{"id":118552,"date":"2026-06-18T00:00:00","date_gmt":"2026-06-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=118552"},"modified":"2026-06-18T01:57:54","modified_gmt":"2026-06-18T01:57:54","slug":"no-more-reliance-on-the-strait-of-hormuz-trade-minister-says","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/no-more-reliance-on-the-strait-of-hormuz-trade-minister-says\/","title":{"rendered":"No more reliance on the Strait of Hormuz, Trade Minister says"},"content":{"rendered":"<section id=\"118554\" 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=\"118554\">\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\/06\/18\/this-morning-dp-world-eyes-a-return-to-the-us-dubai-islamic-bank-taps-debt-markets-again\/\">\r\n                            THIS MORNING: DP World eyes a return to the US + Dubai Islamic Bank taps debt markets again                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/473.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"473.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/473.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/473.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-118554\" class=\"content-area-description single-story post-118554 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-debt tag-dp-world tag-dubai-islamic-bank tag-enterpriseam-uae tag-fujairah tag-logistics tag-oil-and-gas tag-sharjah tag-sukuk tag-tax 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\n<p class=\"has-text-align-left\"><strong>Good morning, friends. <\/strong>The US and Iran have confirmed the peace agreement is now in effect, meaning we can all collectively breathe a sigh of relief \u2014 with eyes firmly set on the Strait of Hormuz for signs that supply chain disruptions might ease soon.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Agreement or not, the UAE is making it abundantly clear it will not make the same mistake twice. <\/strong>It\u2019s now making plans for \u201czero reliance\u201d on the Strait, with plans to build more Eastern harbors, pipelines, and road and rail infrastructure \u2014 all of which are undergoing feasibility studies, as we explain in this morning\u2019s Big Story Today.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>In debt news<\/strong>, Dubai Islamic Bank is tapping debt markets once again, this time raising USD 750 mn in Islamic financing, and we\u2019re a few daya away from the UAE\u2019s first retail T-sukuk offering.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>The other big theme of the day is energy and AI:<\/strong> Abu Dhabi is placing a long bet on fusion with an investment in the US\u2019 Commonwealth Fusion Systems, while BlueFive Capital is back at it, co-leading an investment alongside Abu Dhabi\u2019s AI71 in Arabic AI startup CNTXT AI.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Plus: <\/strong>DP World is edging back into the US for the first time in 20 years, Edge is deepening its partnerships across Europe for a bigger stake in the global defense manufacturing industry, and Revolut has cleared its last regulatory hurdle ahead of a UAE consumer launch.<\/p>\n\n\n\n<p><strong>AND FINALLY- The Central Bank of the UAE kept interest rates unchanged,\u00a0<\/strong>following in the footsteps of\u00a0the Fed, according to a <a href=\"https:\/\/ent.news\/2026\/6\/1053.pdf\">statement (pdf)<\/a>. The Overnight Deposit Facility was kept as is at 3.65%, while the CBUAE maintained the interest rate applicable to borrowing short-term liquidity from the CBUAE at 50 basis points above the base rate. <\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>WEATHER- Look for a high of 42\u00b0C in Dubai today, before it cools down to 32\u00b0C overnight<\/strong>, while in Abu Dhabi the mercury will reach 39\u00b0C before cooling to 29\u00b0C.<\/p>\n\n\n\n<p class=\"tag-border-left\">DIB taps debt markets, again<\/p>\n\n\n\n<p class=\"has-text-align-left\"><a id=\"wwtt2\"><\/a> <strong> Dubai Islamic Bank is back in debt markets for the second ti<\/strong><strong>me this month<\/strong>, this time raising USD 750 mn via a three-year senior unsecured Islamic financing, <a href=\"https:\/\/www.zawya.com\/en\/capital-markets\/loans\/dubai-islamic-bank-set-to-raise-750mln-in-islamic-financing-htz9yvca\" target=\"_blank\" rel=\"noopener\">Zawya<\/a> reports.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>The lender is once again jumping on the chance while spreads recover.<\/strong> DIB just last week <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/11\/dib-prices-usd-1-bn-at1-sukuk-after-one-day-virtual-roadshow\/\" target=\"_blank\" rel=\"noopener\">priced<\/a> a USD 1 bn AT1 sukuk \u2014 drawing a book of over USD 2.3 bn in a single-day roadshow. The issuance priced at 6.25%, tightening from initial price thoughts of 6.625%, with MENA investors taking 83% of the book.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>This comes as analysts tell us spreads for investment-grade names are already <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/12\/debt-activity-picked-up-in-the-gulf-in-may-and-it-could-be-the-same-this-month-before-a-summer-lull\/\" target=\"_blank\" rel=\"noopener\">back at pre-war levels<\/a><\/strong>, though a slight premium is still there for some banks and real estate firms, as well as for GCC sukuk, according to <a href=\"https:\/\/www.fitchratings.com\/research\/islamic-finance\/gcc-investment-grade-spreads-at-pre-war-levels-on-deal-high-yields-16-06-2026\" target=\"_blank\" rel=\"noopener\">Fitch Ratings<\/a>.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>ADVISORS- <\/strong>Our friends at HSBC, along with Mizuho and Standard Chartered, are the mandated lead arrangers and bookrunners.<\/p>\n\n\n\n<p class=\"tag-border-left\">Coming soon: Revolut<\/p>\n\n\n\n<p class=\"has-text-align-left\"><a id=\"wwtt4\"><\/a> <strong>Global neobank Revolut has received both its Stored Value Fa<\/strong><strong>cilities and Retail Payment Services<\/strong> <strong>licenses <\/strong>from the Central Bank of the UAE, completing the regulatory process it began last year that saw it receive <a href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6558aec1-c165-41ba-8406-491b087562f8\/%253cmark%253erevolut%253c%2Fmark%253e-plans-to-roll-out-its-services-in-the-uae\" target=\"_blank\" rel=\"noopener\">in-principle approval<\/a>, according to a <a href=\"https:\/\/www.revolut.com\/news\/revolut_obtains_approval_for_stored_value_facilities_and_retail_payment_services_licences_from_the_central_bank_of_the_uae\/\" target=\"_blank\" rel=\"noopener\">statement<\/a>. The licenses clear the last formal hurdle before a full consumer launch: the Mubadala-backed neobank says its focus now turns to building out the local product ahead of going live, without clarifying an exact timeline.<\/p>\n\n\n\n<p class=\"tag-border-left\">New Sharjah-Dubai road links?<\/p>\n\n\n\n<p class=\"has-text-align-left\"><a id=\"wwtt3\"><\/a> <strong>Sharjah is spending AED 750 mn to cut new corridors into Dubai<\/strong> \u2014 a tunnel on Al Taawun Road and a parallel surface route, Noor Road, both feeding into Al Nahda Bridge, according to a <a href=\"https:\/\/sheikhdrsultan.ae\/Portal\/en\/media-center\/news\/16\/6\/2026\/%D8%B3%D9%84%D8%B7%D8%A7%D9%86-%D8%A7%D9%84%D9%82%D8%A7%D8%B3%D9%85%D9%8A-750-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D8%B1%D9%87%D9%85-%D9%84%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D8%A7%D9%84%D8%B7%D8%B1%D9%82-%D9%81%D9%8A-%D8%A7%D9%84%D8%B4%D8%A7%D8%B1%D9%82%D8%A9.aspx\" target=\"_blank\" rel=\"noopener\">statement<\/a> by Sharjah Ruler Sultan Al Qassimi. The tunnel runs as a dual carriageway beneath the existing roundabout, while Noor Road branches off Al Orooba Street.