{"id":86747,"date":"2023-11-21T00:00:00","date_gmt":"2023-11-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=86747"},"modified":"2025-12-14T22:49:59","modified_gmt":"2025-12-14T22:49:59","slug":"privatization-program-rolls-on","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/privatization-program-rolls-on\/","title":{"rendered":"Privatization program rolls on"},"content":{"rendered":"<section id=\"86749\" 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=\"86749\">\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\/2023\/11\/21\/dubai-taxi-corporation-begins-its-bookbuilding-process-plus-satellite-program-moving-forward-electric-air-taxis-are-coming-and-the-meltdown-of-openai\/\">\r\n                            Dubai Taxi Corporation begins its bookbuilding process. PLUS: Satellite program moving forward, electric air taxis are coming, and the meltdown of OpenAI                        <\/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\/2023\/11\/21\/dubai-taxi-corporation-begins-its-bookbuilding-process-plus-satellite-program-moving-forward-electric-air-taxis-are-coming-and-the-meltdown-of-openai\/\" 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\/2023\/11\/21\/dubai-taxi-corporation-begins-its-bookbuilding-process-plus-satellite-program-moving-forward-electric-air-taxis-are-coming-and-the-meltdown-of-openai\/')\">\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\/2023\/11\/21\/dubai-taxi-corporation-begins-its-bookbuilding-process-plus-satellite-program-moving-forward-electric-air-taxis-are-coming-and-the-meltdown-of-openai\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Dubai Taxi Corporation begins its bookbuilding process. 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PLUS: Satellite program moving forward, electric air taxis are coming, and the meltdown of OpenAI\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Dubai+Taxi+Corporation+begins+its+bookbuilding+process.+PLUS%3A+Satellite+program+moving+forward%2C+electric+air+taxis+are+coming%2C+and+the+meltdown+of+OpenAI+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F11%2F21%2Fdubai-taxi-corporation-begins-its-bookbuilding-process-plus-satellite-program-moving-forward-electric-air-taxis-are-coming-and-the-meltdown-of-openai%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\/2023\/11\/21\/dubai-taxi-corporation-begins-its-bookbuilding-process-plus-satellite-program-moving-forward-electric-air-taxis-are-coming-and-the-meltdown-of-openai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86749\" class=\"content-area-description single-story post-86749 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-dubai-customs tag-enterpriseam-uae tag-sirb-satellite-program tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, wonderful people, and welcome to the first-ever zero issue of <\/strong><strong>EnterpriseAM UAE<\/strong>, wherein we will chronicle what we immodestly think is one of the most globally compelling business stories of our generation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN THIS MORNING\u2019S ISSUE we have stories from quite a range of industries and sectors<\/strong>, but we\u2019ve also got the latest on the meltdown of OpenAI (where the story is literally shifting hour-by-hour). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** This is a zero issue of EnterpriseAM UAE<\/strong> and has not been published or distributed to a wide audience. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Did you receive this as a forward? <\/strong>Email <a target=\"_blank\" href=\"mailto:editorial@enterprisemea.com\" style=\"\" rel=\"noopener\">editorial@enterprisemea.com<\/a> and let us know if you\u2019d like to be added to our list of beta readers ahead of our launch.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY here at home is Dubai Taxi Corporation kicking off the bookbuilding <\/strong><strong>process for its planned IPO<\/strong> on the DFM, as part of the Emirates\u2019 wider state privatization program. The company \u2014 Dubai\u2019s biggest taxi operator \u2014 is selling a 25% stake in the IPO. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>UAE aid convoy heads to Gaza: <\/strong>A convoy of trucks carrying humanitarian aid from the UAE to the besieged Gaza Strip has arrived at the Rafah border crossing, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/appxaqg-uae-aid-convoy-sets-off-towards-rafah-crossing\" style=\"\" rel=\"noopener\">WAM<\/a> reported on Sunday. The dispatched convoy of 13 trucks carrying a total of 272.5 tonnes of aid is part of the UAE\u2019s humanitarian Operation Gallant Knight 3, to provide humanitarian relief to the Gazan people.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Operation Gallant Knight 3 is an <\/strong><strong><a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/3urxki-uae-president-orders-launch-gallant-knight\" style=\"\" rel=\"noopener\">initiative<\/a><\/strong><strong> launched under President Sheikh Mohammed Al <\/strong><strong>Nahyan\u2019s decree<\/strong> to set up an air bridge to deliver aid to Gaza. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>Sirb satellite program gets ready for takeoff:<\/strong> The Sirb satellite program is now in its execution phase, after Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched the phase yesterday, according to state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/appxahz-khaled-bin-mohamed-bin-zayed-hamdan-bin-mohammed\" style=\"\" rel=\"noopener\">WAM<\/a>. The project will develop and operate radar satellites, the first of which is scheduled to launch in 2026. Sirb is designed to help the UAE to meet challenges in the areas of climate change and environmental sustainability, urban development, natural disasters, and food security.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All experts aboard:<\/strong> Sirb relies on national talent and UAE companies, with startups, SMEs, and entrepreneurs at the top of the list. The program has recruited EDGE as a strategic partner to manage the Synthetic Aperture Radar payload development and the National Space Science and Technology Center to provide assembly, integration, and testing operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>PM approves Global Star ratings for gov\u2019t entities: <\/strong>UAE Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, has approved the <a target=\"_blank\" href=\"https:\/\/gsr.ae\/en\/home\" style=\"\" rel=\"noopener\">Global Star Ratings<\/a> for 124 federal government service centers and platforms, affiliated with 25 ministries and cabinet authorities, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/appxann-mohammed-bin-rashid-announces-star-ratings-124\" style=\"\" rel=\"noopener\">WAM<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What is the Global Star Rating System? <\/strong>The UAE cabinet rolled out the Global Star RatingSystem in 2011 to track the performance of websites, service centers, and government mobile applications. Following an upgrade in 2019, service centers and digital applications were added to the system.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Top six performers: <\/strong>The six centers which received a six-star rating are all affiliated with the Federal Authority for Identity, Citizenship, Customs, and Ports Security (<a target=\"_blank\" href=\"https:\/\/icp.gov.ae\/en\/\" style=\"\" rel=\"noopener\">ICP<\/a>) and the Interior Ministry, the UAE Government Media Office <a target=\"_blank\" href=\"https:\/\/twitter.com\/UAEmediaoffice?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1726147819353112952%7Ctwgr%5E96f285c7ca5038dfb94a76a23047062b795228b8%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fgulfnews.com%2Fuae%2Fgovernment%2Fuae-sheikh-mohammed-bin-rashid-approves-results-of-star-rating-system-for-124-government-service-centres-1.99486103\" style=\"\" rel=\"noopener\">said on X<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Respite for those who fared the worst: <\/strong>The underperformers will get a 60-day grace period to improve their services, after which they will be reevaluated. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s at stake? <\/strong>If the service centers still underperform following the reevaluation, they will be at risk of being overhauled or terminated. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>Dubai will see electric air taxis take off by 2026<\/strong>, with the high-tech vehicles expected to cut commuting time by 40%, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/uae-air-taxis-to-cut-travel-time-by-40-heres-when-they-will-take-off\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports. The General Civil Aviation Authority (<a target=\"_blank\" href=\"https:\/\/www.gcaa.gov.ae\/en\/Pages\/Home.aspx\" style=\"\" rel=\"noopener\">GCAA<\/a>) is planning to run air taxis by 1Q 2026, according to the authority\u2019s Senior Specialist in Policy and Regulation, Omar Hassan Malek. The project is a collaboration between the Abu Dhabi Investment Office (ADIO) and California-based electric taxi manufacturer Archer Aviation following a partnership agreement last month, Archer said in a <a target=\"_blank\" href=\"https:\/\/investors.archer.com\/news\/news-details\/2023\/Archer--Abu-Dhabi-Investment-Office-Announce-Plan-to-Launch-Archers-All-Electric-Air-Taxi-Service-Across-the-UAE\/default.aspx\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong>DATA POINT #1<\/strong><strong>- The number of transactions at Dubai <\/strong><strong>Customs increased 13% y-o-y in 9M 2023<\/strong>, reaching 21.6 mn transactions, according to <a target=\"_blank\" href=\"https:\/\/www.dubaicustoms.gov.ae\/en\/NewsCenter\/Pages\/NewsDetail.aspx?NewsId=1989\" style=\"\" rel=\"noopener\">Dubai<\/a><a target=\"_blank\" href=\"https:\/\/www.dubaicustoms.gov.ae\/en\/NewsCenter\/Pages\/NewsDetail.aspx?NewsId=1989\" style=\"\" rel=\"noopener\">Customs<\/a>. Customs declarations accounted for 87% of total customs transactions, increasing by 13.2% y-o-y by the end of Q3, to 18.8 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Closer to D33 targets:<\/strong> The increase in transactions aligns with Dubai\u2019s economic agenda D33, to double foreign trade and establish new trade routes connecting Dubai with 400 cities worldwide. Dubai Customs is continuing to enhance its Mirsal 2 system to meet this commitment, developing digital platforms to enhance capacity, says Director-General of Dubai Customs, Ahmed Mahboob Musabih. Currently, Dubai Customs\u2019 digital programs are capable of processing 70k customs declarations daily.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt6\"><\/a> <strong>DATA POINT #2- The UAE holds 19% of the global sustainable sukuk market<\/strong>, with the value of its Environmental, Social and Governance (ESG) sukuk reaching USD 6.4 bn during the first nine months of the year. This is a 41% increase from the preceding quarter, <a target=\"_blank\" href=\"https:\/\/www.snabusiness.com\/article\/1671460-%D9%81%D9%8A%D8%AA%D8%B4-%D8%A7%D9%84%D8%A7%D9%95%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%B3%D8%AA%D8%AD%D9%88%D8%B0-19-%D8%A7%D9%84%D8%B5%D9%83%D9%88%D9%83-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%AF%D8%A7%D9%85%D8%A9-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7\" style=\"\" rel=\"noopener\">Skynews Arabia<\/a> reports, citing Fitch Ratings. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PSA- Dubai\u2019s Al Meydan Street Improvement Project is now 85% complete<\/strong>, according to a statement by the <a target=\"_blank\" href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/completion-of-85-of-al-meydan-street-improvement-project\" style=\"\" rel=\"noopener\">Dubai\u2019s Roads and Transport Authority<\/a> (RTA) yesterday. The project will make the street wider (from two to at least three lanes), changing Al Meydan Roundabout to a T-shaped signalized intersection, and extending Al Quoz Roundabout into a longer street along the route, the statement says. The changes are designed to slash travel time on the street \u201cfrom eight minutes to just one minute during the morning period and from seven minutes to less than one minute in the evening,\u201d RTA roads director Hamad Al Shehhi said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CBUAE issues coins to commemorate Quran Award silver jubilee:<\/strong> The Central Bank of the UAE (CBUAE) issued 8k silver coins in recognition of the 25th anniversary of the <a target=\"_blank\" href=\"http:\/\/www.quran.gov.ae\/\" style=\"\" rel=\"noopener\">Dubai International Holy Quran Award<\/a>, the bank said in a <a target=\"_blank\" href=\"https:\/\/www.centralbank.ae\/media\/ipjnknx0\/cbuae-issues-commemorative-coins-on-the-occasion-of-dubai-international-holy-quran-award-silver-jubilee_en.pdf\" style=\"\" rel=\"noopener\">press release<\/a>. The coins are set to be given to the award\u2019s organizing committee and will not be up for sale.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1117.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>SH*T SHOW AT THE F*CK FACTORY- Sam Altman is out at OpenAI. But is he returning as CEO to <\/strong><strong>the company he founded? Or taking as many as 700 OpenAI staff and decamping for Microsoft?<\/strong> Not even Microsoft boss Satya Nadella seems to know. Sh*t show at the f*ck factory, indeed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Here are the big beats \u2014 and big, lingering questions \u2014 in the drama <\/strong>that the global business press has dubbed the single largest business story of 2023. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-11-20\/openai-investors-led-by-thrive-angle-to-bring-back-altman?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/54e36c93-08e5-4a9e-bda6-af673c3e9bb5\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/openai-employees-threaten-to-quit-unless-board-resigns-bbd5cc86\" style=\"\" rel=\"noopener\">WSJ<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>1- OpenAI\u2019s board fired Altman over the weekend <\/strong>in what Silicon Valley insiders are calling a \u201ccoup\u201d led by the company\u2019s chief scientist. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>2- The chief scientist is now threatening to leave with Altman<\/strong>, saying he regrets his actions. (Sure, Fredo.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>3- OpenAI\u2019s board<\/strong> (all of them external folks, none of them shareholders) <strong>has missed two <\/strong><strong>deadlines to bring back Altman and then resign themselves<\/strong>. They\u2019ve been under pressure from major shareholders including Microsoft and venture capital outfit Thrive. Instead, they\u2019ve fired the interim CEO they appointed a few days ago (she\u2019s backing Altman) and hired the guy who used to run Twitch.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>4- Nadella announced in a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/twitter.com\/satyanadella\/status\/1726509045803336122\" style=\"\" rel=\"noopener\">stone-cold<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/twitter.com\/satyanadella\/status\/1726509045803336122\" style=\"\" rel=\"noopener\">tweet<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/twitter.com\/satyanadella\/status\/1726509045803336122\" style=\"\" rel=\"noopener\">post<\/a><\/strong><strong> on Elon Musk\u2019s dumpster fire of a social <\/strong><strong>network<\/strong> that Altman is joining Microsoft. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And as of right now: <\/strong><a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/openai-employees-threaten-to-quit-unless-board-resigns-bbd5cc86\" style=\"\" rel=\"noopener\">More than 700 OpenAI staff have threatened to walk<\/a>, Nadella <a target=\"_blank\" href=\"https:\/\/www.theverge.com\/2023\/11\/20\/23970100\/sam-altman-microsoft-openai-satya-nadella-interview\" style=\"\" rel=\"noopener\">doesn\u2019t<\/a><a target=\"_blank\" href=\"https:\/\/www.theverge.com\/2023\/11\/20\/23970100\/sam-altman-microsoft-openai-satya-nadella-interview\" style=\"\" rel=\"noopener\">seem to know whether he employs Altman or not<\/a>, and it seems <a target=\"_blank\" href=\"https:\/\/www.theverge.com\/2023\/11\/20\/23969586\/sam-altman-plotting-return-open-ai-microsoft\" style=\"\" rel=\"noopener\">Altman is still making a play to return to OpenAI<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PSA- Maybe you don\u2019t want to pay for ChatGPT Plus, after all? <\/strong><a target=\"_blank\" href=\"https:\/\/www.bing.com\/new\" style=\"\" rel=\"noopener\">Microsoft\u2019s Copilot<\/a> (until recently named Bing) is powered by a fairly recent build of ChatGPT and <a target=\"_blank\" href=\"https:\/\/bard.google.com\/chat\" style=\"\" rel=\"noopener\">Google\u2019s Bard<\/a> has exploded out of the gates in recent weeks, now giving users the ability to link Bard to their email as well as to Google\u2019s Docs, Sheets and Slides products, among others.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE LOCAL ANGLE- Does this mean the end of Altman\u2019s bid to raise funds out of the UAE and Saudi <\/strong>to back a new business focused on chips and devices for AI? He had been in and out of our neck of the woods trying to raise \u201ctens of bns\u201d of USD for unspecified hardware-focused projects, <a target=\"_blank\" href=\"https:\/\/fortune.com\/2023\/11\/19\/sam-altman-was-fundraising-for-chip-venture-to-rival-nvidia-before-openai-ouster\/\" style=\"\" rel=\"noopener\">Fortune<\/a> reports, suggesting Altman had been speaking with the Public Investment Fund as well as Abu Dhabi\u2019s Mubadala. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HAPPENING TODAY-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Knowledge Summit 2023 is happening today and tomorrow at the Dubai World Trade<\/strong><strong> Center<\/strong>, bringing together policymakers, academics, and entrepreneurs, Sheikh Rashid Hall. It will be followed by virtual sessions on Thursday, according to a <a target=\"_blank\" href=\"https:\/\/mbrf.ae\/knowledgesummit\/\" style=\"\" rel=\"noopener\">press release<\/a>. This year\u2019s theme is Knowledge Cities and the Fifth Industrial Revolution, with the summit set to cover a range of topics, including coexistence during the fifth industrial revolution, the role of Sustainable Development Goals (SDGs) during the revolution, advancements in biotechnology, and strategies to achieve zero waste. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n  <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"user\/subscribe-details\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MARKET WATCH-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil inched up more than 2% on the back of anticipated OPEC+ supply cuts<\/strong>: Brent crude was up 2.1% at USD 82.32 a barrel, as prolonged production cuts are expected to be announced at an OPEC+ meeting next Sunday. An additional cut of 1 mn barrels per day could also be on the cards for the cartel after oil prices began slumping towards the end of October, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b2828be2-a3a7-4b3f-bb50-d816ee7162ca\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports, citing a source it says is in the know. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The increases follow a four-week fall in crude oil prices after Israel\u2019s war on Gaza<\/strong> disrupted supplies in the Middle East and wavered demand. Expected action by OPEC+, in addition to a weakening of the USD and the potential release of more Israeli hostages from Gaza, are possible reasons for the surge in the market, according to <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/57165\/%D8%B3%D8%B9%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%8A%D8%B3%D8%AA%D9%82%D8%B1-%D8%A8%D8%B9%D8%AF-%D8%AA%D8%B0%D8%A8%D8%B0%D8%A8-%D9%8A%D9%88%D9%85%D9%8A%D9%86-%D9%88%D8%A7%D9%84%D8%A3%D9%86%D8%B8%D8%A7%D8%B1-%D9%86%D8%AD%D9%88-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D8%A3%D9%88%D8%A8%D9%83%2B\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-extends-gains-opec-mull-deeper-cuts-2023-11-20\/\" style=\"\" rel=\"noopener\">Reuters<\/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\/dubai-customs\/\">Dubai Customs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sirb-satellite-program\/\">Sirb satellite program<\/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=\"86750\" 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=\"86750\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">PRIVATIZATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/retail-institutional-subscriptions-are-on-for-dubai-taxi-corporation\/\">\r\n                            Retail + institutional subscriptions are on for Dubai Taxi Corporation                        <\/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\/2023\/11\/21\/retail-institutional-subscriptions-are-on-for-dubai-taxi-corporation\/\" 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\/2023\/11\/21\/retail-institutional-subscriptions-are-on-for-dubai-taxi-corporation\/')\">\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\/2023\/11\/21\/retail-institutional-subscriptions-are-on-for-dubai-taxi-corporation\/\">\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 + institutional subscriptions are on for Dubai Taxi Corporation&url=https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/retail-institutional-subscriptions-are-on-for-dubai-taxi-corporation\/\">\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\/2023\/11\/21\/retail-institutional-subscriptions-are-on-for-dubai-taxi-corporation\/&title=Retail + institutional subscriptions are on for Dubai Taxi Corporation\">\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+%2B+institutional+subscriptions+are+on+for+Dubai+Taxi+Corporation+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F11%2F21%2Fretail-institutional-subscriptions-are-on-for-dubai-taxi-corporation%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\/2023\/11\/21\/retail-institutional-subscriptions-are-on-for-dubai-taxi-corporation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/259.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86751\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/retail-institutional-subscriptions-are-on-for-dubai-taxi-corporation\/259-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/259.