{"id":109508,"date":"2025-11-17T00:00:00","date_gmt":"2025-11-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=109508"},"modified":"2025-12-15T05:33:49","modified_gmt":"2025-12-15T05:33:49","slug":"adnocs-covestro-takeover-passes-major-hurdle","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/adnocs-covestro-takeover-passes-major-hurdle\/","title":{"rendered":"Adnoc\u2019s Covestro takeover passes major hurdle"},"content":{"rendered":"<section id=\"109510\" 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=\"109510\">\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\/17\/adia-considers-selling-down-ooreedoo-stake\/\">\r\n                            THIS MORNING: Adia considers selling down Ooreedoo stake                        <\/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\/17\/adia-considers-selling-down-ooreedoo-stake\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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selling down Ooreedoo stake&url=https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/adia-considers-selling-down-ooreedoo-stake\/\">\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\/17\/adia-considers-selling-down-ooreedoo-stake\/&title=Adia considers selling down Ooreedoo stake\">\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 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data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/adia-considers-selling-down-ooreedoo-stake\/1121-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1121.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1121.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1121.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1121.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109510\" class=\"content-area-description single-story post-109510 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-abu-dhabi-investment-authority tag-boeing tag-dp-world tag-dubai-international-financial-center tag-economy tag-egypt tag-emirates-nbd tag-enterpriseam-uae tag-ghitha-holding tag-logistics tag-multiply-group tag-ooredoo tag-roads-and-transport-authority tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.67e21dee-01c9-4f30-aa42-88bddc70d67f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends.<\/strong> It\u2019s a reasonably busy start to a new week as earnings season continues (albeit at a much calmer pace) and a handful of major M&A transactions move forward. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY here at home<\/strong> is Adnoc\u2019s planned EUR 14.7 bn acquisition of Covestro getting conditional approval from the European Commission, marking a big step forward in the process. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO IN THIS MORNING\u2019S NEWS WELL-<\/strong> Dubai Islamic Bank took its first sustainability-linked issuance to market, raising USD 1 bn from the notes, while the latest data from Savills shows a busy quarter for Abu Dhabi real estate. <\/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- T<\/strong><strong>he Ab<\/strong><strong>u Dhabi Investment Authority (Adia) is reportedly mulling selling part of its stake<\/strong> <strong>in Qatari telecom operator <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ooredoo.com\/\" style=\"\" rel=\"noopener\">Ooredoo<\/a><\/strong>, sources familiar with the matter told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-15\/abu-dhabi-wealth-fund-said-to-mull-partial-sale-in-qatari-telco\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. The fund is reportedly weighing a transaction that could raise USD 500-600 mn from a partial sell-down of its 10% holding, currently valued at about USD 1.3 bn, the source said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More on Ooredoo:<\/strong> The telco\u2019s shares are up 24% YTD and the company brought in normalized net income of USD 843 mn during 9M 2025 \u2014 up 6% y-o-y and leading it to raise its dividend target. Its largest shareholder is the Qatar Investment Authority, which holds 53%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adia\u2019s been divesting across its international portfolio\u2026:<\/strong> The fund <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4e4abd45-f3a9-4526-aa40-e43d476ab691\/%253cmark%253eadia%253c%2Fmark%253e-%2B-landmark-sell-their-us-student-housing-portfolio-for-over-usd-1-bn\" style=\"\" rel=\"noopener\">sold<\/a> an eight-property US student housing portfolio with Landmark Properties for USD 1 bn, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/87ad6007-538d-4ae2-8d3c-5b103c949937\/%253cmark%253eadia%253c%2Fmark%253e-buys-into-india-based-rbl-bank,-ahead-of-emirates-nbd%25e2%2580%2599s-open-offer-for-the-indian-bank%25e2%2580%2599s-public-share-%2B-sells-stake-in-singapore%25e2%2580%2599s-plq-mall\" style=\"\" rel=\"noopener\">offloaded<\/a> its 70% stake in Singapore\u2019s PLQ Mall, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6f67a6a6-7d13-401b-8cba-046d01c097f0\/waha-capital-pockets-usd-119-from-optasia-exit-%2B%253cmark%253e-adia%253c%2Fmark%253e-divests-stake-in-ayvens-as-part-of-a-consortium\" style=\"\" rel=\"noopener\">divested<\/a> its stake in French car-leasing firm Ayvens, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1fb87710-d618-4250-9d02-bf8f91e69412\/masdar-led-consortium-raises-offer-to-take-india%25e2%2580%2599s-renew-energy-global-private\" style=\"\" rel=\"noopener\">trimmed<\/a> its stake in Swiss skincare firm Galderma. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026 and pivoting towards Indian IPOs + hedge funds:<\/strong> Adia\u2019s expansion in India this year includes backing automotive component maker <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4e4abd45-f3a9-4526-aa40-e43d476ab691\/adia-%2B-landmark-sell-their-us-student-housing-portfolio-for-over-usd-1-bn\" style=\"\" rel=\"noopener\">Tenneco Clean Air India<\/a>, solar manufacturer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d26ed702-eefd-4156-a81d-5071ddd1bcdb\/%253cmark%253eadia%253c%2Fmark%253e-backs-yet-another-indian-ipo\" style=\"\" rel=\"noopener\">Emmvee Photovoltaic Power<\/a>, digital stockbroker <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5dcdb48a-62be-45c5-a109-55b212e443d0\/%253cmark%253eadia%253c%2Fmark%253e-backs-the-ipo-of-indian-digital-stockbroker-groww\" style=\"\" rel=\"noopener\">Groww<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a9b71e1d-d3e7-4379-90a6-ca55f51fef14\/this-morning:-dib-eyes-debut-s-linked-sukuk-%2B-multiple-shareholders-sign-off-on-2pointzero,-ghitha-merger\" style=\"\" rel=\"noopener\">Lenskart<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9ff069bf-285d-441e-b1b9-525f7fd92dbd\/this-morning:-adnoc-submits-concessions-to-secure-covestro-acquisition-%2B-adia-locks-in-shares-in-lg-india%25e2%2580%2599s-ipo\" style=\"\" rel=\"noopener\">LG\u2019s India unit<\/a>, EV maker <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5398f7f1-17e4-4246-ac52-cd569c831040\" style=\"\" rel=\"noopener\">Ather Energy<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/82fb2c82-4102-434e-a29c-886a903c44ee\/mubadala-pours-more-capital-into-cityfibre-and-pci-pharma-services\" style=\"\" rel=\"noopener\">Anthem Bioscience\u2019s IPO<\/a>. It has also poured <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a3a599c1-f363-47e6-90ff-404c5648d617\/this-morning:-fab,-adcb-eye-significant-risk-transfers-ahead-of-new-capital-buffer-requirements-%2B-g42-denies-claims-of-ties-to-huawei,-chinese-missiles\" style=\"\" rel=\"noopener\">USD 40 bn<\/a> into dozens of hedge funds this year by increasing its use of separately managed accounts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2- <\/strong><strong>Airbus<\/strong><strong> vs Boeing showdown for flydubai jet order:<\/strong> Separate reports from <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-14\/boeing-leads-for-300-jet-dubai-order-though-airbus-still-in-play?embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/airbus-win-bulk-major-flydubai-jet-order-sources-say-2025-11-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> suggested that Airbus and Boeing are both in the lead to land the majority of an order for as many as 300 jets from flydubai. Bloomberg had first reported that the budget airline is slated to tap Boeing for the order, with Reuters reporting hours later that Airbus \u201clooks set to beat Boeing,\u201d with insider sources. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Flydubai<\/strong><strong> is expected to announce the order, consisting of 200 narrow-body planes with <\/strong><strong>an option for 100 more, at this week\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dubaiairshow.aero\/en\/dubai-airshow-registration.html?utm_source=google&utm_medium=paid-search&utm_campaign=visprom_branded&gad_source=1&gad_campaignid=20312210381&gbraid=0AAAAADM5AVqBemJKzV9FgzKrMxvDoO_8K&gclid=Cj0KCQiAiebIBhDmARIsAE8PGNJ8KNqPPdrLtaE9sfACn13EWzbK8XRl_1EJRNgD-ESsdL4JX1bEcjgaAn96EALw_wcB\" style=\"\" rel=\"noopener\">Dubai Airshow<\/a><\/strong><strong>.<\/strong> At present, the airline only operates Boeing aircraft, but delays in 737 deliveries have prompted it to explore other options, sources told the news outlet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The US Federal Aviation Administration authorized Boeing to ramp up 737 Max production to 42 jets per month <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9addd9b2-9407-421e-bd88-5d999808b362\/faa-greenlights%253cmark%253e-boeing-737%253c%2Fmark%253e-max-production-hike\" style=\"\" rel=\"noopener\">starting<\/a> November. The model has been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/95bf2e45-5865-426c-ac5e-328920e14627\/today:-egypt%25e2%2580%2599s-ports-score-across-wb%25e2%2580%2599s-leaderboard-%2B-uae-as-a-hotspot-for--trade-corridors\" style=\"\" rel=\"noopener\">under scrutiny<\/a> due to safety concerns since Alaska Air technicians found <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5d033fa3-b9cd-4480-8e5d-a9c3527209a2\/boeing-continues-to-grapple-with-the-fallout-after-the-alaska-air-incident\" style=\"\" rel=\"noopener\">loose hardware<\/a> in the door plug area on several Boeing 737 Max 9 planes.<\/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><a id=\"wwtt3\"><\/a> <\/strong><strong>DP World in talks to b<\/strong><strong>uild dry port in Egypt:<\/strong> UAE port operator DP World is in negotiations with Egypt\u2019s Transport Ministry to secure development and operating rights for the Sadat dry port, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/11\/16\/1929273\" style=\"\" rel=\"noopener\">Al Borsa<\/a> quotes Egypt\u2019s General Authority for Land and Dry Ports head Sayed Metwally as saying. The ministry is currently reviewing DP World\u2019s feasibility studies, he said, without disclosing the port\u2019s cost. