{"id":88046,"date":"2024-01-17T00:00:00","date_gmt":"2024-01-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=88046"},"modified":"2025-12-14T23:13:00","modified_gmt":"2025-12-14T23:13:00","slug":"finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/","title":{"rendered":"Finance and tech are the big stories on a reasonably quiet winter morning"},"content":{"rendered":"<section id=\"88048\" 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=\"88048\">\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\/2024\/01\/17\/uae-led-gcc-in-ipo-2024-ipo-proceeds-even-as-market-declined-regionally\/\">\r\n                            THIS MORNING: UAE led GCC in IPO 2024 IPO proceeds even as market declined regionally                        <\/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\/2024\/01\/17\/uae-led-gcc-in-ipo-2024-ipo-proceeds-even-as-market-declined-regionally\/\" 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\/2024\/01\/17\/uae-led-gcc-in-ipo-2024-ipo-proceeds-even-as-market-declined-regionally\/')\">\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\/2024\/01\/17\/uae-led-gcc-in-ipo-2024-ipo-proceeds-even-as-market-declined-regionally\/\">\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=UAE led GCC in IPO 2024 IPO proceeds even as market declined regionally&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/uae-led-gcc-in-ipo-2024-ipo-proceeds-even-as-market-declined-regionally\/\">\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\/2024\/01\/17\/uae-led-gcc-in-ipo-2024-ipo-proceeds-even-as-market-declined-regionally\/&title=UAE led GCC in IPO 2024 IPO proceeds even as market declined regionally\">\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=UAE+led+GCC+in+IPO+2024+IPO+proceeds+even+as+market+declined+regionally+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fuae-led-gcc-in-ipo-2024-ipo-proceeds-even-as-market-declined-regionally%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\/2024\/01\/17\/uae-led-gcc-in-ipo-2024-ipo-proceeds-even-as-market-declined-regionally\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88048\" class=\"content-area-description single-story post-88048 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-dubai-metro tag-enterpriseam-uae tag-infrastructure tag-ipo-watch tag-real-estate tag-transportation tag-what-were-tracking-today tag-world-economic-forum 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\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.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>It\u2019s a reasonably quiet morning on the business news front here at home, with key government and private-sector players in Davos for the World Economic Forum. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Still, finance nerds have lots to consider<\/strong>, between Atlantic General\u2019s blockbuster acquisition yesterday of emerging markets infrastructure private equity giant Actis \u2014 and optimism on 2024 dealflow from top execs at Goldman Sachs and Morgan Stanley. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And it\u2019s shaping up to be a big day for our fellow tech nerds<\/strong>, with Samsung set to unveil its latest crop of flagship smartphones and plenty of news from archrival Appe. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have all of these stories and more, below. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a>  <strong>FROM DAVOS- The government\u2019s focus for the next few years is green growth and <\/strong><strong>decarbonization<\/strong>, Economy Minister Abdullah bin Touq al Marri told CNBC (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/video\/2024\/01\/16\/uae-economy-minister-speaks-about-the-latest-push-to-diversify-the-non-oil-economy.html?&qsearchterm=\" style=\"\" rel=\"noopener\">runtime 03:17<\/a>) on the sidelines of the World Economic Forum. \u201cIn a world where we\u2019re going to [see] high inflation and high interest rates, and being realistic as well on the global challenges and crises we currently live in, I think we need a different lens on looking at economic policies,\u201d he said, referencing the need to engage more with the private sector to improve ease of doing business and reducing regulatory burdens. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO FROM WEF:<\/strong><strong>The oil market could tip toward a supply crunch as early as 2025 <\/strong>as new exploration slows to the point where reserves are not discovered and brought online fast enough to meet demand, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/market-be-short-oil-2025-onwards-occidental-ceo-davos-2024-01-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> cites Occidental Petroleum CEO Vicki Hollub as saying at the gathering. Whereas in the mid-1950s to late 1970s, discoveries of oil were five times as much as the amount of oil consumed, this ratio has fallen to 25% in 2023, Hollub said, adding that the markets are not balanced in the near term. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Crude prices could trade at USD 80-85 per barrel from next year as a result<\/strong>, Hollub estimates. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong><a target=\"_blank\" href=\"https:\/\/www.almaktouminitiatives.org\/en\" style=\"\" rel=\"noopener\">Mohammed bin Rashid Al Maktoum Global Initiatives<\/a> (MBRGI) agreed to provide the UN World Food Program with AED 43 mn for direct food aid Gaza, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/mohammed-bin-rashid-al-maktoum-global-initiatives-contributes-aed43mln-to-wfp-vqi3lyom\" style=\"\" rel=\"noopener\">Zawya<\/a> reports. MBRGI signed the agreement on the sidelines of the World Economic Forum.<\/p>\n<p class=\"tag-border-left\">PUBLIC SERVICE ANNOUNCEMENT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some 54 homebuilding services will be under one roof in Dubai<\/strong> when the new Integrated Housing Center launches in February, hosting 54 residential services in Nad Al Sheba\u2019s Avenue Mall, according to a Government of Dubai Media Office <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/January\/16-01\/Hamdan-bin-Mohammed-launches#:~:text=Designed%20to%20offer%20UAE%20citizens,roof%2C%E2%80%9D%20His%20Highness%20said.\" style=\"\" rel=\"noopener\">statement<\/a>. The center will incorporate services from four government departments: <a target=\"_blank\" href=\"https:\/\/www.mbrhe.gov.ae\/en\/\" style=\"\" rel=\"noopener\">Mohammed Bin Rashid Housing Establishment<\/a>, <a target=\"_blank\" href=\"https:\/\/www.rta.ae\/\" style=\"\" rel=\"noopener\">Dubai\u2019s Roads and Transport Authority<\/a>, <a target=\"_blank\" href=\"https:\/\/www.dm.gov.ae\/\" style=\"\" rel=\"noopener\">Dubai Municipality<\/a> and <a target=\"_blank\" href=\"https:\/\/dubailand.gov.ae\/en\/\" style=\"\" rel=\"noopener\">Dubai Land<\/a>. Two private sector partners \u2014 <a target=\"_blank\" href=\"https:\/\/www.emiratesislamic.ae\/\" style=\"\" rel=\"noopener\">Emirates Islamic Bank<\/a> and <a target=\"_blank\" href=\"https:\/\/www.sobharealty.com\/\" style=\"\" rel=\"noopener\">Sobha Realty<\/a> \u2014 will also provide services to customers through the center.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a>  <strong>#1- The UAE led the GCC in IPO proceeds in 2023, raising AED 20.2 bn in seven <\/strong><strong>transactions<\/strong> that accounted for 54% of all funds raised last year, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/research-and-studies\/gcc-ipos-raise-101bln-during-fy-2023-a-decline-of-55-yoy-cbsbq1cd\" style=\"\" rel=\"noopener\">according<\/a> to Kuwait Financial Centre (Markaz).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It wasn\u2019t a great year for IPOs in the Gulf. <\/strong>The UAE\u2019s 55% y-o-y dip in IPO value last year mirrors the 55% drop in GCC proceeds. Some 45 IPOs across the region raised USD 10.1 bn (AED 37 bn) last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By market in the UAE:<\/strong> The Abu Dhabi Securities Exchange led in proceeds with USD 4.9 bn (AED 17.9 bn), followed by the Dubai Financial Market with USD 0.5 bn (AED 1.8 bn).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Top ADX IPOs of 2023: <\/strong>Adnoc Gas (AED 9.1 bn) alone made up 25% of total GCC IPO proceeds. Pure Health\u2019s AED 3.6 bn offering and Adnoc Logistics\u2019 AED 2.8 bn listing round out the top three in the UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Anti-money laundering watchdog handed out AED 249 mn in fines in 2023: <\/strong>TheExecutive Office of Anti-Money Laundering and Counter Terrorism Financing\u2019s (<a target=\"_blank\" href=\"https:\/\/amlctf.gov.ae\/\" style=\"\" rel=\"noopener\">AML\/CTF<\/a>) annual review revealed a 223% surge in the value of fines issued by the authority in the first 10 months of 2023 to some AED 246 mn, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/b15x9cx-amlctf-highlights-remarkable-progress-2023\" style=\"\" rel=\"noopener\">Wam reports<\/a>. The AML\/CFT Partnership Forum \u2014 a national public-private initiative set up to coordinate with private actors to curb money laundering \u2014 also saw its membership expand to over 50 members in 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Passenger traffic at Sharjah International Airport rose to over 15.3 mn in 2023<\/strong>, up 17.4% y-o-y, according to a <a target=\"_blank\" href=\"https:\/\/www.sharjahairport.ae\/en\/travel-traffic-at-sharjah-airport-continues-to-grow-and-achieve-new-figures-sharjah-airport-achieves-highest-performance-with-more-than-15-3-million-passengers-in-2023\/\" style=\"\" rel=\"noopener\">statement<\/a>. Air traffic increased by 12%, with more than 98k flights recorded throughout the year, the statement said. The airport handled over 141k tonnes of air cargo. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4-<\/strong><strong>Dubai Electricity and Water Authority (Dewa) extended over 364 km of fiber optic (FO) <\/strong><strong>ducts in 2023, <\/strong>bringing the total length of ducts in the emirate to nearly 4k km, up 10% y-o-y, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/13puo1c-dewa-extends-over-364-kilometres-fibre-optic-ducts\" style=\"\" rel=\"noopener\">Wam<\/a>. Dewa has injected some AED 7 bn to upgrade its FO network for its smart electricity grid, Wam adds. <\/p>\n<p class=\"tag-border-left\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>Bids are open for Dubai Metro Blue Line: <\/strong>Dubai\u2019s Road and Transport Authority (RTA) issued tender documents for the design and construction of the Dubai Metro Blue Line, valued at USD 4.9 bn, reports <a target=\"_blank\" href=\"https:\/\/www.meed.com\/rta-issues-dubai-metro-blue-line-tender\" style=\"\" rel=\"noopener\">MEED<\/a>. Six consortiums prequalified to bid for the contract after the initial tender notice last fall. They are: <\/p>\n<ul>\n<li>Hyundai Rotem, China Civil Engineering Construction Corporation, and Nippon;<\/li>\n<li>China Railway Rolling Stock Corporation, Limak Holding, and Mapa Group; <\/li>\n<li>Siemens, Samsung, Larsen & Toubro, and Wade Adams;<\/li>\n<li>Alstom, FCC, and China State Construction Engineering Corporation;<\/li>\n<li>Construcciones y Auxiliar de Ferrocarriles, China Tiesiju Civil Engineering Group, Arab Contractors;<\/li>\n<li>Hitachi and WeBuild.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Project timeline: <\/strong>Construction will kick off in 2025, with trial operations expected in 2028, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/uae\/transport\/2023\/11\/25\/dubai-metro-blue-line-where-will-it-go-and-when-will-it-open\/\" style=\"\" rel=\"noopener\">The<\/a><a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/uae\/transport\/2023\/11\/25\/dubai-metro-blue-line-where-will-it-go-and-when-will-it-open\/\" style=\"\" rel=\"noopener\">National<\/a> reported previously. Full commercial operations are scheduled to begin in 2029.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher: <\/strong>The 30-km-long metro line will see 28 trains serve 14 elevated and underground stations as part of <a target=\"_blank\" href=\"https:\/\/www.meed.com\/dubai-to-slash-journey-times-with-20-minute-city-policy\" style=\"\" rel=\"noopener\">Dubai\u2019s 20-minute city urban policy plan<\/a>. The line will accommodate some 320k passengers daily in Dubai Creek Harbour, Dubai Festival City, International City, and 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 global business press is digesting Donald Trump\u2019s <\/strong><strong>landslide win in the Iowa caucuses yesterday. <\/strong>He was always tipped to come out on top, but a much stronger than expected showing has pundits openly suggesting that <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/7c0a19fd-674b-4010-9e16-35d5bf0d12ea\" style=\"\" rel=\"noopener\">his appeal has expanded beyond his base<\/a> (at least in very white, very Republican midwestern states\u2026) and that Nikki Haley and Ron Desantis are <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/c82d551f-b5fa-44d3-9e9b-d148bc8ad0f6\" style=\"\" rel=\"noopener\">\u201crunning out of time\u201d<\/a> to stop him. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/7c0a19fd-674b-4010-9e16-35d5bf0d12ea\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/politics\/national-security\/trumps-year-as-presidential-candidateand-courtroom-defendant-85939057?mod=hp_lead_pos7\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.politico.com\/news\/2024\/01\/16\/trump-iowa-caucus-analysis-00135949\" style=\"\" rel=\"noopener\">Politico<\/a> | <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2024\/01\/17\/republican-party-trump-iowa-caucus-voters\" style=\"\" rel=\"noopener\">Axios<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/breakingviews\/economics-is-pushing-us-swing-voters-pick-trump-2024-01-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Must-read on the topic:<\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-16\/trump-s-return-to-the-white-house-looms-large-for-a-wary-world-after-iowa\" style=\"\" rel=\"noopener\">A wary world braces for Trump\u2019s return to the White House<\/a>, in Bloomberg.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>IT\u2019S A BIG DAY FOR: Tech nerds<\/strong>, as Samsung holds its Galaxy Unpacked event. Expect a new S24 line with new artificial intelligence capabilities to take center stage. Samsung faithful expecting a big redesign will be as disappointed as were iSheep this past fall with the, let\u2019s say \u201cextreme stability\u201d of Apple\u2019s iPhone design language. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want more? <\/strong>You can check out <a target=\"_blank\" href=\"https:\/\/www.samsung.com\/uk\/unpacked\/\" style=\"\" rel=\"noopener\">Samsung\u2019s Unpacked page<\/a> or head over to its <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/@Samsung\" style=\"\" rel=\"noopener\">Youtube<\/a><a target=\"_blank\" href=\"https:\/\/www.youtube.com\/@Samsung\" style=\"\" rel=\"noopener\">channel<\/a> when the event starts at 10pm UAE time tonight.