{"id":106569,"date":"2025-08-15T00:00:00","date_gmt":"2025-08-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=106569"},"modified":"2025-12-15T04:39:33","modified_gmt":"2025-12-15T04:39:33","slug":"dubais-economy-expanded-4-in-1q-2025","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/dubais-economy-expanded-4-in-1q-2025\/","title":{"rendered":"Dubai\u2019s economy expanded 4% in 1Q 2025"},"content":{"rendered":"<section id=\"106571\" 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=\"106571\">\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\/08\/15\/this-morning-joby-aviation-on-track-to-complete-first-dubai-vertiport-by-1q-2026-could-starlink-come-to-the-uae\/\">\r\n                            THIS MORNING: Joby Aviation on track to complete first Dubai vertiport by 1Q 2026 + Could Starlink come to the UAE?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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src=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/108.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"106572\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/this-morning-joby-aviation-on-track-to-complete-first-dubai-vertiport-by-1q-2026-could-starlink-come-to-the-uae\/108-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/108.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"108.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/108.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/108.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106571\" class=\"content-area-description single-story post-106571 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-abu-dhabi tag-emirates-nbd tag-energy tag-enterpriseam-uae tag-investment tag-oil-and-gas tag-telecoms tag-transport 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\/8\/.84905f6e-dfdb-47ed-ae8e-6176ce580f7a.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, and happy FRIDAY. <\/strong>We close out this uncharacteristically busy week of news \u2014 we thought everyone was on vacation? \u2014 with another packed issue, led by several macro updates on Dubai and a hefty dose of energy-related news. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the macro front<\/strong>, <strong>Dubai\u2019s GDP expanded 4% y-o-y<\/strong> in 1Q 2025, while <strong>inflation rose to 2.9%<\/strong> in July. Meanwhile, <strong>Abu Dhabi<\/strong> is seeking bids for a <strong>3.3 GW power plant<\/strong>, and China\u2019s <strong>Zhenzhua Oil is on track to double its crude supplies from Adnoc<\/strong> as it takes over Bu Hasa. Also: Mubadala Capital completed its acquisition of CI Financial. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have the details on all of this and more in the news well, below. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- We\u2019re in for a cloudy weekend: <\/strong>The National Center of Meteorology <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/951.pdf\" style=\"\" rel=\"noopener\">forecasts (pdf)<\/a> partly cloudy, occasionally dusty conditions through Monday, with the possibility of light rain in eastern and southern areas. Temperatures today are set to reach 42\u00b0C in <strong>Dubai<\/strong>, with an overnight low of 32\u00b0C, and 42\u00b0C in <strong>Abu Dhabi<\/strong>, cooling to an overnight low of 36\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- Electric aircraft developer Joby Aviation is on track to launch its first vertiport at <\/strong><strong>Dubai International Airport by 1Q 2026<\/strong>, ahead of the deployment of flying taxi operations on a national scale, the firm said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/957.pdf\" style=\"\" rel=\"noopener\">shareholder letter (pdf)<\/a>. The vertiport would be the first in Joby\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c9da5c2f-75c5-47ca-8ad5-4611bf95779e\/flying-taxis-are-coming\" style=\"\" rel=\"noopener\">planned network<\/a>, which includes three others located in Palm Jumeirah, Dubai Marina, and Dubai Downtown. London-based air mobility company Skyports is developing the network.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Dubai\u2019s Roads and Transport Authority (RTA) inked an agreement with Joby Aviation for the project back in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c9da5c2f-75c5-47ca-8ad5-4611bf95779e\/flying-taxis-are-coming\" style=\"\" rel=\"noopener\">early 2024<\/a>. The pair successfully ran the region\u2019s first Joby air taxi test flight <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a3f81505-aec8-4afc-ae40-057116745b35\/this-morning:-fuel-prices-up-in-july-%2B%253cmark%253e-joby-aviation%253c%2Fmark%253e-completes-first-air-taxi-test-flight-in-dubai\" style=\"\" rel=\"noopener\">last month<\/a>. The company said it wrapped 21 test flights that showcased its models\u2019 resilience against Dubai\u2019s hot temperatures in the letter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- It\u2019s not just Joby: <\/strong>Archer Aviation and Chinese firms EHang and Multi Level Group (MLG) have also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/61b2229f-1c01-4e5d-bf7f-7f9ab1f5e649\/this-morning:-eu-antitrust-regulators-resume-the-review-of-adnoc%25e2%2580%2599s-covestro-bid-%2B-adia-eyes-a-minority-stake-in-utilities-firm-aggreko\" style=\"\" rel=\"noopener\">finalized their own eVTOL test flights this year<\/a>, with Archer saying it is \u201cready to launch\u201d its midnight electric air taxis in Abu Dhabi this year between Zayed International Airport and central Abu Dhabi. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2- India\u2019s Adia-backed NIIF aims to double AUM to USD 10 bn within 30 months: <\/strong>India\u2019s quasi-sovereign wealth fund National Investment & Infrastructure Fund (<a target=\"_blank\" href=\"https:\/\/niifindia.in\/\" style=\"\" rel=\"noopener\">NIIF<\/a>), backed by several investors including the Abu Dhabi Investment Authority (Adia), Temasek Holdings, AustralianSuper, plans to double its assets under management to USD 10 bn from USD 4.9 bn over the next 30 months, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-14\/india-quasi-wealth-fund-seeks-to-double-assets-to-10-billion\" style=\"\" rel=\"noopener\">Bloomberg<\/a> quoted NIFF\u2019s Managing Partner Vinod Giri as saying. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fund is currently raising USD 3.5 bn for a second infrastructure vehicle and USD 1 bn for private markets<\/strong>, aiming for a first close for its fund by early 2026. Most existing investors are expected to reinvest, with additional commitments targeted from Australia, Japan, the US, Europe and Korea, Giri reportedly said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Earlier reports in February said the fund had been exploring plans to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dd98b566-512f-4f2b-8a7d-76d295504d9b\/this-morning:-nmdc-to-ipo-logistics-unit%3F-%2B-adx,-cbuae-agree-to-settle-trades-in-aed\" style=\"\" rel=\"noopener\">raise up to USD 2 bn<\/a> for a private credit fund.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adia and NIIF go way back: <\/strong>The Abu Dhabi sovereign wealth fund made the first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6fd1f54f-2a08-4db2-bb29-95548d661e52\/nmdc-energy-closes-aed-3.2-bn-ipo-with-31x-oversubscription-rate%3B-shares-start-trading-11-september\" style=\"\" rel=\"noopener\">investment<\/a> in NIIF in 2017 with a USD 1 bn commitment, becoming the first institutional investor in its Master fund and a shareholder in NIIF\u2019s investment management arm.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#3- <\/strong><strong>Emirates<\/strong><strong> NBD just became the first general clearing member on the Abu Dhabi <\/strong><strong>Securities Exchange (ADX)<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/www.emiratesnbd.com\/en\/media-center\/emirates-nbd-secures-approval-to-become-the-uaes-first-general-clearing-member-for-equity-markets\" style=\"\" rel=\"noopener\">a press release<\/a>. This means it can now clear and settle trades on behalf of brokers, while offering trading members credit facilities and operational support, streamlining the clearing process and helping to cut costs. Emirates NBD will also be able to service its global network with better access, channeling more domestic and international investors into the UAE\u2019s equity markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt4\"><\/a> <strong>#4- Could Starlink come to the UAE? <\/strong>The UAE\u2019s telecom regulator is taking steps to ease regulations for satellite service providers \u2014 such as Elon Musk\u2019s Starlink \u2014 to operate in the country, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/future\/2025\/08\/14\/starlink-uae-musk-internet-services\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. The Telecommunications and Digital Government Regulatory Authority has invited <a target=\"_blank\" href=\"https:\/\/tdra.gov.ae\/en\/Participation\/consultations\/details?id=3926\" style=\"\" rel=\"noopener\">public feedback<\/a> on a draft regulation for a satellite reseller license, paving the way for licensed companies to provide satellite internet services and devices to consumers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While Starlink has already <\/strong><strong>secured <\/strong><strong>a 10-year license to provide maritime satellite internet services<\/strong>, which is not for general consumer use, the new regulatory changes would enable its resellers to offer satellite-based services and sell devices across the country. TDRA will be accepting public feedback for its proposal until 25 September. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s Starlink? <\/strong>The low-Earth orbit satellite service can provide Internet access anywhere in the world, and is used particularly in remote and rural areas where there is limited access. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Emirates Airlines <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/61090e9f-001a-43dd-8d7e-c222e63839e8\/uae-eyes-musk-backed-tech\" style=\"\" rel=\"noopener\">was recently linked to talks<\/a> with SpaceX for in-flight Starlink internet, though regulatory hurdles including Starlink\u2019s lack of full authorization in the UAE and its inability to function over Chinese or Russian airspace \u2014 both of which are on Emirates\u2019 route map \u2014 posed challenges. It is also reportedly in talks with Saudia, which is said to be finalizing terms of an agreement to install Starlink\u2019s wifi services to its planes, and is also exploring an agreement with Gulf Air and Emirates\u2019 budget carrier Flydubai, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-14\/musk-s-starlink-close-to-deal-with-saudi-arabia-s-flag-airline?srnd=homepage-americas\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources familiar with the matter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong>#5- US is tracking AI chips to thwart China sales:<\/strong> US law enforcement agencies are placing location trackers on shipments of high-performance semiconductors to prevent their illegal diversion to China-based buyers, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/us-embeds-trackers-ai-chip-shipments-catch-diversions-china-sources-say-2025-08-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, quoting anonymous sources. Authorities are reportedly using tracker data to investigate individuals and companies involved in diverting the chips \u2014 part of a broader crackdown on advanced chip sales to China. The US is tracking export shipments from Dell, Nvidia, and Super Micro, the report says, quoting five sources in the AI industry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>REMEMBER- The US has been working on guardrails to ensure that exports of chips to countries like the UAE <\/strong>will not be diverted to China. G42 has been in line for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8d9ad766-614b-4147-a0a1-401a806c3fd8\/more-details-on-the-us-uae-mega-ai-campus\" style=\"\" rel=\"noopener\">mns<\/a> of chips from US-based firms like Nvidia to bolster domestic AI infrastructure, including through a 5 GW data center campus in Abu Dhabi, set to host US AI firms \u2014 to which most of the chips would be heading. The campus was set to include \u201cstrong security guarantees\u201d aimed at addressing US concerns over G42\u2019s historic ties to China. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong>Abu <\/strong><strong>Dhabi is setting up a labor prosecution unit to handle worker disputes <\/strong>following a resolution from Vice President, Deputy Prime Minister, and Chairman of the Presidential Court Mansour bin Zayed Al Nahyan, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/government-affairs\/in-his-capacity-as-chairman-of-abu-dhabi-judicial-department-mansour-bin-zayed-issues-resolution-to-establish-abu-dhabi-labour-prosecution\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The unit will investigate and handle claims related to labor and domestic worker cases. The Labor Prosecution will be headed by a public prosecutor of at least chief prosecutor rank, supported by prosecution members and specialized staff. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#<\/strong><strong>1- <\/strong><strong>P<\/strong><strong>assport<\/strong><strong> renewal windows just doubled for Emiratis<\/strong><strong>: <\/strong>UAE citizens can now renew their passports up to one year before expiry, doubling the previous six-month limit, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bl6x6s0-icp-permits-passport-renewal-one-year-before\" style=\"\" rel=\"noopener\">Wam<\/a> reports, citing the Federal Authority for Identity, Citizenship, Customs, and Ports Security (ICP). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- You can now be charged an unlimited amount of toll fees per day and month <\/strong>as of 1 September, after Abu Dhabi scrapped the caps for vehicles, according to an Abu Dhabi Media Office <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/transport\/to-ease-traffic-flow-in-the-emirate-integrated-transport-centre-abu-dhabi-mobility-issues-amendments-to-road-tolls-in-abu-dhabi\/\" style=\"\" rel=\"noopener\">statement<\/a>. An AED 4 fee 4 will apply each time a vehicle passes through a toll gate, with existing exemptions for eligible groups maintained. Previously, a maximum toll limit per day was capped at AED 16, with monthly charges also capped at between AED 100-200. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The changes \u2014 which come as ADQ\u2019s Q Mobility takes over management and operations of the syste<\/strong><strong>m \u2014 will also affect the<\/strong> <strong>evening tariff period<\/strong>, changing it 3pm\u20137pm, while keeping the morning period at 7am\u20139am, Monday to Saturday. Tolls will remain at no-cost on Sundays and public holidays.<\/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>A handful of business and macro stories are dominating front pages of the busines<\/strong><strong>s press<\/strong> this morning: <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The Trump administration is reportedly in talks to buy a stake in Intel<\/strong>, which has struggled to keep up with the pace of change in the industry and is currently on a cost-cutting spree. Trump had called for the ouster of Intel\u2019s CEO Lip-Bu Tan citing a conflict of interest due to his earlier ties to China. The move would also be one of several interferences from Trump in US industries \u2014 he also took a so-called golden share in United States Steel Corp. to allow its sale to Japanese rival Nippon Steel. (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/us-stake-intel-1ff24500?mod=hp_lead_pos3\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/trump-weighs-taking-stake-intel-bloomberg-news-reports-2025-08-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/08\/14\/intel-stock-climbs-trump-admin-stake.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-14\/trump-administration-is-said-to-discuss-us-taking-stake-in-intel\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Wall Street traders are dialing back expectations of a rate cut next month after fresh data on wholesale price inflation <\/strong>showed a higher-than-expected increase in wholesale prices as the effect of tariffs seem to begin trickling down to consumers. The odds of a September cut have now fallen to 85%, down from more than 100% earlier, ahead of the meeting. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-14\/us-treasuries-fall-as-traders-pare-fed-rate-cut-bets-after-ppi?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But the Trump administration is still applying pressure:<\/strong> US Treasury Secretary Scott Bessent just recently called for lower interest rates, arguing they should be 150 basis points lower than current levels. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-13\/bessent-says-rates-should-likely-be-150-175-basis-points-lower\" style=\"\" rel=\"noopener\">Bloomberg<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Happening today: <\/strong>All eyes are on Alaska, where Trump will meet Russian President Vladimir Putin for a high-stakes summit that Trump hopes could yield a ceasefire agreement for the war in Ukraine. (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/politics\/national-security\/trump-putin-head-to-high-stakes-alaska-summit-with-clashing-objectives-b380ca64?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-13\/european-leaders-urge-trump-to-press-putin-to-meet-zelenskiy\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/uk\/putin-praises-sincere-us-ukraine-braces-trump-putin-summit-2025-08-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/aug\/14\/keir-starmer-to-meet-volodymyr-zelenskyy-in-downing-street\" style=\"\" rel=\"noopener\">Guardian<\/a>) <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq and Hassan Allam Properties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industry?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p class=\"tag-border-left\"> OIL WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>Brent<\/strong><strong>, West Texas Intermediate (WTI), and Dubai crude futures time spreads hav<\/strong><strong>e narrowed by more than USD 1 in backwardation since the start of August<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-price-structure-narrows-premiums-fall-supplies-rise-summer-demand-ends-2025-08-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent and Dubai spreads are softening due to the expected jump in Opec+ supply in September and easing concerns over Russian supply disruptions, the newswire said, citing Dubai-based oil trader Shohruh Zukhritdinov.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai crude continues to be stronger than Brent despite the softening market<\/strong>, keeping the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/71698fbc-9cb0-4bae-a054-993deac54064\/this-morning:-ins.-prices-are-down-%2B-uae-airport-passenger-volumes-up-in-1h-2025\" style=\"\" rel=\"noopener\">Exchange of Futures for Swaps<\/a> spread narrow and directing Asia towards Atlantic Basin supply. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>End of the summer season:<\/strong> The output increase by Opec+ in September, alongside new production from non-Opec countries like Guyana, Brazil, and Norway, comes as peak summer demand in the Northern Hemisphere is ending. The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/71698fbc-9cb0-4bae-a054-993deac54064\/this-morning:-ins.-prices-are-down-%2B-uae-airport-passenger-volumes-up-in-1h-2025\" style=\"\" rel=\"noopener\">surplus<\/a> of supply and drop in demand after the season ends will likely lead to weaker diesel margins in Europe and reduced crude burning for power in Saudi Arabia, traders said.<\/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\/\">Abu Dhabi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-nbd\/\">Emirates NBD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                     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<a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/dubais-economy-expands-4-in-1q\/\">\r\n                            Dubai GDP growth hits 4% in 1Q 2025                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/dubais-economy-expands-4-in-1q\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a 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data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2063.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2063.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106574\" class=\"content-area-description single-story post-106574 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-dubai tag-economy tag-enterpriseam-uae tag-manufacturing tag-real-estate tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.747e9949-5b48-45a2-80c6-1aea09d88f93.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dubai's<\/strong><strong> GDP grew by 4% y-o-y in the 1Q 2025<\/strong>, reaching AED 119.7 bn, with growth fueled by strong performance across a broad range of strategic sectors, according to recent <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/august\/14-08\/dubais-gdp-reaches\" style=\"\" rel=\"noopener\">data<\/a> by the Dubai Media Office. This is up from a 3.5% y-o-y growth in 4Q 2024, and 3.2% growth for 2024, according to a research <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/968.pdf\" style=\"\" rel=\"noopener\">note (pdf)<\/a> from Emirates NBD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adding momentum to growth was the wholesale and retail trade se<\/strong><strong>ctor<\/strong>, which grew 4.5% y-o-y to AED 27.5 bn during the period. This sector fueled overall growth by 1.03 percentage points and Dubai\u2019s GDP by 23%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The real estate sector, a cornerstone of th<\/strong><strong>e emirate\u2019s economy, grew 7.8% y-o-y to<\/strong><strong> reach AED 9 bn during the period.<\/strong> The sector contributed 7.5% of Dubai\u2019s total GDP. Meanwhile, finance and ins., which grew 5.9% y-o-y to AED 16 bn, contributed 13.4% to Dubai\u2019s GDP and 0.8 percentage points to growth of the overall GDP. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The manufacturing sector expanded by 3.3% y-o-y,<\/strong> while the transport and storage industry, which includes all land, water, and air transport services involving people and goods, as well as handling, storage, and postal activities, grew by 2% y-o-y to AED 15.7 bn. This sector contributed 13% to the GDP of the emirate and added 0.27 percentage points to total growth, with air transport serving as the largest contributor to the sector due to high output. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The human health and social work sector was the fastest growing contributor<\/strong>, surging 26% y-o-y to AED 1.9 bn during the period. This sector accounted for 1.5% of the emirate\u2019s total GDP and added 0.3 percentage points to overall economic growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE-<\/strong> The accommodation and food services sector expanded 3.4% y-o-y to AED 4.9 bn, contributing 4.1% to the emirate\u2019s GDP and adding 0.14 percentage points to the overall growth. The information and communications category rose 3.2% y-o-y to AED 5.3 bn, also contributing 0.14 percentage points to the growth, and accounting for 4.4% of the emirate\u2019s GDP.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead:<\/strong> Emirates NBD sees Dubai\u2019s economy accelerating 3.7% y-o-y in 2025, thanks to \u201csubstantial public sector investment and ongoing investments from the private sector, particularly in residential, mixed use and hospitality projects,\u201d according to the research note. This is slightly more optimistic than the IMF, which <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dcf54be9-d388-4bfe-a7a0-b7d273462968\/%253cmark%253eimf%253c%2Fmark%253e-sees-abu-dhabi-economic-growth-this-year-exceeding-dubai%25e2%2580%2599s-and-the-gcc%25e2%2580%2599s\" style=\"\" rel=\"noopener\">expected<\/a> the emirate\u2019s economy to grow 3.3% this year, before growing 3.5% next 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\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/economy\/\">Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/manufacturing\/\">MANUFACTURING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106576\" 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=\"106576\">\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\">ECONOMY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/dubais-annual-inflation-accelerates-to-2-9-in-july\/\">\r\n                            Dubai\u2019s annual inflation accelerates to 2.9% in July                        <\/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\/08\/15\/dubais-annual-inflation-accelerates-to-2-9-in-july\/\" 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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Some components of the basket recorded moderate price growth, while other segments remained in deflation territory.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Still slowing, but at a smaller clip: <\/strong>Transport prices, making up just over 9% of the index, fell to -3.40% y-o-y in July, slowing from the -7.37% y-o-y reading in June. \u201cThe key differential between June and July that saw headline inflation pick up was a smaller decline in transport prices,\u201d Emirates NBD said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/971.pdf\" style=\"\" rel=\"noopener\">research note (pdf)<\/a>. This was mainly led by variations in petrol prices at the pump, which are themselves affected by global benchmark prices.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The Fuel Price <\/strong><strong>Committee <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a3f81505-aec8-4afc-ae40-057116745b35\/this-morning:-fuel-prices-up-in-july-%2B-joby-aviation-completes-first-air-taxi-test-flight-in-dubai\" style=\"\" rel=\"noopener\">raised fuel prices<\/a><\/strong><strong> across the board in July by more than 4% <\/strong>for the first time in months. This month, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4ef9fa18-6aa3-4a21-bf78-50d46b50dcf3\/this-morning:-adnoc-drilling-eyes-another-acquisition-in-kuwait-and-oman-%2B-fuel-prices-are-down-marginally-in-august\" style=\"\" rel=\"noopener\">fuel prices are down<\/a> though diesel \u2014 the only outlier \u2014 is up 5.7%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Zooming in: <\/strong>A liter of Super 98 cost AED 2.70 per liter in July, marking a 9.7% y-o-y dip. Yet, this was a less significant drop from June\u2019s 17.8% dip. \u201cIn August, petrol prices are 11.8% lower y-o-y, meaning that transport will likely be a greater drag once more. We expect this trend will continue given that Brent crude averaged USD 74.8\/b over August to December last year, much higher than the present USD 65.8\/b, or indeed our 3Q and 4Q forecast for an average USD 65\/b,\u201d according to Emirates NBD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also driving the uptick:<\/strong> Prices for housing, water, electricity, gas, and other fuels \u2014 the largest component in the inflation basket \u2014 rose by 6.37% y-o-y, slightly down from 6.62% y-o-y in June, and 6.85% y-o-y in May. Despite the y-o-y increase, prices in the sector continue a downward trajectory since the beginning of the year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Food and beverages saw a mild price increase of 0.36% y-o-y in July,<\/strong> compared to 0.6% y-o-y in the previous month. Education prices grew at 2.63% y-o-y during the month, in a slight increase from 2.47% a month earlier. Restaurants and accommodation services recorded 0.66% y-o-y price growth, compared to 0.67% a month earlier.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a monthly basis, prices inched up for the second straight month, growing 0.42% in July, <\/strong>compared to 0.28% in June, according to the statistics center\u2019s <a target=\"_blank\" href=\"https:\/\/www.dsc.gov.ae\/Report\/Monthly%20Percentage%20Change%202025-%20base2021.pdf\" style=\"\" rel=\"noopener\">monthly inflation report (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai\u2019s consumer price index slightly rose to 114.78 in July,<\/strong> up from 114.30 points in the previous month, according to the <a target=\"_blank\" href=\"https:\/\/www.dsc.gov.ae\/Report\/Consumer%20Price%20Index%202025-%20base2021.pdf\" style=\"\" rel=\"noopener\">Dubai Statistics Center report (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead:<\/strong> The Central Bank of the UAE (CBUAE) slightly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/68ac25dc-383b-47b6-b43e-bb7d305ad29c\/cbuae-revises-down-its-growth-forecast-for-the-uae-to-4.4%2525-in-2025\" style=\"\" rel=\"noopener\">lowered<\/a> in June its inflation forecast for the UAE 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 Meanwhile, Emirates NBD maintained its 2025 inflation forecast at an average of 2.5%, after averaging 2.7% y-o-y over January to July, \u201cwith the expectation that lower oil prices through the close of the year will soften the headline inflation rate through the remainder of 2H,\u201d it said in the note.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/economy\/\">Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106578 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"106578\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/106578-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106578\" class=\"content-area-description single-story post-106578 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.mashreq.com\/en\/uae\/private\/become-a-customer\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/741.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106579\" 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=\"106579\">\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\/08\/15\/mubadala-capital-finalizes-acquisition-of-ci-financial\/\">\r\n                            Mubadala Capital finalizes acquisition of CI Financial                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/mubadala-capital-finalizes-acquisition-of-ci-financial\/&title=Mubadala Capital finalizes acquisition of CI Financial\">\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+Capital+finalizes+acquisition+of+CI+Financial+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F08%2F15%2Fmubadala-capital-finalizes-acquisition-of-ci-financial%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\/08\/15\/mubadala-capital-finalizes-acquisition-of-ci-financial\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1595.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"106580\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/mubadala-capital-finalizes-acquisition-of-ci-financial\/1595-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1595.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1595.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1595.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1595.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106579\" class=\"content-area-description single-story post-106579 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\/8\/.738832f5-297c-44b5-b56c-b744b1487243.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Mubadala<\/strong><strong> Capital completes takeover of CI Financial:<\/strong> Mubadala Capital, through its units MC Accelerate Co-Invest and MC Accelerate Holdings, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/67471395-023c-4b64-96fe-8e4e670f0ef9\/mubadala-inches-closer-to-a-full-takeover-of-canada-based%253cmark%253e-ci-financial%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">acquired<\/a> CI Financial, valuing CI\u2019s equity at approximately CAD 4.7 bn (USD 3.4 bn) and implying an enterprise value of CAD 12.1 bn (USD 8.8 bn), according to a <a target=\"_blank\" href=\"https:\/\/www.cifinancial.com\/ci-financial\/ca\/en\/newsroom\/ci-financial-and-mubadala-capital-announce-completion-of-take--private-transaction-by-mubadala-capital.html\" style=\"\" rel=\"noopener\">press release<\/a>. The agreement closed on 12 August.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Mubadala Capital paid CAD 32 per share for all outstanding CI shares, except those held by CEO Kurt MacAlpine (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/kurt-macalpine-0034713\/?originalSubdomain=ca\" style=\"\" rel=\"noopener\">LinkedIn<\/a>). MacAlpine is rolling his shares into the private entity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CI aims to use Mubadala\u2019s resources to expand in North<\/strong><strong> America and globally<\/strong>, while growing its US subsidiary <a target=\"_blank\" href=\"https:\/\/corient.com\/\" style=\"\" rel=\"noopener\">Corient<\/a> and retaining its private partnership model.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> CI will continue operating independently under its existing brand, structure and leadership from its Toronto headquarters. It will be delisted from the Toronto Stock Exchange soon, but it will remain a reporting issuer in all Canadian provinces. Board changes include the addition of Samuel Merksamer, Murat Konuk and Glyn Barker, joining William Holland and MacAlpine.