{"id":87478,"date":"2023-12-27T00:00:00","date_gmt":"2023-12-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=87478"},"modified":"2025-12-14T23:02:24","modified_gmt":"2025-12-14T23:02:24","slug":"phoenix-group-is-acquiring-25-of-lyvely","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/phoenix-group-is-acquiring-25-of-lyvely\/","title":{"rendered":"Phoenix Group is acquiring 25% of Lyvely"},"content":{"rendered":"<section id=\"87480\" 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=\"87480\">\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\/12\/27\/phoenix-group-is-acquiring-25-of-lyvely-plus-its-almost-2024-heres-how-to-look-at-the-year-that-was\/\">\r\n                            Phoenix Group is acquiring 25% of Lyvely. PLUS: It\u2019s almost 2024. Here\u2019s how to look at the year that was                        <\/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\/12\/27\/phoenix-group-is-acquiring-25-of-lyvely-plus-its-almost-2024-heres-how-to-look-at-the-year-that-was\/\" 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\/12\/27\/phoenix-group-is-acquiring-25-of-lyvely-plus-its-almost-2024-heres-how-to-look-at-the-year-that-was\/')\">\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\/12\/27\/phoenix-group-is-acquiring-25-of-lyvely-plus-its-almost-2024-heres-how-to-look-at-the-year-that-was\/\">\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=Phoenix Group is acquiring 25% of Lyvely. PLUS: It\u2019s almost 2024. Here\u2019s how to look at the year that was&url=https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/phoenix-group-is-acquiring-25-of-lyvely-plus-its-almost-2024-heres-how-to-look-at-the-year-that-was\/\">\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\/12\/27\/phoenix-group-is-acquiring-25-of-lyvely-plus-its-almost-2024-heres-how-to-look-at-the-year-that-was\/&title=Phoenix Group is acquiring 25% of Lyvely. PLUS: It\u2019s almost 2024. Here\u2019s how to look at the year that was\">\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=Phoenix+Group+is+acquiring+25%25+of+Lyvely.+PLUS%3A+It%E2%80%99s+almost+2024.+Here%E2%80%99s+how+to+look+at+the+year+that+was+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F12%2F27%2Fphoenix-group-is-acquiring-25-of-lyvely-plus-its-almost-2024-heres-how-to-look-at-the-year-that-was%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\/12\/27\/phoenix-group-is-acquiring-25-of-lyvely-plus-its-almost-2024-heres-how-to-look-at-the-year-that-was\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/507.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87481\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/phoenix-group-is-acquiring-25-of-lyvely-plus-its-almost-2024-heres-how-to-look-at-the-year-that-was\/507-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/507.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"507.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/507.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/507.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87480\" class=\"content-area-description single-story post-87480 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-dubai-media-council tag-enterpriseam-uae tag-human-resources-and-emiratisation-ministry tag-policy 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\/.e07926e9-ce9a-411f-b471-e0c66183d9cb.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. <\/strong>That\u2019s the last time we\u2019ll be saying that this year, as we prepare to take a long New Year\u2019s weekend. We\u2019ll be off from tomorrow and will be back in your inboxes on Tuesday, 3 January at the usual time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Everyone\u2019s off for the new year. <\/strong><a target=\"_blank\" href=\"https:\/\/www.mohre.gov.ae\/en\/media-centre\/news\/21\/12\/2023\/new-years-day-mohre-announces-1st-january-2024-paid-holiday-for-private-sector-employees.aspx\" style=\"\" rel=\"noopener\">Private sector employees<\/a>, <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/FAHRGOV\/posts\/pfbid0ABg6wJ1QtmoM5VXpe6da57YByFfSx46qgHvCBZJaPigUUHypXvwQZuqeKdLx5HmDl\" style=\"\" rel=\"noopener\">federal government<\/a><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/FAHRGOV\/posts\/pfbid0ABg6wJ1QtmoM5VXpe6da57YByFfSx46qgHvCBZJaPigUUHypXvwQZuqeKdLx5HmDl\" style=\"\" rel=\"noopener\">entities<\/a>, and the <a target=\"_blank\" href=\"https:\/\/www.tradinghours.com\/markets\/adx#holidays-2023\" style=\"\" rel=\"noopener\">ADX<\/a> and <a target=\"_blank\" href=\"https:\/\/www.dfm.ae\/the-exchange\/news-disclosures\/market-announcements\/106a3818-bf77-4ea0-9f61-75577c2322fa\" style=\"\" rel=\"noopener\">DFM<\/a> will all be off on 1 January and will resume operations next Tuesday, 2 January. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY here at home is that we\u2019re ending the year with an M&A<\/strong>, with recently-listed crypto player Phoenix Group acquiring a 25% stake in content monetization platform Lyvely. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** You\u2019re reading Zero Issue #21 of EnterpriseAM UAE. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Think of a zero issue as a \u201cbeta.\u201d<\/strong> This issue 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 editorial@enterprisemea.com 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\"><strong>** Have a comment, criticism, or story tip? <\/strong>Hit up <a target=\"_blank\" href=\"mailto:patrick@enterprisemea.com\" style=\"\" rel=\"noopener\">patrick@enterprisemea.com<\/a>. <\/p>\n<p class=\"tag-border-left\">IN MEMORIAM-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>Deputy ruler of Umm Al Quwain <\/strong><strong><a target=\"_blank\" href=\"https:\/\/sheikhabdullaalmualla.com\/\" style=\"\" rel=\"noopener\">Sheikh Abdullah Bin Rashid Al<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/sheikhabdullaalmualla.com\/\" style=\"\" rel=\"noopener\">Mualla<\/a><\/strong><strong>passed away yesterday at the age of 52<\/strong>, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/12mslz7-%D8%AF%D9%8A%D9%88%D8%A7%D9%86-%D8%AD%D8%A7%D9%83%D9%85-%D8%A7%D9%84%D9%82%D9%8A%D9%88%D9%8A%D9%86-%D9%8A%D9%86%D8%B9%D9%89-%D8%A7%D9%84%D8%B4%D9%8A%D8%AE-%D8%A3%D8%AD%D9%85%D8%AF-%D8%A8%D9%86-%D8%B9%D8%A8%D8%AF%D8%A7%D9%84%D9%84%D9%87-%D8%A8%D9%86\" style=\"\" rel=\"noopener\">Wam<\/a> reported yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">POLICY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>Dubai\u2019s Media Council has approved a new media strategy encompassing 21 <\/strong><strong>projects<\/strong>, including developing e-games, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aqbyca4-ahmed-bin-mohammed-chairs-meeting-dubai-media\" style=\"\" rel=\"noopener\">Wam<\/a>. The new strategy will \u201cboost its creative capabilities and expand private sector partnerships,\u201d the Dubai Media Office <a target=\"_blank\" href=\"https:\/\/twitter.com\/DXBMediaOffice\/status\/1739663062041325760?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1739663062041325760%7Ctwgr%5Ea15f5f5d8f7cc08b7e7c4167edc234688e108886%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fgulfnews.com%2Fuae%2Fdubai-medias-new-21-project-strategy-to-attract-more-talent-and-investors-1.100118163\" style=\"\" rel=\"noopener\">said on X<\/a>. The move also aims to \u201c[double] media sector's contribution to Dubai's GDP and [attract] more foreign direct investment,\u201d the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sharjah\u2019s government has made some changes to the health ins. package for its <\/strong><strong>government employees in 2024 <\/strong>at a meeting yesterday, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aqbybyn-sec-agrees-new-health-insurance-terms\" style=\"\" rel=\"noopener\">Wam<\/a>. The council amended the policy with new benefits and raised welfare ceilings, though Wam did not disclose how much it was raised. The ins. covers over 116k government employees and their family members.