{"id":111748,"date":"2026-01-21T00:00:00","date_gmt":"2026-01-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=111748"},"modified":"2026-01-21T03:22:02","modified_gmt":"2026-01-21T03:22:02","slug":"emirates-nbd-clears-hurdle-for-takeover-in-india-while-oci-orascom-merger-faces-hurdles-in-the-netherlands","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/emirates-nbd-clears-hurdle-for-takeover-in-india-while-oci-orascom-merger-faces-hurdles-in-the-netherlands\/","title":{"rendered":"Emirates NBD clears hurdle for takeover in India, while OCI-Orascom merger faces hurdles in the Netherlands"},"content":{"rendered":"<section id=\"111750\" 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=\"111750\">\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\/2026\/01\/21\/this-morning-uae-joins-the-us-board-of-peace-autonomous-vehicle-regulation-is-coming-to-rak\/\">\r\n                            THIS MORNING: UAE joins the US\u2019 Board of Peace + Autonomous vehicle regulation is coming to RAK                        <\/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 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1197.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1197.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1197.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1197.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-111750\" class=\"content-area-description single-story post-111750 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-artificial-intelligence tag-autonomous-logistics tag-critical-minerals tag-diplomacy tag-enterpriseam-uae tag-g42 tag-investment tag-mining tag-transport tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Good morning, friends, and happy hump day. <\/strong>It\u2019s now raining M&amp;A news after weeks of near silence on that front \u2014 atypical of the UAE \u2014 which means we\u2019re officially back to business after the holidays.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Two big M&amp;A stories are worth your attention this morning:<\/strong> Overseas regulators cleared one major acquisition, namely Emirates NBD\u2019s planned takeover of India\u2019s RBL Bank, while another over in the Netherlands blocked Orascom Construction\u2019s planned merger with OCI Global to create an entity in Abu Dhabi.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Plus, other UAE firms are making smaller steps overseas<\/strong>, including AD Ports, with its acquisition of a shipyard dedicated to SOVs \u2014 vessels needed for offshore wind farms \u2014 and Dubai Holding\u2019s acquisition of a hotel in Mallorca.<\/p>\n<p class=\"tag-border-left\">Happening today<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>It\u2019s Davos week: <\/strong>World leaders, bankers, and global business leaders are in Switzerland this week for the World Economic Forum Annual Meeting, which runs through to Friday. You can go deeper on the meeting\u2019s microsite <a href=\"https:\/\/www.weforum.org\/meetings\/world-economic-forum-annual-meeting-2026\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The UAE is sending what it says is the fifth biggest delegation at Davos this year<\/strong>, with some 100 officials, ministers, and senior executives from major private companies set to attend, according to <a href=\"https:\/\/www.wam.ae\/en\/article\/byaghvz-uae-participates-world-economic-forum-2026-with\" target=\"_blank\" rel=\"noopener\">Wam<\/a>. The delegation will be led by Chairwoman of Dubai Culture and Arts Authority Latifa bint Mohammed bin Rashid Al Maktoum.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Besides a pavilion<\/strong> which is set to host a series of sessions, meetings, and media engagements, several officials are taking the stage for panels throughout the week. Keep an eye out for Damac\u2019s Founder and Chairman <strong>Hussain Sajwani<\/strong>, who takes the stage alongside other regional leaders on Friday for a session focused on the \u201cProsperity Agenda for the Middle East.\u201d<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Also happening today:<\/strong><\/p>\n<ul>\n<li><strong>The <\/strong><strong><a href=\"https:\/\/acresme.com\/\" target=\"_blank\" rel=\"noopener\">Sharjah Real Estate Exhibition<\/a><\/strong><strong> (also known as Acres)<\/strong>, which runs until Saturday at Expo Center Sharjah;<\/li>\n<li><strong><a href=\"https:\/\/www.umexabudhabi.ae\/en\" target=\"_blank\" rel=\"noopener\">UMEX Abu Dhabi<\/a><\/strong>, which runs until Thursday, 22 January at Adnec Center Abu Dhabi;<\/li>\n<li><strong>The Abu Dhabi Department of Economic Development is <\/strong><strong><a href=\"https:\/\/www.wam.ae\/en\/article\/1713sit-abu-dhabi-italy-strengthen-strategic-partnership\" target=\"_blank\" rel=\"noopener\">leading a delegation<\/a><\/strong><strong> to Italy <\/strong>until Thursday, 22 January.<\/li>\n<\/ul>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>WEATHER- It\u2019s a little cooler this morning<\/strong>, with temperatures peaking at 23\u00b0C in Dubai and Abu Dhabi, with Dubai seeing an overnight low of 15\u00b0C and the mercury falling to 14\u00b0C in the capital.<\/p>\n<p class=\"tag-border-left\">PSA<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><a id=\"wwtt1\"><\/a> <strong>Autonomous vehicle regulation is coming to <\/strong><strong>Ras <\/strong><strong>Al Khaimah<\/strong>, with the emirate issuing a dedicated law for self-driving vehicles, <a href=\"https:\/\/www.wam.ae\/en\/article\/byb1xnz-rak-ruler-issues-law-regulating-autonomous\" target=\"_blank\" rel=\"noopener\">Wam<\/a> reports. The law will take effect upon publication in the official gazette.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>R<\/strong><strong>as Al Khaimah Transport Authority is in charge<\/strong>, designated as the sole regulator and responsible for setting up a legislative and technical framework for safe usage. It is also tasked with licensing, operational control, defining parameters of responsibility for operators and users, and enforcing monitoring, reporting, and safety standards.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>For operators<\/strong>, the law requires vehicles to default to a safe mode if autonomous operation cannot continue, stay connected to control centers, and keep operational and incident records.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Similar legi<\/strong><strong>slation exists only in Dubai and Abu Dhabi for now.<\/strong> Dubai introduced the UAE\u2019s first framework for autonomous transport \u2014 covering licensing, liability, and commercial operation \u2014 <a href=\"https:\/\/dlp.dubai.gov.ae\/Legislation%20Reference\/2023\/Law%20No.%20(9)%20of%202023%20Regulating%20the%20Operation%20of%20Autonomous%20Vehicles.html\" target=\"_blank\" rel=\"noopener\">in 2023<\/a>, followed by regulations for self-driving heavy vehicles <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/09\/29\/this-morning-new-emirates-road-upgrade-to-cut-dubai-ras-al-khaimah-travel-time-dubai-approves-autonomous-heavy-vehicle-regulations\/\" target=\"_blank\" rel=\"noopener\">last year<\/a>. Abu Dhabi included provisions determining registration, licensing, and renewal procedures for self-driving vehicles <a href=\"https:\/\/ent.news\/2026\/1\/751.pdf\" target=\"_blank\" rel=\"noopener\">in 2024<\/a>.