{"id":103672,"date":"2025-05-15T00:00:00","date_gmt":"2025-05-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=103672"},"modified":"2025-12-15T03:46:12","modified_gmt":"2025-12-15T03:46:12","slug":"trump-lands-in-abu-dhabi-today-with-chip-agreement-and-usd-1-4-tn-investments-on-the-cards","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/trump-lands-in-abu-dhabi-today-with-chip-agreement-and-usd-1-4-tn-investments-on-the-cards\/","title":{"rendered":"Trump lands in Abu Dhabi today, with chip agreement and USD 1.4 tn investments on the cards"},"content":{"rendered":"<section id=\"103674\" 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=\"103674\">\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\/15\/this-morning-trump-lands-in-abu-dhabi-today-with-chip-agreement-and-usd-1-4-tn-in-investments-on-the-cards\/\">\r\n                            THIS MORNING: Trump lands in Abu Dhabi today, with chip agreement and USD 1.4 tn in investments on the cards                        <\/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         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data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/this-morning-trump-lands-in-abu-dhabi-today-with-chip-agreement-and-usd-1-4-tn-in-investments-on-the-cards\/370-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/370.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"370.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/370.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/370.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103674\" class=\"content-area-description single-story post-103674 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-donald-trump tag-e tag-enterpriseam-uae tag-first-abu-dhabi-bank tag-investment tag-oil-and-gas tag-opec-2 tag-uae-india-relations tag-us-uae-relations tag-waste-management tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.fd4c7c75-7821-442a-a747-aa611a69ad74.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>The news flow has slowed slightly ahead of what\u2019s going to be a big day for news here at home, as US President Donald Trump heads to Abu Dhabi for the final leg of his regional tour. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> We\u2019re on the lookout for more specifics for the USD 1.4 tn investment pledge<\/strong> made during Deputy Abu Dhabi Ruler and National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan\u2019s visit to Washington, and for an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0fa15ce7-3901-47ed-8ad9-331af1353929\/uae-could-be-in-line-for-more-nvidia%253cmark%253e-chips%253c%2Fmark%253e-%2B-openai-mulls-uae-data-center\" style=\"\" rel=\"noopener\"><\/a> <strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0fa15ce7-3901-47ed-8ad9-331af1353929\/uae-could-be-in-line-for-more-nvidia%253cmark%253e-chips%253c%2Fmark%253e-%2B-openai-mulls-uae-data-center\" style=\"\" rel=\"noopener\">agreement to expand the UAE\u2019s access to advanced chips<\/a><\/strong>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Speculation in the foreign press so far have pointed to a potential agreement that could give the UAE access to mns of Nvidia chips<\/strong>, with only a portion going towards state AI firm G42, and the rest going towards US firms looking to expand in the UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Among the companies who could be getting chips to expand? OpenAI, Oracle, and Microsoft. <\/strong>All three are said to be eyeing more data center capacity in the UAE, and will need to secure chips to make that happen. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>STAY TUNED- We\u2019ll have all the details from the US president\u2019s visit to the capital of capital<\/strong> in tomorrow\u2019s issue. <\/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>In today\u2019s issue, the big story at home is Adnoc\u2019s low-carbon investment arm XRG securing a stake in a gas block in Turkmenistan.<\/strong> <strong>ALSO- We have more debt issuances<\/strong>, this time from Sobha Realty and Masdar, and <strong>more companies added to MSCI\u2019s indexes<\/strong>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>?\ufe0fWEATHER<\/strong><strong>- Expect a slight decrease in temperatures today and for the coming week<\/strong><strong>.<\/strong> Temperatures in Dubai will hit a high of 41\u00b0C before cooling to 29\u00b0C overnight, according to our favorite weather app. <strong>In Abu Dhabi<\/strong>, temperatures will peak at 35\u00b0C, with an overnight low of 27\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 UK is planning to allow state-owned investors to own up to 15% of British<\/strong><strong> newspapers <\/strong>in a move that could allow Abu Dhabi-backed RedBird IMI to maintain its ownership of The Telegraph, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/uk-allow-foreign-states-own-15-stake-newspapers-2025-05-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. A 15% stake owned by foreign sovereign wealth funds or state pension funds would be \u201ctargeted exceptions\u201d and would help sustain British media while limiting foreign influence, the newswire cites the UK government as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So what\u2019s next? <\/strong>US private equity firm RedBird \u2014 which owns a 25% stake in RedBird IMI \u2014 was looking to form a consortium to dilute IMI\u2019s stake to a level acceptable by government and take control of the newspaper.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The UK\u2019s previous administration had banned foreign state-owned investors from owning stakes in British newspapers, capping foreign investment at 5%, after RedBird IMI had taken control of The Telegraph and its sister magazine The Spectator. They later withdrew their bid and put both magazines up for sale, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/18315aa5-f75c-4280-a5ac-a902169bcd13\/paul%253cmark%253e-marshall%253c%2Fmark%253e-acquires-the-spectator-from-redbird-imi\" style=\"\" rel=\"noopener\">selling<\/a> The Spectator to b\u2019naire and founding partner of Marshall Wace, Paul Marshall. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2- <\/strong><strong>FAB eyes India\u2019s GIFT City expansion: <\/strong>First Abu Dhabi Bank (FAB) is in talks to open a branch in India\u2019s Gujarat International Finance Tec-City (GIFT City), <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-13\/first-abu-dhabi-bank-plans-to-open-branch-in-india-s-low-tax-hub?embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing people familiar with the matter. The bank is engaging with the UAE regulator to secure approvals. If successful, FAB would be the second Middle East lender in the low-tax zone after Qatar National Bank, joining a growing list of global banks using the hub for cross-border financing and acquisition lending.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The UAE has been ramping up investments in India: <\/strong>In <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a215e435-aa1d-44b4-8096-5504c17bf479\/adia-to-invest-usd-4-5-bn-in-india%25e2%2580%2599s%253cmark%253e-gift%253c%2Fmark%253e-city\" style=\"\" rel=\"noopener\">February 2024<\/a>, the Abu Dhabi Investment Authority received regulatory approval to establish a local subsidiary and launch a USD 4-5 bn fund in GIFT City. In October, the UAE and India also announced a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ce81d8f0-1590-4fd5-ad8f-01b0541f4500\/uae-%2B-india-ink-pact-on-trans-continental-food-trade-route\" style=\"\" rel=\"noopener\">USD 2 bn<\/a> food corridor initiative and agreed to set up joint investment offices in both countries. The two sides were also in talks to raise UAE foreign direct investment in India to USD 100 bn, up from around USD 75 bn in existing commitments.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a><strong> #3- Envirol eyes waste-to-biofuel plant in Uzbekistan: <\/strong>UAE-based waste management company <a target=\"_blank\" href=\"https:\/\/envirol.ae\/\" style=\"\" rel=\"noopener\">Envirol<\/a> met with Uzbekistan\u2019s Investments, Industry and Trade Minister Laziz Kudratov to discuss the possibility of constructing a waste-to-biofuel plant in Uzbekistan, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/ministry-of-investments-industry-and-trade-of-the-republic-of-uzbekistan_on-may-13-the-minister-of-investments-industry-activity-7328132541868068867-lkKi?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAFCC1R4B8bJ2XP1yuuTfhZswiTjG6MgJX3k\" style=\"\" rel=\"noopener\">statement<\/a>. The plant would be the first in Central Asia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE-based t<\/strong><strong>elecom <\/strong><strong>group e&amp;<\/strong><strong> is also in talks with the Uzbek government on joint <\/strong><strong>investments in telecommunications infrastructure and data centers<\/strong>, according to a separate <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/miit.uz\/posts\/pfbid029PDb9sETEfiELk2wqVfxHm76RXnzpxTbFu8dUQwLADzmsyuu5dWAL7F4zp5NeNbEl\" style=\"\" rel=\"noopener\">statement<\/a> from Uzbekistan\u2019s Investment Ministry. The discussions come as Uzbekistan continues to liberalize its telecommunications sector. The two sides agreed to advance work on potential joint projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>e&amp; would be joining the ranks of other Emirati firms working in<\/strong><strong> Uzbekistan<\/strong>, including Taqa, which will develop a USD 545 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f3a63422-e68c-48a6-b7d9-3c5c40601e3f\/taqa-agrees-aed-2-bn-water-treatment,-pipeline-project-in-uzbekistan\" style=\"\" rel=\"noopener\">water infrastructure project<\/a>, and Masdar, which inaugurated a 500 MW windfarm in Zarafshan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ef33cf58-e2e2-4685-a95d-a8d0c415af0f\/masdar-inaugurates-500-mw-zarafshan-wind-farm\" style=\"\" rel=\"noopener\">last December<\/a>.<\/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>The<\/strong> <strong>UAE is allowing 180-day multiple entry for individuals applying for the<\/strong><strong> blue residency visa<\/strong>, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/uae\/uae-launches-180-day-entry-visa-for-blue-residency-applicants-1.500125210\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. Issued by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP), the visa enables applicants abroad to enter the UAE and complete procedures tied to their blue residency bid.