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Next on the agenda:<\/strong> Council members are drafting a general budget for Sharjah government departments, which will be submitted to the Sharjah Consultative Council for completion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PUBLIC SERVICE ANNOUNCEMENTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Emirates Road in Dubai has been fully <\/strong><strong><a target=\"_blank\" href=\"https:\/\/twitter.com\/rta_dubai\/status\/1739255741439934730\" style=\"\" rel=\"noopener\">reopened<\/a><\/strong><strong> in both directions<\/strong> between Expo Road and Al Fayah Truck Road after it was temporarily closed due to flooding, the Road and Transport Authority said on <a target=\"_blank\" href=\"https:\/\/twitter.com\/rta_dubai\/status\/1739255741439934730\" style=\"\" rel=\"noopener\">X<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>Abu Dhabi reins-in winter food truck craze: <\/strong>The municipality <a target=\"_blank\" href=\"https:\/\/twitter.com\/AbuDhabi_ADM\/status\/1739601553445491068\" style=\"\" rel=\"noopener\">said on X<\/a> that it will not issue or renew any food truck permits until further notice. The suspension only applies to \u201cunserved areas\u201d \u2014 meaning that if you run a mobile food cart in Khalifa City, Al Hudayriat, Al Shamkha, Al Khtam, or at Adnoc stations, you can pretend you never read this.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>#1- The Human Resources and Emiratisation Ministry aims to hire 1k Emiratis per <\/strong><strong>year in <\/strong><strong>the private education sector starting 2024 <\/strong>under its new teaching specialists program, it said in a <a target=\"_blank\" href=\"https:\/\/www.mohre.gov.ae\/en\/media-centre\/news\/26\/12\/2023\/mohre-moe-nafis-launch-teaching-specialists-programme.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. It plans to hire 1k teachers every year until 2028. The initiative will focus on providing training and curated courses in Arabic and Islamic and social studies as well as kindergarten, primary school, and special education teacher-training for Emiratis registered on Nafis. It targets Emiratis with bachelor\u2019s degrees in education for the teaching posts, and high school graduates for admin roles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nafis inked MoUs with five universities to help develop the program<\/strong>, namely the Higher Colleges of Technology, United Arab Emirates University, University of Sharjah, Sharjah Education Academy, and Emirates College for Advanced Education. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Own a family business? Get in touch with the Dubai Centre for Family Businesses\u2019 <\/strong><strong>about its three new <\/strong><strong>toolkits for family-owned businesses.<\/strong> The toolkits focus on continuity, sustainability, and competitiveness, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aqbybvn-dubai-centre-for-family-businesses-launches-three\" style=\"\" rel=\"noopener\">Wam<\/a> reports.The toolkits were developed in order to \u201cprovide a reference point for families on topics related to governance and succession planning protocols,\u201d according to a <a target=\"_blank\" href=\"https:\/\/www.dubaichambers.com\/en\/news\/dubai-centre-for-family-businesses-launches-three-vital-toolkits-for-family-businesses\/\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the center: <\/strong>The Dubai Centre for Family Businesses was launched under the umbrella of Dubai Chambers in May 2023. Its role is to ensure the growth and long-term sustainability of family businesses in Dubai. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART- Family-owned businesses account for 90% of all private-sector activity <\/strong>in Dubai. Plenty of them date back 55-70 years, making generational transition a big them of the coming decade or more. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The news flow has slightly picked up this morning <\/strong>as the Christmas news slump ends:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- US strikes Iraq: <\/strong>The US military has launched strikes on three Iraqi facilities that the <a target=\"_blank\" href=\"https:\/\/www.defense.gov\/News\/Releases\/Release\/Article\/3626180\/statement-from-secretary-of-defense-lloyd-j-austin-iii-on-us-strikes-in-iraq\/\" style=\"\" rel=\"noopener\">US said<\/a> were being used by Hezbollah and affiliated groups. The strikes came in response to a series of attacks against US personnel in Iraq and Syria which it said were carried out by Iranian-backed militias. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-12-26\/us-strikes-facilities-in-iraq-after-drone-attack-injures-troops?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/baghdad-condemns-us-strike-iraqi-military-positions-2023-12-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/world-middle-east-67819124\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2023\/12\/25\/politics\/us-strikes-iraq-kataib-hezbollah\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- US extends tariff exemptions on Chinese products: <\/strong>The US has <a target=\"_blank\" href=\"https:\/\/ustr.gov\/about-us\/policy-offices\/press-office\/press-releases\/2023\/december\/ustr-extends-exclusions-china-section-301-tariffs-allow-comments-review-exclusions-and-alignment\" style=\"\" rel=\"noopener\">extended<\/a> tariff exemptions for hundreds of Chinese products \u2014 including pumps, electric motors, car parts, bicycles, and vacuum cleaners \u2014 and 77 Covid-related products \u2014 like face masks and hand sanitizing wipes \u2014 due to expire on 31 December to 31 May. The tariffs were originally imposed by former US President Donald Trump\u2019s administration in 2018 after an investigation found China guilty of unfair trade practices. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/us-extends-tariff-exclusions-some-chinese-categories-till-may-31-2023-12-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\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>UAE bourses had a busy Monday: <\/strong>UAE stock exchanges recorded over AED 1 bn in market liquidity on Monday, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aqbcwoc-uae-stocks-generate-over-aed1-cash-flows-monday\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The robust activity came on the back of investors trading in over 207.5 mn shares across over 11.7k transactions. Trading action on the ADX generated AED 885.8 mn in cashflows, while the DFM gained AED 115.2 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Top gainers: <\/strong>The strong trading activity was led by <a target=\"_blank\" href=\"https:\/\/www.ihcuae.com\/\" style=\"\" rel=\"noopener\">International Holding Company<\/a><a target=\"_blank\" href=\"https:\/\/www.ihcuae.com\/\" style=\"\" rel=\"noopener\">(IHC)<\/a> on the ADX and Dubai Electricity and Water Authority (Dewa) on the DFM, according to Wam. IHC logged transactions worth AED 214.1 mn. Dewa led trading activity on the DFM, recording AED 24.5 mn in transactions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sharjah Youth kicked off Rubu' Qarn Season for Literature and Arts<\/strong>, showcasing Sharjah youth\u2019s creative and artistic work, on Sunday, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/12msmqq-sharjah-youth-kicks-off-rubu%E2%80%99-qarn-season\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <a target=\"_blank\" href=\"https:\/\/www.shjyouth.ae\/default.aspx\" style=\"\" rel=\"noopener\">Sharjah Youth<\/a> began the fourth season of the event with seven film screenings on Sunday evening in Flagpole Square on Khorfakkan Beach. The event will run until Friday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This weekend: The year rounds off in style for pop fans<\/strong>, with Sean Paul and TI <a target=\"_blank\" href=\"https:\/\/www.visitdubai.com\/en\/whats-on\/dubai-events-calendar\/sean-paul-t-i-live\" style=\"\" rel=\"noopener\">playing<\/a> Dubai\u2019s Coca Cola Arena on Saturday, 30 December. Saturday will also see X Factor India star Jubin Nautiyal <a target=\"_blank\" href=\"https:\/\/www.visitdubai.com\/en\/whats-on\/dubai-events-calendar\/jubin-nautiyal\" style=\"\" rel=\"noopener\">perform<\/a> at the DutyFree Tennis Stadium.