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3a3c3c58-e35e-44f3-a02d-a996693a23f3\/the-third-usd-820-mn-from-the-imf-to-arrive-in-the-nation%25e2%2580%2599s-coffers-within-days\" style=\"\" rel=\"noopener\">Unconfirmed reports<\/a> had previously put the expected investment cost at USD 160 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP World is also eyeing the Shaq El Tebaan dry port in Cairo<\/strong>, trying to secure the contract to develop and operate the 125-feddan, USD 100 mn port, Metwally said. Earlier this year, the Transport Ministry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e5eb41d0-49ec-46bc-8a10-9dc7fe04ffc5\/what%25e2%2580%2599s-the-value-of-downtown-cairo-real-estate-assets%3F\" style=\"\" rel=\"noopener\">scrapped<\/a> the port\u2019s tender after none of the three bidders met technical requirements. At the time it was reported the authority will instead relaunch the project through a closed-envelope auction, with technical bids due next January and financial offers the following month.<\/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>Emirati<\/strong><strong> real estate developer and contractor Arkan is stepping into the Egyptian <\/strong><strong>market<\/strong> with plans to invest more than EGP 10 bn through a new vehicle \u2014 called SLCITI \u2014 in the first phase of its expansion, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/arkan-launches-new-entity-slciti-to-strengthen-its-investment-presence-in-the-egyptian-market-vll5i59b\" style=\"\" rel=\"noopener\">press release<\/a>. SLCITI will focus on studying the local market using big data and AI tools to track demand, assess potential investments, and support Arkan\u2019s plans to develop a diversified portfolio.<\/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><a id=\"wwtt4\"><\/a> <\/strong><strong>Abu Dhabi creates new vehicle category for modular smart units: <\/strong>Abu Dhabi has become the first city to formally classify modular, reconfigurable vehicles as a distinct road-vehicle category, the Integrated Transport Center said, according to <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/transport\/under-supervision-of-smart-and-autonomous-systems-council-integrated-transport-centre-abu-dhabi-mobility-recognises-modular-smart-vehicles-as-new-road-category-in-global-1st-for-emirate\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. A pilot will launch on Yas Island with Emirates Driving Company, Liftango, and Paradigma Innovation Hub to assess how the vehicles could fit into future autonomous and smart-mobility systems.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART- <\/strong>Developed by Next Modular Vehicles, the vehicles can connect or detach units based on demand, with studies and trials indicating potential gains in traffic efficiency and emissions.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong>DIFC named among rising global business districts: <\/strong>Dubai International Financial Center (DIFC) ranked 21st out of 30 business districts in the <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1129.pdf\" style=\"\" rel=\"noopener\">2025 EY-ULI Global Business Districts Attractiveness Report (pdf)<\/a>, which benchmarked hubs across 19 countries using 2.4k data points. The report highlights DIFC as one of the fastest-advancing districts, citing its second-place global ranking for macroeconomic conditions and grouping it with emerging regional contenders like Riyadh\u2019s King Abdullah Financial District.<\/p>\n<p class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu <\/strong><strong>Dhabi\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/admobility.gov.ae\/\" style=\"\" rel=\"noopener\">Integrated Transport Center<\/a><\/strong><strong> launched a new electric ART bus route<\/strong>, AR2 \u2014 a nearly 27-km route connecting key cultural landmarks on Saadiyat Island, including Louvre Abu Dhabi, teamLab Phenomena, and Saadiyat Walk, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/uae\/abu-dhabi-launches-electric-art-bus-route-to-connect-saadiyat-islands-cultural-landmarks-1.500348077\" style=\"\" rel=\"noopener\">Gulf<\/a><a target=\"_blank\" href=\"https:\/\/gulfnews.com\/uae\/abu-dhabi-launches-electric-art-bus-route-to-connect-saadiyat-islands-cultural-landmarks-1.500348077\" style=\"\" rel=\"noopener\">News<\/a> reports. The service kicks off today and will operate daily between 8am-10pm at 30-minute intervals.<\/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>A UAE delegation will visit<\/strong><strong> Singapore and India starting today until Friday, 21 November<\/strong> to boost bilateral trade and explore new sustainable development investments, <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/abu-dhabi-department-of-economic-development-to-lead-high-level-economic-delegation-to-singapore-and-india\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a> reports. The delegation will meet with policymakers, investors, and business leaders in both countries to strengthen partnerships across sectors like AI, agritech, healthcare and life sciences, renewable energy, advanced technology, financial services, manufacturing, and logistics. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>South<\/strong><strong> Korea\u2019s President Lee Jae Myung begins his three-day state visit to the UAE today<\/strong>, holding talks with President Mohamed bin Zayed Al Nahyan to strengthen cooperation in investment, defense, energy, advanced technologies, and healthcare, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/economics\/107043\/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%83%D9%88%D8%B1%D9%8A-%D9%84%D9%8A-%D8%AC%D8%A7%D9%8A-%D9%8A%D8%B2%D9%88%D8%B1-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D9%88%D9%85%D8%B5%D8%B1-%D8%A7%D9%84%D8%A3%D8%B3%D8%A8%D9%88%D8%B9-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports. The visit builds on existing relationships spanning politics, economy, nuclear cooperation, climate change, cybersecurity, food security, defense, healthcare, culture, government administration, and space.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.amf.org.ae\/en\/webform\/mena-leaders-summit-financial-inclusion-2025-and-twenty-ninth-meeting-regional-working\" style=\"\" rel=\"noopener\">MENA Leaders\u2019 Summit on Financial Inclusion<\/a><\/strong><strong> is happening today and tomorrow <\/strong>at The St. Regis Abu Dhabi Corniche, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1042.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The two-day summit will convene ministers, central bank governors, fintech CEOs, and international organizations such as the OECD to discuss innovation and financial inclusion across the region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Central Bank of the UAE will also launch its national strategy for financial inclusion<\/strong> during the event, according to the release. Expect lots of talk around digital financial services, women\u2019s economic empowerment, financial literacy, consumer protection, and policies to promote a sustainable financial ecosystem.<\/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>Canadian Prime Minister Mark Carney will be in Abu Dhabi from tomorrow for a <\/strong><strong>working visit<\/strong> focusing on attracting new investments and trade partnerships, and expanding the trade and economic partnership in areas like energy, agriculture, infrastructure, and AI, according to a <a target=\"_blank\" href=\"https:\/\/www.pm.gc.ca\/en\/news\/news-releases\/2025\/11\/12\/prime-minister-carney-visit-uae-and-attend-g20-leaders-summit\" style=\"\" rel=\"noopener\">statement<\/a>. The PM will meet with business execs to attract investments to build out Canada\u2019s export infrastructure and boost access for Canadian exporters. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/shf.sharjahtourism.ae\/SITTF\/\" style=\"\" rel=\"noopener\">Sharjah International Travel and Tourism Forum<\/a><\/strong><strong> takes place on Wednesday<\/strong> at Al Jawaher Reception and Convention Center. The forum will gather senior government officials, international experts, and tourism, travel, and tech industry players to explore future trends in the tourism sector. <\/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\">Have you checked out EnterpriseAM MENA <> India? It's our newest briefing tracking one of the world's most dynamic trade, investment, and cultural corridors. Every Monday, Wednesday, and Friday, we'll track the transactions, trends, and market moves connecting these two dynamic regions. The flow of capital, talent, and trade between MENA and the Indian subcontinent is one of the most important economic stories in the world \u2014 and we\u2019re telling as only we can.<\/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, subscribe to EnterpriseAM MENA <> India by tapping <strong><a target=\"_blank\" href=\"https:\/\/sub.ent.news\/mena-india\" style=\"\" rel=\"noopener\">here<\/a><\/strong> to get the strategic intelligence you need.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/sub.ent.news\/mena-india\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/412.jpg?ssl=1\"\/><\/a> <\/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\">\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>The notorious Epstein files are dominating what\u2019s otherwise a calm day in the <\/strong><strong>international press<\/strong>. The divide is intensifying over whether to release the files related to the trafficking investigation into disgraced financier Jeffrey Epstein, with calls for full disclosure reportedly gaining more and more ground in the House despite resistance from President Trump and GOP leaders.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The renewed split comes after a House committee released some 20k new pages from <\/strong><strong>the files last week<\/strong>, containing mentions and correspondence with several prominent figures including Trump. The President retaliated by directing the Justice Department to open an investigation into Epstein\u2019s ties with Democrats, a move that some say fanned the flames even further. (<a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/politics\/2025\/11\/16\/house-epstein-discharge-petition-trump\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/epstein-files-house-sex-trafficking-investigation-c46716743f6f65f2f3b74906365da58b\" style=\"\" rel=\"noopener\">Associated Press<\/a> | <a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/11\/16\/2025\/divisions-widen-on-us-right-over-jeffrey-epstein-files\" style=\"\" rel=\"noopener\">Semafor<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- Bitcoin is reminding everyone just how volatile cryptocurrencies are<\/strong>, erasing more than 30% in YTD gains only a month after reaching an all-time high. The top cryptocurrency fell below the USD 94k mark yesterday, before paring back losses to trade at USD 94.9k. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-16\/bitcoin-erases-this-year-s-gain-as-crypto-bear-market-deepens\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/bitcoin-falls-nearly-2-93684-2025-11-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH READING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Massive protests are hitting Mexico<\/strong> over corruption and organized crime. (<a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/11\/16\/2025\/massive-protests-hit-mexico\" style=\"\" rel=\"noopener\">Semafor<\/a>)<\/li>\n<li><strong>In defense of junior staff:<\/strong> Why replacing young people with AI could spark a \u201ctalent doom cycle.\u201d (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/11\/16\/why-replacing-junior-staff-with-ai-will-backfire-.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/li>\n<\/ul>\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 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        <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/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\/17\/adnoc-clinches-long-awaited-eu-approval-for-covestro-takeover\/\">\r\n                            Adnoc clinches long-awaited EU approval for Covestro takeover                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2370.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109514\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/adnoc-clinches-long-awaited-eu-approval-for-covestro-takeover\/2370-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2370.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2370.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2370.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2370.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109513\" class=\"content-area-description single-story post-109513 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-adnoc tag-covestro tag-enterpriseam-uae tag-ma tag-ma-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.43b785d8-a1f7-4dc7-a28e-2e08212fe1a8.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Adnoc secu<\/strong><strong>red conditional approval from the European Commission for its planned EUR<\/strong><strong> 14.7 bn acquisition of Germany\u2019s Covestro<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1155.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> by the regulator, clearing a major hurdle to what would be the largest Gulf-led buyout of a European-listed company. The green light is dependent on both Adnoc and Covestro sticking to commitments they made. The news was also picked up by <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/adnocs-covestro-deal-gets-conditional-european-commission-greenlight-2025-11-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>The sign-off, which came well ahead of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a101f821-0a40-4b7d-a120-5a0c5360b1ce\/this-morning:-ihc-is-not-looking-to-sell-a-stake-in-aldar-%2B-adnoc-eyes-expansion-abroad-through-adnoc-distribution,-aiq\" style=\"\" rel=\"noopener\">March 2026 deadline<\/a>, follows months of scrutiny after Brussels opened an in-depth probe under its Foreign Subsidies Regulation in September, warning that state-backed support, including an unlimited state guarantee, a planned capital injection, and tax benefits, could distort market competition.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not without a couple of tweaks: <\/strong>The energy giant <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9ff069bf-285d-441e-b1b9-525f7fd92dbd\/this-morning:-adnoc-submits-concessions-to-secure%253cmark%253e-covestro%253c%2Fmark%253e-acquisition-%2B-adia-locks-in-shares-in-lg-india%25e2%2580%2599s-ipo\" style=\"\" rel=\"noopener\">agreed to scrap<\/a> the unlimited state backing by amending its articles of association and to license Covestro\u2019s sustainability patents to European competitors for 10 years. EU competition chief Teresa Ribera said the commitments \u201ceffectively address the [possible] negative effects\u201d by keeping key technologies accessible for industry peers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next:<\/strong> The approval, also valid for a decade and monitored by an independent trustee, allows Adnoc to move ahead with final national-level clearances in Germany. Once completed, the transaction would bring Covestro under Adnoc\u2019s XRG investment arm, broadening Abu Dhabi\u2019s international footprint in chemicals and advanced materials. Covestro had guided for the transaction to close <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/564dd9e0-994e-411c-9b7d-12db659e5920\/this-morning:-adnoc-could-close%253cmark%253e-covestro%253c%2Fmark%253e-acquisition-before-early-december-%2B-dmcc-to-develop-new-financial-center\" style=\"\" rel=\"noopener\">before 2 December<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>The move fits into a broader Gulf drive to deploy hydrocarbon wealth into global LNG and chemicals assets, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-14\/adnoc-s-12-billion-covestro-deal-wins-conditional-eu-approval\" style=\"\" rel=\"noopener\">Bloomberg<\/a> wrote. Adnoc and Saudi Aramco have been locking in LNG supply contracts to build out their trading arms, while QatarEnergy is expanding stakes in export and receiving terminals worldwide. Gulf producers are betting that long-term demand for natural gas and industrial polymers will remain resilient as inputs for power, plastics, packaging, and lightweight materials used in electronics and autos.<\/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\">IN OTHER M&A NEWS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>T<\/strong><strong>he<\/strong> <strong>2PointZero-Ghitha-Multiply merger is nearly across the finish line:<\/strong> Multiply completed the takeover of shares <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/82ad7cfa-51e3-4fcb-ad0e-8b2423cc980a\/multiply-to-acquire-2pointzero-and-ghitha-in-share-swap,-creating-aed-120-bn-entity\" style=\"\" rel=\"noopener\">in Ghitha Holding and all of 2PointZero<\/a>, according to three separate bourse disclosures <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1185.pdf\" style=\"\" rel=\"noopener\">here (pdf)<\/a>, <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1165.pdf\" style=\"\" rel=\"noopener\">here (pdf)<\/a>, and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1166.pdf\" style=\"\" rel=\"noopener\">here (pdf)<\/a>, folding a cluster of IHC-linked assets under its umbrella. The group is now finalizing a capital increase to issue new shares to the sellers, and the transaction will be fully reflected in the market once the consolidated entity is listed and the new ownership structure is disclosed. This comes a little under a week after parent firm International Holding Company\u2019s (IHC) shareholders <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d94fbc3f-6e0a-4466-8238-3c475d10b7ff\/ihc-shareholders-approve%253cmark%253e-multiply%253c%2Fmark%253e-ghitha-2pointzero-merger,-appoint-leadership-for-post-merger-aed-120-bn-firm\" style=\"\" rel=\"noopener\">signed off on the merger<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Transaction mechanism:<\/strong> The plan saw Multiply acquire 83.52% of Ghitha from IHC Food Holding, 0.41% from IHC Companies Management (good for roughly 202.8 mn shares in total), and IHC Capital\u2019s stake in 2PointZero through a share-swap. Multiply\u2019s shareholders had already signed off on the move, which involves lifting the company\u2019s share capital to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a9b71e1d-d3e7-4379-90a6-ca55f51fef14\/this-morning:-dib-eyes-debut-s-linked-sukuk-%2B-multiple-shareholders-sign-off-on-2pointzero,-ghitha-merger\" style=\"\" rel=\"noopener\">AED 8.6 bn<\/a> from AED 2.8 bn and issuing 23.36 bn new shares to complete the transfers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The combined entity is set to operate under the 2PointZero Group name<\/strong>, with Multiply CEO Samia Bouazza slated to lead the enlarged platform and Ghitha remaining under its current management. The transaction will push the group\u2019s freefloat to 39%, potentially widening index eligibility 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\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/covestro\/\">Covestro<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109515\" 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=\"109515\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/dib-closes-usd-1-bn-debut-sustainability-linked-sukuk-sale\/\">\r\n                            DIB closes USD 1 bn debut sustainability linked sukuk sale                        <\/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\/17\/dib-closes-usd-1-bn-debut-sustainability-linked-sukuk-sale\/\" 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 five-year paper was priced at a yield of 4.572% per annum, tightening from initial guidance of 120 bps over US Treasuries to 90 bps on strong investor demand. The notes, issued under DIB\u2019s USD 12.5 bn sukuk program listed on Euronext Dublin and Nasdaq Dubai, drew more than USD 2 bn in orders, making it over 2x oversubscribed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>DIB had kicked off <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a9b71e1d-d3e7-4379-90a6-ca55f51fef14\/this-morning:-dib-eyes-debut-s-linked-sukuk-%2B-multiple-shareholders-sign-off-on-2pointzero,-ghitha-merger\" style=\"\" rel=\"noopener\">investor calls<\/a> for its maiden sustainability-linked sukuk earlier last week, after mandating a syndicate of regional and international banks led by Standard Chartered as sustainability advisor. The issuance was expected to carry the same rating as the lender \u2014 rated A3 by Moody\u2019s and A by Fitch with a stable outlook.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian orders were among the largest in the book. <\/strong>About 67% of allocations went to regional investors, some 20% to Asian investors (the bank\u2019s highest share of Asian investors to date), and the remainder to Europe and other markets. Banks and private lenders took the bulk of the issuance at 77%, followed by fund managers with 17%, and institutional investors such as insurers and sovereign funds accounting for the final 6%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A structure wrapped in a green bow: <\/strong>Unlike traditional green sukuk that fund specific sustainability projects, DIB\u2019s performance-linked issue ties its financing to measurable sustainable outcomes, meaning the bank can use proceeds for general purposes, but must meet preset ESG KPIs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>HSBC quarterbacked the transaction as joint lead manager and bookrunner alongside Standard Chartered, Arqaam Capital, Bank ABC, Emirates NBD Capital, First Abu Dhabi Bank, ICBC, KFH Capital, KIB Invest, Maybank, QInvest, and Sharjah Islamic Bank. <\/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\/dubai-islamic-bank\/\">Dubai 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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sustainability\/\">sustainability<\/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=\"109517 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=\"109517\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/109517-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109517\" class=\"content-area-description single-story post-109517 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=\"109518\" 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=\"109518\">\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\">REAL ESTATE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/abu-dhabi-real-estate-posts-strongest-quarter-of-2025\/\">\r\n                            Abu Dhabi real estate hits 12-month high in 3Q 2025 as off-plan sales surge, supply remains tight                        <\/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\/17\/abu-dhabi-real-estate-posts-strongest-quarter-of-2025\/\" 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size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109519\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/abu-dhabi-real-estate-posts-strongest-quarter-of-2025\/1207-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1207.