<\/p>\n<hr style=\"height: 2px;border-width: 0;color: gray;background-color: gray\" \/>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>DIPLOMACY \u2014<\/strong> <strong>T<\/strong><strong>he UAE is holding its ground as a global soft-power heavyweight: <\/strong>The country retained 10th place worldwide in the <a href=\"https:\/\/brandfinance.com\/press-releases\/brand-finance-global-soft-power-index-2026-the-uae-maintains-10th-place-as-western-nations-decline\" target=\"_blank\" rel=\"noopener\">Brand Finance Global Soft Power Index 2026<\/a>, standing out as major Western nations slid down the rankings. With a score of 59.4 out of 100, the UAE ranked eighth for influence, ninth for international relations, and 10th for business and trade. The index ranks countries according to other international perceptions of them, as well as their ability to influence these.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>That brand strength is showing up at the corporate level: <\/strong>Abu Dhabi National Oil Company (Adnoc) became the first Emirati brand to enter Brand Finance\u2019s global top 100, while remaining the UAE\u2019s most valuable brand for the eighth consecutive year, according to a <a href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2026\/brand-finance-names-adnoc-first-emirati-brand--to-enter-global-top-100\/\" target=\"_blank\" rel=\"noopener\">statement<\/a>. Adnoc now ranks as the Middle East\u2019s second-most valuable brand and the sixth-most valuable oil and gas brand globally, with brand value up 11% y-o-y to USD 21.13 bn \u2014 a more than 350% increase since 2017.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><a id=\"wwtt2\"><\/a> <strong>Speaking of soft power\u2026<\/strong> <strong>The UAE has signed onto US President Donald Trump\u2019s B<\/strong><strong>oard of Peace<\/strong>, a planned organization that will look to address global conflicts, starting with a peace plan for Gaza, according to a Foreign Ministry <a href=\"https:\/\/x.com\/mofauae\/status\/2013596622782181730?s=20\" target=\"_blank\" rel=\"noopener\">post on X<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The move puts the Emirates <\/strong><strong><a href=\"https:\/\/www.reuters.com\/world\/middle-east\/uae-becomes-early-supporter-trumps-board-peace-with-formal-acceptance-2026-01-20\/\" target=\"_blank\" rel=\"noopener\">among the first countries<\/a><\/strong><strong> to publicly sign up to join the <\/strong><strong>board<\/strong>, joining only Hungary, as other leaders have stopped short of committing to it amid concerns over the details. This includes the fact that the US published a draft charter for the initiative, which some global leaders have criticized as an attempt to step on the UN\u2019s toes, and that while it aims to move toward halting other global conflicts after implementing peace in Gaza \u2014 that extension of the mandate wasn\u2019t greenlit by the UN Security Council in November.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Trump has also included some interesting caveats<\/strong>, including a three-year limit on membership \u2014 unless, that is, countries shell out USD 1 bn to fund the project \u2014 and a lifelong chairmanship for Trump himself.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The news comes hot on the heels of more UAE-US collaboration<\/strong>, after the Emirates <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/abu-dhabi-joins-pax-silica-the-us-tech-supply-chain-coalition\/\" target=\"_blank\" rel=\"noopener\">sig<\/a><a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/abu-dhabi-joins-pax-silica-the-us-tech-supply-chain-coalition\/\" target=\"_blank\" rel=\"noopener\">ned onto the US-led Pax Silica framework<\/a> which aims to secure supply chains vital for the artificial intelligence sector. The framework is essentially a trust network for the entire AI pipeline, including advanced semiconductors, energy, and critical minerals, and is the UAE\u2019s latest effort to secure advanced chips for its data center projects \u2014 like the <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/16\/uae-us-ink-usd-200-bn-investment-agreements-in-ai-critical-minerals-and-energy\/\" target=\"_blank\" rel=\"noopener\">5 GW Stargate UAE AI campus<\/a> \u2014 as well as abate US fears of historic ties to China in AI.<\/p>\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><a id=\"wwtt3\"><\/a> <strong>AI \u2014 G42\u2019s AI buildout is picking up pace:<\/strong> The first 200 MW of the state AI firm\u2019s planned <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/16\/uae-us-ink-usd-200-bn-investment-agreements-in-ai-critical-minerals-and-energy\/\" target=\"_blank\" rel=\"noopener\">5<\/a><a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/16\/uae-us-ink-usd-200-bn-investment-agreements-in-ai-critical-minerals-and-energy\/\" target=\"_blank\" rel=\"noopener\">GW<\/a><a href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/16\/uae-us-ink-usd-200-bn-investment-agreements-in-ai-critical-minerals-and-energy\/\" target=\"_blank\" rel=\"noopener\">Abu Dhabi AI campus<\/a> \u2014 part of Washington\u2019s <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/inside-trumps-usd-500-bn-ai-project-stargate\/\" target=\"_blank\" rel=\"noopener\">USD 500 bn Stargate program<\/a> \u2014 will come online \u201cin the next couple of months,\u201d CEO Peng Xiao told Bloomberg (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2026-01-20\/g42-ceo-peng-xiao-on-chip-imports-ai-developments-video\" target=\"_blank\" rel=\"noopener\">watch, runtime: 11:15<\/a>). Capacity is then expected to scale at 200-500 MW per quarter, pulling the timeline forward from earlier guidance which pointed to initial capacity starting from <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/12\/08\/this-morning-abu-dhabi-finance-week-kicks-off-after-f1-weekend-wraps-stargate-uae-to-launch-in-3q-2026\/\" target=\"_blank\" rel=\"noopener\">3Q 2026<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Chips are next, with guardrails: <\/strong>Xiao said the first batch of advanced US chips, \u201cmostly Nvidia,\u201d alongside Cerebras and AMD, is also due to ship to the UAE in the coming months after the company <a href=\"https:\/\/enterprise.news\/uae\/en\/news\/edition\/am\/8b87a6ec-804d-4363-875d-a51ea7c08abe\/us-approves-nvidia-chip-exports-to-g42-%2B-sharjah-issues-usd-750-mn-sukuk\" target=\"_blank\" rel=\"noopener\">secured<\/a> export license approvals. Those approvals came with security conditions from the US. \u201cIt was not just a theoretical pledge,\u201d he said, citing safeguards against diversion and unauthorized remote access that G42 says it has already put in place.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>On AI capex and power demand, Xiao pushed back: <\/strong>While acknowledging concerns around electricity use, spending, and job displacement, he argued the bigger risk is delay, saying, \u201cIf we pause [...] many other nations are not stopping their development.\u201d Xiao pointed to inference demand outstripping supply, upstream supply-chain coordination through the new Pax Silica initiative, and plans to expand AI infrastructure across the Global South, including Africa \u2014 describing the continent as a \u201cfrontier market\u201d and Abu Dhabi as a \u201ckey node on this global AI network.