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dd98b566-512f-4f2b-8a7d-76d295504d9b\/this-morning:-nmdc-to-ipo-logistics-unit%3F-%2B-adx,-cbuae-agree-to-settle-trades-in-aed\" style=\"\" rel=\"noopener\">Rolled out in February<\/a>, the 10-year Blue Visa residency program is designed for members of international organizations, environmental NGOs, award-winning sustainability advocates, researchers, and corporate leaders who have made significant contributions to environmental work.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Hong Kong passport holders can now enter the UAE and Qatar without a visa for up to 30<\/strong><strong> days<\/strong>, according to a government <a target=\"_blank\" href=\"https:\/\/www.info.gov.hk\/gia\/general\/202505\/14\/P2025051400829.htm\" style=\"\" rel=\"noopener\">statement<\/a> from Hong Kong Chief Executive John Lee. The changes took effect today, replacing the previous visa-on-arrival arrangement.<\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/cabsat.com\/\" style=\"\" rel=\"noopener\">Cabsat<\/a><\/strong><strong> is on its third and final day today<\/strong> at the Dubai World Trade Center. The event will exhibit the latest trends and technologies in the media, entertainment, and communications sectors in the MEASA region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/hodlsummit.com\/\" style=\"\" rel=\"noopener\">HODL Summit<\/a><\/strong><strong> \u2014 the rebranded World Blockchain Summit \u2014 is on its second and final day<\/strong><strong> today <\/strong>at Madinat Jumeirah in Dubai. The summit will gather stakeholders from across the Web3, blockchain, and crypto ecosystems for discussions on investment, regulation, and innovation. More than 30k C-suite attendees and 5k investors are expected, along with over 1k exhibitors and sponsors and 1.2k speakers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The inaugural <\/strong><strong><a target=\"_blank\" href=\"https:\/\/satexpome.com\/\" style=\"\" rel=\"noopener\">SATExpo Middle East<\/a><\/strong><strong> is on its third and final day <\/strong>at the Dubai World Trade Center. Spun off from CABSAT, the new satellite and space-focused exhibition will bring together over 140 exhibitors and 80k professionals across the aviation, maritime, government, telecom, energy, and emergency response sectors, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/first-ever-edition-of-satexpo-middle-east-to-spotlight-innovations-shaping-global-space-and-satellite-industry-r833425n\" style=\"\" rel=\"noopener\">press release<\/a>. The event offers networking sessions for businesses, governments, and investors in the MEASA region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.iuhpe2025-abudhabi.com\/\" style=\"\" rel=\"noopener\">The IUHPE World Conference on Health Promotion<\/a><\/strong><strong> is on its third day and<\/strong> <strong>continues until tomorrow<\/strong> at the Adnec Center in Abu Dhabi. The conference will bring together over 2k global health leaders, policymakers, and advocates to address planetary health challenges, including non-communicable diseases, digital health, precision health, and emergency preparedness. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/worldpolicesummit.com\/\" style=\"\" rel=\"noopener\">World Police Summit<\/a><\/strong><strong> is on its third and final day <\/strong>at the Dubai World Trade Center. The summit brings together over 110 police chiefs and more than 300 speakers from over 110 countries. Key topics include AI in law enforcement, cross-border cybercrime, human trafficking, and digital transformation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- The Economy Middle East Summit will take place today at the ADGM<\/strong> in Abu Dhabi, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/12\/2146.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The event will feature discussions on the economy, banking and finance, technology, cybersecurity, AI, hospitality and tourism, real estate, and energy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/india-uae-partners-in-progress-conclave-2025-set-for-may-15-in-dubai-sfx52uwf\" style=\"\" rel=\"noopener\">India-UAE: Partners in Progress Conclave<\/a><\/strong><strong> will be held today <\/strong>at Taj Exotica Resort &amp; Spa in The Palm in Dubai. The event will bring together policymakers, business leaders, and innovators, with an aim to accelerate collaboration across trade, energy, tourism, tech, and startups.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#<\/strong><strong>8- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.integrateme.com\/\" style=\"\" rel=\"noopener\">Integrate Middle East<\/a><\/strong><strong> is on its second and final day today<\/strong> at the Dubai World Trade Center. The event will showcase advancements in audio-visual technology and media for the broadcasting, communications, and entertainment industries.<\/p>\n<p class=\"tag-border-left\"> HAPPENING THIS WEEK- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/investopia.ae\/events\/investopia-europe-3rd-edition\/\" style=\"\" rel=\"noopener\">Investopia Europe<\/a><\/strong><strong> will take place tomorrow <\/strong>at Palazzo Mezzanotte in Milan. Approximately 60 Emirati delegates government entities and private sector firms \u2014 including the Abu Dhabi Investment Office, Dubai\u2019s Department of Economy and Tourism, Ras Al Khaimah Economic Zone, Invest in Sharjah, G42, ADQ, NG9, and Marjan \u2014 will engage with Italian and European business leaders to explore potential investments and partnerships.<\/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>US President Donald Trump headed to Qatar yesterday on the second leg of his regional tour<\/strong>, where he met with Emir Tamim bin Hamad. The visit saw <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/05\/14\/us\/politics\/qatar-airways-boeing-jets.html\" style=\"\" rel=\"noopener\">the signing of USD 243 bn in agreements<\/a> (per the White House\u2019s tally), including defense purchases for drone and counter-drone capabilities from US companies, Qatari investments at Al Udeid Air Base, and a tall, USD 96 bn order for up to 210 Boeing jets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The president is set to land in the UAE today for the third and last stop<\/strong>, which is set to conclude his four-day Middle East trip. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Trump met with Syrian President Ahmed Al Sharaa earlier<\/strong> yesterday, just before the GCC summit in Riyadh, while Turkey\u2019s President Erdogan joined over the phone. Trump urged Al Sharaa to join the so-called Abraham Accords, while the latter invited American companies to invest in Syria\u2019s oil and gas, the US Press Secretary <a target=\"_blank\" href=\"https:\/\/x.com\/PressSec\/status\/1922567846317392240\" 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>AND- Trump and Russia\u2019s Vladimir Putin will be <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/putin-trump-skip-ukraines-peace-talks-that-russian-leader-proposed-2025-05-14\/\" style=\"\" rel=\"noopener\">skipping the first direct Russia-Ukraine peace talks<\/a><\/strong><strong> to be held in Turkey today<\/strong>, with Russia opting to send a group of technocrats instead. The talks \u2014 proposed by Putin \u2014 are unlikely to see a breakthrough in the absence of the two leaders.<\/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.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<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\"><strong>Opec<\/strong><strong> maintained its global oil demand forecast for 2025 at <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/303d77a4-2729-4853-9910-0362c60670ba\" style=\"\" rel=\"noopener\">1.3 mn barrels a day<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/303d77a4-2729-4853-9910-0362c60670ba\" style=\"\" rel=\"noopener\"><\/a><\/strong> in its latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1187.pdf\" style=\"\" rel=\"noopener\">Monthly Oil Market Report (MOMR) (pdf)<\/a>. Demand in Organization for Economic Co-operation and Development (OECD) countries is projected to rise 0.1 mn bbl \/ d, while non-OECD demand is expected to grow by nearly 1.2 mn bbl \/ d. The outlook for 2026 also remains unchanged from last month at 1.3 mn bbl \/ d, with OECD demand projected to increase by 0.1 mn bbl \/ d and non-OEC demand by 1.2 mn bbl \/ d. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, it expects supply to rise by some 800k bbl \/ d<\/strong>, down from its earlier forecast of 900k bbl \/ d, on the back of lower capital spending due to a decline in oil prices. The oil cartel is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c58aa6c8-304e-4678-a5f3-d9848b0d1b77\/this-morning:-gcc-us-summit-in-saudi-arabia-next-week%3F-%2B-fed-kicks-off-interest-rate-meeting-today\" style=\"\" rel=\"noopener\">set to hike supply by 411k bbl \/ d<\/a> in June for the second month in a row. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/donald-trump\/\">Donald Trump<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/e\/\">e&amp;<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/first-abu-dhabi-bank\/\">First Abu Dhabi Bank<\/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\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/opec-2\/\">OPEC+<\/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\/us-uae-relations\/\">US-UAE relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/waste-management\/\">waste management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103676\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" 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id=\"103677\" 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=\"103677\">\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\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/xrg-snaps-up-stake-in-turkmenistan-gas-block\/\">\r\n                            Adnoc\u2019s XRG snaps up stake in Turkmenistan gas block                        <\/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 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class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/xrg-snaps-up-stake-in-turkmenistan-gas-block\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/691.