{"id":109902,"date":"2025-11-28T00:00:00","date_gmt":"2025-11-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=109902"},"modified":"2025-12-15T05:41:05","modified_gmt":"2025-12-15T05:41:05","slug":"ad-ports-sells-nmdc-stake-gulfnav-seals-acquisition-of-brooges-assets-plus-happy-uae-national-day","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/ad-ports-sells-nmdc-stake-gulfnav-seals-acquisition-of-brooges-assets-plus-happy-uae-national-day\/","title":{"rendered":"AD Ports sells NMDC stake, GulfNav seals acquisition of Brooge\u2019s assets (Plus: Happy UAE National Day)"},"content":{"rendered":"<section id=\"109904\" 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=\"109904\">\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\/28\/this-morning-december-will-be-a-busy-month-for-travel-non-emiratis-can-now-foster-children-under-new-amendments\/\">\r\n                            THIS MORNING: December will be a busy month for travel + Non-Emiratis can now foster children under new amendments                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n           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status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-adgm tag-aviation tag-banking tag-blockchain tag-central-bank-of-the-uae tag-crypto tag-cybersecurity tag-dana-gas tag-dxb tag-enterpriseam-uae tag-oil-and-gas tag-regulation tag-smes tag-startups 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\/.255fea63-d7f8-49a1-af33-8f2c842605c8.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends, and happy FRIDAY. <\/strong>We\u2019ve made it to the end of the week \u2014 and month \u2014 and our gift for making it through is a long, four-day weekend in celebration of UAE national day. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Are you flying out for the long weekend \u2014 or a couple of weeks later for the Christmas holidays? <\/strong>Make sure to account for the seasonal travel rush, which this year will likely see <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/dxb-set-for-a-strong-year-end-travel-peak-with-10mln-guests-expected-w3udinz5\" style=\"\" rel=\"noopener\">more than 10 mn passengers pass through Dubai International Airport<\/a> until the end of the year, with an average of over 294k passengers expected every day. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>If you\u2019re staying put, you\u2019ll be glad to know parking will be gratis during the Eid Al Etihad <\/strong><strong>holiday <\/strong>\u2014 except for the multi-story car parks and Al Khail Gate N-365, according to a <a target=\"_blank\" href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/announcing-service-hours-during-the-eid-al-etihad-holiday\" style=\"\" rel=\"noopener\">statement<\/a> from Dubai\u2019s Roads and Transport Authority. As for public transport timings, here is the schedule for the long weekend:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Holiday service hours for<\/strong> <strong>Dubai Metro (Red + Green):<\/strong><\/p>\n<ul>\n<li>On Saturday, the metro will run from 5am to 1am;<\/li>\n<li>On Sunday, it will run from 8am to 1am;<\/li>\n<li>On Monday and Tuesday, it will run from 5am to 1am.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>For<\/strong> <strong>Dubai Tram:<\/strong><\/p>\n<ul>\n<li>On Saturday, the tram will run from 6am to 1am;<\/li>\n<li>On Sunday, it will run from 9am to 1am;<\/li>\n<li>On Monday and Tuesday, it will run from 6am to 1am.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>**A QUICK PROGRAMMING NOTE- EnterpriseAM UAE will als<\/strong><strong>o be off on Monday and Tuesday<\/strong>, and will be back in your inbox at the usual hour on Wednesday morning.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Today\u2019s issue is heavy on M&amp;A news<\/strong>, with <strong>AD Ports<\/strong> selling its stake in <strong>NMDC<\/strong> to <strong>Alpha Dhabi<\/strong>, and <strong>GulfNav<\/strong> sealing its long-pending acquisition of <strong>Brooge\u2019s energy assets<\/strong>. Meanwhile, in <strong>Abu Dhabi<\/strong>, <strong>Taqa<\/strong> and <strong>Dubal Holding<\/strong> <strong>are taking over<\/strong> <strong>Emirates Global Aluminium\u2019s water and power generation assets<\/strong>, with plans to upgrade EGA\u2019s interconnection capacity to the grid and give it more access to clean energy down the line. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>The mercury peaks at 29\u00b0C today in both <strong>Dubai<\/strong> and <strong>Abu Dhabi<\/strong> before cooling to 19\u00b0C, according to our favorite weather app.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><b>Have you checked out EnterpriseAM MENA &lt;&gt; India? <\/b>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 it 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 <b>EnterpriseAM MENA &lt;&gt; India<\/b> 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\/2025\/11\/1777.jpg?ssl=1\"><\/a> <\/p>\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>#1- Non-Emirati residents can now foster children under new amendments to the UAE\u2019s <\/strong><strong>foster care law<\/strong>, a big change from previous restrictions to Muslim Emirati families and single women. The law has been amended to allow any married couple over the age of 25 to to foster a child, regardless of nationality or religion, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/news\/uae\/2025\/11\/25\/new-law-allows-non-emiratis-to-foster-children-in-the-uae\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. Single women who are at least 30 can also apply to become foster parents. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s still some eligibility criteria<\/strong>, of course, including having no prior criminal convictions, no infectious diseases or psychological disorders that could put a child at risk, and the ability to financially support a child. Applicants are also not allowed to change a child\u2019s official identity or religion.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>The<\/strong><strong> UAE is rolling out an e-visa and online visa application process fo<\/strong><strong>r Pakistani <\/strong><strong>nationals<\/strong>, with nearly 500 visas now processed daily, <a target=\"_blank\" href=\"https:\/\/www.app.com.pk\/business\/pakistan-uae-reaffirm-resolve-to-deepen-strategic-economic-partnership\/\" style=\"\" rel=\"noopener\">Associated Press Pakistan<\/a> quotes UAE Ambassador Hamad Alzaabi as saying on a call with Pakistani Finance Minister Muhammad Aurangzeb.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Sharjah <\/strong><strong>has introduced a postpaid option for government fees <\/strong>through a new partnership between the Sharjah Finance Department and BNPL unicorn Tabby, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmxfozc-sharjah-finance-department-launches-postpaid\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Startups<\/strong><strong> + SMEs can join Dubai Founders HQ at no cost: <\/strong>Dubai Founders HQ, the emirate\u2019s new initiative for startups and SMEs, is offering startups and SMEs gratis access to its network and resources, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/business\/dubai-founders-hq-no-fee-startups\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> cites acting CEO of Dubai SME Ahmad Alroom as saying. A nominal fee may be added in the future, he said. The initiative, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/de5b87e9-c7de-4507-9020-e11082f2b00b\/THIS%20MORNING:%20EGA%20eyes%20acquisition%20of%20Brazil%E2%80%99s%20Companhia%20Brasileira%20de%20Alum%C3%ADnio?%20%20%20Revolut%20CEO%20moves%20residency%20to%20UAE=\" style=\"\" rel=\"noopener\">launched last month<\/a>, has already onboarded 500 startups and 1.5k members in 50 days to help them scale both locally and internationally.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1-<\/strong><a target=\"_blank\" id=\"kix.93t0sved5sne\" rel=\"noopener\"><\/a> <strong>Dana <\/strong><strong>G<\/strong><strong>as\u2019 liqu<\/strong><strong>id storage tank at its Khor Mor facility in the Kurdistan Region of Iraq <\/strong><strong>was struck by a<\/strong><strong> rocket attack yesterday<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/2104.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. The strike caused a fire, but no injuries, and operations were halted to assess the damage. Authorities did not disclose who was behind the attack, and it\u2019s not clear if operations have returned to normal or what the scale of the damage is so far. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not a first: <\/strong>A drone strike \u201ctargeted the [field\u2019s] vicinity\u201d <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/67691c9c-e80b-49ad-b344-1ad7988720d8\/\" style=\"\" rel=\"noopener\">earlier this year<\/a>, though the company\u2019s operations were unaffected. Drone attacks on the wider region earlier in July had slashed crude output by 140k barrels to 150k barrels per day, with local officials previously claiming Iran-backed militias were likely behind the attacks. Dana Gas and Crescent Petroleum <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/46c9be5d-0589-45d1-b2ff-66703c212bcb\/%253cmark%253edana%253c%2Fmark%253e-gas,-crescent-petroleum-kick-off-operations-at-khor-mor-expansion-in-iraq-ahead-of-time-%2B-cme-group,-ubs-expand-in-the-uae\" style=\"\" rel=\"noopener\">began<\/a> commercial gas sales from Iraq\u2019s Khor Mor gas field expansion project ahead of schedule last month.