{"id":109182,"date":"2025-11-06T00:00:00","date_gmt":"2025-11-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=109182"},"modified":"2025-12-15T05:27:53","modified_gmt":"2025-12-15T05:27:53","slug":"tons-of-energy-projects-at-home-expansions-abroad-from-adnoc-drilling-masdar-and-others","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/tons-of-energy-projects-at-home-expansions-abroad-from-adnoc-drilling-masdar-and-others\/","title":{"rendered":"Tons of energy projects at home + expansions abroad from Adnoc Drilling, Masdar, and others"},"content":{"rendered":"<section id=\"109184\" 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=\"109184\">\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\/11\/06\/this-morning-aed-170-bn-in-roads-transport-upgrades-emirates-nbd-to-launch-open-offer-for-rbl-bank-in-december\/\">\r\n                            THIS MORNING: AED 170 bn in roads, transport upgrades + Emirates NBD to launch open offer for RBL Bank in December                        <\/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\/11\/06\/this-morning-aed-170-bn-in-roads-transport-upgrades-emirates-nbd-to-launch-open-offer-for-rbl-bank-in-december\/\" 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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We have a rundown of both in the news well, below, along with how the UAE\u2019s non-oil private sector fared in October, plans from Microsoft to expand data center capacity by some 200 MW, and Sharjah Islamic Bank\u2019s new USD 500 mn sukuk issuance \u2014 and a lot more. Let\u2019s dive in.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Introducing EnterpriseAM MENA <> India<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">The flow of capital, talent, and trade between MENA and the Indian subcontinent is one of the most important economic stories in the world. And we\u2019re telling it the way only we can.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">EnterpriseAM MENA <> India is our new briefing, published every Monday, Wednesday, and Friday, to track the transactions, trends, and market moves connecting these two dynamic regions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">If you\u2019re investing, trading, or scouting for your next big move in MENA or India, EnterpriseAM MENA <> India delivers the strategic intelligence you need \u2014 connecting insights emerging from Arabian Sea to Mediterranean to guide your decisions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The first edition lands this Monday. Subscribe by tapping <\/strong><strong><a target=\"_blank\" href=\"https:\/\/sub.ent.news\/mena-india\" style=\"\" rel=\"noopener\">here<\/a><\/strong><strong>.<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- Yesterday\u2019s dust has yet to settle<\/strong>, with dusty, hazy conditions set to continue today. Dubai will see a high of 33\u00b0C, and an overnight low of 24\u00b0C, while Abu Dhabi will see a high of 32\u00b0C and an overnight low of 22\u00b0C. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1- A fourth highway and AED 170 bn in roads and transport projects?<\/strong> The UAE is working on a package of AED 170 bn in roads and transport projects aimed at easing traffic congestion, consisting of both expansions of major roads and construction of new ones, as well as new modes of public transport, by 2030, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmkc6hq-suhail-mazrouei-announces-aed170-billion\" style=\"\" rel=\"noopener\">Wam<\/a> quotes Energy and Infrastructure Minister Suhail Al Mazrouei as saying at the UAE annual government meetings. The plan includes: <\/p>\n<ul>\n<li>Studying a <strong>fourth, 120km federal highway<\/strong> spanning 12 lanes;<\/li>\n<li>adding three lanes to <strong>Etihad Road<\/strong>, increasing its capacity by 60%; <\/li>\n<li>and expanding <strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/24719287-77f7-49ea-b9f4-dc41b54d2f91\/this-morning:-new%253cmark%253e-emirates-road%253c%2Fmark%253e-upgrade-to-cut-dubai-ras-al-khaimah-travel-time-%2B-dubai-approves-autonomous-heavy-vehicle-regulations\" style=\"\" rel=\"noopener\">Emirates Road<\/a><\/strong> to 10 lanes under a AED 750 mn project.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2- E<\/strong><strong>mir<\/strong><strong>ates NBD will launch its <\/strong><strong>open offer for Mumbai-listed RBL Bank\u2019s public shares <\/strong><strong>on Friday 12, December<\/strong>, with the tender period closing on Friday, 26 December, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/452.pdf\" style=\"\" rel=\"noopener\">filing (pdf)<\/a> to the NSE. The offer price remains set at INR 280 per share, as announced in October, while RBL shares last closed at INR 322.3. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Emirates NBD\u2019s board approved a plan last month to acquire 51-74% of India\u2019s RBL Bank through <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/879631e5-d1d0-41e2-8f32-53f3942aa99c\/enbd-moves-to-acquire-majority-stake-in-india%25e2%2580%2599s%253cmark%253e-rbl%253c%2Fmark%253e-bank\" style=\"\" rel=\"noopener\">a USD 3 bn preferential share issuance<\/a>, marking what would be the largest foreign investment in India\u2019s financial sector. The size of the preferential allotment will depend on how much of the open offer is taken up.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>ENBD tapped EY, JP Morgan, and NeoStrat Advisors as financial advisors and Shardul Amarchand Mangaldas & Co as counsel. AZB & Partners is providing counsel to RBL.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>The holding group of the Varkey family, <\/strong><strong>which is behind GEMS Education, Varke<\/strong><strong>y Group, is reportedly in talks with regional lenders over <\/strong><strong>a USD 400 mn debt facility<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-04\/dubai-education-tycoon-s-firm-said-to-raise-400-million-in-debt\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing people it says are familiar with the matter. The company is in negotiations with financiers including First Abu Dhabi Bank, Dubai Islamic Bank, and alternative investment manager Synergy Capital. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The financing package could be upsized<\/strong> if additional banks join the syndicate and is expected to be used primarily to refinance existing obligations, the sources said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Dubai<\/strong><strong>-based investment firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.legatum.com\/\" style=\"\" rel=\"noopener\">Legatum<\/a><\/strong><strong> is looking to raise USD 500 mn for<\/strong><strong> its <\/strong><strong>new humanitarian fund <\/strong>\u2014 Resilio \u2014 focused on local crisis response through front-line actors, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/news\/uae\/2025\/11\/05\/500m-fund-to-tackle-humanitarian-crises-launched-in-dubai\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. The fund has anchor commitments from the Vitol Foundation, UBS Optimus Foundation, Irene M. Staehelin Foundation, and Quadrature Climate Foundation, with further commitments expected. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So far<\/strong>, the firm has already deployed grants into Myanmar, Ethiopia, Somalia, Lebanon, India, and the Philippines, and is now evaluating Gaza and Syria as next deployment markets. Resilio is its fourth fund, with the previous three having raised over USD 1 bn, and will follow the same model of investing in local NGOs.<\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>The <\/strong><strong>UAE has invested over GBP 20 bn in the UK<\/strong> \u2014 double the originally earmarked GBP 10 bn, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-05\/abu-dhabi-invests-20-billion-in-the-uk-double-its-2021-pledge\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources familiar with the matter. The original 2021 pledge, made <a target=\"_blank\" href=\"https:\/\/www.mubadala.com\/en\/news\/uae-invest-10-billion-priority-uk-industries\" style=\"\" rel=\"noopener\">under a partnership<\/a> between sovereign wealth fund Mubadala and the UK\u2019s Investment Office, and targeting key sectors like the energy transition, tech, and infrastructure, included a plan to increase the amount pledged \u2014 and the UAE has exceeded even that, the sources said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Behind the push? <\/strong>The UK has long courted UAE funding by way of state visits. Yet sticking points remain, including competition from the US and other European countries for Gulf investments, as well as recent developments regarding UK limits on foreign-state media ownership \u2014 after it initially blocked an Abu Dhabi-backed IMI bid <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\">to take over The Telegraph newspaper<\/a>. The government later <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\">approved legislation<\/a> to allow foreign states up to 15% in UK newspapers, though, which allows IMI to retain a minority stake. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The world\u2019s biggest oil and gas forum, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adipec.com\/?utm_source=google-search&utm_medium=cpc&utm_term=adipec%202025&utm_content=&utm_campaign=ADIPEC%20Visprom%20Branded%20Africa%20RN%20Search%20Paid%202025\" style=\"\" rel=\"noopener\">Adipec<\/a><\/strong><strong>, is on its fourth and final day <\/strong>at the Abu Dhabi National Exhibition Center. The energy mega-event brings together global oil and gas, hydrogen, clean tech, and industrial strategy players, alongside ministers and climate negotiators, to discuss building a resilient energy sector and developing intelligent solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/arabal.com\/\" style=\"\" rel=\"noopener\">Arabal International Aluminum Conference<\/a><\/strong><strong> also wraps today<\/strong> at the Dubai Exhibition Center. The event gathers regional producers, OEMs, and technology players to discuss industrial decarbonization, supply chain competitiveness, and global metal demand cycles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gulfoodmanufacturing.com\/\" style=\"\" rel=\"noopener\">Gulfood Manufacturing<\/a><\/strong><strong> also wraps today<\/strong>at Dubai World Trade Center. The F&B manufacturing event will bring processing, supply, logistics, packaging, and automation players together for exhibitions showcasing the latest developments in the sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dubaidesignweek.ae\/\" style=\"\" rel=\"noopener\">Dubai Design Week<\/a><\/strong><strong> is on its third day and runs through Saturday <\/strong>at Dubai Design District. Designers, studios, universities, brands, and collectors will meet for workshops, exhibitions, a marketplace, and talks to showcase innovation, materiality, and future-forward design. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- The UAE Government Annual Meetings wrap today<\/strong><strong> in Abu Dhabi.<\/strong> The series of meetings brings together more than 500 senior officials and government leaders for three days of policy coordination, national briefings, and strategic priority alignment. On the agenda: the economy, investment, AI, healthcare, and traffic congestion.<\/p>\n<p class=\"tag-border-left\"> HAPPENING THIS WEEK- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- US Treasury Department's top sanctions official John Hurley arrives<\/strong><strong> in the region on Friday<\/strong>, with a plan to visit Israel, the UAE, Turkey, and Lebanon, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/top-us-sanctions-official-travel-middle-east-europe-discuss-maximum-pressure-2025-10-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a statement they\u2019ve seen. The visit marks his first to the region since taking office, and will discuss pressure against Iran, with his UAE leg also focusing on combating money laundering and the financing of terrorism. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- A UAE delegation is attending the China International Import Expo u<\/strong><strong>ntil Monday, 10 November in Shanghai<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/on-behalf-of-the-uae-president-theyab-bin-mohamed-bin-zayed-to-lead-uae-delegation-at-ciie-2025-in-china\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The delegation, led by Deputy Chairman of the Presidential Court for Development Theyab Al Nahyan, is attending on behalf of President Mohamed bin Zayed Al Nahyan. The six-day expo will focus on deepening bilateral investment ties and exploring cooperation in key sectors like advanced technology, clean energy, food security, and logistics. <\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A battle in the courts over Trump tariffs is making the headlines this morning<\/strong>. Arguments in front of the US Supreme Court yesterday indicated a ruling that could be represent a huge blow to Trump\u2019s economic and foreign policy. A number of conservative judges joined liberals in questioning the legality of blanket tariffs \u2014 announced by Trump back in April at his \u201cLiberation Day\u201d event \u2014 as an overreach of executive power. (<a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/politics\/2025\/11\/05\/tariffs-trump-supreme-court-arguments\/\" style=\"\" rel=\"noopener\">Washignton Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/supreme-court-weighs-legality-tariffs-major-test-trumps-power-2025-11-05\/%5C\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/supreme-court-trump-tariffs-6de9d1a477ddd59b995e8b87edf86372\" style=\"\" rel=\"noopener\">Associated Press<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The challenges come at a fraught time for Republicans: <\/strong>Trump lashed out at Senate Republicans asking them to use a maneuver to end the longest-ever government shutdown. The 36-day spill is weighing down on the economy., forcing the government to <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/3e5d7750-1b79-402f-b066-a2c355153ada\" style=\"\" rel=\"noopener\">cut flights at airports<\/a>, and <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/government-shutdown-longest-trump-republican-senators-democrats-9712df6c11ef19c5df8f18c8a4f7b341\" style=\"\" rel=\"noopener\">harming the party at high-profile elections<\/a>, evident in local victories in New York, Virginia, New Jersey and elsewhere that set the stage for huge Republican losses at midterm elections a year from now.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq and Hassan Allam Properties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong>, 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\"> MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>O<\/strong><strong>pec\u2019s cru<\/strong><strong>de output rose in October to some 28.43 mn bbl \/ d, around 30k bbl \/ d above <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c8770ce4-c075-4b01-b198-e7ee21b13ee8\/\" style=\"\" rel=\"noopener\">September\u2019s<\/a><\/strong><strong> figures<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-oil-output-rises-by-30000-bpd-october-survey-finds-2025-11-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> survey. The increase was driven mainly by Saudi Arabia and Iraq and comes even as Opec+ started implementing additional curbs on select members to offset previous overproduction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mixed signals: <\/strong>Five Opec producers \u2014 Algeria, Iraq, Kuwait, Saudi Arabia, and the UAE \u2014 were expected to collectively boost supply by 86k bbl \/ d in October before accounting for 140k bbl \/ d in compensation cuts from Iraq and the UAE. The survey found their actual combined increase hit 114k bbl \/ d, with production estimates for Iraq and the UAE remaining disputed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some fluctuation:<\/strong> Opec secondary-source data suggests adherence to quotas, while other trackers, including the International Energy Agency, see materially higher flows. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Opec+ had agreed on a 137k bbl \/ d increase for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/dec3ebcc-a13c-4872-8c1b-7202f8ceace6\/\" style=\"\" rel=\"noopener\">October<\/a>, unwinding the 1.65 mn bbl \/ d voluntary cuts layer, after they initially unwound the full 2.2 mn bbl \/ d layer by end-September. It is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8788dcc9-741f-4ab6-a3e2-3821a1885640\/this-morning:-alpha-dhabi-to-sell-stake-in-aldar%3F-%2B-we%25e2%2580%2599re-paying-less-at-the-pump-in-november\" style=\"\" rel=\"noopener\">set to pause hikes in 1Q 2026<\/a> after following through with a supply increase in November and December. <\/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\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/non-oil-private-sector-expands-at-softer-pace-in-october\/\">\r\n                            Non-oil private sector expands at softer pace in October                        <\/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\/11\/06\/non-oil-private-sector-expands-at-softer-pace-in-october\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n   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data-attachment-id=\"109188\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/non-oil-private-sector-expands-at-softer-pace-in-october\/702-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/702.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"702.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/702.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/702.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109187\" class=\"content-area-description single-story post-109187 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-economy tag-enterpriseam-uae tag-pmi tag-sp-global 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\/11\/.21a03fa1-960d-4467-9911-872db1f48469.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The UAE\u2019s n<\/strong><strong style=\"background-color: transparent;\">on-oil private sector grew at a softer pace in October<\/strong><span style=\"background-color: transparent;\">, though remained above mid-year lows, supported by stronger business activity and a rise in new orders. The country\u2019s seasonally adjusted <\/span><a target=\"_blank\" href=\"https:\/\/www.pmi.spglobal.com\/Public\/Home\/PressRelease\/3f73dd82fb2f47d89e75b82b514d6410\" rel=\"noopener\">S&amp;P Global PMI (pdf)<\/a><span style=\"background-color: transparent;\"> dipped to 53.8 in October, from <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/820ea344-73dd-4ec2-89d0-35e41b885cfb\/non-oil-private-sector-growth-improves-by-the-most-in-seven-months\" rel=\"noopener\">54.2<\/a><span style=\"background-color: transparent;\"> a month earlier.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">New orders soared in October<\/strong><span style=\"background-color: transparent;\">, signalling the second consecutive month of demand recovery. This trend followed a low point for new business recorded in August, which was the weakest in four years. Firms attributed the expansion to an uptick in client numbers on the back of favorable economic conditions and expanded marketing efforts, as well as business intakes from foreign clients.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Growth remained above the survey\u2019s historical trend for the third consecutive month in October<\/strong>, lifted by strong sales and the launch of new projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Purchasing activity inched up, with firms reporting the biggest increase in input buying since June<\/strong>, which contributed to stabilized inventory levels, following a downward trend throughout 3Q.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Input costs saw a modest increase during October <\/strong>as inflation cooled for the second month in a row, with only 4% of the surveyed firms reporting cost hikes. In turn, output inflation remained stable for the second consecutive month despite a marked increase in supplier prices, wages, and transport costs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Backlog accumulation accelerated in October, reversing a three-month trend<\/strong>. This was mainly driven by capacity constraints due to elevated new business and the administrative delays. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Job creation grew at its slowest rate since March,<\/strong> which \u201cpartly reflected a relatively subdued level of business confidence,\u201d S&amp;P Global Senior Economist David Owen wrote in the report. \u201cIn fact, the latest survey revealed that firms were the least optimistic in nearly three years.\u201d he adds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why the drag?<\/strong> The main reason can be linked to a slowdown in hiring overseas labor, as well as a dip in construction projects across the GCC, which means less jobs are being created, TS Lombard analyst Hamzeh Al Gaood told EnterpriseAM, explaining that while absolute numbers are still growing, annual growth rates are slowing down. The UAE \u2014 outside of Dubai \u2014 is also still affected by oil prices and expectations of a supply glut, which could explain the more bearish sentiment, he added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The GCC at large: <\/strong>\u201cNon-oil activity in the Gulf region remained robust, but it is expected that it will not last any longer, particularly for Saudi Arabia,\u201d Capital Economics\u2019 James Swanston wrote in a research note seen by EnterpriseAM. \u201cWeaker oil export receipts will reinforce the need for fiscal consolidation and will more than offset any boost from looser monetary policy, resulting in softer non-oil GDP growth,\u201d he added.<\/p>\n<p class=\"tag-border-left\">OVER IN DUBAI-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The non-oil private sector in Dubai recorded its highest<\/strong><strong> PMI figure since January.<\/strong> The headline PMI rose to 54.5, up from 54.2 last month, with an upturn in operating conditions. New orders accelerated again in October, supporting a stronger rise in output. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Input prices accelerated at six-month high<\/strong>, reversing the decline witnessed in September. The increase was driven by heightened costs of raw materials, wages, and technology. In turn, firms raised their selling prices, reversing September's first drop in 10 months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Employment rates increase for the seventh consecutive month<\/strong>, but at a slower pace. Meanwhile, businesses were less optimistic about the year ahead outlook.