{"id":105021,"date":"2025-06-30T00:00:00","date_gmt":"2025-06-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=105021"},"modified":"2025-12-15T04:11:09","modified_gmt":"2025-12-15T04:11:09","slug":"cbuae-revises-down-its-growth-forecast-for-the-uae-in-2025-on-growing-economic-uncertainty","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/cbuae-revises-down-its-growth-forecast-for-the-uae-in-2025-on-growing-economic-uncertainty\/","title":{"rendered":"CBUAE revises down its growth forecast for the UAE in 2025 on growing economic uncertainty"},"content":{"rendered":"<section id=\"105023\" 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=\"105023\">\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\/06\/30\/this-morning-uae-on-track-to-surpass-saudi-arabia-in-construction-contracts-for-the-first-time-in-years\/\">\r\n                            THIS MORNING: UAE on track to surpass Saudi Arabia in construction contracts for the first time in years                        <\/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\/06\/30\/this-morning-uae-on-track-to-surpass-saudi-arabia-in-construction-contracts-for-the-first-time-in-years\/949-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/949.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"949.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/949.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/949.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105023\" class=\"content-area-description single-story post-105023 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-abu-dhabi-fund-for-development tag-construction tag-dubai-financial-services-authority tag-emirates-airlines tag-energy tag-enterpriseam-uae tag-infrastructure tag-ma tag-roads-and-transport-authority tag-sharjah tag-shipping tag-sidara tag-tourism 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\/6\/.cacb1921-f3dd-40cb-b883-16c055b0814a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, lovely people, and welcome to the final workday of June. <\/strong>We hope you had plenty of time to recharge during the long weekend, because judging by the news cycle this morning, things are already back to business as usual. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We have several big stories here at home<\/strong>, including the <strong>Central Bank of the UAE revising its growth forecast for the year downwards<\/strong> amid global economic uncertainty, <strong>XRG\u2019s consortium granted due diligence for its Santos takeover<\/strong>, and <strong>Mubadala unwinding its private credit partnership with BlackRock<\/strong>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER-<\/strong><strong> It\u2019s a mostly cloudy day today<\/strong>, with <strong>Dubai<\/strong> set to see a high of 40\u00b0C today, and an overnight low of 31\u00b0C. <strong>Abu Dhabi<\/strong> will see a high of 36\u00b0C and an overnight low of 31\u00b0C.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1-<\/strong> <strong>Dubai<font face=\"Arial\">&nbsp;<\/font><\/strong><strong>regulator reportedly searches Magellan Capital\u2019s offices after whistleblower report: <\/strong>The Dubai Financial Services Authority (DFSA) searched the offices of hedge fund startup Magellan Capital last month, after a former trader accused senior executive Ahmed Omar of concealing losses and blocking staff from escalating risk concerns, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-26\/hedge-fund-magellan-capital-s-office-searched-by-dubai-regulator\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing people familiar with the matter. DFSA officials examined company laptops and phones and questioned employees onsite, though the regulator declined to comment on whether a formal investigation is underway. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The search came after ex-portfolio manager Britney Lam (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/britney-lam-cfa-19a8681\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) filed complaints with both the DFSA and the UK\u2019s Financial Conduct Authority (FCA) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/12047409-0932-4f7f-92c8-e10c9c723ec7\/this-morning:-emirates-nbd-to-set-up-unit-in-india-%2B-ex-%253cmark%253emagellan%253c%2Fmark%253e-trader-files-complaints-over-alleged-regulatory-breaches\" style=\"\" rel=\"noopener\">in May<\/a>. Lam, who left Magellan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9ad7361e-339d-4a5d-acfb-a2aff644d0ed\/adnoc-gas-taps-new-ceo-%2B%253cmark%253e-magellan%253c%2Fmark%253e-capital-loses-portfolio-manager--report\" style=\"\" rel=\"noopener\">last October<\/a> after just five months, alleged regulatory breaches and said she raised concerns in a whistle-blower letter to the board that went unaddressed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Magellan has denied the allegations<\/strong>, saying it is not FCA-regulated and does not manage external client funds. The firm, which had been preparing to launch with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7c68199e-1476-4418-b998-894267a2ce1b\/%253cmark%253emagellan%253c%2Fmark%253e%253cmark%253e-capital%253c%2Fmark%253e-to-launch-usd-700-mn-hedge-fund\" style=\"\" rel=\"noopener\">USD 700 mn<\/a> in proprietary capital backed by a Middle Eastern family office, said it maintains full ownership oversight, third-party audits, and whistleblower policies. <\/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- Also under scrutiny\u2026<\/strong><strong>:<\/strong> UK oilfield services firm Wood Group \u2014 which is currently the target of a takeover bid by UAE-based Sidara \u2014 is under investigation by the FCA over its accounting practices, the company said in a <a target=\"_blank\" href=\"https:\/\/www.woodplc.com\/news\/latest-press-releases\/2025\/notice-of-investigation-by-the-fca\" style=\"\" rel=\"noopener\">statement<\/a>. The probe covers activity between January 2023 and November 2024, and follows an earlier independent review into how the firm booked certain contracts and exceptional charges. Wood missed its 2024 results filing deadline in April, and its shares have been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/eb133b89-f5ca-493d-8038-443ccae9d33d\/bilateral-chip-agreement-with-the-us-could-be-on-the-table-during-talks-with-trump-in-mid-may\" style=\"\" rel=\"noopener\">suspended from trading<\/a> since 1 May.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The company has been the subject of an on-again, off-again takeover bid from Dubai-based Sidara for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/de98445d-93db-4679-a8ea-e4fb0f1e69be\/%253cmark%253esidara%253c%2Fmark%253e-gets-access-to-due-diligence-on-wood-group\" style=\"\" rel=\"noopener\">over a year<\/a>. The bid deadline was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6ec07438-ca14-44ca-a7fd-ee5291d5aafb\/this-morning:-israel-strikes-iran-in-biggest-attack-on-the-country-since-iraq-war-%2B-president-heads-to-g7-summit-this-sunday\" style=\"\" rel=\"noopener\">recently extended to today<\/a> to allow time to resolve pre-conditions tied to debt restructuring, liquidity, and the delayed audit. Sidara\u2019s latest allcash offer values Wood at USD 318.4 mn with a USD 450 mn debt package, and has been described by Wood\u2019s board as a \u201cbetter option\u201d for shareholders \u2014 though it marks a sharp drop from earlier proposals that valued the firm at GBP 1.6 bn before financial governance issues surfaced.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a><strong> #3-<\/strong> <strong>T<\/strong><strong>he UAE is on track to surpass Saudi Arabia in construction awards for<\/strong><strong> the first <\/strong><strong>time since 2018<\/strong>, with USD 31 bn in contracts awarded so far this year compared to USD 20.6 bn in the kingdom, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-26\/uae-overtakes-saudi-arabia-in-project-awards-as-kingdom-eases-up\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing MEED data. The shift reflects strong momentum in the UAE\u2019s infrastructure and real estate sectors, while Saudi Arabia pulls back amid funding pressures, rising costs, and shifting priorities. Contracts for the KSA\u2019s Vision 2030 giga projects have fallen to just USD 4 bn this year, down from USD 24 bn in 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Things could still change: <\/strong>Activity may rebound in 2H as contracts linked to the 2034 FIFA World Cup are rolled out. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Dubai&nbsp;<\/strong><strong>to revamp construction sector evaluation: <\/strong>Dubai Municipality will roll out new performance criteria for contracting companies and engineering consultancies starting 2026, as part of efforts to tighten oversight and raise industry standards, according to a Dubai Media Office <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/june\/29-06\/dubai-municipality-suspends-two-consultancy-offices-for-violating-professional-practice-regulations\" style=\"\" rel=\"noopener\">statement<\/a>. The updated evaluation system will assess firms based on financial solvency, Emiratization rates, corporate social responsibility involvement, project delivery timelines, use of advanced technologies, and client feedback. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In context: <\/strong>The move came after the Committee of Registration and Licensing the Practice suspended two engineering consultancy offices for six months over ethical and professional concerns. <\/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=\"wwtt4\"><\/a> <strong>#5-<\/strong> <strong>ADFD <\/strong><strong>backs UAE-GCC power grid link-up:<\/strong> The Abu Dhabi Fund for Development (ADFD) signed an AED 752 mn (c. USD 205 mn) financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA) to expand the GCC power grid\u2019s link with the UAE, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bkdqxzg-adfd-gccia-sign-aed752-million-agreement-expand\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The project includes a 400 KV double-circuit transmission line between the UAE\u2019s Al Silaa substation and Saudi Arabia\u2019s Salwa substation, upgrades to substations in Gonan, Al Silaa, and Salwa, and new protection and control systems, and will see the transmission capacity increase from 1.2 GW to 3 GW.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The goal: <\/strong>The expansion aims to strengthen grid capacity, improve emergency response, and boost cross-border power trade. GCCIA said similar interconnection projects with Kuwait, Oman, and southern Iraq are in the pipeline, representing a combined investment of over USD 1 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming: <\/strong>The ADFD was set to fully finance the expansion, for which the GCC Interconnection Authority is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f3c9e723-64fa-4c6a-bbf2-691b62c695ed\/this-morning:-adnoc-eyes-acquisitions-of-natgas-fields-in-the-us--report-%2B-sharjah%25e2%2580%2599s-economy-to-grow-7.5%2525-this-year%3F\" style=\"\" rel=\"noopener\">aiming to award contracts<\/a> by mid-year as part of a rush to complete the projects by 2027. The authority had already received 8-10 bids for the expansion with the UAE and Oman. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher: <\/strong>The Gulf Electricity Interconnection Project stretches over around 913 km from Kuwait to Oman and plans to connect all six gulf countries. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong>Shipping <\/strong><strong>b\u2019naire John Fredriksen has shuttered his London business base and <\/strong><strong>relocated operations to the UAE<\/strong>, saying the UK \u201chas gone to hell\u201d amid mounting dissatisfaction with the economy and tax policy, <a target=\"_blank\" href=\"https:\/\/www.standard.co.uk\/business\/billionaire-shipping-nondom-john-fredriksen-oil-tankers-b1234987.html\" style=\"\" rel=\"noopener\">The Standard<\/a> reports. Seatankers Management closed its headquarters on Sloane Square, and the Norwegian-born oil tanker mogul \u2014 worth an estimated GBP 13.7 bn according to <a target=\"_blank\" href=\"https:\/\/www.thetimes.com\/sunday-times-rich-list\" style=\"\" rel=\"noopener\">the Sunday Times Rich List<\/a> \u2014 is among a wave of wealthy residents leaving the UK following the Labor party\u2019s dismantling of the non-dom tax regime in April.<\/p>\n<p class=\"tag-border-left\">DATA POINT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong>The <\/strong><strong>UAE<\/strong><strong>\u2019s travel and tourism sector contributed AED 257.3 bn to the national GDP in <\/strong><strong>2024<\/strong>, representing 13% of the economy, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bkdqyds-mohammed-bin-rashid-uae-among-top-global\" style=\"\" rel=\"noopener\">Wam<\/a> reports, citing data from the World Travel and Tourism Council. The figure marks a 26% increase from 2019 pre-pandemic levels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>International visitor spending was over AED 217.3 bn<\/strong>, up 30.4% from 2019, while domestic tourism expenditure grew 41% from the same year to AED 57.6 bn. Key source markets included India (14%), the UK (8%), Russia (8%), China (5%), and Saudi Arabia (5%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown:<\/strong> The sector generated USD 8.6 bn in tax revenue, or 5.4% of government income. WTTC projects international tourism spending will grow by 5.2% this year to reach AED 228.5 bn, whilst domestic spending is set for a 4.3% uptick to AED 60 bn.<\/p>\n<p class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong>#1-<\/strong> <strong>Sharjah<\/strong> <strong>launches instant commercial license: <\/strong>The Sharjah Economic Development Department (SEDD) has rolled out a new service allowing investors to obtain a commercial license within one working day, without requiring a lease contract or memorandum of association in the first year, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15n5ivk-sedd-launches-%E2%80%98instant-licence%E2%80%99-service\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The license covers office-based activities that don\u2019t require external approvals and permits for up to three employees. Standard licensing requirements must be fulfilled starting in the second year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Emirates <\/strong><strong>will maintain its suspension of flights to and from Tehran until at least Saturday, <\/strong><strong>5 <\/strong><strong>July at the earliest<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/eg\/english\/help\/travel-updates\/\" style=\"\" rel=\"noopener\">statement<\/a>. The decision comes despite a ceasefire ending the 12-day conflict between Iran and Israel. Most UAE carriers have resumed normal operations following the recent tensions.<\/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>Israel\u2019s attack on Iran\u2019s Evin Prison killed dozens:<\/strong> Israel\u2019s attack on Tehran\u2019s Evin Prison last week killed 71 people, Iranian judiciary spokesperson Asghar Jahangir confirmed yesterday. The prison holds political prisoners and foreigners, marking a shift from Israel\u2019s attacks on military and nuclear sites. Victims included administrative staff, military conscripts, detainees, visiting family members, and nearby residents. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/iran-says-71-killed-israeli-strike-evin-prison-2025-06-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/06\/29\/world\/middleeast\/evin-prison-iran.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/israel-iran-war-nuclear-06-29-2025-da0d0f6e1a9bf89a30a2589e73cff2ad\" style=\"\" rel=\"noopener\">Associated Press<\/a> | <a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/middle-east\/20250629-israeli-attack-on-tehran-s-evin-prison-killed-71-iran-judiciary-says\" style=\"\" rel=\"noopener\">France24<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Another DeepSeek?<\/strong> Chinese tech giant Baidu will open source its Ernie generative AI model today, in what experts are calling China\u2019s biggest AI move since DeepSeek. While some analysts see it as a challenge to US giants like OpenAI and Anthropic, others say its global impact will hinge on security concerns and market trust. \u201cBaidu just threw a Molotov into the AI world,\u201d Epic Loot founder Alec Strasmore told <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/06\/29\/china-biggest-ai-drop-since-deepseek-baidus-ernie-to-hit-market.html\" style=\"\" rel=\"noopener\">CNBC<\/a>, adding that it could trigger a price war in AI services.<\/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. 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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">ECONOMY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/cbuae-revises-down-its-growth-forecast-for-the-uae-to-4-4-in-2025\/\">\r\n                            CBUAE revises down its growth forecast for the UAE to 4.4% in 2025                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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       <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"105027\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/cbuae-revises-down-its-growth-forecast-for-the-uae-to-4-4-in-2025\/1532-jpg-26\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1532.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105026\" class=\"content-area-description single-story post-105026 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-central-bank-of-the-uae tag-economy tag-enterpriseam-uae tag-gdp tag-manufacturing tag-tourism tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.f12f11ae-c00d-405c-ba1a-132406bf7eec.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>CBUAE r<\/strong><strong>evises down its growth forecast for the UAE this year: <\/strong>The Central Bank of the UAE (CBUAE) now sees real GDP growing by 4.4% in 2025 \u2014 up from 4.0% in 2024 \u2014- before accelerating further to 5.4% in 2026, it said in its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1601.pdf\" style=\"\" rel=\"noopener\">Quarterly Economic Review (pdf)<\/a>. The projections for both this year and next year are down 0.3 percentage points from the CBUAE\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e95173c0-b4ed-49cf-8c38-460f770da475\/cbuae,-icaew-are-upbeat-on-the-uae%25e2%2580%2599s-growth-this-year\" style=\"\" rel=\"noopener\">last forecast in March<\/a>, when it predicted 4.7% growth and 5.7% growth in 2025 and 2026, respectively.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The downward revision was attributed to \u201cthe effects of slower global economic activity, increased uncertainty and falling oil prices,\u201d<\/strong><span style=\"background-color: transparent;\"> the report reads.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Driving the growth:<\/strong> The hydrocarbon sector is expected to grow by 4.1% in 2025 \u2014 up from just 1.0% in 2024 \u2014 before expanding further to 8.1% in 2026. This is attributed to OPEC+ production plans as well as \u201cupstream and midstream activities in the oil and gas sector.\u201d Meanwhile, non-oil growth is set to slow down to 4.5% this year, compared to 5% growth in 2024. The non-oil sector will continue to grow on the back of ongoing investment-friendly policies that foster innovation in sectors from manufacturing and tourism to transport and the digital economy, the report said<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Downside risks remain:<\/strong> Growth projections for both 2025 and 2026 are marred by risks stemming from issues including unresolved global trade policy, as well as lower oil prices and renewed geopolitical tensions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the upside<\/strong>, the UAE\u2019s growth prospects could be boosted by \u201cthe successful execution of reform agendas combined with diversification strategies,\u201d as well as the signing of trade agreements, investment projects, and further integration of artificial intelligence, the report read.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As for inflation,<\/strong> the CBUAE slightly lowered its inflation forecast for 2025 down by a 0.1 percentage point to 1.9, which it attributed to a \u201ccontinuous downward trend in transportation costs\u201d and \u201cmoderating energy prices.\u201d Inflation is expected to remain unchanged in 2026, reflecting a 0.2 percentage point downward revision from the bank\u2019s previous forecast for next year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The regional outlook:<\/strong> The CBUAE sees economic growth in the GCC region increasing to 3.2% in 2025, up from an estimated 1.8% in 2024, with the UAE and KSA cited as the main drivers of the uptick. This is a 0.3 percentage point decrease from the bank\u2019s previous forecast, which is attributed to \u201clower hydrocarbon revenues and, to some extent, non-hydrocarbon sectors.\u201d Growth in the GCC is expected to accelerate to 4.3% in 2026, due to a recovery in oil production that is expected to come in tandem with a robust performance in the non-hydrocarbon sector.