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a><strong> #2- Ripple stablecoin gets ADGM approval: <\/strong>Abu Dhabi\u2019s Financial Services Regulatory Authority has added Ripple\u2019s USD-backed stablecoin, Ripple USD (RLUSD), to its list of approved stablecoins, allowing licensed ADGM firms to use it for payments, settlement, and on\/off-ramp integrations, according to a <a target=\"_blank\" href=\"https:\/\/ripple.com\/ripple-press\/rlusd-recognized-as-accepted-fiat-referenced-token-for-use-within-abu-dhabis-adgm\/\" style=\"\" rel=\"noopener\">statement<\/a>. Issued under a New York Financial Services Department trust charter, RLUSD\u2019s market cap has crossed USD 1.2 bn since launching last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The approval adds to a growing list of regulated tokens. <\/strong>The ADGM also <a target=\"_blank\" href=\"https:\/\/tether.io\/news\/tethers-usdt-recognized-as-accepted-virtual-asset-in-adgm\/#:~:text=%E2%80%9CThis%20milestone%20underscores%20Tether'\" rel=\"noopener\">recognized<\/a> Tether\u2019s USD\u20ae as a regulated stablecoin late last year, along with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/675c9499-b02a-4f5a-88cc-48a0c63566c8\/ae-coin-receives-the-final-green-light-for-launch-from-cbuae\" style=\"\" rel=\"noopener\">AED-backed AE Coin<\/a>. Meanwhile, the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/91a15ff4-bac7-4f2a-a0d7-335d15eb30fe\/pe-firm-kkr-expands-to-abu-dhabi-%2B-zand-aed-backed-stablecoin-gets-approval\" style=\"\" rel=\"noopener\">Central Bank of the UAE (CBUAE) recently approved Zand AED<\/a> \u2014 the country\u2019s first multi-chain, AED-backed public stablecoin \u2014 and IHC, ADQ, and First Abu Dhabi Bank are also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/72308412-6ef3-4cc5-b051-e35c453f7849\/abu-dhabi-powerhouses-plan-aed-backed%253cmark%253e-stablecoin%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">developing<\/a> a CBUAE-regulated AED token on the ADI blockchain.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The UAE is getting ready for a post-quantum future<\/strong><strong>: <\/strong>The UAE has adopted a National Encryption Policy and issued its executive regulation, requiring government entities to shift from traditional encryption to post-quantum cryptography, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/15w563h-uae-announces-approval-national-encryption-policy\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The move is meant to future-proof national systems against quantum-computing risks and strengthen the country\u2019s digital infrastructure as it pushes to position itself as a global AI and advanced-tech hub. Post-quantum cryptography is a new method of encryption protecting against cyberthreats from more advanced quantum computers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How implementation will work: <\/strong>The UAE Cybersecurity Council will oversee the national migration, coordinating with government bodies on transition plans and setting technical standards. It will also run system-readiness assessments \u2014 spanning AI, software, hardware, and signal reliability \u2014 to ensure government and private entities meet national and international security benchmarks before broad deployment.<\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE banks lift investments, expand branch network in 3Q: <\/strong>Banks\u2019 investments in monetary bills and Islamic certificates of deposit rose 17% q-o-q and 24.7% y-o-y to AED 300.4 bn in 3Q 2025, according to the Central Bank of the UAE\u2019s latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/2120.pdf\" style=\"\" rel=\"noopener\">quarterly report (pdf)<\/a>. Locally incorporated banks increased their footprint to 24 banks with 457 branches, up from 444 branches across 23 banks in the previous quarter, while foreign-bank branches held steady at 67.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Foreign assets climb:<\/strong> The Central Bank\u2019s foreign assets inched up 0.8% q-o-q to AED 977 bn, supported by a 14.8% jump in foreign investments and a 15.4% rise in other foreign assets, which together offset a sharp drop in deposits held abroad. Foreign assets rose 19.4% on a y-o-y basis.<\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- A Dubai Chambers of Commerce delegation is in Malaysia and Cambodia <\/strong><strong>until <\/strong><strong>Friday, 28 November <\/strong>to explore investment and potential partnerships for Dubai companies, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmv1zcj-dubai-chamber-commerce-launches-trade-mission\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The mission includes meetings with government bodies, major companies, and one-on-one business sessions to build long-term trade and investment ties. Delegates will study local investment environments and prospects to potentially expand to those markets to support export and re-export growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Meanwhile, a mission led by Malaysia\u2019s Entrepreneur Development and Cooperative<\/strong><strong>s Ministry is in <\/strong><strong>Dubai this week<\/strong>, with meetings scheduled across major business hubs through Friday, <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/News\/330786\/Malaysia-mission-to-Dubai-targets-franchise-business%2C-trade-expansion\" style=\"\" rel=\"noopener\">Trade Arabia<\/a> reports. The delegation \u2014 which includes representatives from Malaysian franchisors, SMEs, and investors \u2014 is courting UAE investors, buyers, and prospective master-franchise partners as it looks to expand Malaysian brands in the GCC and deepen bilateral trade and investment ties.<\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All eyes are still on the Hong Kong fire, which has so far killed 94 people, with scores still <\/strong><strong>missing, and the White House shooting<\/strong>, which killed a National Guard member. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/fbi-probes-gunmans-motives-ambush-shooting-guardsmen-near-white-house-2025-11-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/us-news\/d-c-shooting-suspect-worked-with-cia-in-afghanistan-a5c19703?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/11\/27\/us\/national-guard-shooting-dc\" style=\"\" rel=\"noopener\">New York Times<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Unsafe scaffolding and foam materials used during maintenance work at the residential building in Hong Kong that caught fire might be the culprit<\/strong> behind the rapid spreading of the fire, police have alleged. Several employees and consultants at the construction firm that built the building have been arrested. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/news\/2025\/nov\/27\/hong-kong-fire-tai-po-police-blame-construction-company\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/hong-kong-fire-live-four-killed-blaze-engulfs-apartment-building-tai-po-2025-11-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/11\/27\/world\/asia\/hong-kong-fire-tai-po-apartment-buildings.html\" style=\"\" rel=\"noopener\">NYT<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- A controversial new 1.1km oil pipeline agreement that will link Canada\u2019s Alberta oil sands to the Pacific coast has already received tons of backlash<\/strong> from environmentalist groups and other Canadian cabinet members, with Culture Minister and former Environment Minister Steven Guilbeault resigning on the news. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The pipeline will likely impact indigenous communities in the region and could have potential environmental repercussions<\/strong>, critics say. The megaproject comes as Canada looks to shift its economy away from an overreliance on the US economy. Canada supplies around 60% of US oil imports. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/29e0a13f-c7c7-4e91-9d22-73aeee31a6e1\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/nov\/27\/mark-carney-alberta-oil-pipeline-deal-canada-first-nations\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/11\/27\/world\/canada\/alberta-oil-pipeline-climate-change.html\" style=\"\" rel=\"noopener\">NYT<\/a>) <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. 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data-attachment-id=\"109908\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/ad-ports-exits-nmdc-through-aed-1-6-bn-sale-to-alpha-dhabi\/274-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/274.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"274.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/274.