{"id":108556,"date":"2025-10-17T00:00:00","date_gmt":"2025-10-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=108556"},"modified":"2025-12-15T05:16:17","modified_gmt":"2025-12-15T05:16:17","slug":"sharjah-sells-rmb-2-bn-panda-bond-plus-maf-adnoc-drilling-mubadala-tap-debt-markets","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/sharjah-sells-rmb-2-bn-panda-bond-plus-maf-adnoc-drilling-mubadala-tap-debt-markets\/","title":{"rendered":"Sharjah sells RMB 2 bn Panda bond. PLUS: MAF, Adnoc Drilling, Mubadala tap debt markets"},"content":{"rendered":"<section id=\"108558\" 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=\"108558\">\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\/10\/17\/this-morning-mubadala-to-tap-debt-markets-again-this-month-reuters-poll-positive-on-uae-growth-this-year\/\">\r\n                            THIS MORNING: Mubadala to tap debt markets again this month + Reuters poll positive on UAE growth this year                        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<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=\"108559\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/this-morning-mubadala-to-tap-debt-markets-again-this-month-reuters-poll-positive-on-uae-growth-this-year\/1595-jpg-21\/\" 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-108558\" class=\"content-area-description single-story post-108558 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-adx tag-artificial-intelligence tag-data-center tag-debt tag-dubai tag-economy tag-enterpriseam-uae tag-fujairah tag-g42 tag-gdp tag-mubadala tag-oil-and-gas tag-presight-holdings tag-roads-and-transport-authority tag-uae-india-relations 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\/10\/.23cbdf2e-6033-4e29-9011-39c70fc8db08.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, lovely people. <\/strong>Today\u2019s issue is heavy on the debt news \u2014 both corporate and sovereign, as Mubadala taps debt markets for the second time in as many weeks, Sharjah takes a Panda bond to market, and Majid Al Futtaim and Adnoc Drilling both raise capital to fuel their expansion plans.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- ADGM issued new rules for tax, legal and corporate service providers.<\/strong> Let\u2019s dive in.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- Dubai <\/strong>will see a high of 37\u00b0C and a low of 28\u00b0C, while <strong>Abu Dhabi<\/strong> will see a peak of 37\u00b0C and a low of 27\u00b0C, according to our favorite weather app.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1- <\/strong><strong>Mubadala to t<\/strong><strong>ap debt markets again this month:<\/strong> Mubadala\u2019s debt-issuing arm, Mamoura Diversified Global Holding (MDGH), is offering an AED-denominated benchmark-sized five-year bond with initial price guidance of 4.45%, according to <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/capital-markets\/bonds\/ipts-outs-abu-dhabis-mamoura-for-5-year-dirham-bond-la8p7u8k\" style=\"\" rel=\"noopener\">Zawya<\/a>. This comes a week after the company priced a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f51692c8-5c88-49d5-9bb6-e826e94465ac\/mubadala-tightens-price-on-usd-750-mn-issuance-%2B-fab-issues-a-blue-bond\" style=\"\" rel=\"noopener\">USD 750 mn<\/a>, 10-year senior unsecured bond, with pricing tightened to 55 basis points over US Treasuries, from initial guidance of 90 basis points, after attracting over USD 5.6 bn in orders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Regulation S senior unsecured bond will be issued by Mamoura\u2019s Global Medium Term Note Program <\/strong>and guaranteed by Mamoura, with settlement scheduled for 23 October. The bond will be listed on the London Stock Exchange and is expected to carry an AA rating from Fitch.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Abu Dhabi Commercial Bank, Bank of China, Citigroup, Emirates NBD Capital, First Abu Dhabi Bank, Goldman Sachs International, HSBC, Industrial and Commercial Bank of China, National Bank of Kuwait and Standard Chartered are acting as joint lead managers and bookrunners.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2-<\/strong><strong> A group of economists polled by <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/growth-most-gulf-economies-hold-steady-this-year-next-rising-oil-output-2025-10-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong> see the UAE\u2019s economy <\/strong><strong>growing 4.6% <\/strong><strong>during 2025 and 2026<\/strong>, making it the fastest growing in the Gulf region this year, down from an earlier forecast of 4.8% by a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dc82abc0-9d60-4838-9d60-37ea5af5d418\/this-morning:-abu-dhabi-to-invest-in-major-tourism-project-in-oman-%2B-ega-eyes-ghana%25e2%2580%2599s-bauxite-project\" style=\"\" rel=\"noopener\">Reuters poll earlier this year<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\"The UAE's economy looks set to record another bumper year of GDP growth in 2025. <\/strong>But support from both oil and non-oil sectors will start to fade in 2026, causing growth to slow,\u201d the newswire quoted Capital Economics James Swanston as saying. \u201cThis rise in output will provide a sizeable boost to GDP growth this year but that will start to ease from early next year,\u201d he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Reuters\u2019 projection follows recent upgrades to the UAE\u2019s 2025 GDP forecast from the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/20c6a743-94bf-412d-93f3-b11225412f5d\/%253cmark%253eworld-bank%253c%2Fmark%253e-upgrades-gdp-growth-forecast-to-4.8%2525-in-2025\" style=\"\" rel=\"noopener\">World Bank<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/845a822d-d288-475c-bf15-e8b0ef5e3e0c\/imf-upgrades-uae%25e2%2580%2599s-2025-growth-forecast-on-oil-rebound-and-non-oil-momentum-%2B-moody%25e2%2580%2599s-affirms-uae,-abu-dhabi%25e2%2580%2599s-aa2-ratings\" style=\"\" rel=\"noopener\">IMF<\/a><\/strong> to 4.8%, broadly in line with the Central Bank of the UAE\u2019s (CBUAE) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/89c2ba70-cf56-4076-b3a5-0851113adeb0\/cbuae-lifts%253cmark%253e-gdp%253c%2Fmark%253e-forecast-this-year-to-4.9%2525-on-higher-oil-production-and-non-oil-momentum\" style=\"\" rel=\"noopener\">revised forecast<\/a> of 4.9% in 2025. Meanwhile, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/10f66dfa-a9b8-425f-8f92-6b6b60068b24\/this-morning:-president-mohamed-bin-zayed-al-nahyan-kicks-off-russia-visit-%2B-pakistan-mart-is-coming\" style=\"\" rel=\"noopener\">Standard Chartered sees the economy expanding by 5%<\/a> in 2025, while <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f03ad98c-a477-4024-ade0-9d019a0922f6\/bmi-trims-its-growth-forecast-for-the-uae-to-4.3%2525-in-2025\" style=\"\" rel=\"noopener\">Fitch Solutions\u2019 BMI forecasts 4.3%<\/a> growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Regionally, most GCC economies are projected to expand this year and next<\/strong>, supported by higher oil production, according to Reuters. \u201dSo far, revenues have held up... If OPEC+ is successful in recovering market share this will give them greater pricing power and control over global supply-demand dynamics, which will allow them to [maximize] revenues in the longer term,\u201d Reuters quoted Goldman Sachs\u2019 MENA economist Farouk Soussa as saying.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#3- <\/strong><strong>G42 has secured long-term equipment and begun construction <\/strong><strong>of the 1 G<\/strong><strong>W Stargate UAE AI complex<\/strong> in Abu Dhabi, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/ar\/article\/bm8fagl-%D8%AC%D9%8A-42-%D8%AA%D8%B9%D9%84%D9%86-%D8%A7%D8%B3%D8%AA%D9%83%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D9%86%D9%87%D8%A7%D8%A6%D9%8A%D8%A9-%D9%84%D9%84%D8%A3%D9%86%D8%B8%D9%85%D8%A9\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The group also said it has secured 20% of its mechanical systems.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The project is part of the <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\">5 GW UAE-US AI Complex<\/a> announced in May with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9e9721a7-9b81-43d6-8010-2cba5e142991\/g42-to-develop%253cmark%253e-stargate%253c%2Fmark%253e-uae-alongside-us-ai-powerhouses\" style=\"\" rel=\"noopener\">OpenAI, Oracle, Nvidia, Cisco, and SoftBank<\/a>. G42 is still <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/360f8e6e-24e0-44c7-aa55-eda3a0b64859\/this-morning:-g42-to-launch-sovereign-ai-cloud-in-france-soon-%2B-emirates-nbd-could-get-nod-from-indian-central-bank-for-controlling-stake-in-rbl\" style=\"\" rel=\"noopener\">finalizing the remaining 4 GW<\/a> with US hyperscalers, under the broader <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/83962672-34d6-4fa0-9c03-2159613a897a\/inside-trump%25e2%2580%2599s-usd-500-bn-ai-project%253cmark%253e-stargate%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">USD 500 bn UAE-US AI infrastructure partnership<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3261fa8a-9604-492d-88c8-a0108899f5fa\/uae,-us-ink-usd-200-bn-investment-agreements-in-ai,-critical-minerals,-and-energy\" style=\"\" rel=\"noopener\">USD 200 bn US-UAE investment pact<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The caveat: <\/strong>While G42 is in line for Nvidia chips for the Stargate UAE cluster, the US has been limiting exports and has so far only <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/102ed2aa-1010-450e-95b7-8c2c2cdb308d\/us-greenlights-some-nvidia-ai-chip-sales-to-uae\" style=\"\" rel=\"noopener\">approved chips<\/a> directly meant for US-linked data center infrastructure in the UAE, as opposed to G42 itself. It\u2019s still unclear how the partnership will move forward, though G42 was initially reported to be receiving one-fifth of the 500k chips Nvidia will be sending to the UAE annually. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Presight<\/strong><strong> expands i<\/strong><strong>nto four international markets: <\/strong>UAE-based data analytics firm Presight is expanding its global footprint after inking agreements to mark its entry into Uganda, Angola, Tanzania, and Kazakhstan, Chief Operating Officer Adel Al Sharji told state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bm8fhno-presight-enter-new-markets-across-four-continents\" style=\"\" rel=\"noopener\">Wam<\/a>. The firm currently operates in 20 countries and opened its first international office in Kazakhstan in May.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More expansion in the pipeline: <\/strong>The firm is looking to expand into Malaysia next and is also opening a new regional headquarters in Jordan next week, with more regional office openings set to follow, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Strong int\u2019l revenues an incentive: <\/strong>Presight saw its topline income from international markets surge in 1H of this year, accounting for 24.6% of its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5004ef55-bd18-4dab-b52e-71a70f908644\/more-and-more-earnings\" style=\"\" rel=\"noopener\">total AED 1.1 bn revenue<\/a> \u2014 up from 6.7% in 1H 2024 \u2014 as it looks to increase international operations\u2019 share of revenues to 40%. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Dubai\u2019s self-driving trackless tram study to wrap by mid-2026: <\/strong>Dubai\u2019s Roads and Transport Authority (RTA) will complete its study for the city\u2019s first self-driving trackless tram system by early to mid-2026, a senior official told <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/life-and-living\/public-transport-in-uae\/dubai-trackless-tram-ease-congestion\" style=\"\" rel=\"noopener\">Khaleej Times<\/a>. Announced in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fb13674e-722b-424e-969b-0d612e54ff41\/dubai-to-get-new-trackless%253cmark%253e-tram%253c%2Fmark%253e,-more-road-upgrades-as-part-of-aed-16-bn-urban-mobility-and-infrastructure-plan\" style=\"\" rel=\"noopener\">November 2024<\/a>, the battery-powered trams will run directly on the street via virtual tracks guided by GPS, light detection and ranging, and optical sensors, operating in dedicated lanes and carrying up to 300 passengers at speeds of 70 km\/h.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Dubai aims to make 25% of transport autonomous by 2030. The RTA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/24719287-77f7-49ea-b9f4-dc41b54d2f91\/this-morning:-new-emirates-road-upgrade-to-cut-dubai-ras-al-khaimah-travel-time-%2B-dubai-approves-autonomous-heavy-vehicle-regulations\" style=\"\" rel=\"noopener\">last month<\/a> approved rules for autonomous heavy vehicles, and the city also granted permits to Apollo Go, WeRide, and Pony.ai to pilot driverless trials on its roads.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong>Uzbek unic<\/strong><strong>orn to come to ADX? <\/strong>Uzbekistan\u2019s fintech and e-commerce startup Uzum, valued at USD 1.5 bn, is eyeing up a listing in Abu Dhabi amid interest from Middle East investors in its latest funding round, as well as New York, London, and Hong Kong, for its 2027 IPO, co-founder Nikolay Seleznev told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/tencent-backed-uzbek-start-up-uzum-considers-london-listing-2025-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The firm is Uzbekistan\u2019s highest valued start-up and raised USD 70 mn in equity from the US\u2019 VR Capital and China\u2019s Tencent this year. It is considering listing outside Uzbekistan to access deeper liquidity and investor bases.<\/p>\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/zayednationalmuseum.ae\/en\/\" style=\"\" rel=\"noopener\">Zayed National Museum<\/a><\/strong><strong> will open its doors on Wednesday, 3 Decemb<\/strong><strong>er<\/strong>, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bm8fhkr-zayed-national-museum-open-december-saadiyat\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The museum, located in Abu Dhabi\u2019s Saadiyat Cultural District and built in honor of the late Sheikh Zayed bin Sultan Al Nahyan, will walk visitors through the UAE\u2019s history from ancient civilization until modern day. The museum is launching a program of tours, activities, workshops, and performances to mark the opening.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ticket prices: <\/strong>Tickets will cost AED 70 for adults, while students and teachers will benefit from a markdown of AED 35. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Couples can now get married using the Tamm app<\/strong>, Abu Dhabi\u2019s one-stop government services platform, in a new service overseen by Abu Dhabi Judicial Department, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/news\/uae\/2025\/10\/14\/tap-on-an-app-to-tie-the-knot-couples-in-abu-dhabi-can-get-married-in-online-ceremony-for-dh800\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. Emirati citizens, residents, and tourists in the UAE can pay AED 800 to carry out a marriage ceremony via the platform, but will need to have two witnesses and a licensed officiant present. The app is integrated with the UAE Pass for verification purposes, and couples can receive an instant marriage certificate for AED 300. <\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gitex.com\/\" style=\"\" rel=\"noopener\">GITEX Global<\/a><\/strong><strong> is on its final day <\/strong>at the Dubai World Trade Center. The tech expo gathers major industry players including from G42 and Cerebras, as well as government officials, and innovators under one roof to showcase developments in AI, cloud computing, cybersecurity, quantum technologies, and digital infrastructure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- It\u2019s day five of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/meetings.imf.org\/\" style=\"\" rel=\"noopener\">World Bank and IMF annual meetup<\/a><\/strong><strong> in Washington. <\/strong>Dominating the conversation around the meetings is the fund\u2019s warning that global sovereign debt will hit 100% of GDP by 2029 \u2014 the highest since 1948 \u2014 according to its latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/10\/764.pdf\" style=\"\" rel=\"noopener\">Fiscal Monitor report (pdf)<\/a>. On the bright side, the UAE is expected to see its debt-to-GDP ratio fall to 26.6% by 2030, down from 31.9% in 2025. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.evolveshow.ae\/en\" style=\"\" rel=\"noopener\">Evolve Future Mobility Show<\/a><\/strong><strong> is running until Saturday<\/strong> at the Expo Center in Sharjah. The event will host 200 international exhibitors as well as industry leaders, policymakers, and entrepreneurs, to explore the use of EV technology in key sectors of sustainable mobility.<\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a quiet morning in the international business press, though one story is getting plenty of play: <\/strong>Concerns are rising over bad loans on Wall Street, after one bank flagged an instance of borrower fraud and another saying it had to pay a sizable charge due to some of its borrowers. Shares in investment bank Jeffries and others tanked on the news, shedding some USD 100 bn in value. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/10\/16\/regional-banks-and-jefferies-shares-tank-as-concerns-grow-on-wall-street-about-sour-loans.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-16\/banks-trio-of-alleged-frauds-spark-fears-of-broader-issues?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>Meanwhile, US President Donald Trump is <\/strong><strong>still \u2014 as usual \u2014 topping headlines, this time with plans to meet Russian President Vladimir Putin in Budapest<\/strong> next week to discuss ending the war with Ukraine, fresh off of his brokering of the Israel-Hamas ceasefire agreement. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-16\/trump-s-plan-for-a-second-putin-meeting-undercuts-ukraine-push?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/russia\/trump-and-putin-to-speak-ahead-of-zelensky-meeting-a1846a93?mod=hp_lead_pos5\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/trump-putin-speak-before-zelenskiys-white-house-visit-axios-reports-2025-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/10\/16\/us\/politics\/trump-putin-cease-fire-ukraine.html\" style=\"\" rel=\"noopener\">New York Times<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also out of the US<\/strong>, Trump\u2019s former national security adviser John Bolton \u2014 and one of his biggest critics \u2014 was charged with sharing classified government information with who he described as his book\u2019s editors, marking the latest in a series of indictments against Trump\u2019s critics. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/justice-department-seek-indictment-ex-national-security-adviser-bolton-bloomberg-2025-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/us-news\/law\/doj-john-bolton-indictment-95810188?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/47efbdcc-6d04-435e-9417-2235471f4043\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/10\/16\/us\/trump-shutdown-news\" style=\"\" rel=\"noopener\">New York Times<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- The US could be easing tariffs on the auto industry<\/strong> following lobbying from US carmakers, with the extension of an arrangement allowing carmakers to pay a reduced tariff for five years, instead of two. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-16\/us-nears-tariff-relief-for-auto-industry-after-lobbying-push?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/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.&nbsp;<a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" rel=\"noopener\">Tap or click here<\/a><span style=\"background-color: transparent;\"> to get your own copy of EnterpriseAM UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/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>India\u2019s<\/strong><strong> state-run refiners are planning to shift away from Middle Eastern liquified<\/strong> <strong>petroleum gas (LPG) and boost US imports<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/india-refiners-buy-more-us-lpg-2026-cut-middle-east-imports-sources-say-2025-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing sources familiar with the matter. State refiners have notified traditional suppliers in Saudi Arabia, the UAE, and other gulf countries about the expected cuts, though the scale of the reduction has not been finalized, Reuters said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers: <\/strong>India imports around 65% of its LPG consumption, amounting to some 31 mn tons. Last year, the UAE was the biggest exporter of LPG to India, with some 8.1 mn tons imported from the UAE, 5 mn tons from Qatar, 3.4 mn tons from Kuwait, and 3.3 mn tons from Saudi Arabia. The country seeks to purchase around 2 mn metric tons of American LPG in 2026 through tenders. <\/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>Sales of high-sulfur marine fuel at the Port of Fujairah surged to their highest level so far <\/strong><strong>this year in September<\/strong>, rising 21.7% m-o-m in 229.6k cbm, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/ar\/business\/ATWC33Y3DRN25GW3DJYXWVY5AM-2025-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing data from the Fujairah Oil Industry Zone (FOIZ) published by S&amp;P Global Commodity Insights. High-sulfur fuel accounted for 36% of total bunker sales during the month, up from 30% in August, while low-sulfur fuels made up the remaining 64%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the down side, total bunker sales fell 1.8% m-o-m<\/strong> to 639k cbm in September \u2014 the lowest level in three months \u2014 as lower demand for low-sulfur fuel weighed on overall volumes. Sales of low-sulfur marine fuels, including low-sulfur fuel oil and marine gas oil, dropped to 409.4k cbm during the month. <\/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\/adx\/\">ADX<\/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\/data-center\/\">Data center<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n         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class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/sharjah-sells-rmb-2-bn-panda-bond\/\">\r\n                            Sharjah sells RMB 2 bn Panda bond                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/sharjah-sells-rmb-2-bn-panda-bond\/\" 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 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data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2504.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2504.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-108561\" class=\"content-area-description single-story post-108561 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt tag-debt-watch tag-enterpriseam-uae tag-sharjah tag-uae-china-relations wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.74cee99a-aebe-4d41-b7a4-89a5f97d3229.