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> INFOR Financial advised CI\u2019s special committee of independent directors, with counsel from Wildeboer Dellelce. Stikeman Elliott and Skadden, Arps, Slate, Meagher &amp; Flom also served as legal advisors to CI, and RBC Capital Markets acted as an additional advisor. Mubadala Capital\u2019s lead financial advisor was Jefferies Securities, with counsel from Blake, Cassels &amp; Graydon and Latham &amp; Watkins, strategic communications from FGS Longview, and additional advisory support from BMO Capital 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=\"106581\" 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=\"106581\">\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\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/ewec-issues-rfp-for-the-3-3-gw-al-nouf-power-plant\/\">\r\n                            Ewec issues RFP for the 3.3 GW Al Nouf power plant                        <\/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\/08\/15\/ewec-issues-rfp-for-the-3-3-gw-al-nouf-power-plant\/\" 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 project will be located in the newly established Al Nouf Complex and is set to become the UAE\u2019s largest single-site carbon-capture-ready combined cycle gas turbine plant. Proposals are expected in 4Q 2025. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(** Tap or click the headline above <\/strong>to read this story with all of the links to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the plant: <\/strong>Al Nouf IPP will have a capacity of 3.3 GW of electricity and is slated for commercial operations in 3Q 2029. The plant will integrate AI tech where relevant to boost operational efficiency, performance, and predictive maintenance. Ewec also already secured the gas turbines for the plant. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it\u2019ll work:<\/strong> Al Nouf will adopt Abu Dhabi\u2019s Independent Power Producer (IPP) model, under which developers sign long-term agreements with Ewec as the sole procurer. The selected developer or consortium will be responsible for financing, building, operating, and maintaining the plant, and will own up to 40% of the project. The rest will be held by the Abu Dhabi government.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Ewec received statements of qualifications for the Al Nouf IPP last April, <a target=\"_blank\" href=\"https:\/\/guest.meed.com\/abu-dhabi-receives-al-nouf-prequalifications\/\" style=\"\" rel=\"noopener\">Meed<\/a> reported. Bids were originally expected to be submitted by the end of August. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of a bigger plan?<\/strong> The plant is part of Abu Dhabi\u2019s <a target=\"_blank\" href=\"https:\/\/energynews.pro\/en\/abu-dhabi-launches-5-gw-of-gas-fired-power-plant-projects-to-support-ai\/\" style=\"\" rel=\"noopener\">5 GW of gas-fired power plant projects<\/a> to support its AI strategy. Other projects under the strategy include the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/78843156-0917-4355-84c2-d90d960217d3\/taqa-to-develop-1-gw-open-cycle-gas-turbine-in-abu-dhabi\" style=\"\" rel=\"noopener\">1 GW open-cycle gas turbine<\/a> in Al Dhafra, according to Meed.<\/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\/\">Abu Dhabi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-water-and-electricity-company\/\">Emirates Water and Electricity Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106583\" 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=\"106583\">\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\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/chinas-zhenhua-on-track-for-double-its-adnoc-crude-supply-after-bu-hasa-takeover\/\">\r\n                            China\u2019s Zhenhua on track for double its Adnoc crude supply after Bu Hasa 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\/08\/15\/chinas-zhenhua-on-track-for-double-its-adnoc-crude-supply-after-bu-hasa-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(); 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The company already receives 100k bbl\/d offtake as an equity holder in Adnoc Onshore, after securing a 4% stake in its onshore concession in 2018, joining BP, TotalEnergies, and CNPC.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Zhenhua Oil \u2014 the smallest of China\u2019s state oil companies \u2014 will handle Bu Hasa\u2019s development plan, production, and cost targets after replacing TotalEnergies as asset leader following a bidding process last January, the sources reportedly said. The combined 200k bbl\/d of contracted crude is expected to be reached by year-end, Reuters said, citing one of the sources.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The offtake agreement, which should be reached by year-end, was finalized in April<\/strong>, according to the sources. Zhenhua is set to expand its trading footprint in Abu Dhabi\u2019s flagship Murban crude and will post its first crude trader in Abu Dhabi this month, Reuters added citing the sources. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China is already digitizing the field: <\/strong>Adnoc has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c40093ba-6ab4-490f-8eef-c0f243a0259f\/\" style=\"\" rel=\"noopener\">awarded<\/a> a USD 920 mn contract to Chinese Jereh Oil &amp; Gas Engineering Corporation in November for the digitization of over 2k oil wells at its Bab, Bu Hasa, and Southeast fields. Slated for completion by 2027, the program aims to boost operational efficiency and optimize the performance of the wells through remote monitoring.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not just oil: <\/strong>Adnoc has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/34ae57f6-e4d7-4f89-b24e-65e8ba50b675\" style=\"\" rel=\"noopener\">signed<\/a> a long-term LNG supply agreement with Zhenhua Oil last April for a supply of up to 12 cargoes annually with deliveries benchmarked to the Japan Korea Marker and Brent oil prices.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106585 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=\"106585\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/106585-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106585\" class=\"content-area-description single-story post-106585 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.facebook.com\/share\/14kMLw9bpD\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/2005.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=\"106586\" 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=\"106586\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/more-2q-earnings-dp-world-taqa-and-rak-properties\/\">\r\n                            More 2Q earnings: DP World, Taqa, and RAK Properties                        <\/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\/08\/15\/more-2q-earnings-dp-world-taqa-and-rak-properties\/\" 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 firm\u2019s top line surged 20.4% to USD 11.2 bn for the same period, which management attributed to new logistics segment acquisitions and strong returns from its ports division.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown: <\/strong>Its logistics division contributed the most to the top line, recording a 23.1% y-o-y boost in revenues to USD 4.7 bn, despite ongoing investments in expanding logistics capabilities. The company invested USD 301 mn in this segment, targeting expansions in Sub-Saharan Africa, Europe, India, and the GCC. Meanwhile, revenues from ports and terminals rose 22.2% y-o-y to around USD 4.4 bn. The growth was driven by a 6.7% y-o-y surge in handled volumes (45.5 mn TEUs), as well as rising rates for cargo handling, which went up by 11.1% per TEU, according to its <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-reports-strong-h1-2025-results-revenue-up-204-container-volumes-rise-67\/\" style=\"\" rel=\"noopener\">earnings release<\/a>. The company invested USD 539 mn in locations including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9f534c87-27bf-438c-b5f8-8fcb9337bb43\/%253cmark%253ejafza%253c%2Fmark%253e-to-funnel-aed-8.5-bn-for-upgrades,-expansions-over-three-years\" style=\"\" rel=\"noopener\">Jebel Ali<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/fa212a7f-c210-4881-b23c-37d5cc08d5a4\/today:-ad-ports-taps-hassan-allam-for-safaga-port-project-%2B-dp-world-kicks-off-maritime-works-in-senegal\" style=\"\" rel=\"noopener\">London Gateway<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e3e0d8f3-077a-4d27-8d42-686c086cfd9e\/dp-world-taps-mota-engil-to-build-congo%25e2%2580%2599s-first-deep-sea-port\" style=\"\" rel=\"noopener\">Sub-Saharan Africa<\/a>, Canada\u2019s Fraser Surrey Docks, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3cea2736-fc61-4367-aaa1-182d9913758d\/%253cmark%253edp%253c%2Fmark%253e%253cmark%253e-world%253c%2Fmark%253e-invests-over%253cmark%253e-usd%253c%2Fmark%253e-500%253cmark%253e-mn%253c%2Fmark%253e%253cmark%253e-to%253c%2Fmark%253e%253cmark%253e-expand%253c%2Fmark%253e%253cmark%253e-operations%253c%2Fmark%253e%253cmark%253e-in%253c%2Fmark%253e-latin-america\" style=\"\" rel=\"noopener\">Ecuador\u2019s Posorja<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/83d3a67d-421a-484b-b2e8-db2625fcb356\/mawani-%2B-dp-world-inaugurate%253cmark%253e-jeddah%253c%2Fmark%253e-islamic-port-container-terminal\" style=\"\" rel=\"noopener\">Saudi\u2019s Jeddah<\/a>. <\/p>\n<p class=\"tag-border-left\">TAQA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu <\/strong><strong>Dhabi National Energy Company (Taqa) saw its net income decline 32.7% <\/strong><strong>y-o-y in 2Q 2025<\/strong> to AED 1.6 bn, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/937.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Meanwhile, revenues rose 5.4% to AED 14.2 bn during the quarter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a six-month basis<\/strong>, Taqa\u2019s net income declined 19.7% y-o-y to AED 3.7 bn in 1H 2025, reflecting lower oil and gas output after the closure of four UK assets, weaker crude prices, and higher financing costs. Revenues rose 4.6% y-o-y to AED 28.4 bn, supported by higher pass-through items in its transmission and distribution segment, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/938.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dividends: <\/strong>Taqa\u2019s board approved an interim dividend of 0.75 fils per share for 2Q 2025. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The company is pressing ahead with international expansion, including an AED 52 bn integrated <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/23fcf636-49d9-4825-b4c0-37ebd3d2c21e\/desalination,-renewables,-power-transmission-and-more-in-taqa%25e2%2580%2599s-pipeline-in%253cmark%253e-morocco%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">power and water infrastructure program<\/a> in Morocco, its takeover of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/50e65fbe-c094-46e2-82d8-78250097a75f\/mubadala,-taqa-complete-acquisition-of-majority-stakes-in-uzbekistan-power-plant\" style=\"\" rel=\"noopener\">Talimarjan power complex<\/a> in Uzbekistan, and the acquisition of UK-based <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/862cd86d-e10b-4631-b526-adf4c92cd67e\/mubadala-and-taqa-set-their-eyes-on-the-uk-for-their-latest-acquisition-targets\" style=\"\" rel=\"noopener\">Transmission investment<\/a>. <\/p>\n<p class=\"tag-border-left\">RAK PROPERTIES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>RAK<\/strong><strong> Properties<\/strong>\u2019<strong> net <\/strong><strong>income <\/strong><strong>nearly doubled with a 94.7% uptick y-o<\/strong><strong>-y in 2Q 2025<\/strong>, rising to AED 92.7 mn, while its top line climbed 26.2% to AED 404.5 mn, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/936.