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/274.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109907\" class=\"content-area-description single-story post-109907 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-ad-ports tag-ad-ports-group tag-alpha-dhabi tag-ma-watch tag-nmdc 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\/.64137dc5-9cbf-4ea2-b229-e5dd679cfedd.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Al<\/strong><strong>p<\/strong><strong>ha Dhab<\/strong><strong>i\u2019s NMDC holding just got a little bigger: <\/strong>ADQ-backed AD Ports Group sold its entire 9.77% stake \u2014 or 82.5 mn shares \u2014 in National Marine Dredging Company (NMDC) to its majority owner, IHC subsidiary Alpha Dhabi, in an AED 1.6 bn (USD 436 mn) block trade, according to two separate bourse disclosures (<a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/2112.pdf\" style=\"\" rel=\"noopener\">here, pdf<\/a> and <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/2115.pdf\" style=\"\" rel=\"noopener\">here, pdf<\/a>). The sale brings Alpha Dhabi\u2019s holding in NMDC to 76.68%. The transaction has already been finalized. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The sale generated a 17% total shareholder return over the three years during which it held the stake<\/strong><span style=\"background-color: transparent;\">, based on dividends and capital gains relative to its 3Q 2025 book value. The port operator acquired the stake before NMDC\u2019s IPO in 2022 from ADQ.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is AD Ports' third divestment this year.<\/strong> The sale is part of the firm\u2019s ongoing plan to offload non-core assets and recycle capital into higher-return projects. It sold plots of land in Kezad to Mira Developments for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/00f73e0b-9ad6-4abc-9c71-320a26ef1486\/Mira%20Developments%20to%20launch%20AED%202.5%20bn%20mixed-use%20project%20on%20AD%20Ports%20land\" style=\"\" rel=\"noopener\">AED 2.5 bn<\/a> and two logistics warehouses to Aldar Properties for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dd873da6-6313-4654-b190-3e791701452e\/aldar-buys-aed-570-mn-logistics-assets-from-ad-ports\" style=\"\" rel=\"noopener\">AED 570 mn<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move also comes as <\/strong><strong>Alpha Dhabi<\/strong><strong> shuffles its portfolio.<\/strong> The group recently exited its stake in Modon alongside IHC Real Estate in an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7340350d-02ea-4812-8458-472152c93fd7\/ihc-sells-modon-stake,-closer-to-acquiring-stake-in-india%25e2%2580%2599s-sammaaan-capital\" style=\"\" rel=\"noopener\">AED 26.3 bn<\/a> sale to L\u2019imad Holding as part of a sector-exposure review. It also bootes its stake in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a004fb1a-1b68-4ba2-a412-3aa922648a5b\/alpha-dhabi-holding-ups-its%253cmark%253e-national-corporation-for-tourism%253c%2Fmark%253e-and-hotels-stake-to-73.73%2525\" style=\"\" rel=\"noopener\">National Corporation for Tourism and Hotels to 73.73%<\/a> earlier this year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>NMDC in a nutshell: <\/strong>The ADX-listed engineering and marine EPC group reported a 26% y-o-y rise in net income to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/05b089cb-ac39-495b-9c8e-da7de73beecc\/on-the-3q-earnings-menu-today:%253cmark%253e-nmdc%253c%2Fmark%253e-group,-alef-education,-dfm\" style=\"\" rel=\"noopener\">AED 2.8 bn in 9M 2025<\/a>, with revenue up 11% to AED 20.5 bn. Its backlog stood at AED 62.3 bn as of September. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax:<\/strong> AD Ports\u2019 shares were down 1.1% to AED 4.30 apiece at market close yesterday, while NMDC shed 0.4% to AED 21.12 and Alpha Dhabi rose 0.9% to AED 8.78 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\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ad-ports-group\/\">AD Ports Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/alpha-dhabi\/\">Alpha Dhabi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/nmdc\/\">NMDC<\/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=\"109909\" 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=\"109909\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/gulfnav-finally-seals-aed-3-2-bn-acquisition-of-brooges-assets\/\">\r\n                            GulfNav seals long-pending AED 3.2 bn acquisition of Brooge\u2019s assets                        <\/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\/28\/gulfnav-finally-seals-aed-3-2-bn-acquisition-of-brooges-assets\/\" 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 move, originally due for completion in 2Q, gives GulfNav full control of Brooge\u2019s storage and blending assets in Fujairah, one of the region\u2019s key oil logistics hubs, effectively integrating storage capacity into its wider maritime logistics platform.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">How we got here: <\/strong><span style=\"background-color: transparent;\">GulfNav settled the transaction through <\/span><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-brooge-energy\" rel=\"noopener\">a capital increase<\/a><span style=\"background-color: transparent;\"> which lifted its paid-up capital by some <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f24040d1-ebeb-4e1e-a70a-07bb3e80f38b\/%252525d9%25252585%252525d8%252525b3%252525d8%252525a7%252525d9%25252587%252525d9%25252585%252525d9%25252588-%252525d8%252525b4%252525d8%252525b1%252525d9%25252583%252525d8%252525a9%2525253cmark%2525253e-%252525d8%252525a7%252525d9%25252584%252525d8%252525ae%252525d9%25252584%252525d9%2525258a%252525d8%252525ac-%252525d9%25252584%252525d9%25252584%252525d9%25252585%252525d9%25252584%252525d8%252525a7%252525d8%252525ad%252525d8%252525a9%2525253c%25252Fmark%2525253e-%252525d9%2525258a%252525d9%25252588%252525d8%252525a7%252525d9%25252581%252525d9%25252582%252525d9%25252588%252525d9%25252586-%252525d8%252525b9%252525d9%25252584%252525d9%25252589-%252525d8%252525a7%252525d9%25252584%252525d8%252525a7%252525d8%252525b3%252525d8%252525aa%252525d8%252525ad%252525d9%25252588%252525d8%252525a7%252525d8%252525b0-%252525d8%252525b9%252525d9%25252584%252525d9%25252589-%252525d8%252525a3%252525d8%252525b5%252525d9%25252588%252525d9%25252584-%252525d8%252525a8%252525d8%252525b1%252525d9%25252588%252525d8%252525ac-%252525d9%25252584%252525d9%25252584%252525d8%252525b7%252525d8%252525a7%252525d9%25252582%252525d8%252525a9-%252525d9%25252585%252525d9%25252582%252525d8%252525a7%252525d8%252525a8%252525d9%25252584-3.3-%252525d9%25252585%252525d9%25252584%252525d9%2525258a%252525d8%252525a7%252525d8%252525b1-%252525d8%252525af%252525d8%252525b1%252525d9%25252587%252525d9%25252585\" rel=\"noopener\">220% to around AED<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f24040d1-ebeb-4e1e-a70a-07bb3e80f38b\/%252525d9%25252585%252525d8%252525b3%252525d8%252525a7%252525d9%25252587%252525d9%25252585%252525d9%25252588-%252525d8%252525b4%252525d8%252525b1%252525d9%25252583%252525d8%252525a9%2525253cmark%2525253e-%252525d8%252525a7%252525d9%25252584%252525d8%252525ae%252525d9%25252584%252525d9%2525258a%252525d8%252525ac-%252525d9%25252584%252525d9%25252584%252525d9%25252585%252525d9%25252584%252525d8%252525a7%252525d8%252525ad%252525d8%252525a9%2525253c%25252Fmark%2525253e-%252525d9%2525258a%252525d9%25252588%252525d8%252525a7%252525d9%25252581%252525d9%25252582%252525d9%25252588%252525d9%25252586-%252525d8%252525b9%252525d9%25252584%252525d9%25252589-%252525d8%252525a7%252525d9%25252584%252525d8%252525a7%252525d8%252525b3%252525d8%252525aa%252525d8%252525ad%252525d9%25252588%252525d8%252525a7%252525d8%252525b0-%252525d8%252525b9%252525d9%25252584%252525d9%25252589-%252525d8%252525a3%252525d8%252525b5%252525d9%25252588%252525d9%25252584-%252525d8%252525a8%252525d8%252525b1%252525d9%25252588%252525d8%252525ac-%252525d9%25252584%252525d9%25252584%252525d8%252525b7%252525d8%252525a7%252525d9%25252582%252525d8%252525a9-%252525d9%25252585%252525d9%25252582%252525d8%252525a7%252525d8%252525a8%252525d9%25252584-3.3-%252525d9%25252585%252525d9%25252584%252525d9%2525258a%252525d8%252525a7%252525d8%252525b1-%252525d8%252525af%252525d8%252525b1%252525d9%25252587%252525d9%25252585\" rel=\"noopener\">1.