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Sharjah<\/strong><strong> raised RMB 2 bn (USD 280.3 mn) from a three-year Panda bond<\/strong>, at an initial price ranging between 2.5-3.2% on Monday, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/capital-markets\/bonds\/sharjah-sells-280mln-in-panda-bond-bnpccn6g\" style=\"\" rel=\"noopener\">Zawya<\/a> reported. The final coupon has not yet been revealed, though initial price thoughts were in the 2.5-3.2% range. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">This is the second time for the emirate to tap the Panda bond market<\/strong><span style=\"background-color: transparent;\">, after raising a RMB 2 bn bond (USD 316 mn) in February 2018, making it the first in the Middle East to do so.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where the money will go: <\/strong>The emirate will mainly use the proceeds, which will be remitted offshore and converted into AED or USD, for financing budget expenditures and infrastructure projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The sale <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9f5a8498-d89b-4e39-a2c6-b9638ecad347\/this-morning:-sharjah-eyes-rmb-denominated-loan-%2B-emirates-nbd-back-in-talks-with-india%25e2%2580%2599s-rbl-bank%3F\" style=\"\" rel=\"noopener\">coincides<\/a> with the emirate\u2019s plans to secure an RMB-denominated syndicated loan worth up to USD 400 mn, at a fixed interest rate of 2.6% for a five-year term. The loan \u2014 which comprises an initial amount of USD 250 mn and a greenshoe option to raise it by USD 150 mn \u2014 will be used for general corporate purposes and is expected to be finalized this month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of a wider trend in the Gulf: <\/strong>The bond sale along with the planned syndicated loan are part of a broader trend among Gulf economies looking to diversify their capital sources by turning to Asian lenders. Borrowers are benefiting from strong demand among Asian banks to lend to highly-rated entities, such as sovereign and quasi-sovereign institutions\u2014 particularly amid a slowdown in transaction activity within Asia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cAsian participation has been very strong in regional paper in 2025,\u201d<\/strong> Nour Safa, head of MENA Debt Capital Markets at HSBC <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/81cb6edf-0ead-481b-8029-a5d7602ef01a\/The%20UAE%20was%20the%20region%E2%80%99s%20second%20most%20active%20bond%20issuer%20in%209M%202025\" style=\"\" rel=\"noopener\">said recently<\/a>, adding that Asian investors are trying to diversify their holdings away from home and see the GCC as a safe haven instrument. Tighter spreads and strong oversubscriptions also point to sustained investor demand for Gulf paper, she said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Bank of China acted as the lead underwriter and bookrunner. Credit Agricole (China), JP Morgan Chase (China), Industrial and Commercial Bank of China, China Bohai Bank, Citic Securities, Export-Import Bank of China and Shenwan Hongyuan Securities were joint lead underwriters and bookrunners.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sharjah\/\">Sharjah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-china-relations\/\">UAE-China relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"108563\" 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=\"108563\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/majid-al-futtaim-properties-prices-sukuk\/\">\r\n                            Majid Al Futtaim Properties prices sukuk amid a push into regional markets                        <\/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\/10\/17\/majid-al-futtaim-properties-prices-sukuk\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/majid-al-futtaim-properties-prices-sukuk\/')\">\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\/10\/17\/majid-al-futtaim-properties-prices-sukuk\/\">\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=Majid Al Futtaim Properties prices sukuk&url=https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/majid-al-futtaim-properties-prices-sukuk\/\">\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\/10\/17\/majid-al-futtaim-properties-prices-sukuk\/&title=Majid Al Futtaim Properties prices sukuk\">\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=Majid+Al+Futtaim+Properties+prices+sukuk+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F10%2F17%2Fmajid-al-futtaim-properties-prices-sukuk%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\/10\/17\/majid-al-futtaim-properties-prices-sukuk\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1768.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"108564\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/majid-al-futtaim-properties-prices-sukuk\/1768-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1768.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1768.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1768.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1768.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-108563\" class=\"content-area-description single-story post-108563 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-enterpriseam-uae tag-majid-al-futtaim tag-sukuk wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.bc822a92-bc1e-4be5-bd2e-10831962e438.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Majid<\/strong><strong> Al Futtaim Properties priced a USD 500 mn, 10-year senior unsecured <\/strong><strong>sukuk at a <\/strong><strong>spread of 95 bps over US Treasuries<\/strong>, tightening from initial guidance of 125 bps, after orders surpassed USD 1.75 bn, including interest from joint lead managers, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/economy\/islamic-economy\/majid-al-futtaim-properties-prices-500mln-10-year-sukuk-gsdhs4xs\" style=\"\" rel=\"noopener\">Zawya<\/a> reports. The notes will be listed in Dubai and Dublin.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The details: <\/strong><span style=\"background-color: transparent;\">The issuance, which is part of the group\u2019s USD 3 bn debt program, landed with a coupon rate of 4.875% and a yield of 4.955%, after being offered at a reoffer price of USD 99.375. Proceeds will go toward general corporate purposes and refinancing, Zawya said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- Majid Al Futtaim Properties <\/strong><strong>is ramping up expansion plans across the region<\/strong>, with more than EGP 15 bn (AED 1.1 bn) earmarked for its new mixed-use Junction project in West Cairo, where it also plans to invest EGP 1.9 bn (c. AED 143.6 mn) in the retail sector this year alone. Over in Saudi Arabia, it has earmarked SAR 17.5 bn for an integrated urban development in Riyadh, CEO Ahmed El Shamy told us <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c5a25600-99fe-453c-9b15-42f0a29cb76b\/majid-al%253cmark%253e-futtaim%253c%2Fmark%253e-is-pouring-bns-in-egypt,-ksa\" style=\"\" rel=\"noopener\">in April<\/a>, and is working on a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/273c2f9f-587f-4619-98e4-6d6ebc78c59a\/%253cmark%253emajid-al-futtaim%253c%2Fmark%253e-tapped-for-saudi-vision-2030-project\" style=\"\" rel=\"noopener\">d an a retail multiplex<\/a> in Diriyah Square. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/majid-al-futtaim\/\">Majid Al Futtaim<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sukuk\/\">Sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"108565\" 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=\"108565\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/adnoc-drilling-raises-usd-2-bn-from-loan-credit-facility\/\">\r\n                            Adnoc Drilling raises USD 2 bn from loan, credit facility                        <\/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\/10\/17\/adnoc-drilling-raises-usd-2-bn-from-loan-credit-facility\/\" 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 disclosure did not specify who was providing the facilities but stated that the term loan will refinance an existing facility maturing in October 2025, while the revolving facility would fund the company\u2019s growth prospects and working capital needs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Adnoc Drilling is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4ef9fa18-6aa3-4a21-bf78-50d46b50dcf3\/this-morning:%253cmark%253e-adnoc-drilling%253c%2Fmark%253e-eyes-another-acquisition-in-kuwait-and-oman-%2B-fuel-prices-are-down-marginally-in-august\" style=\"\" rel=\"noopener\">eyeing a second acquisition in Kuwait or Oman<\/a> by early 2026, following its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e832e610-531e-4302-b566-22a39164bcc0\/adnoc-drilling-is-now-in-oman-and-kuwait\" style=\"\" rel=\"noopener\">USD 112 mn Schlumberger agreement<\/a>, and is also pursuing two tech-linked acquisitions worth about USD 350 mn through its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a9dfc6f3-66af-437c-ab94-de59558cb7b2\/more-earnings-pour-in\" style=\"\" rel=\"noopener\">Enersol JV with Alpha Dhabi<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc-drilling\/\">Adnoc Drilling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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=\"108567 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=\"108567\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/108567-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article 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  <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tech<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/day-four-of-gitex-ai-training-sovereign-platforms-and-crypto-in-the-spotlight\/\">\r\n                            Day four of Gitex: AI training, sovereign platforms, and crypto in the spotlight                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/day-four-of-gitex-ai-training-sovereign-platforms-and-crypto-in-the-spotlight\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1295.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"108569\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/day-four-of-gitex-ai-training-sovereign-platforms-and-crypto-in-the-spotlight\/1295-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1295.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1295.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1295.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1295.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-108568\" class=\"content-area-description single-story post-108568 post type-post status-publish format-standard has-post-thumbnail hentry category-_newspack_tech tag-ajman-bank tag-amazon tag-artificial-intelligence tag-crypto tag-digital-assets tag-e tag-energy tag-enterpriseam-uae tag-huawei tag-khazna-data-centers tag-microsoft tag-presight tag-space42 tag-tech tag-uae-china-relations wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.dedd2eb1-dccf-44a7-975f-a71ddef383f6.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>It\u2019s the final day of Gitex<\/strong>, and the penultimate day brought with it more AI training initiatives, sovereign platforms, and digital asset partnerships. <\/p>\n<p class=\"tag-border-left\">AI- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investment<\/strong><strong> Ministry and Microsoft to train 100k employees in AI: <\/strong>Microsoft will provide AI training to 100k employees across UAE government entities as part of the Investment Ministry\u2019s AI National Skilling Initiative, geared towards specific industries, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/uae-ministry-of-investment-and-microsoft-sign-mou-to-advance-ai-cooperation-in-investment-analytics-and-financial-forecasting-izmcqo1f\" style=\"\" rel=\"noopener\">press release<\/a>. The initiative is part of an MoU the two signed to collaborate on using AI for investment analytics and financial forecasting. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">In other training-related news, AWS and e&amp; will train 30k in AI and cloud tech: <\/strong><span style=\"background-color: transparent;\">Amazon Web Services (AWS) and telecom operator e&amp; are training 30k citizens in artificial intelligence and machine learning as part of their AI Nation \u2014 Afaaq program, according to a <\/span><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/10\/808.pdf\" rel=\"noopener\">press release (pdf)<\/a><span style=\"background-color: transparent;\">. The e&amp; Academy will deliver the training, and AWS will provide vouchers for industry-grade certificates as well as access to its digital training content and cloud coach support sessions. It is the latest move as part of a USD 1 bn partnership between the two firms signed in 2024.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>e<\/strong><strong>&amp; <\/strong><strong>is also partnering with Chinese <\/strong><strong>partially<\/strong><strong> state-owned technology company ZTE <\/strong><strong>Corporation to co-develop 5.5G private-network solutions<\/strong>, <a target=\"_blank\" href=\"https:\/\/techafricanews.com\/2025\/10\/16\/e-uae-and-zte-sign-mou-to-develop-5-5g-private-network-solutions-for-smart-city-innovation\/\" style=\"\" rel=\"noopener\">TechAfrica News<\/a> reports. The partnership looks to develop the smart city sector and will focus on solutions for drone deployment, smart surveillance, and other mission-critical operations for city operators and infrastructure firms.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026and launching a new Optical Innovation Center in partnership with Huawei<\/strong>, which aims to boost the deployment of AI in infrastructure such as transport and in-home connectivity, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/e-and-and-huawei-launch-optical-innovation-centre-to-fast-track-ai-ready-networks-kki4shlr\" style=\"\" rel=\"noopener\">press release<\/a>. The two will partner on lab development and field trials, and the partnership\u2019s initial focus points are hollow-core fibers to use in data centers, optical transport networks, AI agents to support infrastructure services, and technology to keep systems running in remote locations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- <\/strong><strong>e&amp; enterprise, Intel, and Dell launch sovereign AI platform: <\/strong>e&amp;\u2019s tech solutions arm e&amp; enterprise is launching the region\u2019s first sovereign inference AI platform, powered by semiconductor giant Intel\u2019s Gaudi 3 hardware and Dell\u2019s AI Factory infrastructure, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/e-and-enterprise-launches-sovereign-inference-ai-platform-for-secure-in-country-ai-at-scale-girig19w\" style=\"\" rel=\"noopener\">press release<\/a>. The in-country system will enable real-time, high-volume AI adoption across different workloads for enterprises and government agencies. The platform ensures data residency and compliance across sectors such as healthcare, finance, energy, and telecoms.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, data analytics firm <\/strong><strong>Presight<\/strong><strong> will launch an AI facility management sys<\/strong><strong>tem across <\/strong><strong>Khazna\u2019s 30 UAE data centers<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/10\/806.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. It will deploy an AI-powered command and control platform to monitor energy, cooling, equipment performance, and security to reduce downtime across the 30 facilities and flag any issues before they arise. It will also improve operational efficiency by implementing smarter cooling systems and predictive maintenance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Resource management also got some attention<\/strong><strong>: <\/strong>The Abu Dhabi Department of Energy (DoE) signed an MoU with AI-powered space tech firm Space42 to use AI and satellite imagery for energy and water management across the emirate, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bm8fhqm-abu-dhabi-department-energy-space42-advance\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The partnership will provide high-resolution optical, radar, and thermal data to support infrastructure monitoring, flood resilience modeling, and real-time analysis of water and electricity systems, aiming to improve operational efficiency and sustainability.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO FROM<\/strong><strong> SPACE42- The firm <\/strong><strong>signed MoUs with xMap, FortyGuard, AIRMO, and AlphaGEO<\/strong><strong> to integrate their AI technologies into its geospatial intelligence platform<\/strong> <strong>GIQ<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.space42.ai\/en\/press-release\/2025\/space42-partners-with-four-startups-to-advance-ai-driven-geospatial-innovation-through-giq\/\" style=\"\" rel=\"noopener\">press release<\/a>. Each startup will contribute specialized tools \u2014 xMap for real-time environmental analytics, FortyGuard for AI-driven heat mapping, AIRMO for climate monitoring and emissions modeling, and AlphaGEO for advanced visualization and data fusion \u2014 to support GIQ\u2019s capabilities in urban planning, climate resilience, and environmental management. <\/p>\n<p class=\"tag-border-left\">TELECOMS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>du<\/strong><strong>, Elcome to bring 5G and Starlink to sea: <\/strong>UAE telecom operator du partnered with maritime electronics player and Starlink reseller Elcome to provide better connection at sea, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/du-and-elcome-join-hands-to-transform-maritime-connectivity-with-a-new-partnership-at-gitex-global-2025-eiq5t3up\" style=\"\" rel=\"noopener\">press release<\/a>. The tie-up will combine du\u2019s 5G and Starlink satellite systems to extend broadband and connectivity to hard-to-reach offshore locations, including on cargo ships, offshore gas rigs, merchant vessels, and private yachts.<\/p>\n<p class=\"tag-border-left\">CRYPTO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ajman Bank, Fasset to roll out shariah-compliant digital asset services: <\/strong>Ajman Bank signed an MoU with UAE-based digital asset platform Fasset to jointly launch shariah-compliant virtual asset offerings in the UAE, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/fasset-and-ajman-bank-sign-landmark-mou-to-launch-shariah-compliant-stablecoins-and-tokenized-assets-iyn8x6xl\" style=\"\" rel=\"noopener\">press release<\/a>. The partnership will see Fasset provide blockchain infrastructure and wallet solutions to enable tokenized assets, including S&amp;P Shariah ETFs, gold-backed products, and stablecoin payment rails, integrated within Ajman Bank\u2019s regulated environment for retail and institutional clients.<\/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\/ajman-bank\/\">Ajman Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/amazon\/\">Amazon<\/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\/crypto\/\">CRYPTO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/digital-assets\/\">digital assets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/e\/\">e&amp;<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/huawei\/\">Huawei<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/khazna-data-centers\/\">Khazna Data Centers<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/microsoft\/\">Microsoft<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/presight\/\">Presight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/space42\/\">Space42<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tech\/\">tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-china-relations\/\">UAE-China relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"108570\" 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=\"108570\">\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\">REGULATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/adgm-tightens-rules-for-professional-service-providers\/\">\r\n                            ADGM adds tax to licensing regime, tightens rules for legal and corporate service providers                        <\/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\/10\/17\/adgm-tightens-rules-for-professional-service-providers\/\" 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\/10\/17\/adgm-tightens-rules-for-professional-service-providers\/')\">\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\/10\/17\/adgm-tightens-rules-for-professional-service-providers\/\">\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=ADGM tightens rules for professional service providers&url=https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/adgm-tightens-rules-for-professional-service-providers\/\">\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\/10\/17\/adgm-tightens-rules-for-professional-service-providers\/&title=ADGM tightens rules for professional service providers\">\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=ADGM+tightens+rules+for+professional+service+providers+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F10%2F17%2Fadgm-tightens-rules-for-professional-service-providers%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\/10\/17\/adgm-tightens-rules-for-professional-service-providers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"108571\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/adgm-tightens-rules-for-professional-service-providers\/1336-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1336.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-108570\" class=\"content-area-description single-story post-108570 post type-post status-publish format-standard has-post-thumbnail hentry category-regulation-watch tag-adgm tag-enterpriseam-uae tag-insurance tag-law tag-regulation-watch tag-tax 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\/10\/.3d5bc211-647f-4d51-83ba-93c35c3e3edf.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The ADGM Registration Authority (RA) enacted new rules introducing <\/strong><strong>stricter <\/strong><strong>licensing and governance standards for <\/strong><strong>legal<\/strong><strong>, tax, and company service providers<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.adgm.com\/media\/announcements\/adgm-registration-authority-publishes-enhanced-controls-for-legal-tax-and-company-service-providers\" style=\"\" rel=\"noopener\">statement<\/a>. The changes \u2014 set out <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/10\/803.pdf\" style=\"\" rel=\"noopener\">here (pdf)<\/a> and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/10\/804.pdf\" style=\"\" rel=\"noopener\">here (pdf)<\/a> \u2014 took effect on 16 October 2025, and were <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/44656c3a-9727-455f-89f0-ac584a43b0fd\/new-rules-for-legal,-tax,-and-csp-firms-at%253cmark%253e-adgm%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">first proposed in May<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What\u2019s new: <\/strong><span style=\"background-color: transparent;\">The update formally designates tax services as a controlled activity for the first time, requiring consultancies to be licensed and supervised by ADGM. It also tightens qualification, ins., and reporting standards for all professional service providers operating in the freezone.