<\/p>\n<p class=\"tag-border-left\">ELSEWHERE IN THE REGION-<\/p>\n<ul>\n<li><strong>Saudi Arabia\u2019s non-oil private sector <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/a0c3609a-3e34-4c82-9551-48ae1cd532b7\/non-oil-private-sector-growth-hits-nine-month-peak-in-october\" style=\"\" rel=\"noopener\">continued its expansion<\/a><\/strong><strong> in October<\/strong>, hitting its fastest level since January and the second-fastest level since September 2014, with the PMI rising to 60.2;<\/li>\n<li><strong>Non-oil activity in Kuwait <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/657ee084-a28e-4fd2-919b-41cac35fbec2\/how-ksa,-kuwait-and-egypt%e2%80%99s-non-oil-sectors-fared-in-october\" style=\"\" rel=\"noopener\">expanded at a quicker pace<\/a><\/strong><strong> in October<\/strong>, boosted by higher growth in output and new orders and rising to 52.8;<\/li>\n<li><strong>Egypt\u2019s non-oil private sector <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/272a98fd-8af5-4ec5-83cc-fce010addbc1\/egypt%e2%80%99s-non-oil-private-sector-contraction-eases-in-october\" style=\"\" rel=\"noopener\">contracted at a slower pace<\/a><\/strong><strong> last month<\/strong>, with the headline figure improving to 49.2 amid a slight improvement in new orders, especially from the manufacturing sector;<\/li>\n<\/ul>\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\/economy\/\">Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/pmi\/\">PMI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sp-global\/\">S&amp;P Global<\/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=\"109189\" 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=\"109189\">\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\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/adipec-day-three-movement-on-petrochems-oil-and-gas-and-saf-projects-in-the-uae\/\">\r\n                            Adipec day three: Movement on petrochems, oil and gas, and SAF projects in the UAE                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/adipec-day-three-movement-on-petrochems-oil-and-gas-and-saf-projects-in-the-uae\/\" 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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Here is a breakdown of the projects in the UAE: <\/p>\n<p class=\"tag-border-left\">PETROCHEMICALS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Ta\u2019ziz <\/strong><strong>locks in another EPC contract for its industrial ecosystem:<\/strong> Ta\u2019ziz \u2014 a JV between ADQ and Adnoc \u2014 has awarded a AED 7.3 bn (c.USD 2 bn) EPC contract to China National Chemical Engineering &amp; Construction Corporation Seven to build the UAE\u2019s first polyvinyl chloride (PVC) plant in Ta\u2019ziz industrial ecosystem in Ruwais, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/energy\/taziz-awards-aed-7-bn-contract-to-build-one-of-worlds-largest-pvc-complexes\/\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Details:<\/strong><span style=\"background-color: transparent;\"> The facility will produce 1.9 mn tonnes annually of PVC, ethylene dichloride (EDC), vinyl chloride monomer (VCM), and caustic soda. These are feedstocks for pipes, construction materials, infrastructure components, packaging, and medical applications. This is intended to substitute imports, serve the domestic industry and support export-linked value chains. Ta\u2019ziz expects the plant to come online by 4Q 2028.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The contract follows some USD 4.7 bn EPC contracts<\/strong> awarded for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/48e6b2d3-4cbc-4656-a4bf-135878765665\" style=\"\" rel=\"noopener\">ammonia<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9c360fb0-c425-479c-aaee-2424a57c2819\" style=\"\" rel=\"noopener\">methanol<\/a> plants within Phase 1 of the company\u2019s industrial ecosystem in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/319596cf-0300-4639-8cbf-f4407941feb7\" style=\"\" rel=\"noopener\">Ruwais<\/a> \u2014 which is expected to contribute some AED 183 bn to the economy \u2014 targeting 4.7 mn tonnes annually of capacity across chemicals and transition-fuel products. T\u2019aziz has also already awarded <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/48e6b2d3-4cbc-4656-a4bf-135878765665\/adipec-day-three:-more-agreements-from-adnoc\" style=\"\" rel=\"noopener\">three USD 2 bn (AED 7.34 bn) contracts<\/a> for infrastructure development at its chemicals and transition fuels site in Al Ruwais Industrial City. <\/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- <\/strong><strong>Borouge <\/strong><strong>launches first UAE-made low-density polyethylene for <\/strong><strong>healthcare use: <\/strong>ADX-listed petrochemicals firm Borouge will be producing the first locally manufactured low-density polyethylene designed for healthcare and pharma packaging, according to a <a target=\"_blank\" href=\"https:\/\/www.borouge.com\/en\/media\/Pages\/News\/MADE-IN-UAE-HEALTHCARE-LDPE.aspx\" style=\"\" rel=\"noopener\">press release<\/a>. The product will be produced at Borouge\u2019s Ruwais facility, and will help strengthen the UAE\u2019s medical supply chains by enabling the domestic manufacturing of sterile packaging like IV bottles, blow-fill-seal bottles, and ampoules. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company has been deepening its locally produced, value-added medical products portfolio<\/strong>, with the manufacturing of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/da48496a-83be-4a7f-8858-91fa5174b7fb\/make-it-in-the-emirates:-final-day-delivers-more-financing-for-industrials-%2B-ev,-healthcare,-and-oil-and-gas-partnerships\" style=\"\" rel=\"noopener\">Bormed RG868MO<\/a> \u2014 used in syringes, inhalers, and pharma packaging \u2014 already underway. It also signed an MoU with Mubadala\u2019s new pharma arm, Mubadala Bio, to supply polyolefin materials for the local manufacturing of medical products. <\/p>\n<p class=\"tag-border-left\">OIL AND GAS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Fujairah gets a gasoline refinery: <\/strong>Nasdaq-listed Brooge Petroleum and Gas Investment Company (BPGIC) signed an agreement with Honeywell to secure a license to develop what it says will be Fujairah\u2019s first refinery dedicated to producing high-quality gasoline, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmjqqq9-brooge-petroleum-and-gas-investments-honeywell\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The project will roll out in phases, starting with an initial phase targeting output of some 15k barrels per day. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Under the agreement,<\/strong> Honeywell will provide the engineering design for the facility, which is expected to incorporate modern refining and processing technologies. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Al Masaood Energy is moving into tyre-to-oil recycling<\/strong> with the GCC\u2019s first plant to convert end-of-life tyres into export-grade crude, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmjqr1w-masaood-energy-unveils-used-tyre-refining-project\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The facility will refine used tyres into oil that qualifies under EU standards for import without local tax, regional manager for the renewable energy division Ibrahim Al Hashidi said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Demand looks locked in before the plant even starts up<\/strong>, with the company saying all output has already been committed ahead of completion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART-<\/strong> Tyre-to-oil conversion relies on <a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0956053X13002122\" style=\"\" rel=\"noopener\">industrial pyrolysis<\/a>, where shredded end-of-life tyres are heated in oxygen-free reactors to break rubber down into a condensable hydrocarbon vapor that becomes synthetic crude after cooling and refining. This meets <a target=\"_blank\" href=\"https:\/\/www.tiretechnologyinternational.com\/opinion\/opinion-eu-regulations-boost-demand-for-tire-derived-pyrolysis-oil-in-chemical-recycling.html\" style=\"\" rel=\"noopener\">EU import standards<\/a>, which treats compliant waste-derived hydrocarbons as feedstock rather than taxed waste fuel. The economics pencil out at scale when operators secure a cheap tyre supply, lock in offtake, and navigate the certification framework. <\/p>\n<p class=\"tag-border-left\">SUSTAINABLE AVIATION FUELS- <\/p>\n<p> <a target=\"_blank\" id=\"kix.tnw6qzd9tfv5\" rel=\"noopener\"><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mercantile &amp; Maritime Group's<\/strong><strong> subsidiary MENA Biofuels has begun construction of the<\/strong> <strong>UAE\u2019s first commercial Sustainable Aviation Fuel (SAF) plant <\/strong>in the Fujairah Oil Industry Zone, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmjqq8a-construction-begins-uae%E2%80%99s-first-commercial\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The facility, which will convert used cooking oil and other waste-based feedstocks into certified SAF, will be constructed in two phases; the first costing some USD 200 mn for 125 mn liters of SAF annually, while the second is estimated at USD 100 mn and will up capacity to 250 mn liters annually.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The first phase will cover 18% of national demand for SAF<\/strong>, while the second will cover 36%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> We knew that M&amp;M is working on a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/24200d96-2084-48b4-a7cc-9a8580eeb40c\/fujairah-is-getting-an-aed-2.2-bn-biofuel-processing-facility\" style=\"\" rel=\"noopener\">AED 2.2 bn biofuel processing facility<\/a> in the Fujairah Oil Industry Zone, though at the time the facility was expected to produce 150 mn liters of SAF annually, with the facility scheduled for completion next year. Mercantile &amp; Maritime did not respond to EnterprisAM UAE ahead of dispatch. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company launched the first of two Engineering, Procurement, and Construction and Commissioning tenders<\/strong> covering the receiving, storage, and distribution facilities for feedstock, SAF, and by-products, establishing the project\u2019s logistical backbone. The second tender will be launched in 1Q next year for the SAF refinery process units and associated infrastructure.<\/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\/adq\/\">ADQ<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/brooge-energy\/\">Brooge Energy<\/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\/fujairah\/\">Fujairah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/petrochemicals\/\">petrochemicals<\/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=\"109191 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=\"109191\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/109191-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109191\" class=\"content-area-description single-story post-109191 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.mashreq.com\/en\/uae\/private\/become-a-customer\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/741.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109192\" 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=\"109192\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/masdar-buys-into-omvs-austria-hydrogen-project\/\">\r\n                            Masdar buys into OMV\u2019s Austria hydrogen project                        <\/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\/11\/06\/masdar-buys-into-omvs-austria-hydrogen-project\/\" 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 facility is slated to come online by end-2027 with 140 MW of electrolysis capacity, targeting annual output of up to 23k tons of green hydrogen for industrial users. Long-term green power contracts are already secured, the state agency said, citing OMV\u2019s CEO Alfred Stern. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Total capex is expected to land in the \u201chigh three-figure EUR mn\u201d range,<\/strong><span style=\"background-color: transparent;\"> with Masdar covering 49% of costs. Earlier media estimates pegged the investment near EUR 700 mn, the state news agency added. The JV structure will see one managing director from each side.