<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f24040d1-ebeb-4e1e-a70a-07bb3e80f38b\/%252525d9%25252585%252525d8%252525b3%252525d8%252525a7%252525d9%25252587%252525d9%25252585%252525d9%25252588-%252525d8%252525b4%252525d8%252525b1%252525d9%25252583%252525d8%252525a9%2525253cmark%2525253e-%252525d8%252525a7%252525d9%25252584%252525d8%252525ae%252525d9%25252584%252525d9%2525258a%252525d8%252525ac-%252525d9%25252584%252525d9%25252584%252525d9%25252585%252525d9%25252584%252525d8%252525a7%252525d8%252525ad%252525d8%252525a9%2525253c%25252Fmark%2525253e-%252525d9%2525258a%252525d9%25252588%252525d8%252525a7%252525d9%25252581%252525d9%25252582%252525d9%25252588%252525d9%25252586-%252525d8%252525b9%252525d9%25252584%252525d9%25252589-%252525d8%252525a7%252525d9%25252584%252525d8%252525a7%252525d8%252525b3%252525d8%252525aa%252525d8%252525ad%252525d9%25252588%252525d8%252525a7%252525d8%252525b0-%252525d8%252525b9%252525d9%25252584%252525d9%25252589-%252525d8%252525a3%252525d8%252525b5%252525d9%25252588%252525d9%25252584-%252525d8%252525a8%252525d8%252525b1%252525d9%25252588%252525d8%252525ac-%252525d9%25252584%252525d9%25252584%252525d8%252525b7%252525d8%252525a7%252525d9%25252582%252525d8%252525a9-%252525d9%25252585%252525d9%25252582%252525d8%252525a7%252525d8%252525a8%252525d9%25252584-3.3-%252525d9%25252585%252525d9%25252584%252525d9%2525258a%252525d8%252525a7%252525d8%252525b1-%252525d8%252525af%252525d8%252525b1%252525d9%25252587%252525d9%25252585\" rel=\"noopener\">7 bn<\/a><span style=\"background-color: transparent;\">. The structure included fresh equity issued to Brooge shareholders through AED 2.3 bn in mandatory convertible bonds (MCB), an <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0bb7e2de-5eee-4485-98aa-9746868081c1\/this-morning:-gulfnav-wraps-bond-sale-to-fund-brooge-m&amp;a-play-%2B-sca-issues-goodwill-framework-for-public-firms\" rel=\"noopener\">AED 500 mn MCB tranche<\/a><span style=\"background-color: transparent;\"> taken up by existing shareholders, and AED 460 mn in banknotes.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This puts GulfNav on course for a projected paid-up capital of about AED 3.5 bn <\/strong>once all bonds convert. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Leaning<\/strong><strong> further up the energy chain: <\/strong>Post-acquisition, the group plans to expand into refining, renewables, and clean fuels and energy infrastructure projects, while continuing to grow its core shipping and logistics operations, the release says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also in the pipeline: <\/strong>Brooge is advancing plans for a 15k bbl \/ d gasoline refinery in Fujairah \u2014 announced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3a1de21c-9e9b-4b56-9a30-92fb280f1cb9\/adipec-day-three:-movement-on-petrochems,-oil-and-gas,-and-saf-projects-in-the-uae\" style=\"\" rel=\"noopener\">earlier this month<\/a> \u2014 under an agreement with Honeywell. The project\u2019s first phase is set to use advanced refining and processing technologies, adding a downstream component to the asset base GulfNav is taking over.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>GulfNav appointed Trussbridge Advisory as its exclusive financial advisor, and Pinsent Masons as lead counsel. Law firm Ibrahim &amp; Partners provided advice on transaction structuring and related regulatory aspects.<\/p>\n<p class=\"tag-border-left\">IN OTHER M&amp;A NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Platinum acquires healthtech firm: <\/strong>UAE-based business and investment firm <a target=\"_blank\" href=\"https:\/\/www.platinumgroupuae.com\/\" style=\"\" rel=\"noopener\">Plati<\/a><a target=\"_blank\" href=\"https:\/\/www.platinumgroupuae.com\/\" style=\"\" rel=\"noopener\">n<\/a><a target=\"_blank\" href=\"https:\/\/www.platinumgroupuae.com\/\" style=\"\" rel=\"noopener\">um<\/a><a target=\"_blank\" href=\"https:\/\/www.platinumgroupuae.com\/\" style=\"\" rel=\"noopener\">Group<\/a> acquired an unspecified majority stake in Abu Dhabi-based digital health firm Prepaire Labs for an undisclosed sum, as they seek to build what they say is the world\u2019s first AI-enabled biomanufacturing facility, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/2132.pdf\" style=\"\" rel=\"noopener\">joint statement (pdf)<\/a>. The companies say the new platform will give clinics and researchers a single system they can tap into, using medical test data, digital versions of a patient\u2019s health records, and secure computing power to help develop faster and more accurate treatments.<\/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\/brooge-energy\/\">Brooge Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/gulfnav\/\">GulfNav<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/healthcare\/\">Healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109911 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=\"109911\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/109911-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109911\" class=\"content-area-description single-story post-109911 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=\"109912\" 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=\"109912\">\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\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/taqa-dubal-holding-take-over-egas-power-and-water-generation-assets-eye-boosting-clean-power-capacity-for-ega\/\">\r\n                            Taqa, Dubal Holding take over EGA\u2019s power and water generation assets, eye boosting clean power capacity for EGA                        <\/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\/28\/taqa-dubal-holding-take-over-egas-power-and-water-generation-assets-eye-boosting-clean-power-capacity-for-ega\/\" target=\"_blank\">\n                    Open in 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EGA\u2019s power and water generation assets, eye boosting clean power capacity for EGA\">\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=Taqa%2C+Dubal+Holding+take+over+EGA%E2%80%99s+power+and+water+generation+assets%2C+eye+boosting+clean+power+capacity+for+EGA+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F11%2F28%2Ftaqa-dubal-holding-take-over-egas-power-and-water-generation-assets-eye-boosting-clean-power-capacity-for-ega%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\/28\/taqa-dubal-holding-take-over-egas-power-and-water-generation-assets-eye-boosting-clean-power-capacity-for-ega\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1972.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109913\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/taqa-dubal-holding-take-over-egas-power-and-water-generation-assets-eye-boosting-clean-power-capacity-for-ega\/1972-jpg-18\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1972.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1972.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1972.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1972.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109912\" class=\"content-area-description single-story post-109912 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-emirates-global-aluminium tag-emirates-water-and-electricity-company tag-energy tag-enterpriseam-uae tag-taqa 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\/.34930ac5-6b1b-4c06-9cbb-730bf388e282.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>EGA to get more clean power through new agreements:<\/strong> Emirates Global Aluminium (EGA), Abu Dhabi National Energy Company (Taqa), Dubal Holding, and Emirates Water and Electricity Company (Ewec) have signed a series of agreements to boost EGA\u2019s access to clean energy supply in the near future, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/2105.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What\u2019s actually happening: <\/strong><span style=\"background-color: transparent;\">Taqa and Dubal Holding are acquiring EGA\u2019s power and water generation assets in Al Taweelah for USD 1.9 bn (AED 7 bn), while EGA will instead become a customer under an offtake agreement with Taqa Distribution and Ewec that will provide it with 23 TWh of power annually for 24 years. Taqa Transmission will take over the power transmission assets and increase interconnection capacity from the main Abu Dhabi grid to EGA\u2019s site, raising it to 3.36 GVA from the current 640 MVA. The upgrade, designed to boost clean energy supply as more renewable energy sources are linked to the grid over time, is scheduled for completion in 2027.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The assets will be transferred to a joint venture (JV) equally owned by Taqa and Dubal<\/strong>, with a new company managed by Taqa and EGA running operations. Ewec will buy up all electricity from the Taweelah plant through 2049.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the facility:<\/strong> Al Taweelah facility is the third largest power plant in Abu Dhabi, delivering 3.1 GW of electricity and 6.25 mn gallons of desalinated water per day, using high\u2011efficiency, combined\u2011cycle gas turbines and reverse osmosis technology.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The linking of EGA\u2019s assets to the grid will help reduce<\/strong><strong> gas consumption per unit of electricity generated<\/strong>, and reduce greenhouse gas emissions by 3.5 mn tonnes by 2035. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- EGA plans to boost its production of CelestiAL solar aluminum and MinimAL low\u2011carbon aluminum <\/strong><strong>\u2014<\/strong><strong> made using nuclear power <\/strong><strong>\u2014<\/strong><strong> to nearly half of its total output by 2028<\/strong>, subject to market demand. The firm will hike up production starting this quarter, the disclosure says.