<\/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\/central-bank-of-the-uae\/\">Central Bank of the UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/economy\/\">Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/gdp\/\">GDP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/manufacturing\/\">MANUFACTURING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"105028\" 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=\"105028\">\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\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/mubadala-unwinds-its-asian-private-credit-partnership-with-blackrock\/\">\r\n                            Mubadala unwinds its Asian private credit partnership with BlackRock                        <\/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\/06\/30\/mubadala-unwinds-its-asian-private-credit-partnership-with-blackrock\/\" 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\/06\/30\/mubadala-unwinds-its-asian-private-credit-partnership-with-blackrock\/')\">\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\/06\/30\/mubadala-unwinds-its-asian-private-credit-partnership-with-blackrock\/\">\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=Mubadala unwinds its Asian private credit partnership with BlackRock&url=https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/mubadala-unwinds-its-asian-private-credit-partnership-with-blackrock\/\">\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\/06\/30\/mubadala-unwinds-its-asian-private-credit-partnership-with-blackrock\/&title=Mubadala unwinds its Asian private credit partnership with BlackRock\">\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=Mubadala+unwinds+its+Asian+private+credit+partnership+with+BlackRock+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F06%2F30%2Fmubadala-unwinds-its-asian-private-credit-partnership-with-blackrock%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\/06\/30\/mubadala-unwinds-its-asian-private-credit-partnership-with-blackrock\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1231.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"105029\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/mubadala-unwinds-its-asian-private-credit-partnership-with-blackrock\/1231-jpg-24\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1231.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1231.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1231.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1231.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105028\" class=\"content-area-description single-story post-105028 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-blackrock tag-china tag-enterpriseam-uae tag-investment tag-investment-watch tag-mubadala wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.d966b203-8e9b-4483-9b7d-e52852396ffd.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Mub<\/strong><strong>adala Investment and BlackRock ended their Asia-focused private <\/strong><strong>credit <\/strong><strong>partnership, citing challenges in sourcing transactions<\/strong>, sources familiar with the matter told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-27\/blackrock-mubadala-unwind-partnership-for-asia-private-credit\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. The partnership, which focused on investments in China and Indonesia, deployed a limited amount of capital since its launch in 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What went wrong?<\/strong><span style=\"background-color: transparent;\"> In China, the partnership struggled to source transactions that met its target return profile\u2014reportedly in the mid-teens. In Indonesia, progress was hindered by the departure of Christopher Ganis, BlackRock\u2019s head of private credit, who left to join the Indonesia Investment Authority early on during the partnership. More uncertainty followed with the recent exit of Celia Yan, BlackRock\u2019s head of Asia-Pacific private credit, who joined Apollo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mubadala is still bullish on Asia-Pacific investments:<\/strong> The sovereign investor last year formed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/42cb5948-afc5-4bb0-b1cf-4b5305d243ac\/mubadala-%25f0%259f%2592%2597-private-credit\" style=\"\" rel=\"noopener\">USD 1 bn<\/a> private credit partnership with Goldman Sachs, and has committed funds to PAG\u2019s renewable energy fund <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1b7a3881-f2bc-484f-a722-2c2885b92265\/mubadala-snaps-up-49%2525-stake-in-spanish-pipes-manufacturer\" style=\"\" rel=\"noopener\">PAG REN I<\/a>, and India\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/79120814-b4a4-4d24-ae42-4a65b2d12ef1\/%253cmark%253e%253c%2Fmark%253emubadala%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253einvests%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ein%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eindian%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ehealthcare%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253enetwork%253cmark%253e%253c%2Fmark%253e-%2B%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253eglobalpharma%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eto%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emanufacture%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253esaudi%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emeds%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ein%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ethe%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253euae%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">Manipal Health Enterprises<\/a>. These moves are part of Mubadala\u2019s broader plan to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d7d44d55-0d98-431e-a516-f7e3f97c4615\/gdp-growth-will-accelerate-this-year,-reuters-poll-suggests-%2B%253cmark%253e-mubadala%253c%2Fmark%253e-is-doubling-down-on-asia\" style=\"\" rel=\"noopener\">more than double<\/a> its exposure to Asia, aiming to raise the region\u2019s share of its portfolio to 25% from 12%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>UAE sovereign funds continue to eye APAC investments. Mubadala is expected to be a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cdd5c349-fbc4-4c72-803d-085f9959d8cd\/this-morning:-mubadala-eyes-investment-in-hong-kong-based-ins.-firm-fwd-group-holdings%25e2%2580%2599-ipo%3F\" style=\"\" rel=\"noopener\">cornerstone investor<\/a> in the upcoming IPO of Hong Kong\u2019s FWD Group Holdings, while the Abu Dhabi Investment Authority is reportedly exploring stakes in India\u2019s education loan provider <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e8ca3d5f-118d-4fdb-ae83-5e4b0e2024a4\/visa-overstay-amnesty-period-in-september-%2B-could-someone-acquire-the-spectator-from-redbird-imi-as-soon-as-this-month%3F\" style=\"\" rel=\"noopener\">HDFC Credila Financial Services<\/a> and telco <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/12705fb4-dc92-4634-b9c0-6596b0801213\/this-morning:-adia-eyes-stake-in-vodafone-idea%3F-%2B-flying-taxis-could-come-earlier-than-expected\" style=\"\" rel=\"noopener\">Vodafone Idea<\/a>.<\/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\/blackrock\/\">BlackRock<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mubadala\/\">Mubadala<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"105030 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=\"105030\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/105030-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105030\" class=\"content-area-description single-story post-105030 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=\"105031\" 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=\"105031\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/mubadala-buys-30-stake-in-hong-kong-headquartered-pallet-pooling-company-loscam\/\">\r\n                            Mubadala buys 30% stake in Hong Kong-headquartered pallet pooling company Loscam                        <\/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 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data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1656.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1656.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105031\" class=\"content-area-description single-story post-105031 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseam-uae tag-investment tag-ma tag-ma-watch tag-mubadala wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.ff8e79b2-e393-432e-8950-855dbc0ea30f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Muba<\/strong><strong>dala to acquire a significant stake in Loscam Int\u2019l: <\/strong>Mubadala Investment\u2019s subsidiary Mamoura Diversified Global Holdings signed a share purchase agreement to acquire a 30% stake in Hong Kong-headquartered pallet pooling and returnable packaging company <a target=\"_blank\" href=\"https:\/\/www.loscam.com\/en\" style=\"\" rel=\"noopener\">Loscam International Holdings<\/a>, for a total of USD 566.6 mn (RMB 4.1 bn), according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1602.pdf\" style=\"\" rel=\"noopener\">a disclosure (pdf)<\/a>. The purchase price was based on a company valuation of RMB 11.8 bn on 31 December 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Meet Loscam:<\/strong><span style=\"background-color: transparent;\"> The company provides pallet and returnable packaging solutions, including leasing, maintenance, cleaning, and related services for goods transport across Australia, New Zealand, Southeast Asia, and Greater China, according to its website. The company is currently 45% owned by China Merchants Shipping, 33% by CITIC Capital Maneuver, and 22% by FV Pallet. As of the end of last year, Loscam\u2019s net assets amounted to RMB 5.7 bn (USD 795 mn). Also, its net income rose 4% y-o-y to RMB 477 mn (USD 66.6 mn) in 2024.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The sellers?<\/strong> China Merchants Shipping will sell a 25% stake, CITIC Capital Maneuver will divest 3%, and FV Pallet will offload 2%. This makes Mubadala and CITIC the largest shareholders in the company, with each holding a 30% stake.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mubadala\u2019s acquisition of a stake in Loscam marks a significant expansion of its logistics <\/strong><strong>portfolio<\/strong>, deepening its exposure in the global supply chain and infrastructure space beyond its existing investments, which currently include Australian Logistics Platform and PCI Pharma Services. The move also aligns with Mubadala\u2019s broader push to diversify into resilient, asset-backed sectors with long-term growth potential, while tapping into the demand for more efficient, sustainable logistics systems in fast-growing markets.