{"id":103480,"date":"2025-05-09T00:00:00","date_gmt":"2025-05-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=103480"},"modified":"2025-12-15T03:42:39","modified_gmt":"2025-12-15T03:42:39","slug":"1q-earnings-from-emaar-emirates-adnoc-drilling-and-more","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/1q-earnings-from-emaar-emirates-adnoc-drilling-and-more\/","title":{"rendered":"1Q earnings from Emaar, Emirates, Adnoc Drilling, and more"},"content":{"rendered":"<section id=\"103482\" 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=\"103482\">\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\/05\/09\/this-morning-us-looks-to-fast-track-foreign-investments-including-from-the-gulf-new-planned-hospitals-in-dubai\/\">\r\n                            THIS MORNING: US looks to fast-track foreign investments, including from the Gulf + New planned hospitals in Dubai                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/this-morning-us-looks-to-fast-track-foreign-investments-including-from-the-gulf-new-planned-hospitals-in-dubai\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Today, we have earnings from Emirates, Adnoc Drilling, and Emaar, as well as updates on Mubadala\u2019s financials and investments last year. Let\u2019s dive in. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>WEATHER<\/strong><strong>- Expect warm and stable conditions across the <\/strong><strong>country through Monday<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/622.pdf\" style=\"\" rel=\"noopener\">National Center of Meteorology (pdf)<\/a> and our favourite weather app. <strong>Dubai <\/strong>will see daytime highs of 37\u00b0C and overnight lows of 26\u00b0C today, while <strong>Abu Dhabi<\/strong> will see a milder 30\u00b0C high and lows of around 26\u00b0C.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>#1- The US is planning to develop a fast-track process for screening foreign <\/strong><strong>investments <\/strong>in a move that would help ease UAE investments in the country, according to a Treasury Department <a target=\"_blank\" href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sb0136\" style=\"\" rel=\"noopener\">statement<\/a>. The UAE, Saudi Arabia, and Qatar are in discussions to be included in the initiative, sources in the know told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-08\/trump-officials-weigh-fast-tracking-deals-with-gulf-wealth-funds?srnd=homepage-middle-east&amp;embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. The initiative would see the US gather information on investors on a portal ahead of investment agreements. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The UAE pledged USD 1.4 tn in investments in US tech and energy sectors over the next decade. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Adnoc\u2019s new investment arm XRG is set to soon start deploying capital - including in the US - after fine-tuning its internal strategy in the coming weeks<\/strong>, according to people familiar with the matter. XRG is already engaging with leading investment banks eager to bring in acquisition business amid a looming tariff-induced Wall Street slowdown, the business news information service said. The specific financial details of XRG\u2019s upcoming investment ambitions remain under wraps.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2- Dubai plans to add three new hospitals and 33 primary healthcare centers and <\/strong><strong>several centers of excellence by 2033 <\/strong>as part of a new policy aimed at expanding access to quality healthcare, state news agency Wam reports. The new facilities will be developed through public-private partnerships and will target newly developed residential areas including Al Yalayis, Al Awir, Hind City, Nad Al Sheba, Al Lisaili, and Lehbab.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- A new Smart Buildings Policy aims to reduce power consumption in buildings by 25%, water use by 15%, and operational costs by 20%<\/strong>, Wam said. <\/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- Adio eyes more US startups for HELM: <\/strong>The Abu Dhabi Investment Office plans to expand operations in San Francisco as it looks to bring more health startups and scale-ups to Abu Dhabi\u2019s Health, Endurance, Longevity and Medicine (HELM) cluster, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/abu-dhabi-investment-office-to-expand-san-francisco-office-to-attract-further-us-investment-into-the-emirates-health-sector\/\" style=\"\" rel=\"noopener\">statement<\/a>. The goal? To attract AED 42 bn of investment by 2045 and create 30k jobs<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>#4- The Guinean government is looking to revoke Emirates Global Aluminum\u2019s <\/strong><strong>mining license <\/strong>due to what it says is a failure to deliver on its commitment to develop an alumina refinery in the country, Reuters reports, citing sources it says are in the know. The sources said the move came after the government sent reminders of its commitments and received no response. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EGA says it is working with the government to find a resolution<\/strong>, Reuters quotes the company as saying. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What alumina refinery? <\/strong>EGA subsidiary Guinea Alumina Company (GAC) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2d36ebe4-aca5-499f-9ee0-9e14b8e0f2f0\/emirates-global-aluminium-inks-agreements-for-alumina-refinery-in-guinea\" style=\"\" rel=\"noopener\">agreed to set up an alumina refinery<\/a> with an initial annual capacity of 1 mn tonnes in Guinea, after inking a term sheet with the Guinean government for construction in June 2024. The statement did not disclose the investment ticket for the refinery, though a mines ministry official told Reuters some USD 4 bn is expected to be invested in the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The dispute started in October 2024, when the Guinean government <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/de9093fd-f39f-4a66-8ba9-e582e714efd5\/mubadala-backed-ega-warns-of-aluminum-price-volatility-amid-tariffs-%2B-sanad-posts-strong-2024-revenues\" style=\"\" rel=\"noopener\">suspended bauxite exports<\/a> from EGA\u2019s existing facilities, forcing the company to declare force majeure and putting hundreds of employees on furlough, sources reportedly told Reuters. <\/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- Dubai will award more tenders for its new passenger terminal at Al Maktoum <\/strong><strong>International Airport<\/strong><strong> later this year<\/strong>, Dubai Aviation Engineering Projects Executive Chairman Khalifa Al Zaffin told <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/aviation\/dubais-new-airport-dwc-passenger-terminal-project-to-create-jobs-housing-for-1-million-people-1.500120179\" style=\"\" rel=\"noopener\">Gulf News<\/a>. The terminal substructure and district cooling plants will be the next packages to be tendered later this year. Some AED 1 bn in contracts have been awarded for the construction of the first phase of the Dubai South airport project, which includes the development of a second runway, he said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9f47e051-fbaf-4d95-aa2a-9ac46f2506f5\" style=\"\" rel=\"noopener\">design plan for the USD 35 bn<\/a> new passenger terminal at Al Maktoum International Airport received the green light nearly a year ago. The first phase is scheduled to be completed by 2032 and is forecasted to boost capacity to nearly 150 mn passengers per year. Full completion is expected sometime in the early 2030s and is expected to increase capacity to 260 mn passengers and 12 tons of cargo annually. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Al Maktoum International Airport \u2014 also known as Dubai World Central \u2014 will become the main hub for Emirates, Flydubai, and other airline partners. The country\u2019s flagship carrier has been pushing for the expansion of the airport to support its growth plans and fleet expansion.<\/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 UAE\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6ab9c852-fa8c-41fd-b15a-3fe31bb81f90\/this-morning:-eu-antitrust-regulators-set-to-give-their-ok-to-adnoc-for-covestro-takeover-%2B-fed-likely-to-keep-rates-unchanged-at-meeting-today\" style=\"\" rel=\"noopener\">re<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6ab9c852-fa8c-41fd-b15a-3fe31bb81f90\/this-morning:-eu-antitrust-regulators-set-to-give-their-ok-to-adnoc-for-covestro-takeover-%2B-fed-likely-to-keep-rates-unchanged-at-meeting-today\" style=\"\" rel=\"noopener\">cently approved<\/a><\/strong><strong> Strategy for Islamic Finance and Halal Industry is<\/strong> <strong>expected to help the industry expand in the short-to-medium term<\/strong>, boosted by \u201csignificant bottom-up and top-down demand and regulatory initiatives,\u201d <a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/islamic-finance\/the-uaes-islamic-finance-halal-strategy-could-boost-industry-08-05-2025#:~:text=Fitch%20rates%20five%20investment%2Dgrade,PLC%3B%20BB%2D%2FStable\" style=\"\" rel=\"noopener\">Fitch Ratings<\/a> said. The global ratings agency expects the move to further deepen the Islamic finance ecosystem and infrastructure in the gulf country. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Earlier this week, the cabinet approved a six-year strategy that looks to more than double the UAE Islamic banking assets AED 2.6 tn, up from from AED 986 bn, local sukuk issuances to AED 660 bn, and international sukuk listed in the UAE to AED 395 bn. Fitch pegs the size of the UAE\u2019s Islamic finance industry at over USD 285 bn by the end of the first quarter of 2025, according to the report.<\/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>#7- <\/strong><strong>Em<\/strong><strong>steel to tap the market for green debt under new framework:<\/strong> ADX-listed building materials manufacturer <a target=\"_blank\" href=\"https:\/\/www.emsteel.com\/\" style=\"\" rel=\"noopener\">Emsteel<\/a> rolled out its maiden green finance framework, according to <a target=\"_blank\" href=\"https:\/\/www.emsteel.com\/emsteel-launches-green-finance-framework-to-accelerate-sustainable-growth-and-advance-net-zero-ambitions\/\" style=\"\" rel=\"noopener\">a press release<\/a>. The program will see it raise domestic and FCY-denominated capital through green bonds, commercial notes, and other ESG-linked instruments, the statement reads. Proceeds will be earmarked to finance and\/or refinance eligible green projects, the statement said, adding that Moody\u2019s assigned the framework a \u201cVery Good\u201d sustainability score. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>ING and First Abu Dhabi Bank acted as sustainability structuring bank banks, with ING in the lead.