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"259.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/259.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/259.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86750\" class=\"content-area-description single-story post-86750 post type-post status-publish format-standard has-post-thumbnail hentry category-privatization-watch tag-dubai-financial-market tag-dubai-taxi-corporation tag-enterpriseam-uae tag-privatization tag-privatization-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dubai Taxi IPO kicks off book building today:<\/strong> State-owned <a target=\"_blank\" href=\"https:\/\/www.dubaitaxi.ae\/\" style=\"\" rel=\"noopener\">Dubai Taxi Corporation<\/a> (DTC) starts its eight-day book building process today for both retail and institutional investors, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/www.dubaitaxi.ae\/ipo\/\" style=\"\" rel=\"noopener\">IPO website<\/a>. The book building process ends next Tuesday, 28 November for retail investors and Wednesday, 29 November for institutional investors. DTC expects to be listed on the DFM by 7 December. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the offering:<\/strong> The DTC is offering 624.8 mn shares \u2014 a 25% stake \u2014 at a nominal rate of AED 0.04 per share, the company said in its <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/678.pdf\" style=\"\" rel=\"noopener\">intention to float (pdf)<\/a>. The indicative price range will be announced today, while the final share price will be announced following the book building process. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lots of potential investors already?<\/strong> Prospective investors in the IPO have been submitting their loan requests to local banks \u2014 ranging between AED 50k to AED 10 mn \u2014 <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/banking\/for-dubai-taxi-ipo-retail-investors-tap-banks-for-loans-from-dh50000-to-millions-of-dirhams-1.1700451568730\" style=\"\" rel=\"noopener\">Gulf News<\/a> reported yesterday, citing industry sources. Given the high demand for the IPO, bankers have been advising prospective investors to up their subscription amounts if they hope to secure a more significant allocation of DTC shares. \u201cBased on what we are seeing, this will sell out in minutes. I cannot comment on institutional investor demand, but even the high networth investor demand is off the charts,\u201d Gulf News writes, citing an anonymous banker. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS<\/strong>- Citibank, Emirates NBD, and Merrill Lynch are joint global coordinators for the transaction. Joining them on joint bookrunner duties are EFG Hermes UAE and FAB. Emirates NBD is lead receiving bank, while our friends at Mashreq Bank are also serving as a receiving bank alongside FAB and others. Rothschild is also serving as an independent financial advisor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">ALSO FROM DUBAI TAXI- Mansoor Rahma Alfalasi (<a target=\"_blank\" href=\"https:\/\/ae.linkedin.com\/in\/mansoor-alfalasi-bb6067275\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) has been appointed as CEO of <a target=\"_blank\" href=\"https:\/\/www.dubaitaxi.ae\/\" style=\"\" rel=\"noopener\">Dubai Taxi<\/a>, following the company\u2019s first board meeting, according to a Dubai Media Office <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2023\/November\/19-11\/Dubai-Taxi-appoints-Mansoor-Alfalasi-as-CEO\" style=\"\" rel=\"noopener\">press release<\/a>. Alfalasi has experience in managing mobility sector businesses, having served as the CEO of Dubai Taxi Corporation (not the same thing) since 2020. He also occupied several executive management roles at the Dubai Roads and Transport Authority (<a target=\"_blank\" href=\"https:\/\/www.rta.ae\/\" style=\"\" rel=\"noopener\">RTA<\/a>) between 2014 and 2020. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI<\/strong>: DTC, Dubai\u2019s largest taxi operator, is set to go public next month on the Dubai Financial Market (DFM), according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2023\/November\/13-11\/Dubai-taxi-company-pjsc-announces\" style=\"\" rel=\"noopener\">prospectus<\/a>. The move follows the decision by Dubai\u2019s ruler Sheikh Mohammed bin Rashid Al Maktoum to change the legal status of DTC and establish it as a public joint stock company <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aplr9vz-mohammed-bin-rashid-issues-law-%E2%80%98dubai-taxi\" style=\"\" rel=\"noopener\">earlier this month<\/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\/dubai-financial-market\/\">Dubai Financial Market<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-taxi-corporation\/\">Dubai Taxi Corporation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/privatization\/\">Privatization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/privatization-watch\/\">Privatization 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=\"86752\" 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=\"86752\">\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\/2023\/11\/21\/gic-acquires-minority-stake-in-pipecare-group\/\">\r\n                            Gulf Investment Corporation acquires significant minority stake in Pipecare Group                        <\/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\/2023\/11\/21\/gic-acquires-minority-stake-in-pipecare-group\/\" 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 transaction closed on 15 November, the statement says, but the size of the stake acquired and the financial value of the investment were not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where is the money going?<\/strong> Pipecare will use the fresh financing to facilitate its international expansion, with a focus on expanding its premium offerings, namely its \u201chigh-end in-line inspection technologies\u201d in the North American market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s another Gulf-goes-Global story:<\/strong> \u201cThis investment highlights the interest of GIC in partnering with a successful GCC company to help it expand its operations outside the region,\u201d Group Head of Principal Investments at GIC Meshary Al-Judaimi said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Pipecare: <\/strong>Established in 1998, Pipecare Group is a key global provider of in-line inspection services for pipeline operators across 85 countries. The company offers adaptive engineering services as well as AI solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About GIC: <\/strong>Established in 1983 by the Gulf Cooperation Council (GCC), GIC is an investment company jointly owned by the six GCC member states. Its primary objective is to boost cooperation and growth through equity commitments, both within the GCC and internationally. <\/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\/gulf-investment-corporation\/\">Gulf Investment Corporation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/pipecare-group-holding\/\">Pipecare Group Holding<\/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=\"86754\" 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=\"86754\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/fertiglobe-completes-first-green-ammonia-shipment\/\">\r\n                            Fertiglobe completes first green ammonia shipment                        <\/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\/2023\/11\/21\/fertiglobe-completes-first-green-ammonia-shipment\/\" 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\/2023\/11\/21\/fertiglobe-completes-first-green-ammonia-shipment\/')\">\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\/2023\/11\/21\/fertiglobe-completes-first-green-ammonia-shipment\/\">\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=Fertiglobe completes first green ammonia shipment&url=https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/fertiglobe-completes-first-green-ammonia-shipment\/\">\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\/2023\/11\/21\/fertiglobe-completes-first-green-ammonia-shipment\/&title=Fertiglobe completes first green ammonia shipment\">\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=Fertiglobe+completes+first+green+ammonia+shipment+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F11%2F21%2Ffertiglobe-completes-first-green-ammonia-shipment%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\/2023\/11\/21\/fertiglobe-completes-first-green-ammonia-shipment\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/157.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86755\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/fertiglobe-completes-first-green-ammonia-shipment\/157-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/157.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"157.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/157.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/157.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86754\" class=\"content-area-description single-story post-86754 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-energy tag-enterpriseam-uae tag-fertiglobe tag-green-ammonia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Fertiglobe completes its first green ammonia shipment:<\/strong>Abu Dhabi-based OCI and Adnoc JV Fertiglobe has sent its first shipment of green ammonia. The shipment has arrived in India, having been produced at the company\u2019s green fuels generation facility in Egypt, the company said in a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/energy\/abu-dhabi-based-fertiglobe-ships-first-load-of-renewable-ammonia-tp5miqbe\" style=\"\" rel=\"noopener\">statement<\/a>. The value of the transaction was not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The green ammonia shipment was delivered to India's Tuticorin Alkali Chemicals and <\/strong><strong>Fertilisers<\/strong><strong> Limited (TFL)<\/strong>, which will supply the NH3 to Unilever\u2019s India-arm Hindustan Unilever for the production of soda ash. The <a target=\"_blank\" href=\"https:\/\/www.etisoda.com\/en\/soda-ash-used\/#:~:text=Over%20half%20of%20all%20Soda,food%2C%20cosmetic%20and%20pharmaceutical%20industries.\" style=\"\" rel=\"noopener\">soda ash<\/a> \u2014 which is mainly used for glass, rechargeable batteries, and soap manufacturing \u2014 will serve as feedstock for the production of laundry powder. Conventional, carbon-intensive soda ash production has a greenhouse gas emission footprint of around <a target=\"_blank\" href=\"https:\/\/apps.carboncloud.com\/climatehub\/product-reports\/id\/132346168183#:~:text=Leakage%20of%20refrigerants%20%E2%80%93%20used%20for,these%20are%20powerful%20greenhouse%20gases.&text=%E2%80%9DSoda%20ash%20(Na2CO3)%E2%80%9D,of%201.2%20kg%20CO%E2%82%82e%2Fkg.