<\/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\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"105033\" 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=\"105033\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/xrg-led-consortium-kicks-off-due-diligence-for-santos-takeover\/\">\r\n                            XRG-led consortium kicks off due diligence for Santos takeover                        <\/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\/06\/30\/xrg-led-consortium-kicks-off-due-diligence-for-santos-takeover\/\" 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\/06\/30\/xrg-led-consortium-kicks-off-due-diligence-for-santos-takeover\/')\">\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\/06\/30\/xrg-led-consortium-kicks-off-due-diligence-for-santos-takeover\/\">\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=XRG-led consortium kicks off due diligence for Santos takeover&url=https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/xrg-led-consortium-kicks-off-due-diligence-for-santos-takeover\/\">\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\/06\/30\/xrg-led-consortium-kicks-off-due-diligence-for-santos-takeover\/&title=XRG-led consortium kicks off due diligence for Santos takeover\">\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=XRG-led+consortium+kicks+off+due+diligence+for+Santos+takeover+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F06%2F30%2Fxrg-led-consortium-kicks-off-due-diligence-for-santos-takeover%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\/06\/30\/xrg-led-consortium-kicks-off-due-diligence-for-santos-takeover\/\">\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=\"105034\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/xrg-led-consortium-kicks-off-due-diligence-for-santos-takeover\/691-jpg-5\/\" 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-105033\" class=\"content-area-description single-story post-105033 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-abu-dhabi-national-oil-company tag-adnoc tag-enterpriseam-uae tag-investment tag-ma tag-ma-watch 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\/6\/.86613038-4379-445f-8bae-0be1ee66bad0.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Australian oil and gas producer Santos granted the consortium led by <\/strong><strong>Adnoc\u2019s international investment arm XRG six-week <\/strong><strong>exclusive due diligence access<\/strong>, starting 27 June, as part of a potential USD 18.7 bn takeover, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1610.pdf\" style=\"\" rel=\"noopener\">a disclosure(pdf)<\/a>. During this exclusivity period, Santos is bound by \u201cno shop,\u201d \u201cno talk,\u201d and \u201cno due diligence\u201d clauses, though a fiduciary exception remains in place should a superior offer emerge after four weeks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Background: <\/strong><span style=\"background-color: transparent;\">The consortium, which includes Abu Dhabi sovereign wealth fund ADQ and private equity firm Carlyle, submitted earlier this month an indicative, <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/880333ba-6d4b-40a6-a7f0-09290a549c1c\" rel=\"noopener\">non-binding USD 18.7 bn takeover<\/a><span style=\"background-color: transparent;\"> bid to acquire Santos. The consortium would pay USD 5.76 (AUD 8.89) per share as part of the transaction.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Goldman Sachs and JB North &amp; Co are financial advisors to Santos, while Rothschild &amp; Co is acting as independent board advisor. Herbert Smith Freehills Kramer is acting as legal advisor to Santos.<\/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-oil-company\/\">Abu Dhabi National Oil Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"105035\" 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=\"105035\">\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\">CRYPTO<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/uae-based-crypto-fund-aqua1-bought-usd-100-mn-worth-of-wlfi-tokens\/\">\r\n                            UAE-based crypto fund Aqua1 bought USD 100 mn worth of WLFI tokens                        <\/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\/06\/30\/uae-based-crypto-fund-aqua1-bought-usd-100-mn-worth-of-wlfi-tokens\/\" 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\/06\/30\/uae-based-crypto-fund-aqua1-bought-usd-100-mn-worth-of-wlfi-tokens\/')\">\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\/06\/30\/uae-based-crypto-fund-aqua1-bought-usd-100-mn-worth-of-wlfi-tokens\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE-based crypto fund Aqua1 bought USD 100 mn worth of WLFI tokens&url=https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/uae-based-crypto-fund-aqua1-bought-usd-100-mn-worth-of-wlfi-tokens\/\">\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\/06\/30\/uae-based-crypto-fund-aqua1-bought-usd-100-mn-worth-of-wlfi-tokens\/&title=UAE-based crypto fund Aqua1 bought USD 100 mn worth of WLFI tokens\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE-based+crypto+fund+Aqua1+bought+USD+100+mn+worth+of+WLFI+tokens+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F06%2F30%2Fuae-based-crypto-fund-aqua1-bought-usd-100-mn-worth-of-wlfi-tokens%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\/06\/30\/uae-based-crypto-fund-aqua1-bought-usd-100-mn-worth-of-wlfi-tokens\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1854.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"105036\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/uae-based-crypto-fund-aqua1-bought-usd-100-mn-worth-of-wlfi-tokens\/1854-jpg-21\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1854.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1854.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1854.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1854.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105035\" class=\"content-area-description single-story post-105035 post type-post status-publish format-standard has-post-thumbnail hentry category-crypto tag-crypto tag-enterpriseam-uae tag-investment 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\/6\/.9168260d-5b70-4d98-a3ba-6b91814d32da.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE-b<\/strong><strong>ased crypto fund <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.aqua1.foundation\/\" style=\"\" rel=\"noopener\">Aqua1 Foundation<\/a><\/strong><strong> purchased USD 100 mn worth of <\/strong><strong>the <\/strong><strong>World Liberty Financial tokens, WLFI<\/strong>, making it the largest individual investor in the digital asset project, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/uae-fund-buys-100-million-trumps-world-liberty-tokens-2025-06-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Blockchain data shows that Aqua1\u2019s wallet, aqua1.eth, received 800 mn WLFI tokens in three separate transactions about two weeks ago, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-26\/trump-s-crypto-project-gets-100-million-from-uae-based-fund\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The investment will be used to develop blockchain-powered financial applications<\/strong><span style=\"background-color: transparent;\">, including stablecoins and the digitization of traditional assets. \u201cWLFI and Aqua 1 will jointly identify and nurture high-potential blockchain projects together,\u201d Aqua1\u2019s founding partner, Dave Lee said. Aqua1\u2019s investment and compliance teams will also support World Liberty's expansion into South America, Europe, and Asia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The purchase gives Aqua1 extra perks<\/strong>, including voting rights on the project's governance decisions. While the token is currently non-tradable, World Liberty says it is working to make the token transferable.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>World Liberty also plans to support the launch of Aqua1\u2019s UAE-based Aqua Fund<\/strong>, aimed at accelerating digital economy transformation in the Middle East through blockchain and artificial intelligence. Details on the fund\u2019s regional partners have not yet been disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> This is not the first vote of confidence in the Trump-backed crypto venture from a UAE firm. In May 2025, Abu Dhabi\u2019s AI fund MGX invested <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7bab49e8-2f1e-44b5-b3d4-2b66b9a09336\/mgx-invests-landmark-usd-2-bn-in-binance\" style=\"\" rel=\"noopener\">USD 2 bn<\/a> via <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/eb133b89-f5ca-493d-8038-443ccae9d33d\/bilateral-chip-agreement-with-the-us-could-be-on-the-table-during-talks-with-trump-in-mid-may\" style=\"\" rel=\"noopener\">World Liberty\u2019s USD1 stablecoin<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7bab49e8-2f1e-44b5-b3d4-2b66b9a09336\/mgx-invests-landmark-usd-2-bn-in-binance\" style=\"\" rel=\"noopener\"><\/a> into Binance. Abu Dhabi\u2019s DWF Labs also acquired <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4a8ff03d-06a2-4635-972e-9bf37aff1f4c\/dwf-labs-expands-into-the-us-and-buys-usd-25-mn-worth-of%253cmark%253e-world-liberty%253c%2Fmark%253e-financial-tokens\" style=\"\" rel=\"noopener\">USD 25 mn<\/a> worth of tokens issued by World Liberty in April 2025.<\/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\/crypto\/\">CRYPTO<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"105037\" 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=\"105037\">\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\">POLICY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/dubai-greenlights-education-air-quality-construction-policies\/\">\r\n                            Dubai greenlights policy reforms in education, air quality, legal mediation, and public construction                        <\/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\/06\/30\/dubai-greenlights-education-air-quality-construction-policies\/\" 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\/06\/30\/dubai-greenlights-education-air-quality-construction-policies\/')\">\n             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   <\/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\/06\/30\/dubai-greenlights-education-air-quality-construction-policies\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1627.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"105038\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/dubai-greenlights-education-air-quality-construction-policies\/1627-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1627.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1627.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1627.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1627.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105037\" class=\"content-area-description single-story post-105037 post type-post status-publish format-standard has-post-thumbnail hentry category-policy tag-carbon-emissions tag-construction tag-dubai tag-education tag-enterpriseam-uae tag-law tag-policy tag-regulation 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\/6\/.5af75fdd-d8be-4c46-9f81-261ceca51325.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dubai <\/strong><strong>greenlights new policy reforms to boost FDI, liveability: <\/strong>Dubai\u2019s Executive Council, chaired by Crown Prince Hamdan bin Mohammed, approved a package of policies covering higher education, career guidance, air quality, dispute resolution, and government construction oversight, according to a Dubai Media Office <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2025\/june\/26-06\/hamdan-bin-mohammed-chairs-meeting-of-the-executive-council\" 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 style=\"background-color: transparent;\">Ambitious goals for higher education: <\/strong><span style=\"background-color: transparent;\">A new strategy aims to position Dubai among the world\u2019s top 10 cities for university students by 2033, with international students making up 50% of total enrollments. The higher education sector is projected to contribute AED 5.6 bn to GDP. Plans include reforms to student visas, expanded scholarships, and incentives to attract top 200-ranked global institutions. A parallel career guidance policy targets employment for 90% of Emirati graduates within six months.