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>ADGM\u2019s earlier rules regulated company service providers but offered limited, general conditions for law firms and none for tax advisers. The new framework consolidates all three under a single rulebook, standardizing qualification thresholds, operational requirements, and annual reporting obligations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Requirements for tax providers:<\/strong> At least half of senior management must hold a recognized tax qualification and five years\u2019 experience. Firms must maintain USD 1 mn in professional indemnity ins. per claim.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>For <\/strong><strong>legal<\/strong><strong> providers:<\/strong> Law firms must appoint a managing partner with at least eight years\u2019 post-qualification experience, hold USD 1 mn in ins. \u2014 down from the USD 2 mn requirement proposed earlier \u2014 and submit annual legal service provider returns no later than April starting from January 2027 listing clients, staff qualifications, and services. They must also operate from an ADGM office staffed by at least one qualified practitioner.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>For company service providers:<\/strong> Licensed entities must maintain USD 50k in minimum capital, USD 1 mn in ins. per claim, and appoint both compliance and money-laundering reporting officers. They must also implement conflict-of-interest and client-fund handling policies, complete annual staff certification, and file an annual compliance return by April each year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Compliance timeline + penalties:<\/strong> The rules apply immediately to new applicants, while existing licensees have six months to meet ins., staffing, and governance requirements. Non-compliance may result in licence suspension or withdrawal.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adgm\/\">ADGM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/insurance\/\">insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/regulation-watch\/\">REGULATION WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tax\/\">tax<\/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=\"108572\" 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=\"108572\">\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\">CAPITAL MARKETS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/laser-digital-to-roll-out-dubais-first-institutional-grade-tokenized-fund\/\">\r\n                            Laser Digital to roll out Dubai\u2019s first institutional-grade tokenized fund                        <\/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\/10\/17\/laser-digital-to-roll-out-dubais-first-institutional-grade-tokenized-fund\/\" 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\/10\/17\/laser-digital-to-roll-out-dubais-first-institutional-grade-tokenized-fund\/')\">\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\/10\/17\/laser-digital-to-roll-out-dubais-first-institutional-grade-tokenized-fund\/\">\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=Laser Digital to roll out Dubai\u2019s first institutional-grade tokenized fund&url=https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/laser-digital-to-roll-out-dubais-first-institutional-grade-tokenized-fund\/\">\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\/10\/17\/laser-digital-to-roll-out-dubais-first-institutional-grade-tokenized-fund\/&title=Laser Digital to roll out Dubai\u2019s first institutional-grade tokenized fund\">\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=Laser+Digital+to+roll+out+Dubai%E2%80%99s+first+institutional-grade+tokenized+fund+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F10%2F17%2Flaser-digital-to-roll-out-dubais-first-institutional-grade-tokenized-fund%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\/10\/17\/laser-digital-to-roll-out-dubais-first-institutional-grade-tokenized-fund\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1357.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"108573\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/laser-digital-to-roll-out-dubais-first-institutional-grade-tokenized-fund\/1357-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1357.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1357.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1357.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1357.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-108572\" class=\"content-area-description single-story post-108572 post type-post status-publish format-standard has-post-thumbnail hentry category-capital-markets tag-capital-markets tag-digital-assets tag-enterpriseam-uae tag-virtual-assets-regulatory-authority 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\/10\/.003fe92f-26f8-4239-9a20-81cf2f72c780.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Fresh<\/strong><strong> tokenized fund set to hit the market:<\/strong> Laser Digital \u2014 the digital assets arm of Tokyo-based Nomura \u2014 received in-principle approval from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) to tokenize its global flagship Laser Carry Fund (TLCF), according to <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/laser-digital-becomes-first-to-receive-vara-approval-for-fund-tokenisation-under-the-arva-framework-w0fccwt0\" style=\"\" rel=\"noopener\">a press release<\/a>. The approval, which was granted under the regulator\u2019s pilot <a target=\"_blank\" href=\"https:\/\/rulebooks.vara.ae\/rulebook\/value-asset-referenced-virtual-asset\" style=\"\" rel=\"noopener\">Asset-Referenced Virtual Asset framework<\/a>, paves the way for the first institutional-grade tokenized real-world asset in Dubai. Neither the timeline for the launch or the fund size were disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">How it will work: <\/strong><span style=\"background-color: transparent;\">The new Dubai-based product will complement a version of the Laser Carry Fund that has already been tokenized and offered to investors in Singapore through digital-assets platform KAIO, which acts as issuer there, Laser Digital told us. The Singapore vehicle feeds into a traditional Cayman Islands-based Laser Carry Fund managed by Laser Digital under its existing VARA asset management license. Tokens will be issued through KAIO on public blockchains, with Komainu serving as the VARA-licensed custodian.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>TLCF will be open to professional and institutional investors in the UAE<\/strong>, offering exposure to tokenized units of Laser Digital\u2019s Cayman-based Laser Carry Fund Segregated Portfolio. Each token will track the fund\u2019s net asset value and can be subscribed to or redeemed during specific windows with the option to be traded on the secondary market. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART- <\/strong>In practice, this means Laser Digital is putting shares of its investment fund on blockchain rails, allowing qualified investors to buy and trade digital tokens that represent fund ownership. This structure is designed to add liquidity and accessibility to institutional fund products while preserving governance and investor safeguards under VARA\u2019s oversight.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first tokenized fund: <\/strong>DMZ Finance and Qatar National Bank (QNB) rolled out <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a03d61ab-0ad1-467e-99f6-42d0fc53fe11\/dubai-greenlights-its-first-tokenized-money-market-fund,-courtesy-of-dmz-finance-and%253cmark%253e-qnb%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">the region\u2019s first<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a03d61ab-0ad1-467e-99f6-42d0fc53fe11\/dubai-greenlights-its-first-tokenized-money-market-fund,-courtesy-of-dmz-finance-and%253cmark%253e-qnb%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">regulated tokenized money market fund<\/a>, the QCD Money Market Fund (QCDT), in July after securing regulatory approval. While the fund lined up regulatory clearance, no details on its launch date and size were given. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Zooming out: <\/strong>The approval comes as regulators across the region ramp up efforts to formalize tokenized finance, as real-world assets are projected to grow into an USD 18.9 tn market by 2033. The ADX recently facilitated the region\u2019s first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/84d72d43-7e81-4610-9e0d-b37fa5b5366e\/fab-is-issuing-the-mena-region%25e2%2580%2599s-first-ever%253cmark%253e-digital-bond%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">digital bond<\/a>, a USD 100 mn issuance by First Abu Dhabi Bank, while state-linked heavyweights such as ADQ, International Holding Company, and FAB are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/72308412-6ef3-4cc5-b051-e35c453f7849\/abu-dhabi-powerhouses-plan-aed-backed%253cmark%253e-stablecoin%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">developing AED-backed stablecoins<\/a>. Meanwhile, the Securities and Commodities Authority (SCA) issued draft rules for tokenized assets, covering distributed ledger technology (DLT) contracts, token transfers, and enforcement powers.<\/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\/digital-assets\/\">digital assets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/virtual-assets-regulatory-authority\/\">Virtual Assets Regulatory Authority<\/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=\"108574 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=\"108574\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/108574-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-108574\" class=\"content-area-description single-story post-108574 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\/HassanAllamProperties?_rdc=1&amp;_rdr#\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/809.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=\"108575\" 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=\"108575\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/an-acquisition-and-new-shipping-route-from-dp-world\/\">\r\n                            An acquisition and new shipping route from DP World                        <\/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\/10\/17\/an-acquisition-and-new-shipping-route-from-dp-world\/\" 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 acquisition, which was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4a86da50-d0cf-4cd9-84cb-b13f50e1d8e4\/dp-world-acquires-controlling-stake-in-switzerland%25e2%2580%2599s%253cmark%253e-novaalgoma%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">first announced in July<\/a>, does not include NACC\u2019s JVs in Northern Europe, Greece, and Indonesia. The transaction\u2019s value was not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Bigger picture:<\/strong><span style=\"background-color: transparent;\"> The transaction expands DP World\u2019s footprint in breakbulk and dry-bulk logistics, adding cement transport operations across North America, Europe, South Asia, and the Mediterranean. The firm\u2019s founders, Nova Marine Holding and Algoma Central Corporation, will both retain minority stakes in the company.<\/span><\/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>DP World launches Jebel Ali-Berbera shipping route: <\/strong>DP World introduced a new shipping service linking Jebel Ali Port in Dubai with Berbera Port in Somaliland, with the new route set to run every nine days, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/markets\/dp-world-opens-jebel-aliberbera-route-to-boost-gulfeast-africa-trade-1.500310188\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. The route \u2014 which stops at Aden and Djibouti \u2014 aims to boost trade connectivity between the Gulf and East Africa, offering inland access to Ethiopia and reducing reliance on Djibouti Port.