate transactions in Dubai hit a record value of AED 760.7 bn in 2024, up 19.8% y-o-y. <\/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- Tourists from Western Europe accounted for the largest share of visitors<\/strong> in 1Q at 22%, followed by countries from the Commonwealth of Independent States (CIS) and Eastern Europe at 17%, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2025\/04\/26\/dubai-tourism-uae\/\" style=\"\" rel=\"noopener\">The National<\/a> reports, citing data from the Dubai Department of Tourism and Commerce Marketing. Tourists hailing from the GCC, South Asia and the wider MENA region rounded out the top five source markets. The city\u2019s hospitality sector reported an average daily rate of AED 647 in 1Q, up 2% y-o-y, with the number of occupied room nights reaching 11.2 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong><strong>Dubai<\/strong> <strong>welcomed 5.3 mn international visitors in 1Q 2025<\/strong>, marking a 3% increase from the same period last year,. <\/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- Abu Dhabi\u2019s hotels recorded an 18% y-o-y increase in revenues to AED 2.3 bn in 1Q <\/strong><strong>2025<\/strong>, according to an Abu Dhabi Media Office <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/tourism\/abu-dhabi-tourism-records-strong-start-to-q1-2025\/\" style=\"\" rel=\"noopener\">statement<\/a>. The emirate welcomed 1.4 mn overnight guests during the quarter, with hotel occupancy levels reaching 79%. The majority of visitors came from India, China, Russia, the UK, and the US. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In 2024, Abu Dhabi\u2019s hotels generated over AED 7.6 bn in revenue<\/strong>, up 18.1% y-o-y from 2023. Overnight visitors totaled 3.2 mn last year, with occupancy rates also standing at 79% across the emirate.<\/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>DP<\/strong><strong> World recorded a 7.5% y-o-y jump in its gross container volumes to 2<\/strong><strong>2.3 mn<\/strong><strong> TEUs globally in 1Q 202<\/strong><strong>5,<\/strong> according to a company <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/1680.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a>. Jebel Ali port saw its handling volumes up 10% y-o-y to 4 mn TEUs in 1Q. The Middle East, Europe and Africa sub-section recorded the steepest increase to its handled gross volume, up 13.7% y-o-y to 8.3 mn TEUs. Meanwhile, Asia Pacific and India handled the largest total gross volume at 10.6 mn TEUs, growing 3.2% y-o-y. <\/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>Dubai get<\/strong><strong>s a new flyover:<\/strong> Dubai\u2019s Roads and Transport Authority (RTA) and Etihad Rail inaugurated a 1.8km flyover to ease traffic flow to and from Dubai Investment Park, according to a <a target=\"_blank\" href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/opening-a-flyover-to-facilitate-traffic-flow-to-and-from-dubai-investment-park\" style=\"\" rel=\"noopener\">statement<\/a>. The signal-controlled flyover has a three-lane capacity and is designed to streamline traffic on Dubai\u2019s Al Yalayis Street. The flyover is set to facilitate the smooth movement of trains traveling within the median strip of Al Yalayis Street by separating trains and vehicles.<\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wtm.com\/atm\/en-gb.html\" style=\"\" rel=\"noopener\">Arabian Travel Market<\/a><\/strong><strong> is starting today and running until Thursday<\/strong>, at the Dubai World Trade Center. The event convenes all travel sectors and verticals, addressing industry challenges for tourism businesses and offering networking sessions. The conference\u2019s program focuses on hospitality, investment, sustainability, marketing, and technology.<\/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.ifatca2025.com\/\" style=\"\" rel=\"noopener\">International Federation of Air Traffic Controllers' Associations (IFATCA) conference<\/a><\/strong><strong> is kicking off today and running all this week <\/strong>at the Adnec Center in Abu Dhabi. The conference brings together air traffic control professionals to discuss the air traffic management sector, focusing on capacity building, emerging technologies, and solutions to challenges faced by the industry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.culturesummitabudhabi.com\/en\" style=\"\" rel=\"noopener\">Culture<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.culturesummitabudhabi.com\/en\" style=\"\" rel=\"noopener\">Summit Abu Dhabi<\/a><\/strong><strong> will wrap up tomorrow<\/strong> at Manarat Al Saadiyat in Abu Dhabi. The summit features panel discussions, keynote speeches, and interactive workshops where participants examine the evolving role of culture in society. Case studies and collaborative sessions will explore innovative approaches to cultural preservation, creative industries, and policy development.<\/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- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bj82lsp-fujairah-international-conference-adventures\" style=\"\" rel=\"noopener\">Fujairah International Conference of Adventures Tourism<\/a><\/strong><strong> is running from <\/strong><strong>Wednesday until Friday <\/strong>at the Fujairah Adventures Centre. The event will spotlight investment, sustainability, and innovation in adventure tourism. The agenda includes panel discussions, MoU signings, site tours, and the launch of the region\u2019s first standardized framework for adventure tourism.<\/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:\/\/bsg.ae\/en\/bx-2025\" style=\"\" rel=\"noopener\">The Behavioral Exchange 2025 Conference (BX2025)<\/a><\/strong><strong> will be on Wednesday, 30 April and <\/strong><strong>Thursday, 1 May <\/strong>at New York University Abu Dhabi. The event will gather global experts, policymakers, and researchers to discuss behavioral insights and their application in tackling complex societal challenges.<\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a quiet day in the global business press, as is typical of Monday mornings<\/strong> \u2014 but the foreign press is filled with news of attacks in different corners of the world. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In Vancouver, a car drove into a crowd celebrating Lapu Lapu day, a Filipino festival, at a neighborhood street party<\/strong>, killing 11 people and injuring several others. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/what-is-lapu-lapu-day-filipinos-shocked-by-festival-tragedy-vancouver-2025-04-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/apr\/27\/vancouver-attack-what-is-lapu-lapu-day-festival\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/658d8fcc-4a25-4cc1-b7a9-15deb8db9870\" style=\"\" rel=\"noopener\">FT<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Israel launched an airstrike in a southern suburb of <\/strong><strong>Beirut<\/strong>, jeopardizing a ceasefire that has held since November after claiming it was targeting an area that is a stronghold for Hezbollah, where Israeli officials said they were storing precision missiles. No casualties were reported. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/apr\/27\/israeli-airstrike-hits-beirut-suburb-despite-ceasefire-with-hezbollah\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/04\/27\/world\/middleeast\/israel-strike-beirut-hezbollah.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/lebanon-hezbollah-southern-suburbs-israel-5fbec1f6c4aa0e283b3d56e5134e8097\" 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>Over in Iran, the blast at the country\u2019s biggest port, Bandar Abbas, has so far killed 40 people<\/strong>, while more than 1.2k people are injured. Iran\u2019s Defense Ministry has denied international media reports claiming that the blast could be linked to the mishandling of solid fuel used for missiles, though most reports say chemicals at the port were the suspected cause of the explosion. 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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">ECONOMY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/bmi-downgrades-uaes-growth-forecast-citing-weaker-oil-prices-and-global-demand\/\">\r\n                            BMI downgrades UAE\u2019s growth forecast, citing weaker oil prices and global demand                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/bmi-downgrades-uaes-growth-forecast-citing-weaker-oil-prices-and-global-demand\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2245.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103048\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/bmi-downgrades-uaes-growth-forecast-citing-weaker-oil-prices-and-global-demand\/2245-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2245.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2245.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2245.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2245.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103047\" class=\"content-area-description single-story post-103047 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-economy tag-enterpriseam-uae tag-gdp tag-oil-and-gas 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\/.d5f59d17-3cac-4068-8be2-10ac523ba4c0.