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Noor Road is due to open by end of year<\/strong> \u2014 the near-term marker to watch. The tunnel follows later. Together, the two routes are designed to take pressure off a corridor that\u2019s been running well past capacity for years.<\/p>\n\n\n\n<p class=\"tag-border-left\">DP World\u2019s return to the US?<\/p>\n\n\n\n<p class=\"has-text-align-left\"><a id=\"wwtt1\"><\/a> <strong>DP<\/strong><strong> World is in exclusive talks to operate a new container terminal at the <\/strong><strong>Port <\/strong><strong>of Corpus Christi in Texas<\/strong>, which would be its first US container-port operation in 20 years, with the Dubai-based ports giant set to design and build the facility if the agreement is finalized, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-17\/dp-world-seeks-return-to-us-container-operations-at-texas-port\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a> reports, citing a press release.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Why wasn\u2019t DP World in the US to begin with? <\/strong>DP World was forced out of US ports in 2006 after security concerns were raised by lawmakers. It has maintained logistics operations in Pennsylvania and North Carolina since, with Vancouver as its main North American cargo gateway via rail to Chicago and inland markets \u2014 but no container terminals on US soil.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Corpus Christi gives DP World a Gulf Coast container play as nearshoring reshapes US <\/strong><strong>trade flows. <\/strong>The Texas port handles more overall tonnage than most US peers, though mainly on energy, chemicals, and bulk cargo rather than containers. DP World says the new terminal would help it capture rising container demand as manufacturers diversify supply chains away from Asia \u2014 a trend that has made Gulf Coast capacity a strategic priority.<\/p>\n\n\n\n<p class=\"tag-border-left\">The taxman cometh<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>The UAE's taxman had a good year last year: <\/strong>The Finance Ministry says more than AED 46 bn in VAT and excise tax revenues were distributed to federal and local governments in 2025, up 15% from around AED 41 bn a year earlier, state news agency <a href=\"https:\/\/www.wam.ae\/en\/article\/c0r631g-mof-reports-over-aed46-billion-distributed-tax\" target=\"_blank\" rel=\"noopener\">Wam<\/a> reports. The increase highlights the growing contribution of non-oil revenues to public finances, helping support an <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/11\/this-morning-adic-backs-exoduspoints-usd-2-bn-capital-raise-more-dual-listings-could-be-coming-to-abu-dhabi\/\" target=\"_blank\" rel=\"noopener\">AED 17.4 bn<\/a> federal budget surplus in 2025.<\/p>\n\n\n\n<p class=\"tag-border-left\">Data point<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>96.7k cbm \u2014 that\u2019s how much marine fuel was sold in Fujairah in <\/strong><strong>May, a record low amid continued disruption to Gulf shipping routes<\/strong>, <a href=\"https:\/\/www.reuters.com\/business\/energy\/uaes-fujairah-marine-bunker-sales-hit-record-low-may-2026-06-17\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a> reports, citing Fujairah Oil Industry Zone data published by S&amp;P Global Commodity Insights. Low-sulphur marine fuel saw the steepest decline, tumbling 27% m-o-m to 65k cbm, while high-sulphur bunkers saw a 15% drop to 31.6k cbm, giving it a larger slice of the market.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>The May numbers land just as Hormuz is notionally reopening \u2014 but don\u2019t <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/17\/hormuz-may-be-reopening-but-the-actual-recovery-of-flows-will-take-much-longer\/\" target=\"_blank\" rel=\"noopener\">expect a<\/a><\/strong><strong><a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/17\/hormuz-may-be-reopening-but-the-actual-recovery-of-flows-will-take-much-longer\/\" target=\"_blank\" rel=\"noopener\">quick snapback<\/a><\/strong><strong> at Fujairah.<\/strong> Shipowners say they will wait until the agreement is \u201cmaterial\u201d and visible inside the strait before resuming crossings, and mine-clearing alone could take approximately 40-50 days. Even then, tankers are likely to move first, with container lines last \u2014 meaning the vessels that bunker at Fujairah in the highest volumes will be slowest to return.<\/p>\n\n\n\n<p class=\"tag-border-left\">The big story abroad<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Your regularly scheduled update on the US-Iran war agreement is the story domi<\/strong><strong>nating front pages this morning: <\/strong>US and Iranian officials have confirmed they\u2019ve already digitally signed the agreement, the contents of which were made public earlier yesterday (if you need a refresher: there\u2019s a USD 300 bn package for Iran, an agreement to release frozen Iranian funds and assets and lift all sanctions, and lift the blockade).<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>The agreement is already in effect<\/strong>, US and Iranian officials have confirmed, meaning all eyes are now turning to the Strait of Hormuz for signs that the blockade has officially ended. (But remember, as we\u2019ve reported: The lifting of the Strait will not be straightforward and won\u2019t happen overnight; it will need to be <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/17\/hormuz-may-be-reopening-but-the-actual-recovery-of-flows-will-take-much-longer\/\" target=\"_blank\" rel=\"noopener\">measured and gradual<\/a>.)<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>ALSO- Apple products are getting pricier:<\/strong> Apple CEO Tim Cook confirmed in a <a href=\"https:\/\/www.wsj.com\/tech\/apple-price-increases-memory-supply-199845b1?mod=hp_lead_pos1\" target=\"_blank\" rel=\"noopener\">Wall Street Journal<\/a> interview that price increases are \u201cunavoidable\u201d across its product lineup \u2014 the culprit being AI-driven demand for data centers, which has forced consumer electronics into fierce competition for dwindling memory chip supplies.<\/p>\n\n\n\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\n\n\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\n\n\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\n\n\n<p class=\"has-text-align-left\">***<\/p>\n\n\n\n<p class=\"has-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\n\n\n<p class=\"has-text-align-left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq and Hassan Allam Properties.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Were you forwarded this email?<\/strong> <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\n\n\n<p class=\"has-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\n\n\n<p class=\"has-text-align-left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\" target=\"_blank\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a href=\"https:\/\/enterprise.news\/ksa\/en\" target=\"_blank\" rel=\"noopener\">Saudi Arabia<\/a><\/strong>, and the MENA <a href=\"https:\/\/enterprise.news\/logistics\/en\" target=\"_blank\" rel=\"noopener\">logistics<\/a> industry?