<\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>UAE<\/strong><strong> has been named MENA\u2019s best country to live in<\/strong>, securing the 15th spot globally in the <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/684.pdf\" style=\"\" rel=\"noopener\">UN Human Development 2025 report\u2019s ranking (pdf)<\/a>. The Emirates surpassed countries including Canada, New Zealand, the US, and Japan. The index evaluates countries based on health, education, and living standards.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Emirates also ranked third globally for AI talent inflows<\/strong>, behind only Luxembourg and Switzerland.<\/p>\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Fill <\/strong><strong>your car up with crypto: <\/strong>Emirates Petroleum Company (<a target=\"_blank\" href=\"https:\/\/www.emarat.ae\/\" style=\"\" rel=\"noopener\">Emarat<\/a>) will be the first in MENA to offer cryptocurrency payment options at its fuel stations in partnership with <a target=\"_blank\" href=\"http:\/\/crypto.com\" style=\"\" rel=\"noopener\">Crypto.com<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/crypto.com\/en\/company-news\/emarat-and-cryptocom-sign-mou-to-launch-first-crypto-integration-at-emarat-service-stations\" style=\"\" rel=\"noopener\">press release<\/a>. Starting with 10 stations, the service will gradually expand across Emarat\u2019s network. The partnership is pending regulatory approval. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- The Al Ameen station on Al Wasl road in Dubai will be renamed Crypto.com Emarat service station<\/strong> \u2014 a global first for fuel station naming rights.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Salik\u2019s e-wallet can soon pay for your fuel at Enoc: <\/strong>Salik has partnered with Enoc group to introduce integrated payment services at Enoc\u2019s service stations, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/689.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The collaboration will allow users to make payments using Salik\u2019s e-wallet system, facilitated by automatic number plate recognition technology. The new system will initially roll out in select locations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Emirates <\/strong><strong>has suspended all flights between the UAE and Pakistan until Satu<\/strong><strong>rday tomorrow<\/strong> due to \u201congoing uncertainty surrounding access to the country\u2019s airspace and airports\u201d the airline said in a <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/pk\/english\/help\/travel-updates\/\" style=\"\" rel=\"noopener\">travel update<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Etihad Airways also cancelled all flights to and from Pakistan<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.etihad.com\/en\/manage\/flight-status#accordion-1c3238d0ea-item-ce8ad853ca:~:text=Due%20to%20the%20continued%20closure%20of%20Pakistani%20airspace%2C%20all%C2%A0Etihad%20Airways%20flights%20to%20and%20from%20Pakistan%20on%208%20and%209%20May%C2%A0have%20been%C2%A0cancelled.\" style=\"\" rel=\"noopener\">travel alert<\/a> on their website. The airline said it is monitoring the evolving situation, which is subject to further change.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Flydubai partially operational: <\/strong>Flydubai said select flights to Faisalabad, Multan, and Sialkot operated yesterday, but all other flights to Pakistani cities, including Karachi, Lahore, and Quetta, were cancelled for yesterday and today, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/news\/uae\/2025\/05\/08\/uae-flights-india-and-pakistan-war-strikes\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. The airline continues to monitor developments and adjust its schedule accordingly.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> UAE airlines have suspended or rerouted flights to India and Pakistan over the past few days due to escalating violence between the two countries. <\/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>An Abu Dhabi Department of Economic Development (ADDED) <\/strong><strong>delegation of senior officials and business leaders <\/strong>is wrapping up a visit to Japan, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/abu-dhabi-department-of-economic-development-leads-delegation-of-senior-officials-to-japan-to-advance-investment-ties\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The five-day visit aimed to explore possibilities for more investment cooperation, and expand trade and industrial ties, as well as cooperation in clean energy, hydrogen, AI, life sciences, and next-generation technologies. A trade and economic partnership agreement between the two sides is expected to be finalized later this year.<\/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>Two big stories are dominating headlines this morning: <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The Roman Catholic Church just elected its first American pope<\/strong>, Pope Robert Francis Prevost (who will be known as Pope Leo), breaking what has been viewed as a long-standing taboo against tapping leaders from a big world power with influence in global affairs. (<a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/05\/08\/world\/pope-conclave-news\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/new-pope-elected-white-smoke-vatican-f9a52ef5?mod=WSJ_home_mediumtopper_pos_1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/09835f74-45ca-4064-b16c-4cb801acee55\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/live\/2025\/may\/08\/new-pope-conclave-vatican-white-black-smoke-papacy-catholic-cardinals\" style=\"\" rel=\"noopener\">Guardian<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The US and the UK sealed a trade agreement<\/strong>, exempting the country from tariffs on steel and car exports but preserving the flat 10% reciprocal tariff applying to most goods. The agreement marks the first since the tariffs were announced, with many looking out for a similar one with China, for which talks could be starting soon. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e9d311f3-ce7d-4f72-8a46-a84b1181ff33\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/us-britain-expected-announce-tariff-deal-thursday-2025-05-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/politics\/2025\/may\/08\/cars-steel-and-hormone-fed-beef-the-key-points-of-the-ukus-trade-deal\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/05\/08\/us\/trump-uk-trade-news\" style=\"\" rel=\"noopener\">NYT<\/a>) <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq.<span style=\"background-color: transparent;\">&nbsp;<\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" rel=\"noopener\">Tap or click here<\/a><span style=\"background-color: transparent;\"> to get your own copy of EnterpriseAM UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p class=\"tag-border-left\"> MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>OPEC oil output dips in April despite planned hike: <\/strong>Opec+ crude output dipped by 30k barrels a day (bbl \/ d) m-o-m to 26.6 mn bbl \/ d in April, according to a <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-april-oil-output-edges-lower-despite-plans-hike-survey-finds-2025-05-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> survey, as a sharp drop in Venezuelan exports and smaller declines in Iraq and Libya offset gains from Iran. This came despite the group\u2019s long-awaited <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e4df2ed4-1449-414b-b848-1c2042665207\/this-morning:-g42-eyes-tens-of-bns-of-investments-in-the-us-%2B-ai-classes-coming-to-uae-schools-next-year\" style=\"\" rel=\"noopener\">output hike<\/a> that saw Opec+ begin rolling back cuts last month. The group is also set to increase hikes in the coming months, citing healthy market fundamentals, despite weak oil prices.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE output steady:<\/strong> There was little change in production from the UAE, Saudi Arabia, and Kuwait, despite higher April quotas. While official data shows UAE and Iraq are pumping near target levels, International Energy Agency estimates suggest actual output may be higher, Reuters said.<\/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\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/crypto\/\">CRYPTO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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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=\"103485\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/mubadalas-assets-grew-9-in-2024-amid-private-credit-push\/\">\r\n                            Mubadala\u2019s assets grew 9% in 2024 amid private credit push                        <\/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\" 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               <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/mubadalas-assets-grew-9-in-2024-amid-private-credit-push\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1978.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103486\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/mubadalas-assets-grew-9-in-2024-amid-private-credit-push\/1978-jpg-47\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1978.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1978.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1978.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1978.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103485\" class=\"content-area-description single-story post-103485 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-investment tag-investment-watch tag-mubadala 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\/5\/.686ffdbf-39d6-4cbb-ba48-47f68d0912f1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Mub<\/strong><strong>adala\u2019s assets under management rose 9.1% y-o-y to AED 1.2 tn in <\/strong><strong>2024<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/annual2024.mubadala.com\/\" style=\"\" rel=\"noopener\">annual review<\/a>. The fund generated AED 109 bn in proceeds, marking a 10.1% y-o-y increase. Mubadala attributed the performance to its \u201cprudent strategy, strong internal capabilities, and robust corporate governance,\u201d according to its <a target=\"_blank\" href=\"https:\/\/annual2024.mubadala.com\/2024-financial-performance\" style=\"\" rel=\"noopener\">financial overview<\/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;\">The breakdown: <\/strong><span style=\"background-color: transparent;\">Its portfolio allocation included 40% in private equ<\/span><font face=\"Arial\" style=\"background-color: transparent;\">ity, 23%<\/font><span style=\"background-color: transparent;\"> in public markets, 17% in real estate and infrastructure, 15% in alternatives, and 5% in credit. Mubadala Investment was the <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7707781d-df5e-47ad-b031-2ee642838aef\/abu-dhabi%25e2%2580%2599s%253cmark%253e-mubadala%253c%2Fmark%253e-was-the-world%25e2%2580%2599s-biggest-spending-swf-in-2024\" rel=\"noopener\">most active sovereign wealth fund (SWF) investor<\/a><span style=\"background-color: transparent;\"> in 2024, deploying USD 29.2 bn across 52 transactions.