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Environment and legal reforms are on the table: <\/strong>The Council approved Dubai\u2019s Air Quality Strategy 2030, which seeks to meet clean air standards on 90% of days and cut fine particulate matter (PM2.5) concentrations to 35 micrograms per cubic m. The strategy involves coordination across multiple government entities, including Dubai Municipality, Dewa, RTA, and DP World.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Dubai International Mediation Center was also approved to offer cost-effective <\/strong><strong>dispute resolution services.<\/strong> The initiative, developed in partnership with Europe\u2019s ADR Center, aims to improve Dubai\u2019s civil justice rankings and attract foreign investment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Construction oversight framework introduced: <\/strong>A new governance policy will categorize public construction projects by size and cost, aiming to standardize procedures, improve oversight, and better align spending with fiscal priorities. It supports the Dubai Economic Agenda D33, which targets AED 700 bn in government spending over the next decade, up from AED 512 bn over the past 10 years.<\/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\/carbon-emissions\/\">carbon emissions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/construction\/\">CONSTRUCTION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/policy\/\">policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"105039\" 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=\"105039\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/cbuaes-t-sukuk-for-june-5-6x-oversubscribed\/\">\r\n                            CBUAE\u2019s T-sukuk for June 5.6x 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\/06\/30\/cbuaes-t-sukuk-for-june-5-6x-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/cbuaes-t-sukuk-for-june-5-6x-oversubscribed\/')\">\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\/06\/30\/cbuaes-t-sukuk-for-june-5-6x-oversubscribed\/\">\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=CBUAE\u2019s T-sukuk for June 5.6x oversubscribed&url=https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/cbuaes-t-sukuk-for-june-5-6x-oversubscribed\/\">\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\/06\/30\/cbuaes-t-sukuk-for-june-5-6x-oversubscribed\/&title=CBUAE\u2019s T-sukuk for June 5.6x oversubscribed\">\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=CBUAE%E2%80%99s+T-sukuk+for+June+5.6x+oversubscribed+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F06%2F30%2Fcbuaes-t-sukuk-for-june-5-6x-oversubscribed%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\/06\/30\/cbuaes-t-sukuk-for-june-5-6x-oversubscribed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2667.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"105040\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/cbuaes-t-sukuk-for-june-5-6x-oversubscribed\/2667-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2667.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2667.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2667.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2667.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105039\" class=\"content-area-description single-story post-105039 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-central-bank-of-the-uae tag-debt tag-debt-watch tag-islamic-finance tag-sukuk wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.f0256b64-88ce-4544-b8f6-f54b4219f9b7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The C<\/strong><strong>entral Bank of the UAE\u2019s (CBUAE) AED 1.1 bn T-Sukuk auction in June was 5.6x <\/strong><strong>oversubscribed<\/strong>, receiving AED 6.21 bn in bids, with participation from eight primary investors, according to a Finance Ministry <a target=\"_blank\" href=\"https:\/\/x.com\/MOFUAE\/status\/1938230194138910959\" style=\"\" rel=\"noopener\">statement on X<\/a> on Thursday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The details:<\/strong><span style=\"background-color: transparent;\"> The auction included two tranches \u2014 the first tranche is set to mature in May 2027, offering a yield of 3.88%, while the second tranche will mature in August 2028 with a yield of 3.83%. The yields represent a spread of 2 basis points above comparable US Treasuries.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>June\u2019s auction builds on successive oversubscribed auctions over the past months this year,<\/strong> including one in May <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3b2b727a-6da1-4dc6-a55d-c0aaefe4a7b2\/cbuae%E2%80%99s-t-sukuk-for-may-2025-6.3x-oversubscribed\" style=\"\" rel=\"noopener\">seeing<\/a> 6.3x in demand after receiving AED 6.9 bn in bids, while April\u2019s auction <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/37bb08fc-32f3-4594-9f0b-6cb82728aa46\/CBUAE%E2%80%99s%20T-sukuk%20for%20April%202025%20was%205.6x%20oversubscribed\" style=\"\" rel=\"noopener\">drew<\/a> AED 6.1 bn in bids. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9f4fcdd1-33f1-4605-94ca-996117789483\" style=\"\" rel=\"noopener\">February\u2019s auction<\/a> was 6.5x oversubscribed and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ad4a8914-4fe4-4f5f-aa88-81a4c1789295\/cbuae%25e2%2580%2599s-t-%253cmark%253esukuk%253c%2Fmark%253e-for-1q-2025-oversubscribed-6.3x\" style=\"\" rel=\"noopener\">January\u2019s<\/a> AED 6.9 bn gave it a subscription rate of 6.3x.<\/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\/central-bank-of-the-uae\/\">Central Bank of the UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/islamic-finance\/\">Islamic finance<\/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=\"105041\" 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=\"105041\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/global-ventures-backs-decentralized-cloud-startup-policloud-with-eur-7-5-mn-funding-round\/\">\r\n                            Global Ventures backs decentralized cloud startup PoliCloud with EUR 7.5 mn funding round                        <\/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\/06\/30\/global-ventures-backs-decentralized-cloud-startup-policloud-with-eur-7-5-mn-funding-round\/\" 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\/06\/30\/global-ventures-backs-decentralized-cloud-startup-policloud-with-eur-7-5-mn-funding-round\/')\">\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\/06\/30\/global-ventures-backs-decentralized-cloud-startup-policloud-with-eur-7-5-mn-funding-round\/\">\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=Global Ventures backs decentralized cloud startup PoliCloud with EUR 7.5 mn funding round&url=https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/global-ventures-backs-decentralized-cloud-startup-policloud-with-eur-7-5-mn-funding-round\/\">\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\/06\/30\/global-ventures-backs-decentralized-cloud-startup-policloud-with-eur-7-5-mn-funding-round\/&title=Global Ventures backs decentralized cloud startup PoliCloud with EUR 7.5 mn funding round\">\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=Global+Ventures+backs+decentralized+cloud+startup+PoliCloud+with+EUR+7.5+mn+funding+round+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F06%2F30%2Fglobal-ventures-backs-decentralized-cloud-startup-policloud-with-eur-7-5-mn-funding-round%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\/06\/30\/global-ventures-backs-decentralized-cloud-startup-policloud-with-eur-7-5-mn-funding-round\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2335.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"105042\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/global-ventures-backs-decentralized-cloud-startup-policloud-with-eur-7-5-mn-funding-round\/2335-jpg-24\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2335.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2335.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2335.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2335.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105041\" class=\"content-area-description single-story post-105041 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-enterpriseam-uae tag-global-ventures tag-startup-watch tag-startups wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.1b4f1c69-ec3e-4064-86fc-61532502daf9.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dubai<\/strong><strong>-based <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.global.vc\/\" style=\"\" rel=\"noopener\">Global Ventures<\/a><\/strong><strong> led a EUR 7.5 mn seed investment round for <\/strong><strong>French <\/strong><strong>sovereign cloud provider <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.policloud.com\/\" style=\"\" rel=\"noopener\">PoliCloud<\/a><\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1587.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The funding round also saw participation from <a target=\"_blank\" href=\"https:\/\/www.inria.fr\/en\/our-history\" style=\"\" rel=\"noopener\">Inria<\/a>, <a target=\"_blank\" href=\"https:\/\/www.oneragtime.com\/\" style=\"\" rel=\"noopener\">OneRagtime<\/a>, and Mi8, and the new capital will be used to hire the operating team and grow its business globally, focusing on public entities in Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The pitch: <\/strong><span style=\"background-color: transparent;\">The investment comes amid European efforts to diversify the USD 800 bn cloud market away from reliance on US-based providers. PoliCloud already deployed four systems since its February 2025 launch and is projected to bring in revenues of EUR 6 mn this year. The company's distributed model claims lower operational costs than traditional hyperscale cloud providers.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About PoliCloud:<\/strong> The Cannes-based company provides sovereign cloud infrastructure through a decentralized network of micro-data centers. Cities like Cannes have used its PoliCloud system, as have private firms like Data Factory.