\" style=\"\" rel=\"noopener\">1.2 kg of carbon equivalent<\/a> per kg. Abu Dhabi-based Fertiglobe anticipates its green ammonia plant will supply enough feedstock for the production of some 6k tons of green laundry powder, <a target=\"_blank\" href=\"https:\/\/www.hydrogeninsight.com\/industrial\/clean-hydrogen-fertiglobe-ships-world-first-certified-green-ammonia-to-india-to-make-unilever-washing-powder\/2-1-1556234\" style=\"\" rel=\"noopener\">Hydrogen Insight reports<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A UAE-based ammonia plant could be in the pipeline: <\/strong>Fertiglobe, alongside GS Energy, and Adnoc-ADQ JV Ta\u2019ziz has <a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/news\/story?storyId=a7ee2a39-7450-4ac3-be27-eea643fe8ecf\" style=\"\" rel=\"noopener\">signed a shareholder agreement<\/a> with Japan\u2019s Mitsui to construct a facility to produce some 1 mn tons of low-carbon ammonia annually. Fertiglobe CEO Ahmed El Hoshy <a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/news\/story?storyId=a857d432-2389-4a7f-b8c4-65827ecab5ec\" style=\"\" rel=\"noopener\">said the company is awaiting a final investment decision on the project<\/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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fertiglobe\/\">Fertiglobe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/green-ammonia\/\">Green ammonia<\/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=\"86756\" 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=\"86756\">\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\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/utico-yellow-door-energy-sign-solar-bess-mou\/\">\r\n                            Utico, Yellow Door Energy sign solar + BESS MoU                        <\/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\/2023\/11\/21\/utico-yellow-door-energy-sign-solar-bess-mou\/\" 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\/2023\/11\/21\/utico-yellow-door-energy-sign-solar-bess-mou\/')\">\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\/2023\/11\/21\/utico-yellow-door-energy-sign-solar-bess-mou\/\">\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=Utico, Yellow Door Energy sign solar + BESS MoU&url=https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/utico-yellow-door-energy-sign-solar-bess-mou\/\">\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\/2023\/11\/21\/utico-yellow-door-energy-sign-solar-bess-mou\/&title=Utico, Yellow Door Energy sign solar + BESS MoU\">\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=Utico%2C+Yellow+Door+Energy+sign+solar+%2B+BESS+MoU+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F11%2F21%2Futico-yellow-door-energy-sign-solar-bess-mou%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\/2023\/11\/21\/utico-yellow-door-energy-sign-solar-bess-mou\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/263.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86757\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/utico-yellow-door-energy-sign-solar-bess-mou\/263-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/263.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"263.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/263.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/263.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86756\" class=\"content-area-description single-story post-86756 post type-post status-publish format-standard has-post-thumbnail hentry category-energy tag-energy tag-enterpriseam-uae tag-renewables tag-utico tag-yellow-door-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>New Utico-YDE hybrid plant:<\/strong> UAE\u2019s private utility provider <a target=\"_blank\" href=\"https:\/\/www.uticome.org\/\" style=\"\" rel=\"noopener\">Utico<\/a> inked an MoU with sustainable energy developer <a target=\"_blank\" href=\"https:\/\/www.yellowdoorenergy.com\/\" style=\"\" rel=\"noopener\">Yellow Door Energy<\/a> for a 2.25 MW solar plant and a battery energy storage system (BESS) in Umm Al Quwain to fuel its pumping station and produce 4.7 gigawatt-hours (GWh) of clean energy per year, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/utico-in-green-energy-push-signs-mou-with-yellow-door-energy-for-solar-plant-in-umm-al-quwain-wwsz69jb\" style=\"\" rel=\"noopener\">press release<\/a>. The plant is set to mitigate 82k metric tons of carbon dioxide over its lifespan. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who does what: <\/strong>Yellow Door Energy is assigned project developer that\u2019s responsible for \u201cfinancing, designing, building, commissioning, operating and maintaining\u201d the plant, while the plant will be installed on Utico\u2019s pump station premises. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cFor Utico, this is a significant step in our journey towards being carbon neutral and supporting the UAE\u2019s strategic goals of sustainability and Net Zero by 2050 target. The project, a first in the Umm Al Quwain, will help Utico enhance diversification of its energy mix for utilization in our operations,\u201d Utico CEO Hussain Al Lawati said. <\/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\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/utico\/\">Utico<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/yellow-door-energy\/\">Yellow Door Energy<\/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=\"86758\" 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=\"86758\">\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\">CAPITAL MARKETS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/fabs-green-sukuk-are-going-on-the-adx\/\">\r\n                            FAB\u2019s green sukuk are going on the ADX                        <\/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\/2023\/11\/21\/fabs-green-sukuk-are-going-on-the-adx\/\" 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\/2023\/11\/21\/fabs-green-sukuk-are-going-on-the-adx\/')\">\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\/2023\/11\/21\/fabs-green-sukuk-are-going-on-the-adx\/\">\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=FAB\u2019s green sukuk are going on the ADX&url=https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/fabs-green-sukuk-are-going-on-the-adx\/\">\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\/2023\/11\/21\/fabs-green-sukuk-are-going-on-the-adx\/&title=FAB\u2019s green sukuk are going on the ADX\">\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=FAB%E2%80%99s+green+sukuk+are+going+on+the+ADX+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F11%2F21%2Ffabs-green-sukuk-are-going-on-the-adx%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\/2023\/11\/21\/fabs-green-sukuk-are-going-on-the-adx\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/30.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86759\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/fabs-green-sukuk-are-going-on-the-adx\/30-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/30.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"30.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/30.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/30.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86758\" class=\"content-area-description single-story post-86758 post type-post status-publish format-standard has-post-thumbnail hentry category-capital-markets tag-adx tag-capital-markets tag-debt tag-enterpriseam-uae tag-fab tag-green-sukuk wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>ADX welcomes FAB\u2019s AED 1.3 bn green sukuk<\/strong>: UAE\u2019s largest bank First Abu Dhabi Bank (FAB) will list its three-year AED 1.3 bn (USD 350 mn) shariah-compliant green sukuk on the Abu Dhabi Securities Exchange tomorrow, according to an <a target=\"_blank\" href=\"https:\/\/adxservices.adx.ae\/cdn\/contentdownload.aspx?doc=2979707\" style=\"\" rel=\"noopener\">ADX filing<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The sukuk is priced at 4.93%, which is considered the lowest pricing offered ever achieved by a UAE financial institution in the AED market, according to a statement by <a target=\"_blank\" href=\"https:\/\/www.bankfab.com\/en-ae\/about-fab\/group\/in-the-media\/fab-inaugural-aed-issuance-achieves-multiple-milestones\" style=\"\" rel=\"noopener\">FAB<\/a> back in July. FAB\u2019s AED-denominated green sukuk Al Muarabaha received an Aa3 rating from Moody\u2019s, and AA- from Fitch, all with a stable outlook.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is it special?<\/strong> This was the largest AED sukuk issuance and offering in 2023, as well as the largest single-tranche AED issuance, according to the company. <\/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\/adx\/\">ADX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fab\/\">FAB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/green-sukuk\/\">Green sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86760\" 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=\"86760\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/amlak-finance-concludes-debt-settlement-with-seven-financiers-abu-dhabi-commercial-bank-begins-selling-at1-bonds\/\">\r\n                            Amlak Finance concludes debt settlement with seven financiers + Abu Dhabi Commercial Bank begins selling AT1 bonds                        <\/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\/2023\/11\/21\/amlak-finance-concludes-debt-settlement-with-seven-financiers-abu-dhabi-commercial-bank-begins-selling-at1-bonds\/\" 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\/2023\/11\/21\/amlak-finance-concludes-debt-settlement-with-seven-financiers-abu-dhabi-commercial-bank-begins-selling-at1-bonds\/')\">\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\/2023\/11\/21\/amlak-finance-concludes-debt-settlement-with-seven-financiers-abu-dhabi-commercial-bank-begins-selling-at1-bonds\/\">\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=Amlak Finance concludes debt settlement with seven financiers + Abu Dhabi Commercial Bank begins selling AT1 bonds&url=https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/amlak-finance-concludes-debt-settlement-with-seven-financiers-abu-dhabi-commercial-bank-begins-selling-at1-bonds\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            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href=\"https:\/\/api.whatsapp.com\/send?text=Amlak+Finance+concludes+debt+settlement+with+seven+financiers+%2B+Abu+Dhabi+Commercial+Bank+begins+selling+AT1+bonds+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F11%2F21%2Famlak-finance-concludes-debt-settlement-with-seven-financiers-abu-dhabi-commercial-bank-begins-selling-at1-bonds%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\/2023\/11\/21\/amlak-finance-concludes-debt-settlement-with-seven-financiers-abu-dhabi-commercial-bank-begins-selling-at1-bonds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1096.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86761\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/amlak-finance-concludes-debt-settlement-with-seven-financiers-abu-dhabi-commercial-bank-begins-selling-at1-bonds\/1096-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1096.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1096.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1096.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1096.