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1207.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1207.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1207.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109518\" class=\"content-area-description single-story post-109518 post type-post status-publish format-standard has-post-thumbnail hentry category-real-estate tag-abu-dhabi tag-enterpriseam-uae tag-real-estate 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\/.497cc926-2351-492b-b141-8d40d1a72fd7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abu Dhabi\u2019s residential market logged its strongest quarter in a year in 3Q 2025<\/strong>, with over 6.5k transactions completed within Abu Dhabi Municipality, up from 4k in 2Q and 3.7k in 1Q, according to Savills\u2019 latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1120.pdf\" style=\"\" rel=\"noopener\">Abu Dhabi Residential Market report (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Off-plan sales accounted for 77% of transaction volumes<\/strong>, well above the 12-month average of 64%, driven by new launches on Saadiyat Island, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/96faa705-2543-4014-ad64-82bdcdd2bfc1\/aldar-introduces-aed-40-bn-coastal-development-in-abu-dhabi\" style=\"\" rel=\"noopener\">Fahid Island<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/731d817e-9a9d-4711-ba6f-c90eb12c2d51\/first-private-developer-select-enters-palm-jebel-ali-%2B-gems-launches-school-in-a-box-venture\" style=\"\" rel=\"noopener\">Hudayriat\u2019s Wadeem plots<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6179edb9-399d-43f4-a9c0-c6280f236964\/dubai-investments-inaugurates-aed-300-mn-residential-tower-in-jvc\" style=\"\" rel=\"noopener\">additional phases of Bloom Living<\/a>. Apartments made up 78% of all transactions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Prices rise on steady demand + tight supply: <\/strong>Average sales rates increased 16% y-o-y to AED 17.4k per sqm in 3Q \u2014 higher than <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cc8a7b41-c9bf-4c02-a3f1-64a78eb8d749\/residential-property-prices-in-abu-dhabi-continued-to-rise-in-2q-2025\" style=\"\" rel=\"noopener\">2Q\u2019s 6.4% uptick<\/a> \u2014 supported by resilient end-user demand and limited ready supply. High-end projects continued to draw overseas buyers, including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e3a69d80-9d16-47eb-97a0-50670a59d0ef\/us-e-trading-giant-robinhood-looks-to-enter-dubai\" style=\"\" rel=\"noopener\">Four Seasons Residences<\/a> on Saadiyat Island and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/09d4153a-729c-47de-a473-6eff40178740\/more-real-estate-investments-in-dubai,-ras-al-khaimah,-and-abu-dhabi\" style=\"\" rel=\"noopener\">Waldorf Astoria Residences<\/a> on Yas Island.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Even with more launches, supply remains constrained: <\/strong>Developers launched 21 projects totaling 5.7k units during the quarter \u2014 nearly half of all new units introduced this year. YTD launches now stand at 11.2k units, though Savills notes supply remains tight relative to population growth and demand, a trend it expects to keep prices firm into 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi recorded AED 94 bn in real estate transactions in 9M 2025<\/strong>, up 43.3% y-o-y, on the back of 29.4k transactions (+48% y-o-y), according to Abu Dhabi Real Estate Center data picked up by <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/infrastructure\/abu-dhabi-real-estate-centre-records-43-percent--year-on-year-increase-reaching-aed94bn-in-transactions-during-first-9-months-of-2025\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. Sales and purchases brought in AED 61.8 bn across 16.9k transactions, while mortgages totaled AED 32.2 bn from 12.7k transactions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FDI climbs: <\/strong>Foreign investors poured AED 6.2 bn into the market in 9M 2025, up 35% y-o-y, compared with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dc82abc0-9d60-4838-9d60-37ea5af5d418\/this-morning:%253cmark%253e-abu%253c%2Fmark%253e%253cmark%253e-dhabi%253c%2Fmark%253e-to-invest-in-major-tourism-project-in-oman-%2B-ega-eyes-ghana%25e2%2580%2599s-bauxite-project\" style=\"\" rel=\"noopener\">AED 3.4 bn<\/a> from 890 transactions involving 85 nationalities in 1H 2025. Some 97 nationalities invested over the period, led by Russia, China, the UK, France, Kazakhstan, and the US. Foreign inflows into investment zones accounted for 74% of total real estate investments, rising 66% y-o-y to AED 35 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More projects + market participants: <\/strong>YTD, the emirate registered 40 new development projects, while real-estate professional licenses rose 47% to 2.4k.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Abu Dhabi earlier logged <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a9faf458-71a3-4924-b4d2-d86ca835bc43\/new-launches-fuel-abu-dhabi-property-market-boom\" style=\"\" rel=\"noopener\">AED 52 bn<\/a> in transactions in 1H 2025, up 40% y-o-y, driven by strong demand for new launches and multiple sellouts. The emirate is expected to deliver around 11.9k new homes before year-end, and roughly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/548d1f4c-3e4b-463a-bf41-0b4854122568\/home-prices-jump-8.1%2525-in-abu-dhabi-in-2q\" style=\"\" rel=\"noopener\">33k units by 2030<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sector contribution rises: <\/strong>Real estate contributed AED 21.9 bn to Abu Dhabi\u2019s non-oil GDP in 1H 2025, up from AED 20.2 bn a year earlier. Construction activity reached AED 57.5 bn, up 10% y-o-y \u2014 bringing the two sectors\u2019 combined contribution to AED 79.5 bn, or 24% of non-oil GDP.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/abu-dhabi\/\">Abu Dhabi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/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=\"109520\" 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=\"109520\">\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\">TRANSPORT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/abu-dhabi-mobility-signs-multi-partner-agreements-during-driftx\/\">\r\n                            Abu Dhabi Mobility signs multi-partner agreements during DriftX                        <\/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\/17\/abu-dhabi-mobility-signs-multi-partner-agreements-during-driftx\/\" 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 agreements cover autonomous vehicles (AVs), advanced air mobility, marine transport, digital infrastructure, and integrated logistics. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi Mobility partnered with: <\/strong><\/p>\n<ul>\n<li><strong>The Cyber Security Council <\/strong>to strengthen cybersecurity across Abu Dhabi\u2019s smart mobility ecosystem through knowledge sharing, coordinated incident response, joint technical exercises, and public awareness programs;<\/li>\n<li><strong>Abu Dhabi Investment Office (Adio) and Tensor Auto<\/strong> \u2014 a Silicon Valley AV company \u2014 to enable commercial operations of Tensor\u2019s AVs in Abu Dhabi, providing regulatory and technical support for real-word rollout;<\/li>\n<li><strong>Japanese eVTOL manufacturer<\/strong> <strong>SkyDrive <\/strong>to conduct technical studies and pilot operations for its SD-05 aircraft, develop vertiports and smart charging stations, and explore future collaboration on operations and maintenance;<\/li>\n<li><strong>Glydways<\/strong>, a global automated transit network provider, to test and deploy autonomous mass transit solutions, improve first- and last-mile connectivity, and collaborate on regulatory standards and pilot projects;<\/li>\n<li><strong>Adio and Blue Gulf Group<\/strong>, a UAE-based maritime solutions company, to develop and operate autonomous marine vessels, conduct feasibility studies, and ensure compliance with environmental and safety standards;<\/li>\n<li><strong>German AV systems firm Benteler Mobility<\/strong> to launch a pilot project for mini robo-buses and assess operational potential and infrastructure requirements for large-scale autonomous deployment;<\/li>\n<li><strong>UAE telecom group e&<\/strong> to develop autonomous driving and smart mobility technologies, including advanced 5G\/5.5G connectivity and onboard WiFi services;<\/li>\n<li><strong>Another agreement with e& <\/strong>on pilot projects for AI-powered drones to monitor traffic;<\/li>\n<li><strong>UAE-based logistics solutions provider Sinaha Technology<\/strong> to improve the use of autonomous technologies in freight operations, including self-driving trucks and heavy-lift drones, with joint monitoring and evaluation of project implementation.<\/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\/abu-dhabi-investment-office\/\">Abu Dhabi Investment Office<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/e\/\">e&amp;<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/3q-earnings-continue-to-roll-in\/1860-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1860.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1860.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1860.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1860.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109523\" class=\"content-area-description single-story post-109523 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-abu-dhabi-aviation tag-ad-ports tag-al-ansari-financial-services tag-dubai-investments tag-earnings-watch tag-enterpriseam-uae tag-etihad-airways tag-tabreed 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\/.27e09257-11fe-4d4f-86f3-a924b288c541.