<\/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\/emirates-global-aluminium\/\">Emirates Global Aluminium<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-water-and-electricity-company\/\">Emirates Water and Electricity Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/taqa\/\">Taqa<\/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=\"109914 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=\"109914\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/109914-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109914\" class=\"content-area-description single-story post-109914 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.facebook.com\/HassanAllamProperties?_rdc=1&amp;_rdr#\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/424.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=\"109915\" 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=\"109915\">\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\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/several-indian-uae-firms-announce-cross-border-investments\/\">\r\n                            Several Indian + UAE firms announce cross-border investments                        <\/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\/28\/several-indian-uae-firms-announce-cross-border-investments\/\" 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 fund is anchored by Ved Family Office and Indian investment firm Ananta Capital. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The fund and accelerator will focus on Indian companies across sectors<\/strong><span style=\"background-color: transparent;\"> <\/span><strong style=\"background-color: transparent;\">like<\/strong><span style=\"background-color: transparent;\"> food and beverage, consumer brands, chemicals, automotive, advanced manufacturing and industrial products. The IGF will partner with DP World to use its logistics network for market-entry support.<\/span><\/p>\n<p class=\"tag-border-left\">MANUFACTURING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.asianpaintsarabia.com\/content\/uae\/en\/home.html\" style=\"\" rel=\"noopener\">Berger Paints Emirates<\/a><\/strong><strong>, a subsidiary of Mumbai-based <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.asianpaints.com\/\" style=\"\" rel=\"noopener\">Asian<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.asianpaints.com\/\" style=\"\" rel=\"noopener\">Paints<\/a><\/strong><strong>, plans to set up a second paint manufacturing facility<\/strong> <strong>at Khalifa Economic Zones Abu Dhabi <\/strong>in the UAE with an investment of AED 140 mn (INR 3.4 bn), according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/2147.pdf\" style=\"\" rel=\"noopener\">statement (pdf).<\/a> The plant will span 100k sqm and is expected to have an initial paint production capacity of 55.8k kiloliters per year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.jkcement.com\/\" style=\"\" rel=\"noopener\">JK Cement<\/a><\/strong><strong> is setting up a new AED 6 mn manufacturing facility within the Ras Al Khaimah Economic Zone (RAKEZ)<\/strong> to produce advanced construction chemicals and additives, as per a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/jk-cement-expands-regional-presence-with-aed-6mln-manufacturing-facility-in-ras-al-khaimah-ss5spaje\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p class=\"tag-border-left\">PRIVATE CREDIT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai-based <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.aditumim.com\/\" style=\"\" rel=\"noopener\">Aditum Investment Management<\/a><\/strong><strong> plans to raise up to USD 50 mn to fund <\/strong><strong>fintech Wizz Financial\u2019s gold-backed private credit strategy in India <\/strong>as part of its expansion, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/2025\/11\/27\/uae-company-to-raise-50-million-to-expand-gold-lending-programme-in-india\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. The first USD 25 mn tranche is set to close by 10 December, with a second due in early 2026. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aditum, which manages USD 9.68 bn across the Gulf, is targeting regional institutional and retail investors for the fundraise.<\/strong> Wizz Financial, backed by Abu Dhabi Capital Group, operates 300 Unimoni branches, which functions as a financial services network offering foreign exchange, remittances, payments and small-ticket credit, acting as a local financial hub for rural customers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/manufacturing\/\">MANUFACTURING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-india-relations\/\">UAE-India relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109917\" 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=\"109917\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">REGULATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/dubai-introduces-tighter-regulations-for-trading-petroleum-products\/\">\r\n                            Dubai introduces tighter regulations for trading petroleum products                        <\/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\/28\/dubai-introduces-tighter-regulations-for-trading-petroleum-products\/\" 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\/28\/dubai-introduces-tighter-regulations-for-trading-petroleum-products\/')\">\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\/28\/dubai-introduces-tighter-regulations-for-trading-petroleum-products\/\">\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=Dubai introduces tighter regulations for trading petroleum products&url=https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/dubai-introduces-tighter-regulations-for-trading-petroleum-products\/\">\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\/28\/dubai-introduces-tighter-regulations-for-trading-petroleum-products\/&title=Dubai introduces tighter regulations for trading petroleum products\">\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=Dubai+introduces+tighter+regulations+for+trading+petroleum+products+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2025%2F11%2F28%2Fdubai-introduces-tighter-regulations-for-trading-petroleum-products%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\/28\/dubai-introduces-tighter-regulations-for-trading-petroleum-products\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/679.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109918\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/dubai-introduces-tighter-regulations-for-trading-petroleum-products\/679-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/679.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"679.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/679.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/679.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109917\" class=\"content-area-description single-story post-109917 post type-post status-publish format-standard has-post-thumbnail hentry category-regulation-watch tag-dubai tag-energy tag-enterpriseam-uae tag-oil-and-gas tag-regulation-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\/.f569dd51-2963-4b5c-83bd-9700cbda73ce.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>T<\/strong><strong>he Dubai g<\/strong><strong>overnment has introduced new regulations to tighten oversight <\/strong><strong>of <\/strong><strong>petroleum products trading<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/november\/27-11\/hamdan-bin-mohammed-issues-resolution-regulating-petroleum\" style=\"\" rel=\"noopener\">statement<\/a>. The regulations cover the import, manufacturing, storage, transport, sale, and supply of petroleum products.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Dubai\u2019s Supreme Council of Energy will now oversee petroleum products trading<\/strong><span style=\"background-color: transparent;\">, with responsibilities including setting competition rules, approving technical standards, and ensuring compliance with health, safety, and environmental regulations. It will also manage permits, decide the number and placement of fuel stations under the Dubai Urban Plan, and regulate transport vehicles, storage facilities, and household gas cylinders.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A tighter grip:<\/strong> The Council can also cancel permits, close facilities, revoke licenses, and seize or re\u2011export non\u2011compliant petroleum products and vehicles. Offenders must repair damages and restore affected sites at their own expense, with an additional 25% administrative fee if the Council intervenes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The new regulations add stricter compliance obligations for operators<\/strong>, including a requirement to register with the Energy and Infrastructure Ministry, display prices clearly, and report incidents within 24 hours. Violations carry fines of up to AED 1 mn, with penalties doubled for repeat offenses. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>When will this take effect?<\/strong> Existing operators must comply within one year of the resolution\u2019s enactment, with a possible one\u2011year extension subject to approval. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s been in the works for a while: <\/strong>Dubai\u2019s Supreme Council of Energy signed an MoU with The Abu Dhabi Department of Energy signed an MoU during Adipec earlier this month to coordinate petroleum trading regulations and LPG and diesel monitoring, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmkxloq-abu-dhabi-department-energy-dubai-supreme-council\" style=\"\" rel=\"noopener\">Wam<\/a> reported at the time. The agreements set a framework to streamline licensing, storage, transport, and inspections in line with safety and environmental standards, and established unified procedures, joint oversight, and data sharing to improve efficiency and transparency, supporting national sustainability goals.<\/p>\n<p class=\"tag-border-left\">OTHER REGULATION NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADGM Financial Services Regulatory Authority (FSRA) is requesting feedback o<\/strong><strong>n new proposed updates <\/strong><strong>to its ins. regulatory framework<\/strong> and requirements for climate-related financial risks, according to a <a target=\"_blank\" href=\"https:\/\/www.adgm.com\/media\/announcements\/adgm-fsra-launches-consultation-on-enhancements-to-insurance-regulatory-framework-and-climate-risk-management\" style=\"\" rel=\"noopener\">statement<\/a>. The amendments aim to align regulations with the International Association of Ins. Supervisors\u2019 (IAIS) Ins. Core Principles. Feedback on the <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/2037.pdf\" style=\"\" rel=\"noopener\">consultation paper (pdf)<\/a> is open until 30 January 2026. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Changes include updates relating to reinsurer selection, the monitoring and reporting of reins. claims, and how reins. contracts would operate in an insolvency scenario<\/strong>, though the proposal does not specify the criteria or processes involved. It also proposes treating ceding insurers and brokers as market counterparties for reins. purposes, removing client-classification requirements, and repealing routine quarterly returns for captive insurers \u2014 which are ins. firms set up to provide ins. for their own parent firms \u2014 unless requested.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The paper also proposes expanded expectations for ins. special purpose vehicles<\/strong>, referencing investment, collateral, and internal-controls considerations, but without detailing the specific requirements.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Conduct-of-business rules:<\/strong> The FSRA proposes changes to require ins. firms to work only with entities appropriately authorized in their home jurisdictions, set clearer expectations for product development, require the withdrawal of promotional material considered unclear, unfair, or misleading, and clarify when advice must be given, how it must be documented, and when clients should be referred to independent advice. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IFRS 17 and other updates: <\/strong>The FSRA also plans to implement International Financial Reporting Standard 17 (IFRS 17) Ins. Contracts through further amendments, without disclosing details on what that will entail. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Climate-risk requirements: <\/strong>All ins. firms would be required to assess whether climate-related financial risks are material to their businesses, manage any material risks proportionately, factor them into capital adequacy assessments, and make related disclosures.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/regulation-watch\/\">REGULATION 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=\"109919\" 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=\"109919\">\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\/28\/hasan-al-nowais-appointed-industry-and-advanced-tech-industry-undersecretary\/\">\r\n                            Hasan Al Nowais appointed Industry and Advanced Tech Industry undersecretary                        <\/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\/28\/hasan-al-nowais-appointed-industry-and-advanced-tech-industry-undersecretary\/\" target=\"_blank\">\n      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photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2136.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109920\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/hasan-al-nowais-appointed-industry-and-advanced-tech-industry-undersecretary\/2136-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2136.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2136.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2136.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2136.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109919\" class=\"content-area-description single-story post-109919 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-enterpriseam-uae tag-healthcare tag-moves 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\/.4f403347-3b6a-4b02-81c0-4ccbabc07bc9.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE<\/strong><strong> President appoints new undersecretary: <\/strong>President Mohamed bin Zayed Al Nahyan named Hasan Al Nowais (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/hasan-jasem-al-nowais-77a83039\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) as undersecretary of the Industry and Advanced Technology Ministry by federal decree, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmxfp2a-uae-president-issues-federal-decree-appointing\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Al Nowais brings over 20 years\u2019 expertise across the healthcare and hospitality sectors. <\/strong><span style=\"background-color: transparent;\">He is currently managing director and group CEO of M42 Health, and previously served as CEO of Mubadala Health and chief administrative officer of Cleveland Clinic Abu Dhabi.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/healthcare\/\">Healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109921\" 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=\"109921\">\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\/28\/keeta-is-now-in-sharjah\/\">\r\n                            Keeta is now in Sharjah                        <\/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\/28\/keeta-is-now-in-sharjah\/\" 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\/28\/keeta-is-now-in-sharjah\/')\">\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\/28\/keeta-is-now-in-sharjah\/\">\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=Keeta is now in Sharjah&url=https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/keeta-is-now-in-sharjah\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            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<div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/keeta-is-now-in-sharjah\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2134.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"109922\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/keeta-is-now-in-sharjah\/2134-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2134.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2134.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2134.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2134.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109921\" class=\"content-area-description single-story post-109921 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-crypto tag-dubai-insurance tag-enterpriseam-uae tag-fitch-ratings tag-infrastructure tag-manufacturing tag-sharjah tag-uae-china-relations wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.3c00a78f-0912-4851-b526-51e90ee42260.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">LOGISTICS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Keeta <\/strong><strong>launches in Sharjah: <\/strong>Keeta, the food delivery arm of Chinese consumer service tech giant Meituan, has expanded into Sharjah, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/keeta-launches-in-sharjah-a-key-milestone-in-its-uaeexpansion-journey-ho00987a\" style=\"\" rel=\"noopener\">press release<\/a>. The move follows on from its already-established presence in Dubai and Abu Dhabi. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">ICYMI- Keeta plans to invest heavily in the UAE:<\/strong><span style=\"background-color: transparent;\"> <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3ea278ba-4708-445b-b1a3-26e2e24c48b0\/this-morning:-fuel-prices-rise-in-october-%2B-spinneys-ventures-outside-of-the-gulf-with-first-stores-in-philippines\" rel=\"noopener\">Last month<\/a><span style=\"background-color: transparent;\"> the firm said it plans to deploy hundreds of mns of USD in the country over the next 3-5 years as part of an MoU with the Investment Ministry. The agreement will see Keeta establish its UAE headquarters, introduce advanced last-mile logistics solutions including drones and autonomous vehicles, and onboard 5k UAE-based SMEs to its platform.