<\/p>\n\n\n\n<p class=\"has-text-align-left\">***<\/p>\n\n\n\n<p class=\"tag-border-left\">Market watch<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>We could be in for a sharp oil glut next year as Gulf producers start to revive<\/strong><strong> shuttered fields after the <\/strong><strong>US-Iran peace <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/17\/hormuz-may-be-reopening-but-the-actual-recovery-of-flows-will-take-much-longer\/\" target=\"_blank\" rel=\"noopener\">agreement<\/a><\/strong>, according to the International Energy Agency\u2019s monthly <a href=\"https:\/\/www.iea.org\/reports\/oil-market-report-june-2026\" target=\"_blank\" rel=\"noopener\">report<\/a>. The agency said flows would resume gradually this year, before surging by 8 mn bbl \/ d to 110 mn bbl \/ d in 2027, outpacing the expected 2 mn bbl \/ d rise in global demand.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>A surplus is not a bad thing:<\/strong> A supply overhang would offer markets a chance to rebuild depleted inventories and strategic reserves after stocks have eroded this year due to the blockade of the Strait of Hormuz, with OECD stocks now at their lowest in decades.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>T<\/strong><strong>he UAE will likely end up driving an increase in non-Opec+ supply<\/strong>, <a href=\"https:\/\/www.reuters.com\/business\/energy\/uaes-postopec-expansion-push-lift-oil-output-above-5-million-bpd-next-year-iea-2026-06-17\/\" target=\"_blank\" rel=\"noopener\">Reu<\/a><a href=\"https:\/\/www.reuters.com\/business\/energy\/uaes-postopec-expansion-push-lift-oil-output-above-5-million-bpd-next-year-iea-2026-06-17\/\" target=\"_blank\" rel=\"noopener\">ters<\/a> cites the IEA report as saying. The agency penciled in a jump of as much as 730k bbl \/ d to reach 5.2 mn bbl \/ d in output from the Emirates by 2027, following its decision to leave Opec <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/04\/29\/uae-exits-opec-to-prioritize-capacity-over-quotas\/\" target=\"_blank\" rel=\"noopener\">earlier this year<\/a> as it looked to untie itself from quota limits.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>State-owned firms have been vocal about expansion efforts<\/strong>, with Adnoc <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/04\/this-morning-uae-qatar-kuwait-and-israel-buy-usd-8-6-bn-of-us-defense-systems-adnoc-lines-up-aed-200-bn-for-local-contract-awards\/\" target=\"_blank\" rel=\"noopener\">lining up AED 200 bn<\/a> in project awards until 2028, and analysts predicting that the oil and gas investment push could eventually bring capacity <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/04\/30\/uae-will-likely-boost-investments-in-oil-and-gas-potentially-leading-to-a-usd-40-bn-windfall\/\" target=\"_blank\" rel=\"noopener\">as high as 6 mn bbl \/ d<\/a>.<\/p>\n\n\n\n<p class=\"tag-border-left\">Circle your calendar<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span 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href=\"https:\/\/enterpriseam.com\/uae\/tag\/sukuk\/\">Sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/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=\"118556\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" 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data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1476.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1476.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1476.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-118557\" class=\"content-area-description single-story post-118557 post type-post status-publish format-standard has-post-thumbnail hentry category-the-big-story-today tag-enterpriseam-uae tag-infrastructure tag-logistics tag-the-big-story-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;orphans:2;widows:2;text-align:left\"> <strong>The UAE is zeroing in on maintaining zero reliance on the Strait of <\/strong><strong>Hormuz<\/strong> \u2014 peace agreement or not. Foreign Trade Minister Thani Al Zeyoudi told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-17\/uae-moves-to-cut-dependency-on-strait-of-hormuz-to-zero\" style=\"\">Bloomberg<\/a> the UAE is working on a new harbor to sit alongside the Eastern ports of Dibba, Fujairah, and Khor Fakkan, along with new pipelines and wider rail and road networks to eliminate its dependence on the strait.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we already know: <\/strong>Adnoc is <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/05\/19\/adnoc-set-to-fast-track-west-east-pipeline-expansion-as-it-braces-for-supply-chain-disruptions\/\" style=\"\">fast-tracking<\/a> a second pipeline to double the amount of crude via Fujairah by 2027, building on the Habshan-Fujairah line that has been the backbone of the UAE\u2019s Hormuz bypass during the war. Borouge and AD Ports are also exploring building an <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/20\/first-it-was-crude-now-we-might-also-get-an-export-hub-for-petrochemicals-on-the-east-coast\/\" style=\"\">alternative export hub<\/a> for petrochemical shipments on the east coast, centered around Fujairah and other eastern port facilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s new:<\/strong> The UAE is now planning a third petroleum pipeline, Al Zeyoudi said, as well as investing in infrastructure like the new harbor and rail and road projects. The projects are still in their planning phase, with feasibility studies underway, but the main goal is \u201chaving zero Hormuz dependency,\u201d as Al Zeyoudi puts it.<\/p>\n\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\/logistics\/\">logistics<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"118559\" 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=\"118559\">\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\/06\/18\/plynth-energy-takes-minority-stake-in-us-based-fusion-startup\/\">\r\n                            Abu Dhabi\u2019s long fusion trade                        <\/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\/06\/18\/plynth-energy-takes-minority-stake-in-us-based-fusion-startup\/\" 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\/06\/18\/plynth-energy-takes-minority-stake-in-us-based-fusion-startup\/')\">\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\/06\/18\/plynth-energy-takes-minority-stake-in-us-based-fusion-startup\/\">\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=Plynth Energy takes minority stake in US-based fusion startup&url=https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/plynth-energy-takes-minority-stake-in-us-based-fusion-startup\/\">\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\/06\/18\/plynth-energy-takes-minority-stake-in-us-based-fusion-startup\/&title=Plynth Energy takes minority stake in US-based fusion startup\">\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=Plynth+Energy+takes+minority+stake+in+US-based+fusion+startup+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2026%2F06%2F18%2Fplynth-energy-takes-minority-stake-in-us-based-fusion-startup%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\/06\/18\/plynth-energy-takes-minority-stake-in-us-based-fusion-startup\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1548.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"118560\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/plynth-energy-takes-minority-stake-in-us-based-fusion-startup\/1548-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1548.