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About time: <\/strong>Masdar and OMV <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/317418eb-215f-4621-a195-b20cf08bd289\/\" style=\"\" rel=\"noopener\">inked<\/a> a letter of intent to partner in producing green hydrogen, sustainable synthetic fuels, and chemicals in the UAE, Austria, and Central and Northern Europe back in April. Both companies previously <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c1d4b10f-f282-4250-ad19-d1304fc8b820\/\" style=\"\" rel=\"noopener\">signed<\/a> a Heads of Terms agreement to develop a large-scale green hydrogen plant back in 2023.<\/p>\n<p class=\"tag-border-left\"> OTHER RENEWABLES NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EPo<\/strong><strong>intZero \u2014 the decarbonization arm of 2PointZero, an IHC-linked firm \u2014 and Egypt\u2019s<\/strong><strong> Elsewedy Electric signed a head of terms agreement to develop <\/strong><strong>up to 300 MW of solar power in Zambia<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/elsewedyelectric_elsewedy-electric-partnership-with-e-point-activity-7391448591334199297-o0_O?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAACxR4pABvSbcxsBMUc-IOBf0VI1XWqO_Tx0\" style=\"\" rel=\"noopener\">statement<\/a>. No further details were disclosed for the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Expanding the footprint: <\/strong>EPointZero <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4cba6ba8-347c-4485-84fd-edba6796d7e8\/ad-ports-explores-green-energy-storage-jv-with-rotterdam%25e2%2580%2599s-advario\" style=\"\" rel=\"noopener\">acquired<\/a> a 1 GWh electrostatic energy storage system in May from renewables outfit Enercap to be deployed across UAE electrical grids. It also signed a <a target=\"_blank\" href=\"https:\/\/www.2pointzero.com\/news\/masdar-totalenergies-and-epointzero-sign-framework-for-action-to-drive-clean-energy-access-in-africa-and-asia\" style=\"\" rel=\"noopener\">framework for action<\/a> with Masdar and TotalEnergies in July to accelerate clean energy access across Africa and Asia.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109194\" 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=\"109194\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/adnoc-drilling-is-set-to-acquire-80-of-omans-mb-petroleum-services\/\">\r\n                            Adnoc Drilling is set to acquire 80% of Oman\u2019s MB Petroleum Services                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/adnoc-drilling-is-set-to-acquire-80-of-omans-mb-petroleum-services\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The drilling arm of state-owned energy giant Adnoc will also have the option to buy up the remaining 20% currently held by Al Barwani under an agreed mechanism following an undisclosed lockup period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The transaction is due to wrap up in the first half of 2026<\/strong><span style=\"background-color: transparent;\">, once standard regulatory approvals are in place.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc drilling will tap its current debt coffers to fund the acquisition<\/strong>, which it says is \u201cvalue accretive\u201d and expected to generate solid returns with a free cash flow yield above 10% and an internal rate of return exceeding 15%, CFO Yousef Salem told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/adnoc-drilling-expands-further-gulf-with-new-acquisition-2025-11-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a>, adding that the move is a \u201cblueprint\u201d for growth. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MBPS ope<\/strong><strong>rates across Oman, Kuwait and Saudi Arabia and Bahrain<\/strong>, with a portfolio of 21 drilling and workover rigs (13 in Oman, and four in each of Kuwait and Bahrain) backed by production service units, prequalifications and subsidiaries along with an established presence spanning four key GCC markets through secured long-term contracts with national oil companies and other \u201cblue-chip clients,\u201d the release read. It generated USD 187 mn in revenue and USD 56 mn in EBITDA in 2024, implying a roughly 30% margin and an entry multiple below 4x, with a USD 0.9 bn contract backlog.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rigs are fully operational under multi-year contracts worth <\/strong><strong>about USD<\/strong><strong> 270 mn <\/strong>extending through to 2033, Salem told Reuters separately. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- The move marks Adnoc\u2019s second M&amp;A play in the region. <\/strong>The drilling giant inked a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e832e610-531e-4302-b566-22a39164bcc0\/%253cmark%253eadnoc-drilling%253c%2Fmark%253e-is-now-in-oman-and-kuwait\" style=\"\" rel=\"noopener\">USD 112 mn agreement<\/a> back in May to acquire a 70% stake in the land drilling business of US oil and gas wells drilling company Schlumberger Middle East (SLB) in Kuwait and Oman with a mechanism in place to acquire SLB\u2019s remaining 30% stake over time. The transaction, which marked its first inorganic expansion outside the UAE, is also expected to close in 1Q 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company aims to run more <\/strong><strong>than<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/be961d13-b087-4ffa-abcb-3d0ed90dc48d\" style=\"\" rel=\"noopener\">151 rigs by 2028<\/a><\/strong> and had earmarked USD 150 mn for overseas rigs in Kuwait and Oman and USD 500 mn for assets inside the UAE, CFO Youssef Salem <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/be961d13-b087-4ffa-abcb-3d0ed90dc48d\/more-names-report-1q-results\" style=\"\" rel=\"noopener\">told us previously<\/a>. It has also earmarked USD 350 mn for acquisitions through its JV with Alpha Dhabi\u2019s Enersol in 2H 2025 as part of USD 1 bn in planned capex for inorganic growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax: <\/strong>Adnoc Drilling\u2019s shares were down 1.2% to AED 5.54 at yesterday\u2019s close on the ADX. <\/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\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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=\"109196\" 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=\"109196\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/arcius-takes-over-egypts-harmattan-gas-field\/\">\r\n                            Arcius takes over Egypt\u2019s Harmattan gas field                        <\/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\/11\/06\/arcius-takes-over-egypts-harmattan-gas-field\/\" 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\/11\/06\/arcius-takes-over-egypts-harmattan-gas-field\/')\">\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\/11\/06\/arcius-takes-over-egypts-harmattan-gas-field\/\">\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=Arcius takes over Egypt\u2019s Harmattan gas field&url=https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/arcius-takes-over-egypts-harmattan-gas-field\/\">\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\/11\/06\/arcius-takes-over-egypts-harmattan-gas-field\/&title=Arcius takes over Egypt\u2019s Harmattan gas field\">\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=Arcius+takes+over+Egypt%E2%80%99s+Harmattan+gas+field+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F11%2F06%2Farcius-takes-over-egypts-harmattan-gas-field%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\/11\/06\/arcius-takes-over-egypts-harmattan-gas-field\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/447.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109197\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/arcius-takes-over-egypts-harmattan-gas-field\/447-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/447.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"447.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/447.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/447.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109196\" class=\"content-area-description single-story post-109196 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-egypt tag-enterpriseam-uae tag-ma-watch tag-oil-and-gas 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\/11\/.d5bf0e44-710d-498b-adf8-19424a8e7e86.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Arcius Energy finalized the agreement to acquire the Harmattan gas and <\/strong><strong>condensate field in Egypt\u2019s Eastern Mediterranean<\/strong>, securing full rights in the El Burg offshore concession from Shell and BP, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/368.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The company will take over all obligations and development rights for the field. The transaction 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;\">The development plan includes drilling up to three wells<\/strong><span style=\"background-color: transparent;\">, installing a fixed offshore platform, and building a 50 km pipeline to onshore processing facilities near Port Said. First gas from Harmattan is expected in 2028.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>Arcius was in advanced negotiations to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ebbf013c-b5f6-4e1c-909b-bef1c8472c8a\/\" style=\"\" rel=\"noopener\">acquire<\/a> Shell\u2019s 50% stake in Egypt's Harmattan back in March. In December, BP and Shell signed an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/62eb0d4a-2513-4122-8d90-27f45779e7c8\/%253cmark%253ebp-and-shell%253c%2Fmark%253e-to-add-125-mn-cbf-of-daily-gas-production-in-2026-with-usd-370-mn-project\" style=\"\" rel=\"noopener\">agreement<\/a> with the Egyptian Natural Gas Holding Company (EGAS) to begin production at Harmattan by 1Q 2026, with initial investments estimated at USD 370 mn. It\u2019s expected to produce 125 mn cubic feet of gas and 3.3k barrels of condensate daily.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Arcius is a JV <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/940c83d7-18df-4abd-9d4c-d3c67e3e77ba\" style=\"\" rel=\"noopener\">established<\/a><\/strong><strong>in December between BP, with a 51% stake, and Adnoc\u2019s investment arm XRG<\/strong>, which owns 49%. Its concessions in Egypt include a 10% stake in the Shorouk offshore concession and full ownership of the North Damietta concession. The company also holds exploration rights in North Tabya, Bellatrix City East, and North Fayrouz.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">!_ SubHed_! <strong>OTHER OIL AND GAS NEWS- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mubadala eyes next year for FID on Indonesia's gas: <\/strong>Mubadala Energy is targeting a June 2026 final investment decision for Indonesia\u2019s Tangkulo-1 gas development in the Andaman Sea, with a plan of development slated for 4Q 2025 and first gas forecast for 4Q 2028, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmkc5r2-mubadala-energy-reports-significant-momentum-key\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The project is moving ahead of schedule as front-end engineering design and long-lead item contracting advance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Offtake already secured:<\/strong> Mubadala <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/566c33d9-fc16-4095-ba6a-1b441f03fafd\/\" style=\"\" rel=\"noopener\">signed<\/a> an initial agreement to provide 200 mn standard cubic feet per day (mcf\/d) of gas to Indonesian state fertilizer producer Pupuk Indonesia in May. Supply will reach Pupuk\u2019s projects once production at Mubadala\u2019s South Andaman Block kicks off. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOME CONTEXT- <\/strong>Mubadala reported a gas discovery from its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/96715b67-b664-4127-8363-7503397f58c5\/\" style=\"\" rel=\"noopener\">Tangkulo-1<\/a> exploration well in South Andaman in May last year. The site has 47 mn cubic feet in prospective gas resources, and 1.3k barrels of condensate, with its estimated capacity expected to sit between 80-100 mn cubic meters. This marks the company\u2019s second deepwater find in South Andaman, following one at the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/225aee53-f8e4-45ff-8e0e-683f6ee64fbc\/\" style=\"\" rel=\"noopener\">Layaran-1<\/a> well in December of last year. Mubadala Energy holds the largest net acreage in South Andaman, with an 80% working interest.<\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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=\"109198\" 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=\"109198\">\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\">Tech<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/g42-capitalizes-on-microsoft-partnership-to-add-200-mw-of-data-center-capacity-through-khazna\/\">\r\n                            Microsoft to add 200 MW of data center capacity through Khazna                        <\/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\" 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href=\"https:\/\/api.whatsapp.com\/send?text=G42+capitalizes+on+Microsoft+partnership+to+add+200+MW+of+data+center+capacity+through+Khazna+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F11%2F06%2Fg42-capitalizes-on-microsoft-partnership-to-add-200-mw-of-data-center-capacity-through-khazna%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\/11\/06\/g42-capitalizes-on-microsoft-partnership-to-add-200-mw-of-data-center-capacity-through-khazna\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/445.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109199\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/g42-capitalizes-on-microsoft-partnership-to-add-200-mw-of-data-center-capacity-through-khazna\/445-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/445.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"445.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/445.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/445.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109198\" class=\"content-area-description single-story post-109198 post type-post status-publish format-standard has-post-thumbnail hentry category-_newspack_tech tag-artificial-intelligence tag-data-center tag-g42 tag-khazna-data-centers tag-microsoft tag-tech 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\/11\/.7d71451e-af3b-4985-90d8-26a82d41bf13.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>State<\/strong><strong>-owned AI firm G42 partnered with Microsoft to add 200 MW of data<\/strong><strong> center capacity through its subsidiary <\/strong><strong><a target=\"_blank\" href=\"https:\/\/khaznadatacenters.com\/\" style=\"\" rel=\"noopener\">Khazna Data Centers<\/a><\/strong>, as part of the US tech giant\u2019s plan to invest <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1db9559f-86ac-4e4e-9f1f-ceeac34cb2e0\/microsoft-to-invest-nearly-usd-8-bn-in-the-uae-by-2029-in-data-centers,-chips\" style=\"\" rel=\"noopener\">USD 15.2 bn<\/a> in the UAE between 2023-2029, according to a <a target=\"_blank\" href=\"https:\/\/www.g42.ai\/resources\/news\/microsoft-and-g42-accelerate-uaes-digital-future-major-data-centre-expansion\" style=\"\" rel=\"noopener\">press release<\/a>. The upgrade, which will help support Microsoft Azure\u2019s cloud services, is expected to come online before end-2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">REMEMBER- <\/strong><span style=\"background-color: transparent;\">Microsoft and its partners previously said they plan to invest <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/567d7083-5515-4e09-bc43-0a62026d91c9\/event-report:-day-three-of-gitex\" rel=\"noopener\">USD 5.1 bn<\/a><span style=\"background-color: transparent;\"> in the UAE\u2019s data center regions over the next four years \u2014 building on an earlier <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ab8a12c3-4caf-4243-940c-f007b4d33c7a\/%253cmark%253emicrosoft%253c%2Fmark%253e-writes-usd-1.5-bn-ticket-for-g42\" rel=\"noopener\">USD 1.5 bn<\/a><span style=\"background-color: transparent;\"> investment in G42. The company already has <\/span><a target=\"_blank\" href=\"https:\/\/news.microsoft.com\/en-xm\/2019\/06\/19\/microsoft-cloud-datacenter-regions-now-available-in-the-uae-to-help-fuel-the-middle-easts-future-economic-ambitions\/\" rel=\"noopener\">two cloud regions<\/a><span style=\"background-color: transparent;\">, one in Dubai and the other in Abu Dhabi, with the one in Dubai including three availability zones. It also has a <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/04d4976c-6911-4104-a142-38d63750542a\/%253cmark%253edu%253c%2Fmark%253e-to-build-aed-2-bn-hyperscale-data-center,-with-microsoft-as-its-main-tenant\" rel=\"noopener\">AED 2 bn hyperscale data center<\/a><span style=\"background-color: transparent;\"> on the way courtesy of Du. The exact capacity of its data center infrastructure is not public.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s all part of a bigger plan:<\/strong> Microsoft plans to spend more than USD 7.9 bn in the UAE between 2026-2029. This includes over USD 5.5 bn in capital expenses for the ongoing and planned expansion of its AI and cloud infrastructure. The firm has invested over USD 7.3 bn in the country so far, with over USD 4.6 bn dedicated to advanced AI and cloud data centers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cOur partnership with Microsoft advances our mission to build the Intelligence Grid, the interconnected infrastructure for intelligence designed to empower people, industries, and nations in the AI era,\u201d G42\u2019s CEO Peng Xiao said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Khazna has also been working on expanding data center infrastructure at home:<\/strong> Khazna Data Centers is working on <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b4fc2d35-7bb9-49a8-ba34-ee4eb8a5ab65\/%253cmark%253ekhazna%253c%2Fmark%253e-to-build-100-mw-data-center-in-t%25c3%25bcrkiye-as-part-of-regional-expansion-drive\" style=\"\" rel=\"noopener\">two new 30 MW data centers<\/a> \u2014 AUH4 in Mafraq and AUH8 in Masdar City \u2014 set to come online by 2H 2026. Its 100 MW QAJ1 Ajman facility is also expected to be completed in December 2026, and it has two other facilities under construction which should take its capacity up to 210 MW. It also recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d0f4ba88-91b5-44ae-bcf0-c8b05cdb5796\/%253cmark%253ekhazna%253c%2Fmark%253e-data-centers-lines-up-usd-2.62-bn-in-debt-from-adcb,-fab-to-scale-at-home-and-abroad\" style=\"\" rel=\"noopener\">secured a USD 2.62 bn financing facility<\/a> from local lenders to support its expansion at home and abroad.<\/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\/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\/g42\/\">G42<\/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\/tech\/\">tech<\/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=\"109200\" 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=\"109200\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/sib-tightens-pricing-on-its-usd-500-mn-sukuk\/\">\r\n                            SIB tightens pricing on its USD 500 mn sukuk                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/sib-tightens-pricing-on-its-usd-500-mn-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\/11\/06\/sib-tightens-pricing-on-its-usd-500-mn-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\/11\/06\/sib-tightens-pricing-on-its-usd-500-mn-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=SIB tightens pricing on its USD 500 mn sukuk&url=https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/sib-tightens-pricing-on-its-usd-500-mn-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\/11\/06\/sib-tightens-pricing-on-its-usd-500-mn-sukuk\/&title=SIB tightens pricing on its USD 500 mn 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=SIB+tightens+pricing+on+its+USD+500+mn+sukuk+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F11%2F06%2Fsib-tightens-pricing-on-its-usd-500-mn-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\/11\/06\/sib-tightens-pricing-on-its-usd-500-mn-sukuk\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1976.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109201\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/sib-tightens-pricing-on-its-usd-500-mn-sukuk\/1976-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1976.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1976.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1976.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1976.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109200\" class=\"content-area-description single-story post-109200 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt tag-debt-watch tag-enterpriseam-uae tag-sharjah-islamic-bank 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\/11\/.9d55c2cc-6be2-449f-b2fa-743ca122f264.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Sharjah<\/strong><strong> Islamic Bank (SIB) tightened pricing by about 30 bps from initial <\/strong><strong>guidance for its USD 500 mn five-year sukuk<\/strong>, landing at 95 bps over US Treasuries after drawing more than USD 1.3 bn in orders excluding lead manager interest, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/capital-markets\/bonds\/sharjah-islamic-bank-tightens-price-on-its-500mln-5-year-reg-s-sukuk-cbxpgahs\" style=\"\" rel=\"noopener\">Zawya<\/a> reports. SIB <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8788dcc9-741f-4ab6-a3e2-3821a1885640\/this-morning:-alpha-dhabi-to-sell-stake-in-aldar%3F-%2B-we%25e2%2580%2599re-paying-less-at-the-pump-in-november\" style=\"\" rel=\"noopener\">flagged plans<\/a> to go through with the issuance earlier this week when it tapped banks, including our friends at Mashreq and HSBC, to manage the offering. <\/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 fixed-rate Wakala sukuk carries a 4.60% coupon and a 4.651% yield<\/strong><span style=\"background-color: transparent;\">, and will be issued under the bank\u2019s USD 3 bn trust certificate program. The senior unsecured notes will list on Euronext Dublin and Nasdaq Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A busy year for SIB: <\/strong>SIB, rated A- by S&amp;P and BBB+ by Fitch, tapped the market twice this year with a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/54231ae0-9b41-4acd-b067-e5d12177f43d\/uae-banks-ramp-up-debt-issuances\" style=\"\" rel=\"noopener\">USD<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/54231ae0-9b41-4acd-b067-e5d12177f43d\/uae-banks-ramp-up-debt-issuances\" style=\"\" rel=\"noopener\">500 mn sukuk<\/a> in February followed by a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bc343b34-c2ed-4928-ab55-33002c47cc55\/mubadala,-sharjah-islamic-bank,-and-adcb-tap-debt-markets\" style=\"\" rel=\"noopener\">USD 500 mn perpetual AT1<\/a> note in May which were listed on Euronext Dublin and Nasdaq Dubai. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Emirates NBD Capital and Standard Chartered Bank were joint global coordinators. Ajman Bank, Bank ABC, Dubai Islamic Bank, First Abu Dhabi Bank, HSBC, Mashreq, and The Islamic Corporation for the Development of the Private Sector acted as joint lead managers and bookrunners.