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>DP World took over operations of Berbera Port back in 2017, with cargo throughput up by 90% since then. The port is close to <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/somaliland\/economic-zone\" style=\"\" rel=\"noopener\">Berbera Special Economic Zone<\/a> \u2014 run jointly by DP World and the Somaliland government.<\/p>\n<p class=\"tag-border-left\">STARTUPS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai <\/strong><strong>University<\/strong><strong> launches AED 100 mn fund for tech startups: <\/strong>The University of Dubai launched the Dubai Tech X Fund, a AED 100 mn investment program for tech startups, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bm7u2s8-university-dubai-launches-aed-100-dubai-tech-fund\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The fund, launched in partnership with venture capital firm Significa Ventures, will invest in AI startups working in deeptech and artificial intelligence. It will provide capital for firms developing tech solutions in the healthcare, education, energy, and smart city sectors.<\/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>A ratings boost for Invest Bank from <\/strong><strong>Capital<\/strong><strong> Intelligence: <\/strong>Capital Intelligence Ratings raised Sharjah-based Invest Bank\u2019s (IB) core financial strength rating to B+ from B, and its standalone rating to BB from BB-, with a stable outlook, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/10\/793.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. The firm affirmed IB\u2019s long-term foreign currency rating at BBB- with a stable outlook, and kept its short-term foreign currency rating at A3.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale: <\/strong>The improved rating came on the back of better profitability margins during 1H and a stronger capital base following a rights issuance in 2023, as well as a stronger business model. The bank is also likely to receive support from Sharjah\u2019s government, which holds an 88.11% majority share, though downsides remain through weak financial indicators, exposure to outside economic and business conditions, and a high ratio of non-performing loans.<\/p>\n<p class=\"tag-border-left\">DEVELOPMENTAL FINANCE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADFD<\/strong><strong> to develop road infrastructure in Uganda: <\/strong>The Abu Dhabi Fund for Development (ADFD) inked an AED 91.8 mn loan agreement with the Uganda Government for a road infrastructure project, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bm7u2m5-adfd-finances-strategic-road-project-boost\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Financing will come from ADFD, the Islamic Development Bank, and Uganda\u2019s government.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A boost for transport connections: <\/strong>The project links four main districts in Eastern Uganda by upgrading a 98.3 km stretch of road and aims to boost economic development by improving the country\u2019s transportation access to commercial centers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/85643730-5852-46a5-b7bb-00cf8c02f935\/uae-eyes-more-cooperation-with%253cmark%253e-uganda%253c%2Fmark%253e-and-kenya-across-transport,-energy,-and-more\" style=\"\" rel=\"noopener\">Earlier this year<\/a>, the two countries signed six MoUs on cooperation across key sectors, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/afb51480-0881-4898-b273-ddf7d7863260\/the-uae-will-develop-uganda%E2%80%99s-new-international-airport\" style=\"\" rel=\"noopener\">last year<\/a>, the Sharjah Chamber of Commerce and Industry inked an agreement to build the country\u2019s third international airport. So far, ADFD has carried out three major projects in the country \u2014 valued at AED 79.3 mn in total.<\/p>\n<p class=\"tag-border-left\">HEALTHCARE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dhanwanthari.org\/\" style=\"\" rel=\"noopener\">Dhanwanthari<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dhanwanthari.org\/\" style=\"\" rel=\"noopener\">Vaidyasala<\/a><\/strong><strong> to launch 10 healthcare centres in UAE<\/strong>: India\u2019s Dhanwantari Vidyasala Group is expanding operations across the UAE with the launch of 10 healthcare centers over the next three years, with an initial investment valued at a minimum of AED 100 mn, <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2025-10-15\/%D8%AF%D8%A7%D9%86%D9%88%D8%A7%D9%86%D8%AA%D8%A7%D8%B1%D9%8A-%D8%AA%D8%B1%D8%B5%D8%AF-100-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D8%B1%D9%87%D9%85-%D9%84%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-10-%D9%85%D8%B1%D8%A7%D9%83%D8%B2-%D8%B5%D8%AD%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-6129696\/%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA\" style=\"\" rel=\"noopener\">Al Khaleej<\/a> reports. It already launched its first international center in Dubai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the firm: <\/strong>Founded in 1933, the group is expanding globally with branches set to open in Bahrain, Qatar, Oman, the Philippines, Germany, and Australia by 2026. The company operates across medicine manufacturing, treatment, research, and development.<\/p>\n<p class=\"tag-border-left\">MANUFACTURING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>State-owned aluminium manufacturer Emirates Global Aluminium is expanding its<\/strong><strong> Spectrum Alloys recycling plant in Minnesota<\/strong>, boosting its capacity to 200k tonnes per year, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/ega-spectro-alloys-to-further-expand-minnesota-aluminium-recycling-plant-j7s3oxi1\" style=\"\" rel=\"noopener\">press release<\/a>. The new extension will add 45k tonnes of annual recycled billet capacity, after adding 55k tonnes per year in capacity earlier this year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The firm is pushing ahead with its US expansion plans through a planned <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b28e56f6-5d63-4369-a863-20d7c91fe560\/ega-to-start-construction-on-usd-4-bn-aluminum-smelter-in-the-us-next-year\" style=\"\" rel=\"noopener\">USD 4 bn plant in Oklahoma<\/a>, set to begin production in 2030. It is also in the running to develop Ghana\u2019s Nyinahin Hills <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dc82abc0-9d60-4838-9d60-37ea5af5d418\/this-morning:-abu-dhabi-to-invest-in-major-tourism-project-in-oman-%2B%253cmark%253e-ega%253c%2Fmark%253e-eyes-ghana%25e2%2580%2599s-bauxite-project\" style=\"\" rel=\"noopener\">bauxite deposit<\/a>, and is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/de5b87e9-c7de-4507-9020-e11082f2b00b\/this-morning:-ega-eyes-acquisition-of-brazil%25e2%2580%2599s-companhia-brasileira-de-alum%25c3%25adnio%3F-%2B-revolut-ceo-moves-residency-to-uae\" style=\"\" rel=\"noopener\">exploring a possible bid<\/a> for Brazil\u2019s Companhia Brasileira de Alum\u00ednio (CBA). The company is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/da43f6f3-1231-45c1-800b-bbed1e375942\/ega-to-revive-ipo%3F\" style=\"\" rel=\"noopener\">reportedly eyeing plans for an IPO<\/a>, which could rank among the region\u2019s largest. <\/p>\n<p class=\"tag-border-left\">CAPITAL MARKETS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Traders Hub launches exclusive trading account for Emiratis: <\/strong>Abu Dhabi-based brokerage Traders Hub introduced a new trading account for UAE nationals, offering zero-fee transactions, raw spreads, and leverage of up to 1:1000, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/traders-hub-introduces-exclusive-trading-account-for-uae-citizens-uji7sybw\" style=\"\" rel=\"noopener\">press release<\/a>. The account \u2014 available with a minimum deposit of USD 100 \u2014 includes trading without swaps for five days, unlimited local bank transfers at no cost, and a 3% welcome bonus of up to USD 10k.<\/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-fund-for-development\/\">Abu Dhabi Fund for Development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc-drilling\/\">Adnoc Drilling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dp-world\/\">DP World<\/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\/healthcare\/\">Healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/invest-bank\/\">Invest Bank<\/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\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tech\/\">tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-india-relations\/\">UAE-India relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"108577\" 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=\"108577\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/bond-giants-retreat-from-risky-debt\/\">\r\n                            Big investors retreat from risky credit after rally leaves spreads near crisis lows                        <\/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\/10\/17\/bond-giants-retreat-from-risky-debt\/\" 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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BlackRock, M&amp;G, and Fidelity International are shifting into higher-rated or government bonds, warning that credit markets now offer little reward for added risk. The rally, which had been fueled by easing trade-war fears and expectations of deeper Fed rate cuts, could be underpricing risk and reflecting an overly optimistic view on the economy<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What\u2019s priced in now is a<\/strong><span style=\"background-color: transparent;\"> <\/span><strong style=\"background-color: transparent;\">\u201cGoldilocks\u201d scenario of steady growth and falling rates<\/strong><span style=\"background-color: transparent;\">, but BlackRock\u2019s Simon Blundell called it a \u201crisk\/reward [that] certainly lends itself to a defensive position in credit markets.\u201d<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Spreads at crisis-level lows: <\/strong>Credit spreads in the US and Europe have tightened to about 0.8 percentage points over government debt, down from 1.5 ppts in 2022 and near their lowest since the global financial crisis, dragging down their appeal compared to the safer alternative. \u201cCredit spreads are so tight that there\u2019s almost no ability for them to tighten further,\u201d said Fidelity\u2019s Mike Riddell.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some cracks are emerging<\/strong>, with spreads edging wider amid renewed US-China trade tensions and the collapse of auto-parts supplier First Brands Group. Several leveraged-loan transactions, including a USD 5.8 bn sale by chemicals maker Nouryon, have been shelved, while prices for weaker loans have slipped.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Risk is mispriced:<\/strong> Some managers warn that credit differentiation has vanished. \u201cNot only is the corporate credit market way too tight, it\u2019s also equivalently tight between companies,\u201d Andrea Seminara of Redhedge said, warning that \u201cidiosyncratic risk [...] is completely unpriced.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not everyone is <\/strong><strong>turning <\/strong><strong>bearish:<\/strong> M&amp;G\u2019s Ben Lord said all-in yields remain appealing as US investment-grade bonds offer about 4.8%, though he still favors covered and higher-rated financial bonds \u2014 the cost of buying into which \u201cis as low as it\u2019s ever been,\u201d he said.