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1548.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1548.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1548.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-118559\" class=\"content-area-description single-story post-118559 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-energy tag-enterpriseam-uae tag-ma-watch tag-nuclear-energy tag-uae-us-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;orphans:2;widows:2;text-align:left\"> <strong>Abu Dhabi is placing a wager on fusion:<\/strong> Government-owned early-stage fund Plynth Energy acquired a minority stake in US-based Commonwealth Fusion Systems (CFS), one of the world\u2019s best-funded fusion startups, with nearly USD 3 bn raised to date, <a target=\"_blank\" href=\"https:\/\/www.neimagazine.com\/news\/middle-east-invests-in-fusion\/?cf-view\" style=\"\">Nuclear Engineering International<\/a> reports. <a target=\"_blank\" href=\"https:\/\/www.axios.com\/pro\/climate-deals\/2026\/06\/16\/cfs-plynth-deal-price\" style=\"\">Axios<\/a> reported the stake was worth more than USD 100 mn, though terms have not been officially disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What caught our eye? <\/strong>The investment is as much about the supply chain as the power itself. Plynth is targeting areas including precision manufacturing, advanced materials, and diagnostic systems while gaining exposure to CFS\u2019s SPARC fusion reactor in Massachusetts and its planned ARC fusion commercial power plant in Virginia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agreement fits into a broader UAE-US push around frontier technologies.<\/strong> The UAE joined the US-led Pax Silica initiative <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/abu-dhabi-joins-pax-silica-the-us-tech-supply-chain-coalition\/\" style=\"\">earlier this year<\/a>, with both countries identifying advanced manufacturing, energy systems, and fusion among their strategic priorities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>No bang for the buck just yet: <\/strong>Commercial fusion remains years away. But governments and investors are already jockeying for position around the technologies and supply chains expected to emerge around the sector. CFS is expecting its SPARC project to produce first plasma \u2014 the milestone marking initial electrically charged gas generation \u2014 either this year or next, but production on a commercial scale for grids could still take at least 10 years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>The UAE has been increasing its exposure to the US energy scene recently. Mubadala took part in a USD 9.75 bn financing package backing a US-based gas and LNG platform <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/18\/the-uaes-american-energy-hedge-gets-bigger\/\" style=\"\">last month<\/a>, while Adnoc has recently said its <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/30\/adnoc-maps-full-stack-gas-play-in-us\/\" style=\"\">lining up tens of bns of USD<\/a> for a gas push in the US.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/nuclear-energy\/\">nuclear energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-us-relations\/\">UAE-US 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=\"118561 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=\"118561\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/118561\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-118561\" class=\"content-area-description single-story post-118561 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\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/741.jpg?ssl=1\"><\/a><\/span><\/p>\n\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=\"118562\" 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=\"118562\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/retail-t-sukuk-is-coming-soon-and-at-a-cheaper-price\/\">\r\n                            Lower thresholds for gov\u2019t retail T-sukuk drive                        <\/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\/06\/18\/retail-t-sukuk-is-coming-soon-and-at-a-cheaper-price\/\" 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\/06\/18\/retail-t-sukuk-is-coming-soon-and-at-a-cheaper-price\/')\">\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\/06\/18\/retail-t-sukuk-is-coming-soon-and-at-a-cheaper-price\/\">\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=Retail T-sukuk is coming soon \u2014 and at a cheaper price&url=https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/retail-t-sukuk-is-coming-soon-and-at-a-cheaper-price\/\">\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\/06\/18\/retail-t-sukuk-is-coming-soon-and-at-a-cheaper-price\/&title=Retail T-sukuk is coming soon \u2014 and at a cheaper price\">\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=Retail+T-sukuk+is+coming+soon+%E2%80%94+and+at+a+cheaper+price+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2026%2F06%2F18%2Fretail-t-sukuk-is-coming-soon-and-at-a-cheaper-price%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\/06\/18\/retail-t-sukuk-is-coming-soon-and-at-a-cheaper-price\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/42.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"118563\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/retail-t-sukuk-is-coming-soon-and-at-a-cheaper-price\/42-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/42.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"42.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/42.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/42.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-118562\" class=\"content-area-description single-story post-118562 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt tag-debt-watch tag-enterpriseam-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>The UAE\u2019s retail T-sukuk program is finally going live: <\/strong>The Finance Ministry is readying the first sovereign retail T-sukuk issuance, allowing citizens and residents to invest directly in government-backed sukuk through an IPO-style subscription process for the first time, according to a <a target=\"_blank\" href=\"https:\/\/mof.gov.ae\/en\/news\/ministry-of-finance-unveils-uaes-first-sovereign-retail-t-sukuk-investment-opportunities-for-citizens-and-residents\/\" style=\"\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The good news is: <\/strong>The threshold to invest has been lowered to AED 1k, instead of the AED 4k threshold previously outlined by the ministry, pointing to the government looking to cast the participation net as wide as possible. The sukuk will also be tradable on Nasdaq Dubai after listing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The initiative was first unveiled <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/27\/retail-investors-can-now-access-the-governments-t-sukuk\/\" style=\"\">last October<\/a> as part of a push to broaden participation in government investment instruments and encourage long-term saving and investing. The move builds on the UAE\u2019s wider T-sukuk program, which is <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/01\/mgx-invests-in-anthropics-latest-funding-round-the-latest-t-sukuk-was-oversubscribed-again\/\" style=\"\">consistently oversubscribed<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Emirates NBD will act as lead receiving bank, alongside our friends at Mashreq, Emirates Islamic, ADIB, and Ajman Bank as receiving banks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Watch this space:<\/strong> Details of the first issuance \u2014 including the coupon rate, tenor, and subscription period \u2014 are expected within a week. Fitch Ratings\u2019 Bashar Al Natoor <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/27\/retail-investors-can-now-access-the-governments-t-sukuk\/\" style=\"\">previously told EnterpriseAM<\/a> the program could eventually be opened up to international retail investors if local demand proves strong.