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86760\" class=\"content-area-description single-story post-86760 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-abu-dhabi-commercial-bank tag-amlak-finance 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<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Amlak Finance cuts debts by AED 531 mn by settling exit agreements with seven <\/strong><strong>financiers: <\/strong><a target=\"_blank\" href=\"https:\/\/www.amlakfinance.com\/\" style=\"\" rel=\"noopener\">Amlak Finance<\/a> settled offers to exit the Common Terms Agreement for Restructuring with seven financiers, leading to a reduction in debts by AED 531 mn and gains of AED 174 mn, according to a <a target=\"_blank\" href=\"https:\/\/www.dfm.ae\/the-exchange\/news-disclosures\/disclosures\/330fa9a3-ef83-46fb-9f23-84766f669629\" style=\"\" rel=\"noopener\">DFM disclosure<\/a>. Negotiations regarding settling facilities are ongoing with the remaining eight financiers, whose facilities total AED 1.6 bn. The company is actively considering various options and initiatives to bolster its standing, which may involve a withdrawal from the real estate financing sector, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>Amlak commenced discussions earlier this year in May, with financiers to exit from the Common Terms Agreement for Restructuring, which was completed in 2014 and subsequently modified in 2016 and 2020, according to a previous <a target=\"_blank\" href=\"https:\/\/www.dfm.ae\/the-exchange\/news-disclosures\/disclosures\/42ff6ae4-5e66-4906-8e16-2a5655614488\" style=\"\" rel=\"noopener\">DFM disclosure<\/a>. This move aims to unlock avenues for business development and stimulate growth by eliminating the restrictions imposed by the agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER DEBT NEWS-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi Commercial Bank begins selling Additional Tier 1 (AT1) bonds: <\/strong>The lender gave an initial price guidance of 8.625% for its sale of perpetual non-call 5.5-year bonds, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/markets\/fixed-income\/abu-dhabi-commercial-bank-starts-selling-at1-bonds-document-o26kck04\" style=\"\" rel=\"noopener\">Reuters<\/a> reports citing an arranging bank document. The UAE\u2019s third-largest bank is planning on issuing a benchmark sized USD-denominated AT1 capital instrument. The issuance has yet to be priced. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Advisors:<\/strong> ADCB, Barclays, Deutsche Bank, Emirates NBD Capital, FAB, JP Morgan, Mashreq And Mizuho were appointed as joint bookrunners, <a target=\"_blank\" href=\"https:\/\/www.nasdaq.com\/articles\/abu-dhabi-commercial-picks-banks-for-at1-bonds-document\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week. <\/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\/abu-dhabi-commercial-bank\/\">Abu Dhabi Commercial Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/amlak-finance\/\">Amlak Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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=\"86762\" 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=\"86762\">\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\">REAL ESTATE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/ifa-hotels-and-resorts-subsidiaries-to-invest-aed-858-mn-in-a-new-dubai-residential-complex\/\">\r\n                            IFA Hotels and Resorts subsidiaries to invest AED 858 mn in a new Dubai residential complex                        <\/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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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\/2023\/11\/21\/ifa-hotels-and-resorts-subsidiaries-to-invest-aed-858-mn-in-a-new-dubai-residential-complex\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/111.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86763\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/ifa-hotels-and-resorts-subsidiaries-to-invest-aed-858-mn-in-a-new-dubai-residential-complex\/111-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/111.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"111.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/111.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/111.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86762\" class=\"content-area-description single-story post-86762 post type-post status-publish format-standard has-post-thumbnail hentry category-real-estate tag-c-seventeen tag-dubai tag-enterpriseam-uae tag-investment tag-real-estate wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwait\u2019s C Seventeen is planning to invest in a new Dubai residential complex:<\/strong>Kuwait-based C Seventeen, a subsidiary of IFA Hotels and Resorts, issued a \u201cdeclaration of desire\u201d letter to develop a new AED 858 mn housing project in Dubai, IFA said in a <a target=\"_blank\" href=\"https:\/\/static.mubasher.info\/File.Mix_Announcement_File\/007394DC-844F-4536-AB42-D5D35A621150.pdf\" style=\"\" rel=\"noopener\">disclosure to the Dubai Financial Market (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Kuwaiti group likes Dubai for investment<\/strong>: IFA Hotels and Resorts\u2019 global property portfolio already includes <a target=\"_blank\" href=\"https:\/\/www.ifahotelsresorts.com\/en\/properties\/dubai\" style=\"\" rel=\"noopener\">eight estates in Dubai<\/a>, including Fairmont The Palm and Movenpick Hotel Jumeirah Lakes Towers. In line with its <a target=\"_blank\" href=\"https:\/\/www.ifahotelsresorts.com\/en\/company-profile\" style=\"\" rel=\"noopener\">company profile<\/a>, the group will continue to explore emerging markets in Europe, Asia, and Africa for strategic acquisitions and partnerships.<\/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\/c-seventeen\/\">C Seventeen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86764\" 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=\"86764\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/wafik-ben-mansour-tapped-as-shuaa-capitals-new-acting-ceo\/\">\r\n                            Wafik Ben Mansour tapped as Shuaa Capital\u2019s new acting CEO                        <\/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\/2023\/11\/21\/wafik-ben-mansour-tapped-as-shuaa-capitals-new-acting-ceo\/\" 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\/2023\/11\/21\/wafik-ben-mansour-tapped-as-shuaa-capitals-new-acting-ceo\/')\">\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\/2023\/11\/21\/wafik-ben-mansour-tapped-as-shuaa-capitals-new-acting-ceo\/\">\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=Wafik Ben Mansour tapped as Shuaa Capital\u2019s new acting CEO&url=https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/wafik-ben-mansour-tapped-as-shuaa-capitals-new-acting-ceo\/\">\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\/2023\/11\/21\/wafik-ben-mansour-tapped-as-shuaa-capitals-new-acting-ceo\/&title=Wafik Ben Mansour tapped as Shuaa Capital\u2019s new acting CEO\">\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=Wafik+Ben+Mansour+tapped+as+Shuaa+Capital%E2%80%99s+new+acting+CEO+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F11%2F21%2Fwafik-ben-mansour-tapped-as-shuaa-capitals-new-acting-ceo%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\/2023\/11\/21\/wafik-ben-mansour-tapped-as-shuaa-capitals-new-acting-ceo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86764\" class=\"content-area-description single-story post-86764 post type-post status-publish format-standard hentry category-moves tag-enterpriseam-uae tag-moves tag-shuaa-capital wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Former Credit Suisse banker <strong>Wafik Ben Mansour<\/strong>(<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/wafik-ben-mansour-40a8253\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) will serve as the new <strong>acting CEO of Shuaa Capital<\/strong> after being hired earlier this year to lead the company\u2019s advisory and capital markets platform, according to a release from <a target=\"_blank\" href=\"https:\/\/www.shuaa.com\/shuaa-appoints-wafik-ben-mansour-as-acting-ceo\" style=\"\" rel=\"noopener\">Shuaa<\/a>. He succeeds Fawad Tariq Khan, who will serve a three-month notice period, reports <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-11-20\/dubai-s-shuaa-to-appoint-ex-credit-suisse-banker-as-acting-ceo#xj4y7vzkg\" style=\"\" rel=\"noopener\">Bloomberg<\/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\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/shuaa-capital\/\">Shuaa Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86765\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n    <div class=\"issue-sponsor-slides-div\">\r\n        \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43010.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/20607.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43009.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/hap.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/117160.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>From OUR FAMILY to YOURS<\/span>\r\n                <\/div>\r\n            <\/div>\r\n                <\/div>\r\n    <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86766\" 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=\"86766\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">UAE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/barclay-family-could-get-uae-money-to-regain-control-of-the-daily-telegraph\/\">\r\n                            Barclay family could get UAE money to regain control of the Daily Telegraph                        <\/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\/2023\/11\/21\/barclay-family-could-get-uae-money-to-regain-control-of-the-daily-telegraph\/\" 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\/2023\/11\/21\/barclay-family-could-get-uae-money-to-regain-control-of-the-daily-telegraph\/')\">\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\/2023\/11\/21\/barclay-family-could-get-uae-money-to-regain-control-of-the-daily-telegraph\/\">\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=Barclay family could get UAE money to regain control of the Daily Telegraph&url=https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/barclay-family-could-get-uae-money-to-regain-control-of-the-daily-telegraph\/\">\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\/2023\/11\/21\/barclay-family-could-get-uae-money-to-regain-control-of-the-daily-telegraph\/&title=Barclay family could get UAE money to regain control of the Daily Telegraph\">\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=Barclay+family+could+get+UAE+money+to+regain+control+of+the+Daily+Telegraph+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F11%2F21%2Fbarclay-family-could-get-uae-money-to-regain-control-of-the-daily-telegraph%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\/2023\/11\/21\/barclay-family-could-get-uae-money-to-regain-control-of-the-daily-telegraph\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86766\" class=\"content-area-description single-story post-86766 post type-post status-publish format-standard hentry category-uae-in-the-news tag-enterpriseam-uae tag-international-media-investments tag-uae-in-the-news wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE money may help the Barclay family to regain control of the UK\u2019s Daily Telegraph <\/strong><strong>newspaper<\/strong>, the <a target=\"_blank\" href=\"https:\/\/www.telegraph.co.uk\/business\/2023\/11\/17\/barclay-family-bid-control-telegraph-sale-sheikh-mansour\/\" style=\"\" rel=\"noopener\">Telegraph<\/a> writes. The media barons have offered to pay the full GBP 1.2 bn debts they owe Lloyds Banking Group. They are backed in this endeavor by investment vehicle RedBird IMI, a JV between RedBird Capital Partners and the UAE\u2019s own International Media Investments. RedBird IMI, headed by ex-CNN chief Jeff Zucker, has no stated plans to own shares in the British newspaper or take seats on its board. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The backstory:<\/strong> The Lloyds Banking Group seized Telegraph Media Group after the Barclay family failed to repay their debts back in June \u2014 the newspaper was put up for auction through a formal process led by Goldman Sachs, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/4039dbc2-3a34-4c9d-bbea-00048c9191d1\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported. <\/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\/international-media-investments\/\">International Media Investments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-in-the-news\/\">UAE IN THE NEWS<\/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=\"86767\" 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=\"86767\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/lots-of-digital-payments-fintech-updates-plus-new-food-sustainability-roadmap-updates-from-sharjah-ports-strategic-development-fund-and-emirates-airlines\/\">\r\n                            Lots of digital payments + fintech updates. PLUS: New food sustainability roadmap + updates from Sharjah Ports, Strategic Development Fund, and Emirates Airlines                        <\/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\/2023\/11\/21\/lots-of-digital-payments-fintech-updates-plus-new-food-sustainability-roadmap-updates-from-sharjah-ports-strategic-development-fund-and-emirates-airlines\/\" 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\/2023\/11\/21\/lots-of-digital-payments-fintech-updates-plus-new-food-sustainability-roadmap-updates-from-sharjah-ports-strategic-development-fund-and-emirates-airlines\/')\">\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\/2023\/11\/21\/lots-of-digital-payments-fintech-updates-plus-new-food-sustainability-roadmap-updates-from-sharjah-ports-strategic-development-fund-and-emirates-airlines\/\">\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=Lots of digital payments + fintech updates. 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PLUS: New food sustainability roadmap + updates from Sharjah Ports, Strategic Development Fund, and Emirates Airlines\">\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=Lots+of+digital+payments+%2B+fintech+updates.+PLUS%3A+New+food+sustainability+roadmap+%2B+updates+from+Sharjah+Ports%2C+Strategic+Development+Fund%2C+and+Emirates+Airlines+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F11%2F21%2Flots-of-digital-payments-fintech-updates-plus-new-food-sustainability-roadmap-updates-from-sharjah-ports-strategic-development-fund-and-emirates-airlines%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\/2023\/11\/21\/lots-of-digital-payments-fintech-updates-plus-new-food-sustainability-roadmap-updates-from-sharjah-ports-strategic-development-fund-and-emirates-airlines\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86767\" class=\"content-area-description single-story post-86767 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-climate-change-and-environment-ministry tag-emirates-airlines tag-enterpriseam-uae tag-fuze tag-gc-exchange-fze tag-magnati tag-sharjah-ports tag-sheikh-shakhbout-medical-city wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.9ba629da-2bc8-4187-b80a-2df4057e88e1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DIGITAL PAYMENTS- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#1- Payments solutions provider Magnati is partnering up with Sheikh Shakhbout<\/strong><strong> Medical City (SSMC) Hospital<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/magnati-and-sheikh-shakhbout-medical-city-collaborate-to-transform-healthcare-payments-in-abu-dhabi-oyw5qgda\" style=\"\" rel=\"noopener\">press release<\/a>. The collaboration will utilize <a target=\"_blank\" href=\"https:\/\/www.magnati.com\/en\/home\/\" style=\"\" rel=\"noopener\">Magnati<\/a> \u2019s MagnatiPay payment platform, to streamline SSMC\u2019s payment experience. Patients at the UAE hospital will be able to settle bills using cards, e-wallets, and user-friendly self-checkout kiosks, eliminating the need for cash or checks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cThe core objective of this collaboration is to spearhead the digital transformation of the healthcare sector by facilitating a convenient payment experience,\u201d said Imad Abdalwahab, Magnati\u2019s managing director and head of government payment solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Al Ansari Digital Pay plans to launch a digital wallet in 2Q 2024<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.dfm.ae\/the-exchange\/news-disclosures\/disclosures\/14e30ff1-07c6-4059-9f91-1d4edb37fc1f\" style=\"\" rel=\"noopener\">DFM<\/a><a target=\"_blank\" href=\"https:\/\/www.dfm.ae\/the-exchange\/news-disclosures\/disclosures\/14e30ff1-07c6-4059-9f91-1d4edb37fc1f\" style=\"\" rel=\"noopener\">disclosure<\/a>. The company, a subsidiary of <a target=\"_blank\" href=\"https:\/\/aafs.ae\/\" style=\"\" rel=\"noopener\">Al Ansari Financial Services<\/a>, obtained preliminary approval for a Store Value Facilities and Retail Payment Service Provider license from the Central Bank of the UAE, according to the statement. The wallet will enable users to manage finances, receive salaries, remit money, settle bills, and access digital services through QR codes, a dedicated app, or their phone numbers. The wallet caters to the unbanked population in the GCC and is intended to contribute to financial inclusion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong>\u201cWith a vast consumer base exceeding 4 mn customers, we are confident that this initiative will significantly benefit a large segment of consumers across the UAE,\u201d Rashed Al Ansari, group CEO of Al Ansari Financial Services, said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FINANCIAL SERVICES- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GC Exchange FZE (GCEX) obtained an Operational VASP License for Virtual Asset <\/strong><strong>Broker-Dealer services from Dubai's Virtual Assets Regulatory Authority (VARA<\/strong>), according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/gcex-receives-operational-vasp-licence-from-dubais-virtual-assets-regulatory-authority-gbd8jkye\" style=\"\" rel=\"noopener\">press release<\/a>. The license authorizes <a target=\"_blank\" href=\"https:\/\/gc.exchange\/\" style=\"\" rel=\"noopener\">GCEX<\/a> to begin market operations as a Virtual Asset Service Provider (VASP) in Dubai. This enables brokers, hedge funds, family offices, and professional traders to access its varied technology solutions and digital asset liquidity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DIGITIZATION-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MOCCAE undergoes major digital upgrade<\/strong>: The Climate Change and Environment Ministry (MOCCAE) <a target=\"_blank\" href=\"https:\/\/www.moccae.gov.ae\/en\/media-center\/news\/19\/11\/2023\/ministry-of-climate-change-and-environment-announces-enhancement-of-digital-services-for-the-public.aspx#page=1\" style=\"\" rel=\"noopener\">upgraded<\/a> nine digital services, focusing on license renewals and import. Services have been improved with redesigned user interfaces, and reduced service times. This update is part of the government\u2019sService 2.0 project, aiming to revamp services and advanced technologies to help flexibility within institutions and tailor services to the needs of modern consumers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Service 2.0 <\/strong>is a digital renovation project initiated in July with the Emirates Program for Excellence in Government Service.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>STARTUPS<\/strong>- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai\u2019s crypto watchdog awards digital infrastructure startup FUZE with service <\/strong><strong>license: <\/strong>Dubai\u2019s Virtual Assets Regulatory Authority (<a target=\"_blank\" href=\"https:\/\/www.vara.ae\/en\/\" style=\"\" rel=\"noopener\">VARA<\/a>) has greenlit Abu Dhabi-based digital asset infrastructure startup Fuze for a Virtual Assets Service Provider (VASP) license, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/fintech\/uae-based-fuze-receives-broker-dealer-licence-from-dubais-vara-mecglz24\" style=\"\" rel=\"noopener\">Zawya<\/a> reports. The license permits Fuze to provide virtual asset services to businesses trading in crypto. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Fuze: <\/strong>Fuze\u2019s platform enables banks and fintechs to offer customers access to digital assets. The startup raised USD 14 mn in August, in a seed round led by Abu Dhabi-based venture capital firm Further Ventures.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SUSTAINABILITY-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Climate Minister Mariam Bint Mohammed Almheiri unveiled the Ne\u2019ma Food Loss <\/strong><strong>and Waste Reduction Roadmap<\/strong> during the National Dialogue on Food Security. The event comes ten days ahead of COP28 in Dubai, where food and agriculture will be key points of discussion, the state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/appxaw4-mariam-almheiri-launches-ne%E2%80%99ma-food-loss-and-waste\" style=\"\" rel=\"noopener\">WAM<\/a> reports. In addition to changing food policy, the roadmap lays out the plan to change social norms around food. This is part of a wider plan from 2020 to halve food waste by 2050, the <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/uae\/government\/uae-working-to-cut-food-waste-by-half-by-2030-says-minister-1.980752\" style=\"\" rel=\"noopener\">National<\/a> wrote. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The UAE\u2019s food and waste program Ne\u2019ma is <a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/news\/edition?id=ef622d63-745f-417c-b533-dbe2d406d86d&prev=false&title=Jordan%20inks%20an%20agreement%20with%20Amarenco%20and%20H2%20Global%20Energy%20for%20EUR%209%20bn%20green%20hydrogen%20project\" style=\"\" rel=\"noopener\">considering<\/a> introducing fines for excess residential waste as part of the plans to halve food waste by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PORTS-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Sharjah Ports extends Gulftainer concession agreement: <\/strong>The Sharjah Ports, Customs, and Freezones Authority has extended port operator Gulftainer\u2019s concession agreement for another 35 years, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/apqiq3v-sharjah-ports-customs-and-free-zones-authority\" style=\"\" rel=\"noopener\">WAM<\/a> reports. Under the new extended agreement, Gulftainer will keep managing, operating, and developing the Sharjah Container Terminal (SCT), located at Port Khalid, and the Khorfakkan Container Terminal (KCT). The port operator had signed the initial agreements for managing and operating SCT and KCT in 1976 and 1986, respectively. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: \u201c<\/strong>These agreements are a win for both parties, reaffirming Gulftainer's commitment to actively manage its growing portfolio; to ensure that we continue to deliver positive benefits for the economy and the communities in which we operate,\u201d Gulftainer CEO Peter Richards said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DIVESTMENT- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi fund exits partnership with Russian helicopter manufacturer: <\/strong>Abu Dhabi-based Strategic Development Fund (<a target=\"_blank\" href=\"https:\/\/www.sdf.ae\/\" style=\"\" rel=\"noopener\">SDF<\/a>) has inked an agreement with JSC Russian Helicopters to exit their JV Aerotar, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/strategic-development-fund-agrees-with-russian-helicopters-to-unwind-its-partnership-to-develop-co-axial-helicopters-h65ap8ej\" style=\"\" rel=\"noopener\">Zawya<\/a> reported. SDF cited \u201ccompliance with international sanctions\u201d as the reason behind the decision. The two companies formed Aerotar in 2020 to develop the VRT500 Helicopter and VRT300 UAV programs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REGULATION-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE Economy Ministry holds session on responsible gold supply due diligence regulations: <\/strong>The UAE's Economy Ministry, through its Anti-Money Laundering (AML) department, conducted a two-day session on new regulations for the responsible supply of gold, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/legal\/regulations\/uae-discusses-regulations-for-responsible-supply-of-gold-with-refineries-nbx82ptg\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The regulations were enacted earlier this year in January and align with global standards set by the Organisation for Economic Cooperation and Development (<a target=\"_blank\" href=\"https:\/\/www.oecd.org\/\" style=\"\" rel=\"noopener\">OECD<\/a>). The regulations aim to reinforce the national anti-money laundering and counter-terrorism financing (AML\/CFT) legislation, specifically within the non-financial business sector, and protect companies from invoking penalties for non-compliance. <\/p>\n<p><strong>The regulations mandate rigorous procedures for risk assessment, management, and third-party<\/strong><strong> audits.<\/strong> They also require gold refineries to implement due diligence practices, including KYC policies, which is a key requirement for countering money laundering. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AVIATION-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates Airlines is poised to resume flights to Nigeria after a one-year hiatus<\/strong>, Nigeria\u2019s Aviation Minister, Festus Keyamo, announced in a <a target=\"_blank\" href=\"https:\/\/twitter.com\/fkeyamo\/status\/1726161122699419947\" style=\"\" rel=\"noopener\">statement<\/a> on X. The news follows a meeting with Emirates executives on the sidelines of the Dubai Airshow last week. The exact date of the resumption of flights was not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>Emirates halted flights to Nigeria in November 2022 due to challenges in repatriating its revenue from the country, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/emirates-suspends-nigerian-flights-again-over-trapped-ticket-sales-2022-11-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. Nigeria's significant USD shortage, led individuals and businesses to resort to the black market for foreign exchange where the value of the Nigerian Naira has taken a hit. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CULTURE- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Ain and Al Dhafra book fairs exempt exhibitors from fees:<\/strong> For the third year in a row, contributors will not pay rental and participation fees for the Al Ain Book Festival, which began on 9 November and closes this ThursdayNovember, and Al Dhafra Book Festival (4-10 December), <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/uae\/uae-al-ain-book-festival-waives-rental-fees-for-exhibitors-1.99494003\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. The policy is designed to elevate the status of Arabic in other cultural spheres as well as to furnish Arab libraries with more international publications. <\/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\/climate-change-and-environment-ministry\/\">Climate Change and Environment Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-airlines\/\">Emirates Airlines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fuze\/\">Fuze<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/gc-exchange-fze\/\">GC Exchange FZE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/magnati\/\">Magnati<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sharjah-ports\/\">Sharjah Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sheikh-shakhbout-medical-city\/\">Sheikh Shakhbout Medical City<\/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=\"86768\" 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=\"86768\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/11\/21\/em-stocks-suffer-worst-quarter-in-a-year-as-higher-rates-china-woes-bite\/\">\r\n                            EM stocks suffer worst quarter in a year as higher rates, China woes bite                        <\/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\/2023\/11\/21\/em-stocks-suffer-worst-quarter-in-a-year-as-higher-rates-china-woes-bite\/\" 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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With share prices in newly-listed companies well below their initial IPO level, firms have cheap purchases on their hands, industry executives said. However, firms reinvesting in companies with one failed IPO will be pressured to improve them if the plan is to relist in the future. \u201cIn order to relist, there needs to be fundamental changes to the company,\u201d one buyout executive told the salmon-colored paper.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other stories worth knowing about on this fine fall morning:<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- AI boom drives the Nasdaq to a 22-month high:<\/strong> The Nasdaq 100 climbed to fresh peaks at the closing bell yesterday, while the S&P 500 closed at its highest since August. Investors rallied ahead of tech giant Nvidia\u2019s earnings results, due to be out today, as well as Sam Altman\u2019s new addition to the team at Microsoft (we\u2019ve covered the story above). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- US 10-year yields fell to around 4.4%<\/strong> as investors continued to believe that the Federal Reserve has reached the end of its aggressive tightening cycle after it <a target=\"_blank\" href=\"https:\/\/enterprise.news\/news\/story\/1e5dab6c-5857-4b96-a64d-69534a62b5ec\" style=\"\" rel=\"noopener\">held rates unchanged<\/a> at the start of this month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADX was flat yesterday<\/strong> on turnover of AED 830.8 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Emirates Driving Company (+12.7%), Al Khaleej Investment (+12.0%) and Chimera (+4.9%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Hayah Ins. Company (-4.6%), Bildco (-3.2%) and Aram Group (-2.8%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, the DFM<\/strong> closed up 0.2% yesterday. The index is up 20.0% YTD.<\/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\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/equities\/\">equities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"86770\" 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\/2023\/11\/21\/86770-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86770\" class=\"content-area-description single-story post-86770 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-25 November (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/adbookfair.com\/aabf\" style=\"\">Al Ain Book Festival<\/a><\/span><span style=\"font-weight:400;\">, The Abu Dhabi Arabic Language Centre. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-21 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dpmc.ae\/\" style=\"\">Dubai Precious Metals Conference<\/a><\/span><span style=\"font-weight:400;\">, SO\/ Uptown 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;\">20-21 November (Monday-Tuesday): Annual Meeting of the Central Bank Research Association.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-24 November (Monday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.icao.int\/Meetings\/CAAF3\/Pages\/default.aspx#:~:text=The%20third%20International%20Civil%20Aviation,20%20to%2024%20November%202023.\" style=\"\">International Civil Aviation Organisation\u2019s Aviation and Alternative Fuels conference<\/a><\/span><span style=\"font-weight:400;\">, Hilton Dubai Al Habtoor City.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-22 November (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mbrf.ae\/knowledgesummit\/\" style=\"\">The Knowledge Summit<\/a><\/span><span>, Dubai <\/span><span>World<\/span><span style=\"font-weight:400;\"> Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-23 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/informaconnect.com\/intermobility-expo\/\" style=\"\">Intermobility Expo 2023<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23 November (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.sclgsummit.org\/\" style=\"\">Global Supply Chain and Logistics Summit<\/a><\/span><span style=\"font-weight:400;\">, Grand Millennium Hotel Business Bay.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 November (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/f1abudhabitickets.com\/?gclid=CjwKCAjws9ipBhB1EiwAccEi1Cyu-_rTha39nTtyuaWYv58lFsBZSj7j3ihx0xATPCVVcNEKfC9qnhoCFc4QAvD_BwE\" style=\"\">Abu Dhabi Grand Prix<\/a><\/span><span style=\"font-weight:400;\">, Yas Island.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-29 November (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/adife.com\/\" style=\"\">Abu Dhabi International Food Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-29 November (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/fortune.com\/conferences\/fortune-global-forum-2023\" style=\"\">Fortune Global Forum<\/a><\/span><span style=\"font-weight:400;\">, Emirates Palace Mandarin Oriental.