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sharjah-islamic-bank\/\">Sharjah Islamic Bank<\/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=\"109202 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=\"109202\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/109202-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109202\" class=\"content-area-description single-story post-109202 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\/ads\/imgs\/404.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=\"109203\" 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=\"109203\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/ihc-deyaar-alpha-data-and-waha-post-3q-earnings\/\">\r\n                            IHC, Deyaar, Alpha Data, and Waha post 3Q earnings                        <\/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\/11\/06\/ihc-deyaar-alpha-data-and-waha-post-3q-earnings\/\" 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\/11\/06\/ihc-deyaar-alpha-data-and-waha-post-3q-earnings\/')\">\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\/11\/06\/ihc-deyaar-alpha-data-and-waha-post-3q-earnings\/\">\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=IHC, Deyaar, Alpha Data, and Waha post 3Q earnings&url=https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/ihc-deyaar-alpha-data-and-waha-post-3q-earnings\/\">\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\/11\/06\/ihc-deyaar-alpha-data-and-waha-post-3q-earnings\/&title=IHC, Deyaar, Alpha Data, and Waha post 3Q earnings\">\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=IHC%2C+Deyaar%2C+Alpha+Data%2C+and+Waha+post+3Q+earnings+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F11%2F06%2Fihc-deyaar-alpha-data-and-waha-post-3q-earnings%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\/11\/06\/ihc-deyaar-alpha-data-and-waha-post-3q-earnings\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109204\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/ihc-deyaar-alpha-data-and-waha-post-3q-earnings\/1210-jpg-36\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1210.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1210.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109203\" class=\"content-area-description single-story post-109203 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-alpha-data tag-deyaar tag-earnings-watch tag-enterpriseam-uae tag-international-holding-company tag-waha-capital 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\/11\/.59894932-e2ad-4742-83a9-c22116a383f9.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">INTERNATIONAL HOLDING COMPANY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>International Holding Company (<\/strong><strong>IHC) <\/strong><strong>saw its net income reach AED 8.7 bn<\/strong><strong> in <\/strong><strong>3Q 2025, <\/strong>up 53% y-o-y, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/425.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. The group\u2019s revenue climbed 34.6% y-o-y, reaching AED 29.9 bn. For 9M 2025, net income reached AED 19.5 bn, up 8.3% y-o-y, and revenues rose 23.3% y-o-y to AED 84.6 bn. Growth was driven by strong performances across its portfolio, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/426.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a> and a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/427.pdf\" style=\"\" rel=\"noopener\">management discussion and analysis report (pdf)<\/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;\">Breaking down the results: <\/strong><span style=\"background-color: transparent;\">Real estate and construction delivered AED 34.1 bn, up 50.4% y-o-y, driven by projects from Modon and Aldar. Marine and dredging generated AED 21.6 bn as sustained offshore activity boosted results by 11.1% y-o-y. Hospitality and leisure saw a 65.4% y-o-y surge to AED 7.3 bn as the UAE\u2019s tourist industry continued to recover, and services and other segments reached 12.5 bn, up 37.9%, supported by healthcare, industrials, mining, logistics, education and other diversified verticals.<\/span><\/p>\n<p class=\"tag-border-left\">DEYAAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DFM<\/strong><strong>-listed real estate developer Deyaar\u2019s net income saw a 12.9% y-o-y increase <\/strong><strong>to AED 157.8 mn in 3Q 2025<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/360.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Revenues came in at AED 521.5 mn, a 38.6% increase. In 9M 2025, its net income grew 23.7% y-o-y to AED 406.4 mn, while revenues rose 39.1% y-o-y to AED 1.4 bn, underpinned by strong sales across its property development portfolio. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Behind the results: <\/strong>The property development segment contributed the majority of total revenue, generating AED 1.2 bn, up 46.4% y-o-y, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/359.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The company reported a strong balance sheet with total assets reaching AED 7.6 bn during the period, up 12.3% y-o-y, driven by ongoing investments in landbanks and asset quality. Bottom line growth and strong revenue are attributed to its recent developments, including ultra-luxury residential project <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fe657bc9-b2bd-4a23-8bae-b8a52b62c7f1\/a-new-pipe-manufacturing-facility-for-abu-dhabi-from-india%25e2%2580%2599s-jindal-saw\" style=\"\" rel=\"noopener\">Downtown Residences<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bc0c4fd2-6eb2-405f-9062-5198fb4e8593\/mashreq-launches-mashreq-biz,-an-sme-focused-online-banking-platform\" style=\"\" rel=\"noopener\">AYA Beachfront Residences<\/a>, and the final phase of its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/de17f0fa-9294-4a5f-a14d-a5fa9fcb56d0\/silal,-kezad-group-launch-two-agtech-initiatives-in-al-ain-industrial-city\" style=\"\" rel=\"noopener\">AED 1.5 bn residential<\/a> Park Five community in Dubai. <\/p>\n<p class=\"tag-border-left\">ALPHA DATA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IT services firm <\/strong><strong>Alpha <\/strong><strong>Data\u2019s net income rose 16% y-o-y to AED 20.8 mn in 3Q <\/strong><strong>2025<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/409.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a> and a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/408.pdf\" style=\"\" rel=\"noopener\">management discussion and analysis report (pdf)<\/a>. Revenues increased 14.1% y-o-y to AED 537.9 mn in the quarter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a nine-month basis, net income reached AED 97.7 mn<\/strong>, up 12.4% y-o-y. Revenues rose 12.2% y-o-y to AED 1.8 bn. The firm\u2019s three segments all saw robust growth as demand for digital transformation solutions picked up \u2014 with revenues from services up 28% y-o-y, talent up 25% y-o-y, and solutions up 10% y-o-y. The firm continued to expand into KSA, where revenues reached AED 48 mn in 9M 2025 \u2014 a 220% increase y-o-y.<\/p>\n<p class=\"tag-border-left\">WAHA CAPITAL- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Waha <\/strong><strong>Capital\u2019s net income fell 3.8% y-o-y to AED 240.1 mn in 3Q 2025<\/strong>, with quarterly total income dipping to AED 373.2 mn, down from AED 422 mn in 3Q 2024, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/416.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a> and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/418.pdf\" style=\"\" rel=\"noopener\">management discussion and analysis report (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>For 9M 2025, net income attributable to shareholders increased 21.6% y-o-y to AED 343.1 mn<\/strong>, the firm said in a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/417.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Total income reached AED 1.1 bn, up 4% y-o-y. Recurring fee income, mark-to-market gains, portfolio value realization, and industrial real estate monetization were key growth drivers, underpinned by robust cost management and efficiency.<\/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\/alpha-data\/\">Alpha Data<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/deyaar\/\">Deyaar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/international-holding-company\/\">International Holding Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/waha-capital\/\">Waha Capital<\/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=\"109205\" 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=\"109205\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/efg-hermes-taps-christopher-laing-to-lead-equity-capital-markets\/\">\r\n                            EFG Hermes taps Christopher Laing to lead equity capital 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\/11\/06\/efg-hermes-taps-christopher-laing-to-lead-equity-capital-markets\/\" 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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Laing succeeds Ali Khalpey, who recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c0f968bc-7244-485b-8c34-f08e19d70104\/ali%253cmark%253e-khalpey%253c%2Fmark%253e-tapped-to-lead-cantor-fitzgerald%25e2%2580%2599s-middle-east-investment-banking-%2B-capital-markets-business\" style=\"\" rel=\"noopener\">left his role<\/a> to join Cantor Fitzgerald. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Laing has nearly 30 years of capital-markets experience<\/strong><span style=\"background-color: transparent;\">, having held senior roles at Deutsche Bank and HSBC. At Deutsche Bank he led emerging-markets ECM before joining HSBC to head its ECM operations.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/moves\/\">MOVES<\/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=\"109207\" 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=\"109207\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/emaar-plans-another-big-ticket-investment-in-egypt\/\">\r\n                            Emaar plans another big-ticket investment in Egypt                        <\/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\/11\/06\/emaar-plans-another-big-ticket-investment-in-egypt\/\" 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\/11\/06\/emaar-plans-another-big-ticket-investment-in-egypt\/')\">\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\/11\/06\/emaar-plans-another-big-ticket-investment-in-egypt\/\">\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=Emaar plans another big-ticket investment in Egypt&url=https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/emaar-plans-another-big-ticket-investment-in-egypt\/\">\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\/11\/06\/emaar-plans-another-big-ticket-investment-in-egypt\/&title=Emaar plans another big-ticket investment in Egypt\">\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=Emaar+plans+another+big-ticket+investment+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F11%2F06%2Femaar-plans-another-big-ticket-investment-in-egypt%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\/11\/06\/emaar-plans-another-big-ticket-investment-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1378.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109208\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/emaar-plans-another-big-ticket-investment-in-egypt\/1378-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1378.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1378.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1378.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1378.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109207\" class=\"content-area-description single-story post-109207 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-ajman-bank tag-also-on-our-radar tag-artificial-intelligence tag-debt tag-emirates-driving tag-emsteel tag-fintech tag-healthtech tag-logistics tag-mobility tag-multiply-group tag-oil-and-gas tag-petrochemicals tag-real-estate tag-smes tag-space tag-space42 tag-steel 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\/11\/.84b064f6-cb3c-49eb-89c6-6cb0f92d0add.