<\/span><\/p>\n<p class=\"tag-border-left\">INFRASTRUCTURE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sharjah to build AED 60 mn bridge: <\/strong>Sharjah\u2019s ruler Sultan bin Mohammed Al Qasimi gave the green light on a project to build an AED 60 mn bridge near the Martyrs Monument to ease traffic flows from Mleiha Road, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bmxfpju-sharjah-ruler-approves-two-traffic-flow\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The project will create a continuous, non-stop route for motorists travelling from Mleiha Road to Sheikh Mohammed bin Zayed Road, and for those heading from Sheikh Khalifa Street back toward Mleiha Road.<\/p>\n<p class=\"tag-border-left\">DEBT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fitch<\/strong><strong> affirms Dubai Ins. at A with a stable outlook: <\/strong>Fitch Ratings has affirmed Dubai Ins. Company\u2019s (DIN) Insurer Financial Strength rating at A with a stable outlook, according to a <a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/insurance\/fitch-affirms-dubai-insurance-company-pjsc-at-ifs-a-outlook-stable-25-11-2025\" style=\"\" rel=\"noopener\">report<\/a>. The firm cited DIN\u2019s established franchise in the UAE market, strong capital levels, robust financial performance, and diversified income from personal, commercial, and government business lines as reasons for the rating.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead: <\/strong>Fitch said the rating could decrease if DIN were to lose major government contracts or if its capitalization values decline. Conversely, an expanded presence in the UAE market could boost its rating.<\/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\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/crypto\/\">CRYPTO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-insurance\/\">Dubai Insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fitch-ratings\/\">Fitch Ratings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/manufacturing\/\">MANUFACTURING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sharjah\/\">Sharjah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-china-relations\/\">UAE-China relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109923\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"109923\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/us-banks-are-in-for-a-usd-2-6-tn-capital-boost-from-upcoming-reforms-as-global-rivals-fear-growing-irrelevance\/\">\r\n                            US banks are in for a USD 2.6 tn capital boost from upcoming reforms, as global rivals fear growing irrelevance                        <\/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\/28\/us-banks-are-in-for-a-usd-2-6-tn-capital-boost-from-upcoming-reforms-as-global-rivals-fear-growing-irrelevance\/\" 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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That\u2019s the topic making the round<\/strong><strong>s in the business press <\/strong>as banks across the EU and the UK begin to call on regulators to also loosen strict regulations and bring down high capital buffers in fear of losing more market share to US banks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What\u2019s happening?<\/strong><span style=\"background-color: transparent;\"> Fed\u2019s vice chair of supervision Michelle Bowman is leading reforms that will lower leverage ratios to as low as 3.5%, from 5% earlier, and implement a looser form of Basel III capital level requirements and ease annual stress tests. The reforms are expected to free up some USD 2.6 tn in lending capacity for US banks, according to a Jeffries note picked up by <\/span><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-21\/banks-get-extra-2-6-trillion-from-deregulation-jefferies-says\" rel=\"noopener\">Bloomberg<\/a><span style=\"background-color: transparent;\"> and the <\/span><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/fcfd9596-a8eb-4161-b28e-91e2a3b8bdb4\" rel=\"noopener\">Financial Times<\/a><span style=\"background-color: transparent;\">, which wrote a big read on the subject.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rolling back of crisis-era capital requirements is celebrated by some and fueling concerns for others<\/strong>, with critics fearing it could reduce banks\u2019 resilience to systemic shocks, especially as it comes only two years after the collapse of several mid-sized US banks, including Silicon Valley Bank and Signature Bank. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Still, the move is expected to give Wall Street far more room to expand credit, trading, and balance-sheet activity<\/strong>, as well as bolster banks\u2019 activity in the USD 29 tn US Treasury market. It would immediately liberate as much as USD 140 bn in capital for US banks, potentially boosting loan growth, buybacks, and dividends, Alvarez &amp; Marsal said in a report picked up by the FT. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It will be good news for capital markets + investment activity:<\/strong> The move is expected to \u201cdrive a material uplift through 2026\u201d in bank activity \u2014 from lending to M&amp;A and tech investment. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But bad news for global rivals. <\/strong>European and UK banks already face stricter capital regimes and say the upcoming shift risks entrenching Wall Street dominance. One senior EU executive told FT the divergence is \u201creally bad news\u201d for competitiveness, as fears mount over the loss of more market share to US banks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Concerns have even prompted Swiss bank UBS to mull moving its headquar<\/strong><strong>ters to the US<\/strong> as it awaits a decision from the government that could hike its capital requirements by USD 26 bn, a move that aimed to toughen its stance on the lender after the Credit Suisse meltdown. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To put things in perspective: <\/strong>US banks last year occupied the top five spots for investment-banking revenue worldwide, and accounted for seven of the top 10, according to Dealogic. And the top 13 US banks are already estimated to have about USD 200 bn of excess capital above their regulatory minimums, setting them up for massive windfalls from the upcoming reforms. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So far, Europe seems unlikely to follow.<\/strong> The European Central Bank\u2019s top supervisor, Claudia Buch, said she has no plans to cut capital requirements, arguing \u201cbetter-capitalized banks are better able to lend, particularly in times of stress.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As for the UK<\/strong>, the Bank of England is reviewing its leverage regime and may adopt partial relief. Alvarez &amp; Marsal estimate that if the UK mirrors the US, British banks\u2019 capital requirements could fall by around 8%. However, analysts expect the UK to deliver only \u201chalf\u201d the relief seen in the US.<\/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<\/strong>, with South Korea\u2019s Kospi leading losses with a 1.1% decline. Japan\u2019s Nikkei, meanwhile, is down a marginal 0.1%, and Hong Kong\u2019s Hang Seng is down 0.5%. China\u2019s CSI 300 is also down 0.2%. <\/p>\n<div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tbody>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,705<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: +3.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,815<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +12.7%)<\/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>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\">4,575<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.6% (YTD: +9.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">3.5% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,641<\/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: -11.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">40,039<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.3% (YTD: +34.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,813<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.7% (YTD: +15.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">9,694<\/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\">+0.0% (YTD: +17.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,653<\/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: +14.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 63.34<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 4.63<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.6%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 4,195.80<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 91,462<\/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% (YTD: -3.2%)<\/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>Chimera JP Morgan UAE Bond UCITS ETF<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">AED 3.8<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.3 (YTD: +9.