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fund recorded a five-year rate of return of 10.1%<\/strong>, Chief Financial Officer Carlos Obeid <a target=\"_blank\" href=\"https:\/\/annual2024.mubadala.com\/en\/2024-financial-performance\/carlos-obeid\" style=\"\" rel=\"noopener\">said<\/a>. This marks a slight decrease from a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2b00c406-71b0-4bcc-b5ef-44e569c4c2cb\/%253cmark%253emubadala%253c%2Fmark%253e-reaches-aed-1.1-tn-in-assets-under-management-%2B-takaful-emarat-posts-1q-results\" style=\"\" rel=\"noopener\">10.3% return<\/a> in 2023. The fund also raised AED 30.5 bn in debt through various capital market instruments. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Capital deployment surged 33.7% y-o-y to AED 119 bn<\/strong>, placing Mubadala in the top performance quartile across five- and ten-year periods, Managing Director Khalifa Al Mubarak <a target=\"_blank\" href=\"https:\/\/annual2024.mubadala.com\/en\/our-leadership\/board-of-directors\/his-excellency-khaldoon-khalifa-al-mubarak\" style=\"\" rel=\"noopener\">said<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mubadala\u2019s private credit portfolio grew to USD 20 bn last year,<\/strong> emerging as its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7ffa5c35-3774-4135-ab0b-31ee97a871fc\/private-credit-emerges-as%253cmark%253e-mubadala%253c%2Fmark%253e%25e2%2580%2599s-top-performing-asset-over-the-past-three-years\" style=\"\" rel=\"noopener\">top performing<\/a> asset class for the third consecutive year. It invested <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ed8f68f6-bcb1-4dd6-a383-2fc73af1569d\/this-morning:-taqa-revives-talks-for-a-stake-in-spanish-gas-producer-and-renewables-firm-naturgy--report-%2B-global-energy-demand-grew-2.2%2525-in-2024\" style=\"\" rel=\"noopener\">over USD 5 bn<\/a> in private credit partnerships with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0c1d0615-1443-4994-8552-30b8a447b4dc\/mubadala-and-apollo-expand-multi-bn-partnership-for-the-second-time\" style=\"\" rel=\"noopener\">Apollo<\/a>, Ares, and Blackstone and launched a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/42cb5948-afc5-4bb0-b1cf-4b5305d243ac\" style=\"\" rel=\"noopener\">USD 1 bn partnership with Goldman Sachs<\/a> as well as a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d6da55df-6734-4eae-9068-baaf08af4819\" style=\"\" rel=\"noopener\">USD 2.5 bn JV with Alpha Dhabi<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead, Mubadala is taking a more <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3de15362-5f00-4564-916d-4057fa57c558\/this-morning:%253cmark%253e-mubadala%253c%2Fmark%253e-is-re-assessing-its-investment-strategy-amid-trade-tensions,-ceo-says-%2B-tourism-is-off-to-a-strong-start-this-year\" style=\"\" rel=\"noopener\">cautious approach<\/a><\/strong><strong> to global investments <\/strong>amid escalating US-driven trade tensions, particularly those driven by US policy. Investment decisions will now follow a slower, merit-based review process as assumptions are re-evaluated. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite the cautious tone, Mubadala has remained active in early 2025<\/strong>, committing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6e86a56d-1ae3-4ca0-8f86-31f725993e65\/%253cmark%253emubadala%253c%2Fmark%253e-doubles-down-on-private-credit-with-usd-1-bn-fortress-tie-up\" style=\"\" rel=\"noopener\">USD 1 bn<\/a> to a partnership with Fortress Investment Group, anchoring a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dcb92a30-02a8-45a6-820b-e762cdaeddaa\/b%25e2%2580%2599naire-led-pe-firm-twg-global-takes-stake-in%253cmark%253e-mubadala%253c%2Fmark%253e-capital-in-return-for-multi-bn-usd-investment\" style=\"\" rel=\"noopener\">USD 10 bn<\/a> investment in TWG, acquiring a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/29563f67-cda4-434a-9ed0-ae5dfafe0ee9\/%253cmark%253emubadala%253c%2Fmark%253e-energy-enters-us-market-with-acquisition-of-stake-in-sotex\" style=\"\" rel=\"noopener\">24.1% stake<\/a> in SoTex Holdco, investing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0cf65827-de53-4ddb-8e40-4b2a4ac021d0\/adia,%253cmark%253e-mubadala%253c%2Fmark%253e-boost-investments-in-private-credit-abroad\" style=\"\" rel=\"noopener\">USD 215 mn<\/a> in 3650 Capital, and acquiring a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6f72b08d-5373-4227-88a6-853fa1887716\/%253cmark%253emubadala%253c%2Fmark%253e-backs-europe%25e2%2580%2599s-apleona\" style=\"\" rel=\"noopener\">minority stake<\/a> in Apleona.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mubadala\/\">Mubadala<\/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=\"103487\" 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=\"103487\">\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\">CAPITAL MARKETS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/dfm-rolls-out-centralized-securities-lending-program\/\">\r\n                            DFM rolls out centralized securities lending program                        <\/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\/05\/09\/dfm-rolls-out-centralized-securities-lending-program\/\" 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\/05\/09\/dfm-rolls-out-centralized-securities-lending-program\/')\">\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\/05\/09\/dfm-rolls-out-centralized-securities-lending-program\/\">\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=DFM rolls out centralized securities lending program&url=https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/dfm-rolls-out-centralized-securities-lending-program\/\">\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\/05\/09\/dfm-rolls-out-centralized-securities-lending-program\/&title=DFM rolls out centralized securities lending program\">\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=DFM+rolls+out+centralized+securities+lending+program+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F05%2F09%2Fdfm-rolls-out-centralized-securities-lending-program%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\/05\/09\/dfm-rolls-out-centralized-securities-lending-program\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1540.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103488\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/dfm-rolls-out-centralized-securities-lending-program\/1540-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1540.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1540.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1540.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1540.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103487\" class=\"content-area-description single-story post-103487 post type-post status-publish format-standard has-post-thumbnail hentry category-capital-markets tag-capital-markets tag-dfm tag-dubai-financial-market 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\/5\/.4e8dbcee-bb58-4142-9712-7cfafce4778c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Dub<\/strong><strong>ai Financial Market (DFM) rolled out a centralized securities lending <\/strong><strong>and borrowing <\/strong><strong>(SLB) program<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/623.pdf\" style=\"\" rel=\"noopener\">a press release (pdf)<\/a>. The program replaces an older system which saw transactions take place bilaterally between participating institutions including clients, borrowers, lending agents, and brokerage firms. <\/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 program will initially be limited to institutional investors<\/strong><span style=\"background-color: transparent;\">, before expanding to retail demand at a later stage. SLB will be operated by Dubai Clear, the bourse\u2019s wholly-owned central counterparty.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it works: <\/strong>The new system enables investors to lend eligible securities, while borrowers including hedge funds and market makers use them for trading and liquidity strategies. Transactions are matched centrally and settled anonymously through Dubai Clear as the central counterparty, with the implementation of risk controls including margining and collateral management to minimize counterparty and operational risks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale:<\/strong> The move aims to help broaden DFM\u2019s investor base and ramp up market liquidity, while aligning with international best practices, said Hamed Ali, CEO of DFM and Nasdaq Dubai. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Last year, xCube launched the country\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fb1668d3-4ae8-480d-b409-1341bd2f8f02\/ad-ports-and-adnoc-distribution-partner-to-ship-marine-lubricants-globally\" style=\"\" rel=\"noopener\">first fully automated SLB service<\/a> for retail investors here at home. The platform enables retail investors on the DFM to access their stocks, hedge their portfolios and lend their securities to other investors in exchange for a fee. Investment banks and brokerages including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/201f5530-8c32-4d50-adde-27ab7cf46d89\/mashreq-provides-instant-payments-for-multibank%25e2%2580%2599s-corporate-clients\" style=\"\" rel=\"noopener\">Arqaam Capital<\/a> offer similar services on the ADX. <\/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\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dfm\/\">DFM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-financial-market\/\">Dubai Financial Market<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103489 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=\"103489\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/103489-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103489\" class=\"content-area-description single-story post-103489 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=\"103490\" 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=\"103490\">\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\/05\/09\/sobha-realty-inches-closer-to-issuing-usd-denominated-sukuk\/\">\r\n                            Sobha Realty inches closer to issuing USD-denominated sukuk                        <\/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\/05\/09\/sobha-realty-inches-closer-to-issuing-usd-denominated-sukuk\/\" 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 Reg S compliant benchmark offering falls under the firm\u2019s USD 1.5 bn trust certificate issuance program <a target=\"_blank\" href=\"https:\/\/disclosure.spglobal.com\/ratings\/en\/regulatory\/article\/-\/view\/sourceId\/13481152\" style=\"\" rel=\"noopener\">rated BB by S&amp;P<\/a>. There\u2019s no word yet on the size of the issuance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">ICYMI- <\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-18\/dubai-real-estate-sobha-omniyat-said-to-explore-islamic-bonds\" rel=\"noopener\">Bloomberg<\/a><span style=\"background-color: transparent;\"> reported <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/394451d2-3c0d-4309-a438-1fe0ee9d2587\/this-morning:-kkr,-investcorp,-and-i-squared-join-bidding-war-for-pal-cooling-%2B%253cmark%253e-sobha%253c%2Fmark%253e,-omniyat-eye-sukuk\" rel=\"noopener\">earlier last month<\/a><span style=\"background-color: transparent;\"> that proceeds from the debt issuance will be used to fund land acquisitions.