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Fitch Solutions\u2019 research unit BMI revised down its GDP growth forecas<\/strong><strong>t for the UAE to <\/strong><strong>4.6% in 2025<\/strong>, down 0.5 percentage points from 5.1% previously, citing \u201clower oil prices and the weaker global demand because of the US tariffs,\u201d BMI said in its <a target=\"_blank\" href=\"https:\/\/www.fitchsolutions.com\/bmi\/country-risk\/indirect-impact-us-tariffs-uae-economy-will-be-manageable-23-04-2025?fSWebArticleValidation=true&amp;mkt_tok=NzMyLUNLSC03NjcAAAGaFXrbrL1sr8sCEDniu-REpwl4jS3p8nFdLnAUJN0Ca88_ikRHPsmzCd3tMtlmgaOX4ppplTwyY9i7_02UNdnFV2g4VvDJrB6WwW6WJcIwiTF9Pgthzg?fSWebArticleValidation=true&amp;mkt_tok=NzMyLUNLSC03NjcAAAGaFcYkbqrEDEQpvcnfb_Zi9KNhqvYtK0lOm5T2O4eQcVtibKO6y1auSx_yu5DQbKsLLsFceEFACfnw2-iWDUYHhgLIJmnrsZM10kWdtX6iSH6Qp71HOA\" style=\"\" rel=\"noopener\">MENA Monthly Outlook<\/a>. Even with the downgrade, growth would still exceed the 3.8% uptick estimated in 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The rationale: <\/strong><span style=\"background-color: transparent;\">BMI said the downward revision is driven by \u201clower oil prices and the weaker global growth outlook, which will weigh on investment and demand for exports.\u201d Growth will be mainly led by an uptick in oil production as Opec+ rolls back its output restrictions.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The US tariffs\u2019 direct impact on the UAE\u2019s economy will be \u201climited,\u201d <\/strong>despite the UAE estimated to have the \u201chighest effective [tariff] rate\u201d among oil exporters at 12.8%, said BMI, noting that its exports to the US represent only 2.1% of its total exports and 1.4% of its GDP. However, the indirect impact of lower oil prices be a \u201cbigger blow to the economy,\u201d it said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>Opec+ is <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\">moving ahead<\/a> with its planned supply hikes, citing a positive market outlook, but has left room to pause or reverse course if needed. The UAE is set to benefit from a raised production quota of 3.5 mn barrels per day in 2025, up from 2.9 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a positive note: <\/strong>The research unit still says \u201cthe UAE will be the fastest-growing economy in the GCC this year,\u201d and one of the few markets in the GCC that will see reduced inflationary pressures from the lower fuel prices as they are not subsidized, which will somewhat offset the impact of rent price pressures. Paired with lower borrowing costs, the impact of the levies\u2019 is set to be \u201cmanageable.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BMI\u2019s Oil &amp; Gas team revised down its <\/strong><strong>2025<\/strong><strong> average Brent oil price to USD 68 per barrel<\/strong>, from USD 76, following a four-year price low in April after the US tariffs triggered market uncertainty. Trade tensions between Washington and Beijing also pushed Fitch Solutions\u2019 research unit to cut its global growth expectations, which \u201cwill translate into weaker domestic and foreign investment as well as lower global demand for UAE goods and services.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Still, the UAE should come out relatively unscathed:<\/strong> The UAE\u2019s fiscal and external breakeven oil prices are much lower than USD 68 per barrel, allowing it to post fiscal and current account surpluses despite oil price dips, BMI said. Although weaker oil prices could narrow its fiscal surplus to 3.3% of GDP in 2025 \u2014 from 5.6% of GDP in 2024 \u2014 BMI says the UAE will be the only GCC member which will not post a deficit this year, and is unlikely to \u201cneed to cut back on spending or public investment.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How this compares to other forecasts: <\/strong>The World Bank <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/47aa8f7c-030c-4855-8d94-e9ae5ee7d7fd\/world-bank-upgrades-growth-forecast-for-the-uae,-citing-increased-oil-production-and-non-oil-momentum\" style=\"\" rel=\"noopener\">raised<\/a> its UAE forecast to 4.6% this year and 4.9% in 2026, up from 4.0% and 4.1%, respectively, attributing the upgrade to stronger non-oil momentum and a gradual unwinding of Opec+ oil output cuts. A Reuters poll of economists forecasted <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/47aa8f7c-030c-4855-8d94-e9ae5ee7d7fd\/world-bank-upgrades-growth-forecast-for-the-uae,-citing-increased-oil-production-and-non-oil-momentum\" style=\"\" rel=\"noopener\">4.5% growth<\/a> \u2014 a downward revision from 5% earlier in January, though still the fastest in the region. Meanwhile, the IMF is less optimistic with a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/261164f9-698a-4536-8e53-af67349d9b67\/imf-maintains-the-uae%25e2%2580%2599s-gdp-growth-forecast-at-4%2525\" style=\"\" rel=\"noopener\">4% growth<\/a> forecast. The CBUAE expects a stronger <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e95173c0-b4ed-49cf-8c38-460f770da475\/cbuae,-icaew-are-upbeat-on%253cmark%253e-the%253c%2Fmark%253e%253cmark%253e-uae%253c%2Fmark%253e%25e2%2580%2599s-growth-this-year\" style=\"\" rel=\"noopener\">4.7%<\/a> GDP growth, while <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9119f717-0e56-4ed0-be91-b8ae612622e3\/s&amp;p-global-sees-the-uae%25e2%2580%2599s-economy-growing-by-5.1%2525-in-2025\" style=\"\" rel=\"noopener\">S&amp;P Global<\/a> had previously forecast 5.1% growth this year.<\/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\/economy\/\">Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/gdp\/\">GDP<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103049\" 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=\"103049\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">IPO WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/dubizzle-property-finder-are-gauging-investor-interest-ahead-of-potential-ipos\/\">\r\n                            Dubizzle, Property Finder are gauging investor interest ahead of potential IPOs                        <\/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\/28\/dubizzle-property-finder-are-gauging-investor-interest-ahead-of-potential-ipos\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Dubizzle could raise at least USD 500 mn from the transaction, the sources said. Dubizzle reportedly enlisted Emirates NBD, Goldman Sachs, HSBC, and Morgan Stanley to work on the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/918d9977-77ec-41f2-a515-70b01ddc9703\/dubizzle-taps-new-banks-for-2025%253cmark%253e-ipo%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">potential offering<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Is Property Finder eyeing an IPO? <\/strong><span style=\"background-color: transparent;\">While some sources said that Property Finder is talking to investors about a non-deal roadshow, others mentioned that these meetings are paving the way for an eventual IPO. Property Finder is talking to equity investors to explore the possibility of broadening its cap table, the news information service said, citing Michael Lahyani, the firm\u2019s CEO. No further information was disclosed.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The news comes against the backdrop of jittery markets<\/strong>, with only one IPO taking place so far this year in the UAE, courtesy of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/71cf22ef-c051-4258-a690-ed59fa678739\/alpha-data%25e2%2580%2599s-share-price-rallied-on-its-first-day-of-trading\" style=\"\" rel=\"noopener\">Alpha Data<\/a>. ADQ-backed Etihad Airways had pushed its highly anticipated IPO to after Eid Al Fitr, but we haven\u2019t heard anything yet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other UAE IPOs in the pipeline:<\/strong><\/p>\n<ul>\n<li>Abu Dhabi conglomerate International Holding Company\u2019s investment arm <strong>2PointZero<\/strong> is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/03e0b1a5-ac76-4f48-b8e1-4f84720e55c1\/2pointzero-to-hit-adx-this-year%3F-%2B-abu-dhabi-investment-group-plans-to-list-two-of-its-units\" style=\"\" rel=\"noopener\">gearing up<\/a> for an IPO on the ADX;<\/li>\n<li><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4d0b51bd-2112-439e-9961-4d250c1169be\/state-backed%253cmark%253e-alec%253c%2Fmark%253e-engineering-targets-usd-500-mn-ipo-in-mid-2025\" style=\"\" rel=\"noopener\">Alec Construction<\/a><\/strong> and <strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4578124a-9f76-43c7-ba36-e87a287d6b1f\/arabian-construction-weighs-ipo-as-real-estate-boom-continues\" style=\"\" rel=\"noopener\">Arabian Construction<\/a><\/strong> are both eyeing IPOs;<\/li>\n<li><strong>Dubai Holding<\/strong> <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\">plans to float<\/a> two of its property portfolio units;<\/li>\n<li><strong>Abu Dhabi Investment Group<\/strong> (ADIG) is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/03e0b1a5-ac76-4f48-b8e1-4f84720e55c1\/2pointzero-to-hit-adx-this-year%3F-%2B-abu-dhabi-investment-group-plans-to-list-two-of-its-units\" style=\"\" rel=\"noopener\">eyeing listings<\/a> for its financial unit and energy subsidiary this year;<\/li>\n<li>Hospitality group <strong>Five Holdings<\/strong> also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e41498de-e70b-4fe3-81cc-992793f20f9c\/%253cmark%253efive-holdings%253c%2Fmark%253e-taps-banks-for-2025-ipo\" style=\"\" rel=\"noopener\">tapped<\/a> advisors for a potential listing;<\/li>\n<li><strong>Amanat Holdings<\/strong> is planning to list its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e11209cb-2436-465a-8a18-8f9e15410aac\/%253cmark%253eamanat%253c%2Fmark%253e-holdings-to-discuss-potential-ipo-of-education-unit-today\" style=\"\" rel=\"noopener\">education<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a7487593-d87d-409f-8b7b-96601eda5c08\/expect-at-least-five-more-ipos-in-the-uae-this-year\" style=\"\" rel=\"noopener\">healthcare<\/a> units;<\/li>\n<li>Shisha producer <strong>Advanced Inhalation Ritual<\/strong> is also rumored to potentially IPO.