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-30 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adgm.com\/events\/abudhabifinanceweek2023\" style=\"\">Abu Dhabi Finance Week (ADFW)<\/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>27 November (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rta.ae\/wps\/wcm\/connect\/rta\/55c300e6-91b6-4635-abb1-5ad70f7ad9e9\/SCG-CI-23-8442.pdf?MOD=AJPERES&CONVERT_TO=url&CACHEID=ROOTWORKSPACE.Z18_N004G041LOBR60AUHP2NT32000-55c300e6-91b6-4635-abb1-5ad70f7ad9e9-oFfljIX\" style=\"\">Deadline<\/a><\/span><span style=\"font-weight:400;\"> for submitting offers for the development of Saahat Deira in Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28-29 November (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wges.ae\/\" style=\"\">World Green Economy Summit<\/a><\/span><span style=\"font-weight:400;\">, Madinat Jumeirah Conference & Events Centre.<\/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;\">30 November (Thursday): Commemoration day, national holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 November-12 December: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cop28.com\/\" style=\"\">COP28<\/a><\/span><span style=\"font-weight:400;\">, Expo City Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen some time in November:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Annual cabinet meeting. <\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-3 December (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubairugby7s.com\/\" style=\"\">Dubai Rugby 7s Tournament<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2-3 December (Saturday-Sunday): UAE national holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 December (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abudhabisustainabilityweek.com\/en\/Media\/News\/ADSW-to-Host-Special-Edition-at-COP28\" style=\"\">Abu Dhabi Sustainability Week (ADSW) summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5global.com\/\" style=\"\">Big 5 Global<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5global.com\/specialized-events\/thebig5heavy\/\" style=\"\">The Big 5 Heavy<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5global.com\/specialized-events\/middleeastconcrete\/\" style=\"\">Middle East Concrete<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5global.com\/specialized-events\/hvacrexpo\/\" style=\"\">HAVAC R Expo<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303210320#:~:text=RAS%20AL%20KHAIMAH%2C%2016th%20October,The%20Critical%20Role%20of%20Oceans\" style=\"\">International Conference on Global Warming: The Critical Role of Oceans<\/a><\/span><span style=\"font-weight:400;\">, Ras Al-Khaimah.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.windowsdoorsandfacadeevent.com\/\" style=\"\">Windows Door & Facades event<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.exhibitionstand.contractors\/en\/news\/197\/Gulf-Glass-2023-Dubai-UAE\" style=\"\">Gulf Glass<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5global.com\/specialized-events\/middle-east-stone\/\" style=\"\">Middle East Stone<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5global.com\/specialized-events\/fmexpo\/\" style=\"\">FM EXPO<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7 December (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.big5global.com\/everything-architecture\/\" style=\"\">Everything Architecture<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-10 December (Monday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/adbookfair.com\/adbf\" style=\"\">Al Dhafra Book Festival<\/a><\/span><span style=\"font-weight:400;\">, near Madinat Zayed.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-9 December (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalevshow.com\/\" style=\"\">Global EV Show 2023<\/a><\/span><span style=\"font-weight:400;\">, TBA. <\/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;\">8 December-14 January: Dubai Shopping Festival, City wide.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-10 December (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/earthsoulfestival.com\/\" style=\"\">Dubai EarthSoul Festival<\/a><\/span><span style=\"font-weight:400;\">, Dubai Media City Amphitheatre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-14 December (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/organicandnatural.com\/\" style=\"\">Organic & Natural Expo Dubai 2023<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13-15 December (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/arabplast.info\/\" style=\"\">ArabPlast 2023<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-16 December (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20231103110458\/en\" style=\"\">Super Angels Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Centre.<\/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 December:<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2024 <\/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\">JANUARY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 January (Monday): New years day, national holiday. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-11 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/duphat.ae\/\" style=\"\">Dubai International Pharmaceuticals and Technologies Conference and Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-11 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gulfprintpack.com\/\" style=\"\">Gulf Print and Pack<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-23 January: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubai.worldofcoffee.org\/\" style=\"\">World of Coffee Dubai<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29 January- 1 February: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.arabhealthonline.com\/en\/travel\/venue.html\" style=\"\">Arab Health<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-13 February (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/middleeast.breakbulk.com\/home\" style=\"\">Breakbulk Middle East conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-14 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.safcongressmena.com\/\" style=\"\">Sustainable Aviation Futures MENA Congress<\/a><\/span><span style=\"font-weight:400;\">, Hotel Dubai Mall.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-8 February (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sharjahinvestmentforum.ae\/\" style=\"\">Sharjah Investment Forum<\/a><\/span><span style=\"font-weight:400;\">, Al Jawaher Reception and Convention Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-28 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conferences.uaeu.ac.ae\/warms2024\/en\/index.shtml\" style=\"\">Management and Sustainability of Water Resources<\/a><\/span><span style=\"font-weight:400;\">, Marriott Hotel Al Jaddaf.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28-29 February (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/rakisummit.com\/\" style=\"\">Ras Al Khaimah Investment and Trade Summit<\/a><\/span><span style=\"font-weight:400;\">, Rak Exhibition Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 February-1 March (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.menatransport.org\/website\/3387\/\" style=\"\">MENA Transport Congress and Exhibition 2024<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in February:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">World Trade Organization Ministerial Conference, Abu Dhabi, UAE.<\/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;\">MARCH<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5-6 March (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mromiddleeast.aviationweek.com\/en\/home.html\" style=\"\">MRO Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5-7 March (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldpolicesummit.com\/\" style=\"\">World Police Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">8-12 April (Monday-Friday): Eid Al-Fitr, national holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfutureenergysummit.com\/\" style=\"\">World Future Energy Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.middleeastcoatingsshow.com\/\" style=\"\">Middle East Coatings Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mena.gh2events.com\/\" style=\"\">Connecting Green Hydrogen MENA<\/a><\/span><span style=\"font-weight:400;\">, Madinat Jumeirah Conference Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-9 May (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubai.ifinexpo.com\/\" style=\"\">Innovative Finance Expo<\/a><\/span><span style=\"font-weight:400;\">, Jumeirah Emirates Towers.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-15 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east\/index.stm\" style=\"\">Seamless Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-6 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.thehotelshow.com\/\" style=\"\">The Hotel Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-6 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indexexhibition.com\/\" style=\"\">INDEX<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> 4-6 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.workspaceexhibition.com\/\" style=\"\">WORKSPACE<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> 4-6 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theleisureshow.com\/\" style=\"\">Leisure Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/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 June (Saturday): Arafat day, national holiday.<\/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 June (Sunday-Tuesday): Eid Al-Adha, national holiday.<\/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;\">7 July (Sunday): Islamic new year, national holiday.<\/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>9-11 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldutilitiescongress.com\/\" style=\"\">World Utilities Congress<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30-1 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20231105788458\/en\" style=\"\">World Cities Cultural Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-14 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/\" style=\"\">ADIPEC<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-14 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/maritime-logistics\/\" style=\"\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-14 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/decarbonisation-at-adipec\/\" style=\"\">ADIPEC Decarbonisation Accelerator<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">10-12 December (Tuesday-Thursday): Middle East Business Aviation, Dubai World Central.<\/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","protected":false},"excerpt":{"rendered":"<p>Dubai Taxi Corporation bookbuilding begins. GIC snaps stake in Pipecare Group. Fertiglobe\u2019s first green ammonia shipment. ADCB sells AT1 bonds.<\/p>\n","protected":false},"featured_media":86748,"menu_order":0,"template":"","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-86747","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"485d0809-bb8e-43d8-8c62-bfc080e2df29","teaser":"Dubai Taxi Corporation bookbuilding begins. GIC snaps stake in Pipecare Group. Fertiglobe\u2019s first green ammonia shipment. 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