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meet the banks:<\/strong> Our friends at Mashreq are acting as lead managers and bookrunners on the transaction, along with Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Arqaam Capital, Dubai Islamic Bank, Emirates NBD Capital, JP Morgan, Rakbank, Sharjah Islamic Bank, Standard Chartered Bank and Warba Bank.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- Emirati real estate players are loading up on Islamic FCY debt. <\/strong>Just last month, Dubai-based luxury developer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/505f6fe0-1f6e-4d4d-802b-1ab984196acb\/uae-issuers-are-rushing-into-debt-markets-as-investors-remain-bullish-on-the-uae-amid-tariff-headwinds\" style=\"\" rel=\"noopener\">Omniyat<\/a> closed its maiden USD 500 mn green sukuk issuance. Meanwhile, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/41d53ff1-978d-4a86-be0c-c16b146bbf97\/%253cmark%253ealdar%253c%2Fmark%253e%25e2%2580%2599s-usd-500-mn-green-sukuk-was-7.2x-oversubscribed\" style=\"\" rel=\"noopener\">Aldar Investment Properties<\/a> tapped global markets with a USD 500 mn 10-year green sukuk back in March, while <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ae808fa0-ca07-40ad-aa05-6284a6fc177c\/%253cmark%253edamac%253c%2Fmark%253e-prices-usd-750-mn-sukuk-amid-strong-demand\" style=\"\" rel=\"noopener\">Damac<\/a> returned in February with its first benchmark issuance in a year and a half \u2014 a USD 750 mn 3.5-year sukuk.<\/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\/sobha-realty\/\">Sobha Realty<\/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=\"103492\" 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=\"103492\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/earnings-updates-keep-coming\/\">\r\n                            More names report 1Q results                        <\/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\/05\/09\/earnings-updates-keep-coming\/\" 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 group\u2019s topline climbed 5.9% y-o-y to AED 145.4 bn in the same period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Flag carrier Emirates saw its bottom line<\/strong><span style=\"background-color: transparent;\"> <\/span><strong style=\"background-color: transparent;\">after tax grow 10.6% y-o-y to AED 19.1 bn<\/strong><strong style=\"background-color: transparent;\">, <\/strong><span style=\"background-color: transparent;\">on the back of surging demand for cargo services and travel in several markets as well as slimmer fuel costs. The carrier\u2019s topline increased 5.5% y-o-y reaching AED 128 bn during the same period.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Record breaking results:<\/strong> Emirates secured its ranking as the world\u2019s top earning airline globally in the FY 2024-2025. \u201cWe are the world's most profitable aviation group, and Emirates is the world's most profitable airline in the 2024-25,\u201d CEO Ahmed bin Saeed Al Maktoum said in the annual report. The UAE firm overtook the position from US carrier <a target=\"_blank\" href=\"https:\/\/onemileatatime.com\/news\/emirates-most-profitable-airline-overtakes-delta\/\" style=\"\" rel=\"noopener\">Delta Airlines<\/a>, which dominated the leaderboard last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dnata posted mixed results:<\/strong> Air services subsidiary Dnata saw its net income after tax drop 1.8% y-o-y to AED 1.4 bn, while revenues surged 9.8% y-o-y to AED 21.1 bn. Management attributed the topline growth to strong demand for travel and cargo transportation, particularly in the US, UK, Australia, Europe, and the UAE, according to its <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-group-achieves-record-profit-of-aed-227-bn-us-62-bn-in-2024-25\/\" style=\"\" rel=\"noopener\">earnings release<\/a>. Airport operations remains the subsidiary\u2019s largest division, contributing AED 9.9 bn to revenue \u2014 a 12% y-o-y jump.<\/p>\n<p class=\"tag-border-left\">EMAAR PROPERTIES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Real estate developer Emaar Properties reported a 23.5% y-o-y increase in <\/strong><strong>net <\/strong><strong>income <\/strong>to AED 4.6 bn in 1Q 2025, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/690.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Revenues were also up by 50.2% to AED 10.1 bn, fuelled by some AED 6.9 bn brought in through its property development business, and bolstered by an improvement in lease rental renewals, strong occupancy rates, and a growth in tenant sales.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emaar <\/strong><strong>Development\u2019s net income rose 39.1% y-o-y to AED 2.4 bn in 1Q 2025<\/strong>, driven by strong project execution and continued demand across its master plans, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/616.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>The developer saw its sales increase 42% y-o-y to AED 19.3 bn<\/strong>, bringing its total backlog to AED 127 bn by the end of the quarter, a 62% jump compared to the same period a year earlier, and indicating strong revenue growth going forward. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMINDER- In real estate, sales \u2260 revenues<\/strong>. Sales are recorded at contract signing, but revenue is only recognized as units are delivered or reach key construction milestones, meaning current revenues largely reflect past sales.<\/p>\n<p class=\"tag-border-left\">ADNOC DRILLING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc <\/strong><strong>Drilling\u2019s net income rose 24.2% y-o-y to USD 340.9 mn in 1Q 2025<\/strong>, and revenues jumped 32.1% to USD 1.2 bn, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/615.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Growth was led by a 134% y-o-y surge in oilfield service revenues to USD 342 mn, driven by expanded unconventional operations and stronger integrated drilling services (IDS) activity, the company said in a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/614.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Onshore revenue climbed 20% y-o-y to USD 494 mn, while offshore (jack-up and island) revenue rose 2% to USD 334 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead: <\/strong>The company reaffirmed full-year guidance, targeting USD 4.6-4.8 bn in revenue and USD 1.4-1.5 bn in net income, backed by a robust pipeline and recent awards \u2014 including a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4c37ec4d-ea08-438b-a072-23fbb5684a39\/drill,-baby,-drill%25e2%2580%25a6\" style=\"\" rel=\"noopener\">USD 1.6 bn<\/a> IDS contract and an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b9c30c6b-eab4-4406-b5da-3dce8204ebcb\/adnoc-drilling-snatches-up%253cmark%253e-usd-806-mn%253c%2Fmark%253e-long-term-contracts-for-three-newbuild-island-rigs\" style=\"\" rel=\"noopener\">USD 806 mn<\/a> long-term island rig award from Adnoc Offshore. Adnoc Drilling expects to operate more than 151 rigs by 2028 and reach USD 5 bn in revenue in FY 2026, with margins also supported by its conventional business and AI-driven JV platforms <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8b537867-3b34-4807-ae3b-b248cdbf8b39\/adnoc-drilling-sets-up-jv-after-bagging-usd-1.7-bn-contract-%2B-reports-1q-2024-earnings\" style=\"\" rel=\"noopener\">Turnwell<\/a> and <a target=\"_blank\" href=\"https:\/\/alphadhabi.com\/news\/adnoc-drilling-and-alpha-dhabi-to-establish-strategic-partnership\/\" style=\"\" rel=\"noopener\">Enersol<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- The company has earmarked USD 350 mn for a<\/strong><strong>cquisitions through its JV with <\/strong><strong>Alpha Dhabi, Enersol, in 2H 2025<\/strong>, which will focus on AI and tech firms in the oilfield services sector in the US, CFO Youssef Salem told EnterpriseAM UAE. This is part of USD 1 bn in planned capital expenditure for inorganic growth, which will include some USD 150 mn in acquisitions of rigs overseas in Kuwait and Oman, and another USD 500 for rigs and equipment inside the UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The board approved a shift to quarterly distributions<\/strong>, beginning with a USD 217 mn payout, equivalent to 5 fils per share, in May.<\/p>\n<p class=\"tag-border-left\">PRESIGHT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Presight sees revenues jump and bottomline grow: <\/strong>Data analytics firm Presight reported a 25.1% y-o-y increase in net income after tax to AED 120 mn in 1Q 2025, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/501.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. On a like-for-like 9% tax basis, net income rose 33.6% y-o-y, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/499.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>Revenues more than doubled, jumping 115.1% y-o-y to AED 563.9 mn<\/strong>, driven by a five-fold increase in international sales to AED 127 mn and continued growth in multi-year government and enterprise contracts, which made up 98.8% of total revenue. Presight expects 35-40% of annual revenues by the end of this year to come from its international operations, CFO Ram Meyoor told EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The robust results came from the \u201csignificant momentum from 4Q 2024 that we accelerated in 1Q 2025,\u201d<\/strong> Ram Meyoor said. Presight booked AED 1.4 bn in new orders during the quarter, pushing its backlog to AED 3.9 bn. Key wins included a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4cfcf804-1cbb-4187-a237-f546fb91c1fd\/ihc%25e2%2580%2599s-2pointzero-acquires-ehc-stake\" style=\"\" rel=\"noopener\">USD 190 mn<\/a> smart city contract in Kazakhstan and a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b05c8c07-35ad-4c88-9cf2-8876e94df9a4\/adnoc-taps%253cmark%253e-aiq%253c%2Fmark%253e-for-usd-340-mn-agentic-ai-deployment\" style=\"\" rel=\"noopener\">USD 340 mn<\/a> ENERGYai agreement via its AI joint venture with Adnoc. The company also launched two new AI platforms \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/35f38824-fba4-4262-9730-fb2a61c739fa\/mashreq-to-launch-neo-corp-in-egypt\" style=\"\" rel=\"noopener\">Synergy<\/a> and LifeSaver.