<\/li>\n<\/ul>\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\/dubizzle\/\">Dubizzle<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo\/\">IPO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/property-finder\/\">Property Finder<\/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=\"103051 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=\"103051\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/103051-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103051\" class=\"content-area-description single-story post-103051 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=\"103052\" 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=\"103052\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/uae-set-to-become-the-most-active-debt-issuer-among-ems-this-year-fitch\/\">\r\n                            UAE set to become the most active debt issuer among EMs this year -Fitch                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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year -Fitch\">\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+set+to+become+the+most+active+debt+issuer+among+EMs+this+year+-Fitch+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F28%2Fuae-set-to-become-the-most-active-debt-issuer-among-ems-this-year-fitch%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\/28\/uae-set-to-become-the-most-active-debt-issuer-among-ems-this-year-fitch\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2245.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103053\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/uae-set-to-become-the-most-active-debt-issuer-among-ems-this-year-fitch\/2245-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2245.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2245.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2245.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2245.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103052\" class=\"content-area-description single-story post-103052 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt tag-debt-watch tag-sukuk 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\/.e7a9d23e-3f00-45b2-a92e-bc3f53f704d0.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The UAE\u2019s debt capital market (DCM) expanded in 1Q 2025<\/strong>, setting the stage for what Fitch Ratings expects to be the most active among emerging markets globally, particularly when it comes to sukuk, it said in a <a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/islamic-finance\/uae-debt-capital-market-growth-base-intact-faced-by-global-volatilities-23-04-2025#:~:text=UAE%20has%20the%20second%2Dlargest,which%2068.5%25%20was%20dollar%20denominated.\" style=\"\" rel=\"noopener\">note<\/a>. The UAE maintained its position as the second-largest DCM in the GCC and the fourth-largest emerging market USD debt issuer (excluding China) in 1Q 2025, with the DCM expanding 8.3% y-o-y to USD 309 bn, and issuances surging by 109% y-o-y to USD 29.1 bn. <\/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 country\u2019s sukuk issuances increased by 22.6% y-o-y to USD 4.9 bn in 1Q<\/strong><strong style=\"background-color: transparent;\"> 2025, while bond issuances rose by 145%.<\/strong><span style=\"background-color: transparent;\"> UAE-based entities issued 6.5% of global outstanding sukuk by the end of 1Q 2025, with sukuk representing 18% of the country\u2019s total DCM outstanding.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>USD-denominated issuances dominated: <\/strong>Some 68.5% of issuances were denominated in USD. Meanwhile, AED debt issuances represent about a quarter of the UAE\u2019s DCM as of the end of the quarter, with the government focused on issuing treasury sukuk rather than bonds. However, AED-denominated issuances by UAE corporates and banks remain scarce, along with a lack of Islamic alternatives to AED treasury bills. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As of the end of 1Q 2025, ESG debt outstanding topped USD 25 bn, marking a 30% jum<\/strong><strong>p y-o-y. <\/strong>Sukuk led the charge, soaring more than 40%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But new issuance was not as lively: <\/strong>ESG debt issuance hit just USD 1.2 bn in 1Q \u2014 down 40.7% y-o-y \u2014 and it was all sukuk. Traditional ESG bonds? None were issued last quarter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Debt capital markets are expected to see continued strong issuance growth throughou<\/strong><strong>t 2025, with projections for the market to expand to USD 350 bn in 2026. <\/strong>Growth drivers include funding diversification, upcoming debt maturities, project and infrastructure financing, regulatory reforms, and Islamic-finance ecosystem development. Fitch also expects Nasdaq Dubai to remain among the top listing centers globally for USD sukuk.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead, higher tariffs could indirectly fuel greater DCM activity in the UAE<\/strong>, as weaker global demand driven by tariff-induced costs puts downward pressure on <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/68b258fd-99a5-469d-b2ba-984cc3ffa2b1\/fitch-says-gcc-banks-will-likely-weather-trump%253cmark%253e-tariffs%253c%2Fmark%253e%25e2%2580%2599-storm\" style=\"\" rel=\"noopener\">hydrocarbon prices<\/a>. However, tariffs are not expected to directly affect the credit profiles of the UAE or other GCC countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The agency previously had a strong outlook for the UAE\u2019s debt capital markets in 2025, expecting it to reach <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/745a93df-d2fc-4e36-8b66-03df1e437df5\/%253cmark%253edebt%253c%2Fmark%253e%253cmark%253e-market%253c%2Fmark%253e-to-expand-to-usd-300-bn-by-2025\" style=\"\" rel=\"noopener\">USD 300 bn<\/a> this year and surpass <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6a1be6c4-8f28-46d1-9f52-2fab59f78134\/this-morning:-france,-uae-to-invest-in-ai-as-part-of-planned-strategic-partnership\" style=\"\" rel=\"noopener\">USD 400 bn<\/a> over the next few years. Separately, the UAE has emerged as the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b6e54a64-e2e0-4b93-89c6-57457f47ecce\/uae-assets,-including-sukuk,-are-becoming-an-investor-favorite-amid-global-headwinds\" style=\"\" rel=\"noopener\">world\u2019s top-performing sukuk market<\/a> since Trump\u2019s return to the White House, outpacing even the US, as investors look towards EMs with strong fundamentals for tariff-safe assets. <\/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\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sukuk\/\">Sukuk<\/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=\"103054\" 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=\"103054\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/adia-buys-more-shares-in-jefferies-credit-partners\/\">\r\n                            ADIA buys more shares in Jefferies Credit Partners                        <\/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\/28\/adia-buys-more-shares-in-jefferies-credit-partners\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The ADIA-backed firm purchased some 344k common shares in the debt fund at USD 14.5 apiece after Jefferies delivered a drawdown notice to Platinum Falcon. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">This is only a top-up: <\/strong><span style=\"background-color: transparent;\">ADIA\u2019s latest capital injection brings its total holding in JCP to 61.9%, good for c.17.8 mn shares. The Abu Dhabi sovereign wealth fund had already bought some <\/span><a target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1362558\/000101143824000063\/form_sc13da-jefferies.htm\" rel=\"noopener\">10.2 mn shares<\/a><span style=\"background-color: transparent;\"> (which represented an 87% stake) in the debt fund last year followed by <\/span><a target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1959604\/000095017024140728\/xslSCHEDULE_13D_X01\/primary_doc.xml?utm_source=chatgpt.com\" rel=\"noopener\">a series<\/a><span style=\"background-color: transparent;\"> of incremental purchases \u2014 all of which were made through Platinum Falcon.