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">REAL ESTATE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emaar Properties\u2019 Egyptian arm Emaar Misr is preparing to launch <\/strong><strong>yet <\/strong><strong>another <\/strong><strong>big ticket development<\/strong>, this time with Saudi Arabia\u2019s Dallah Albaraka under a strategic partnership, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/370.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a> from the EGX30-listed company. The project with Dallah Albaraka\u2019s Samla and Alam Al Roum for Urban Development will require EGP 78 bn \u2014 equivalent to around USD 1.7 bn \u2014 in investments and is expected to bring in returns totalling EGP 117 bn.<\/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 380-feddan project will be in New Cairo\u2019s Kayameya district. <\/strong><span style=\"background-color: transparent;\">Details are still few and far between, but they say the development will feature residential, administrative, and commercial components.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This isn\u2019t even Emaar Misr\u2019s biggest development in the works<\/strong>, with the developer working on a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cf61b428-c1ee-4d32-a298-433546fd47da\/emaar-misr,-citystars-to-develop-a-egp-900-bn-marassi-on-the-red-sea\" style=\"\" rel=\"noopener\">EGP 900 bn integrated tourism complex<\/a> alongside Saudi-owned Citystars Properties called Marassi Red Sea. Earlier in the year, Emaar also partnered with Midar for Investment and Urban Development to launch <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b52167f-7c5f-471d-8bda-1089b05f43d2\/emaar-to-invest-egp-100-bn-setting-up-new-mivida\" style=\"\" rel=\"noopener\">New Mivida<\/a> in New Cairo, an EGP 100 bn residential project that includes nearly 2.9k homes, a school, and a sports club.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT- <\/strong>Emaar\u2019s investment in Egypt now totals EGP 1.9 tn, while its land bank currently stretches some 34.6 mn square metres. The company is now in the process of doubling these figures over the coming years, according to Alabbar.<\/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>Ajmal Steel is working on a second factory expansion: <\/strong>UAE-based tube and pipe manufacturer Ajmal Steel is set to complete the second phase of its factory expansion by next February, the firm\u2019s oil and gas department head Abdullah Al Shammari told <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2025-11-04\/%D8%A3%D8%AC%D9%85%D9%84-%D8%AA%D8%B3%D8%AA%D8%AB%D9%85%D8%B1-400-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D8%B1%D9%87%D9%85-%D9%81%D9%8A-%D8%AA%D9%88%D8%B3%D8%B9%D8%A9-%D9%85%D8%B5%D9%86%D8%B9%D9%87%D8%A7-6159801\/%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\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\" style=\"\" rel=\"noopener\">Al Khaleej<\/a>. The AED 400 mn 100k sqm expansion will increase capacity to over 1 mn tons of steel products, up from its current 750k ton capacity. The expansion will add a new API mill, as it looks to boost line pipe production for oil field operations, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/ajsteels_makeitintheemirates-uae-steelmanufacturing-activity-7381303692521668608-0iB9\/?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAC4SE3MBXGLzyyv9qrsgqeM2zPjei2lcyNs\" style=\"\" rel=\"noopener\">post on LinkedIn<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND-<\/strong> Currently, the firm has two manufacturing facilities in Abu Dhabi, with production going to sectors like oil and gas, water, agriculture, infrastructure, and piling. It exports 60% of production to the US, and also caters to European and GCC markets, Al Shammari said.<\/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>Space42 <\/strong><strong>makes<\/strong><strong> Thuraya 4 satellite globally available: <\/strong>ADX-listed space tech firm Space42 rolled out its mobile communications satellite, Thuraya 4, making it commercially available in South Africa, Botswana, Namibia, Mozambique, and Zambia, according to a <a target=\"_blank\" href=\"https:\/\/space42.ai\/en\/press-release\/2025\/space42-announces-global-availability-of-thuraya-4\" style=\"\" rel=\"noopener\">press release<\/a>. Connection to the satellite is now available in over 100 countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Satellite details:<\/strong> Thuraya 4 is designed for use in sectors like maritime shipping, aviation, and offshore energy \u2014 providing reliable connection and data transfers for mission-critical scenarios in hard-to-reach and remote locations. The satellite can connect with terrestrial networks, smartphones, and IoT devices. <\/p>\n<p class=\"tag-border-left\">MOBILITY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>7X<\/strong><strong> + Zelostech launch autonomous logistics vehicles JV: <\/strong>Dubai-based, logistics-focused investment firm 7X has launched AutoLogix Smarttech \u2014 a joint venture (JV) with Singapore-based autonomous vehicle specialist Zelostech, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/7x-and-zelostech-launch-autologix-to-usher-in-a-new-era-of-autonomous-transportation-in-middle-east-region-q7bdszcp\" style=\"\" rel=\"noopener\">press release<\/a>. The JV aims to create an integrated logistics ecosystem leveraging Level 4 autonomous vehicles to transport goods between logistics hubs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Phase one <\/strong>will see AutoLogix deploy driverless Level 4 vehicles to support the delivery operations of 7X\u2019s logistics arm EMX. Expansion plans will target the GCC and wider Middle East region, with offerings including last-mile delivery, mobile smart locker networks, and air freight integration.<\/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>Ajman <\/strong><strong>Bank to finance part of EDC\u2019s stake in Mwasalat: <\/strong>Ajman Bank inked an MoU with Multiply Group\u2019s subsidiary Emirates Driving Co. (EDC) to finance part of its acquisition of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0f921f8c-285f-4041-8f40-25e8c2d39bb8\/multiply-subsidiary-emirates-driving-company-is-acquiring-a-stake-in-fleet-operator-mwasalat-holding\" style=\"\" rel=\"noopener\">22.5% stake in Mwasalat Holdings<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/ajman-bank-partners-with-emirates-driving-company-to-finance-strategic-stake-in-mwasalat-holdings-wncut2ku\" style=\"\" rel=\"noopener\">press release<\/a>. It will also provide liquidity and risk management, and retail banking options.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The acquisition was completed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3d9edaf8-dcfa-4f7c-b311-adb390c7ddf9\/china%25e2%2580%2599s-lianhe-sowell-to-build-robotics-facility-in-uae-%2B-amazon-introduces-15-minute-delivery-service-in-uae\" style=\"\" rel=\"noopener\">last month<\/a>, and included an option for EDC to increase its shareholding value to 50.6%. The transaction, still pending regulatory approval and conditions, comes as EDC looks to expand its public transport services, having acquired 51% in Excellence Premier Investment <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6b097cc9-51f2-474c-b75e-dd5946ee2260\/%253cmark%253eemirates-driving%253c%2Fmark%253e-acquires-majority-stake-in-excellence-driving-center-owner\" style=\"\" rel=\"noopener\">last year<\/a>.<\/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>M42 <\/strong><strong>launches 10XReviv, combining AI + genetics for personalized health solutions<\/strong><strong>: <\/strong>Mubadala-backed healthtech firm M42 partnered with US-based 10X Health and UK-based Reviv Global to launch 10XReviv, a precision health venture targeting the MENA region, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmkc5zy-m42-10x-health-reviv-global-partner-launch\" style=\"\" rel=\"noopener\">Wam<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More on the platform: <\/strong>The collaboration will see the rollout of a precision nutrition system which uses genetic insights and blood biomarkers to give a digital health report and recommend personalized micronutrient supplements. The system can analyze up to 20 mn genetic variations with a 99.97% accuracy rate. The two will also set up a clinic to conduct trials examining the impact of IV nutrition on type 2 diabetes.<\/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\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/artificial-intelligence\/\">artificial intelligence<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/smes\/\">SMEs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/space\/\">space<\/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\/steel\/\">Steel<\/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=\"109209\" 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=\"109209\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/the-decentralized-finance-market-faces-mounting-cyber-threats\/\">\r\n                            The decentralized finance market faces mounting cyber threats                        <\/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 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\r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/the-decentralized-finance-market-faces-mounting-cyber-threats\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/458.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109210\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/06\/the-decentralized-finance-market-faces-mounting-cyber-threats\/458-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/458.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"458.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/458.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/458.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109209\" class=\"content-area-description single-story post-109209 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-cryptocurrency tag-cybersecurity tag-enterpriseam-uae tag-financial-markets tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.d94ff1a6-3222-477b-9fc1-9383b1410d55.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The USD 150 bn decentralized finance (DeFi) market is facing a mounting <\/strong><strong>security crisis as hackers increasingly target vulnerabilities in blockchain-based platforms<\/strong>, Chainalysis CEO Jonathan Levin told the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/70faf2ae-8279-49cd-97c1-20654d935be8\" style=\"\" rel=\"noopener\">Financial Times<\/a>. The head of the world\u2019s largest crypto-tracing firm warned that security \u201chasn\u2019t really been considered\u201d by the startups driving DeFi\u2019s explosive growth \u2014 leaving bns of USD in digital assets exposed to attacks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">DeFi platforms are prioritizing growth over safety<\/strong><span style=\"background-color: transparent;\">, with the industry mostly made up of small, fast-moving teams without professional oversight or experienced security officers, leaving them open to exploitation, according to Levin. These platforms, which let users lend, borrow, and trade crypto without intermediaries, have become multi-bn USD ventures backed by major investors. But despite their growing scale, they remain highly exposed to attacks due to their reliance on complex smart contracts and decentralized governance.