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Going forward<\/strong>, the firm\u2019s focus will continue to be on the Global South, Meyoor said, since it represents 40% of the global workforce and almost one third of the GDP of the world.\u201d Africa, Southeast Asia and South America were particular regions of focus, he said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sectors in focus: <\/strong>International expansion through more business to government partnerships is still attractive for the firm, eyeing potential with state-owned oil enterprises and more contracts in smart city solutions, while the financial services sector also remains a key focus.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In good stead:<\/strong> Currently Presight\u2019s balance sheet is debt-free, something Meyoor said gave the firm a high degree of flexibility going forward in terms of expansion \u2014 bolstered by its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/abbc1f14-5bca-49bd-b461-cac5ea742137\/event-report:-day-two-of-gitex\" style=\"\" rel=\"noopener\">AI accelerator program<\/a> giving it access to new startups and emerging technologies.<\/p>\n<p class=\"tag-border-left\">DUBAI TAXI- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai<\/strong> <strong>Taxi\u2019s net income dipped 22.6% y-o-y in 1Q 2025<\/strong> <strong>to AED 83.6 mn<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/644.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The drop was attributed to higher promotional expenses related to Dubai Taxi\u2019s partnership with Bolt, which was signed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/95f3dd98-2998-43ae-9cd1-1676ab359358\/companies-from-china,-europe,-and-mena-set-up-shop-in-the-uae\" style=\"\" rel=\"noopener\">last December<\/a>, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/643.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>Revenues rose 5.4% y-o-y to AED 588.3<\/strong> <strong>mn for 1Q 2025<\/strong>, coming on the back of a fleet expansion, with an extra 250 electric taxis bringing the total to 6.2k vehicles, and its delivery bike operations, which saw a 110% y-o-y uptick in revenues. The company also completed 13 mn trips across the taxi and limousine segments, an 8% increase compared to the same period last year.<\/p>\n<p class=\"tag-border-left\">ARAMEX- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE-ba<\/strong><strong>sed freight forwarding and logistics outfit Aramex saw its net income attributab<\/strong><strong>le to shareholders drop by <\/strong><strong>63% y-o-y to AED 17.1 mn<\/strong><strong> in 1Q 2025<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/631.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The firm\u2019s topline remained stable \u2014 rising by only 1% y-o-y to AED 1.6 bn during the same time period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>The reported financials are reflective of the company\u2019s current strategy to achieve \u201ca broader pivot toward more regionalized, service-intensive logistics, and Aramex\u2019s investments to support this shift,\u201d the company said in the release.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Abu Dhabi sovereign wealth fund ADQ \u2014 through its wholly-owned subsidiary Q Logistics Holding \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/12f3622e-1877-40cf-843a-8467676a0af4\" style=\"\" rel=\"noopener\">locked in a 63.26% stake<\/a> in Aramex last month after shareholders offered acceptances for some 40.57% shares in the company.<\/p>\n<p class=\"tag-border-left\">DANA GAS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sharjah\u2019s Dana Gas posted a 13.7% y-o-y increase in net income to AED 15<\/strong><strong>8 mn in <\/strong><strong>1Q 2025<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/649.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The boost came despite lower revenues, supported by improved gas pricing in Egypt following its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/03946968-0a79-414d-8028-f25908a93ea3\/%253cmark%253edana-gas%253c%2Fmark%253e%25e2%2580%2599-net-income-hits-aed-553-mn-in-2024-%2B-adsb-sees-net-income-nearly-double\" style=\"\" rel=\"noopener\">consolidation concession agreement<\/a>, as well as reduced depreciation and finance costs, the company said in a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/650.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>Revenues fell 6.2% y-o-y to AED 334 mn<\/strong>, pressured by lower production in Egypt and weaker realized oil prices, partially offset by higher condensate prices in the Kurdistan Region of Iraq and the gas pricing in Egypt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How production fared: <\/strong>Group output averaged 52.2k barrels of oil equivalent per day, down from 56.8k per day in 1Q 2024. Production in Egypt declined to 12.6k barrels of oil equivalent per day due to natural field declines and planned maintenance, while Kurdistan output rose 3% to 39.7k. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Dana\u2019s production pipeline is hot: <\/strong>The company reaffirmed that first gas from the <a target=\"_blank\" href=\"https:\/\/www.danagas.com\/operations\/kri\/\" style=\"\" rel=\"noopener\">KM250<\/a> expansion \u2014 operated by Pearl Petroleum \u2014 is on track for 1Q 2026 and set to add 250 mn standard cubic feet per day of gas, 7k barrels a a day of condensate, and 460 tonnes of LPG. Pearl has also launched a USD 160 mn first-phase development at the Chemchemal field, targeting 75 mn standard cubic feet per day of gas by 2H 2026. In Egypt, Dana has kicked off a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/37d2b4f6-d852-4230-8d72-74ba6e83ecd9\/more-earnings-pour-in%25e2%2580%25a6\" style=\"\" rel=\"noopener\">USD 100 mn<\/a>, two-year drilling program, with the first well expected to spud in June.<\/p>\n<p class=\"tag-border-left\">UNION PROPERTIES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai<\/strong><strong>-based Union Properties\u2019 gross income rose 25.3% y-o-y to AED 42.8 mn in <\/strong><strong>1Q<\/strong><strong> 2025<\/strong>, driven by improved operational efficiency and stronger performance from its subsidiaries, the company said in an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/672.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Revenue grew 18.2% y-o-y to AED 163 mn during the quarter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Debt repayments continued:<\/strong> The company paid AED 179 mn in legacy debt in 1Q and plans to settle an additional AED 159 in 2Q 2025 as part of its broader <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/77a3513e-1c67-4a28-bf92-c20fce0b220f\/union-properties-slashes-debt-%2B-secures-new-funding\" style=\"\" rel=\"noopener\">financial restructuring strategy<\/a>.<\/p>\n<p class=\"tag-border-left\">RAK PROPERTIES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Property developer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.rakproperties.ae\/\" style=\"\" rel=\"noopener\">RAK Properties<\/a><\/strong><strong> reported a <\/strong><strong>63.8%<\/strong><strong> y-o-y increase in its bottom lin<\/strong><strong>e<\/strong>, reaching AED 67.9 mn during 1Q 2025, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/624.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The company\u2019s revenues surged 27.8% y-o-y to AED 370.3 mn during the same period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company\u2019s growth is fueled by its expanded portfolio<\/strong>, including projects such as <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/376d78f3-95ba-4b84-bbf7-0d8557a28384\/modon-holding-acquires-50%2525-stake-in-london-office-tower-under-new-jv--with-broadgate\" style=\"\" rel=\"noopener\">Marisol<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0cad9c6c-a483-4b86-82cb-908b8df42ee2\/aramex-has-a-new-partner-on-cargo-in-oman,-uae.-plus:-al-futtaim-meets-ul-%2B-alec-boasts-150%2525-growth-%2B-first-successful-liver-transplant-in-dubai\" style=\"\" rel=\"noopener\">Quattro Del Mar<\/a>, which are part of a wider AED 5 bn plan, the company said in a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/625.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Robust delivery momentum and progress on ongoing developments also bolstered 1Q results. The company sold 590 units during the quarter, CEO Sameh Muhtadi told CNBC Arabia (<a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/137699\/2025\/08\/05\/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A-%D9%84%D8%B4%D8%B1%D9%83%D8%A9-%D8%B1%D8%A3%D8%B3-%D8%A7%D9%84%D8%AE%D9%8A%D9%85%D8%A9-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A%D8%A9-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D8%B3%D9%8A%D8%AA%D9%85-%D8%AF%D8%B1%D8%A7%D8%B3%D8%A9-%D8%AA%D9%88%D8%B2%D9%8A%D8%B9-%D8%A7%D9%84%D8%A3%D8%B1%D8%A8%D8%A7%D8%AD-%D8%B9%D8%A7%D9%85%D8%A7%D9%8B-%D8%A8%D8%B9%D8%A7%D9%85-%D9%88%D8%B3%D9%8A%D8%AA%D9%85-%D8%A7%D8%AA%D8%AE%D8%A7%D8%B0-%D8%A7%D9%84%D9%82%D8%B1%D8%A7%D8%B1-%D8%A8%D9%86%D8%A7%D8%A1-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%B3%D9%8A%D9%88%D9%84%D8%A9-%D8%A7%D9%84%D9%85%D8%AA%D9%88%D8%A7%D9%81%D8%B1%D8%A9-%D9%84%D8%AF%D9%89-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A9\" style=\"\" rel=\"noopener\">watch, runtime: 4:45<\/a>). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead: <\/strong>Rak Properties is focused on growth in 2025, with over 800 handovers planned for this year and more than 3k units under construction. The company plans to roll out one new project every month throughout the 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\/adnoc-drilling\/\">Adnoc Drilling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/aramex\/\">Aramex<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dana-gas\/\">Dana Gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-taxi-company\/\">Dubai Taxi Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emaar\/\">Emaar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates\/\">Emirates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-airlines\/\">Emirates Airlines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/rak-properties\/\">RAK Properties<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/union-properties\/\">Union Properties<\/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=\"103494\" 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=\"103494\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/adia-closes-reported-usd-1-bn-qlik-acquisition\/\">\r\n                            ADIA closes reported USD 1 bn Qlik acquisition                        <\/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\/05\/09\/adia-closes-reported-usd-1-bn-qlik-acquisition\/\" 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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Private equity owner Thoma Bravo, who remains the majority stakeholder, also made a new investment, as did other institutional backers. The move has now received all required regulatory approvals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">ICYMI- <\/strong><span style=\"background-color: transparent;\">Last November saw reports that ADIA would <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dba863e0-ac63-4888-ad45-f4200091c39d\/adia-to-invest-usd-1-bn-in-us-data-analytics-firm%253cmark%253e-qlik%253c%2Fmark%253e,-sells-off-33-hotels-in-the-uk\" rel=\"noopener\">acquire a USD 1 bn stake<\/a><span style=\"background-color: transparent;\"> from a fund owned by Thoma Bravo, valuing the US data firm at around USD 10 bn. The agreement also involved other sovereign wealth and pension funds.