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">OR<strong>ASCOM CONSTRUCTION<\/strong>- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Orascom Construction reported a net income of USD 50.6 mn in 3Q 2025<\/strong>, up 134.3% y-o-y, according to its latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1085.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Revenues jumped 74.8% y-o-y to USD 1.5 bn, led by projects in transportation, power, water, data centers, and aviation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Driving the growth: <\/strong>Robust activity from infrastructure and industrial projects boosted revenue growth during the quarter \u2014 particularly in the MEA region, where revenues more than doubled to USD 873.2 mn. The company\u2019s US operations also recorded solid growth, with revenues rising 33.8% y-o-y to USD 599.2 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a 9M basis, Orascom Construction reported a net income of USD 133.3 mn<\/strong>, up 53.2% y-o-y. Revenues increased 47.8% y-o-y to USD 3.4 bn during the nine-month period, supported by broad-based growth: MEA revenues nearly doubled to USD 2.0 bn, while US revenues grew 12.5% y-o-y to USD 1.4 bn. Growth was further supported by a 44.2% y-o-y rise in new awards to USD 3.7 bn and an 8.3% y-o-y increase in consolidated backlog to USD 8.6 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The contractor moved its primary listing from Nasdaq Dubai to the ADX <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/216b5d69-85e7-4c4f-9ebf-c88ac0004e44\/secondary-share-sales-eclipse-ipo-proceeds-%2B-near-triple-2024-volumes\" style=\"\" rel=\"noopener\">in September<\/a> and transferred its incorporation from DIFC to ADGM <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/78d6bf50-1203-4598-9489-41262aa0ae04\/mena-sees-m&as-rise-23%2525-y-o-y-in-9m-to-usd-69.1-bn--ey\" style=\"\" rel=\"noopener\">earlier this month<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AL ANSARI- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al<\/strong><strong> Ansari Financial Services\u2019 net income dipped 11.7% y-o-y to AED 91 mn in 3Q 2025<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1132.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Its top line rose 13% to AED 336 mn, while its branch network expanded to reach 438 by the end of 3Q \u2014 some 175 more than the same period last year, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1133.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The consolidation of its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0afba913-d5a0-4915-ab7d-d7116548b259\/al-ansari-financial-services-to-fully-acquire-bahrain%25e2%2580%2599s-bfc-group\" style=\"\" rel=\"noopener\">takeover of Bahrain\u2019s BFC Group<\/a> boosted 3Q results.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The group\u2019s net income dropped 1.7% y-o-y to AED 303.3 mn in 9M 2025<\/strong> due to higher expansion expenses and operating costs, driven by regulatory requirements such as Emiratization initiatives. Its total revenues jumped 12.3% y-o-y, reaching AED 991 mn. <\/p>\n<p class=\"tag-border-left\">ALEC HOLDINGS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alec Holdings\u2019 bottom line rises on strong project execution: <\/strong>Dubai-based construction firm Alec Holdings reported a 172% y-o-y jump in net income to AED 192.5 mn in 3Q 2025, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1142.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a> and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1141.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Revenues rose 82.2% to AED 3.5 bn on accelerated backlog conversion in the UAE and Saudi Arabia. The Building and Construction segment more than doubled its quarterly revenue to nearly AED 2 bn, while Energy Solutions revenue climbed 82% y-o-y to AED 1.2 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>For 9M 2025, the firm\u2019s net income rose 115.7% y-o-y to AED 431.6 mn<\/strong>, while revenues increased 65.5% to a record AED 8.9 bn, driven by strong execution across hotel and data center projects. Backlog reached AED 32.9 bn at the end of 9M, providing 2.8x revenue coverage, with an even split between building and energy projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Outlook: <\/strong>Alec expects full-year revenue growth of 50-52%, supported by a growing mix of complex, higher-margin projects such as data centers and fit-out. CEO Barry Lewis <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bd253763-d89d-46d5-8bf2-07d165a05c9d\/this-morning:-adgm-updates-data-protection-regulations-%2B-fed-set-to-cut-rates-for-the-first-time-in-months-today\" style=\"\" rel=\"noopener\">previously<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bd253763-d89d-46d5-8bf2-07d165a05c9d\/this-morning:-adgm-updates-data-protection-regulations-%2B-fed-set-to-cut-rates-for-the-first-time-in-months-today\" style=\"\" rel=\"noopener\">said<\/a> the company sees a SAR 4.3 tn project pipeline in Saudi Arabia and around AED 2.8 tn in prospects in the UAE, after making its DFM debut <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e569e61e-2e97-42a4-80e2-86e2b7d18d1e\/%253cmark%253ealec%253c%2Fmark%253e%25e2%2580%2599s-shares-gain-0.7%2525-on-debut\" style=\"\" rel=\"noopener\">in October<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dividends: <\/strong>Alec reaffirmed its dividend plan, including AED 200 mn to be paid in April 2026, followed by semiannual distributions equal to at least 50% of annual net income thereafter.<\/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\">DUBAI INVESTMENTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai <\/strong><strong>Investments\u2019 bottom line surged 114.4% y-o-y to reach <\/strong><strong>AED 505.1<\/strong><strong> mn in 3Q 2025<\/strong>, driven by higher fair-value gains on investment properties and stronger recurring income, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1154.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Total income grew 27.1% y-o-y to AED 1.2 bn, supported by a 6.3% uptick in rental income to AED 288.8 mn and solid performance from its manufacturing operations, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1184.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Fair-value gains on investment properties contributed AED 149.8 mn, versus none in 3Q 2024, while gains on investments more than doubled to nearly AED 130 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Net income reached AED 1 bn during 9M<\/strong>, up 57.2% y-o-y, driven by a AED 363 mn gain on the fair valuation of investment properties and a 12.5% increase in rental income to AED 873.5 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IPO plans:<\/strong> Dubai Investments is eyeing an IPO of its glass subsidiaries in late 2026 or early 2027, with technical preparations now almost complete, Vice Chairman Khalid bin Kalban told CNBC Arabia (<a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/145311\/2025\/14\/11\/%D9%86%D8%A7%D8%A6%D8%A8-%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%AF%D8%A8%D9%8A-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%84%D9%80CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D9%86%D8%B3%D8%AA%D8%B9%D8%AF-%D9%84%D8%B7%D8%B1%D8%AD-%D8%B4%D8%B1%D9%83%D8%A9-%D8%AA%D8%A7%D8%A8%D8%B9%D8%A9-%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%B2%D8%AC%D8%A7%D8%AC-%D9%84%D9%84%D8%A7%D9%83%D8%AA%D8%AA%D8%A7%D8%A8-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A8%D9%86%D9%87%D8%A7%D9%8A%D8%A9-2026-2027\" style=\"\" rel=\"noopener\">watch, runtime: 8:33<\/a>). The firm is investing AED 1 bn to increase production at its Abu Dhabi glass plant as part of the plans.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong>The company has already <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d5146610-6347-4740-91dd-e7fdbea3be21\/dubai%253cmark%253e-investments%253c%2Fmark%253e-taps-banks-to-list-its-dubai%253cmark%253e-investments%253c%2Fmark%253e-park-unit-%2B-masdar-eyes-usd-1-bn-investment-in-turkey%3F\" style=\"\" rel=\"noopener\">mandated banks<\/a> to manage the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2fa7620c-1950-4873-af90-d1565b450287\/this-morning:-dip-confirms-ipo-plans-%2B-e&-enterprise-to-develop-data-center-infrastructure-in-serbia\" style=\"\" rel=\"noopener\">planned listing of Dubai Investments Park<\/a>. It is planning to offer 24-25% of the firm, which could bring in between AED 2.4-2.5 bn in proceeds, with funds earmarked for debt repayment, shareholder distributions, and new investments, bin Kalban added. Over in Angola, where it is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bd2c82c3-5889-4bb2-8755-538b167e519a\/dubai-investments-teams-up-with-angola%25e2%2580%2599s-fsdea-for-luanda-real-estate-projects\" style=\"\" rel=\"noopener\">building Dubai Investments Park Angola<\/a>, it is exploring partnering with the Angolan government to set up a firm to develop Angola\u2019s real estate sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TABREED-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>National Central Cooling Company (Tabreed) reported a 7.4% y-o-y decline in net <\/strong><strong>income<\/strong><strong> to AED 153.3 mn in 3Q 2025<\/strong>, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1156.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Revenues were broadly unchanged at AED 758.8 mn, down 0.7% y-o-y, and total connected capacity rose 4.5% y-o-y to 1.38 mn RT on continued network expansion, the cooling provider said in a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1157.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Net income for 9M 2025 came in at AED 444.4 mn<\/strong>, down 1.1% y-o-y, weighed down by higher finance costs following the company\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9bf87382-193c-44cb-a342-0ea3241343f6\/%253cmark%253etabreed%253c%2Fmark%253e-finalizes-a-usd-700-mn-sukuk-issuance-with-3.5x-oversubscription-at-usd-2.5-bn\" style=\"\" rel=\"noopener\">USD 700 mn green sukuk<\/a> issuance earlier this year. Revenues rose 1.3% y-o-y to AED 1.9 bn, supported by steady consumption volumes despite milder weather and a record 52.9k RT of organic additions \u2014 more than double the full-year 2024 total.