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Uh, Enterprise, how did ADIA\u2019s stake shrink if it upped its holding? <\/strong>While ADIA now owns more shares in JCP than it did last year, the debt unit\u2019s total share count grew 2.5x since the fund\u2019s first purchase, diluting its total ownership. <\/p>\n<p class=\"tag-border-left\">OTHER ADIA NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ather Energy secures funds from Adia ahead of a planned IPO:<\/strong> The Abu Dhabi Investment Authority (ADIA) was among a group of anchor investors who participated in the USD 156.9 mn funding raised by India-based two-wheeler EV manufacturer <a target=\"_blank\" href=\"https:\/\/www.atherenergy.com\/\" style=\"\" rel=\"noopener\">Ather Energy<\/a> in a pre-IPO funding round, <a target=\"_blank\" href=\"https:\/\/www.techinasia.com\/news\/abu-dhabi-invesco-back-indian-ev-maker-ather-ahead-of-ipo\" style=\"\" rel=\"noopener\">Tech in Asia<\/a> reports. Shares were allocated to 36 investors at USD 3.76 apiece. Ather\u2019s IPO is set to wrap up before the end of the 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\/abu-dhabi-investment-authority\/\">Abu Dhabi Investment Authority<\/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\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103056\" 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=\"103056\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/tc-mena-holdings-acquires-majority-stake-in-gulf-cement\/\">\r\n                            TC Mena Holdings acquires majority stake in Gulf Cement                        <\/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\/28\/tc-mena-holdings-acquires-majority-stake-in-gulf-cement\/\" 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\/28\/tc-mena-holdings-acquires-majority-stake-in-gulf-cement\/')\">\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\/28\/tc-mena-holdings-acquires-majority-stake-in-gulf-cement\/\">\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=TC Mena Holdings acquires majority stake in Gulf Cement&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/tc-mena-holdings-acquires-majority-stake-in-gulf-cement\/\">\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\/28\/tc-mena-holdings-acquires-majority-stake-in-gulf-cement\/&title=TC Mena Holdings acquires majority stake in Gulf Cement\">\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=TC+Mena+Holdings+acquires+majority+stake+in+Gulf+Cement+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F28%2Ftc-mena-holdings-acquires-majority-stake-in-gulf-cement%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\/28\/tc-mena-holdings-acquires-majority-stake-in-gulf-cement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/179.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103057\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/tc-mena-holdings-acquires-majority-stake-in-gulf-cement\/179-jpg-32\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/179.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"179.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/179.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/179.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103056\" class=\"content-area-description single-story post-103056 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseam-uae tag-gulf-cement tag-investment-watch tag-ma tag-ma-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.ab07730a-d4c6-4144-be6e-510bf8df4f36.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>TC Mena Holdings secured a 64.06% stake in Gulf Cement: <\/strong>TC Mena Holdings acquired an additional stake of 26.44% in ADX-listed <a target=\"_blank\" href=\"https:\/\/gulfcement.ae\/en\/\" style=\"\" rel=\"noopener\">Gulf Cement<\/a>, increasing its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2495d5c9-e81e-4a14-9097-3bfc77be5b94\/gulf-cement-shareholders-approve-tc-mena-holdings%25e2%2580%2599-takeover-bid\" style=\"\" rel=\"noopener\">total holding to 64.06%<\/a> after extending the deadline for shareholders tendering their shares, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/1650.pdf\" style=\"\" rel=\"noopener\">a disclosure to the ADX (pdf)<\/a>. The company, a unit of Italy\u2019s <a target=\"_blank\" href=\"https:\/\/www.buzziunicem.it\/en\/home\" style=\"\" rel=\"noopener\">Buzzi Unicem<\/a> unit and Gulf Cement\u2019s largest shareholder, had been gunning for up to 100% of the company, up from its current 37.6% stake, and a minimum of a 50%+1 controlling stake. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> TC <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fc8f21b8-c5de-41be-bfe1-09e55532b448\/tc-mena-raises-offer-price-for%253cmark%253e-gulf-cement%253c%2Fmark%253e-to-aed-0.75-per-share\" style=\"\" rel=\"noopener\">raised its offer price<\/a> to AED 0.75 per share earlier this month \u2014 up 33.92% from the initial bid \u2014 and after Gulf Cement\u2019s shareholders <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2495d5c9-e81e-4a14-9097-3bfc77be5b94\/%253cmark%253egulf-cement%253c%2Fmark%253e-shareholders-approve-tc-mena-holdings%25e2%2580%2599-takeover-bid\" style=\"\" rel=\"noopener\">approved the bid<\/a> earlier this month. Gulf Cement \u2014 the largest cement producer in the UAE \u2014 netted some AED 41.5 mn in losses last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Emirates NBD is quarterbacking the transaction as financial advisor, lead manager and receiving agent with Ibrahim N Partners providing legal counsel.<\/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\/gulf-cement\/\">Gulf Cement<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103058\" 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=\"103058\">\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\">ECONOMY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/dwtc-generated-aed-22-4-bn-in-economic-output-last-year-amid-events-boom\/\">\r\n                            DWTC generated AED 22.4 bn in economic output last year amid events boom                        <\/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\/28\/dwtc-generated-aed-22-4-bn-in-economic-output-last-year-amid-events-boom\/\" 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\/28\/dwtc-generated-aed-22-4-bn-in-economic-output-last-year-amid-events-boom\/')\">\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\/28\/dwtc-generated-aed-22-4-bn-in-economic-output-last-year-amid-events-boom\/\">\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=DWTC generated AED 22.4 bn in economic output last year amid events boom&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/dwtc-generated-aed-22-4-bn-in-economic-output-last-year-amid-events-boom\/\">\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\/28\/dwtc-generated-aed-22-4-bn-in-economic-output-last-year-amid-events-boom\/&title=DWTC generated AED 22.4 bn in economic output last year amid events boom\">\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=DWTC+generated+AED+22.4+bn+in+economic+output+last+year+amid+events+boom+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F28%2Fdwtc-generated-aed-22-4-bn-in-economic-output-last-year-amid-events-boom%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\/28\/dwtc-generated-aed-22-4-bn-in-economic-output-last-year-amid-events-boom\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1097.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103059\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/dwtc-generated-aed-22-4-bn-in-economic-output-last-year-amid-events-boom\/1097-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1097.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1097.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1097.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1097.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103058\" class=\"content-area-description single-story post-103058 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-dubai tag-economy tag-enterpriseam-uae tag-gdp 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\/.7447f234-60f7-4638-8ae1-07d9a2ac2a5c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Dubai World Trade Center (DWTC) generated nearly AED 22.4 bn in <\/strong><strong>economic <\/strong><strong>output in 2024<\/strong>, driven by record growth in large-scale events, according to a <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2025\/april\/27-04\/dwtc-delivers-aed2235-billion-in-economic-output-in-2024\" style=\"\" rel=\"noopener\">Dubai Media Office statement<\/a>, citing its latest Economic Impact Assessment. DWTC hosted 100 large-scale events last year \u2014 up 32% y-o-y \u2014 attracting over 2 mn attendees.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Gross value added (GVA) to Dubai\u2019s GDP stood at AED 13.0 bn<\/strong><span style=\"background-color: transparent;\">, underscoring the venue\u2019s role in supporting the emirate\u2019s broader diversification goals under the Dubai Economic Agenda D33.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Healthcare, food and hospitality, and information technology events were the main contributors<\/strong>, accounting for 58% of total GVA and attracting 51% of all event attendees.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where the funds flowed: <\/strong>Direct event spending generated AED 2.9 bn within the meetings, incentives, conferences, and exhibitions (MICE) sector, while supporting over 85.5k jobs. An additional AED 13.2 bn flowed into adjacent sectors such as hotel accommodation, retail, F&amp;B, and transport. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>International visitors drove spending:<\/strong> International visitors accounted for 46% of total attendees, spending nearly 6x more than domestic participants. Top source markets included Saudi Arabia, India, China, Turkey, and the UK.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- DWTC is expanding amid Dubai\u2019s events boom: <\/strong>It tapped UK-based Mace Group <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/683568d4-9620-449d-830d-63d1546a83b4\/mace-to-manage-first-phase-of%253cmark%253e-dubai-exhibition%253c%2Fmark%253e-center%25e2%2580%2599s-aed-10-bn-expansion\" style=\"\" rel=\"noopener\">last October<\/a> to oversee the first phase of the AED 10 bn Dubai Exhibition Center expansion, set for completion by 2026. The full project, part of Dubai\u2019s 2040 urban plan, is scheduled for completion by 2031, doubling exhibition space and event capacity. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company is also expanding in the MICE sector: <\/strong>DWTC partnered with UK-based Informa Group <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5114aed8-8815-4a93-a183-81a1b1745537\/dwtc,-informa-merge-their-b2b-events-business-in-a-new-venture\" style=\"\" rel=\"noopener\">last month<\/a> to launch a Dubai-headquartered B2B events joint venture focused on the MICE sector. The new entity will oversee over 40 major events across the Middle East, South Asia, and Africa and is expected to generate around USD 700 mn in revenues<strong>.<\/strong><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/economy\/\">Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/gdp\/\">GDP<\/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=\"103060\" 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=\"103060\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/ghitha-easy-lease-see-net-income-fall-in-1q\/\">\r\n                            Ghitha, Easy Lease see net income fall in 1Q                        <\/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\/28\/ghitha-easy-lease-see-net-income-fall-in-1q\/\" 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\/28\/ghitha-easy-lease-see-net-income-fall-in-1q\/')\">\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\/28\/ghitha-easy-lease-see-net-income-fall-in-1q\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Ghitha, Easy Lease see net income fall in 1Q&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/ghitha-easy-lease-see-net-income-fall-in-1q\/\">\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\/28\/ghitha-easy-lease-see-net-income-fall-in-1q\/&title=Ghitha, Easy Lease see net income fall in 1Q\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Ghitha%2C+Easy+Lease+see+net+income+fall+in+1Q+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F28%2Fghitha-easy-lease-see-net-income-fall-in-1q%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\/28\/ghitha-easy-lease-see-net-income-fall-in-1q\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1602.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103061\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/ghitha-easy-lease-see-net-income-fall-in-1q\/1602-jpg-78\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1602.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1602.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1602.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1602.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103060\" class=\"content-area-description single-story post-103060 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-easylease-motorcycle-rental tag-enterpriseam-uae tag-ghitha-holding wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.054fdb08-37d2-4567-825e-b2d7b06a91e4.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GHITHA-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu <\/strong><strong>Dhabi-based food manufacturer Ghitha saw its net income fall 98% y-o-y to AED 52.6 <\/strong><strong>mn in 1Q 2025<\/strong>, while operating income rose 6.4% YoY to AED 76.8 mn, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/1667.pdf\" style=\"\" rel=\"noopener\">interim financial statement (pdf)<\/a>. The company reported a 7.2% rise in revenues y-o-y to AED 1.3 bn, and said that it focused on cost efficiencies during the quarter, as well as improving its product mix, while contributions from recent acquisitions buoyed the performance, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/1706.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Looking ahead<\/strong><span style=\"background-color: transparent;\">, M&amp;A will continue to be a priority for Ghitha, the company said. ADX-listed agro-food outfit Invictus Investment \u2014 a unit of Ghitha \u2014 <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d8b61bd9-d8e1-4260-a425-969030be3039\/adx-listed-invictus-acquires-mozambique%25e2%2580%2599s-merec-industries\" rel=\"noopener\">acquired Mozambique\u2019s largest milling company Merec Industries \u2019parent company Stratton Africa Holding<\/a><span style=\"background-color: transparent;\"> earlier this year, while subsidiary Zee Stores International acquired a <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a4b0b5ea-35fd-4ead-adf4-5280ce0fe1a5\/core42-begins-deploying-nvidia-tech\" rel=\"noopener\">70% stake<\/a><span style=\"background-color: transparent;\"> in Fujairah\u2019s International Food Industries for AED 41 mn in October, along with several other acquisitions. Al Ain Farms also acquired UAE-based poultry producer Al Jazira Poultry Farm in March 2025 to strengthen its protein vertical, it said in the statement.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EASYLEASE- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Easy<\/strong><strong>Lease reported net income of AED 10.4 mn for 1Q 2025<\/strong>, a 20% dip compared to the same period last year, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/1653.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The firm\u2019s revenues from sales rose by 71% y-o-y to AED 166.3 mn for the first quarter, with subsidiary expansion and strategic investments to expand its infrastructure driving the strong results.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/easylease-motorcycle-rental\/\">EasyLease Motorcycle Rental<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ghitha-holding\/\">Ghitha Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103062\" 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=\"103062\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/mashreq-names-marwan-galadari-as-new-head-of-trading-companies\/\">\r\n                            Mashreq names Marwan Galadari as new head of trading companies                        <\/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\/28\/mashreq-names-marwan-galadari-as-new-head-of-trading-companies\/\" 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\/28\/mashreq-names-marwan-galadari-as-new-head-of-trading-companies\/')\">\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\/28\/mashreq-names-marwan-galadari-as-new-head-of-trading-companies\/\">\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=Mashreq names Marwan Galadari as new head of trading companies&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/mashreq-names-marwan-galadari-as-new-head-of-trading-companies\/\">\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\/28\/mashreq-names-marwan-galadari-as-new-head-of-trading-companies\/&title=Mashreq names Marwan Galadari as new head of trading companies\">\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=Mashreq+names+Marwan+Galadari+as+new+head+of+trading+companies+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F28%2Fmashreq-names-marwan-galadari-as-new-head-of-trading-companies%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\/28\/mashreq-names-marwan-galadari-as-new-head-of-trading-companies\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1708.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103063\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/mashreq-names-marwan-galadari-as-new-head-of-trading-companies\/1708-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1708.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1708.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1708.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1708.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103062\" class=\"content-area-description single-story post-103062 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-enterpriseam-uae tag-mashreq 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\/.a0cc6d08-1bad-48ad-9fe6-d5f98f38f7b5.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Our friends at <strong>Mashreq <\/strong>have<strong> appointed Marwan Galadari (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/marwan-galadari-0bb6a994\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) <\/strong>as the new <strong>head<\/strong><strong> of <\/strong><strong>t<\/strong><strong>rading companies<\/strong>, according to a post on <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/mashreq-uae\/posts\/?feedView=all\" style=\"\" rel=\"noopener\">Linkedin<\/a>. Galadari joins Mashreq from Emirates NBD, where he served as head of corporate coverage for large corporates in corporate and institutional banking. His background in corporate banking and capital markets also includes working as director of global capital markets at Emirates NBD Capital and an assistant manager role at First Gulf Bank.