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Security breaches have intensified this year. <\/strong>Earlier this week, hackers drained over USD 100 mn from DeFi protocol Balancer, while another USD 200 mn was stolen from the Cetus Protocol earlier in 2025. Chainalysis data shows that crypto thefts hit a record USD 2.2 bn in the first half of the year \u2014 already exceeding all of 2024 \u2014 with North Korean-linked groups responsible for the largest-ever heist, a USD 1.5 bn theft from exchange Bybit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The growing frequency of attacks underscores how DeFi\u2019s expansion has created easy <\/strong><strong>targets for cybercriminals.<\/strong> Levin warned that major decentralized protocols could face increasing threats from state-sponsored actors if security continues to be overlooked. Levin said the company\u2019s focus remains on tackling DeFi\u2019s structural vulnerabilities, stressing that the risks embedded in onchain systems and smart contracts must be addressed before the next major breach hits.<\/p>\n<p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are in the green in early trading this morning<\/strong> with strong earnings drawing investors back after elevated valuations left them spooked. The Hang Seng is leading gains, up 1.3%, with Japan\u2019s Nikkei trailing behind. The Shanghai Composite and Kospi are also in the green. <\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,015<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.4% (YTD: +6.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,992<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: +16.1%)<\/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>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\">4,837<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.1% (YTD: +16.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-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\">3.7% 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-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>Tadawul <\/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\">11,257<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.2% (YTD: -6.5%)<\/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>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\">39,132<\/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: +31.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P 500 <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,796<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.4% (YTD: +15.6%)<\/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>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\">9,777<\/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: +19.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,669<\/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: +15.8%)<\/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>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 63.52<\/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%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas (Nymex) <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 4.26<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.7%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3,987<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 103,466<\/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\">+2.9% (YTD: +10.6%)<\/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>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 3.8<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +9.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P MENA Bond &amp; Sukuk 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\">152.04<\/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: +8.7%)<\/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>VIX (Volatility Index)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">18.01<\/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\">-5.2% (YTD: +3.8%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADX fell 0.4% yesterday<\/strong> on turnover of AED 1.0 bn. The index is up 6.3% 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>Hayah Ins. Company (+2.7%), Hily Holding (+2.0%) and Apex Investment (+1.8%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Gulf Medical Projects Company (-3.4%), Abu Dhabi National Hotels Co. (-3.3%) and NMDC Group (-3.2%). <\/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>, fell 0.3% on turnover of AED 631.8 mn. Meanwhile, Nasdaq Dubai was down 1.1%.<\/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\/cryptocurrency\/\">cryptocurrency<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/cybersecurity\/\">Cybersecurity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109211\" 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\/11\/06\/109211-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109211\" class=\"content-area-description single-story post-109211 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;\">NOVEMBER  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29 October-19 November (Wednesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/adisummit.ae\/\" style=\"\">Abu Dhabi Infrastructure Summit (ADIS)<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2-6 November (Sunday-Thursday): Institutional bookbuilding period for Almasar Education\u2019s IPO on Tadawul.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-6 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/visit\/registration\/?actioncode=DIGI31&utm_source=google-search&utm_medium=cpc&utm_campaign=ADIPEC+Visprom+Branded+Africa+RN+Search+Paid+2025&utm_term=adipec%202025&gad_source=1&gad_campaignid=22235913526&gbraid=0AAAAADok8FYhj1gYfwn301kha6cYxxUkB&gclid=Cj0KCQjw9obIBhCAARIsAGHm1mSz3kaT0veF2_JO1UvEmFMoLJFq3zMqHthhP1rwkrx7YUQZIThWmM8aAj1yEALw_wcB\" style=\"\">Adipec<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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>4-6 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gulfoodmanufacturing.com\/\" style=\"\">Gulfood Manufacturing<\/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>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>10<\/span><span>-11 November (Monday-Tuesday): The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bmkc5u1-cairo-host-egyptian-gulf-trade-investment-forum\" style=\"\">Egypt-Gulf Cooperation Council (GCC) Trade and Investment Forum<\/a><\/span><span style=\"font-weight:400;\">, Cairo.<\/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 style=\"font-weight:400;\">10-11 November (Monday-Tuesday) Future Cities Week, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-12 (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wtprocessandmachinery.com\/middle-east\" style=\"\">World Tobacco Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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=1762401906974471&usg=AOvVaw2ufhQy7YVIC0Wgv7kDtlim\" 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>14 November (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/adxcworld.com\/\" style=\"\">Abu Dhabi Extreme Championship<\/a><\/span><span style=\"font-weight:400;\">, Al Ain Region, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 November (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/myplantgardenme.com\/\" style=\"\">Myplant & Garden Middle East Green Expo<\/a><\/span><span style=\"font-weight:400;\">, Dubai Exhibition 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>17-18 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/mining-show\/index.stm\" style=\"\">The Mining Show<\/a><\/span><span style=\"font-weight:400;\">, Za'abeel Halls, 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>17-19 November (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/organicandnatural.com\/\" style=\"\">Middle East Organic & Natural Products Expo<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span 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>18-19 November (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.foodsafetydubai.com\/\" style=\"\">Dubai International Food Safety Conference (DIFSC)<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">18-20 November (Tuesday-Thursday): Retail subscription period for Almasar Education\u2019s IPO on Tadawul.<\/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:\/\/mbrf.ae\/knowledgesummit\/\" style=\"\">Knowledge Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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>24-27 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.liveablecitiesx.com\/\" style=\"\">LiveableCities X<\/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>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-HKMA 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 style=\"font-weight:400;\">26 November (Wednesday): Final allocations for Almasar Education\u2019s IPO on Tadawul.<\/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>3-4 December (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.binanceblockchainweek.com\/event\/f9827cbe-16f8-478a-bc06-f4e8b783ae54\/Home-BBW\" style=\"\">Binance Blockchain Week<\/a><\/span><span style=\"font-weight:400;\">, Coca-Cola Arena, Dubai.<\/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 Center, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-9 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;\">, ADGM, 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>10 December (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/roscongress.org\/events\/rossiysko-emiratskiy-biznes-forum\/about\/\" style=\"\">UAE-Russia Business Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-15 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>12-15 January (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dipmf.ae\/en\/\" style=\"\">Dubai International Project Management Forum<\/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>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>31 January - 7 February (Saturday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abu-dhabi.platinumlist.net\/event-tickets\/mubadala-abu-dhabi-open?utm_source=Google&utm_medium=P-Max&utm_campaign=MADO2026-PMax-Conversion&gad_source=1&gad_campaignid=23138933896&gbraid=0AAAAAqSmmAEtRc4Im65PSU2vo--3YbKzh&gclid=CjwKCAjwgeLHBhBuEiwAL5gNEcmIDto53W6gHSmaL-f0vIhZZ7YXPJCKOOjQqUyhhzVAF6LaZUmGBBoCf7EQAvD_BwE\" style=\"\">Mubadala Abu Dhabi Open<\/a><\/span><span style=\"font-weight:400;\">, International Tennis Center, Zayed Sports City.<\/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>7-9 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adghw.com\/\" style=\"\">Future Health 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>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>21-23 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.uitpsummit.org\/dubai2026\/\" style=\"\">UITP Public Transport 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;\">MAY 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;\">19-20 May (Tuesday-Wednesday): Capital Market Summit, 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: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 2027-2029:<\/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>Masdar buys into OMV\u2019s hydrogen project | Adnoc Drilling acquires stake in MBPS | Arcius takes over Egypt\u2019s Harmattan gas field<\/p>\n","protected":false},"featured_media":109183,"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-109182","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2f053f92-0e80-4ea6-b7a0-e07978858498","teaser":"Masdar buys into OMV\u2019s hydrogen project | Adnoc Drilling acquires stake in MBPS | Arcius takes over Egypt\u2019s Harmattan gas field","photo_url":"https:\/\/ent.news\/2025\/11\/456.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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