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Madinat Jumeirah\u2019s Festive Market runs throughout the holiday season<\/strong>, with a <a target=\"_blank\" href=\"https:\/\/www.visitdubai.com\/en\/whats-on\/dubai-events-calendar\/madinat-jumeirah-festive-market\" style=\"\" rel=\"noopener\">host<\/a> of parties across Dubai, Abu Dhabi, and the rest of the country on 31 December. Abu Dhabi is even planning a world record-breaking <a target=\"_blank\" href=\"https:\/\/www.timeoutdubai.com\/news\/fireworks-in-abu-dhabi\" style=\"\" rel=\"noopener\">40 minute firework display<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Arab Women Sports Tournament registration deadline extended:<\/strong> The deadline to register for the Arab Women Sports Tournament (AWST) \u2014 scheduled to take place in Sharjah between 2-12 February 2 to 12 \u2014 has been extended to 31 December due to high demand, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/sport\/uae-sport\/sharjah-set-to-host-seventh-edition-of-arab-women-sports-tournament-1.100115490\" style=\"\" rel=\"noopener\">Gulf News<\/a> writes. The tournament includes volleyball, table tennis, basketball, shooting, archery, fencing, athletics, and karate.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A martial arts showdown will kick off the new year<\/strong> at the <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aqbcwlg-adxc-see-sterling-hooper-grappling-spectacle\" style=\"\" rel=\"noopener\">Abu Dhabi Extreme<\/a><a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aqbcwlg-adxc-see-sterling-hooper-grappling-spectacle\" style=\"\" rel=\"noopener\">Championship 2 (ADXC 2)<\/a> on 19 January at Mubadala Arena. The main event will be a jiu-jitsu clash between UFC champions Aljamain Sterling and Chase Hooper, with two co-main events and ten additional duels also on the bill.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The first Dubai Challenge Cup football tournament will be taking place between 26-28<\/strong><strong> January<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2023\/December\/26-12\/Dubai%20Challenge%20Cup%202024#:~:text=Under%20the%20patronage%20of%20His%20Highness%20Sheikh%20Mansoor,to%20be%20held%20from%2026-%2028%20January%202024.\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. Saudi Club Al Ahli will play China\u2019s Wuhan Three Towns, while Egypt\u2019s Zamalek SC will play Morocco\u2019s Raja Club Athletic, before the final is played on the final day, along with a third position match.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Sharjah Entrepreneurship Festival (SEF) is taking place on 3-4 February<\/strong>, featuring 150+ experts in nine sectors, including technology, creative economy, and sustainability. The event will be attended by a host of company founders, industry leaders, investors, and small entrepreneurs, <a target=\"_blank\" href=\"https:\/\/www.gulftoday.ae\/business\/2023\/12\/26\/sharjah-to-celebrate-entrepreneurship-at-two-day-event-from-february-3\" style=\"\" rel=\"noopener\">Gulf Today<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-media-council\/\">Dubai Media Council<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/human-resources-and-emiratisation-ministry\/\">Human Resources and Emiratisation Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/policy\/\">policy<\/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=\"87482\" 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=\"87482\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/crypto-conglomerate-phoenix-group-to-acquire-25-stake-in-monetization-platform-lyvely\/\">\r\n                            Phoenix Group to acquire 25% of new monetization platform Lyvely                        <\/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\/12\/27\/crypto-conglomerate-phoenix-group-to-acquire-25-stake-in-monetization-platform-lyvely\/\" 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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Phoenix is currently running through the regulatory requirements to finalize the agreement. Phoenix announced its plan to invest in Lyvely in a <a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/12\/23\/2800894\/0\/en\/Phoenix-Group-Reinforces-Its-Tech-and-Web3-Portfolio-with-Strategic-Investment-in-Lyvely.html\" style=\"\" rel=\"noopener\">press release<\/a> on Saturday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cWe are proud to invest in Lyvely, a UAE homegrown platform, which represents a revolutionary fusion of Web 2 and Web 3 capabilities, poised to redefine how creators and consumers interact in the digital space,\u201d said Phoenix Co-founder Bijan Alizadehfard.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Lyvely: <\/strong>Founded this year by Farah Zafar (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/farah-zafar-73a7482\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) and Dave Catudal (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/davecatudal\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>),<strong><a target=\"_blank\" href=\"https:\/\/lyvely.com\/\" style=\"\" rel=\"noopener\">Lyvely<\/a><\/strong> provides content creators with a blockchain-based integrated payment solution, with plans to develop a credit card and digital currency in 1Q 2024. The company <a target=\"_blank\" href=\"https:\/\/www.adsmehub.ae\/en\/explore\/post-details\/uaes-lyvely-raises-seed-round-from-cypher-capital\" style=\"\" rel=\"noopener\">raised<\/a> an undisclosed seed round from early stage venture capital firm Cypher Capital in September.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Investors welcomed <a target=\"_blank\" href=\"https:\/\/phoenixgroupuae.com\/\" style=\"\" rel=\"noopener\">Phoenix<\/a> \u2019s ADX debut at the start of the month, with shares <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-12-05\/crypto-firm-phoenix-jumps-50-after-371-million-abu-dhabi-ipo\" style=\"\" rel=\"noopener\">soaring 35%<\/a> on the first day of trading. The company owns 23 businesses and nine mining facilities in the US, Canada, CIS, and the UAE, with a USD 2 bn crypto mining farm in the UAE, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-28\/crypto-hardware-retailer-phoenix-said-in-early-talks-for-uae-ipo\" style=\"\" rel=\"noopener\">one of the largest<\/a> in the Middle East.<\/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\/blockchain\/\">Blockchain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/cryptocurrency\/\">cryptocurrency<\/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\/startup-watch\/\">STARTUP 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=\"87484\" 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=\"87484\">\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\">CAPITAL MARKETS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/eshraq-continues-with-share-buybacks-while-pushing-ahead-turnaround-plans\/\">\r\n                            Eshraq continues its share buybacks                        <\/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\/12\/27\/eshraq-continues-with-share-buybacks-while-pushing-ahead-turnaround-plans\/\" 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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A block trade on Eshraq Investments yesterday saw 87.07 mn shares (at AED 0.409 apiece) worth a total of AED 35.6 mn purchased on the ADX yesterday, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aqbyc1k-two-large-direct-deals-eshraq-investments-national\" 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>About the buyback program:<\/strong> The ADX approved the renewal of Eshraq\u2019s buyback program on 25 October, with the extension running through until 31 December, according to a <a