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"118564\" 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=\"118564\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/cntxt-ai-raises-usd-60-mn-from-bluefive-capital-abu-dhabis-ai71\/\">\r\n                            BlueFive Capital, AI71 back CNTXT AI with USD 60 mn series A round                        <\/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\/06\/18\/cntxt-ai-raises-usd-60-mn-from-bluefive-capital-abu-dhabis-ai71\/\" 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\/06\/18\/cntxt-ai-raises-usd-60-mn-from-bluefive-capital-abu-dhabis-ai71\/')\">\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\/06\/18\/cntxt-ai-raises-usd-60-mn-from-bluefive-capital-abu-dhabis-ai71\/\">\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=CNTXT AI raises USD 60 mn from BlueFive Capital, Abu Dhabi\u2019s AI71&url=https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/cntxt-ai-raises-usd-60-mn-from-bluefive-capital-abu-dhabis-ai71\/\">\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\/06\/18\/cntxt-ai-raises-usd-60-mn-from-bluefive-capital-abu-dhabis-ai71\/&title=CNTXT AI raises USD 60 mn from BlueFive Capital, Abu Dhabi\u2019s AI71\">\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=CNTXT+AI+raises+USD+60+mn+from+BlueFive+Capital%2C+Abu+Dhabi%E2%80%99s+AI71+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2026%2F06%2F18%2Fcntxt-ai-raises-usd-60-mn-from-bluefive-capital-abu-dhabis-ai71%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\/06\/18\/cntxt-ai-raises-usd-60-mn-from-bluefive-capital-abu-dhabis-ai71\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/1049.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"118565\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/cntxt-ai-raises-usd-60-mn-from-bluefive-capital-abu-dhabis-ai71\/1049-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/1049.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1049.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/1049.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/6\/1049.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-118564\" class=\"content-area-description single-story post-118564 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-ai tag-bluefive-capital tag-enterpriseam-uae tag-investment tag-startup-watch tag-startups tag-tech 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>Arabic AI startup Cntxt AI raised USD 60 mn in a Serie<\/strong><strong>s A round co-led by private equity firm BlueFive Capital and AI71<\/strong>, a subsidiary of Abu Dhabi\u2019s Advanced Technology Research Council, according to a <a href=\"https:\/\/www.wamda.com\/2026\/06\/uae-cntxt-ai-acquires-actualize-expand-enterprise-grade-arabic-ai-agents\" target=\"_blank\" rel=\"noopener\">press release<\/a>. The round is one of the larger early-stage raises in a Gulf AI startup this year, and will allow the startup to develop its products and expand into new markets.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The investors are heavyweights: <\/strong>AI71 is Abu Dhabi's applied AI company focused on sovereign, domain-specialized AI. BlueFive Capital, meanwhile, is quickly becoming the Gulf\u2019s most active investor \u2014 leading two major founding rounds this month, including CNTXT AI\u2019s and a <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/03\/cargox-lands-usd-250-mn-to-scale-driverless-delivery\/\" target=\"_blank\" rel=\"noopener\">USD 250 mn funding round for CargoX<\/a>, while <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/11\/bluefive-capital-secures-minority-49-stake-in-leaseplan-emirates\/\" target=\"_blank\" rel=\"noopener\">acquiring stakes<\/a> in several mobility firms over the past couple of months.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>PLUS- AI71 and CNTXT AI\u2019s Mohammad Abu Sheikh are no strangers:<\/strong> Abu Sheikh previously founded LocAI, which built applications on top of the large language models, and which was later acquired by AI71.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>CNTXT AI's core product is a data sovereignty pitch.<\/strong> The company works with Oracle, Nvidia, and Amazon Web Services, and has supported several major global AI developers on large language model initiatives. Its flagship product, Munsit, billed as the most accurate Arabic voice AI, has processed over 1 mn minutes of speech and serves more than 250 enterprises and 150k users.<\/p>\n\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\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/bluefive-capital\/\">BlueFive Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tech\/\">tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"118566 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=\"118566\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/118566\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-118566\" class=\"content-area-description single-story post-118566 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:\/\/web.facebook.com\/HassanAllamProperties\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/451.jpeg?ssl=1\"><\/a><\/span><\/p>\n\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=\"118567\" 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=\"118567\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/swvl-doubles-its-gcc-revenue-and-closes-in-on-operating-breakeven-in-1q-2026\/\">\r\n                            Swvl doubles down on GCC                        <\/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\/06\/18\/swvl-doubles-its-gcc-revenue-and-closes-in-on-operating-breakeven-in-1q-2026\/\" 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 Dubai-based enterprise mobility company also saw its operating loss narrow 71% to USD 0.2 mn \u2014 not yet at breakeven, but close.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Gulf is doing the heavy lifting.<\/strong> GCC revenue more than doubled \u2014 up 111% y-o-y to USD 3.6 mn \u2014 driven by accelerating enterprise demand across the region. Egypt, still the larger market by revenue at USD 4.6 mn, grew a more measured 45% y-o-y.