\u201d<\/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;text-align: left\"><a id=\"wwtt4\"><\/a><strong> US investment bank <\/strong><strong>Piper S<\/strong><strong>andler now has an official base in Abu Dhabi<\/strong>, after closing its <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/27\/piper-sandler-acquires-mena-growth-partners-to-expand-in-the-gcc\/\" target=\"_blank\" rel=\"noopener\">acquisition<\/a> of Abu Dhabi-based merchant bank MENA Growth Partners, according to a <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/piper-sandler-completes-acquisition-of-mena-growth-partners-sdwzaxf4\" target=\"_blank\" rel=\"noopener\">press release<\/a>. The transaction, the terms of which were not disclosed, gives Piper Sandler an immediate on-the-ground platform in the Emirates, granting it local access to regional dealflow without having to build a Gulf franchise from scratch.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>What\u2019s next:<\/strong> The move will see the MENA Growth Partners team, led by founder Eric Wilson (<a href=\"https:\/\/www.linkedin.com\/in\/eric-wilson-a434997\/\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a>), transition into a consulting role for Piper Sandler. Meanwhile, the US bank\u2019s Nabeel Siddiqui (<a href=\"https:\/\/www.linkedin.com\/in\/nabeel-siddiqui-6b7b014a\/\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a>) will relocate to Abu Dhabi from London to head its regional operations.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>ADVISORS-<\/strong> Al Tamimi &amp; Co acted as advisors for Piper Sandler, while Charles Russel Speechlys and TMF Group provided counsel for MENA Growth Partners.<\/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;text-align: left\"><strong>MINING \u2014 Abu Dhabi is also eyeing investments in mining projects in Uzbekistan: <\/strong>Abu Dhabi and Tashkent have signed an MoU to invest in Uzbekistan\u2019s mining sector, including exploration, development, and downstream manufacturing, state news agency <a href=\"https:\/\/www.wam.ae\/en\/article\/bybncy0-uae-uzbekistan-advance-mining-sector-development\" target=\"_blank\" rel=\"noopener\">Wam<\/a> reports. The agreement sets up a framework linking government bodies, state investors, and private capital, with an emphasis on mobilizing FDI, structuring PPPs, and upgrading enabling infrastructure, including power, water, and logistics.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Our take:<\/strong> Mining appears to be the next leg of the UAE\u2019s Uzbekistan push after a run of <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/masdar-secures-cfd-financial-close-for-solar-wind-projects\/\" target=\"_blank\" rel=\"noopener\">energy agreements<\/a>. Uzbekistan is a major player in the sector, with soil rich in critical minerals like lithium, graphite, and more, and is a big producer of copper, uranium, and silver. The mining sector remains largely controlled by state-owned enterprises such as Almalyk Mining and Metallurgy Complex (Almalyk MMC) and Navoi Mining and Metallurgy Complex (NGMK).<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The bigger backdrop: <\/strong>UAE investments in Uzbekistan hit USD 1.3 bn in 2024, including USD 700 mn in renewables, with more than USD 4 bn in joint projects currently in the pipeline, according to the news agency.<\/p>\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>6% \u2014 the y-o-y uptick in Ras Al Khaimah\u2019s overnight visitors last year,<\/strong> reaching nearly 1.4 mn, <a href=\"https:\/\/www.wam.ae\/en\/article\/byb1xi1-ras-khaimah-delivers-record-tourism-performance\" target=\"_blank\" rel=\"noopener\">Wam<\/a> reports, citing Ras Al Khaimah Tourism Development Agency data. Tourism revenues were up 12% y-o-y, supported by a broader inbound customer base, increased income from the meetings, conferences, and weddings segment, which rose by over 25% y-o-y, and new hospitality openings.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The largest inbound tourism growth came from Russia, up 20%<\/strong>, followed by China (+19%), India (+14%), and the UK (+10%). Domestic tourism stats were up 7% y-o-y, and better air connectivity led to upticks in traveler numbers from Romania (+41%), Belarus (+26%), Poland (+22%), and Uzbekistan (+19%).<\/p>\n<p class=\"tag-border-left\">The big story abroad<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Is \u201cSell America\u201d back? <\/strong>A massive selloff hit Wall Street last night, as US President Donald Trump stood his ground on plans to take over Greenland despite European opposition.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>All three Wall Street indices fell to their lowest since October<\/strong>, with the S&amp;P 500 down 2.1%. At the same time: The USD slid 0.9% against a basket of six peers, gold surged to a record high, and long-term US yields hit a four-month high.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Meanwhile, a historic rout in Japanese bonds<\/strong> <strong><a href=\"https:\/\/www.ft.com\/content\/68349aa9-9b4e-44a2-abd4-f1964308cf29\" target=\"_blank\" rel=\"noopener\">sent yields above 4%<\/a><\/strong> for the first time ever on concerns over the country\u2019s fiscal health, after Prime Minister Sanae Takaichi called for a snap election which could hand her a mandate to pursue stimulus plans, including the removal of a food sales tax.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Adding fuel to the fire: <\/strong>Danish pension fund AkademikerPension said it will <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-01-20\/danish-pension-fund-akademikerpension-to-exit-us-treasuries\" target=\"_blank\" rel=\"noopener\">exit<\/a> US Treasuries by the end of the month on the back of concerns that the current administration has created too many credit risks.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>What to watch:<\/strong> Trump will be landing in Davos today, where he is set to schedule a few meetings to discuss Greenland.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>ALSO- <\/strong><strong>Netflix <\/strong><strong>is tightening its screws in the Warner Bros takeover race: <\/strong>The streamer is converting its bid for Warner Bros. Discovery into an allcash offer, matching one key advantage offered by Paramount Skydance\u2019s Gulf-backed bid, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-01-20\/netflix-sweetens-warner-bros-terms-to-all-cash-in-bidding-war\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a> reports, citing a filing. Netflix had previously proposed USD 27.75 per share using a mix of banknotes and stock for Warner\u2019s studio and streaming assets. Investors are set to vote on the transaction in April.<\/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: bold\">Enterprise<\/b> daily<\/h4>\n<\/div>\n<\/div>\n<\/div>\n<\/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 class=\"btn-green px-3 d-flex align-items-center\" href=\"\/egypt\/en\/user\/NewsLetters\" target=\"_blank\" rel=\"noopener\">Subscribe here<\/a><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">***<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq and Hassan Allam Properties. <a href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" target=\"_blank\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM UAE.