<\/p>\n<p class=\"tag-border-left\">IN OTHER STARTUP NEWS<strong>-<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai-based <\/strong><strong>startup-focused entrepreneurial platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.idea-l.com\/\" style=\"\" rel=\"noopener\">idea-L<\/a><\/strong> <strong> secured USD 1 m<\/strong><strong>n in pre-seed <\/strong><strong>funding<\/strong> to develop its AI and Web3 platform that guides entrepreneurs from concept to funded venture, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/dubai-based-idea-l-raises-1mln-in-oversubscribed-pre-seed-to-launch-ai-powered-cofounder-platform-across-the-middle-east-f01w1a5e\" style=\"\" rel=\"noopener\">press release<\/a>. The oversubscribed funding round was led by angel investors and includes undisclosed partnership commitments.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where will the money go: <\/strong>The funding will support technical hiring and launch plans for the company's GovToken and decentralized VC fund. idea-L's core product, the Idea Realization Platform, uses AI for rapid venture validation through its fast-feasibility tool, with additional features for market analysis and funding access set to be rolled out by the end of the year.<\/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\/global-ventures\/\">Global Ventures<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"105043\" 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=\"105043\">\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\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/dubai-investments-names-new-coo-and-acting-cfo\/\">\r\n                            Dubai Investments names new COO and acting CFO                        <\/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\/06\/30\/dubai-investments-names-new-coo-and-acting-cfo\/\" 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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Masood is the firm\u2019s CFO, and his previous roles include CFO of Septech Holdings and positions at Cupola Group, and Adnoc Distribution. Shah is currently Dubai Investments\u2019 finance director, and he previously held leadership positions at KPMG Lower Gulf. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Hany <\/strong><strong style=\"background-color: transparent;\">Mahmoud Farag <\/strong><strong style=\"background-color: transparent;\">submitted his resignation as CEO of the National Corporation for <\/strong><strong style=\"background-color: transparent;\">Tourism and Hotels (NCTH)<\/strong><span style=\"background-color: transparent;\">, effective today, according to a <\/span><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1605.pdf\" rel=\"noopener\">bourse disclosure (pdf)<\/a><span style=\"background-color: transparent;\">. The move comes as Farag retires. The statement did not specify a successor.<\/span><\/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\/dubai-investments\/\">Dubai Investments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/national-corporation-for-tourism-and-hotels\/\">National Corporation for Tourism and Hotels<\/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=\"105045\" 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=\"105045\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/a-new-uae-china-trade-hub\/\">\r\n                            A new UAE-China trade hub                        <\/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\/06\/30\/a-new-uae-china-trade-hub\/\" 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\/06\/30\/a-new-uae-china-trade-hub\/')\">\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\/06\/30\/a-new-uae-china-trade-hub\/\">\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=A new UAE-China trade hub&url=https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/a-new-uae-china-trade-hub\/\">\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\/06\/30\/a-new-uae-china-trade-hub\/&title=A new UAE-China trade hub\">\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=A+new+UAE-China+trade+hub+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F06%2F30%2Fa-new-uae-china-trade-hub%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\/06\/30\/a-new-uae-china-trade-hub\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1631.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"105046\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/a-new-uae-china-trade-hub\/1631-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1631.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1631.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1631.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1631.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105045\" class=\"content-area-description single-story post-105045 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-adgm tag-agility-global tag-also-on-our-radar tag-artificial-intelligence tag-business tag-capital-markets tag-china tag-debt tag-dubai tag-emaar tag-enterpriseam-uae tag-environment tag-fitch-ratings tag-hospitality tag-proptech tag-real-estate tag-trade tag-uae-china-relations tag-uae-india-relations wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.afe83e9f-bfb6-4a85-b4b0-9c8a7652af0b.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">BUSINESS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE <\/strong><strong>+ China launch Qingdao trade hub: <\/strong>The UAE and China launched the Qingdao Overseas Integrated Service Center (QOISC) at the China-Arab Business Forum to support growing trade and investment between China and the Arab world, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/uae-and-china-launch-qingdao-overseas-integrated-service-centre-to-increase-400bln-china-arab-trade-kl07jg7u\" style=\"\" rel=\"noopener\">press release<\/a>. Backed by Chinese construction and engineering firm SEPCOIII and manufacturer Hisense, the center will use the UAE as a regional base to help Chinese firms expand across the MENA region, and boost exports to local markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The launch comes as China-Arab trade topped USD 400 bn in 2024<\/strong><span style=\"background-color: transparent;\">, up from just USD 36.7 bn twenty years before. At the forum, USD 5.9 bn in new agreements were signed across sectors including energy, advanced manufacturing, and information technology.<\/span><\/p>\n<p class=\"tag-border-left\">FACILITIES MANAGEMENT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Solutions<\/strong><strong>+ and Serco expand IFM venture: <\/strong>Mubadala-owned consultancy <a target=\"_blank\" href=\"https:\/\/solutionsplus.ae\/\" style=\"\" rel=\"noopener\">Solutions+<\/a> and UK-based services firm <a target=\"_blank\" href=\"https:\/\/www.serco.com\/\" style=\"\" rel=\"noopener\">Serco<\/a> are scaling up their joint venture, Khadamat Facilities Management, into a consolidated national operator for integrated facilities management (IFM), according to a <a target=\"_blank\" href=\"https:\/\/solutionsplus.ae\/solutions-and-serco-partner-to-build-national-champion-in-facilities-management\/\" style=\"\" rel=\"noopener\">statement<\/a>. The expansion will see IFM contracts from both companies rolled into Khadamat, which will also serve as the platform for future agreements. Service delivery will focus on sectors including healthcare, transport, real estate, and government infrastructure. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale: <\/strong>The restructuring aims to streamline operations and build local capabilities, while advancing Emiratization and long-term infrastructure goals. \u201cBy combining our digital-first approach with Serco\u2019s international IFM expertise, we are setting a new benchmark for integrated service excellence,\u201d Solutions+ Managing Director Nasir Al Nabhani said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Serco\u2019s UAE footprint is growing: <\/strong>The company recently secured a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7c6b5c95-9924-46dc-ae84-0adb5b794df2\/meraas-hands-naresco-aed-450-mn-contract-for-dubai%25e2%2580%2599s-city-walk\" style=\"\" rel=\"noopener\">five-year, AED 495 mn contract extension<\/a> with Dubai Airports until 2030, covering guest services at Dubai International and Al Maktoum International airports. <\/p>\n<p class=\"tag-border-left\">CAPITAL MARKETS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More global firms look to ADGM<\/strong><strong>:<\/strong> US quantitative trading firm Jane Street Group applied to establish operations in ADGM, according to regulatory filings, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-26\/jane-street-set-to-join-financial-firms-flocking-to-abu-dhabi\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The move marks the company's first physical presence in the Middle East as it eyes expansion after last year saw it bring in USD 20.5 bn in trading revenues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the only one: <\/strong>German asset manager firm DWS Group, with USD 1.2 tn in assets under management, is also looking to set up shop in ADGM, the news outlet reported citing sources familiar with the matter. The firm\u2019s Middle East and Africa head of coverage Joe Kiwan will relocate from Paris to lead the new office. Initial staffing will include three sales specialists, with plans for future expansion.<\/p>\n<p class=\"tag-border-left\">PROPTECH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Coralytics <\/strong><strong>AI partners up with US and France on proptech platform: <\/strong>UAE-based AI firm Coralytics entered a three-party agreement with France's <a target=\"_blank\" href=\"https:\/\/www.snpi.fr\/\" style=\"\" rel=\"noopener\">National Union of Real Estate Professionals<\/a> (SNPI) and US tech firm RealtyFeed to develop an AI-powered platform for real estate professionals, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/coralytics-ai-snpi-and-realtyfeed-unite-at-vivatech-bk2k06z7\" style=\"\" rel=\"noopener\">press release<\/a>. The collaboration will focus on creating standardized solutions for property listings that comply with Real Estate Standards Organization protocols, and will be initially deployed in the French real estate market.<\/p>\n<p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Mana<\/strong><strong>m <\/strong><strong>launches AED 175 mn Dubai residential project: <\/strong>Oman-based real estate firm Manam began construction on Manam Pearl, an AED 175 mn residential tower in Dubai's Al Furjan district, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/arabic\/business\/%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%85%D9%86%D8%A7%D9%85-%D8%A8%D9%8A%D8%B1%D8%A7-%D8%A7%D9%84%D8%B9%D9%85%D8%A7%D9%86%D9%8A-%D8%A8-175-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D8%B1%D9%87%D9%85-%D9%81%D9%8A-%D9%81%D8%B1%D8%AC%D8%A7%D9%86-%D8%AF%D8%A8%D9%8A\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports. The 17-story project will contain 77 apartments and is Manam's second major Emirati project following its AED 40 mn Manam Prime project in Dubai South. The company is also planning a third development in Al Jaddaf worth AED 225 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Shamal taps Khansaheb for AED 1 bn contract: <\/strong>Dubai-based investment firm <a target=\"_blank\" href=\"https:\/\/www.shamal.com\/\" style=\"\" rel=\"noopener\">Shama<\/a><a target=\"_blank\" href=\"https:\/\/www.shamal.com\/\" style=\"\" rel=\"noopener\">l<\/a> has appointed <a target=\"_blank\" href=\"https:\/\/www.khansahebcivilengineering.com\/en\/\" style=\"\" rel=\"noopener\">Khansaheb Civil Engineering<\/a> as the main contractor for Dubai Harbour Residences in a transaction valued at over AED 1 bn, according to the <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2025\/june\/26-06\/shamal-advances-construction-of-dubai-harbour-residences-with-appointment-of-main-works-contractor\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. Foundation and beachfront formation works on the seafront residential district are already complete, with Khansaheb now set to begin main construction, working alongside the project\u2019s development partner Dubai-based H&amp;H.