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Tabreed kept busy this year: <\/strong>It completed the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/50d4355f-74de-4fcc-9bdf-b4364c232995\/multiply-group-agrees-to-offload-pal-cooling-to-tabreed-%2B-cvc\" style=\"\" rel=\"noopener\">AED 4.1 bn acquisition of PAL Cooling<\/a>, adding roughly 600k RT across Abu Dhabi and Al Reem Island, and secured an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/36e5a35b-aeea-47f0-801a-e1fa020a9bba\/%253cmark%253etabreed%253c%2Fmark%253e-secures-aed-1.5-bn-district-cooling-contract-for-palm-jebel-ali\" style=\"\" rel=\"noopener\">AED 1.5 bn, 250k RT concession for Palm Jebel Ali<\/a> through a JV with Dubai Holding Investments. The company also commissioned three new plants and was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/13950e79-89c5-4f3c-8380-df9755394506\/two-uae-firms-added-and-two-removed-from-msci-indices-in-latest-review\" style=\"\" rel=\"noopener\">added to the MSCI Global Small Cap Index<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More in the pipeline? <\/strong>Tabreed recently secured an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5a306f40-c5d9-4e2a-8979-6d42dfbfd22c\/%253cmark%253etabreed%253c%2Fmark%253e-lines-up-aed-1.8-bn-shariah-compliant-facility\" style=\"\" rel=\"noopener\">AED 1.8 bn shariah-compliant debt facility<\/a> from Mashreq and Emirates NBD \u2014 including AED 1 bn in green financing \u2014 to support M&A and balance sheet strength. CEO Khalid Al Marzouqi <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fdabb517-0b3b-4a8d-bc86-d4248351ec25\/data-center-capacity-to-nearly-triple-in-the-next-three-years--emirates-nbd\" style=\"\" rel=\"noopener\">previously said<\/a> the company is exploring data center cooling with backing from Mubadala and Engie, and is assessing new prospects, including those around the future <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6f4e339b-279d-4c36-832f-40bc48737612\/this-morning:-adnoc-could-reportedly-slow-down-its-m&a-spree-amid-falling-oil-prices-%2B-trump-linked-btc-miner-sets-up-shop-in-dubai\" style=\"\" rel=\"noopener\">Al Maktoum International Airport<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AD PORTS GROUP-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD<\/strong><strong> Ports sees strongest income since IPO:<\/strong> AD Ports Group saw its net income rise 34% y-o-y to AED 596 mn in 3Q 2025 \u2014 a record high since its 2022 public listing \u2014 driven by high cargo volumes and container throughput, rising warehouse utilization rates, and a surge in new industrial land leases, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1125.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a> published on Friday. The company\u2019s top line surged 16% y-o-y to AED 5.39 bn for the same period, driven by improved activity in maritime and shipping, ports, and economic cities and freezone clusters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>3Q by the segment:<\/strong> Maritime and shipping revenues rose 40% y-o-y in 3Q 2025 to AED 3 bn, remaining the single largest contributor to the company\u2019s top line. The company\u2019s ports recorded a top line surge of 18% y-o-y to AED 713 mn whilst logistics segment\u2019s top line dropped 12% y-o-y to AED 1.1 bn in 3Q 2025, as market conditions weakened in the freight forwarding business, particularly in the Asia and Americas regions. Revenues from the economic cities and freezones sector rose 17% y-o-y to AED 600 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In 9M terms: <\/strong>The company\u2019s net income rose 17% y-o-y to AED 1.1 bn in 9M 2025, while its top line surged 16% y-o-y to AED around 14.8 bn for the same period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Heading into 2026: <\/strong>AD Ports Group is anticipating some softening in container freight rates across its service network, while predicting that demand will remain strong in its operating regions. The container shipping market outlook for 2026 remains highly uncertain as opposing market forces with unpredictable outcomes are at play, including the Red Sea conflict, US tariffs and trade wars, new regulations, and incoming supply and demand shifts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ABU DHABI AVIATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi Aviation (Ada) reported a 24.1% y-o-y decrease in its net income to AED 698.5<\/strong><strong> mn in 9M 2025<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1140.pdf\" style=\"\" rel=\"noopener\">earnings release<\/a> <strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1140.pdf\" style=\"\" rel=\"noopener\"><\/a><\/strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1140.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. Ada\u2019s net income was impacted by an unfavorable base effect due to a one-off gain of AED 596.8 mn that trickled from a reverse <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3ca9fc26-0902-49c9-9953-bb92a90ccc79\/%253cmark%253eabu-dhabi-aviation%253c%2Fmark%253e-closes-share-swap-agreement-with-adq-aviation\" style=\"\" rel=\"noopener\">acquisition<\/a> in 2024. Adjusting for this transaction, Ada\u2019s 9M bottom line increased 116% y-o-y. The firm\u2019s top line rose by 9.2% y-o-y to AED 5.5 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Segment highlights: <\/strong>Ada\u2019s cargo operations reported revenue of AED 168.9 mn during the quarter, up more than 122% y-o-y. Meanwhile, the group\u2019s maintenance, repair, and overhaul business division saw its bottom line surge 280.4% y-o-y to AED 511.2 mn, whereas its revenues were at AED 4.8 bn, up 4.4% y-o-y.<\/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\"> ETIHAD AIRWAYS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Eti<\/strong><strong>had Airways reported a 26% y-o-y increase in its net income to AED 1.7 bn (USD 463<\/strong><strong> mn) in <\/strong><strong>9M<\/strong><strong> 2025<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/www.etihad.com\/en-bh\/news\/etihad-delivers-record-nine-month-profit-of-aed-17-billion-us-463-million\" style=\"\" rel=\"noopener\">earnings release<\/a> published on Friday. The firm\u2019s top line rose 18% y-o-y to AED 21.7 bn (USD 5.9 bn), driven by strong performance across both passenger and cargo operations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In cargo terms:<\/strong> Cargo revenues rose 8% to AED 3.2 bn (USD 875 mn) \u2014 attributable to enhanced capacity and increased volume. The airline\u2019s operating fleet reached 115 aircraft \u2014 marking a 19% y-o-y increase from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/db51bc0c-7577-4917-ac54-377bf5d63dd8\" style=\"\" rel=\"noopener\">last year\u2019s figures<\/a>. Nearly half of the boost from last year came from 3Q deliveries \u2014 which included A321LRs, B787s, and A350s.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Right on cue? <\/strong>Etihad Airways was looking to onboard <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3fd199de-4c7e-4c61-9c58-594ddc64dddc\" style=\"\" rel=\"noopener\">18 new aircraft by year-end<\/a>, aiming to grow its fleet to some 115-120 aircraft to accommodate 21.5 mn passengers \u2014 assuming there are no delays from the manufacturer.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A solid year for the carrier: <\/strong>The airline reported a 32% y-o-y increase in its net income to AED 1.1 bn (USD 306 mn) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e83fd3f3-8d77-4c40-8d2a-807a49c4d6ac\/\" style=\"\" rel=\"noopener\">in 1H 2025<\/a>, while its top line also rose 16% y-o-y to AED 13.5 bn due to strong performance across both passenger and cargo operations.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/abu-dhabi-aviation\/\">Abu Dhabi Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/al-ansari-financial-services\/\">Al Ansari Financial Services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-investments\/\">Dubai Investments<\/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\/etihad-airways\/\">Etihad Airways<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tabreed\/\">Tabreed<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109525\" 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=\"109525\">\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\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/tabreed-ceo-retires\/\">\r\n                            Tabreed CEO retires                        <\/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\/17\/tabreed-ceo-retires\/\" 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\/17\/tabreed-ceo-retires\/')\">\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\/17\/tabreed-ceo-retires\/\">\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=Tabreed CEO retires&url=https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/tabreed-ceo-retires\/\">\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\/17\/tabreed-ceo-retires\/&title=Tabreed CEO retires\">\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=Tabreed+CEO+retires+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F11%2F17%2Ftabreed-ceo-retires%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\/17\/tabreed-ceo-retires\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1203.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109526\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/tabreed-ceo-retires\/1203-jpg-28\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1203.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1203.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1203.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1203.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109525\" class=\"content-area-description single-story post-109525 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-enterpriseam-uae tag-moves tag-tabreed 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\/.fc113f39-588e-4f39-b431-ea6a04dc5898.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DFM<\/strong><strong>-listed Tabreed\u2019s board of directors accepted the resignation of CEO Khalid Al<\/strong><strong> Marzooqi (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/ae.linkedin.com\/in\/khalid-al-marzooqi-a66b2435\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) <\/strong><strong>who is retiring<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1152.pdf\" style=\"\" rel=\"noopener\">DFM disclosure (pdf)<\/a>. Al Marzooqi will step back from the role \u2014 which he took up in 2021 \u2014 on 2 January, 2026. The board has not yet named a successor.<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tabreed\/\">Tabreed<\/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=\"109527\" 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=\"109527\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/investcorp-makes-a-us-acquisition\/\">\r\n                            Investcorp makes a US acquisition                        <\/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\/17\/investcorp-makes-a-us-acquisition\/\" 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\/17\/investcorp-makes-a-us-acquisition\/')\">\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\/17\/investcorp-makes-a-us-acquisition\/\">\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=Investcorp makes a US acquisition&url=https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/investcorp-makes-a-us-acquisition\/\">\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\/17\/investcorp-makes-a-us-acquisition\/&title=Investcorp makes a US acquisition\">\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=Investcorp+makes+a+US+acquisition+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F11%2F17%2Finvestcorp-makes-a-us-acquisition%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\/17\/investcorp-makes-a-us-acquisition\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1277.