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The revenue mix continues to improve: <\/strong>Recurring revenue \u2014 the long-duration enterprise contracts that give Swvl predictable cashflows \u2014 rose to 88% of total revenue, up from 86% a year earlier. USD-pegged revenue grew 111% to USD 3.6 mn, now accounting for 44% of total revenue versus 35% in 1Q 2025. That matters for a company with significant Egypt exposure: more USD-linked contracts mean less vulnerability to EGP fluctuations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Net USD retention (an indicator for expanded customer spend) was at 114%<\/strong> \u2014 another sign the startup is focusing on sustainable growth, a major shift from its growth-at-all-costs strategy from a few years back. <strong>We recently spoke to Swvl\u2019s current CFO, Ahmed Misbah, about the restructuring the startup went through, the steps they\u2019re taking to comply with Nasdaq\u2019s listing guidelines, and their expansion strategy<\/strong>, <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/04\/21\/swvl-is-not-dropping-off-of-nasdaq-just-yet-as-it-swings-into-the-black-in-2025\/\" style=\"\">here<\/a>. <\/p>\n\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\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mobility\/\">Mobility<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/swvl\/\">Swvl<\/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=\"118569\" 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=\"118569\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/edge-deepens-partnerships-home-and-abroad-fresh-investments-from-investcorp-and-dubizzle-and-more-pharma-localization\/\">\r\n                            Edge deepens partnerships home and abroad, fresh investments from Investcorp and Dubizzle, and more pharma localization                        <\/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        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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/686.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"118570\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/edge-deepens-partnerships-home-and-abroad-fresh-investments-from-investcorp-and-dubizzle-and-more-pharma-localization\/686-jpg-9\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/686.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"686.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/686.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/686.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-118569\" class=\"content-area-description single-story post-118569 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-defense tag-edge-group tag-enterpriseam-uae tag-investment-watch tag-ma tag-pharma 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\">\n<p class=\"tag-border-left\">Edge is taking its non-lethal defense push deeper into Europe<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>State defense<\/strong><strong> firm Edge is back at it, this ti<\/strong><strong>me with a new Hungary-based JV with <\/strong><strong>4iG Space and Defense Technologies<\/strong>, focusing on the development of non-lethal defense systems like ammunition and smart defense tech, it said in a <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-and-4ig-sd-partner-expand-european-industrial-capacity-advanced-security-technologies\" style=\"\">press release<\/a>. The two sides inked a preliminary agreement through Edge subsidiary Condor, building on an MoU <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/29\/docktour-to-boost-angolas-healthcare-infrastructure-and-supply-chain\/\" style=\"\">from last year<\/a>. They also plan to set up a regional testing and expertise center serving military, law enforcement, and public organizations in Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We also have more details about a <\/strong><strong>planned<\/strong><strong> JV<\/strong><strong> with<\/strong> <strong>Ita<\/strong><strong>lian aerospace and defense company<\/strong> <strong>Leonardo<\/strong> focused on advanced defense sensors and systems, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/c0rriz2-edge-leonardo-partner-through-joint-venture\" style=\"\">Wam<\/a> reports. The JV will develop and manufacture products for Leonardo\u2019s M-346 trainer aircraft and other defense products, targeting customers in Europe and international markets. Edge says the JV has a potential pipeline of more than EUR 4 bn over the next five years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher: <\/strong>The two firms are also building a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/13\/edge-italys-leonardo-to-build-tech-center-in-abu-dhabi\/\" style=\"\">tech center<\/a> in Abu Dhabi, and had been planning an Abu Dhabi-based JV focused on developing defense systems including sensors, integration systems, and platforms for both UAE and international clients. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- It finalized plans for a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/26\/edge-spain-partner-on-weapons-localization-dubai-industrial-city-to-get-new-concrete-facility-barakat-begins-new-kezad-build-payrails-sets-up-in-difc\/\" style=\"\">UAE-based JV<\/a><\/strong><strong> supplying remot<\/strong><strong>e weapon systems to the UAE and other markets with Spain\u2019s EM&E Group<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/c0rrit7-edge-eme-group-seal-agreement-establish-joint\" style=\"\">Wam<\/a> reports. The JV \u2014 whose commercial pipeline is now valued at USD 1.7 bn, up from USD 1.5 bn \u2014 is expected to be operational in 4Q. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Edge\u2019s Europe ties are growing deeper:<\/strong> Edge agreed to establish two JVs with French aerospace and defense firm Safran on weapons, munitions, and launch systems for unmanned aerial vehicles <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/17\/oak-hills-advisors-to-set-up-shop-in-difc-edge-safran-team-up-again\/\" style=\"\">earlier this week<\/a>. It has also recently established <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/12\/this-morning-maf-is-not-delaying-delivery-for-tilal-al-ghaf-homes-for-now-edge-to-set-up-edge-europe-in-paris\/\" style=\"\">its European HQ in Paris<\/a> as the UAE\u2019s investment in its defense sector <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/06\/uae-defense-sector-investment-drive-gains-momentum-with-plans-for-new-funding-platform\/\" style=\"\">gains momentum<\/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\">InvestCorp is backing Metra<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global alternative a<\/strong><strong>sset <\/strong><strong>manager Investcorp acquired a strategic stake in <\/strong><strong>UAE-based Metra<\/strong>, marking the first time the tech and IT distributor has brought in an outside investor, according to a <a target=\"_blank\" href=\"https:\/\/www.investcorp.com\/investcorp-takes-strategic-stake-in-metra-expanding-into-the-gccs-high-growth-it-distribution-market\/\" style=\"\">press release<\/a>. Investcorp says the investment gives it exposure to some of the fastest-growing corners of enterprise technology, including AI, cybersecurity, data centers, computing devices, and digital marketplaces. It forms Investcorp\u2019s fourth investment <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/14\/investcorp-capital-invests-in-investcorps-usd-750-mn-golden-horizon-fund\/\" style=\"\">through its Saudi Pre-IPO Growth fund<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s Metra? <\/strong>The family-owned distributor recorded over USD 1 bn in sales last year and has distributor partnerships with some 40 global IT brands, including Cisco, Dell, HP, and Lenovo. The GCC market, especially the UAE and saudi, serves as its main revenue engine, accounting for 70% of top-line inflows.<\/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\">Dubizzle backs UAE rent-rewards startup Tern<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Classifieds group Dubizzle acquired a strategic stake in Tern<\/strong>, a platform that lets UAE tenants pay rent by credit card and earn rewards redeemable on travel, lifestyle, and retail, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/6\/1036.pdf\" style=\"\">press release (pdf)<\/a>. Tern launched operations in May 2025 and says it has processed over AED 150 mn in annualized rent payments since.