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Speaking of Samsung: The company is no longer the world\u2019s largest mobile phone <\/strong><strong>maker. <\/strong>Apple, which already led the industry in terms of value, <a target=\"_blank\" href=\"https:\/\/www.businessinsider.com\/apple-iphone-overtakes-samsung-global-smarphone-shipments-market-id-data-2024-1\" style=\"\" rel=\"noopener\">has overtaken Samsung by volume<\/a> \u2014 the first time in a dozen years of heavy competition that the Cupertino company has edged out its Korean rival. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And speaking of Apple: The tech giant is going to let third-party apps in the United States <\/strong><strong>link to their developer\u2019s website to process payments <\/strong>for in-app purchases. While doing so would bypass Apple\u2019s built-in payment system, it will still ask for a percentage of the sale, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-16\/supreme-court-rejects-apple-s-request-for-epic-app-store-review?sref=mmeFTDW1\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Apple and Google face pressure from regulators around the world to open their app marketplaces to sideloading and third-party payment methods. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Curious about Apple\u2019s Vision Pro?<\/strong> With the order and delivery window coming up (for readers in the United States only), you might want to head over to The Verge not just for a Samsung recap this evening, but for <a target=\"_blank\" href=\"https:\/\/www.theverge.com\/24040075\/apple-vision-pro-hands-on-virtual-reality\" style=\"\" rel=\"noopener\">Victoria Song\u2019s take on Vision Pro after getting to spend 30 minutes hands-on with it<\/a>. Her take: \u201cI know what I saw, but I\u2019m still trying to figure out where this headset fits in real life.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Interim BP boss Murray Auchincloss will get the job permanently<\/strong>, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/005e47d0-473e-4b4a-aad7-042a363b3597\" style=\"\" rel=\"noopener\">Financial<\/a><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/005e47d0-473e-4b4a-aad7-042a363b3597\" style=\"\" rel=\"noopener\">Times<\/a> reports. Expect an announcement later today.<\/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\">HAPPENING THIS WEEK- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Australian Foreign Minister Penny Wong <\/strong><strong>will be in town<\/strong><strong> as part of a wider<\/strong><strong> regional <\/strong><strong>tour<\/strong> that will also see her visiting Jordan, Israel, and Palestine to discuss the ongoing war in Gaza, according to a <a target=\"_blank\" href=\"https:\/\/www.foreignminister.gov.au\/minister\/penny-wong\/media-release\/visit-jordan-israel-occupied-palestinian-territories-and-united-arab-emirates#:~:text=My%20visit%20to%20the,in%20the%20Middle%20East.\" style=\"\" rel=\"noopener\">statement<\/a> from the Australian Foreign Ministry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wong\u2019s visit also marks the start of negotiations for a trade agreement between the UAE <\/strong><strong>and Australia<\/strong>, the statement said. The two countries agreed <a target=\"_blank\" href=\"https:\/\/www.trademinister.gov.au\/minister\/don-farrell\/media-release\/australia-united-arab-emirates-trade-agreement?_gl=1*11u4slf*_ga*MTQyMjg3NzU5NS4xNzA1MzIwNzYy*_ga_8Z18QMQG8V*MTcwNTMyMDc2Mi4xLjEuMTcwNTMyMDc4NS4zNy4wLjA.\" style=\"\" rel=\"noopener\">last December<\/a> to launch the negotiations, aimed at boosting bilateral trade ties and bolstering Australian imports to the UAE.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.instagram.com\/adxcofficial\/?hl=en\" style=\"\" rel=\"noopener\">Abu Dhabi Extreme Championship 2<\/a><\/strong><strong> (ADXC 2) is taking place this Friday<\/strong> at the Mubadala Arena. You can get your tickets for the martial arts tournament <a target=\"_blank\" href=\"https:\/\/tickets.virginmegastore.me\/ae\/sports\/22286\/abu-dhabi-extreme-championship-2\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/dubai.worldofcoffee.org\/\" style=\"\" rel=\"noopener\">World of Coffee Dubai<\/a><\/strong><strong> kicks off on Sunday<\/strong>, 21 January at the Dubai World Trade Center, bringing together stakeholders in the UAE\u2019s coffee industry, including producers, retailers and traders. The event \u2014 which includes lectures and workshops, as well as a barista championship \u2014 runs until Tuesday, 23 January. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.iaapa.org\/events\/connections\/2024-01\/iaapa-middle-east-trade-summit-2024\" style=\"\" rel=\"noopener\">The IAAPA Middle East Trade Summit<\/a><\/strong><strong> is<\/strong><strong> set to take place from next Monday-Wednesday <\/strong>(22-24 January) on Yas Island in Abu Dhabi. The event will feature a trade connections area with 41 companies as well as sessions, events and tours.