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103678\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/xrg-snaps-up-stake-in-turkmenistan-gas-block\/691-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/691.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"691.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/691.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/691.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103677\" class=\"content-area-description single-story post-103677 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-adnoc tag-energy tag-enterpriseam-uae tag-investment tag-xrg 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\/.192d66e9-f78c-456f-90ac-cce261e86d6f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>XRG<\/strong><strong> expands into Turkmenistan: <\/strong>Adnoc\u2019s low-carbon investment unit <a target=\"_blank\" href=\"https:\/\/xrg.com\/en\" style=\"\" rel=\"noopener\">XRG<\/a>, Malaysia\u2019s Petronas, and Turkmenistan\u2019s state entities have signed a new production sharing contract (PSC) for Turkmenistan\u2019s Block I gas and condensate fields in the Caspian Sea, alongside a long-term gas sales agreement with <a target=\"_blank\" href=\"https:\/\/turkmengaz.tj\/\" style=\"\" rel=\"noopener\">Turkmengas<\/a>, Petronas said in a <a target=\"_blank\" href=\"https:\/\/www.petronas.com\/media\/media-releases\/petronas-xrg-hazarnebit-and-turkmennebit-partner-strategic-gas-asset\" 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 agreement: <\/strong>Petronas will operate the block with a 57% stake, while XRG, recently cleared for a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0abfec09-0af5-46a2-881e-323b858e62ee\/adnoc-gets-the-all-clear-from-eu-antitrust-regulators-for-covestro-takeover\" style=\"\" rel=\"noopener\">EUR 14.7 bn Covestro takeover<\/a>, will hold 38% and Hazarnebit 5%. The concession currently produces 400 mn cubic feet per day of natural gas and holds over 7 tn cubic feet of resources, with the potential for expansion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>XRG and Petronas also<\/strong><strong> signed a long-term Gas Sales Agreement (GSA) with State Concern Turkmengas <\/strong>as part of the transaction, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> We recently reported that XRG \u2014 Adnoc\u2019s USD 80 bn low-carbon investment arm \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/36572208-fb61-4a1c-88b2-1484835f43d5\/this-morning:-us-looks-to-fast-track-foreign-investments,-including-from-the-gulf-%2B-new-planned-hospitals-in-dubai\" style=\"\" rel=\"noopener\">will soon begin to deploy capital<\/a> \u2014 including in the US \u2014 after fine-tuning its internal strategy. It is already <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0abfec09-0af5-46a2-881e-323b858e62ee\/adnoc-gets-the-all-clear-from-eu-antitrust-regulators-for-covestro-takeover\" style=\"\" rel=\"noopener\">close to securing a 91.3% stake in Covestro<\/a> after EU antitrust regulators gave it the all-clear, and is eyeing bns of investments in the US\u2019 energy sector, including through USD 9 bn worth of acquisitions of natural gas assets.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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\/xrg\/\">XRG<\/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=\"103679\" 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=\"103679\">\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\/15\/adnoc-gas-dewa-salik-join-msci-emerging-markets-index-apex-investment-bank-of-sharjah-added-to-small-cap-index\/\">\r\n                            Adnoc Gas, Dewa, Salik join MSCI Emerging Markets Index + Apex Investment, Bank of Sharjah added to Small Cap Index                        <\/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\/15\/adnoc-gas-dewa-salik-join-msci-emerging-markets-index-apex-investment-bank-of-sharjah-added-to-small-cap-index\/\" 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\/15\/adnoc-gas-dewa-salik-join-msci-emerging-markets-index-apex-investment-bank-of-sharjah-added-to-small-cap-index\/')\">\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\/15\/adnoc-gas-dewa-salik-join-msci-emerging-markets-index-apex-investment-bank-of-sharjah-added-to-small-cap-index\/\">\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=Adnoc Gas, Dewa, Salik join MSCI Emerging Markets Index + Apex Investment, Bank of Sharjah added to Small Cap Index&url=https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/adnoc-gas-dewa-salik-join-msci-emerging-markets-index-apex-investment-bank-of-sharjah-added-to-small-cap-index\/\">\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\/15\/adnoc-gas-dewa-salik-join-msci-emerging-markets-index-apex-investment-bank-of-sharjah-added-to-small-cap-index\/&title=Adnoc Gas, Dewa, Salik join MSCI Emerging Markets Index + Apex Investment, Bank of Sharjah added to Small Cap Index\">\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=Adnoc+Gas%2C+Dewa%2C+Salik+join+MSCI+Emerging+Markets+Index+%2B+Apex+Investment%2C+Bank+of+Sharjah+added+to+Small+Cap+Index+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F05%2F15%2Fadnoc-gas-dewa-salik-join-msci-emerging-markets-index-apex-investment-bank-of-sharjah-added-to-small-cap-index%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\/15\/adnoc-gas-dewa-salik-join-msci-emerging-markets-index-apex-investment-bank-of-sharjah-added-to-small-cap-index\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/18.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103680\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/adnoc-gas-dewa-salik-join-msci-emerging-markets-index-apex-investment-bank-of-sharjah-added-to-small-cap-index\/18-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/18.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"18.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/18.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/18.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103679\" class=\"content-area-description single-story post-103679 post type-post status-publish format-standard has-post-thumbnail hentry category-capital-markets tag-adnoc-gas tag-apex-investment tag-bank-of-sharjah tag-capital-markets tag-dewa tag-enterpriseam-uae tag-salik 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\/.087598da-989a-4744-8918-dcae4a3623d5.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Global <\/strong><strong>index builder MSCI added a total of five UAE companies<\/strong> <strong>to two <\/strong><strong>of its indexes<\/strong><strong> in its latest rebalancing of key GCC indexes<\/strong>. The changes will all come into effect after market close on Friday, 30 May. The rebalancing \u2014 which happens every three months in February, May, August, and November \u2014 did not see any UAE equities removed from the indexes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The regional picture:<\/strong> Across the rest of the region, a total of seven Saudi companies were added and another three were removed across two different indexes, while in Oman a total of two companies were added and three were removed from the indexes. Additions from our neck of the woods are primarily focused in construction, energy, and public utilities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>MSCI indexes are widely used benchmarks for global equity markets and stakeholders including institutional investors, portfolio managers, and financial advisors. Investors use the indexes as gauges of market performance, as benchmarks against which to compare other stocks or markets, and to build index tracking funds, among other purposes. To be added, a company must first be listed in an MSCI-designated Emerging Market country, meet minimum market cap thresholds, and boast strong liquidity (with an annualized traded value ratio of at least 15%); without having major restrictions on foreign ownership.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc Gas + Salik + Dewa join emerging markets index:<\/strong> ADX-listed Adnoc Gas, DFM-listed Dubai Electricity and Water Authority (Dewa), and Dubai's toll gate operator Salik were all added to the <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1213.pdf\" style=\"\" rel=\"noopener\">MSCI Emerging Markets Index (<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1213.pdf\" style=\"\" rel=\"noopener\">pdf<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1213.pdf\" style=\"\" rel=\"noopener\">)<\/a>. Adnoc Gas\u2019 inclusion makes it the third Adnoc subsidiary to join the index, after Adnoc Distribution joined the index <a target=\"_blank\" href=\"https:\/\/www.adnocdistribution.ae\/en\/media-folder\/news-listing\/2022\/11\/adnoc-distribution-included-in-msci-emerging-markets-index-effective-27-may-2021\" style=\"\" rel=\"noopener\">in 2021<\/a> and Adnoc Drilling followed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/77dc85db-e75a-42ea-a6c5-a81b678a0885\/this-morning:-ad-ports-close-to-finalizing-izmir-port-acquisition%3F-%2B-gov%25e2%2580%2599t-launches-3q-clean-energy-certificated-auction\" style=\"\" rel=\"noopener\">last year<\/a>. Its inclusion follows the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/98cba81a-d052-4a89-a4ee-e21db322a5b8\/adnoc-completes-sale-of-4%2525-stake-in-adnoc-gas-to-investors\" style=\"\" rel=\"noopener\">secondary sale of a 4% stake<\/a> in the firm to institutional investors in February, which raised its freefloat to 9%, up from 5%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong> While getting added to the MSCI indexes attracts investor attention to the company\u2019s stocks, being excluded isn\u2019t necessarily a sign for concern given that it could be based on not meeting specific index criteria, including a change to the company\u2019s structure, amongst other things. Adnoc Gas\u2019 addition to the index could boost passive inflows by USD 300-500 mn, as well as \u201cdrive greater liquidity\u201d to its stock, the company said in <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1185.pdf\" style=\"\" rel=\"noopener\">a statement (pdf)<\/a>. For Dewa, the inclusion is expected to bring \u201cincreased visibility, enhanced trading liquidity, and passive inflows from index-linked investment products,\u201d with analysts suggesting that it could also see \u201cnotable inflows from global asset managers,\u201d according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1186.pdf\" style=\"\" rel=\"noopener\">a statement (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- Apex Investment and Bank of Sharjah were also added to the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1221.pdf\" style=\"\" rel=\"noopener\">MSCI<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1221.pdf\" style=\"\" rel=\"noopener\"><\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1221.pdf\" style=\"\" rel=\"noopener\">GCC Countries<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1221.pdf\" style=\"\" rel=\"noopener\">Small Cap Index<\/a><\/strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1221.