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tern\u2019s reward features will be integrated into Dubizzle and Bayut\u2019s platforms<\/strong> as the competition between UAE proptech players to own the post-search layer of the rental journey \u2014 spanning payments, rewards, and property management \u2014 heats up.<\/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\">Another pharma localization agreement lands in Abu Dhabi<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More drugs are set to be localized at home: <\/strong>UAE-based pharma manufacturer Adcan Pharma partnered with Spanish pharma firm Galencium to manufacture and batch release some of the latter\u2019s products in the UAE, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/adcan-pharma-and-galenicum-partner-to-elevate-uaes-pharmaceutical-manufacturing-capabilities-xt35ue9s\" style=\"\">press release<\/a>. The specific products were undisclosed, but the companies say the agreement is intended to improve medicine availability and reduce supply-chain risks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>The agreement adds to a broader push to build domestic drug manufacturing capacity, after Adcan inked a similar agreement with Italian pharma and diagnostics company Menarini <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/adcan-pharma-and-menarini-partner-to-strengthen-uaes-pharmaceutical-manufacturing-industry-nnrnnf9x\" style=\"\">earlier this week<\/a>. LifePharma also recently partnered with AD Ports on a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/05\/fdi-takes-a-step-back-as-focus-turns-towards-domestic-investments\/\" style=\"\">AED 700 mn manufacturing platform in Kezad<\/a>, while Novo Nordisk <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/09\/this-morning-dib-tests-appetite-for-gulf-debt-middle-eastern-airlines-could-be-staring-down-a-collective-loss-for-this-year\/\" style=\"\">signed an MoU<\/a> with the Emirates Drug Establishment covering manufacturing, supply-chain resilience, talent development, and research collaboration.<\/p>\n\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\/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\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/pharma\/\">pharma<\/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=\"118571\" 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=\"118571\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/18\/kevin-warsh-kicks-off-era-as-fed-chief-with-a-rate-hold-and-a-makeover\/\">\r\n                            A new Fed era                        <\/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\/06\/18\/kevin-warsh-kicks-off-era-as-fed-chief-with-a-rate-hold-and-a-makeover\/\" 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 statement, instead, was boiled down to three paragraphs essentially saying: economic activity is expanding at a solid pace, inflation remains elevated partly due to energy supply shocks from the Middle East conflict, and the committee will deliver price stability. It contained no signals for what the Fed might do next. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sitting out the dot plot:<\/strong> Nine of the 18 FOMC participants projected the federal funds rate ending 2026 above its current range \u2014 implying at least one hike \u2014 and the dot plot appeared to be missing one submission. Warsh <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/fed-chief-warsh-appears-forgo-dot-indicating-his-rate-path-view-2026-06-17\/\" style=\"\">confirmed<\/a> it was his, and hinted there might be a whole new framework for the Fed\u2019s public communications by the end of the year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Warsh said there would be five task forces<\/strong> \u2014 covering the Fed's communications, its balance sheet, its reliance on existing data sources, productivity and jobs, and its inflation framework \u2014 most of which he hopes will conclude by fall or year-end. Everything is on the table: the dot plot, the quarterly Summary of Economic Projections, FOMC meeting minutes and transcripts, even the post-meeting press conference. Warsh signalled he may hold fewer of those too: \u201cWhen you have one, you want to make sure you have something important to say,\u201d he was <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2026\/06\/17\/economy\/fed-rate-decision-june-kevin-warsh\" style=\"\">quoted<\/a> as saying. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>His argument: <\/strong>When financial markets simply reflect back what the Fed has said, the Fed loses its most important source of information. He wants markets watching data, not watching the Fed watching data.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Markets did not love any of this. <\/strong>The S&P 500 closed down 1.2% and the Nasdaq fell 1.3%. The 10-year Treasury yield shot to nearly 4.5%. Traders were also <a target=\"_blank\" href=\"https:\/\/www.nbcnews.com\/business\/economy\/inflation-kevin-warsh-fed-fomc-meeting-rcna350411\" style=\"\">pricing better than a 90% chance of a rate hike<\/a> by October, with many pricing in a hike as soon as September.<\/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\"><strong>Asian markets are mixed this morning<\/strong>, with Japan\u2019s Nikkei jumping to a fresh record while Hong Kong\u2019s Hang Seng fell, and mainland China\u2019s CSI 300 was flat. Wall Street futures, meanwhile, are on the rise as traders digest the outcome of the FOMC yesterday. <\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\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\">9,996<\/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: +0.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">6,116<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.0% (YTD: +1.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,858<\/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\">+1.7% (YTD: -0.6%)<\/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\">4.1% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">11,115<\/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: +6.0%)<\/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\">52,622<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.1% (YTD: +25.8%)<\/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\">7,420<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.2% (YTD: +8.4%)<\/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>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\">10,509<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +5.8%)<\/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>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\">6,300<\/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: +8.8%)<\/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>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 79.55<\/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>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.16<\/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\">+0.5%<\/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>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 5,294.8<\/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\">-2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 64,277<\/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\">-2.2% (YTD: -27.