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P MENA Bond &amp; Sukuk<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">152.36<\/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: +8.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>VIX (Volatility Index)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">17.21<\/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: -0.8%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADX fell 0.3% yesterday<\/strong> on turnover of AED 2.3 bn. The index is up 3.0% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Gulf Cement Co. (+3.2%), Agthia Group (+3.1%) and National Corporation for Tourism &amp; Hotels (+1.6%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Abu Dhabi National Takaful Co. (-9.9%), Al Khaleej Investment (-5.7%) and Phoenix Group (-4.8%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the DFM<\/strong>, the index rose 0.1% on turnover of AED 444.7 mn. Meanwhile, Nasdaq Dubai was down 0.6%.<\/p>\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>Taaleem<\/strong><strong> Holdings\u2019 board of directors approved a dividend of AED 150 mn for 4Q 2025<\/strong>, at AED 0.15 fils per share, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/2125.pdf\" style=\"\" rel=\"noopener\">DFM disclosure (pdf)<\/a>. The distribution represents 15% of the company\u2019s paid-up share capital. <\/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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/us-federal-reserve\/\">US Federal Reserve<\/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=\"109925\" 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=\"109925\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">MY MORNING ROUTINE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/28\/my-morning-routine-rabi-al-yassin-business-development-and-general-manager-at-axi\/\">\r\n                            My Morning Routine: Rabi Al Yassin, business development and general manager at Axi                        <\/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\/28\/my-morning-routine-rabi-al-yassin-business-development-and-general-manager-at-axi\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Speaking to us this week is Rabi Al Yassin (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/rabi-al-yassin-0a879931\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), business development and general manager at Axi. Edited excerpts from our conversation:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I\u2019m Rabi Al Yassin, and I'm the general manager of Axi\u2019s Dubai office.<\/strong> I've been with Axi for the past 15 years, and in the industry for more than 20 years, and I'm now managing the Dubai sales team and leading Axi\u2019s growth in the Middle East and North Africa region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Axi has been an online broker since 2007. <\/strong>We\u2019re regulated with the Dubai Financial Services Authority, Australia\u2019s ASIC, and the Financial Conduct Authority in London. Our platform offers trading in products like contract for differences (CFDs), metals like gold and silver, commodities like crude oil and natural gas, currencies, and stocks as well. We\u2019ve been adding DFM stocks recently, like Salik, Dewa, and Emaar, so some of the most tradable products in the Dubai financial market. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019ve been around for a long time.<\/strong> I remember when we used to participate in expos, we were one of perhaps 40 or 50 brokers present \u2014 now it\u2019s always over 200 brokers at any event. Competition is always great, so we see that as a positive. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Securities and Commodities Authority\u2019s easing of regulation, along with the ease of setting up, has really helped to propel the industry<\/strong> and registrations of global brokerages. The government has created a very supportive and attractive environment for them to come and set up shop here. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In addition to that, the increasing population and the status of the UAE as a financial hub and safe place for high-net-worth individuals\u2019 investments<\/strong>, also makes it a great time for brokerages in the UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>People are really watching volatility in markets and following that<\/strong>, so we\u2019ve seen big moves recently in gold, for example. When it comes to CFDs, people are looking for a short-term investment, so there\u2019s a bit more speculation than when it comes to long-term investments. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Online platforms and trading have also meant that investors are getting less patient<\/strong> \u2014 they don\u2019t spend too long with market analysis and studying the charts like in the past. Now we\u2019re seeing a lot of our clients recently rely on AI for their analysis. We\u2019ve created our own solutions to help clients with that, allowing them to integrate their AI advisors into our platform. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The problem with that is the analysis you get is always only as good as your input<\/strong>, so investors won\u2019t always get the most accurate analysis or the most profitable \u2014 they have to refine their own prompts and data that they\u2019ve input for their AI advisors to get better results. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I\u2019m definitely a morning person.<\/strong> I wake up early and go to the gym, and then I go to the office and check the local and international news, and look at the numbers from the previous day and months. If there\u2019s any urgent client-related requests, I do those, and then I start going to meetings for strategy and planning. And then I usually end the day the same way I start it, by looking at numbers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>One thing that never changes is taking care of my team and making sure they\u2019re energized and excited. <\/strong>I like to also make sure the environment in the office is healthy and supportive for them to perform well. I\u2019m a strong believer that human beings are the main driver behind any success, and taking care of the team and making sure they are comfortable will always reflect well for our clients and their interactions with them. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I'm married and have three boys, so after my workday\u2019s done, spending time with the family is the best way to disconnect<\/strong> for me. I also enjoy history a lot, and I think to know the future and to be ready for it, you have to learn from the past. In our industry, looking at charts is basically history. We can analyze how price movement in the past has looked and based on that, be able to more accurately predict how things might change in the future. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>One piece of advice I have is to always learn from your mistakes and from others\u2019 mistakes<\/strong>, and always focus on learning. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/my-morning-routine\/\">MY MORNING ROUTINE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"109927\" 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\/28\/109927-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-109927\" class=\"content-area-description single-story post-109927 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;\">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), public holiday.<\/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 style=\"font-weight:400;\">12 December (Friday): Emirates NBD to launch an open offer for 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 Organization (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>30 March - 2 April (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/iaapa.org\/expos-and-events\/expo-middle-east\/on-site-information\" style=\"\">IAAPA Middle East Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">, Adnec Center, Abu Dhabi <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">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>19-22 May (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mediaoffice.abudhabi\/en\/energy\/under-the-directives-of-khaled-bin-mohamed-bin-zayed-department-of-energy-to-launch-abu-dhabi-water-power-week-in-may-2026\/\" style=\"\">Abu Dhabi Water and Energy Week<\/a><\/span><span style=\"font-weight:400;\">, Adnec Abu Dhabi Center, Abu Dhabi<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">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>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>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>AND- EGA sells power, water generation assets to Taqa, Dubal Holding.<\/p>\n","protected":false},"featured_media":109903,"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-109902","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"1f2f2457-269b-478f-971a-2372f9a4728f","teaser":"AND- EGA sells power, water generation 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