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. No UAE companies were removed from the index. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc-gas\/\">Adnoc Gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/apex-investment\/\">Apex Investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/bank-of-sharjah\/\">Bank of Sharjah<\/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\/dewa\/\">DEWA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/salik\/\">Salik<\/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=\"103681 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=\"103681\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/103681-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103681\" class=\"content-area-description single-story post-103681 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\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=\"103682\" 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=\"103682\">\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\/15\/sobha-realtys-usd-500-mn-sukuk-issuance-was-3x-oversubscribed\/\">\r\n                            Sobha Realty\u2019s USD 500 mn sukuk issuance was 3x oversubscribed                        <\/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\/15\/sobha-realtys-usd-500-mn-sukuk-issuance-was-3x-oversubscribed\/\" 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 paper will be listed on the London Stock Exchange (LSE) and Nasdaq Dubai. Bloomberg reported <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b1239a95-56f4-46c1-9650-387c592698bc\/%253cmark%253esobha%253c%2Fmark%253e-realty-inches-closer-to-issuing-usd-denominated-sukuk\" style=\"\" rel=\"noopener\">last month<\/a> that proceeds from the debt issuance will be used to fund land acquisitions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Strong demand:<\/strong> The offering, which matures in 2029, was 3x oversubscribed with total orders valued at USD 1.5 bn, allowing the issuer to tighten the effective yield to 8%, down from initial price thoughts of c. 8.4%. Some 61% has been allocated to local investors, while 39% was allocated to international investors. The offering is expected to achieve a Ba2\/stable rating by Moody\u2019s and BB\/stable rating by S&P, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sobha\u2019s parent company recently received a rating upgrade:<\/strong> Moody\u2019s upgraded Sobha Realty's parent company PNC Investments\u2019 (PNC) to Ba2 with a stable outlook, up from a previous Ba3 rating, on the back of robust sales, improved credit metrics, strong construction activity, and a backlog of over AED 23 bn. The sukuk is expected to achieve a Ba2\/stable rating from Moody\u2019s and a BB\/stable rating from S&P.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Our friends at <strong>Mashreq <\/strong>are acting as lead managers and bookrunners on the transaction, along with <strong>Abu Dhabi Commercia<\/strong><strong>l Bank<\/strong>, <strong>Abu Dhabi Islamic Bank<\/strong>, <strong>Arqaam Capital<\/strong>, <strong>Dubai Islamic Bank<\/strong>, <strong>Emirates NBD Capital<\/strong>, <strong>JP Morgan<\/strong>, <strong>Rakbank<\/strong>, <strong>Sharjah Islamic Bank<\/strong>, <strong>Standard Chartered <\/strong>and <strong>Warba Bank<\/strong>. <strong>Clifford Chance<\/strong> and <strong>Dentons<\/strong> acted as legal counsels, and <strong>Grant Thornton<\/strong> as financial auditor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT-<\/strong> <strong>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. <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> also 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\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\/nasdaq-dubai\/\">Nasdaq Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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=\"103684\" 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=\"103684\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/masdar-launches-benchmark-fcy-denominated-green-bond\/\">\r\n                            Masdar launches benchmark FCY-denominated green bond                        <\/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\/15\/masdar-launches-benchmark-fcy-denominated-green-bond\/\" target=\"_blank\">\n                    Open in new 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href=\"https:\/\/api.whatsapp.com\/send?text=Masdar+launches+benchmark+FCY-denominated+green+bond+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F05%2F15%2Fmasdar-launches-benchmark-fcy-denominated-green-bond%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\/15\/masdar-launches-benchmark-fcy-denominated-green-bond\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/128.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103685\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/masdar-launches-benchmark-fcy-denominated-green-bond\/128-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/128.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"128.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/128.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/128.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103684\" class=\"content-area-description single-story post-103684 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt tag-debt-watch tag-enterpriseam-uae tag-green-bonds tag-masdar tag-renewables 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\/.4a7ee07b-7a59-4c21-b08d-b23ac550e219.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>State-owned rene<\/strong><strong>wables player Masdar has started selling a benchmark <\/strong><strong>USD-denominated dual-tranche green bond issuance<\/strong> with five- and 10-year tenors, set to be listed on the London Stock Exchange, according to a <a target=\"_blank\" href=\"https:\/\/www.londonstockexchange.com\/news-article\/market-news\/stabilisation-notice\/17035803\" style=\"\" rel=\"noopener\">stabilization notice<\/a>. The issuance is yet to be priced. This is nearly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e0cd7ef9-7627-4210-960d-e5b8108a3fa6\/%253cmark%253emasdar%253c%2Fmark%253e-raises-usd-1-bn-in-second-green-bond-issuance\" style=\"\" rel=\"noopener\">a year after<\/a> Masdar raised USD 1 bn from a similar issuance that carried yields of 4.875% and 5.25%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know: <\/strong>The issuance is reportedly valued at USD 1 bn, and Initial price thoughts (IPTs) were set in the area of 115 bps above US Treasuries for the 5-year notes, and 125 bps above US Treasuries for the 10-year notes, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/capital-markets\/bonds\/uaes-masdar-launches-1bln-dual-tranche-green-bonds-ipts-out-wi5lts55\" style=\"\" rel=\"noopener\">Zawya<\/a> reports. This is part of the company's USD 3 bn EUR Medium Term Note (EMTN) Program, the news outlet said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Proceeds will be earmarked for eligible green projects<\/strong>, in line with Masdar\u2019s Green Finance Framework, Zawya reports, citing an investor document it had seen. Interest will be paid semi-annually on 21 May, and 21 November, the news outlet said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Masdar\u2019s credit rating was recently upgraded:<\/strong> Masdar <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/22bc6e36-5d15-4d67-a556-2532190b7886\/%253cmark%253emasdar%253c%2Fmark%253e-levels-up-to-an-a1-credit-rating-from-moody%25e2%2580%2599s\" style=\"\" rel=\"noopener\">last month<\/a> was upgraded to an A1 credit rating by Moody's, with a stable outlook, up from a previous A2 rating. The upgrade came on the back of strong backing from the Abu Dhabi government and shareholders as the company pursues its 100 GW renewable energy capacity target by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Masdar mandated Abu Dhabi Commercial Bank, Bank of China, BNP Paribas, Cr\u00e9dit Agricole CIB, DBS Bank, First Abu Dhabi Bank, IMI\u2013Intesa Sanpaolo, ING, and JP Morgan as joint lead managers and bookrunners.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103686\" 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=\"103686\">\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\">FINANCIAL SERVICES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/fortress-kimmeridge-open-offices-in-abu-dhabi\/\">\r\n                            Fortress, Kimmeridge open offices in Abu Dhabi ahead of Trump\u2019s visit                        <\/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                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src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103687\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/fortress-kimmeridge-open-offices-in-abu-dhabi\/1336-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1336.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103686\" class=\"content-area-description single-story post-103686 post type-post status-publish format-standard has-post-thumbnail hentry category-financial-services tag-adgm tag-enterpriseam-uae tag-financial-services tag-fortress-investment-group 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\/.ab5f554c-024a-4b55-8d5d-6e9b5bf0a23f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>US<\/strong><strong> asset managers set up shop here ahead of Trump\u2019s visit: <\/strong>US-based alternative asset manager Fortress Investment Group and energy-focused PE firm Kimmeridge Energy Management opened regional bases in ADGM yesterday, in a bid to scale their presence in the Gulf, and deepen ties with Abu Dhabi sovereign wealth giant Mubadala. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mubadala is a backer of both firms: <\/strong>The wealth fund acquired a majority stake in Fortress <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f48245da-37fd-440d-939c-d3bcc0484517\/mubadala-now-owns-68%2525-of-us-asset-manager%253cmark%253e-fortress%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">last May<\/a> in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/081a8afc-6027-4004-8a38-9b111ac40835\/more-on-the-uae%25e2%2580%2599s-private-credit,-crypto,-and-lng-ambitions.-plus:-lulu%25e2%2580%2599s-ipo-gets-more-attention\" style=\"\" rel=\"noopener\">a USD 3 bn transaction<\/a>, and last month Mubadala Energy bought a 24.1% stake into Kimmeridge's natural gas unit <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/29563f67-cda4-434a-9ed0-ae5dfafe0ee9\/mubadala-energy-enters%253cmark%253e-us%253c%2Fmark%253e-market-with-acquisition-of-stake-in-sotex\" style=\"\" rel=\"noopener\">SoTex Holdco<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The game plan:<\/strong> Fortress says it\u2019s looking to ramp up transactions in corporate credit, real estate, and asset-backed investments, the firm said in a <a target=\"_blank\" href=\"https:\/\/www.fortress.com\/media\/2025-05-14-fortress-investment-group-establishes-office-in-abu-dhabi-to-advance-global-strategy\" style=\"\" rel=\"noopener\">statement<\/a>. The company received a financial services permit from ADGM\u2019s Financial Services Authority, and will use its new office as a \u201cregional gateway to Fortress\u2019s global investment capabilities,\u201d the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Mubadala is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6e86a56d-1ae3-4ca0-8f86-31f725993e65\/mubadala-doubles-down-on-private-credit-with-usd-1-bn%253cmark%253e-fortress%253c%2Fmark%253e-tie-up\" style=\"\" rel=\"noopener\">committing USD 1 bn<\/a> to a new strategic partnership with Fortress, with the funds set to be deployed across Fortress\u2019 credit and special situation strategies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- <\/strong>Kimmeridge is sticking to US plays, but has its eyes on Asia\u2019s energy sector, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-14\/fortress-kimmeridge-open-abu-dhabi-outposts-to-hunt-for-deals\" style=\"\" rel=\"noopener\">Bloomberg<\/a> quotes Kimmeridge co-founder Ben Dell as saying. The PE firm wants to develop LNG trading by 2027, and will start hiring traders in Abu Dhabi.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kimmerdige also inked an MoU with Mubadala Energy yesterday to pave the way for future collaboration<\/strong>, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjo5bdq-kimmeridge-opens-office-abu-dhabi%E2%80%99s-adgm-signs-mou\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The Middle East office will be headed by Fay\u00e7al Benjelloun (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/fbenjelloun\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), who was formerly at Mubadala Capital. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adgm\/\">ADGM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-services\/\">financial services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fortress-investment-group\/\">Fortress Investment Group<\/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=\"103688\" 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=\"103688\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/the-earnings-never-end\/\">\r\n                            More 1Q 2025 earnings pour in                        <\/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\/15\/the-earnings-never-end\/\" 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\/15\/the-earnings-never-end\/')\">\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\/15\/the-earnings-never-end\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The earnings never end\u2026&url=https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/the-earnings-never-end\/\">\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\/15\/the-earnings-never-end\/&title=The earnings never end\u2026\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+earnings+never+end%E2%80%A6+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F05%2F15%2Fthe-earnings-never-end%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\/15\/the-earnings-never-end\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103689\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/the-earnings-never-end\/1210-jpg-27\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1210.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103688\" class=\"content-area-description single-story post-103688 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-abu-dhabi-national-insurance-company tag-abu-dhabi-ship-building tag-al-ansari-financial-services tag-amanat-holdings tag-deyaar tag-earnings-watch tag-emirates-insurance tag-enterpriseam-uae tag-fidelity-united tag-lulu-retail tag-mair-group tag-national-general-insurance tag-tabreed tag-union-insurance 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\/.01e9e961-876e-414d-a3e0-767bf6fc4865.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">LULU RETAIL.-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lulu Retail<\/strong><strong> saw its net income rise 15.8% y-o-y to USD 69.7 mn in 1Q 2025<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1127.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Revenue for the quarter was up 7.3% y-o-y to USD 2.1 bn, which Lulu Retail attributed to Ramadan helping to drive like-for-like sales growth of 3.6%, along with \u201cnew store openings and high-volume growth across certain product categories, particularly in fresh food and lifestyle products.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Revenue by market:<\/strong> Lulu said its revenue growth was driven by healthy performance across its footprint, with Saudi Arabia and Oman emerging as its two biggest contributors to revenue growth. Revenue in Saudi Arabia rose 10.3% y-o-y \u2014 which Lulu says was primarily due to new store openings, including two in 1Q 2025 \u2014 while in Oman revenue was up 7.8%. UAE revenue growth came in at 5.2%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AL ANSARI FINANCIAL SERVICES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al <\/strong><strong>Ansari Financial Services reported a 10.2% y-o-y increase in net income to AED<\/strong><strong> 108<\/strong><strong>.9 mn in 1Q 2025<\/strong>, supported by a 7.1% rise in operating income to AED 294.2 mn, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1136.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a> and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1137.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Growth was driven by solid performance across core segments, including remittances, which saw a 4% yearly uptick, banknotes, which increased 7% y-o-y, and business from the Wage Protection System, up 26% y-o-y. Digital transaction volumes jumped 16% y-o-y, making up 24% of total outward remittances.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Al Ansari is gearing up for an active 2Q: <\/strong>The recently closed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dd13d1ff-7bef-4986-8496-eb8d37ff416e\/masdar-now-owns-100%2525-of-terna-energy-%2B-al-ansari-wraps%253cmark%253e-bfc%253c%2Fmark%253e-acquisition\" style=\"\" rel=\"noopener\">acquisition of BFC Group<\/a> will be reflected in 2Q results, while the launch of Al Ansari\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/710fa1c7-9c44-46ce-a5bf-392f030b27dd\/lots-of%253cmark%253e-digital%253c%2Fmark%253e-payments-%2B-fintech-updates.-plus:-new-food-sustainability-roadmap-%2B-updates-from-sharjah-ports,-strategic-development-fund,-and-emirates-airlines\" style=\"\" rel=\"noopener\">digital wallet<\/a> is slated for later <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b4a38701-4f49-40e2-a41c-cb205feea1ec\/al-ansari%253cmark%253e-wallet%253c%2Fmark%253e-is-coming-in-2q-%2B-cord-blood-banking-services-are-now-more-affordable\" style=\"\" rel=\"noopener\">this quarter<\/a>. The firm also expects to finalize its acquisition of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/27bd8350-9556-4dae-973d-357ab8e5d9b0\/emirates,-space42,-spinneys,-and-others-report-3q-earnings\" style=\"\" rel=\"noopener\">Al Ansari Exchange in Kuwait<\/a> by 2Q, with synergies to begin contributing in 3Q.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AMANAT HOLDINGS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Amanat <\/strong><strong>Holdings reported an 8% y-o-y drop in net income to AED 44.4 mn in 1Q<\/strong> <strong>2025<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1139.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Its revenues were up 12.8% y-o-y to AED 240.7 mn, with growth driven by the education segment, where revenues rose 23% y-o-y to AED 152.1 mn, supported by record enrollments and beneficiary growth, the company said in a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1140.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>What weighed on earnings?<\/strong> Healthcare revenue dipped 2% y-o-y to AED 88.6 mn, with growth in Saudi Arabia offset by the wind-down of Covid-related programs in the UAE. Profitability was also impacted by ramp-up and pre-opening costs at new post-acute care facilities in Jeddah and Khobar, and newly launched special education daycare centers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead: <\/strong>Amanat has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/853b1b14-db08-4da1-8e0b-ba96258ea8c5\/dfm-to-divest-non-core-assets-%2B-aqlanx-secures-usd-10-mn-investment\" style=\"\" rel=\"noopener\">exercised its option to sell<\/a> a UAE-based education real estate asset post-period, generating a return above book value. The company said it remains focused on monetization windows and expanding its post-acute care footprint in Saudi Arabia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEYAAR DEVELOPMENTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DFM<\/strong><strong>-listed real estate developer Deyaar posted a 52.8% y-o-y<\/strong><strong> increase in its bottom line to AED 111.5 mn in 1Q 2025,<\/strong> according to the developer's <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1154.pdf\" style=\"\" rel=\"noopener\">financial statements (pdf)<\/a>. Deyaar also saw a 32% y-o-y rise in its top line to AED 433 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Driving growth:<\/strong> Deyaar linked consistent growth to strategic project launches and their ability to identify strong market prospects across emirates, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1155.