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on <a href=\"mailto:UAE@enterpriseAM.com\" target=\"_blank\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\" target=\"_blank\" 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intelligence<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/autonomous-logistics\/\">AUTONOMOUS LOGISTICS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/critical-minerals\/\">critical minerals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/g42\/\">G42<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span 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class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"111753\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE BIG STORY TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/emirates-nbd-clears-hurdle-for-acquisition-of-indian-lender-rbl\/\">\r\n                            Emirates NBD clears hurdle for acquisition of Indian bank RBL                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" 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    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/emirates-nbd-clears-hurdle-for-acquisition-of-indian-lender-rbl\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/111799.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"111799\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/emirates-nbd-clears-hurdle-for-acquisition-of-indian-lender-rbl\/newdelhiindia-august252020manybankofficeindelhi\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/111799.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"New,Delhi,,India-august,25,2020:,Many,Bank,Office,In,Delhi,\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;New Delhi, India-August 25 2020: Many bank office in Delhi, SBI state bank of India, RBL bank; ICICI, HDFC and Kotak Mahindra Banks Building&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/111799.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/internal\/111799.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-111753\" class=\"content-area-description single-story post-111753 post type-post status-publish format-standard has-post-thumbnail hentry category-the-big-story-today tag-emirates-nbd tag-enterpriseam-uae tag-india-uae-relations tag-the-big-story-today tag-uae-india-relations wpautop entry\">\n\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;text-align: left\"><strong>UAE-India financial ties just took another step. <\/strong>India\u2019s competition watchdog approved Emirates NBD\u2019s (ENBD) proposed acquisition of a majority stake in the country\u2019s RBL Bank, clearing a <a href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2b42e835-9af4-4ba1-a9dc-a6d37f8c93ca\/this-morning:-emirates-nbd%25e2%2580%2599s-push-in-india-could-move-ahead-as-indian-regulators-mull-raising-foreign-investment-cap-%2B-are-emirates-nbd-and-fab-eyeing-expansions-in-egypt%3F\" target=\"_blank\" rel=\"noopener\">key regulatory hurdle<\/a> for the USD 3 bn transaction, according to an <a href=\"https:\/\/x.com\/CCI_India\/status\/2013589349112390138?s=20\" target=\"_blank\" rel=\"noopener\">X post<\/a> by the Competition Commission of India..<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Refresher:<\/strong> The clearance covers ENBD\u2019s plan, first revealed <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/20\/enbd-moves-to-acquire-majority-stake-in-indias-rbl-bank\/\" target=\"_blank\" rel=\"noopener\">in October<\/a>, to acquire between 51-74% of RBL Bank through a preferential allotment and mandatory open offer. If completed, ENBD would become classified as a promoter, with RBL becoming a subsidiary \u2014 a rare outcome in India\u2019s tightly regulated banking sector.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>India\u2019s rules, in context: <\/strong>Foreign ownership in Indian private banks <a href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/india-plans-hike-foreign-investment-cap-state-run-banks-49-source-says-2025-10-27\/\" target=\"_blank\" rel=\"noopener\">is capped at 74%<\/a>, but any single foreign institution typically needs explicit regulatory approval to cross the 15% threshold. RBL had previously sought permission to temporarily <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/20\/enbd-moves-to-acquire-majority-stake-in-indias-rbl-bank\/\" target=\"_blank\" rel=\"noopener\">cap foreign shareholding at 24%<\/a> until the agreement closes.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>What\u2019s next: <\/strong>The transaction is expected to close in 1Q of India\u2019s fiscal year 2026-27, which starts in April, pending final clearances from the Reserve Bank of India and the government.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Why it matters: <\/strong>If completed, the agreement would be the largest foreign investment in India\u2019s financial sector and the first time a foreign bank takes control of a solvent Indian private lender, setting a precedent for inbound banking capital. It would also sharply expand Emirates NBD\u2019s footprint beyond its current three-branch presence in Mumbai, Gurugram, and Chennai.<\/p>\n<p style=\"margin: 0;line-height: 1.15;text-align: left;padding: 12pt 0 12pt 0\"><strong>ZOOM OUT- The approval lands amid accelerating UAE-India economic ties<\/strong>, after the two sides inked a sweeping <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/20\/uae-india-agreement-blitz\/?repeat=w3tc\" target=\"_blank\" rel=\"noopener\">set of agreements<\/a> this week spanning energy, defense, space, food trade, investment, digital infrastructure, and advanced technology, while lifting their bilateral trade target to USD 200 bn by 2032.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The ENBD-RBL agreement adds a financial-services pillar to that expanding partnership<\/strong>, reinforcing India\u2019s role as a priority growth market for UAE 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\/emirates-nbd\/\">Emirates NBD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/india-uae-relations\/\">India-UAE relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/the-big-story-today\/\">THE BIG STORY TODAY<\/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=\"111754\" 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=\"111754\">\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\/2026\/01\/21\/dutch-court-slams-brakes-on-oci-orascom-merger\/\">\r\n                            OCI halts Orascom merger vote following court order, proceeds with sale of ammonia unit                        <\/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\/2026\/01\/21\/dutch-court-slams-brakes-on-oci-orascom-merger\/\" 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\/2026\/01\/21\/dutch-court-slams-brakes-on-oci-orascom-merger\/')\">\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\/2026\/01\/21\/dutch-court-slams-brakes-on-oci-orascom-merger\/\">\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=Dutch court slams brakes on OCI-Orascom merger&url=https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/dutch-court-slams-brakes-on-oci-orascom-merger\/\">\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\/2026\/01\/21\/dutch-court-slams-brakes-on-oci-orascom-merger\/&title=Dutch court slams brakes on OCI-Orascom merger\">\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=Dutch+court+slams+brakes+on+OCI-Orascom+merger+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2026%2F01%2F21%2Fdutch-court-slams-brakes-on-oci-orascom-merger%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\/2026\/01\/21\/dutch-court-slams-brakes-on-oci-orascom-merger\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/593.