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Growth was buoyed by a 59% surge in sold units and traction across its residential and hospitality pipeline, it stated in a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/935.pdf\" style=\"\" rel=\"noopener\">release (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Solid 1H performance: <\/strong>Net income soared 80% y-o-y to AED 160.6 mn in the six-month period, while revenues also rose 27% to AED 774.8 mn due to a higher volume of project handovers and market appetite for recent launches \u2014 including the world\u2019s first Armani-branded villas in collaboration with Giorgio Armani and SIE Group. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Backed by an AED 5 bn development pipeline<\/strong>, the developer is pressing ahead with Mina, its flagship urban island destination, with landmark projects \u2014 Bay Residences, Granada II, and Cape Hayat \u2014 moving steadily amid rising demand for luxury and mixed-use real estate in Ras Al Khaimah.<\/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\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/rak-properties\/\">RAK Properties<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/taqa\/\">Taqa<\/a>\n                <!-- <span 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   <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1041.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"106589\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/wusoom-appoints-new-board-members-after-bluefive-acquisition-bgn-taps-new-dubai-based-africa-business-head\/1041-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1041.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1041.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1041.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1041.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106588\" class=\"content-area-description single-story post-106588 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-energy tag-enterpriseam-uae tag-ma tag-moves tag-sharjah 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\/8\/.3d43135a-29b5-4e70-99e0-00b66c380a4d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wusoom <\/strong><strong>appoints new board after BlueFive takeover: <\/strong>Abu Dhabi-based investment holding company <a target=\"_blank\" href=\"https:\/\/www.wusoom.ae\/\" style=\"\" rel=\"noopener\">Wusoom<\/a> has named five new board members following its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/790c3db1-46b1-4193-b12b-8b8f537b0691\/pe-firm%253cmark%253e-bluefive%253c%2Fmark%253e-takes-over-abu-dhabi%25e2%2580%2599s-wusoom-holding\" style=\"\" rel=\"noopener\">acquisition by BlueFive Capital<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/950.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The new board is chaired by BlueFive founder and CEO Hazem Ben-Gacem (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/hazem-ben-gacem-094286309?originalSubdomain=uk\" style=\"\" rel=\"noopener\">LinkedIn<\/a>),who is joined by BlueFive\u2019s Head of Private Equity GCC Mouna Sarih (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/mouna-sarih-68b5b6b4\/?originalSubdomain=uk\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), Head of Private Equity GCC Europe Emily Morse (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/emily-morse1\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), and non-executive directors Cristiano Silei (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/cristiano-silei-6417311\/?originalSubdomain=it\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) and Nikolai Riesenkampff (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/nikolairiesenkampff\/?originalSubdomain=de\" style=\"\" rel=\"noopener\">LinkedIn<\/a>).<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BGN appoints new Africa business head in Dubai: <\/strong>Energy and commodities trader BGN appointed Guillaume Letessier as head of business development for Africa, based in Dubai, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-14\/bgn-snaps-up-more-trading-talent-for-its-geneva-dubai-offices\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing a company spokesperson. Letessier left Gunvor earlier this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BGN is on a hiring spree: <\/strong>At the end of August, Gianluca Bonuglia (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/gianluca-bonuglia-a1b37446\/?originalSubdomain=ch\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), previously at Litasco, will join as head of business development for light distillates at the firm\u2019s Geneva headquarters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- B<\/strong><strong>GN \u2764\ufe0f UAE: <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/97cab42d-1548-4c6d-a00a-4a96e995eb33\/%253cmark%253ebgn%253c%2Fmark%253e-boosts-its-loan-from-uae-lenders-to-usd-232.5-mn\" style=\"\" rel=\"noopener\">In February<\/a>, a syndicate of UAE lenders more than doubled BGN\u2019s finance facility to USD 232.5 mn to support its global commodities expansion. BGN also secured a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/775eb90a-e866-4220-98fd-69a94a9e0d7f\/adib-extends-aed-865-mn-syndicated-loan-to-al-seer-marine-and%253cmark%253e-bgn%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">USD 235.5 mn sharia-compliant loan<\/a> from a UAE syndicate led by Abu Dhabi Islamic Bank to finance three very large gas carriers for its JV with Al Seer Marine.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong><strong>Sharjah <\/strong><strong>appointed <\/strong><strong>Khawla Jassim Al Serkal (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/khawla-al-serkal-23b85680\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) <\/strong><strong>as vice chair and<\/strong><strong> Wafaa Taymour (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/wafa-taymour-70447616\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) as CEO of the Sharjah Hospitality Group<\/strong>, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bl6brbs-jawaher-qasimi-issues-two-resolutions-appointing\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Al Serkal has led the Sharjah Ladies Club for over 20 years, while Taymour has 18 years of experience in hospitality and events.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sharjah Hospitality Group? <\/strong>Established <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/64997c2f-5ceb-4755-9c27-b51ced5a20e1\/this-morning:-uae,-russia-to-double-trade-%2B-dubai-licensed-crypto-firms-can-now-service-other-emirates\" style=\"\" rel=\"noopener\">last week<\/a>, Sharjah Hospitality Group is an independent government entity under the Sharjah Family and Community Council. The group will set hospitality policies, manage facilities, oversee the Sharjah Ladies Club, Al Jawaher Reception and Convention Center, and other affiliated entities, as well as implement programs, partnerships, and training. Its funds will come from government allocations, revenues, investments, and sponsorships. <\/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\/energy\/\">energy<\/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\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sharjah\/\">Sharjah<\/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=\"106590\" 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=\"106590\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/ega-expands-product-line-with-new-supply-contract-to-sankyo-tateyama-adnoc-ls-receives-vlec\/\">\r\n                            EGA expands product line with new supply contract to Sankyo Tateyama + Adnoc L&amp;S receives VLEC       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src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1025.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"106591\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/ega-expands-product-line-with-new-supply-contract-to-sankyo-tateyama-adnoc-ls-receives-vlec\/1025-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1025.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1025.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1025.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1025.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106590\" class=\"content-area-description single-story post-106590 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-adnoc-logistics-and-services tag-also-on-our-radar tag-artificial-intelligence tag-central-bank-of-the-uae tag-dubai-financial-services-authority tag-emirates-global-aluminium tag-enterpriseam-uae tag-logistics tag-prypco 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\/8\/.ebd4bbb4-fa67-4e0a-8b5b-0f50ac733c6b.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">INDUSTRIALS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EGA<\/strong><strong> debuts greener aluminum with Japan agreement:<\/strong> Emirates Global Aluminium (EGA) will provide its Celestial-R billets \u2014 the world\u2019s first aluminum alloy made with solar power and scrap metal \u2014 to Japanese aluminum components maker Sankyo Tateyama through partner Itochu Corporation, it stated in a <a target=\"_blank\" href=\"https:\/\/media.ega.ae\/ega-to-deliver-first-ever-celestial-r-billets-to-leading-japanese-manufacturer-sankyo-tateyama\/\" style=\"\" rel=\"noopener\">press release<\/a>. The sustainable aluminum product significantly cuts greenhouse emissions and expands EGA\u2019s product line beyond foundry alloys into billets for extrusion and forging, meeting Japan\u2019s increased demand for low-carbon aluminum.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>EGA is reportedly reviving its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/da43f6f3-1231-45c1-800b-bbed1e375942\/%253cmark%253eega%253c%2Fmark%253e-to-revive-ipo%3F\" style=\"\" rel=\"noopener\">IPO<\/a> plans, which could see it raise several bn USD, potentially ranking among the region\u2019s largest. <\/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>Fitch Ratings<\/strong><strong> has <\/strong><strong>maintained <\/strong><strong>A<\/strong><strong>dnoc<\/strong><strong> Murban\u2019s <\/strong><strong>\u2014 Adnoc\u2019s debt-raising arm \u2014<\/strong><strong> long-t<\/strong><strong>erm issuer entity <\/strong><strong>AA <\/strong><strong>credit rating with a stable outlook<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/corporate-finance\/fitch-affirms-adnoc-murban-at-aa-outlook-stable-12-08-2025\" style=\"\" rel=\"noopener\">press release<\/a>. Its senior unsecured notes and sukuk certificates also received an AA credit rating from Fitch, the release says. The rating agency attributed Murban\u2019s creditworthiness to its strong relationship with Adnoc, shareholders, and the Emirate of Abu Dhabi.