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Its debut venture in Umm Al Quwain, Aya Beachfront Residences, launched in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bc0c4fd2-6eb2-405f-9062-5198fb4e8593\/mashreq-launches-mashreq-biz,-an-sme-focused-online-banking-platform\" style=\"\" rel=\"noopener\">February<\/a>, expanding the company\u2019s operations to the emirate.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ABU DHABI SHIP BUILDING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu <\/strong><strong>Dhabi Ship Building (ADSB) posted a net income of AED 1 mn in 1Q 2025<\/strong>, a 91.8% y-o-y decrease, according to the company's <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1191.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The drop is attributed to delays in revenue recognition, costs linked to the IDEX and NAVDEX exhibitions, and accumulated accounts receivables of AED 20 mn which should be consolidated in 2Q or 3Q of this year, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1190.pdf\" style=\"\" rel=\"noopener\">separate earnings release (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Its contract revenues fell 8.4% to AED 253.1 mn<\/strong>, with ongoing work including the Falaj 3 contract to build four new maritime patrol vessels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">EMSTEEL-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UA<\/strong><strong>E steel manufacturer Emsteel\u2019s net income dropped some 33% y-o-y to AED 86.3 mn<\/strong><strong> in 1Q 2025<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1132.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The company\u2019s revenues increased roughly 1% to AED 2.2 bn from AED 2.1 bn the year prior. The results come on the back of \u201cchallenging market conditions\u201d that led to export challenges on the back of rising freight costs affecting demand and pricing. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TABREED-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi\u2019<\/strong><strong>s National Central Cooling Company (Tabreed) reported a 3% y-o-y jump in <\/strong><strong>net income to AED 115 mn in 1Q 2025,<\/strong> according to its earnings <a target=\"_blank\" href=\"https:\/\/www.tabreed.ae\/news\/tabreed-releases-q1-2025-financial-results-gears-extensive-growth-new-joint-venture\/\" style=\"\" rel=\"noopener\">release<\/a> and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1157.pdf\" style=\"\" rel=\"noopener\">financial report (pdf)<\/a>. The company\u2019s revenues dipped slightly to AED 465.9 mn. Cooling consumption volumes were down 7% due to colder weather compared to the same period last year. Tabreed still managed to hit 1.3 mn RT of connected capacity, including 4.6k RT of new customer connections in the UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">NATIONAL GENERAL INS.-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>National<\/strong> <strong>General Ins.<\/strong> <strong>has reported a net income of AED 35.6 mn in 1Q 2025<\/strong>, up 17.4% y-o-y, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1130.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The company\u2019s ins. revenues rose 5.4% y-o-y, reaching AED 229.4 mn for the quarter. Meanwhile, total investment income dipped to AED 10.5 mn, down 54.8% from AED 23.2 mn in 1Q 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ADNIC-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi National Ins. <\/strong><strong>Company<\/strong><strong> posted an 18.5% y-o-y net income increase to <\/strong><strong>AED 119.6 mn in 1Q 2025, <\/strong>according to the company's <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1131.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The ins. provider reported a 30% rise in ins. revenues to AED 2 bn, which it attributed to strong underwriting performance, a 27.4% y-o-y growth in gross written premiums to AED 3.9 bn, and contributions from its Saudi unit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnic finalized the integration and rebranding of Allianz Saudi Fransi Cooperative Ins. Company (ASF), <\/strong>following its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7020546e-8ed8-481f-a875-dbd63b7474c4\/%253cmark%253eadnic%253c%2Fmark%253e-completes-acquisition-of-majority-stake-in-riyadh-based-allianz-sf\" style=\"\" rel=\"noopener\">2024<\/a> acquisition of a 51% stake in the company. ASF now operates as Mutakamela Insurance Company and Mutakamela\u2019s financial results are fully consolidated into Adnic\u2019s reporting, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1141.pdf\" style=\"\" rel=\"noopener\">bourse disclosure (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MAIR GROUP-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mair<\/strong> <strong>Group\u2019s bottom line fell 25.9% y-o-y<\/strong>, reaching AED 51.5 mn in 1Q 2025, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1143.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Revenues also dipped to AED 539.9 mn during the quarter, down 9% y-o-y, on the back of a dip in revenues from retail customer contracts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">UNION INS.-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Union <\/strong><strong>Ins. reported a 10.8% y-o-y increase in net income to AED 13.1 mn in 1Q <\/strong><strong>2025<\/strong>, according to the company's <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1145.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The ins. provider saw a 3.5% y-o-y decline in revenues to AED 144 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">FIDELITY UNITED-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fidelity United reported a net loss of AED 11.3 mn in 1Q 2025<\/strong>, reversing a AED 3 mn profit in the same period last year, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1209.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The decline was primarily due to higher-than-expected claims in the commercial and consumer segments, based on a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1208.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. The firm\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0eee48b7-89e2-4100-bebf-2f65b08f3777\/more-earnings-roll-in%25e2%2580%25a6\" style=\"\" rel=\"noopener\">2024 earnings<\/a> showed an AED 66.2 mn net loss.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ins. revenue dropped 16.7% y-o-y to AED 134 mn<\/strong>, in line with the company\u2019s strategy to shift focus toward preferred and profitable segments..<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">T<strong>he company\u2019s accumulated losses reached AED 102.3 mn as of March<\/strong>. The board said in its earnings release that recovery efforts are underway and it expects results to improve by 3Q or 4Q 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">EMIRATES INS.-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates Ins. <\/strong><strong>Company\u2019s<\/strong> <strong>net income<\/strong><strong> declined 17.1% y-o-y to AED 33.8 mn in<\/strong><strong> 1Q <\/strong><strong>2025<\/strong>, on the back of lower investment income and higher expenses, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1210.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The drop came despite a 14.9% y-o-y increase in total ins. income to AED 13.2 mn, buoyed by improved claims performance and higher premiums in motor, property, engineering, and casualty lines. Total ins. revenues rose 20.3% y-o-y to AED 371.4 mn.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/abu-dhabi-national-insurance-company\/\">Abu Dhabi National Insurance Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/abu-dhabi-ship-building\/\">Abu Dhabi Ship Building<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/al-ansari-financial-services\/\">Al Ansari Financial Services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/amanat-holdings\/\">Amanat Holdings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/deyaar\/\">Deyaar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-insurance\/\">Emirates Insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fidelity-united\/\">Fidelity United<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/lulu-retail\/\">Lulu Retail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mair-group\/\">Mair Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/national-general-insurance\/\">National General Insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tabreed\/\">Tabreed<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/union-insurance\/\">Union Insurance<\/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=\"103690\" 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=\"103690\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/standard-chartered-and-emirates-nbd-partner-on-financial-services\/\">\r\n                            Standard Chartered and Emirates NBD partner on financial services                        <\/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\/15\/standard-chartered-and-emirates-nbd-partner-on-financial-services\/\" 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 agreement aims to identify regional ventures to support using the two sides\u2019 portfolios and market expertise. The partnership will focus on digital innovation, venture co-creation, and strategic alliances in financial services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRADE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE-Jordan CEPA kicks in:<\/strong> The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Jordan came into effect today, marking the UAE\u2019s first CEPA with an Arab country, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjo5bdu-uae-jordan-comprehensive-economic-partnership\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The agreement aims to increase bilateral non-oil trade to more than USD 8 bn by 2032, up from USD 5.6 bn in 2024. The agreement will help boost cooperation in renewable energy, pharma, logistics, and tourism. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another four to six CEPAs are set to be finalized this year<\/strong>, Foreign Trade Minister Thani Al Zeyoudi told <a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/137959\/2025\/14\/05\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B1%D8%AC%D9%8A%D8%A9-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D9%86%D8%AA%D9%88%D9%82%D8%B9-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D9%87%D8%A7%D8%A1-%D9%85%D9%86-4-%D8%A5%D9%84%D9%89-6-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A7%D8%AA-%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D8%B4%D8%A7%D9%85%D9%84%D8%A9-%D9%82%D8%A8%D9%84-%D9%86%D9%87%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85\" style=\"\" rel=\"noopener\">CNBC Arabia<\/a>, including with Egypt following ministerial intervention to resolve outstanding issues \u201cwithin days.\u201d Agreements <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/868f5385-408a-42ae-a89f-2d49b4c994e1\/uae-and-ukraine-ink-an-economic-partnership-to-remove-customs-on-most-traded-goods\" style=\"\" rel=\"noopener\">with Ukraine<\/a> and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7a3d8c8a-0144-40cc-a850-bce48907ea67\/uae-finalizes-trade-talks-with-eurasian-economic-union\" style=\"\" rel=\"noopener\">Eurasian Economic Union<\/a> will be ratified in the coming months, while one with Nigeria could be completed before the year-end, he added. Negotiations with the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/60c104fb-5036-4ed3-b4b0-3c40bc0e4b0c\/this-morning:-amman-stock-exchange-joins-tabadul-%2B-uae-%253cmark%253emercosur%253c%2Fmark%253e-trade-agreement-in-2025%3F\" style=\"\" rel=\"noopener\">Mercosur bloc<\/a> and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bdc0391a-4132-41fa-80a3-2f82bb46cf91\/eu,-uae-begin-bilateral-trade-talks\" style=\"\" rel=\"noopener\">EU<\/a>, well as with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8e4a498f-b59f-4ddc-91a1-b12ba854db4a\/uae-mediates-another-exchange-of-war-captives-between-russia-and-ukraine-%2B-kickstarts-talks-for-an-economic-partnership-with-tunisia\" style=\"\" rel=\"noopener\">Tunisia<\/a>, are underway. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">REAL ESTATE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Real<\/strong> <strong>estate developer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ohana-development.com\/\" style=\"\" rel=\"noopener\">Ohana Development<\/a><\/strong><strong> launched <\/strong><strong>an AED 4.7 bn project in<\/strong><strong> Al <\/strong><strong>Jurf<\/strong>, between Dubai and Abu Dhabi, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/ohana-development-launches-jacob-and-co-beachfront-living-by-ohana-es43ovyo\" style=\"\" rel=\"noopener\">press release<\/a>. The Jacob & Co Beachfront Living development features 457 units including sea-view apartments, villas, penthouses, and sky mansions, with prices starting from AED 22 mn and reaching AED 77 mn (and higher) for sky mansions. Completion is set for 2Q 2028. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>MAAIA <\/strong><strong>targets AED 5 bn in UAE sales for this year:<\/strong> Global real estate developer <a target=\"_blank\" href=\"https:\/\/maaia.ae\/\" style=\"\" rel=\"noopener\">MAAIA<\/a> is planning on bringing in AED 5 bn in sales from the UAE market in 2025, following the launch of two new Dubai residential projects \u2014 La Vue in Nad Al Sheba Gardens and La Cle in Al Furjan, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/maaia-plans-to-bring-over-aed-5bln-in-sales-to-the-uae-real-estate-market-in-2025-with-25mln-sq-ft-gfa-uocp7nxe\" style=\"\" rel=\"noopener\">press release<\/a>. The developer\u2019s pipeline includes a major master-planned community in Falcon City.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The detals:<\/strong> The company aims to deliver 2.5 mn sq ft of gross floor area this year, with nearly 5k units planned over the next three years and a total development pipeline of AED 10 bn. La Cle will feature 56 apartments starting from AED 1.1 mn and slated for handover in 4Q 2026, while La Vue is expected to be finished in 2Q 2027 and its residences carry a minimum price tag of AED 1.7 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- German luxury brand <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.brabus.com\/en-int\/real-estate.html\" style=\"\" rel=\"noopener\">Brabus<\/a><\/strong><strong> has launched its first branded residential pro<\/strong><strong>ject <\/strong>\u2014 Brabus Island \u2014 in Abu Dhabi\u2019s Al Seef District, in collaboration with <a target=\"_blank\" href=\"https:\/\/cosmodevelopments.com\/projects\/\" style=\"\" rel=\"noopener\">Cosmo Developments<\/a> and <a target=\"_blank\" href=\"https:\/\/reportageuae.com\/\" style=\"\" rel=\"noopener\">Reportage Group<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/the-german-luxury-car-brand-brabus-enters-the-uae-real-estate-market-for-the-first-time-ogxbwj13\" style=\"\" rel=\"noopener\">press release<\/a>. The development features four towers with 352 high-end units. The group saw strong investor demand, generating AED 4.2 bn in sales through April 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Wasl <\/strong><strong>unveils Jumeriah Golf Estates masterplan: <\/strong>Real estate development and management company Wasl has launched \u201cThe Next Chapter\u201d for Jumeriah Golf Estates, a 4.7 mn sqm project with 51.7k residences connecting the under-construction Etihad Rail station and Dubai Metro, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/jumeirah-golf-estates-unveils-the-next-chapter-masterplan-a-visionary-leap-in-dubais-urban-landscape-y5fk0r9v\" style=\"\" rel=\"noopener\">press release<\/a>. The plan includes six lifestyle districts, a central park, and infrastructure facilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">INFRASTRUCTURE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Smart <\/strong><strong>Cities<\/strong><strong> Council and IFZA launch two new smart city ventures:<\/strong> The Smart Cities Council (SCC) and Dubai-based <a target=\"_blank\" href=\"https:\/\/ifza.com\/en\/\" style=\"\" rel=\"noopener\">International Freezone Authority<\/a> (IFZA) have set up two new joint ventures, Smart Cities Council Middle East and the Smart Cities Academy, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjnjvxr-ifza-smart-cities-council-partner-drive\" 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>One builds, one teaches: <\/strong>Smart Cities Council Middle East will act as a regional hub to support the deployment of smart urban solutions. Smart Cities Academy will focus on education and training programs on smart cities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IFZA has also launched Scale360<\/strong> \u2014 a Dubai-based platform built in collaboration with <a target=\"_blank\" href=\"https:\/\/www.plugandplaytechcenter.com\/\" style=\"\" rel=\"noopener\">Plug and Play<\/a> \u2014 aiming to link startups with corporate partners and capital. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HEALTHCARE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Burjeel <\/strong><strong>Holdings opens specialized blood disorder center in Abu Dhabi:<\/strong> Homegrown private healthcare group Burjeel Holdings has opened the Thalassemia and Sickle Cell Center at Abu Dhabi\u2019s Burjeel Medical City (BMC), according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/health\/under-the-patronage-of-sheikha-bint-saif-burjeel-holdings-launches-thalassemia-and-sickle-cell-centre\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The facility offers outpatient services and a seven-day transfusion unit, as well as lifelong management for transfusion-dependent thalassemia, non-transfusion-dependent thalassemia, and sickle cell disease.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/burjeel-holdings\/\">Burjeel Holdings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a 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   <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103692\" 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=\"103692\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/wall-streets-rebound-cools-as-investors-await-new-data\/\">\r\n                            Wall Street\u2019s rebound cools as investors await new data                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    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 \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\/15\/wall-streets-rebound-cools-as-investors-await-new-data\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1252.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"103693\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/wall-streets-rebound-cools-as-investors-await-new-data\/1252-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1252.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1252.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1252.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1252.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103692\" class=\"content-area-description single-story post-103692 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-china tag-enterpriseam-uae tag-financial-markets tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.33a2258a-7aba-4293-839d-972bd1a47579.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global stocks were mostly up on Wednesday as the US-China tariff truce continued to <\/strong><strong>support risk appetite \u2014<\/strong> though gains were modest as traders waited for new data and clarity on the Federal Reserve\u2019s next moves.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Markets at a glance:<\/strong> The S&P 500 rose 0.1% for its sixth consecutive day in the green, extending this week\u2019s rally and adding slightly to its YTD gains after <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4286fb1e-3ad2-468b-ba40-a93ef20c2c29\/us-stocks-extend-rally-on-softer-inflation-data\" style=\"\" rel=\"noopener\">wiping out year-to-date losses<\/a> on Tuesday. The Nasdaq was up 0.6%, while the Dow Jones slipped 0.2%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>USD finds footing after recent slide \u2014 and yields edge higher:<\/strong> The greenback strengthened against a basket of major currencies and US Treasury yields ticked higher as investors await retail and producer price data.