<\/p>\n<p class=\"tag-border-left\">DEBT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Fitch <\/strong><strong>affirms Emaar Properties' BBB rating: <\/strong>Fitch Ratings maintained Emaar Properties' long-term issuer default rating at BBB, with a stable outlook, according to a <a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/corporate-finance\/fitch-affirms-emaar-properties-pjsc-idr-at-bbb-outlook-stable-26-06-2025\" style=\"\" rel=\"noopener\">rating commentary<\/a>. The decision reflects the firm\u2019s consistent performance across business units, strong order book, robust four-to-five year project pipeline, and solid netcash position at the end of last year. The firm recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5ea35903-90f6-45a2-9f15-988b7cc9cfc5\/ad-ports%25e2%2580%2599-kezad-expands-al-ma%25e2%2580%2599mourah-project-with-business-district\" style=\"\" rel=\"noopener\">received an upgraded rating<\/a> to BBB+, from BBB earlier, from S&amp;P Global, while Moody\u2019s raised Emaar\u2019s rating to Baa1 from Baa2 with a stable outlook.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Al Farwaniya<\/strong><strong> Project Development secures additional financing for Reem <\/strong><strong>Mall: <\/strong>Al Farwaniya Project Development, the developer of Al Reem Mall, secured a USD 100 mn incremental credit facility for the mall\u2019s refinancing program, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1613.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. The new commitment expands AFPD's existing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fdfee674-1f96-4965-a6f6-9e203242a3b7\/%253cmark%253e%253c%2Fmark%253enew%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eaed%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253e375%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emn%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253edubai%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ehotel%253cmark%253e%253c%2Fmark%253e-%2B%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253ee%253cmark%253e%253c%2Fmark%253e&amp;%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253eteams%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eup%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ewith%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emotorola%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emobility%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eon%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eb2b%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eenterprise%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emobility%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253esolutions%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">multiyear credit facility<\/a> guaranteed by Agility Global. Proceeds will partially repay a short-term facility provided by an Agility Global subsidiary.<\/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\/agility-global\/\">Agility Global<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/artificial-intelligence\/\">artificial intelligence<\/a>\n      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   story-section            \"\r\n            id=\"105047\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/investors-flee-long-term-us-bonds-as-trump-tax-bill-revives-debt-fears\/\">\r\n                            Investors flee long-term US bonds as Trump tax bill revives debt fears                        <\/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            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 <\/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\/06\/30\/investors-flee-long-term-us-bonds-as-trump-tax-bill-revives-debt-fears\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/360.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"105048\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/30\/investors-flee-long-term-us-bonds-as-trump-tax-bill-revives-debt-fears\/360-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/360.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"360.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/360.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/360.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105047\" class=\"content-area-description single-story post-105047 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-bonds tag-enterpriseam-uae tag-financial-markets tag-investment 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\/6\/.b4cfeee4-57e3-4d97-8eb7-9f5519994052.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investors are pulling out of long term US bond funds at the fastest pace since early 2020<\/strong>, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/75a4acf6-b3fa-4a90-8b4e-4c0724afd407\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports. Nearly USD 11 bn left long-dated government and corporate bond funds in 2Q \u2014 a stark reversal from the average USD 20 bn in inflows over the past three years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The bigger picture: <\/strong><span style=\"background-color: transparent;\">The US bond market is often used as a reflection of wider investor sentiment, with recent outflows pointing to a growing discomfort with the long end of the treasury curve amid ballooning supply, political dysfunction, and renewed inflation risks from Trump\u2019s tariff agenda. Inflation is also expected to rise as the effect of the trade levies start to be felt, dampening confidence even more by eroding yields on longer-dated bonds.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another USD tns in debt still to come? <\/strong>At the same time, a sweeping tax-and spending package advanced by the Republican-controlled US Senate over the weekend is deepening investor jitters over the country\u2019s long-term fiscal outlook, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/us-senate-republicans-aim-push-ahead-trumps-sweeping-tax-cut-spending-bill-2025-06-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. If the senate passes the bill, it returns to the House for final approval before heading to Trump\u2019s desk.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The bill: <\/strong>The legislation \u2014 which would extend Trump-era tax cuts, raise military and border spending, and lift the debt ceiling by USD 5 tn \u2014 passed a procedural hurdle by 51-49 after hours of backroom negotiations. Analysts predict it could add USD tns to the current USD 36.2 tn worth of US government debt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Higher inflation is bad for long-term bonds: <\/strong>Currently, inflation \u2014 to which longer-dated bonds are sensitive as the value of fixed-interest payments erodes over time \u2014 remains above the target, and investors are already demanding high yields to absorb the supply. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the flip side<\/strong>, funds holding short-term US debt have seen over USD 39 bn in inflows this quarter as yields remain strong after the Fed\u2019s decision to keep short-term rates high. Greater diversity in maturity dates for holdings is also an option for investors, RBC Global Asset Management\u2019s Andrzej Skiba told the Financial Times. <\/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 mostly in the green<\/strong>, as data out of Japan showed an increase in industrial output and China\u2019s purchasing managers\u2019 index showed another month of contraction. Japan\u2019s Nikkei hit a six-month high, rising 1.5%, while China\u2019s CSI 300 rose 0.2%. On the flip side, Hong Kong\u2019s Hang Seng lost 0.5%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on Wall Street<\/strong>, futures have also inched up after another rally last Friday, which saw the S&amp;P 500 and Nasdaq notch new records. <\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,886<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.8% (YTD: +5.0%)<\/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>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\">5,684<\/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\">+1.3% (YTD: +10.2%)<\/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>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\">4,663<\/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\">+1.4% (YTD: +12.0%)<\/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-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>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-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">11,203<\/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% (YTD: -7.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">33,207<\/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: +11.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,173<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +5.0%)<\/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>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\">8,799<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.7% (YTD: +7.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,326<\/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\">+1.6% (YTD: +8.8%)<\/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>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 67.44<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.7%<\/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 3.68<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.5%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-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 3,269<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.6%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 108,166<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.7% (YTD: +15.3%)<\/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>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\">AED 3.6<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.6% (YTD: +1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P MENA Bond &amp; Sukuk<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">145.29<\/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: +3.8%)<\/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>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\">16.32<\/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\">-1.6% (YTD: -5.9%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADX rose 0.8% on Thursda<\/strong><strong>y<\/strong> on turnover of AED 1.9 bn. The index is up 5.0% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Al Khaleej Investment (+7.9%), Rak Properties (+7.6%) and Abu Dhabi National Co. for Building Materials (+7.5%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Oman &amp; Emirates Investment Holding Co (-10.0%), Sharjah Cement and Industrial Development Co. (-3.1%) and Presight AI Holding (-2.9%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the DFM<\/strong>, the index rose 1.3% on turnover of AED 954.5 mn. Meanwhile, Nasdaq Dubai was up 1.4%.