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109528\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/investcorp-makes-a-us-acquisition\/1277-jpg-23\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1277.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1277.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1277.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1277.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109527\" class=\"content-area-description single-story post-109527 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-aviation tag-dubai-holding tag-enterpriseam-uae tag-hospitality tag-investcorp tag-investcorp-capital tag-investment-corporation-of-dubai tag-ma tag-oracle tag-private-equity tag-saudi-arabia 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\/.fd708ecb-4fd2-4218-9e42-f7c568d82d4b.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">M&A- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abu<\/strong><strong> Dhabi\u2019s Investcorp Capital acquires US-based KSS: <\/strong>ADX-listed private equity firm Investcorp Capital acquired US industrial services firm Kanawha Scales & Systems (KSS), according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1135.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. This move comes as the firm looks to diversify its portfolio and expand its global private market investments. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>Investcorp has made several US exits this year, including Resa Power <a target=\"_blank\" href=\"https:\/\/www.investcorp.com\/investcorp-sells-resa-power-after-quadrupling-business-in-three-years\/\" style=\"\" rel=\"noopener\">in April<\/a> and the sale of its US industrial portfolio <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4edac6ff-1e64-41ef-b755-d1aaffdb0cad\/investcorp-capital-sells-its-us-industrial-real-estate-portfolio-for-usd-360-mn\" style=\"\" rel=\"noopener\">for USD 360 mn<\/a>. Elsewhere, it fully exited Indian budget fashion retailer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c71ef361-da40-4d67-9ac6-40045d130d0f\/%253cmark%253einvestcorp-capital%253c%2Fmark%253e-exits-indian-fashion-retailer-citykart\" style=\"\" rel=\"noopener\">Citykart<\/a>, having helped the company grow its top line to USD 102 mn for FY 2025. On the flip side, it invested <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a44da383-2d54-420d-b34a-1f89d52d0eb6\/investcorp-capital-to-invest-in-italian-payments-firm-epipoli\" style=\"\" rel=\"noopener\">in Italian payments firm Epipoli<\/a> and acquired a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/36e5a35b-aeea-47f0-801a-e1fa020a9bba\/tabreed-secures-aed-1.5-bn-district-cooling-contract-for-palm-jebel-ali\" style=\"\" rel=\"noopener\">USD 200 mn portfolio<\/a> of European and North American assets.<\/p>\n<p class=\"tag-border-left\">CONSTRUCTION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meraas<\/strong><strong> awards AED 440 mn contract for City Walk project: <\/strong>Dubai Holding Real Estate\u2019s subsidiary Meraas handed GCC Contracting an AED 440 mn contract to develop the City Walk Northline project in Dubai, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/meraas-awards-aed-440mln-contract-for-city-walk-northline-dubais-latest-premium-urban-lifestyle-destination-f2ax27io\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Completion is slated for 3Q 2027 and will see Meraas develop City Walk Northline 1 and 2, which together will offer 304 units spread across three residential buildings. The project sits between Jumeirah Street and Sheikh Zayed Road and is part of the broader City Walk development. Meraas recently awarded <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7c6b5c95-9924-46dc-ae84-0adb5b794df2\/meraas-hands-naresco-aed-450-mn-contract-for-dubai%25e2%2580%2599s-city-walk\" style=\"\" rel=\"noopener\">Naresco an AED 450 mn contract<\/a> for construction works on City Walk\u2019s final phase \u2014 Central Park Plaza.<\/p>\n<p class=\"tag-border-left\">HOSPITALITY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kerzner partners on USD 2 bn Saudi tourism project:<\/strong> The hospitality arm of Investment Corporation of Dubai, <a target=\"_blank\" href=\"https:\/\/www.kerzner.com\/\" style=\"\" rel=\"noopener\">Kerzner International<\/a>, will develop two luxury tourism projects in Saudi Arabia after inking a USD 2 bn agreement with the Kingdom\u2019s Public Investment Fund-owned Jeddah Central Development and Saudi\u2019s Midad Real Estate, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/companies\/107132\/%D8%B5%D9%81%D9%82%D8%A9-%D8%A8%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D9%8A-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D9%85%D9%86%D8%AA%D8%AC%D8%B9%D8%A7%D8%AA-%D9%81%D8%A7%D8%AE%D8%B1%D8%A9-%D8%B9%D9%84%D9%89-%D8%B3%D8%A7%D8%AD%D9%84-%D8%AC%D8%AF%D8%A9\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports. The projects \u2014 Atlantis Jeddah and One&Only Jeddah \u2014 will see investments of USD 2 bn and be located on the Kingdom\u2019s Red Sea waterfront.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Kerzner announced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5c9ce4a7-a69f-4c8d-8182-04e28d3fb2e2\/another-hiccup-in-adnoc%25e2%2580%2599s-covestro-takeover-%2B-opec%2B-to-weigh-another-supply-hike-on-sunday%3F\" style=\"\" rel=\"noopener\">in September<\/a> it is expanding its One&Only brand with new resorts in Fiji\u2019s Nacula Island and a property in Big Sky in the US state of Montana.<\/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\"> AVIATION- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US-based aircraft giant <\/strong><strong>GE<\/strong><strong> Aerospace is expanding into Dubai South<\/strong> with a USD 50 mn On Wing Support facility in the Mohammed Bin Rashid Aerospace Hub, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/aviation\/us-giant-ge-steps-up-dubai-uae-aviation-presence-with-new-multi-million-dollar-hub-1.500348111\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. The facility will help the company scale maintenance, repair, and overhaul (MRO) capabilities, support the production of advanced engines like the GE9X, and introduce its first MRO training space. Construction is set to begin in December, with completion slated for 1Q 2027. The investment will expand GE Aerospace\u2019s UAE footprint to 120k sq ft.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The firm had previously announced a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b9d5c71e-3a30-435e-9d32-e6e036a53068\/lunate-unveils-us-denominated-t-bill-exchange-traded-fund\" style=\"\" rel=\"noopener\">USD 10 mn investment<\/a> in its MRO facilities in Dubai and Doha to prepare for the arrival of the GE9X. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3261fa8a-9604-492d-88c8-a0108899f5fa\/uae,-us-ink-usd-200-bn-investment-agreements-in-ai,-critical-minerals,-and-energy\" style=\"\" rel=\"noopener\">Earlier this year<\/a>, Etihad Airways said it was investing USD 14.5 bn for 28 Boeing 787 and 777X jets built by GE Aerospace in the US.<\/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>RTA<\/strong><strong> + Jo<\/strong><strong>by host first crew-manned aerial taxi flight:<\/strong> Joby Aviation marked its first crewed electric vertical take-off and landing (eVTOL) aerial taxi flight between Margham\u2019s Dubai Jetman Helipad and Al Maktoum International Airport, in cooperation with Dubai\u2019s Road and Transport Authority (RTA), according to <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2025\/november\/16-11\/rta-and-joby-complete-first-crewed-evtol-taxi-flight\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The 17-minute flight marks the first crewed eVTOL flight between two points in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE\u2019s first eVTOL aerial taxi vertiport in Dubai is 60% complete<\/strong>, RTA said, with UK-based firm Skyports Infrastructure leading construction efforts. The facility is located near Dubai International Airport.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Joby Aviation is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1ed06d7f-8191-483e-a4cf-bef61799d99e\/this-morning:-joby-aviation-on-track-to-complete-first-dubai-vertiport-by-1q-2026-%2B-could-starlink-come-to-the-uae%3F\" style=\"\" rel=\"noopener\">on track<\/a> to launch its first vertiport at Dubai International Airport by 1Q 2026, ahead of commercial rollout.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More to come:<\/strong> RTA has inked agreements with Emaar Properties, Atlantis The Royal, and Wasl Asset Management to develop additional vertiports for aerial taxis within their real estate projects.<\/p>\n<p class=\"tag-border-left\"> AI- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ajman Bank, Oracle team up: <\/strong><a target=\"_blank\" href=\"https:\/\/www.ajmanbank.ae\/site\/\" style=\"\" rel=\"noopener\">Ajman Bank<\/a> is moving its new trade finance platform onto US-based technology company <a target=\"_blank\" href=\"https:\/\/www.oracle.com\/middleeast\/\" style=\"\" rel=\"noopener\">Oracle<\/a> \u2019s cloud infrastructure (OCI), aiming to boost capacity, speed and resilience as transaction volumes rise, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/ajman-bank-collaborates-with-oracle-to-power-next-generation-trade-finance-platform-pwq4ms2f\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Oracle will work with the bank on further cloud and data use cases as it modernizes its trade finance stack. Both sides will explore additional applications in data management, analytics and compliance to accelerate product development and improve internal controls. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong><strong>This <\/strong><strong>is not Ajman Bank\u2019s first digital scaling move: <\/strong>Ajman Bank signed an MoU with UAE-based digital asset platform Fasset <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ed899ef0-36be-4301-a091-d987f533cc2e\/day-four-of-gitex:-ai-training,-sovereign-platforms,-and-crypto-in-the-spotlight\" style=\"\" rel=\"noopener\">in October<\/a> to jointly launch shariah-compliant virtual asset offerings in the UAE.<\/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\" 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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/zero-day-options-are-quietly-capping-sp-500-rallies\/\">\r\n                            Zero-day options are quietly capping S&amp;P 500 rallies                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1200.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109530\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/17\/zero-day-options-are-quietly-capping-sp-500-rallies\/1200-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1200.