<\/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 dipped this morning<\/strong>, tracking Wall Street losses, though South Korea\u2019s Kospi bucked the trend with a c.1% gain. Wall Street futures also point to a weak open, following a sell-off in shares of regional banks due to concerns over bad loans. <\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,144<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.2% (YTD: +7.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">6,029<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.2% (YTD: +17.0%)<\/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>Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,932<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.6% (YTD: +18.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">3.8% 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\">3.8% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">11,697<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: -2.8%)<\/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>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\">37,677<\/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: +26.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">6,629<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.6% (YTD: +12.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">9,436<\/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: +15.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,652<\/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: +15.4%)<\/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>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 60.98<\/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>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 2.92<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.6%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 4,374<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.6%<\/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 107,948<\/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\">-2.6% (YTD: +14.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Chimera JP Morgan UAE Bond UCITS ETF<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">AED 3.73<\/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: +7.1%)<\/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\">151.56<\/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: +8.3%)<\/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>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\">25.31<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+22.6% (YTD: +45.9%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADX rose 0.2% yesterday<\/strong> on turnover of AED 1.5 bn. The index is up 7.7% 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>Fujairah Cement Industries (+7.1%), Multiply Group (+6.9%) and Apex Investments (+3.7%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Sudatel Telecommunications Group Company (-5.0%), Hayah Ins. Company (-3.5%) and Bank of Sharjah (-3.5%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the DFM<\/strong>, the index fell 0.2% on turnover of AED 811.7 mn. Meanwhile, Nasdaq Dubai was up 0.6%. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"108579\" 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=\"108579\">\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\">MY MORNING ROUTINE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/17\/carolina-rios-associate-partner-and-head-of-virtual-assets-at-karm-legal-consultants\/\">\r\n                            Carolina Rios, associate partner and head of virtual assets at Karm Legal Consultants                        <\/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\/10\/17\/carolina-rios-associate-partner-and-head-of-virtual-assets-at-karm-legal-consultants\/\" 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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Speaking to us this week is Carolina Rios (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/dr-carolina-rios-virtual-assets-crypto-491b449a\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), associate partner and head of virtual assets at <a target=\"_blank\" href=\"https:\/\/www.karmadv.com\/\" style=\"\" rel=\"noopener\">Karm Legal Consultants<\/a>. Edited excerpts from our conversation below.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I\u2019m Carolina Rios<\/strong>, associate partner and head of virtual assets at <a target=\"_blank\" href=\"https:\/\/www.karmadv.com\/\" style=\"\" rel=\"noopener\">Karm Legal Consultants<\/a>. I was born in Colombia, and my journey<strong style=\"background-color: transparent;\">&nbsp;<\/strong><span style=\"background-color: transparent;\">has taken me from Latin America to South Korea and now the UAE.<\/span><span style=\"background-color: transparent;\">&nbsp;These three completely different places have each shaped how I think about law, technology, and people. I studied law in Colombia and did my postgraduate degree in South Korea, where I lived for 13 years. Moving through such distinct cultures taught me adaptability, how to listen, observe, and adjust. Those lessons have been invaluable in my life and career.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>My path into the virtual assets space began with curiosity.<\/strong> I was fascinated by how blockchain could create new models for trust and ownership. Back then, regulations were practically non-existent, so I learned by researching, following global cases, and asking hard questions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>At Karm, I lead the virtual assets practice, guiding a team of lawyers who advise clients across every segment of the digital economy<\/strong> \u2014 from virtual asset exchanges and tokenization projects to fintech and Web3 platforms. My day is a mix of client meetings, discussions, and deep technical work. I also write, study, and collaborate closely with teams to help them think beyond their products and understand how regulation, strategy, and commercialization intersect.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>After nearly a decade in this field, I see my role as more than legal counsel. <\/strong>I try to help clients view regulation not as a barrier, but as a tool for building trust and long-term value. What drives me most is showing that crypto and blockchain can be used for good \u2014 that there are stronger incentives to do things the right way than to take shortcuts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The most exciting trend for me right now is the rise of meme coins<\/strong> \u2014 not for the speculation, but for what they represent. I think they\u2019re widely misunderstood, even by regulators. Beyond the hype, they\u2019re reframing how we think about the tokenization of the intangible: ideas, lifestyles, communities, and connections that previously couldn\u2019t be captured on a blockchain. It came as a reminder that this industry is still young and full of creative tension, and every innovation forces us to rethink the boundaries of value.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>My mornings start early, usually around 5am.<\/strong> I don\u2019t sleep as much as I should, maybe five or six hours, but I\u2019ve made peace with that. I begin with a short prayer, then head to the gym for a quick 30-40 minute workout. When I\u2019m back, I take a few minutes to meditate, have a healthy breakfast, and water my plants \u2014 my small ritual of calm and nature before the day begins. That quiet rhythm keeps me grounded and focused before diving into work.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>My days are usually very full. <\/strong>I come to the office, have several meetings with clients \u2014 most of them online, since many are abroad \u2014 and plan with my team how we\u2019ll deliver the services or mandates we\u2019re working on. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>When I get home, I usually have more calls for personal projects I\u2019m working on.<\/strong> I\u2019ve been writing a lot these days, so I spend some time on that too. My days can go quite late, but I always try to make time for dinner and to enjoy the evening with my daughter \u2014 she\u2019s the fuel of my life.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I\u2019ve learned that success doesn\u2019t come from just one area. <\/strong>There\u2019s financial success, family success, social connection, personal satisfaction \u2014 and real, steady success comes from balancing all of them. That\u2019s why I try to stay grounded through workouts, meditation, and prayer. Gratitude is also a big part of my day.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I try to stay very conscious of my thoughts, how I feel, and how I use my energy.<\/strong> Not every day feels the same, and that\u2019s okay. I try to flow with what each day brings, to be gentle with myself when my energy is low, and to cut off distractions that don\u2019t align with my long-term vision. My energy is not unlimited \u2014 I have to nurture and protect it. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next for me is connecting the industry across Korea, the UAE, and Latin America.<\/strong> I lived in Korea for 13 years, in the UAE for two, and in the US for one, and I was raised in Latin America. With the level of sophistication I\u2019ve seen in Korea and the regulatory progress in the UAE, I believe I can help bring new models and use cases to Latin America.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>When it comes to books, I\u2019d definitely recommend <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.amazon.com\/Becoming-Supernatural-Common-People-Uncommon\/dp\/1401953115\" style=\"\" rel=\"noopener\">Becoming Supernatural<\/a><\/strong><strong> by Joe Dispenza <\/strong>\u2014 it was truly life-changing for me. From the crypto and investment side, I like <a target=\"_blank\" href=\"https:\/\/open.spotify.com\/show\/41TtLE0AKsokP5XBbSoLwe\" style=\"\" rel=\"noopener\">CoinBureau<\/a> and the <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/@Fundstrat_Direct\" style=\"\" rel=\"noopener\">Fundstrat podcast<\/a>. For something more personal, I often listen to <a target=\"_blank\" href=\"https:\/\/open.spotify.com\/show\/5EqqB52m2bsr4k1Ii7sStc\" style=\"\" rel=\"noopener\">On Purpose with Jay Shetty<\/a> podcast; the people he brings on are incredible and always bring new perspectives.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Something I care deeply about \u2014 both personally and professionally \u2014 is financial freedom for women. <\/strong>Growing up, money was often seen as a man\u2019s responsibility: he earned it, managed it, planned the future. What strikes me is how men are often applauded for wanting financial freedom, whereas women are often seen as materialistic when they do. That mindset has to change. Financial literacy and independence aren\u2019t about luxury, but rather empowerment and stability.<br \/><strong>One piece of advice that has stayed with me came from a close friend who once told me, \u201cyou need to be an animal to pursue your goals.\u201d<\/strong> It really shifted how I thought about ambition, especially as a woman. For a long time, I felt I had to balance being kind, polite, and professional with being driven, almost as if ambition had to be softened somehow. That advice made me realize it\u2019s okay to be fierce, to want success deeply, and to go after it without apology. It\u2019s not about aggression, it\u2019s about allowing yourself to be powerful, to take up space, and to stop feeling guilty for wanting more.