target=\"_blank\" href=\"https:\/\/portalvhds1fxb0jchzgjph.blob.core.windows.net\/press-releases-attachments\/1582423\/en_20231026132750_95.pdf\" style=\"\" rel=\"noopener\">bourse filing<\/a>. The current program sees Eshraq buying treasury shares to enhance its long-term shareholder value by taking advantage of the undervaluation of its shares, the company <a target=\"_blank\" href=\"https:\/\/portalvhds1fxb0jchzgjph.blob.core.windows.net\/press-releases-attachments\/1584141\/en_20231101084727_85.pdf\" style=\"\" rel=\"noopener\">had said last month<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The buybacks come as a new leadership team and board push ahead with a turnaround <\/strong><strong>strategy:<\/strong> Former Adnoc CFO Mohamed Al Hashimi was appointed as Eshraq\u2019s new CEO in August, and a month later the company <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/markets\/equities\/adx-listed-eshraq-investments-to-restructure-board-after-three-resignations-htr12ep5\" style=\"\" rel=\"noopener\">disclosed the departures<\/a> of three board members, forming a smaller, more focused board. Eshraq then rolled out the new buyback program, mirroring the same sequence of events we saw back in 2016 with a board <a target=\"_blank\" href=\"https:\/\/english.mubasher.info\/news\/2903063\/Eshraq-sees-reshuffle-in-top-management\/\" style=\"\" rel=\"noopener\">shuffle<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The pitch to investors: <\/strong>The company is making a play to become a diversified multi-asset investment house. It has a new leadership team, a new board, it\u2019s monetizing its land bank, diversifying into to add asset classes outside real estate, and running a buyback to show confidence in its own strategy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What it\u2019s done so far: <\/strong>It has rebranded as <a target=\"_blank\" href=\"https:\/\/english.mubasher.info\/news\/3414513\/Eshraq-Properties-rebrands-as-Eshraq-Investments-to-complete-Marina-Rise-tower-in-Q2-20\/\" style=\"\" rel=\"noopener\">Eshraq Investments<\/a> and acquired Goldilocks Investment Co. in summer 2022. The board then announced a strategic change <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/markets\/equities\/eshraq-investments-announces-new-strategy-post-goldilocks-acquisition-v88c0upi\" style=\"\" rel=\"noopener\">in September<\/a>, making \u201cGoldilocks \u2026 the company\u2019s core asset, and the composition of the assets is expected to lead to greater stability, improved returns and reduced mark-to-market volatility.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company has been selling non-core assets to free up capital<\/strong>, deleveraging its balance sheet (it\u2019s cut total liabilities by 34% year-to-date) and trimming its net loss to AED 83 mn in 3Q 2023 from 474 mn in the same period last year. It sold land plots in Abu Dhabi\u2019s Reem Island and Dubai\u2019s JVC earlier this year and has also exited 58 units of Burj Daman and the Nuran Marina Hotel in Dubai, generating a bit more than AED 500 mn in proceeds since late 2022.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The focus on the real estate side of the house: <\/strong>Working on non-income-generating assets and pursuing new, profitable investments, it says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Goldilocks unit, meanwhile, is deploying capital across a range of asset classes. <\/strong>About 51% of its portfolio is in publicly traded assets, with 46% in private equity, and 3% invested in debt instruments. Its 19 investments include Dana Gas (the region\u2019s largest non-state-owned natural gas player), Salama (a top-five UAE insurance provider), Stanford Mariane, and Allianz Marine. <strong>Shipping, financial services, and energy make up more than 80% of its portfolio.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Go deeper: <\/strong>Check out Eshraq\u2019s <a target=\"_blank\" href=\"https:\/\/eshraquae.com\/wp-content\/uploads\/2023\/10\/q1-1.pdf\" style=\"\" rel=\"noopener\">3Q 2023 earnings release (pdf)<\/a>. The company outlines its turnaround strategy in this <a target=\"_blank\" href=\"https:\/\/eshraquae.com\/wp-content\/uploads\/2023\/11\/Eshraq-Q3-Management-presentation_vF2.pdf\" style=\"\" rel=\"noopener\">management presentation (pdf)<\/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\/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\/dfm\/\">DFM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/share-buyback\/\">Share buyback<\/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=\"87486\" 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=\"87486\">\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\">STRATEGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/how-to-think-about-2024\/\">\r\n                            How to think about risk and business in 2024                        <\/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\/12\/27\/how-to-think-about-2024\/\" 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\/12\/27\/how-to-think-about-2024\/')\">\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\/12\/27\/how-to-think-about-2024\/\">\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=How to think about 2024&url=https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/how-to-think-about-2024\/\">\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\/12\/27\/how-to-think-about-2024\/&title=How to think about 2024\">\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=How+to+think+about+2024+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F12%2F27%2Fhow-to-think-about-2024%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\/12\/27\/how-to-think-about-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87486\" class=\"content-area-description single-story post-87486 post type-post status-publish format-standard hentry category-strategy 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\/.e07926e9-ce9a-411f-b471-e0c66183d9cb.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Two wars, a handful of \u201ccivil disturbances,\u201d 50 elections, and <\/strong><strong>rich-world bias: <\/strong>Here\u2019s how some of the smarter people in the Western press think you should be thinking about 2023:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Volatility will be the theme of the year<\/strong>, the <a target=\"_blank\" href=\"http:\/\/www.nytimes.com\/2023\/12\/24\/business\/economy\/global-economic-risks-red-sea.html\" style=\"\" rel=\"noopener\">New York Times<\/a> writes, noting that economic uncertainty and armed conflict are set to run headlong into a list of elections spanning from Taiwan and India to the US of A. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Huge things that matter to business \u2014 in the region and beyond \u2014 are at stake: <\/strong>Who gets elected and how much power they have will affect decisions ranging from how artificial intelligence will be regulated to \u201cfactory subsidies, tax breaks, technology transfers, the development of artificial intelligence, regulatory controls, trade barriers, investments, debt relief, and the energy transition.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Greenwashing by corporations is a sideshow in emerging markets. <\/strong>What really matters is that \u201crich countries are using the green transition as an excuse to boost their own economies at the expense of developing ones.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s not an activist speaking \u2014 but the head of the UN\u2019s top trade body. <\/strong>\u201cMany trade rules forbid policies that can be used by developing countries. And the developed countries have more fiscal space to subsidize in the areas that are good for \u2018quote, unquote\u2019, the environment,\u201d UN Conference on Trade and Development Secretary-General Rebeca Grynspan tells the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e8b9d884-a210-46a7-9ad2-00cb07cfb08e?utm_source=pocket_reader\" style=\"\" rel=\"noopener\">Financial Times<\/a> in a year-end interview. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Competition is going to be particularly fierce when it comes to job-creating (and <\/strong><strong>economically important) investment in industry<\/strong>, where Grynspan notes that advanced economies are now trying to muscle-out the developing world to bring jobs and technology back home. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- It\u2019s a year in which every business will have to come to grips with what artificial <\/strong><strong>intelligence means to their business. <\/strong>Our friends at McKinsey think that 75% of the total business \u201cuse case\u201d for AI will fall into just four buckets: Customer service and operations, marketing and sales, software engineering, and research and development. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And adoption has so far been slow: <\/strong>Younger people are playing with it, sorting out its strengths (cutting through deep stores of data) and weaknesses (so. much. hallucination). But only a third of managers around the world tell McKinsey they\u2019re using generative AI for work. Nearly 70% have either tried it and decided not to use it \u2014 or have never touched it at all. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Your best starting points for AI: <\/strong>There are far more questions than answers. Folks with more exposure will want to look at <a target=\"_blank\" href=\"https:\/\/www.ben-evans.com\/presentations\" style=\"\" rel=\"noopener\">Benedict Evans\u2019 annual look ahead<\/a>, which this year focuses almost entirely on gen AI. Newbies can start with the <a target=\"_blank\" href=\"https:\/\/www.economist.com\/the-world-ahead\/2023\/11\/13\/generative-ai-holds-much-promise-for-businesses\" style=\"\" rel=\"noopener\">Economist<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87487\" 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=\"87487\">\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\">LEGISLATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/organ-donors-and-recipients-will-soon-get-ins-coverage\/\">\r\n                            Mandatory ins. coverage for organ donation and transplants to soon be the law of the land                        <\/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\/12\/27\/organ-donors-and-recipients-will-soon-get-ins-coverage\/\" 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\/12\/27\/organ-donors-and-recipients-will-soon-get-ins-coverage\/')\">\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\/12\/27\/organ-donors-and-recipients-will-soon-get-ins-coverage\/\">\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=Organ donors and recipients will soon get ins. coverage&url=https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/organ-donors-and-recipients-will-soon-get-ins-coverage\/\">\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\/12\/27\/organ-donors-and-recipients-will-soon-get-ins-coverage\/&title=Organ donors and recipients will soon get ins. coverage\">\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=Organ+donors+and+recipients+will+soon+get+ins.+coverage+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F12%2F27%2Forgan-donors-and-recipients-will-soon-get-ins-coverage%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\/12\/27\/organ-donors-and-recipients-will-soon-get-ins-coverage\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/2479.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87488\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/organ-donors-and-recipients-will-soon-get-ins-coverage\/2479-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/2479.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2479.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/2479.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/2479.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87487\" class=\"content-area-description single-story post-87487 post type-post status-publish format-standard has-post-thumbnail hentry category-legislation-watch tag-enterpriseam-uae tag-healthcare tag-insurance tag-legislation tag-legislation-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\/.e07926e9-ce9a-411f-b471-e0c66183d9cb.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Healthcare watchdogs want ins. firms to offer more comprehensive coverage for organ donors:<\/strong> A draft law is in the works to require ins. companies to provide more comprehensive coverage of organ donation and organ transplants, UAE National Transplant Committee Chairman Ali Al Obaidi told <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/uae\/health\/uae-set-to-mandate-insurance-coverage-for-organ-donors-recipients-1.100098447\" style=\"\" rel=\"noopener\">Gulf News<\/a>. The amendments to the organ transplant law will also call on them to form strategic partnerships with the Health Ministry\u2019s <a target=\"_blank\" href=\"https:\/\/mohap.gov.ae\/en\/hayat\" style=\"\" rel=\"noopener\">Hayat program<\/a>, the national program for organ and tissue donation and transplantation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Only partial coverage is currently available: <\/strong>Transplant surgeries often fall outside the umbrella of health ins. coverage because of how expensive they can be. When ins. companies do offer coverage, it typically focuses on the recipient\u2019s surgery costs, often leaving the donor without coverage and excluding post-transplant care for both parties. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cEarlier, the law was not clear about the role of ins. in organ donation and transplantation, but now it is clear,\u201d said Ali Al Obaidi. \u201cWe know that health ins. support is also part of the new [draft] law and it is mandatory for everybody [ins. companies to comply].\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The Dubai Health Authority will work with the National Transplant Committee to mandate the law in Dubai, CEO of the health regulation sector at the Dubai Health Authority (DHA) Marwan Al Mulla told the news outlet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the Hayat Program: <\/strong>The nation-wide campaign was launched by the Health Ministry in 2017 to regulate the organ donation process and provide care for organ deficient patients. <\/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\/healthcare\/\">Healthcare<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/insurance\/\">insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/legislation-watch\/\">LEGISLATION 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=\"87489\" 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=\"87489\">\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\">TRENDING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/abu-dhabis-suspension-of-food-truck-permits-made-it-onto-uae-x\/\">\r\n                            Abu Dhabi\u2019s suspension of food truck permits made it onto UAE X                        <\/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\/12\/27\/abu-dhabis-suspension-of-food-truck-permits-made-it-onto-uae-x\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                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onto UAE X&url=https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/abu-dhabis-suspension-of-food-truck-permits-made-it-onto-uae-x\/\">\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\/12\/27\/abu-dhabis-suspension-of-food-truck-permits-made-it-onto-uae-x\/&title=Abu Dhabi\u2019s suspension of food truck permits made it onto UAE X\">\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=Abu+Dhabi%E2%80%99s+suspension+of+food+truck+permits+made+it+onto+UAE+X+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F12%2F27%2Fabu-dhabis-suspension-of-food-truck-permits-made-it-onto-uae-x%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\/12\/27\/abu-dhabis-suspension-of-food-truck-permits-made-it-onto-uae-x\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1755.