<\/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\/mashreq\/\">Mashreq<\/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=\"103064\" 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=\"103064\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/umm-al-quwain-gets-new-sprawling-downtown-coastal-development\/\">\r\n                            Umm Al Quwain gets new sprawling \u201cdowntown\u201d coastal development                        <\/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\/28\/umm-al-quwain-gets-new-sprawling-downtown-coastal-development\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The new development will feature an 11 km shoreline, and will include commercial centers, office spaces, residential builds, and leisure and hospitality facilities. The urban plan includes three districts \u2014 North Beach, Trade Center, and South Beach \u2014 and the development will accommodate 150k residents. The Umm Al Quwain government is partnering with real estate developer <a target=\"_blank\" href=\"https:\/\/sobharealty.com\/\" style=\"\" rel=\"noopener\">Sobha Realty<\/a> on the first phase of construction. No investment value for the development has been disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New trade hub in the works: <\/strong>The development will include a 15 mn sq ft trade center freezone that will operate under an independent framework to attract global businesses and investment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Nord <\/strong><strong>Lifestyle Development launches AED 500 mn project: <\/strong>Goldfield Holding-backed luxury real estate developer Nord Lifestyle Development has launched Henge Residences, a AED 500 mn luxury residential project on Abu Dhabi\u2019s Saadiyat Island, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/nord-lifestyle-development-launches-aed500mln-henge-residences-on-saadiyat-island-abu-dhabi-mrm7wqps\" style=\"\" rel=\"noopener\">press release<\/a>. Nord is looking to increase its contributions to Abu Dhabi\u2019s economy, CEO Maher Rahabi said. Currently Nord holds AED 342 mn in assets in the emirate.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The project was developed in collaboration with Italian design house Henge, and is set for completion in 1Q 2028. Sales for its 166 properties are underway through Nord\u2019s direct channels and brokers, and start from AED 1.1 mn for a studio and reaching up to AED 4.7 mn for a three-bed property.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">OIL AND GAS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dragon O<\/strong><strong>il inks slew of agreements at Gotech 2025:<\/strong> Dubai Government-owned oil and gas firm Dragon Oil signed several MoUs and strategic agreements to expand its operations in Egypt, Gabon, and Turkey at Gotech 2025, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/61560752860783\/videos\/1453315632516379\" style=\"\" rel=\"noopener\">statement<\/a>. The breakdown: <\/p>\n<ul>\n<li><strong>D<\/strong><strong>ragon Oil<\/strong> and <strong>Business Oil Africa<\/strong> agreed to <strong>develop oil and gas assets in Gabon<\/strong>;<\/li>\n<li>It also inked a <strong>settlement agreement<\/strong> with <strong>Turkish Petroleum Corporation<\/strong> (TPAO), the statement said, without disclosing further details; <\/li>\n<li>And was awarded a new concession by the <strong>Egyptian General Petroleum Corporation<\/strong> (EGPC) for <strong>petroleum exploration<\/strong> in Egypt\u2019s East El Hamd area.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026and targeted digital transformation:<\/strong> The firm signed a MoU with oil and gas software solutions firm Quorum to boost digital transformation and operational efficiency. It also partnered with Baker Hughes, Corva, and Exebenus to launch AI solutions in drilling operations management. The company also agreed to collaborate with geophysical firm BGP to institute state-of-the-art seismic survey technology and AI applications. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">STARTUPS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai <\/strong><strong>Future Foundation, du, Dtec, and in5 partner with Ignyte to support star<\/strong><strong>tups:<\/strong> Dubai International Financial Center\u2019s start-up focused platform Ignyte signed four strategic partnership agreements with the Dubai Future Foundation (DFF), du, Dubai Technology Entrepreneurship Campus (Dtec), and in5 during Dubai AI Week 2025 to support startup growth, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjcu2yk-hamdan-bin-mohammed-witnesses-signing-strategic\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Under the agreements, DFF will join Ignyte\u2019s platform to drive innovation programming and engage with its startup and investor ecosystem, while du will serve as Ignyte\u2019s exclusive telecom partner, offering communications infrastructure, mentorship, and access to digital tools. Dtec will provide Ignyte startups with soft-landing programs and subsidized licensing solutions, and in5 will provide incubation and fast-tracked licensing in technology, media, and design sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRADE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong> <strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dubaichambercommerce.com\/en\/\" style=\"\" rel=\"noopener\">Dubai<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dubaichambercommerce.com\/en\/\" style=\"\" rel=\"noopener\">Chamber of Commerce<\/a><\/strong><strong> has established the Slovak Business<\/strong><strong> Council<\/strong>, which aims to strengthen trade and investment links between Dubai and Slovakia, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjcu2ss-dubai-chamber-commerce-launches-slovak-business\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Slovak business activity in Dubai is accelerating:<\/strong> By the end of 2024, 134 Slovak companies were registered with the chamber \u2014 up 41% y-o-y \u2014 and non-oil trade between Dubai and Slovakia grew 38% y-o-y to AED 3.4 bn. Ten new Slovak companies joined the chamber in 1Q 2025 alone.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Abu Dhabi Chamber has opened its first international representative<\/strong><strong> office in <\/strong><strong>Katowice, Poland<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2025-04-27\/%D8%BA%D8%B1%D9%81%D8%A9-%D8%A3%D8%A8%D9%88%D8%B8%D8%A8%D9%8A-%D8%AA%D8%AF%D8%B4%D9%86-%D8%A3%D9%88%D9%84-%D9%85%D9%83%D8%A7%D8%AA%D8%A8%D9%87%D8%A7-%D8%A7%D9%84%D8%AA%D9%85%D8%AB%D9%8A%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A%D8%A9-5886571\/%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. The office will serve as a platform for UAE companies seeking entry into European markets and for Polish companies eyeing the UAE. It aims to strengthen trade, investment, and bilateral relations, UAE Ambassador to Poland Mohamed Ahmed Al Harbi said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AI-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#<\/strong><strong>1- <\/strong><strong>New <\/strong><strong>AI academy in Dubai: <\/strong>Dubai Crown Prince Hamdan bin Mohammed has launched the Dubai AI Academy to train 10k leaders \u2014 including government employees in an initial offering \u2014 in AI-related skills in collaboration with Oxford University\u2019s Sa\u00efd Business School, the Minerva Project, and Udacity, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjcu2vr-hamdan-bin-mohammed-launches-dubai-academy\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dubaifuture.ae\/\" style=\"\" rel=\"noopener\">Dubai Future<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dubaifuture.ae\/\" style=\"\" rel=\"noopener\">Foundation<\/a><\/strong><strong> and Google Cloud have partnered to roll out an <\/strong><strong>upskilling initiative for chief AI officers (CAIOs) across government entities<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjcu2jz-dubai-future-foundation-google-cloud-launch\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The training will provide CAIOs access to Google Cloud\u2019s applied AI tools, insights, and frameworks to help them accelerate AI adoption within their organizations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>New <\/strong><strong>AI partners for Dubai CommerCity: <\/strong>Digital-focused freezone Dubai CommerCity has signed strategic partnerships with trade-focused AI companies <a target=\"_blank\" href=\"http:\/\/qeen.ai\" style=\"\" rel=\"noopener\">qeen.ai<\/a> and <a target=\"_blank\" href=\"https:\/\/www.qeen.ai\/\" style=\"\" rel=\"noopener\">Portmind<\/a> to accelerate digital commerce and trade operations, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/dubai-commercity-partners-with-qeenai-and-portmind-to-accelerate-ai-adoption-within-the-free-zone-w4229saq\" style=\"\" rel=\"noopener\">press