<\/span><\/p>\n<p class=\"tag-border-left\">FINANCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New <\/strong><strong>Paradyme office brings turnkey solutions to DIFC: <\/strong>US-founded <a target=\"_blank\" href=\"https:\/\/www.paradymesos.com\/#:~:text=Paradyme%20is%20an%20innovative%20suite,DIFC)%2C%20Dubai%2C%20UAE.\" style=\"\" rel=\"noopener\">Paradyme SOS<\/a> has opened an office in the Dubai International Financial Center (DIFC) to provide turnkey operational support for asset and wealth managers, according to a DIFC <a target=\"_blank\" href=\"https:\/\/www.difc.com\/whats-on\/news\/paradyme-launches-difc-office-to-support-asset-managers\" style=\"\" rel=\"noopener\">statement<\/a>. Licensed to offer non-investment services \u2014 including compliance (in partnership with global consultancy Optima Partners), accounting, governance, and administrative support \u2014 the firm targets both new and established firms looking to scale up with minimal in-house infrastructure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s in charge? <\/strong>Optima Partners\u2019 head of UAE Nick Walling (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/nick-walling-91192a9\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), previously a senior manager for 17 years at the DFSA, will lead the office.<\/p>\n<p class=\"tag-border-left\">SUSTAINABILITY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE<\/strong><strong>, Egypt partner on decarbonization: <\/strong>The Industry and Advanced Technology Ministry has partnered with Egypt\u2019s Industrial Modernization Center to advance clean industrial projects across the MENA region under the UAE-led Industrial Transition Accelerator (ITA), according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/egypt-joins-the-uae-and-bahrain-to-advance-clean-industrial-projects-in-the-mena-region-unrzpw10\" style=\"\" rel=\"noopener\">press release<\/a>. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1c30bc0a-0954-4f69-b792-2bd86165d40c\/mashreq-rolls-out-digital-platform-for-corporates-in-qatar\" style=\"\" rel=\"noopener\">Bahrain<\/a> also joined the ITA\u2019s MENA program last November.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ITA? <\/strong>Launched at COP28 and backed by the UAE, the ITA seeks to cooperate with regional governments and industry leaders to promote emerging green industries and drum up the needed capital to support decarbonization efforts in heavy-emitting sectors. Emsteel, Emirates Global Aluminium, and Arabian Gulf Steel Industries are among the Emirati firms partnering with the ITA.<\/p>\n<p class=\"tag-border-left\">AVIATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Direct<\/strong> <strong>flights between Abu Dhabi and Bhubaneswar, the capital of India\u2019s Odisha <\/strong><strong>state, <\/strong><strong>will commence in June 2025<\/strong>, Odisha Chief Minister Mohan Charan Majhi announced in a <a target=\"_blank\" href=\"https:\/\/x.com\/CMO_Odisha\/status\/1920359366089453981\" style=\"\" rel=\"noopener\">post on X<\/a>. India\u2019s low-budget airline IndiaGo will operate three flights a week to Biju Patnaik International Airport, Indian news outlet <a target=\"_blank\" href=\"https:\/\/sambadenglish.com\/latest-news\/bhubaneswar-to-abu-dhabi-direct-flight-from-june-2025-9047199\" style=\"\" rel=\"noopener\">Sambad English<\/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>Dubai<\/strong><strong>-based carrier flydubai will begin daily flights to Peshawar, Pakistan start<\/strong><strong>ing <\/strong><strong>15 May<\/strong>, expanding its network in the country to eight destinations, the airline said in a <a target=\"_blank\" href=\"https:\/\/news.flydubai.com\/flydubai-starts-flights-to-peshawar\" style=\"\" rel=\"noopener\">statement<\/a>. The airline\u2019s Boeing 737 fleet will operate the route from Terminal 2 at Dubai International Airport to Bacha Khan International Airport.<\/p>\n<p class=\"tag-border-left\">INFRASTRUCTURE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jebel Ali Racecourse to be developed by BIG, ARM:<\/strong> UAE investment firm <a target=\"_blank\" href=\"https:\/\/www.arm.com\/\" style=\"\" rel=\"noopener\">ARM Holding<\/a> and architecture studio Bjarke Ingels Group (BIG) have partnered to build a 5 sq km sustainable urban district surrounding Dubai\u2019s Jebel Ali Racecourse, BIG said in a <a target=\"_blank\" href=\"https:\/\/big.dk\/news\" 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>The details: <\/strong>The plan includes a central park, mixed-use housing, education and hospitality facilities, and civic infrastructure. The financial details were not disclosed but construction is set to begin in early 2026.<\/p>\n<p class=\"tag-border-left\">ENERGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tecknomak awards contract for Gabon FLNG gas project: <\/strong>UAE-based engineering firm <a target=\"_blank\" href=\"https:\/\/www.technomak.com\/newsroom\/\" style=\"\" rel=\"noopener\">Technomak<\/a> signed an EPCCI (engineering, procurement, construction, commissioning, and integration) agreement with Dutch company <a target=\"_blank\" href=\"https:\/\/www.dixstone.com\/\" style=\"\" rel=\"noopener\">Dixstone<\/a> for the Cap Lopez floating liquified natural gas (FLNG) project in Gabon, according to a <a target=\"_blank\" href=\"https:\/\/www.dixstone.com\/news\/near-shore-liquefaction-barge-lng-storage-awarded-to-dixstone.html\" style=\"\" rel=\"noopener\">statement<\/a>. The financial terms were not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The FLNG barge, with an annual production capacity of 700k tonnes of LNG and 25k tonnes of LPG, will be built and assembled by Dixstone in Dubai before being deployed to Gabon. The project is expected to come online in 2026, <a target=\"_blank\" href=\"https:\/\/www.offshore-energy.biz\/dutch-uae-duo-teams-up-on-perencos-flng-project-in-gabon\/\" style=\"\" rel=\"noopener\">Offshore Energy<\/a> reports. <\/p>\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>du<\/strong><strong>, Ignyte partner on startup support:<\/strong> Emirates Integrated Telecommunications Company (du) has partnered with digital startup support platform <a target=\"_blank\" href=\"https:\/\/www.ignyte.ae\/\" style=\"\" rel=\"noopener\">Ignyte<\/a> to support Emirati startups and SMEs, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/du-collaborates-with-ignyte-to-empower-smes-growth-in-the-uae-ehuoxe3s\" style=\"\" rel=\"noopener\">press release<\/a>. The partnership will provide Ignyte memberships at no charge, du Business discounts, and access to mentorship and investor networks.<\/p>\n<p class=\"tag-border-left\">EVs-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New <\/strong><strong>EV charging station for Abu Dhabi with PPP: <\/strong>Abu Dhabi Mobility has selected operators under new public-private partnership contracts (PPP) for electric vehicle charging infrastructure across the emirate, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/transport\/integrated-transport-centre-abu-dhabi-mobility-advances-sustainable-mobility-with-strategic-investment-in-electric-vehicle-charging-infrastructure\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The first phase will see 1k charging stations, under the Charge AD brand, installed in 400 locations across Abu Dhabi Island, Al Ain, and Al Dhafra. More stations will be rolled out to public and private locations annually. The standardized rates will be AED 0.70 per kWh for regular AC chargers and AED 1.20 per kWH for fast DC chargers.<\/p>\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>Abu<\/strong> <strong>Dhabi, Japan strengthen trade ties: <\/strong>The Abu Dhabi Chamber of Commerce and Industry (ADCCI) and Japan External Trade Organisation (Jetro) have inked an agreement to improve trade relations at the Abu Dhabi-Japan Business Connect Forum in Tokyo, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/abu-dhabi-and-japan-sign-mou-to-enhance-trade-and-innovation-collaboration-mz5pprqq\" style=\"\" rel=\"noopener\">press release<\/a>. The agreement aims to promote long-term bilateral trade growth, with a focus on innovation, sustainability, and advanced technologies. <\/p>\n<p class=\"tag-border-left\">FINANCIAL SERVICES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hidden <\/strong><strong>Road secures in-principle approval from ADGM: <\/strong>Ripple-backed <a target=\"_blank\" href=\"https:\/\/hiddenroad.com\/\" style=\"\" rel=\"noopener\">Hidden Road<\/a><a target=\"_blank\" href=\"https:\/\/hiddenroad.com\/\" style=\"\" rel=\"noopener\">Partners<\/a> has received in-principle approval from ADGM\u2019s Financial Services Regulatory Authority (FSRA) to operate as a regulated financial services firm, according to a <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/hidden-roads-abu-dhabi-entity-secures-in-principle-approval-from-adgm-302448829.html\" style=\"\" rel=\"noopener\">press release<\/a>. Once fully authorized, the firm will provide clearing and prime brokerage services for both traditional and digital assets to institutional investors in the UAE. The firm\u2019s acquisition by fintech player Ripple for USD 1.3 bn is set to be finalized in the coming months.