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"111755\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/dutch-court-slams-brakes-on-oci-orascom-merger\/593-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/593.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"593.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/593.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/593.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-111754\" class=\"content-area-description single-story post-111754 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseam-uae tag-infrastructure tag-ma-watch tag-orascom-construction wpautop entry\">\n\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;text-align: left\"><strong>OCI Global, Orascom Construction merger on ice:<\/strong> Dutch-listed fertilizer company OCI Global will remove the <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/12\/10\/orascom-construction-board-approves-merger-with-oci-global-to-form-new-abu-dhabi-based-infrastructure-giant\/?repeat=w3tc\" target=\"_blank\" rel=\"noopener\">proposed merger<\/a> with EGX- and ADX-listed Orascom Construction from tomorrow's shareholder meeting agenda, following a <a href=\"https:\/\/uitspraken.rechtspraak.nl\/details?id=ECLI:NL:GHAMS:2026:118\" target=\"_blank\" rel=\"noopener\">court ruling<\/a> from the Amsterdam Enterprise Chamber that effectively blocks the transaction, OCI said in a <a href=\"https:\/\/ent.news\/2026\/1\/763.pdf\" target=\"_blank\" rel=\"noopener\">statement (pdf)<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The court sided with minority shareholders<\/strong>, citing conflicts of interest given Nassef Sawiris\u2019 involvement in both companies \u2014 and his role in leading negotiations \u2014 requiring \u201cvigilance\u201d and the appointment of two independent directors who could decisively vote on the transaction. It also gives credence to their claims that investor protections on the ADX \u2014 where Orascom Construction and the merged entity would have been listed \u2014 are somehow lower.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>It also zeroed in on a standard disclaimer in a Beltone report on the transaction<\/strong> that notes the work wasn\u2019t legally independent research, but for marketing purposes. OCI used the Beltone report to defend the valuation in the transaction.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>M<\/strong><strong>ost Dutch brokers do not offer access to the Abu Dhabi exchange<\/strong> \u2014 and the Dutch court seems to believe opening an ADX brokerage account is akin to being asked to learn how to do particle physics.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Refresher: <\/strong>The merger would have seen OCI shareholders swap their stock for roughly 97.8 mn Orascom Construction shares at an exchange ratio of 0.46 Orascom share for each OCI share, based on equity values of USD 1.52 bn for Orascom and USD 1.35 bn for OCI. The board formally approved issuing 97.2 mn new Orascom shares at a USD 12.79 premium, with the remaining 561.8k shares coming from OCI\u2019s existing stake in the company.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Not everything was blocked:<\/strong> The ruling does not apply to the sale of OCI Ammonia Holding.<\/p>\n<p class=\"tag-border-left\">Why this all matters<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The move sought to combine the two Nassef Sawiris-backed firms into a single Abu <\/strong><strong>Dhabi-based infrastructure and investment platform.<\/strong> The combined group would have started with a liquidity position that could surpass USD 1.5 bn, giving it substantial room to scale its infrastructure strategy, according to a CI Capital note seen by EnterpriseAM.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>What\u2019s next:<\/strong> The Sawiris family must either revise the offer to satisfy the new directors or abandon the transaction entirely and pursue asset liquidation.<\/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\/infrastructure\/\">infrastructure<\/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\/orascom-construction\/\">Orascom Construction<\/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=\"111756 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=\"111756\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/111756\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-111756\" class=\"content-area-description single-story post-111756 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><a id=\"kix.pagvktq3tgjd\"><\/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=\"111757\" 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=\"111757\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/ad-ports-group-acquires-spains-balenciaga-astilleros-shipyard\/\">\r\n                            AD Ports Group acquires Spain\u2019s Balenciaga Astilleros shipyard                        <\/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\/2026\/01\/21\/ad-ports-group-acquires-spains-balenciaga-astilleros-shipyard\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n  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href=\"https:\/\/api.whatsapp.com\/send?text=AD+Ports+Group+acquires+Spain%E2%80%99s+Balenciaga+Astilleros+shipyard+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2026%2F01%2F21%2Fad-ports-group-acquires-spains-balenciaga-astilleros-shipyard%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\/2026\/01\/21\/ad-ports-group-acquires-spains-balenciaga-astilleros-shipyard\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/783.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"111758\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/ad-ports-group-acquires-spains-balenciaga-astilleros-shipyard\/783-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/783.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"783.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/783.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/1\/783.