release<\/a>. The partnership with qeen.ai will embed AI-driven automation and solutions into the freezone\u2019s ecosystem, supporting e-commerce SMEs and high-growth brands in scaling operations and boosting competitiveness. Meanwhile, Portmind\u2019s Sail platform will automate customs documentation and regulatory compliance, helping businesses speed up clearances, improve shipment visibility, and lower operational costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEBT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fitch <\/strong><strong>Ratings has affirmed the Bank of Sharjah\u2019s long-term issuer default rating at BBB+<\/strong><strong> with a stable outlook<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/banks\/fitch-affirms-bank-of-sharjah-at-bbb-stable-25-04-2025\" style=\"\" rel=\"noopener\">report<\/a> by the agency. Fitch attributed the rating to the bank\u2019s potential to access support from UAE authorities, and highlighting its improved operating conditions, recovery of problem assets, better risk management, and accelerated growth. It also affirmed the bank\u2019s viability rating at B-, emphasizing the issues caused by potentially problematic legacy assets and the resulting restraint on 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\/ai\/\">AI<\/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\/artificial-intelligence\/\">artificial intelligence<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/commerce\/\">Commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-chamber-of-commerce\/\">Dubai Chamber of Commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fitch-ratings\/\">Fitch Ratings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/healthcare\/\">Healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/umm-al-quwain\/\">Umm Al Quwain<\/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=\"103066\" 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=\"103066\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/the-world-population-is-aging-the-imf-thinks-the-global-economy-could-still-benefit\/\">\r\n                            Why \u201csilver\u201d economies aren\u2019t necessarily bad for growth                        <\/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\/28\/the-world-population-is-aging-the-imf-thinks-the-global-economy-could-still-benefit\/\" 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\/28\/the-world-population-is-aging-the-imf-thinks-the-global-economy-could-still-benefit\/')\">\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\/28\/the-world-population-is-aging-the-imf-thinks-the-global-economy-could-still-benefit\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The world population is aging. The IMF thinks the global economy could still benefit.&url=https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/the-world-population-is-aging-the-imf-thinks-the-global-economy-could-still-benefit\/\">\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\/28\/the-world-population-is-aging-the-imf-thinks-the-global-economy-could-still-benefit\/&title=The world population is aging. The IMF thinks the global economy could still benefit.\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+world+population+is+aging.+The+IMF+thinks+the+global+economy+could+still+benefit.+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F04%2F28%2Fthe-world-population-is-aging-the-imf-thinks-the-global-economy-could-still-benefit%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\/28\/the-world-population-is-aging-the-imf-thinks-the-global-economy-could-still-benefit\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1229.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103067\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/the-world-population-is-aging-the-imf-thinks-the-global-economy-could-still-benefit\/1229-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1229.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1229.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1229.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1229.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103066\" class=\"content-area-description single-story post-103066 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-economy tag-enterpriseam-uae tag-imf tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.d5b2c1b1-3669-4367-a171-71c968bf55b4.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A silver e<\/strong><strong>conomy<\/strong> <strong>is on the rise<\/strong>, shaped by a slowdown in worldwide population growth, a drop in fertility, and extended lifespans. The <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/1526.pdf\" style=\"\" rel=\"noopener\">IMF\u2019s 2025 World Economic Outlook (pdf)<\/a> outlines new economic prospects that healthier seniors can unlock as the global age structure shifts, despite challenges to labor supply and public finances.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>An aging world: <\/strong>Most economies are approaching or have crossed their \u201cdemographic turning point\u201d \u2014 where the working-age population begins to decline. By 2035, all advanced and major emerging economies will be on the other side of this shift, with most low-income countries following by 2070. By the end of the century, the worldwide average age is set to rise by 11 years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aging creeps in across the world\u2019s youngest regions too:<\/strong> While the biggest advanced economies and emerging markets in Europe and Asia have the largest share of older population, the younger Latin America, Africa, and the Middle East are also on track to see a steep rise in older people. The more fertility falls and lifespans extend, the smaller the window to reap demographic dividends \u2014 especially in low-income countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Healthier, not just older: <\/strong>Today\u2019s 70-year-olds match the cognitive sharpness of 53-year-olds in 2000, fueling longer careers, delayed retirements, and higher earnings. Better health has raised the chances of seniors participating in the labor force by 20 percentage points. However, challenges like outdated skills, pension limitations, and age discrimination persist for older age groups.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aging is expected to weigh down in growth: <\/strong>These global demographic shifts are set to slow economic growth and strain public finances over the long term. Overall output growth is expected to decline by 1.1 percentage points through 2050 and by 2 percentage points through 2100, compared to 2016\u20132018 levels. Output per capita growth is also projected to slow by 0.6 percentage points through 2050 and by 1.8 points by century\u2019s end.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Regional growth implications: <\/strong>Advanced economies like Japan face contraction risks due to aging, while the US and Canada maintain modest growth due to favorable demographics. China will see a sharp growth deceleration (down 2.7 percentage points in 2025-2050), while India, though initially insulated with a 0.7 point slowdown, will face increasing pressure post-2050.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND-<\/strong> These trends are expected to pressure interest rates downward and threaten debt sustainability. Aging populations save more, invest less, and strain pension and healthcare systems.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Balancing capital and labor: <\/strong>Global aging could also shift capital from older, high-savings nations to younger, capital-scarce ones. At the same time, younger workers might move to aging economies to fill workforce gaps, providing a potential balance in global labor markets and capital flows.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How can countries <\/strong><strong>adapt<\/strong><strong>?<\/strong> Promoting preventive healthcare and reducing risk factors can improve rates of healthy aging. Pension reform and adaptable workplaces, as well as bridging labor market gaps by addressing age, gender, and income disparities, would promote longer working lives. Economies could also boost fertility by supporting childcare and flexible work arrangements that balance career and family. Meanwhile, productivity could be increased by leveraging AI and biotechnology.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The \u201csilver\u201d lining: <\/strong>Measures like increasing senior participation rates, delaying retirement, and narrowing gender gaps could raise annual growth by up to 0.6 percentage points annually through 2050. This would offset almost 75% of the demographic drag during this period, with some countries in Europe and India could see even higher growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKETS THIS MORNING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are mixed this morning<\/strong>, as investors carefully weigh trade developments and new stimulus measures from China. Japan\u2019s Nikkei is up 0.8%, and Hang Seng (Hong Kong) is slightly up 0.1%, while Shanghai Composite is down 0.2%. <strong>Meanwhile, Wall Street futures are pointing to a lower opening <\/strong>ahead of a packed earnings week that has Amazon, Apple, Meta and Microsoft (among other heavyweights) on the docket.