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gold tumbles as safe-haven demand fades:<\/strong> Gold prices <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/easing-us-china-trade-tensions-send-gold-lower-safe-haven-demand-weakens-2025-05-14\/\" style=\"\" rel=\"noopener\">fell to a one-month low<\/a> as easing trade tensions weighed on demand for the yellow metal. Spot gold dropped 2% to USD 3,182 an ounce, while US gold futures fell 1.8% to USD 3,188.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cautious optimism sets in \u2014 but doubts remain:<\/strong> \u201cIt\u2019s all about the change in risk appetite,\u201d Danske Bank\u2019s Lars Skovgaard told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/global-markets-wrapup-1-2025-05-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. \u201cI have a hard time seeing that we\u2019ll go back to this extreme political noise.\u201d However, Gavekal Research\u2019s Wei He argued that \u201cthere\u2019s still plenty of uncertainty about the outlook,\u201d pointing to the fact that US tariffs on Chinese goods remain significantly higher than pre-2025 levels. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All eyes on the Fed and April\u2019s data:<\/strong> With inflation easing but trade policies still in flux, the Fed has signaled it will wait and assess the full impact before moving on rates. Vice Chair Philip Jefferson <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/feds-jefferson-expect-economy-slow-future-inflation-uncertain-due-tariffs-2025-05-14\/\" style=\"\" rel=\"noopener\">said<\/a> yesterday that the CPI data showed progress toward the Fed\u2019s 2% target, but noted the risk that new import levies could drive prices higher. Fed Chair Jerome Powell is expected to speak today, markets will also be on the lookout for April\u2019s producer price index and retail sales data, both of which are due later today.<\/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 in the red in early trading this morning. <\/strong>Japan\u2019s Nikkei is down 1.2%, the Shanghai Composite is looking at losses of 0.4%, the Hang Seng and Korea\u2019s Kospi are both down 0.2%. <\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tbody>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,621<\/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: +2.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,360<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% (YTD: +3.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">4,419<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.6% (YTD: +6.1%)<\/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\">4.2% 1 yr<\/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>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\">11,532<\/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\">+0.0% (YTD: -4.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">31,828<\/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: +7.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,893<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +0.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">8,585<\/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: +5.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,403<\/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: +10.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 65.84<\/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\">-1.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas (Nymex) <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.49<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-4.3%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3,188<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.8%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 103,501<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.8% (YTD: +10.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">0.0% (YTD: +1%)<\/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>S&P MENA Bond & 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\">143.0<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0% (YTD: +2.2%)<\/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>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\">18.62<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+2.2% (YTD: +7.3%)<\/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 fell 0.1% yesterday<\/strong> on turnover of AED 1.8 bn. The index is up 2.2% 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>Space42 (+10.0%), Gulf Medical Projects Company (+9.9%) and Presight AI Holding (+7.1%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Al Khaleej Investment (-7.0%), Gulf Cement Co (-3.2%), and Abu Dhabi Islamic Bank (-3.1%). <\/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 0.1% on turnover of AED 664.5 mn. Meanwhile, Nasdaq Dubai was down 0.6%.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"103694\" 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=\"103694\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/15\/big-day-for-saudi-uae-cooperation-as-abu-dhabi-crown-prince-attends-gulf-us-summit\/\">\r\n                            Big day for Saudi-UAE cooperation as Abu Dhabi Crown Prince attends Gulf-US Summit                        <\/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\/15\/big-day-for-saudi-uae-cooperation-as-abu-dhabi-crown-prince-attends-gulf-us-summit\/\" 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 summit focused on GCC-US cooperation and regional security, with the Crown Prince commending Trump for the US\u2019 mediation of a ceasefire between India and Pakistan, and for its talks with Iran, as well as highlighting key areas of cooperation with the US, including economic development, energy, and technological advancement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- The Crown Prince met with Saudi Crown Prince and Prime Minister Mohammed bin Salman to discuss ways to strengthen bilateral cooperation<\/strong>, according to a separate <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/crown-prince-news\/crown-prince-of-abu-dhabi-meets-saudi-crown-prince-on-sidelines-of-gulf-us-summit-in-riyadh\/\" 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>AND- President Sheikh Mohamed bin Zayed Al Nahyan also sat down with Saudi Defense Minister Prince Khalid bin Salman bin Abdulaziz Al Saud<\/strong> to discuss boosting cooperation, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjo5bjn-uae-president-receives-prince-khalid-bin-salman\" 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\">\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>IN OTHER DIPLOMACY NEWS- <\/strong><strong>UAE<\/strong><strong>, Luxembourg deepen finance and fintech tie<\/strong><strong>s in Dubai talks: <\/strong>Finance Minister Maktoum bin Mohammed bin Rashid Al Maktoum met with Luxembourg\u2019s Finance Minister Gilles Roth to explore deeper collaboration in finance, trade, education, and technology, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bjnjw0k-maktoum-bin-mohammed-meets-with-minister-finance\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Talks tackled cross-border investment, fintech cooperation, and sustainable finance.  <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/economy-ministry\/\">Economy Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/finance-ministry\/\">Finance Ministry<\/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=\"103696\" 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\/15\/103696-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-103696\" class=\"content-area-description single-story post-103696 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>13-15 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/worldpolicesummit.com\/\" style=\"\">World Police Summit<\/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-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iuhpe2025-abudhabi.com\/#:~:text=This%20landmark%20event%20will%20take,advancing%20global%20health%20and%20wellbeing.\" style=\"\">International Union for Health Promotion and Education Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-15 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/cabsat.com\/\" style=\"\">Cabsat Middle East and Satellite Middle East,<\/a><\/span><span style=\"font-weight:400;\"> Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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>13-15 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/satexpome.com\/\" style=\"\">SATExpo 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 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>14-15 May (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/hodlsummit.com\/\" style=\"\">HODL 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>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): Deadline to submit bids for Dewa\u2019s tender for pumping stations.<\/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 India-UAE Partners in Progress Conclave 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>16 May (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/investopia.ae\/events\/investopia-europe-3rd-edition\/\" style=\"\">Investopia<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/investopia.ae\/events\/investopia-europe-3rd-edition\/\" style=\"\">Europe<\/a><\/span><span>, Palazzo Mezzanotte, <\/span><span>Milan<\/span><span style=\"font-weight:400;\">, Italy.<\/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 style=\"font-weight:400;\">United Nations Water Conference 2026, UAE<\/span><\/li>\n<li><span style=\"font-weight:400;\">The first edition of Dubai Future Finance Week.<\/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\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>XRG snaps up stake in Turkmenistan gas block | Adnoc Gas, Dewa, Salik join MSCI indexes | Sobha Realty, Masdar tap debt markets<\/p>\n","protected":false},"featured_media":103673,"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-103672","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"54e12fd7-6b3a-450d-9154-4dde20f93733","teaser":"XRG snaps up stake in Turkmenistan gas block | Adnoc Gas, Dewa, Salik join MSCI indexes | Sobha Realty, Masdar tap debt markets","photo_url":"https:\/\/ent.news\/2025\/5\/983.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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