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-111757\" class=\"content-area-description single-story post-111757 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-ad-ports-group tag-energy tag-enterpriseam-uae tag-ma-watch tag-shipping-maritime tag-uae wpautop entry\">\n\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\"> <strong>AD Ports <\/strong><strong>Group doubles down on European offshore wind project<\/strong><strong>s: <\/strong>AD Ports Group subsidiary Safeen Drydocks \u2014 part of Noatum Maritime \u2014 acquired 100% of Spain\u2019s Balenciaga Astilleros shipyard for EUR 11.2 mn, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2026\/01\/20\/ad-ports-group-expands-operations-in-spain-with-acquisition-of-balenciaga-astilleros-shipyard\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The shipyard may be on the smaller side, but it packs a big strategic punch. <\/strong>Despite the price tag being relatively small for AD Ports, the acquisition stands out because Balenciaga Astilleros is one of the few yards in Spain capable of building service operation vessels (SOVs) \u2014 specialized floating bases required for offshore wind farms. <\/p>\n<p class=\"tag-border-left\">Why it matters <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s so special about it? <\/strong>The yard <a target=\"_blank\" href=\"https:\/\/www.astillerosbalenciaga.com\/the-shipyard\/?lang=en\" style=\"\" rel=\"noopener\">has two production berths<\/a>, allowing the simultaneous construction of two specialized vessels; it typically delivers two to three vessels per year when at full capacity. By acquiring one of the few European yards with a track record in these high-spec vessels, AD Ports is securing a foothold in a supply chain facing a potential bottleneck \u2014 while also bringing advanced shipbuilding fabrication techniques back to Safeen\u2019s UAE operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The great SOV shortage: <\/strong>The SOV market <a target=\"_blank\" href=\"https:\/\/www.spinergie.com\/blog\/sov-use-is-increasing--can-the-fleet-cope-with-rising-demand#:~:text=In%20addition%20to%20the%20expected,SOV%20capacity%20can%20keep%20pace.\" style=\"\" rel=\"noopener\">is expected<\/a> to be supply-constrained in the short term. Fleet expansion is fast-paced, with 32 vessels entering the global fleet last year, yet utilization already exceeds 80%. This, on top of cross-sector competition from oil and gas, has made vessel availability a key pressure point. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move signals the firm is positioning itself to capture rising demand for re<\/strong><strong>newable energy infrastructure<\/strong> in the Mediterranean and North Sea by upping its production capacity of high-spec SOVs. It also comes as AD Ports looks to collaborate on global offshore wind developments alongside Mubadala-owned renewables firm Masdar, after the pair signed a partnership agreement <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/25\/switzerlands-julius-baer-to-launch-advisory-outpost-in-adgm\/?repeat=w3tc\" style=\"\" rel=\"noopener\">late last year<\/a>. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ad-ports-group\/\">AD Ports Group<\/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\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae\/\">UAE<\/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=\"111759 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=\"111759\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/111759\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-111759\" class=\"content-area-description single-story post-111759 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\/432.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=\"111760\" 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=\"111760\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/new-defense-jv-and-agreements-dubai-holding-makes-moves-in-mallorca-and-ce-ventures-backs-us-biotech\/\">\r\n                            Defense agreements inked, G42 floats digital embassies, Dubai Holding makes moves in Mallorca, and CE Ventures backs US biotech                        <\/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\/2026\/01\/21\/new-defense-jv-and-agreements-dubai-holding-makes-moves-in-mallorca-and-ce-ventures-backs-us-biotech\/\" 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 agreement formalizes an MoU inked between the two state firms <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/18\/more-than-aed-4-bn-defense-agreements-inked-on-day-one-of-idex-navdex\/?repeat=w3tc\" style=\"\" rel=\"noopener\">last year<\/a> for co-development programs and production, although no further details were given then, or in this latest announcement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our take: <\/strong>The Emirati defense firm has been actively sowing out defense bays across the globe. Edge recently entered Europe\u2019s manufacturing industry, teaming up with Spain\u2019s Indra Group to roll out a new <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/14\/edge-plants-flag-in-europe-fab-taps-t-powe-rice-for-investments-zoho-rolls-out-data-centers-and-nmdc-expands-in-the-onshore-market\/\" style=\"\" rel=\"noopener\">defense manufacturing<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/14\/edge-plants-flag-in-europe-fab-taps-t-powe-rice-for-investments-zoho-rolls-out-data-centers-and-nmdc-expands-in-the-onshore-market\/\" style=\"\" rel=\"noopener\">unit<\/a>, following agreements <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/07\/24\/edge-to-launch-jv-with-turkeys-pavo-group\/\" style=\"\" rel=\"noopener\">with Turkey<\/a> and a possible defense package <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/en\/news\/edition\/am\/bb55aa0d-a210-4fba-a9b0-dca36dec6b14\/adnoc-secures-first-gas-based-pre-export-facility-for-hail-and-ghash\/wwtt2?repeat=w3tc\" style=\"\" rel=\"noopener\">with Israel<\/a>. Further east, the UAE just inked a defense partnership agreement <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/20\/uae-india-agreement-blitz\/\" style=\"\" rel=\"noopener\">with India<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Calidus signs local production agreement<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Calidus<\/strong><strong> + US defense tech firm boost local production of UAS: <\/strong>UAE-based defense technology firm Calidus and US-based General Atomics Aeronautical Systems inked an MoU to locally produce two unmanned aircraft, the MQ-9B and the Gambit Collaborative Combat Aircraft, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bybnd3x-calidus-ga-asi-sign-mou-collaborate-co-production\" 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\">\n<p class=\"tag-border-left\">UAE defense pivots to unmanned systems<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Tawazun Council for Defense Enablement signed AED 879.8 mn in defense <\/strong><strong>contract<\/strong><strong>s <\/strong>on the opening day of Umex and SimTex 2026, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bybnd6y-tawazun-announces-aed879785-million-defence-deals\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Day-one spending leaned toward autonomous air and maritime platforms, underscoring a procurement push to scale local capability in drones, autonomous logistics, and maritime robotics rather than refresh legacy kit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where the money went: <\/strong><\/p>\n<ul>\n<li><strong>State defense firm Edge took the lion\u2019s share<\/strong>, securing AED 28.9 mn to develop Scorpio S and Scorpio M unmanned vehicles; AED 22 mn to convert a gyrocopter into an unmanned logistics aircraft; and AED 661.2 mn for Anavia HT-100 unmanned helicopters;<\/li>\n<li><strong>Abu Dhabi-based Diveco International added AED 167.7 mn <\/strong>with a contract to supply remotely operated vehicles, extending the focus into subsea and maritime autonomy.