<\/p>\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>#1- G42\u2019s Inception, CPX team up on cybersecurity: <\/strong>AI developer and G42 subsidiary <a target=\"_blank\" href=\"https:\/\/inceptionai.ai\/\" style=\"\" rel=\"noopener\">Inception<\/a> inked an MoU with sister cybersecurity-focused firm <a target=\"_blank\" href=\"https:\/\/www.cpx.net\/\" style=\"\" rel=\"noopener\">CPX<\/a> to accelerate AI technologies and strengthen cybersecurity capabilities across different industries, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjkkpc2-inception-cpx-partner-advance-ai-driven'\" 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>Who\u2019s doing what? <\/strong>CPX will become the primary provider of cybersecurity solutions for Inception\u2019s AI platforms and Inception will be CPX\u2019s partner in AI product development. The two will also co-develop AI-driven cybersecurity solutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- IHC\u2019s AI board observer launches:<\/strong> International Holding Company (IHC) has launched Aiden Insight 2.0, an AI-powered board observer developed in partnership with UAE-based <a target=\"_blank\" href=\"https:\/\/www.aleria.tech\/technology\" style=\"\" rel=\"noopener\">Aleria<\/a>, the company said in a <a target=\"_blank\" href=\"https:\/\/www.ihcuae.com\/media-centre\/press-releases\/ihc-unveils-aiden-insight-2-0-pioneering-ai-board-observer-reinforces-strategic-governance-with-real-time-q1-2025-insights\" style=\"\" rel=\"noopener\">statement<\/a>. The AI agent delivered its first recommendations during IHC\u2019s 1Q 2025 board meeting, advising on tax planning, IT focus, and risk management.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER:<\/strong> IHC first announced plans for Aiden Insight, to be developed by G42 and Microsoft, in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a37d0b55-ab40-44f4-b0c8-10dabf5e1b98\/abu-dhabi-eyeing-its-first-usd-denominated-issuance-since-2021%3F\" style=\"\" rel=\"noopener\">last February<\/a> last 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\/abu-dhabi\/\">Abu Dhabi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            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href=\"https:\/\/enterpriseam.com\/uae\/tag\/sustainability\/\">sustainability<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-india-relations\/\">UAE-India relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-japan-ties\/\">UAE-Japan ties<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103496\" 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=\"103496\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/saudi-arabia-led-the-regional-ipo-chart-in-1q-ey\/\">\r\n                            Saudi Arabia topped the regional IPO chart in 1Q -EY                        <\/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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src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1417.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103497\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/saudi-arabia-led-the-regional-ipo-chart-in-1q-ey\/1417-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1417.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1417.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1417.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1417.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103496\" class=\"content-area-description single-story post-103496 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-adx tag-capital-markets tag-enterpriseam-uae tag-ipo tag-ipo-watch tag-planet-finance tag-saudi-arabia 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\/5\/.be439e81-db06-4e90-9cc9-59fd24d37fe2.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>MENA markets raised USD 2.4 bn in IPO proceeds across 14 listings <\/strong><strong>last quarter<\/strong>, up from just 10 in 1Q 2024, marking a 106% increase in proceeds, according to EY\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/639.pdf\" style=\"\" rel=\"noopener\">MENA IPO eye report (pdf)<\/a>. IPO activity was heavily concentrated in Saudi Arabia, with only one listing in the UAE, and another in Oman. Despite the narrow distribution and global market jitters, EY sees the region\u2019s IPO pipeline remaining intact. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">KSA tops the charts: <\/strong><span style=\"background-color: transparent;\">The Kingdom was home to 12 out of the 14 IPOs in the region last quarter, raising roughly USD 1.9 bn in proceeds across five main market listings and nine on Tadawul\u2019s parallel market Nomu. Saudi real estate company <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/6827bcfe-e4d5-405d-bfd4-90b626258217\/%253cmark%253eumm-al-qura%253c%2Fmark%253e-share-price-jumps-to-sar-19.50-on-tadawul-debut-%2B-net-income-up-57%2525-in-2024\" rel=\"noopener\">Umm Al Qura for Development<\/a><span style=\"background-color: transparent;\"> was the region\u2019s highest grossing IPO in 1Q, contributing 22% to overall proceeds from the region, followed by hospital operator <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/d265b15b-34a3-4277-938c-6669440b4575\/%253cmark%253ealmoosa-health%253c%2Fmark%253e-prices-ipo-top-of-the-guidance-range\" rel=\"noopener\">Almoosa Health<\/a><span style=\"background-color: transparent;\"> (19%). The largest contributions came from real estate management (28%), health care equipment and services (24%), financial services (21%), and consumer discretionary distribution and retail (17%).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, the UAE saw one IPO in 1Q.<\/strong> The Abu Dhabi Exchange (ADX) was home to the UAE\u2019s first and only IPO so far this year. Software company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/71cf22ef-c051-4258-a690-ed59fa678739\" style=\"\" rel=\"noopener\">Alpha Data<\/a> took a 40% stake to market in March, raising USD 163 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman was the only other IPO contributor in the region last quarter<\/strong><strong>.<\/strong> The LNG transport unit of state-backed logistics giant Asyazd Group <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4cf3cb64-f433-4137-92f8-18e517c0d94f\/today:-dae-mulls-selling-its-stake-in-joramco-%2B-ksa%25e2%2580%2599s-red-sea-gateway-terminal-lands-in-djibouti\" style=\"\" rel=\"noopener\">Asyad Shipping<\/a> \u2019s debut of a 20% stake on the Muscat Exchange raised USD 333 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Top performing IPOs: <\/strong>11 stocks closed higher on their trading debut, with six \u2014 including Umm Al Qura for Development &amp; Construction, Arabian Company for Agricultural and Industrial Investments (Entaj), and Derayah Financial \u2014 hitting the 30% daily limit set by regulators. 11 out of 14 IPOs were trading above their IPO prices as of 31 March. Umm Al Qura for Development &amp; Construction posted the strongest performance, with a gain of 60%, followed by Riyadh-based Basma Adeem Medical Company, which recorded a 50% increase. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EY expects more IPO activity from tech firms this year: <\/strong>\u201cIn 2025, we can potentially expect to see an increase in IPOs from the technology sector including online retail, fintech, foodtech and classifieds,\u201d the firm\u2019s MENA IPO leader Gregory Hughes said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s in the pipeline? <\/strong>EY says at least 21 more companies are expected to go public across MENA markets this year. Saudi Arabia continues to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/8a5caeff-2953-404c-8d57-9fc78518daf8\/saudi-has-31-ipo-listings-in-the-pipeline-for-this-year\" style=\"\" rel=\"noopener\">dominate the pipeline<\/a>, with 17 firms already cleared by the CMA, while the UAE has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/296a6e5c-66ff-4716-b801-7527d5c7a010\/bright-outlook-for-2025-ipos-in-the-uae-and-the-gcc,-following-a-strong-year--kamco\" style=\"\" rel=\"noopener\">three announced IPOs<\/a> in the works, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2bda6442-daa7-4249-aee7-7f23152df427\/saudi-owned-rakhaa-wants-to-go-public-on-egx-with-30%2525-stake\" style=\"\" rel=\"noopener\">Egypt<\/a> has announced one, the report reads. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MENA stock exchanges delivered mixed results last quarter<\/strong>, with three posting gains and six ending the quarter in negative territory. Boursa Kuwait\u2019s Premier Market Index led regional performance with a strong 10.7% gain, followed by Egypt\u2019s EGX30, which rose 8%. In contrast, Saudi Arabia\u2019s Tasi recorded a marginal decline of 0.4%. On the weaker end of the spectrum, the MSM General Index in Oman posted the steepest drop, falling 4.6%, while the Qatar Exchange General Index declined 3.2% over the same period.<\/p>\n<p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are mixed<\/strong> as investors await China\u2019s April trade data following the introduction of US tariffs, with Hong Kong\u2019s Hang Seng trading flat, and mainland China\u2019s CSI 300 dipping 0.2%. Japan\u2019s Nikkei and South Korea\u2019s Kospi are up marginally. Over on Wall Street, futures are flat after stocks rallied yesterday following news of a US-UK trade agreement. <\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,634<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.2% (YTD: +2.3%)<\/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\">5,314<\/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: +3.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">4,435<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.2% (YTD: +6.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.2% 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\">11,364<\/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: -5.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">31,772<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.2% (YTD: +6.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,664<\/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: -3.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">8,532<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: +4.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,289<\/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\">+1.1% (YTD: +8.2%)<\/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 62.97<\/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-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.63<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.9%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3,318<\/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%<\/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 102,392.9<\/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\">+5.8% (YTD: +8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Chimera JP Morgan UAE Bond UCITS ETF<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.60<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.1% (YTD: +1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P MENA Bond &amp; Sukuk<\/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\">143.6<\/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: +2.