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fitch says: <\/strong>Murban has issued USD 5.5 bn in debt since 2024 and could issue up to USD 4.5 bn more in the next three years. The company's cashflow is projected to be more than enough to cover its debt obligations, even if oil prices are low. <\/p>\n<p class=\"tag-border-left\">LOGISTICS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc L&amp;S receives first VLEC delivery for AW Shipping JV: <\/strong>Adnoc Logistics and Services (Adnoc L&amp;S) has acquired Gas Yongjiang, the first of nine very large ethane carriers (VLECs) for AW Shipping, its joint venture with China\u2019s Wanhua Chemical Group, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bl6x6xu-adnoc-ls-receives-first-very-large-ethane-carrier\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Built by Jiangnan Shipyard, the 98k cbm vessel will operate under a 20-year time charter and feature energy-saving technologies to cut emissions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER-<\/strong> The delivery is part of AW Shipping\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ddebf825-b7cd-44b2-9d36-d4fe27426c45\/adnoc-l&amp;s-%2B-wanhua-chemical-group-jv-aw-shipping-places-a-usd-1.9-bn-order-for-alternative-fuel%253cmark%253e-carriers%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">USD 1.9 bn order<\/a> with Jiangnan Shipyard for 11 dual-fuel carriers placed last year \u2014 nine VLECs worth USD 1.4 bn and two very large ammonia carriers (VLACs) worth USD 250 mn, with an option for two more. The VLECs are due in 2025-27 and the VLACs in 2026-28, with the full fleet projected to generate about USD 4 bn in revenue from long-term contracts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- A new LNG carrier is joining the fleet: <\/strong>The company also took delivery of Al Reef, the third of six new liquefied natural gas (LNG) carriers from Jiangnan Shipyard.<\/p>\n<p class=\"tag-border-left\">BANKING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE<\/strong><strong>, South Sudan ink payments, security printing MoU: <\/strong>The Central Bank of the UAE (CBUAE) signed an MoU with the Bank of South Sudan to boost cooperation on security printing and payment card infrastructure through Oumolat, a CBUAE subsidiary, it said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/942.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The first phase will aim to align the South Sudanese bank with international standards of efficiency, security, and data confidentiality, while a second phase will see Al Etihad Payments develop a card payment system and infrastructure for local payment processing. The agreement also includes technical training through the Emirates Institute of Finance. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc-logistics-and-services\/\">Adnoc Logistics and Services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/artificial-intelligence\/\">artificial intelligence<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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\/dubai-financial-services-authority\/\">Dubai Financial Services Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-global-aluminium\/\">Emirates Global Aluminium<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/prypco\/\">Prypco<\/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=\"106592\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"106592\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/gccs-assets-under-management-rose-9-y-o-y-in-2024-with-the-uae-and-ksa-leading-growth\/\">\r\n                            GCC\u2019s assets under management rose 9% y-o-y in 2024, with the UAE and KSA leading growth                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/gccs-assets-under-management-rose-9-y-o-y-in-2024-with-the-uae-and-ksa-leading-growth\/\" 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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Retail mutual fund growth was led by Saudi Arabia and the UAE, while sovereign wealth funds in Kuwait and Abu Dhabi accounted for the largest institutional volumes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a good time to be an asset manager in the region: <\/strong>\u201cWith Saudi Arabia and the UAE anchoring regional momentum, the GCC\u2019s strategic diversification and SWF dominance signal a future where local asset managers could rival global giants,\u201d said Lukasz Rey, Middle East head of financial institutions at BCG. \u201cRecent market volatility offers a chance for change, prompting asset managers to move from recovery to innovation \u2014 reimagining value delivery, client engagement, and business operations,\u201d he added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How can GCC asset managers beco<\/strong><strong>me the next industry giants? <\/strong>By being at the forefront of the shift towards more client-centric, technologically advanced, and leaner business models, Mohammad Khan, managing director and partner at BCG, said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Globally, the asset management industry\u2019s total AUM hit USD 128 tn in 2024, up 12% <\/strong><strong>y-o-y, <\/strong><strong>extending the rebound from the 2022 downturn<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/8\/858.pdf\" style=\"\" rel=\"noopener\">BCG\u2019s latest Global Asset Management report (pdf)<\/a>. Global revenues rose USD 58 bn in 2024, with USD 42 bn from market performance and USD 16 bn from net inflows. More than 70% of global revenue growth came from market performance, as major indices like the S&amp;P 500 and Nasdaq rallied, but half of the growth was offset by fee compression and the shift to lower-cost products. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Active funds saw USD 0.1 tn in global outflows in 2024, while passive products dre<\/strong><strong>w USD 1.6 tn in<\/strong><strong> inflows<\/strong>, as passive funds continue to gain popularity<strong>.<\/strong> Heavy redemptions from North America \u2014 USD 337 bn \u2014 were large enough to push worldwide active fund flows into negative territory despite inflows in every other region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fixed-income funds attracted USD 700 bn globally, whil<\/strong><strong>e active ETFs booked USD 325 bn in inflows<\/strong>, nearly USD 300 bn of which came from North America. Active ETF AUM has expanded at a 39% CAGR over the past decade, with actively managed products accounting for 44% of all ETF launches in 2024.<\/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 broadly in the green<\/strong>, as Japanese indices cheer news of stronger-than-expected growth in Japan\u2019s economy in 2Q 2025. On the flip side, the Hang Seng is down more than 1%. Over on Wall Street, futures point to another strong open after the S&amp;P 500 notched its third consecutive record high yesterday. <\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,251<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: +8.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">6,095<\/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: +18.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,006<\/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: +20.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.2% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.2% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-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\">10,834<\/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: -10.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">35,576<\/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: +19.6%)<\/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\">6,469<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.0% (YTD: +10.0%)<\/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\">9,177<\/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: +12.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,435<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.9% (YTD: +11.0%)<\/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>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 66.90<\/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%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2.85<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.4%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-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 3,381.2<\/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%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 118,002<\/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\">-4.4% (YTD: +24.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Chimera JP Morgan UAE Bond UCITS ETF<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">AED 3.59<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0% (YTD: +3.1%)<\/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\">148.35<\/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: +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>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\">14.83<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+2.4% (YTD: -14.5%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The DFM rose 0.1% yesterday<\/strong> on turnover of AED 720.8 mn. The index is up 18.2% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Sukoon Takaful (+8%), Salik (+4.1%) and Chimera S&amp;P UAE Shariah ETF- Share class B - Income (+3.8%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>National Industries Group Holding (-4.2%), Takaful Emarat (-3.1%) and Commercial Bank of Dubai (-3%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the ADX<\/strong>, the index fell 0.3% on turnover of AED 929.6 mn. Meanwhile, Nasdaq Dubai is down 0.5%. <\/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\/capital-markets\/\">capital 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=\"106594\" 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=\"106594\">\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\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/uae-mediates-yet-another-russia-ukraine-prisoner-exchange\/\">\r\n                            UAE mediates exchange of 168 prisoners between Russia and Ukraine                        <\/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\/08\/15\/uae-mediates-yet-another-russia-ukraine-prisoner-exchange\/\" 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\/08\/15\/uae-mediates-yet-another-russia-ukraine-prisoner-exchange\/')\">\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\/08\/15\/uae-mediates-yet-another-russia-ukraine-prisoner-exchange\/\">\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 mediates yet another Russia-Ukraine prisoner exchange&url=https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/uae-mediates-yet-another-russia-ukraine-prisoner-exchange\/\">\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\/08\/15\/uae-mediates-yet-another-russia-ukraine-prisoner-exchange\/&title=UAE mediates yet another Russia-Ukraine prisoner exchange\">\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+mediates+yet+another+Russia-Ukraine+prisoner+exchange+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F08%2F15%2Fuae-mediates-yet-another-russia-ukraine-prisoner-exchange%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\/08\/15\/uae-mediates-yet-another-russia-ukraine-prisoner-exchange\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1721.