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/crypto\/\">CRYPTO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/law\/\">law<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"108581\" 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\/10\/17\/108581-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-108581\" class=\"content-area-description single-story post-108581 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\">OCTOBER<\/span> <span>   <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-17 October (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dwtc.com\/en\/events\/gitex-global-2025\/\" style=\"\">GITEX Global<\/a><\/span><span style=\"font-weight:400;\">, Dubai 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>15-18 October (Wednesday-Saturday): The Future Mobility Expo and Conference, Expo Center Sharjah. <\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-18 October (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/blqkhwr-sharjah-host-evolve-future-mobility-show\" style=\"\">Evolve Future Mobility Show<\/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>21-22 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dwtc.com\/en\/events\/hr-summit-2025\/\" style=\"\">HR Summit and Expo<\/a><\/span><span style=\"font-weight:400;\">, Dubai 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>21-23 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.globalfoodweek.ae\/\" style=\"\">Global Food Week<\/a><\/span><span style=\"font-weight:400;\">, Adnec Center, Abu Dhabi<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-23 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dwtc.com\/en\/events\/the-international-family-medicine-conference-exhibition-2025\/\" style=\"\">International Family Med. Conference and Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-23 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dwtc.com\/en\/events\/annual-radiology-meeting-2025\/\" style=\"\">Annual Radiology Meeting (ARM)<\/a><\/span><span style=\"font-weight:400;\">, Dubai 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>21-23 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dwtc.com\/en\/events\/healthcare-future-summit-2025\/\" style=\"\">Healthcare Future Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai 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>22 October (Wednesday): <\/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 style=\"font-weight:400;\">22-23 October (Wednesday-Thursday): Alternative Investment Summit, Jumeirah Emirates Towers, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22-24 October (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sharjah24.ae\/en\/Articles\/2025\/05\/31\/ZX47\" style=\"\">World Investment Conference<\/a><\/span><span style=\"font-weight:400;\">, Expo Center Sharjah. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23 October (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/atrium\" style=\"\">S&P Global\u2019s annual Islamic Finance Conference<\/a><\/span><span style=\"font-weight:400;\">, DIFC Atrium, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-29 October (Thursday-Wednesday): Subscription period for Dubizzle\u2019s IPO. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27 October (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/15q2jr8-ministry-economy-and-tourism-host-%E2%80%98uae-africa\" style=\"\">The UAE Africa Tourism Investment 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>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>29 October (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.futurehospitality.com\/world\/brf\" style=\"\">The Brand Residences 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>30 October (Thursday): <\/span><span style=\"\">Fi<\/span><span style=\"font-weight:400;\">nal pricing and allocation for Dubizzle\u2019s IPO.<\/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 style=\"font-weight:400;\">4-6 November (Tuesday-Thursday): Annual government meetings, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-6 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/arabal.com\/\" style=\"\">ARABAL International Aluminum 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>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 style=\"font-weight:400;\">6 November (Thursday): Dubbizle to ring the DFM\u2019s opening bell.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-15 November (Monday-Saturday): SASC organizes <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.autonomous.abudhabi\/en\/\" style=\"\">Abu Dhabi Autonomous Week<\/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>10-15 November (Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/2025.robocupap.org\/\" style=\"\">RoboCup Asia-Pacific (RCAP)<\/a><\/span><span style=\"font-weight:400;\">, Adnec Center, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10 November (Monday): SASC organizes <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.autonomous.abudhabi\/en\/summit.html\" style=\"\">The Abu Dhabi Autonomous Summit<\/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>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=1760674244094376&usg=AOvVaw3o-08qrSxxxSc6gZ_zeLNM\" 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>19-20 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rakisummit.com\/\" style=\"\">Investment and Business Summit<\/a><\/span><span style=\"font-weight:400;\">, Al Hamra International Exhibition and Convention Center, Ras Al Khaimah<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-23 November (Tuesday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.abudhabiart.ae\/\" style=\"\">Abu Dhabi Art<\/a><\/span><span style=\"font-weight:400;\">, Manarat Al Saadiyat, Abu Dhabi <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-27 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5global.com\/visit\/why-visit\/?utm_source=google&utm_medium=cpc&utm_campaign=3876-S-Big-5-Global-2025-Delprom-B-DCN-GCC-Africa&gad_source=1&gad_campaignid=22886407126&gbraid=0AAAAAC_uZlmNAF-FwClMP0S21Z8pqxPAI&gclid=Cj0KCQjw5onGBhDeARIsAFK6QJY8Kla_Y41esJEpT7j9Fryo03DuyHcDKgUzXxIOAbwZvYGpdYYu4DkaAqacEALw_wcB\" style=\"\">Big 5 Global Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Dubai 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>26 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dfsa.ae\/dfsa-hkma-joint-climate-finance-conference\" style=\"\">DFSA\u2013HKMA Joint Climate Finance 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>26-27 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/datewithtech.com\/\" style=\"\">DATE (Digital Acceleration and Transformation Expo),<\/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;\">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>2-5 December (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.sothebys.com\/en\/series\/abu-dhabi-collectors-week\" style=\"\">Sotheby\u2019s Abu Dhabi Collectors\u2019 Week<\/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>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 December (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/defi.tech\/symposia\" style=\"\">DeFi Technologies Insights Global Symposium<\/a><\/span><span style=\"font-weight:400;\">, Emirates Palace, 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.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<\/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.bridgesummit.com\/en\/\" style=\"\">The Bridge Summit<\/a><\/span><span style=\"font-weight:400;\">, Adnec Center, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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;\">, Al Maryah Island.<\/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>9-11 December (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/automechanika-dubai.ae.messefrankfurt.com\/dubai\/en.html\" style=\"\">Automechanika Dubai Trade Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-15 December (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mobiledevelopersweek.com\/\" style=\"\">Mobile Developers Week<\/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>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) 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>13-15 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.fespamiddleeast.com\/exhibiting\/exhibit?gad_source=1&gad_campaignid=22872965013&gbraid=0AAAAAqD9IbbBANPyJR6PGGinsuyzX0EAy&gclid=Cj0KCQjw0NPGBhCDARIsAGAzpp0Ia6nltF9CwDoUIHmucbQKVt3Wq9f0ruPnI0jbDvsVx7LyJ7KSr18aAuKnEALw_wcB\" style=\"\">FESPA Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai Exhibition Center, Dubai<\/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>28-30 January (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wcoomd.org\/en\/events\/upcoming-events\/technology-conference-2026.aspx\" style=\"\">World Customs Organization Technology Conference<\/a><\/span><span style=\"font-weight:400;\">, Adnec Center, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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;\">MARCH 2026 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><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><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-28 March (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.socialcapital2026.com\/\" style=\"\">Social Capital 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 style=\"font-weight:700;\">APRIL 2026 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-15 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/15t1prb-dubai-host-15th-aim-congress-april-2026\" style=\"\">AIM 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:700;\">JUNE 2026 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 June-15 September (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaimallathon.ae\/\" style=\"\">Dubai Mallathon<\/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;\">JULY 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:700\">31 July (Friday): <\/span><span>Large businesses achieving annual revenues equal to or above AED 50<\/span> <span>mn<\/span> <span style=\"font-weight:400;\">must appoint an accredited service provider for e-invoicing implementation. <\/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>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;\">1 January: Deadline for large businesses to implement e-invoicing.<\/span><\/li>\n<li><span>1Q 2027: Completion of the first phase of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f4e973fb-1779-41cf-b29f-f4df8c403414\/this-morning:-india%25e2%2580%2599s-kotak-receives-sca-license,-plans-retail-focused-funds-in-4q-2025-%2B-ifza-in-panama%3F\" style=\"\">Hassyan seawater desalination project<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/li>\n<li><span style=\"font-weight:400;\">31 March: Small businesses with annual revenues of less than AED 50 mn are obliged to contract with an accredited service provider for e-invoicing implementation <\/span><\/li>\n<li><span>31 March: Government entities<\/span> <span style=\"font-weight:400;\">are required to appoint an accredited service provider for e-invoicing implementation.<\/span><\/li>\n<li><span style=\"font-weight:400;\">1 July: Deadline for small businesses to implement e-invoicing.<\/span><\/li>\n<li><span style=\"font-weight:400;\">1 October: Deadline for governments to implement e-invoicing.<\/span><\/li>\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>Plus: ADGM issues new rules for tax, legal, and corporate service providers<\/p>\n","protected":false},"featured_media":108557,"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-108556","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"ebd4b321-8534-468f-aae8-4dcc8b2b8fa3","teaser":"Plus: ADGM issues new rules for tax, legal, and corporate service providers","photo_url":"https:\/\/ent.news\/2024\/11\/1166.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ 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