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Dubai Holding expands its global footprint<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai <\/strong><strong>Holding acquired Jumeirah Mallorca<\/strong>, adding a fully operational five-star resort in Spain to its global portfolio, according to a <a target=\"_blank\" href=\"https:\/\/www.dubaiholding.com\/en\/media-hub\/press-releases\/dubai-holding-expands-european-hospitality-portfolio-with-acquisition-in-mallorca\" style=\"\" rel=\"noopener\">press release<\/a>. The 121-key property already operates under its portfolio brand Jumeirah, which will continue to manage it following the takeover. The holding firm has earmarked more capital to invest for upgrades, and the latest addition brings its hospitality ownership portfolio to 34 hotels and resorts, including five in Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>Jumeirah has been steadily expanding in Europe. In 2019, <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/jumeirah-group-adds-capri-palace-in-italy-to-its-expanding-international-portfolio-300970560.html\" style=\"\" rel=\"noopener\">Capri Palace Jumeirah<\/a> in Italy became the brand\u2019s Mediterranean anchor, followed in 2021 by the reopening of <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/in\/news-releases\/the-carlton-tower-jumeirah-opens-june-1st-in-knightsbridge-following-complete-transformation-839371181.html\" style=\"\" rel=\"noopener\">Jumeirah Carlton Tower<\/a> in London. Later on in 2023, Dubai Holding <a target=\"_blank\" href=\"https:\/\/www.dubaiholding.com\/en\/media-hub\/press-releases\/jumeirah-group-expands-presence-in-europe-with-key-acquisition-in-geneva\" style=\"\" rel=\"noopener\">acquired the historic Hotel Le Richemond<\/a> in Geneva, marking Jumeirah\u2019s entry into the Swiss ultra-luxury market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CE Ventures joins funding round for US biotech<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CE<\/strong><strong> Ventures participates in USD 55 mn US biotech funding round: <\/strong>CE Ventures, the venture capital arm of UAE-based Crescent Enterprises, participated in a USD 55 mn Series A funding round for <a target=\"_blank\" href=\"https:\/\/thinkbioscience.com\/\" style=\"\" rel=\"noopener\">Think Bioscience<\/a>, a US-based biotechnology firm, according to a <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2026\/01\/ce-ventures-joins-55-million-series-round-biotech-think-bioscience\" style=\"\" rel=\"noopener\">press release<\/a>. The capital will be used to accelerate the development of Think Bioscience\u2019s lead drug candidates and scale its capabilities in identifying new bioactive compounds. The biotech firm uses small-molecule therapeutics and synthetic biology to treat otherwise hard-to-treat diseases.<\/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\/biotech\/\">biotech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/data-centers\/\">Data centers<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/defense\/\">defense<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/edge-group\/\">Edge Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/g42\/\">G42<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/hospitality\/\">hospitality<\/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=\"111762\" 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=\"111762\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/two-speed-china-exports-fly-corporate-profits-lag\/\">\r\n                            China\u2019s export boom masks a domestic squeeze                        <\/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\/2026\/01\/21\/two-speed-china-exports-fly-corporate-profits-lag\/\" 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 shift, exporters tell <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/society-equity\/us-orders-fade-chinese-salespeople-face-tough-grind-new-markets-2026-01-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a>, came at a hefty price tag in exchange for smaller, less profitable orders and more work, despite headline numbers suggesting a thriving global trade picture.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The export growth followed a pivot away from the US after President Donald Trump\u2019s<\/strong><strong> tariff<\/strong><strong> hikes cut American orders by about a third.<\/strong> Chinese exporters shifted to markets in South America and Africa, where buyers often negotiated tougher terms and smaller orders. Meanwhile, industrial bottom lines fell 13.1% in November, the fastest decline in over a year.<\/p>\n<p class=\"tag-border-left\">A two-speed economy<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Strong exports masked weaknesses at home:<\/strong> While China\u2019s GDP grew 5% during the year, investment shrank, and consumption remained sluggish, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-01-20\/china-unveils-loan-incentives-to-boost-investment-consumption\" style=\"\" rel=\"noopener\">Bloomberg<\/a> notes. Government incentives, including a USD 72 bn loan-backing facility and interest subsidies for SMEs, aim to boost domestic spending and private investment. Still, interventionist policies, overcapacity, and declining household demand have left industrial profitability and wages under pressure.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Frontline realities<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Manufacturers in China are struggling to keep their factories running<\/strong>, with widespread job cuts leaving many factories nearly empty, according to the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/30a36338-b1ed-473f-b93b-a0d555609736\" style=\"\" rel=\"noopener\">Financial Times<\/a>. The number of struggling companies \u2014 or \u201czombie companies\u201d \u2014 has reached 12% of the total registered companies, more than doubling since 2018, according to a study by Natixis\u2019 chief Asia-Pacific economist, Alicia Garc\u00eda-Herrero.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The contrast highlights China\u2019s economic divide<\/strong>, as exports surge while domestic industries struggle, leaving workers and households with stagnant wages, layoffs, and few prospects, the FT claims. Analysts expect the divide to widen as Beijing doubles down on its export-led growth by supporting its high-tech sector to compete with the US \u2014 allowing the housing market to keep deflating.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Asia-Pacific markets are broadly in the red once again this morning, weighed down by Washington\u2019s threats of imposing tariffs on European countries over Greenland. Investors continued to pour into safe havens, driving up gold prices even further. The Hang Seng Index and mainland China\u2019s CSI 300 are just marginally in the green, while other markets including Japan\u2019s Nikkei and South Korea\u2019s Kospi are trading down. Futures indicate Wall Street is in for a better start to trading, with Dow Jones, S&P 500, and Nasdaq futures trading up. <\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tbody>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,196<\/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: +2.0%)<\/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\">6,375<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +5.