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87490\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/abu-dhabis-suspension-of-food-truck-permits-made-it-onto-uae-x\/1755-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1755.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1755.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1755.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1755.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87489\" class=\"content-area-description single-story post-87489 post type-post status-publish format-standard has-post-thumbnail hentry category-trending tag-abu-dhabi tag-enterpriseam-uae tag-regulation tag-sports tag-trending 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\/.e07926e9-ce9a-411f-b471-e0c66183d9cb.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This morning on UAE X: <\/strong><a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=Christmas&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">#Christmas<\/a> and <a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%22Happy%20Holidays%22&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">#Happy Holidays<\/a> remained at the top of Emirati Twitter. <a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%22%D8%A7%D9%84%D8%B7%D8%B9%D8%A7%D9%85%20%D8%A7%D9%84%D9%85%D8%AA%D9%86%D9%82%D9%84%D9%87%22&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">#\u0627\u0644\u0637\u0639\u0627\u0645 \u0627\u0644\u0645\u062a\u0646\u0642\u0644\u0647<\/a> (mobile food) was also making the rounds, following Abu Dhabi Municipality\u2019s suspension of food truck permits (see What We\u2019re Tracking Today, above).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is it really UAE X without football? <\/strong>The Premier League caught people\u2019s attention again, with <a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%D9%86%D9%8A%D9%88%D9%83%D8%A7%D8%B3%D9%84&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">#\u0646\u064a\u0648\u0643\u0627\u0633\u0644<\/a> and <a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%22%D9%83%D8%B1%D9%8A%D8%B3%20%D9%88%D9%88%D8%AF%22&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">#\u0643\u0631\u064a\u0633 \u0648\u0648\u062f<\/a> (Chris Wood, Nottingham Forest forward) trending after yesterday\u2019s match between Newcastle vs Nottingham Forest.<\/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\/\">Abu Dhabi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sports\/\">Sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trending\/\">TRENDING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        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                  <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=\"87492\" 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=\"87492\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/dubai-ins-gets-a-rating-from-fitch-qashio-with-emirates-skywards\/\">\r\n                            Dubai Insurance is strong + Qashio with Emirates 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href=\"https:\/\/api.whatsapp.com\/send?text=Dubai+Ins.+gets+%E2%80%9CA%E2%80%9D+rating+from+Fitch+%2B+Qashio+with+Emirates+Skywards+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F12%2F27%2Fdubai-ins-gets-a-rating-from-fitch-qashio-with-emirates-skywards%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\/12\/27\/dubai-ins-gets-a-rating-from-fitch-qashio-with-emirates-skywards\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1772.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87493\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/dubai-ins-gets-a-rating-from-fitch-qashio-with-emirates-skywards\/1772-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1772.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1772.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1772.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1772.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87492\" class=\"content-area-description single-story post-87492 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-dubai-insurance tag-emirates-skywards tag-enterpriseam-uae tag-fintech tag-qashio 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\/.e07926e9-ce9a-411f-b471-e0c66183d9cb.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">INS.-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Rating agency Fitch gave Dubai Ins. its first Insurer Financial Strength (IFS) <\/strong><strong>\u201cA\u201d rating <\/strong>with a stable outlook, indicating \u2018strong\u2019 IFS, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/dubai-insurance-company-assigned-a-rating-for-insurance-financial-strength-with-stable-outlook-by-fitch-ratings-london-uztxhffn\" style=\"\" rel=\"noopener\">press release<\/a>. Fitch backed its score with nods to <a target=\"_blank\" href=\"https:\/\/www.dubins.ae\/\" style=\"\" rel=\"noopener\">Dubai Ins<\/a>.\u2019 \u201cextremely strong\u201d capitalization in 2022 (with a ratio of 180%), \u201cvery strong\u201d profitability surpassing AED 78 mn in 2022, \u201cconsistently strong\u201d return on equity (with a five-year average of 12.3%), and a \u201cstrong reinsurance panel.\u201d Fitch also lauded the firm\u2019sgross written premiums in 2022, which totaled AED 1.5 bn, marking it the fourth-largest publicly listed insurer in the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">FINTECH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Customers of fintech company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/qashio.com\/\" style=\"\" rel=\"noopener\">Qashio<\/a><\/strong><strong> can now convert Qashio points into skyward miles<\/strong> after the company signed an agreement with <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/eg\/english\/skywards\/\" style=\"\" rel=\"noopener\">Emirates Skywards<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/qashio-a-uae-fintech-announces-partnership-with-emirates-skywards-laluwt6o\" style=\"\" rel=\"noopener\">press release<\/a>. Qashio points can be earned by using Qashio business expense cards for business-related purchases and transactions, which will automatically be converted to skyward miles if you already have an Emirates Skywards account. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ENERGY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Empower to collaborate with Ashrae on district cooling:<\/strong> Emirates Central Cooling Systems Corporation (<a target=\"_blank\" href=\"https:\/\/www.empower.ae\/\" style=\"\" rel=\"noopener\">Empower<\/a>) has partnered with the American Society of Heating, Refrigerating and Air-Conditioning Engineers (<a target=\"_blank\" href=\"https:\/\/www.ashrae.org\/\" style=\"\" rel=\"noopener\">Ashrae<\/a>) to develop strategies and action plans to improve energy efficiency within the district cooling industry, Empower said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/12\/1728.pdf\" style=\"\" rel=\"noopener\">press release (pdf).<\/a> The two companies are set to officially ink the partnership and finalize their joint District Cooling Guide in a second meeting during the <a target=\"_blank\" href=\"https:\/\/www.ashrae.org\/conferences\/2024-winter-conference-chicago\" style=\"\" rel=\"noopener\">Ashrae annual conference<\/a>, held between 20-24 January 2024.<\/p>\n<p class=\"tag-border-left\">TRANSPORT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai\u2019s RTA + UN <\/strong><strong> \u2764\ufe0f<\/strong><strong> data-driven transport transformation: <\/strong>Dubai\u2019s Road and Transport Authority (RTA) is teaming up with the UN Committee of Experts on Big Data and Data Science to enhance its data collection efforts, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aqbcwoa-rta-committee-experts-collaborate-developing-big\" style=\"\" rel=\"noopener\">Wam<\/a>. The RTA will split into nine teams to address data-gathering challenges and serve as an active member of the UN Committee to explore using consumer mobile phone data for transportation statistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ENVIRONMENT- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi's Environment Agency completed its first atmospheric research expedition<\/strong>, cruising through the waters of 25 countries on a state-of-the art ship named Jaywun, a 10k km journey from Spain to Abu Dhabi, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/12msmrp-ead-completes-first-atmospheric-research\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The study investigated the airborne movement of hydrocarbons and nitrogen oxides, exploring how pollution in the Arabian Gulf travels to other regions and influences ozone formation in the UAE. The results of the study will be available in 2024.