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1200.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1200.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1200.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109529\" class=\"content-area-description single-story post-109529 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam-uae tag-financial-markets tag-planet-finance tag-sp-500 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\/.5e7c9ab9-66c3-4eba-8956-9462ffc884fd.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>A new wave of ultra-short-dated option trading is increasingly shaping how the <\/strong><strong>S&P 500 moves during the day<\/strong>, and analysts say it may be putting a ceiling on stock market rallies, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-16\/popular-zero-day-options-strategies-keep-a-lid-on-stock-rallies\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Zero-day options and other one-to-five-day contracts have exploded in popularity this year, turning what used to be niche trades into one of the biggest forces in US equity markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A flood of daily option-selling is changing intraday behavior:<\/strong> Investors have been selling more short-dated options to collect steady premiums. These trades are designed to profit if markets stay in a narrow range, but they also create mechanical pressure in the underlying index. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The last 30 minutes of trading are becoming a pressure point:<\/strong> Hedging flows spike as options approach expiration near the closing bell. On 24 October, dealer gamma peaked at about USD 90 bn roughly 10 minutes before market close. At that moment, even a 0.1% move in the index would have forced around USD 10 bn in hedging flows, according to UBS estimates. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some see trading opportunities in these distortions, others aren\u2019t convinced:<\/strong> The growing influence of short-option strategies has encouraged some traders to buy one-day options at the close and sell them at the next morning\u2019s open, hoping to exploit overnight gaps. But skeptics warn against overstating the importance of any single strategy. \u201cOf the 25 or so different things that are pushing markets in different directions, this is one of the 25,\u201d said Susquehanna\u2019s Chris Murphy. \u201cIt gets more attention than it deserves.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And the sustainability question remains open:<\/strong> Many of these trades rely on stable, low-volatility conditions \u2014 something that rarely lasts forever. \u201cAny systematic short-option strategy generally harvests premium pretty well until a high volatility environment realizes and then it kills the trade via convex losses,\u201d said Garrett DeSimone of OptionMetrics.<\/p>\n<p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are mostly in the red in early trading this morning <\/strong>as traders adopt a cautious approach ahead of a busy week for earnings. Japan\u2019s Nikkei, the Shanghai Composite, and the Hang Seng are all down 0.5%. Meanwhile the Kospi is in the green, up 1.7%.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,918<\/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: +5.3%)<\/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\">5,950<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.7% (YTD: +10.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,766<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.9% (YTD: +14.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">3.8% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">3.7% 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>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">11,053<\/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: -8.2%)<\/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>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\">41,211<\/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\">+2.5% (YTD: +38.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P 500 <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,734<\/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: +14.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">9,698<\/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: +18.7%)<\/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>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\">5,694<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.9% (YTD: +16.3%)<\/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>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 63.71<\/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%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas (Nymex) <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 4.46<\/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\">-2.3%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 4,088<\/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-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 94,500<\/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\">-1.0% (YTD: +1.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 3.79<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0% (YTD: +8.8%)<\/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>S&P MENA Bond & Sukuk<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">151.92<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0% (YTD: +8.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">19.83<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.9% (YTD: +14.3%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p class=\"tag-border-left\">THE CLOSING BELL-<\/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<\/strong>% on Friday on turnover of AED 849.7 mn. The index is up 5.3% 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>Agthia Group (+6.6%), Eshraq Investments (+3.9%) and Gulf Cement Co. (+3.2%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>ADCB Rights Issue 2025 (-12.5%), Aram Group (-6.7%) and Presight AI Holding (-6.6%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the DFM<\/strong>, the index fell 0.7% on turnover of AED 673.3 mn. Meanwhile, Nasdaq Dubai was down 0.9%.<\/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\"> CORPORATE ACTIONS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai<\/strong><strong>-listed shipping and maritime services firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gulfnav.com\/\" style=\"\" rel=\"noopener\">GulfNav<\/a><\/strong><strong>\u2019s shareholders approved<\/strong><strong> a 51% capital increase to AED 1.65 bn <\/strong>to fund <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9e43c98d-23d0-4ad5-9d0b-46c8bb20c02a\/gulfnav-will-soon-be-the-new-owner-of-nasdaq-listed%253cmark%253e-brooge-energy%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">its planned acquisition<\/a> of Fujairah storage business <a target=\"_blank\" href=\"https:\/\/broogeenergy.com\/\" style=\"\" rel=\"noopener\">Brooge Energy<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1163.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. The increase will come through AED 500 mn worth of bonds to be priced at AED 1.1 per bond and issued to existing shareholders. The bonds can be converted into shares within three months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The capital increase also includes 358.8 mn new shares for Brooge<\/strong> with a one-year lock-up period and the issuance of AED 2.3 bn in mandatory convertible bonds for Brooge shareholders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The capital increase has already been cleared by the Securities and Commodities Authority<\/strong> and will be activated on 21 November after trading hours. Trading will begin on 24 November. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>GulfNav announced closing an AED 3.2 bn acquisition of Brooge Energy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9e43c98d-23d0-4ad5-9d0b-46c8bb20c02a\/gulfnav-will-soon-be-the-new-owner-of-nasdaq-listed%253cmark%253e-brooge-energy%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">in May<\/a>, issuing 358.8 mn new shares and AED 2.3 bn in convertible bonds to Brooge, plus AED 500 mn in bonds to shareholders. GulfNav\u2019s shares gained 8.97% at the time to end at AED 5.95.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sp-500\/\">S&amp;P 500<\/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=\"109531\" 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\/17\/109531-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109531\" class=\"content-area-description single-story post-109531 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>11-17 November (Tuesday-Monday):<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubai2025.icom.museum\/programme\" style=\"\">International Council of Museums (ICOM) General Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-17 November (Wednesday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/robocupap.org\/\" style=\"\">RoboCup Asia-Pacific<\/a><\/span><span style=\"font-weight:400;\">, Khalifa University, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 November (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/myplantgardenme.com\/\" style=\"\">Myplant & Garden Middle East Green Expo<\/a><\/span><span style=\"font-weight:400;\">, Dubai Exhibition 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>17 -19 November (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.fastmarkets.com\/events\/middle-east-iron-steel\/\" style=\"\">Middle East Iron and Steel 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;\">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>12 December (Friday): Emirates NBD to launch an open offer for <\/span><span style=\"\">Mumbai-listed RBL Bank\u2019s public shares. <\/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 style=\"font-weight:400;\">26 December (Friday): Tender period for Emirates NBD\u2019s offer for RBL Bank\u2019s public shares ends.<\/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 in 2029:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Sibos 2029 organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), Dubai;<\/span><\/li>\n<li><span style=\"font-weight:400;\">The commissioning of the seventh phase of Mohammed bin Rashid Al Maktoum Solar Park.<\/span><\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: 2PointZero-Ghitha-Multiply merger is nearly across the finish line<\/p>\n","protected":false},"featured_media":109509,"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-109508","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"ad397754-84f3-4c66-b85d-45b27f2524d7","teaser":"PLUS: 2PointZero-Ghitha-Multiply merger is nearly across the finish line","photo_url":"https:\/\/ent.news\/2024\/4\/1984.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ 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