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"106595\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/uae-mediates-yet-another-russia-ukraine-prisoner-exchange\/1721-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1721.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1721.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1721.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1721.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106594\" class=\"content-area-description single-story post-106594 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterpriseam-uae tag-uae-russia-relations tag-war-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.7479d2cf-0c4e-4b74-8cc5-505c4f2a0386.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE mediated the exchange of 84 Ukrainian and 84 Russian captives<\/strong>, bringing the total number exchanged through its efforts to over 4.3k, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bl6x70q-uae-mediation-efforts-succeed-with-new-exchange\" style=\"\" rel=\"noopener\">Wam<\/a> reports. This is the sixteenth prisoner swap facilitated by the UAE between the two countries, with earlier exchanges mediated in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/19746b71-89fe-4135-aac6-7c005bc6770a\/the-uae-mediates-the-largest-russia-ukraine-prisoner-swap-so-far\" style=\"\" rel=\"noopener\">April<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fcac5c5f-4673-4aec-be12-77bb615d7689\/the-uae-facilitates-another-russia-ukraine-prisoner-exchange\" style=\"\" rel=\"noopener\">February<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/455522e8-d9e6-413f-b4ca-cada49293a55\/uae-mediates-the-first%253cmark%253e-prisoners%253c%2Fmark%253e-exchange-between-russia-and-ukraine-in-2025\" style=\"\" rel=\"noopener\">January<\/a> this 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\/diplomacy\/\">DIPLOMACY<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/war-watch\/\">War Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"106596\" 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=\"106596\">\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\">MY MORNING ROUTINE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/my-morning-routine-khalil-alami-founder-and-ceo-of-telr\/\">\r\n                            My Morning Routine: Khalil Alami, founder and CEO of Telr                        <\/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\/08\/15\/my-morning-routine-khalil-alami-founder-and-ceo-of-telr\/\" 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\/08\/15\/my-morning-routine-khalil-alami-founder-and-ceo-of-telr\/')\">\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\/08\/15\/my-morning-routine-khalil-alami-founder-and-ceo-of-telr\/\">\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=My Morning Routine: Khalil Alami, founder and CEO of Telr&url=https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/my-morning-routine-khalil-alami-founder-and-ceo-of-telr\/\">\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\/08\/15\/my-morning-routine-khalil-alami-founder-and-ceo-of-telr\/&title=My Morning Routine: Khalil Alami, founder and CEO of Telr\">\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=My+Morning+Routine%3A+Khalil+Alami%2C+founder+and+CEO+of+Telr+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F08%2F15%2Fmy-morning-routine-khalil-alami-founder-and-ceo-of-telr%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\/08\/15\/my-morning-routine-khalil-alami-founder-and-ceo-of-telr\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/963.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"106597\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/my-morning-routine-khalil-alami-founder-and-ceo-of-telr\/963-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/963.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"963.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/963.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/963.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106596\" class=\"content-area-description single-story post-106596 post type-post status-publish format-standard has-post-thumbnail hentry category-my-morning-routine tag-enterpriseam-uae tag-fintech tag-my-morning-routine tag-telr 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\/8\/.b01afcff-9376-45c2-9327-304e05c05802.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Khalil Alami, founder and CEO of Telr: <\/strong>Each week, My Morning Routine looks at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Khalil Alami (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/khalilalami\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), founder and CEO of <a target=\"_blank\" href=\"https:\/\/get.telr.com\/?gad_source=1&amp;gad_campaignid=22309937650&amp;gbraid=0AAAAADkR4p2K6CdVEpgzSxKpJfYhe2SS9&amp;gclid=CjwKCAjwkvbEBhApEiwAKUz6-5-ERqIPxJsBQQX0Quyy4iqVyeaVyq7DSG73k0Pu_O7lCE0DLku_1hoCproQAvD_BwE\" style=\"\" rel=\"noopener\">Telr<\/a>. Edited excerpts from our conversation:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>My name is Khalil. <\/strong>I\u2019m the founder and CEO of Telr, or what I like to call Telr 2.0, because I joined in 2019, a few years after it was founded, and helped reshape the business into what it is today. I\u2019m a husband, and a father of two beautiful daughters, and I\u2019ve been in financial services \u2014 or what is now called fintech \u2014 for the past 25 years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I started my career in the US with American Express<\/strong>, then moved to Jordan to set up the US trading desk at ABC Bank. After that, I launched a payments startup in Jordan, exited in 2019, and moved to the UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Telr started in 2014<\/strong>, founded by former PayPal regional general manager Elias Ghanem because he saw a need for a payment gateway that was from this region, for this region, as the e-commerce market began to boom in the region. Back then, online merchants often had to rely on costly, distant payment providers with little customer service. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>When I joined in 2019, the business needed reshaping.<\/strong> That was Telr 2.0; I re-engineered and innovated what I could to make sure we regained our leadership position in the market. This year marks Telr 3.0 \u2014 a technology-first payments processor licensed directly by the Central Bank of the UAE, independent from banks, and agile enough to be able to innovate at the speed merchants need. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>That means offering things like a single dashboard for merchants to track all their sale<\/strong><strong>s <\/strong>\u2014 social, online, in-app, or in-store \u2014 in one place. We also just launched Telr Incepta, which lets anyone worldwide set up a UAE company in three or four hours, open a bank account, integrate payments, and access over 50 services, from tax and accounting to travel booking. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE\u2019s rollout of open finance is another shift we\u2019re part of.<\/strong> Soon, Telr merchants will be able to accept payments made directly through merchants\u2019 customers\u2019 bank accounts \u2014 also known as pay by account \u2014 through this open banking infrastructure. With that also comes the new national debit card Jaywan and instant payments platform Aani, as well as the digital AED, which are all very important payment methods being introduced to the market.<strong> I see a huge transformation in the market over the next three to four years<\/strong> as these initiatives come to life. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019re headquartered in the UAE<\/strong>, with a full team in Saudi Arabia, and serve clients in 11 markets, including Jordan and Bahrain. The UAE, KSA, and Egypt alone account for about 95% of the region\u2019s e-commerce transactions, and we have Egypt in the pipeline along with other regional markets like Qatar and Kuwait. Our expansion follows our merchants\u2019 growth, not just a desire to plant a flag. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>My day starts with coffee<\/strong>, which is probably a common theme for this column. I check emails for overnight spillovers, then open Enterprise to scan industry headlines. I use my mornings for deep work: a quick brain dump, reorganizing yesterday\u2019s unfinished tasks, setting goals for today and tomorrow. By noon, the office buzz begins.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I set Telr\u2019s vision and strategy<\/strong>, work closely with the tech team to drive innovation, and foster a culture of agility, compliance, and creativity. I delegate heavily. I\u2019m lucky to have a team of masters at their craft, and I try not to meddle in daily operations unless absolutely necessary, because I think that can actually mess things up rather than let things take their natural course. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Outside the operational side, my day also involves investor relati<\/strong><strong>ons, partnerships, and keeping our public presence aligned with our values.<\/strong> I monitor key KPIs every morning, looking for unusual spikes or dips and digging into the why behind them.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Weekends are sacred family time<\/strong>. Saturdays and Sundays are important for me to spend with my wife and daughters, whether that\u2019s at home or out doing activities together. Travel is another way I like to disconnect, although in reality, I\u2019m never truly disconnected; I\u2019ll still take calls on weekends if needed. One thing I look forward to every year is going camping out in the desert where there\u2019s no reception at all. It\u2019s just one night, so about 24 hours of a complete technology detox. It\u2019s short, but it\u2019s enough to reset.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a personal level<\/strong>, right now I\u2019m focusing on health and longevity, and how technology can play a role in that. I use a lot of gadgets to track my health. I also try to get to the gym as much as I can, though a heavy travel schedule sometimes gets in the way. My goal for 2025 and 2026 is to consciously maintain a better work-life balance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I also spend time mentoring startup founders<\/strong>, especially in technology, which exposes me to new ideas. I maintain strong relationships with other CEOs in my space, even competitors. I don\u2019t see them purely as rivals. We share insights, flag potential risks, and try to maintain the overall health of the market. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I measure whether our strategy is working through merit-based recognition <\/strong>\u2014 not awards you can buy, but ones you earn. Being named one of the UAE\u2019s Future 100 companies by the Ministry of Trade and the Ministry of Technology, or making it into Forbes\u2019 Fintech 50, means a lot because we didn\u2019t apply for or pay for them. They\u2019re based purely on merit, and that\u2019s the kind of validation that tells me we\u2019re moving in the right direction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I\u2019m currently reading Money Men by Dan McCrum<\/strong>, about a payment gateway that grew from a startup to a multi-bn multinational before collapsing overnight due to fraud. It\u2019s fascinating because it\u2019s from my industry. I listen to a lot of podcasts, some about entrepreneurship and scaling up, others completely unrelated to work just to unwind. And like everyone else, I watch Netflix. I like Black Mirror and I\u2019m also a fan of Yellowstone.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Two pieces of advice have stuck with me. <\/strong>The first, from my father, who has over 50 years of experience in financial services: Always have a strong accountant or accounting department. In payments, money is emotional and unforgiving. Without strong systems, you\u2019re lost. The second, from a former bank CEO: Put yourself in your customer\u2019s shoes. It sounds obvious, but few leaders do it well. I regularly play devil\u2019s advocate, challenging our processes from a merchant\u2019s perspective to keep the customer at the center of every decision.<\/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\/fintech\/\">fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/telr\/\">Telr<\/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=\"106598\" 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\/08\/15\/106598-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-106598\" class=\"content-area-description single-story post-106598 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;\">AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-24 August (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mediaoffice.abudhabi\/en\/topic\/abu-dhabi-international-chess-festival\/\" style=\"\">Abu Dhabi International Chess Festival<\/a><\/span><span>, Radisson Blu Hotel & Resort, Abu Dhabi Corniche.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-24 August (Wednesday-Sunday): Dubai hosts <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mediaoffice.ae\/en\/news\/2025\/august\/12-08\/dubai-program-for-gaming-to-host-regionfirst-ever-government-pavilion\" style=\"\">government pavilion at Gamescom 2025<\/a><\/span><span style=\"font-weight:400;\">, Cologne, Germany.<\/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 style=\"font-weight:400;\">7 September (Sunday) Opec+ meet to discuss production policy for October. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9 September (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/du-announces-the-third-edition-of-envision-r79dykvz\" style=\"\">Envision 2025<\/a><\/span><span style=\"font-weight:400;\">, Atlantis, The Royal, Dubai. <\/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>8-10 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 Center.<\/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-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/upc28dubai.post\/\" style=\"\">Universal Postal Congress<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">8-18 September (Monday-Thursday): BHM Capital Financial Services\u2019s AED 200 mn rights issue will be open for subscriptions. <\/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 style=\"font-weight:400;\">10-20 September (Wednesday-Saturday): IFMA Youth World Muay Thai Championship, Abu Dhabi.<\/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>23-24 September (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/menaevshow.com\/#:~:text=Welcome%20to%20MENA%20EV%20Show,Focus%20Sectors\" style=\"\">MENA EV Show<\/a><\/span><span style=\"font-weight:400;\">, The Agenda, Dubai Media City. <\/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>25-27 September (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ilds.org\/news-events\/events\/the-10th-international-congress-of-medical-excellence-in-dermatology-and-aesthetic-medicine\/#:~:text=25%20Sep%202025-,The%2010th%20International%20Congress%20of%20Medical%20Excellence%20in%20Dermatology%20and,September%202025%20in%20Dubai%2C%20UAE.\" style=\"\">International Congress of Medical Excellence in Dermatology and Aesthetic Med<\/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 (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/theafricadebate.com\/uae\" style=\"\">Africa Debate 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>30 September (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dpc.org.ae\/en\/podfestdubai\" style=\"\">Dubai Podfest<\/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 Center. <\/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 Center. <\/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 style=\"font-weight:400;\">7 October (Tuesday): Enterprise Egypt Forum 2025.<\/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>12\u201315 October (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.expandnorthstar.com\/\" style=\"\">Expand North Star<\/a><\/span><span style=\"font-weight:400;\">, Dubai Harbor.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 October (Tuesday-Thursday): <\/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 style=\"font-weight:400;\">15-18 October (Wednesday-Saturday): Middle East Electric Vehicle Show, Expo Center Sharjah. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20 October (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reutersprofessional.com\/reuters-media\/next-gulf-landing-site\/p\/1\" style=\"\">Reuters NEXT Gulf Summit<\/a><\/span><span style=\"font-weight:400;\">, The St. Regis Saadiyat Island Resort, Abu Dhabi.<br \/><\/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 Center 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>1-2 November (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubai.platinumlist.net\/event-tickets\/we-convention-womens-empowerment-convention?utm_source=social&utm_medium=linkedin&utm_campaign=26may_smm_linkedin\" style=\"\">Women's Empowerment Convention (WE Convention)<\/a><\/span><span style=\"font-weight:400;\">, Atlantis The Royal, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-9 November (Tuesday-Saturday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dubaidesignweek.ae\/\" style=\"\">Dubai Design Week<\/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>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 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dubaibusinessforum.com\/en\/home\" style=\"\">Dubai Business Forum<\/a><\/span><span style=\"font-weight:400;\">, Cipriani South Street, New York City.<\/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>13-15 November (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/acifma.com\/events\/48th-ica-conference-exhibition#:~:text=We'\"re%2520pleased%2520to%2520announce,ahead%2520in%2520an%2520evolving%2520market.&sa=D&source=editors&ust=1755230502651378&usg=AOvVaw3R0pfS1SB9pLbdP2tvpbst\" style=\"\">International Financial Markets (ICA) Conference and Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Conrad Dubai. <\/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 Center, 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<\/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>8-9 December (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ainvest.com\/news\/vap-group-host-global-ai-show-2025-abu-dhabi-5000-attendees-2508\/\" style=\"\">Global AI Show 2025<\/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>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>8-11 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adgm.com\/media\/announcements\/adfw-2025-set-to-double-in-size-at-new-location\" style=\"\">Abu Dhabi Finance Week<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi's International Financial 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;\">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 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;\">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<\/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;\">JANUARY 2026 <\/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 January: Client asset regime changes in Dubai International Financial Center take effect. <\/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;\">9-11 January (Friday-Sunday): 1 Bn Followers Summit, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><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><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY 2026 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><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><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><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><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-13 February (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/whx-dubai-and-whx-labs-dubai-to-combine-in-2026-to-form-the-worlds-largest-healthcare-event-rja84scy\" style=\"\">The World Health Expo (WHX)<\/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 in 2026: <\/span><\/p>\n<ul>\n<li><span>31 March - 2 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bkogr9j-dubai-press-club-organise-arab-media-summit-2026\" style=\"\">Arab Media Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai.  <\/span><\/li>\n<li><span>13-15 April ( Monday-Wednesday) : <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/dubai-to-host-third-edition-of-international-glass-manufacturing-show-in-april-2026-bjw53wgq\" style=\"\">The International Glass Manufacturing Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/span><\/li>\n<li><span>14-16 April: (Tuesday-Thursday): the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ips-dubai.com\/\" style=\"\">International Property Show<\/a><\/span><span style=\"font-weight:400;\">, Sheikh Zayed Rd, Dubai.    <\/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 <\/span><\/li>\n<li><span style=\"font-weight:400;\">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 style=\"font-weight:400;\">Sibos 2029 organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), Dubai.<\/span><\/li>\n<li><span style=\"font-weight:400;\">The commissioning of the seventh phase of Mohammed bin Rashid Al Maktoum Solar Park.<\/span><\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Inflation up to 2.9% | Zhenzhua Oil to double crude supplies from Adnoc | Mubadala Capital acquires CI Financial<\/p>\n","protected":false},"featured_media":106570,"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-106569","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"4149360d-b154-47d2-bb96-c94f1470ae01","teaser":"Inflation up to 2.9% | Zhenzhua Oil to double crude supplies from Adnoc | Mubadala Capital acquires CI Financial","photo_url":"https:\/\/ent.news\/2025\/5\/179.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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