<\/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\/dubai-insurance\/\">Dubai Insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-skywards\/\">Emirates Skywards<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fintech\/\">fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/qashio\/\">Qashio<\/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=\"87494\" 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=\"87494\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/kpmg-mesac-reports-fy-2023-earnings\/\">\r\n                            KPMG MESAC reports FY 2023 earnings                        <\/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\/12\/27\/kpmg-mesac-reports-fy-2023-earnings\/\" 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\/12\/27\/kpmg-mesac-reports-fy-2023-earnings\/')\">\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\/12\/27\/kpmg-mesac-reports-fy-2023-earnings\/\">\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=KPMG MESAC reports FY 2023 earnings&url=https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/kpmg-mesac-reports-fy-2023-earnings\/\">\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\/12\/27\/kpmg-mesac-reports-fy-2023-earnings\/&title=KPMG MESAC reports FY 2023 earnings\">\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=KPMG+MESAC+reports+FY+2023+earnings+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2023%2F12%2F27%2Fkpmg-mesac-reports-fy-2023-earnings%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\/12\/27\/kpmg-mesac-reports-fy-2023-earnings\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87494\" class=\"content-area-description single-story post-87494 post type-post status-publish format-standard hentry category-planet-finance tag-enterpriseam-uae tag-financial-markets tag-kpmg-mesac tag-planet-finance 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\/.e07926e9-ce9a-411f-b471-e0c66183d9cb.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Big Four MENA division KPMG<\/strong><strong> Middle East, South Asia, and Caspian (MESAC) posted a 22.4% y-o-y increase in its annual revenues in 2023<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/professional-services\/kpmg-mesac-revenues-grow-224-global-revenues-hit-36bln-a2pke2h2\" style=\"\" rel=\"noopener\">Zawya<\/a> reports. The firm\u2019s performance was backed up by the regional division posting double-digit growth across audit, tax and advisory services. MESAC Advisory services performed the best of all, with revenues surging over 30% y-o-y, according to a <a target=\"_blank\" href=\"https:\/\/kpmg.com\/kw\/en\/home\/media\/press-releases\/2023\/12\/kpmg-global-revenue-touches-usd36b.html\" style=\"\" rel=\"noopener\">KPMG earnings release<\/a>. KPMG firms posted an overall global revenue of USD 36 bn for FY23, an 8% increase on FY22.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- Traders are shrugging off the turkey doldrums<\/strong>, but don\u2019t expect a lot of wild action on exchanges in the final trading days of 2023. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The S&P 500 is nearing an all-time high: <\/strong>S&P 500 rose 0.4% during yesterday\u2019s trading, closing about 0.5% away from its all-time high as expectations of the US Federal Reserve moving forward with rate cuts in 2024 keep market sentiment high, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-12-25\/asia-eyes-muted-open-oil-in-focus-amid-tensions-markets-wrap?srnd=markets-vp\" style=\"\" rel=\"noopener\">Bloomberg<\/a> wrote. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Nikkei and shares in Australia are up in early trading this morning<\/strong>, Shanghai is flat, and Hong Kong is shaking off a two-day holiday. Aussie shares are at a two-year high, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/12\/27\/live-updates-asia-stocks-set-to-bounce-aussie-shares-hit-near-2-year-highs.html\" style=\"\" rel=\"noopener\">CNBC<\/a>. Shares in Europe look set to open in the green later this morning, while Wall Street could dip into the red at the opening bell. <\/p>\n<p><a target=\"_blank\" id=\"t.2f5dff1e6e6e41d8c76677c82c7d04380050909f\" rel=\"noopener\"><\/a><a target=\"_blank\" id=\"t.0\" rel=\"noopener\"><\/a> <\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,517<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.3% (YTD: -6.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,029<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.3 (YTD: +20.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">3,783<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: -5.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.0;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.centralbank.ae\/en\/forex-eibor\/exchange-rates\/\" style=\"\" rel=\"noopener\">USD : AED<\/a><\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5.2% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5.4% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">11,873<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +13.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">23,995<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.0% (YTD: +64.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,775<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.4% (YTD: +24.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">7,698<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0% (YTD: +3.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,521<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% (YTD: +19.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 81.07<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+2.5%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2.55<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-2.3%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2,079<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 42,482<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-2.7% (YTD: +156.9%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADX rose 0.3% yesterday<\/strong> on turnover of AED 2.16 bn. The index is down 6.8% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Emirates Stallions Group (+15.0%), National Marine Dredging (+14.7%) and Sudatel Telecommunication Group (+4.5%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Ooredoo (-7.4%), Gulf Cement (-5.4%) and Chimera S&P Turkey (-4.8%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The DFM rose% 0.3% yesterday<\/strong> on turnover of AED 138.08 mn. The index is up 20.8% 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\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/kpmg-mesac\/\">KPMG MESAC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87495\" 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=\"87495\">\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\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/abu-dhabi-and-tokyo-will-partner-in-city-planning\/\">\r\n                            Abu Dhabi and Tokyo will partner in city planning                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" 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           <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/abu-dhabi-and-tokyo-will-partner-in-city-planning\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1742.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87496\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2023\/12\/27\/abu-dhabi-and-tokyo-will-partner-in-city-planning\/1742-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1742.