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Chimera JP Morgan UAE Bond UCITS ETF<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">AED 3.73<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.1% (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>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\">152.09<\/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\">-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\">18.44<\/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\">+12.4% (YTD: +23.3%)<\/p>\n<\/td>\n<\/tr>\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 <\/strong><strong>DFM<\/strong><strong> rose 1.0% yesterday<\/strong> on turnover of AED 1.5 bn. The index is up 1.1% 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>Al Firdous Holdings (+14.8%), Agility The Public Warehousing Company (+11.9%), and Ekttitab Holding Company (+8.9%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Al Salam Sudan (-1.7%), Emirates Reem Investments Company (-1.5%), and Islamic Arab Ins. Company (-1.2%). <\/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 1.7 bn. Meanwhile, Nasdaq Dubai was up 1.7%.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/interest-rates\/\">interest rates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/us-federal-reserve\/\">US Federal Reserve<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"118573\" 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\/06\/18\/118573\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-118573\" class=\"content-area-description single-story post-118573 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;\">JUNE <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22-24 June (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>, 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 style=\"font-weight:400;\">28-29 July (Tuesday-Wednesday): Federal Open Market Committee (FOMC) meeting. <\/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;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-3 September (Tuesday-Thursday: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.middleeast-energy.com\/en\/home.html\" style=\"\">Middle East Energy<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 September (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>7-9 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dwtc.com\/en\/events\/international-property-show-2026\/\" style=\"\">International Property Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-13 September (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>14-17 September (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wtm.com\/atm\/en-gb.html\" style=\"\">Arabian Travel Market<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">15-16 September (Tuesday-Wednesday): Federal Open Market Committee (FOMC) meeting. <\/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;\">29-30 September (Tuesday-Wednesday): AFCM Annual Conference, 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;\">OCTOBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-10 October (Sunday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/space.gov.ae\/en\/media-center\/events\/world-space-week\" style=\"\">World Space Week<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5-7 October (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, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-14 October (Monday-Wednesday: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/en-gb.html\" style=\"\">Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-22 October (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>27-28 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/indico.un.org\/event\/1021967\/\" style=\"\">Arab Competition Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">27-28 October (Tuesday-Wednesday): Federal Open Market Committee (FOMC) meeting. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 October (Friday):<\/span> <span>Large businesses achieving annual revenues equal to or above AED 50<\/span> <span>mn<\/span> <span>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;\">NOVEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-6 November (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>, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/digitransformationsummit.com\/uae\/\" style=\"\">Digital Transformation Summit<\/a><\/span><span style=\"font-weight:400;\">, Sofitel, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-10 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bmkxm3q-mohammad-gergawi-announces-dates-next-uae\" style=\"\">Annual government meetings<\/a><\/span><span>, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">9-12 November (Monday-Thursday): EMEA Council on Hotel, Restaurant and Institutional Education Conference, Dubai College of Tourism, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mediaoffice.ae\/en\/news\/2026\/february\/24-02\/rta-organises-the-inaugural-edition-of-dubai-international\" style=\"\">Dubai International Electric Vehicle Exhibition & Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">16-18 November (Monday-Wednesday): World Police Summit, Dubai World Trade Center, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span 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>4-6 December (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.formula1.com\/en\/racing\/2026\/united-arab-emirates\" style=\"\">Formula 1 Abu Dhabi Grand Prix<\/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=\"\">8-9 December (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=\"\">, Madinat Jumeirah, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">8-9 December (Tuesday-Wednesday): <\/span><span style=\"font-weight:400;\">Federal Open Market Committee (FOMC) meeting. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-10 December (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mediaoffice.abudhabi\/en\/energy\/organised-by-department-of-energy-abu-dhabi-inaugural-abu-dhabi-water-power-week-to-take-place\/\" style=\"\">Abu Dhabi Water & Power 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;\">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>1-3 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/bymylfm-world-governments-summit-2027-set-from-february\" style=\"\">World Governments Summit<\/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>21-22 April (Wednesday-Thursday): <\/span><span style=\"\">Token2049, Dubai;<\/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 2028:<\/span><\/p>\n<ul>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/1732iqa-uae-strengthens-its-global-leadership-host-2028\" style=\"\">Artificial Intelligence Summit<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in 2029:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Sibos 2029 organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), Dubai;<\/span><\/li>\n<li><span style=\"font-weight:400;\">Annual Meetings of the World Bank Group and the International Monetary Fund, Abu Dhabi;<\/span><\/li>\n<li><span>The commissioning of the seventh phase of Mohammed bin Rashid Al Maktoum Solar Park.<\/span> <\/li>\n<\/ul>\n\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>Abu Dhabi invests in fusion firm | BlueFive, AI71 back CNTXT AI | DP World eyes US 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