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,106<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +4.5%)<\/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\">3.4% 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\">3.6% 1 yr<\/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>Tadawul <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,912<\/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: +4.0%)<\/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>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\">45,905<\/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\">+1.9% (YTD: +9.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&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\">6,797<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-2.1% (YTD: -0.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">10,127<\/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: +2.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,892<\/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: +1.7%)<\/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>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 64.16<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas (Nymex) <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.88<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.8%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 4,838<\/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\">+1.5%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 88,917<\/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\">-4.0% (YTD: +1.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Chimera JP Morgan UAE Bond UCITS ETF<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">AED 3.8<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0% (YTD: +1.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P MENA Bond & Sukuk<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">151.64<\/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: -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>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\">20.09<\/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\">+6.6% (YTD: +34.4%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The DFM rose 0.5% yesterday<\/strong> on turnover of AED 700.7 mn. The index is up 5.4% 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>Chimera S&P UAE UCITS ETF - Share Class A - Accumulating (+14.3%), Al Mal Capital REIT (+9.0%), and Dubai Islamic Ins. and Reins. Co (+5.3%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Islamic Arab Ins. Company (-5.9%), National Cement Company (-5.0%), and Ekttitab Holding Company (-4.5%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the ADX<\/strong>, the index rose 0.3% on turnover of AED 1.2 bn. Meanwhile, Nasdaq Dubai was up 0.5%.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"111764\" 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\/2026\/01\/21\/111764\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-111764\" class=\"content-area-description single-story post-111764 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\">JANUARY  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-24 January (Wednesday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/acresme.com\/\" style=\"\">Acres Real Estate Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Expo Center, Sharjah. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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>, <\/span><span>Adnec<\/span><span style=\"font-weight:400;\"> 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   <\/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;\">Signposted to happen sometime this month: Investopia, Lagos, Nigeria. <\/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:\/\/www.worldgovernmentssummit.org\/events\/2026\" style=\"\">The World Governments 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:400;\">4 February (Wednesday) Ministerial dialogue for Pax Silica members, Washington, DC. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-5 February (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/proptechconnect.com\/\" style=\"\">PropTech Connect Middle East<\/a><\/span><span style=\"font-weight:400;\">, Grand Hyatt Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-6 February (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/forums.menamoney.org\/product\/test-arab-actuarial-conference-2026\/\" style=\"\">Arab Actuarial Conference<\/a><\/span><span style=\"font-weight:400;\">, Millennium Plaza Downtown Hotel, Dubai. <\/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>9-12 February (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldhealthexpo.com\/events\/healthcare\/dubai\/en\/home.html\" style=\"\">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>10-11 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/forbesmiddleeastevents.com\/top-advisors-investors-summit-abu-dhabi\/\" style=\"\">Top Advisors and Investors Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH   <\/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>28-29 March (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/eicalcongress.com\/\" style=\"\">Emirates International Congress on AI & Visionary Leadership in Transforming Healthcare<\/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>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   <\/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.aimcongress.com\/\" 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>13-15 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/glass-show.com\/\" style=\"\">The International Glass Manufacturing Show<\/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>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><\/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  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-15 May (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaifuturefinanceweek.com\/\" style=\"\">Dubai Future Finance Week<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-13 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><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">19-20 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.capitalmarketsummit.ae\/\" style=\"\">Capital Market Summit<\/a><\/span><span style=\"font-weight:400;\">, Madinat Jumeirah, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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 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   <\/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  <\/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 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;\">DECEMBER   <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-4 December (Wednesday-Friday):<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.unwater.org\/news\/2026-un-water-conference\" style=\"\">UN Water Conference<\/a><\/span><span>, UAE.<\/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 style=\"font-weight:400;\">The UAE to host the Arab Competition Forum;<\/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 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>Plus: AD Ports Group acquires Spanish shipyard + Dubai Holding acquires hotel in Mallorca<\/p>\n","protected":false},"featured_media":111749,"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-111748","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"20c720cb-b789-4062-a0e8-70ce14b81d5a","teaser":"Plus: AD Ports Group acquires Spanish shipyard + Dubai Holding acquires hotel in 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