<\/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\/bonds\/\">Bonds<\/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\/investment\/\">investment<\/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=\"105049\" 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=\"105049\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/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\/06\/30\/uae-inks-trade-investment-agreements-in-minsk\/\">\r\n                            Abu Dhabi crown prince leads UAE delegation to Minsk, inks trade and investment agreements with Belarus and EAEU                        <\/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\/06\/30\/uae-inks-trade-investment-agreements-in-minsk\/\" 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 EPA targets tariff reductions and cooperation in areas such as renewable energy, logistics, and construction with the five EAEU member countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. The UAE had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7a3d8c8a-0144-40cc-a850-bce48907ea67\/uae-finalizes-trade-talks-with%253cmark%253e-eurasian%253c%2Fmark%253e-economic-union\" style=\"\" rel=\"noopener\">finalized<\/a> trade talks with the EAEU in December. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Fast facts:<\/strong><span style=\"background-color: transparent;\"> Bilateral non-oil trade between the UAE and EAEU reached USD 29 bn in 2024, up 27% y-o-y.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This came during a visit led by <\/strong><strong>Abu <\/strong><strong>Dhabi Crown Prince Khaled bin Mohamed bin Zayed <\/strong><strong>Al Nahyan <\/strong><strong>to Minsk<\/strong>, where he also met with Russian President Vladimir Putin to discuss the UAE-Russia strategic partnership and regional developments, according to a separate Abu Dhabi Media Office <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/crown-prince-news\/crown-prince-of-abu-dhabi-meets-russian-president-in-minsk-belarus\/\" 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>Al Nahyan also held bilateral talks with Belarusian President Alexander Lukas<\/strong><strong>henko<\/strong>, where the two sides formalized a trade in services and investment agreement, according to a separate <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/crown-prince-news\/crown-prince-of-abu-dhabi-and-president-of-belarus-discuss-further-strengthening-bilateral-ties\/\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement aims to expand UAE market access in Belarus across sectors including financial services, consulting, healthcare, and education.<\/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>UAE<\/strong><strong>, China discuss energy and industrial ties:<\/strong> Industry Minister Sultan Al Jaber held talks with senior Chinese officials and business leaders in Beijing to advance cooperation in energy, industry, and infrastructure, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bkdqy2b-uae-china-explore-opportunities-strengthen\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Discussions covered joint projects in oil and gas, renewables, LNG, petrochemicals, and shipping, as well as potential investments in industrial and infrastructure initiatives. The visit comes as UAE-China non-oil trade rose 18% y-o-y in 1Q 2025, driven by a 32.5% increase in UAE exports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the meeting list:<\/strong> Al Jaber met with China\u2019s Finance Minister Lan Fo\u2019an, Communist Party official Liu Jianchao, and Asian Infrastructure Investment Bank President Zou Jiayi. He also held talks with executives from the China National Petroleum Corporation, China National Offshore Oil Corporation, ZhenHua Oil, Wanhua, China Investment Corporation, Envision, and China Energy Engineering Corporation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong><strong>UAE<\/strong><strong>President Sheikh Mohamed bin Zayed Al Nahyan and European Council <\/strong><strong>President Ant\u00f3nio Costa discussed strengthening bilateral relations<\/strong> in a phone call, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bkece4v-uae-president-president-european-council-discuss\" style=\"\" rel=\"noopener\">Wam<\/a> reports. They reviewed progress towards a comprehensive economic partnership agreement between the UAE and EU and addressed urgent regional matters, focusing on the need for an immediate Gaza ceasefire.<\/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\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-china-relations\/\">UAE-China relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-russia-relations\/\">UAE-Russia relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"105051\" 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\/06\/30\/105051-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-105051\" class=\"content-area-description single-story post-105051 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;\">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>1-6 September (Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaifashionweek.org\/\" style=\"\">Dubai Fashion Week<\/a><\/span><span style=\"font-weight:400;\">, Dubai Design District. <\/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>10-11 September (Wednesday-Thursday): Mena <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/pppmenaforum.com\/\" style=\"\">Public-Private Partnership Forum<\/a><\/span><span style=\"font-weight:400;\"> ,Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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>24-25 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ktuniexpo.com\/\" style=\"\">The KT UniExpo<\/a><\/span><span style=\"font-weight:400;\">, The H 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;\">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>24-25 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/rta-opens-registration-for-the-dubai-world-congress-for-self-driving-transport-2025?lang=en\" style=\"\">Dubai World Congress for Self-Driving Transport<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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 October (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/familyofficesummit.ae\/dubai\/\" style=\"\">Family Office Summit<\/a><\/span><span style=\"font-weight:400;\">, Park Hyatt, Dubai.<\/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>14-16 October (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/initiatives.weforum.org\/future-of-growth-initiative\/gfc\" style=\"\">Global Future Councils<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22-24 October (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sharjah24.ae\/en\/Articles\/2025\/05\/31\/ZX47\" style=\"\">World Investment Conference<\/a><\/span><span style=\"font-weight:400;\">, Expo Centre Sharjah. <\/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>11-17 November (Tuesday-Monday):<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubai2025.icom.museum\/programme\" style=\"\">International Council of Museums (ICOM) General Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-17 November (Wednesday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/robocupap.org\/\" style=\"\">RoboCup Asia-Pacific<\/a><\/span><span style=\"font-weight:400;\">, Khalifa University, Abu Dhabi. <\/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>7-14 December (Sunday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/asianparalympic.org\/asian-youth-para-games\/\" style=\"\">Asian Youth Para Games<\/a><\/span><span style=\"font-weight:400;\">, APC headquarters, Dubai.<\/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>18-23 December (Thursday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/ar\/article\/15lb243-%D8%A3%D8%A8%D9%88%D8%B8%D8%A8%D9%8A-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-%E2%80%9C%D8%A3%D9%84%D8%B9%D8%A7%D8%A8-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D9%82%D8%A8%D9%84-2025%E2%80%9D-%D8%AF%D9%8A%D8%B3%D9%85%D8%A8%D8%B1-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\" style=\"\">Games of the Future<\/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>29-30<\/span><span> December (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bkfj93s-dubai-host-world-sports-summit-december\" style=\"\">World Sports Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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 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;\">Signposted to happen sometime in 2026:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">1 January: Client asset regime changes in Dubai International Financial Center take effect. <\/span><\/li>\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>28-29 January (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adgm.com\/media\/announcements\/abu-dhabi-to-host-the-27th-annual-iba-arbitration-day-conference\" style=\"\">IBA Arbitration Day Conference,<\/a><\/span><span style=\"font-weight:400;\"> Abu Dhabi.<\/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<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bk8zh7y-investopia-host-inaugural-global-talks-tashkent\" style=\"\">Investopia Global Talks<\/a><\/span><span style=\"font-weight:400;\">, Tashkent<\/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>Sibos 2029 organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), Dubai.<\/span><\/li>\n<li><span>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>Mubadala unwinds private credit partnership with BlackRock + buys 30% stake in Loscam | XRG-led consortium granted due diligence for Santos takeover  <\/p>\n","protected":false},"featured_media":105022,"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-105021","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0e54e6cb-353e-46ed-8208-fb39f3bd70c4","teaser":"Mubadala unwinds private credit partnership with BlackRock + buys 30% stake in Loscam | XRG-led consortium granted due diligence for Santos takeover  ","photo_url":"https:\/\/ent.news\/2024\/4\/543.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO 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