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1742.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1742.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1742.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87495\" class=\"content-area-description single-story post-87495 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-department-of-municipalities-and-transport tag-diplomacy 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\/.e07926e9-ce9a-411f-b471-e0c66183d9cb.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi + Tokyo shake hands to improve cities:<\/strong> The Department of Municipalities and Transport in Abu Dhabi (DMT) inked an agreement on Tuesday with the Tokyo Metropolitan Government to facilitate collaboration in key urban development projects, reports the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/infrastructure\/dmt-partners-with-tokyo-metropolitan-government-to-enhance-urban-development-expertise\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office.<\/a> The authorities will swap expertise and explore partnerships in city planning, digitalization, and sustainability as part of the agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DEWA + Thailand:<\/strong> Dubai Electricity and Water Authority (DEWA) CEO Saeed Mohammed Al Tayer is in discussions with Thailand's Consul-General in Dubai and the Northern Emirates, Nipa Nirannoot, to explore cooperation between Thai enterprises in the clean and renewable energy sector and DEWA, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/12msms1-dewa-thai-energy-and-water-authorities-discuss\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/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\/department-of-municipalities-and-transport\/\">Department of Municipalities and Transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87497\" 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\/12\/27\/87497-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87497\" class=\"content-area-description single-story post-87497 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">8-31 December: Abu Dhabi MOTN Entertainment Festival<\/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;\">31 December (Sunday): RAK NYE Festival, Al Marjan Island.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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 style=\"font-weight:400;\">8-11 January (Monday-Thursday): SteelFab 2024, Sharjah Expo 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;\">9-11 January (Tuesday-Thursday): Dubai International Pharmaceuticals and Technologies Conference and Exhibition, 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;\">9-11 January (Tuesday-Thursday): Gulf Print and Pack, 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;\">19 January (Friday): The Abu Dhabi Extreme Championship 2 (ADXC 2), Mubadala Arena. UFC champions Aljamain Sterling and Chase Hooper will be in the ring.<\/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;\">21-23 January: World of Coffee Dubai, 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;\">26-28 January: Dubai Challenge Cup<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">29 January- 1 February: Arab Health, 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 style=\"font-weight:400;\">12-13 February (Monday-Tuesday): Breakbulk Middle East conference, Dubai 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;\">12-14 February (Monday-Wednesday): Sustainable Aviation Futures MENA Congress, Hotel Dubai Mall.<\/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;\">7-8 February (Wednesday-Thursday): Sharjah Investment Forum, 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 style=\"font-weight:400;\">26-28 February (Monday-Wednesday): Management and Sustainability of Water Resources, 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 style=\"font-weight:400;\">27-28 February (Tuesday-Wednesday): Dubai Association Centre Conference, 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;\">28-29 February (Wednesday-Thursday): Ras Al Khaimah Investment and Trade Summit, Rak 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:400;\">28-29 February (Wednesday-Thursday): UAE delegation attends \u2018Invest in Austria\u2019 conference, Vienna.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28 February-1 March (Wednesday-Friday): MENA Transport Congress and Exhibition 2024, 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;\">Signposted to happen sometime in February:<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">World Trade Organization Ministerial Conference, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH<\/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;\">5-6 March (Tuesday-Wednesday): MRO Middle East, Dubai 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;\">5-7 March (Tuesday-Thursday): World Police Summit, 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;\">5-8 March (Tuesday-Friday): Forbes\u2019 Third Annual 30\/50 Summit In Abu Dhabi During International Women\u2019s Day<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">12 March (Tuesday): Start of Ramadan, public 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;\">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;\">11 April (Thursday): End of Ramadan, public 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;\">12 April (Friday): Eid Al-Fitr, public 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 April (Tuesday-Thursday): World Future Energy Summit, 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:400;\">16-18 April (Tuesday-Thursday): Middle East Coatings Show, 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;\">23-25 April (Tuesday-Thursday): Connecting Green Hydrogen MENA, 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 style=\"font-weight:400;\">8-9 May (Wednesday-Thursday): Innovative Finance Expo, Jumeirah Emirates Towers.<\/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;\">14-15 May (Tuesday-Wednesday): Seamless Middle East, 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 style=\"font-weight:400;\">4-6 June (Tuesday-Thursday): The Hotel Show, 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;\">4-6 June (Tuesday-Thursday): INDEX, 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;\">4-6 June (Tuesday-Thursday): WORKSPACE, 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;\">4-6 June (Tuesday-Thursday): Leisure Show, 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 style=\"font-weight:400;\">9-11 September (Monday-Wednesday): World Utilities Congress, 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 style=\"font-weight:400;\">30-1 November (Wednesday-Friday): World Cities Cultural Summit, 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 style=\"font-weight:400;\">11-14 November (Monday-Thursday): ADIPEC, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">11-14 November (Monday-Thursday): ADIPEC Maritime and Logistics Exhibition and Conference, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">11-14 November (Monday-Thursday): ADIPEC Decarbonisation Accelerator, 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;\">2-3 December (Monday-Tuesday): National Day, public holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span 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>Phoenix Group acquiring 25% of Lyvely | Eshraq\u2019s buybacks continue | Ins. coverage for organ donors | Looking back at 2023<\/p>\n","protected":false},"featured_media":87479,"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-87478","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"96cc8ab3-2297-4c79-b7d8-7dc7763d5564","teaser":"Phoenix Group acquiring 25% of Lyvely | Eshraq\u2019s buybacks continue | Ins. coverage for organ donors | Looking back at 2023","photo_url":"https:\/\/ent.news\/2024\/1\/718.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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