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,392<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.4% (YTD: -0.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,163<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.6% (YTD: -0.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">4,234<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: +1.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">11,756<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% (YTD: -2.3%)<\/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>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\">31,855<\/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\">+0.7% (YTD: +7.1%)<\/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>S&P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,525<\/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\">+0.7% (YTD: -6.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">8,415<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +3.0%)<\/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>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,154<\/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: +5.3%)<\/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 66.87<\/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-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 2.94<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.2%<\/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 3298.40<\/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\">-1.5%<\/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>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 94,401.20<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +0.9%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The DFM fell 0.6% last Friday <\/strong>on turnover of AED 436.8 mn. The index is down 0.1% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Al Salam Bank (+3.1%), Amanat Holdings (+2.9%) and Union Properties (+2.7%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Emirates Investment Bank (-9.5%), National General Ins. (-7.5%) and National Cement (-6.8%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the ADX<\/strong>, the index fell 0.4% on turnover of AED 1.5 bn. Meanwhile, Nasdaq Dubai was down 0.3%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CORPORATE ACTIONS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Edge<\/strong><strong> Group\u2019s naval arm<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/adsb.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi Ship Building<\/a><\/strong><strong>\u2019s board of directors<\/strong><strong> approved the distribution of AED 40.3 mn in dividends<\/strong> for 2024, according to a <a target=\"_blank\" href=\"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/4351632\" 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>PLUS- Two contracts approved:<\/strong> The board also approved two transactions, including Edge Commercial\u2019s execution of maintenance works for naval defense vessels for Kuwait for a total value of AED 495.25 mn, and Emirates Advanced Research & Technology Holding\u2019s construction of military naval vessels for Nigeria for USD 128.53 mn<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/invictusinvestment.ae\/\" style=\"\" rel=\"noopener\">Invictus Investment Company<\/a><\/strong><strong>\u2019s general assembly approved a dividend payout of<\/strong> <strong>AED 33 mn<\/strong> <strong>for 2024<\/strong>, equivalent to 2.95 fils per share, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/4\/1657.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/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\/economy\/\">Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/imf\/\">IMF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103068\" 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=\"103068\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/28\/uae-discusses-strengthening-economic-ties-with-malta-germany-and-belgium\/\">\r\n                            UAE discusses strengthening economic ties with Malta, Germany, and Belgium                        <\/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\/28\/uae-discusses-strengthening-economic-ties-with-malta-germany-and-belgium\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The talks focused on expanding bilateral trade cooperation in both the public and private sectors in key areas, including renewable energy, healthcare, digital economy, and tourism. The two sides also discussed collaboration on cybersecurity, judicial cooperation, and combating the financing of terrorism.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE<\/strong><strong>, Germany discuss economic ties: <\/strong>Foreign Trade Minister Thani bin Ahmed Al Zeyoudi met with Germany\u2019s North Rhine-Westphalia Minister-President Hendrik W\u00fcst on Friday to discuss boosting trade and investment cooperation, with a focus on technology, advanced manufacturing, and the green economy, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjcu34b-uae-germany-seeking-stronger-trade-ties\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The region in Germany contributes 20% of the country\u2019s total GDP.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sharjah <\/strong><strong>+ Belgium discuss cooperation:<\/strong> Sharjah and Belgium discussed expanding economic and investment cooperation during a Department of Government Relations in Sharjah-hosted dinner attended by diplomats, investors, and senior officials, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjcu2vo-sharjahs-department-government-relations-explores\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Major Belgian companies in infrastructure, energy, finance, technology, industry, and services took part in discussions on avenues for collaboration.<\/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\/uae-germany-relations\/\">UAE-Germany 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=\"103070\" 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\/28\/103070-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103070\" class=\"content-area-description single-story post-103070 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><span style=\"font-weight:700\">  <\/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>26 April-5 May<\/span><span> (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/adbookfair.com\/en\/adibf\" style=\"\">Abu Dhabi International Book Fair (ADIBF)<\/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>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:\/\/www.ifatca2025.com\/\" 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;\">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>30 April-2 May (Wednesday -Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bj82lsp-fujairah-international-conference-adventures\" style=\"\">Fujairah International Conference of Adventures Tourism<\/a><\/span><span style=\"font-weight:400;\">, Fujairah Adventures Centre<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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 style=\"font-weight:400;\">1 May (Thursday): The UAE-Iraq Business Forum, Dubai. <\/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>6-7 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.capitalmarketsummit.ae\/\" style=\"\">The Capital Market 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;\">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>9-10 May (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bniuaeexpo.com\/\" style=\"\">BNI UAE EXPO 2025<\/a><\/span><span style=\"font-weight:400;\">, at the JAFZA One Convention Centre, 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;\">12 May (Monday): EU regulators to make a decision on Adnoc\u2019s Covestro takeover. <\/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 style=\"font-weight:400;\">, Sheraton Dubai Creek Hotel & Towers, Dubai.<br \/><\/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>23 April (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bj82lsn-dubai-week-expands-agenda-with-global-events\" style=\"\">The HIMSS Executive Summit 2025<\/a><\/span><span style=\"font-weight:400;\">, Jumeirah Emirates Towers.<\/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>8-19 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldhealthexpo.com\/events\/healthcare\/tech\/en\/home.html\" style=\"\">WHX-Tech Expo<\/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>12-14 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>1-2 October (Thursday-Friday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wges.ae\/\" style=\"\">World Green Economy Summit (WGES)<\/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>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: UAE set to become the most active debt issuer among EMs this year<\/p>\n","protected":false},"featured_media":103043,"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-103042","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"5049b943-2126-4ad7-9b6b-080768da94e0","teaser":"Plus: UAE set to become 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