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>VIX (Volatility Index)<\/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\">22.48<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-4.6% (YTD: +29.6%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADX rose 0.2% yesterday<\/strong> on turnover of AED 1.8 bn. The index is up 0.2% 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 Buhaira National Ins. Company (+10.7%), Apex Investment (+5.5%) and Gulf Cement (+4.8%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Abu Dhabi National Takaful Co (-10.0%), Rapco Investment (-8.2%) and National Bank of Ras Al Khaimah (-3.7%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the DFM<\/strong>, the index fell 0.4% on turnover of AED 489.9 mn. Meanwhile, Nasdaq Dubai was down 0.2 %.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adx\/\">ADX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"103498\" 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=\"103498\">\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\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/uae-eyes-more-cooperation-with-uganda-and-kenya-across-transport-energy-and-more\/\">\r\n                            UAE eyes more cooperation with Uganda and Kenya across transport, energy, and more                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/uae-eyes-more-cooperation-with-uganda-and-kenya-across-transport-energy-and-more\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img 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<div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/702.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103499\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/09\/uae-eyes-more-cooperation-with-uganda-and-kenya-across-transport-energy-and-more\/702-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/702.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"702.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/702.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/702.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103498\" class=\"content-area-description single-story post-103498 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-energy tag-investment tag-trade tag-transport 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\/5\/.feea43e7-8706-4ca8-9533-5e5b6992038b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE, Uganda sign six MoUs:<\/strong> The UAE and Uganda signed six MoUs to deepen cooperation across investment, energy, transport, and digital transformation during a visit by Foreign Affairs Minister Sheikh Abdullah bin Zayed to Kampala where he met with Ugandan President Yoweri Museveni and senior officials, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15k22ir-president-uganda-receives-abdullah-bin-zayed\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <strong>The agreements included:<\/strong> <\/p>\n<ul>\n<li>a bilateral investment MoU between the UAE and Uganda\u2019s finance ministries;<\/li>\n<li>a cooperation agreement between the Anwar Gargash Diplomatic Academy and Uganda\u2019s Foreign Ministry;<\/li>\n<li>An MoU on energy cooperation between their energy ministries;<\/li>\n<li>An MoU between Etihad Rail and Uganda\u2019s Works and Transport Ministry;<\/li>\n<li>An agreement between UAE-based Presight and Uganda\u2019s National Information Technology Authority on AI, cybersecurity, and cloud infrastructure <\/li>\n<li>and a mutual entry visa exemption agreement.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Seven MoUs and agreements were signed with Kenya<\/strong>, spanning military, transport, energy, and railway cooperation, along with a bilateral framework agreement on economic development, according to a Foreign Affairs Ministry <a target=\"_blank\" href=\"https:\/\/www.mofa.gov.ae\/en\/MediaHub\/News\/2025\/5\/8\/8-5-2025-UAE-Kenya\" style=\"\" rel=\"noopener\">statement<\/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>The UAE <\/strong><strong>and Bahrain implemented their investment promotion and protection <\/strong><strong>agreement<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bna.bh\/en\/National\/BahrainUAEissuejointstatementoninvestmentpromotionandprotectionagreement.aspx?cms=q8FmFJgiscL2fwIzON1%2BDuwNHXILOLFUWtRcAFzdYPA%3D\" style=\"\" rel=\"noopener\">Bahrain News Agency<\/a> reports. The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/19d38907-6897-4474-bc15-30c6546f531a\" style=\"\" rel=\"noopener\">agreement<\/a>, which came into effect after both governments completed the necessary legal steps, establishes a robust legal framework to protect investments and outlines clear mechanisms for dispute resolution.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The partnership aims to encourage mutual investments, facilitate capital flows, and strengthen the investment environment<\/strong>, Financial Affairs Minister Mohamed bin Hadi Al Hussaini said. It will also foster cooperation in digital trade\u2014covering areas such as data protection, privacy, cybersecurity, and intellectual property rights.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> In the past few months, the two nations have signed multiple agreements, including a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ac41780b-a669-42a0-9de2-954c7905b863\/uae-%253cmark%253ebahrain%253c%2Fmark%253e-mutual-taxation-agreement-gets-the-greenlight-from-shura-council\" style=\"\" rel=\"noopener\">mutual taxation agreement<\/a> aimed at eliminating double taxation, and an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/aa1d536b-4c7a-49cb-9fd9-0a03a212ed46\/uae-and%253cmark%253e-bahrain%253c%2Fmark%253e-sign-tourism-cooperation-agreement-for-2024-2028\" style=\"\" rel=\"noopener\">executive program<\/a> running from 2024 to 2028.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO-<\/strong> <strong>Belarus, UAE discuss free trade pact and investment ties:<\/strong> Belarusian Prime Minister Aleksandr Turchin met with Foreign Trade Minister Thani bin Ahmed Al Zeyoudi to discuss deepening economic cooperation, including an upcoming economic partnership agreement between the UAE and the Eurasian Economic Union (EAEU) to develop a freetrade zone, Belarusian state news agency <a target=\"_blank\" href=\"https:\/\/eng.belta.by\/economics\/view\/belarusian-pm-meets-with-uae-state-minister-to-discuss-trade-167798-2025\/\" style=\"\" rel=\"noopener\">BelTA<\/a> reports.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103500\" 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\/05\/09\/103500-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103500\" class=\"content-area-description single-story post-103500 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\">MAY  <\/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>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>9-11 May (Friday-Sunday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/search?q=emirates+critical+care+conference+2025&rlz=1C1GCEB_enEG1149EG1149&oq=emiates+critical+&gs_lcrp=EgZjaHJvbWUqCQgBEAAYDRiABDIGCAAQRRg5MgkIARAAGA0YgAQyCQgCEAAYDRiABDIICAMQABgWGB4yCAgEEAAYFhgeMggIBRAAGBYYHjINCAYQABiGAxiABBiKBTIKCAcQABiABBiiBDIHCAgQABjvBTIKCAkQABiABBiiBNIBCDUyMDBqMGo3qAIAsAIA&sourceid=chrome&ie=UTF-8\" style=\"\">Emirates Critical Care Conference<\/a><\/span><span style=\"font-weight:400;\">, Intercontinental Festival City Hotel, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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>13-14 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>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>13-15 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.integrateme.com\/\" style=\"\">Integrate 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>13-16 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iuhpe2025-abudhabi.com\/\" style=\"\">The IUHPE World Conference on Health Promotion<\/a><\/span><span style=\"font-weight:400;\">, Adnec 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;\">13-20 May (Tuesday-Tuesday): Dubai Holding REIT subscription period.<\/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 May (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/ar\/article\/bjjdmx9-%D8%AF%D8%A8%D9%8A-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D9%88%D8%A7%D9%84%D9%87%D9%86%D8%AF-%D8%B4%D8%B1%D9%83%D8%A7%D8%A1-%D8%A7%D9%84%D8%AA%D9%82%D8%AF%D9%85\" style=\"\">The UAE-India Partners in Progress Summit 2025<\/a><\/span><span style=\"font-weight:400;\">, Taj Exotica, Palm Jumeirah, Dubai.<\/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>19-20 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.arqaamconference.com\/\" style=\"\">Arqaam Capital MENA Investor Conference 2025<\/a><\/span><span style=\"font-weight:400;\">, Four Seasons Hotel Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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>21 May (Wednesday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aws.amazon.com\/events\/summits\/dubai\/\" style=\"\">AWS Summit<\/a><\/span><span style=\"font-weight:400;\">, the Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">21 May (Wednesday): Dubai Holding REIT final offer price and allocation of units announcement. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-22 May (Wednesday-Tuesday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/cryptoexpodubai.com\/dubai\" style=\"\">CryptoExpo Dubai<\/a><\/span><span style=\"font-weight:400;\">, the Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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 style=\"font-weight:400;\">28 May (Wednesday): The Dubai Residential REIT will ring the bell. <\/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>17-18 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mediaoffice.abudhabi\/en\/infrastructure\/hosted-by-abu-dhabi-projects-and-infrastructure-centre-inaugural-abu-dhabi-infrastructure-summit-to-take-place\/\" style=\"\">Abu Dhabi Infrastructure Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi Energy Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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 style=\"font-weight:400;\">9-11 January (Friday-Sunday): 1 Bn Followers Summit\u2019s fourth edition, UAE<\/span><\/li>\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<\/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 October 2026:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Abu Dhabi Space Week, 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;\">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: US to fast-track foreign investment screening process in a boost to the Gulf?<\/p>\n","protected":false},"featured_media":103481,"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-103480","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2579ee1b-85ca-4759-92af-a250e7e6ab47","teaser":"Plus: US to fast-track foreign investment screening process in a boost to the Gulf?","photo_url":"https:\/\/ent.news\/2025\/4\/764.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ 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