<\/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<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WE WANT TO HEAR FROM YOU<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Do you want to send us a press release, pitch us a story, or send in comments, criticism, <\/strong><strong>or suggestions? <\/strong>Email us on uae@enterprise.news and we\u2019ll be in touch directly. Feel free to pass this email on to your comms professionals or agency and ask them to reach out to us or put us on their distribution list. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- We\u2019re open to interview pitches<\/strong>, so do get in touch. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- We\u2019re happy to let you know that <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the EnterpriseAM UAE website<\/a><\/strong><strong> is now up and <\/strong><strong>running <\/strong>with 28 back issues online. We\u2019re building out functionality over the coming day or two and it should be fully up and running before the end of the week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Having trouble getting the website to open <\/strong>or clicking through to a page? Hit CMD-shift-R in your browser on a Mac or Ctrl-F5 on a PC. Do that a couple of times and you should be good to go. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/uae\/user\/NewsLetters\" style=\"\" rel=\"noopener\">Tap or click here to subscribe<\/a> and receive you own copy of EnterpriseAM UAE at 7am UAE time \u2014 available without charge thanks to the support of our friends at Mashreq. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** Do you want to be among the first readers of our upcoming KSA edition? <\/strong><a target=\"_blank\" href=\"https:\/\/ksaform.enterprise.news\/\" style=\"\" rel=\"noopener\">Tap or click<\/a><a target=\"_blank\" href=\"https:\/\/ksaform.enterprise.news\/\" style=\"\" rel=\"noopener\">here to get EnterpriseAM Saudi<\/a> on our first day later this month. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-metro\/\">Dubai Metro<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/transportation\/\">TRANSPORTATION<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/world-economic-forum\/\">World Economic Forum<\/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=\"88049\" 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=\"88049\">\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\">REAL ESTATE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/depa-bags-contracts-worth-nearly-aed-1-bn-in-dubai-and-ksa\/\">\r\n                            Depa bags contracts totaling nearly AED 1 bn in Dubai and KSA                        <\/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\/2024\/01\/17\/depa-bags-contracts-worth-nearly-aed-1-bn-in-dubai-and-ksa\/\" 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\/2024\/01\/17\/depa-bags-contracts-worth-nearly-aed-1-bn-in-dubai-and-ksa\/')\">\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\/2024\/01\/17\/depa-bags-contracts-worth-nearly-aed-1-bn-in-dubai-and-ksa\/\">\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=Depa bags contracts worth nearly AED 1 bn in Dubai and KSA&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/depa-bags-contracts-worth-nearly-aed-1-bn-in-dubai-and-ksa\/\">\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\/2024\/01\/17\/depa-bags-contracts-worth-nearly-aed-1-bn-in-dubai-and-ksa\/&title=Depa bags contracts worth nearly AED 1 bn in Dubai and KSA\">\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=Depa+bags+contracts+worth+nearly+AED+1+bn+in+Dubai+and+KSA+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fdepa-bags-contracts-worth-nearly-aed-1-bn-in-dubai-and-ksa%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\/2024\/01\/17\/depa-bags-contracts-worth-nearly-aed-1-bn-in-dubai-and-ksa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1324.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88050\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/depa-bags-contracts-worth-nearly-aed-1-bn-in-dubai-and-ksa\/1324-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1324.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1324.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1324.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1324.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88049\" class=\"content-area-description single-story post-88049 post type-post status-publish format-standard has-post-thumbnail hentry category-real-estate tag-depa tag-dubai tag-enterpriseam-uae tag-hospitality tag-nasdaq-dubai tag-real-estate tag-saudi-arabia 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\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>New KSA hospitality project + Dubai office for <\/strong><strong><a target=\"_blank\" href=\"https:\/\/depa.com\/\" style=\"\" rel=\"noopener\">Depa<\/a><\/strong><strong>:<\/strong> Nasdaq Dubai-listed interior contractor <strong><a target=\"_blank\" href=\"https:\/\/depa.com\/\" style=\"\" rel=\"noopener\">Depa<\/a><\/strong> has bagged contracts in Dubai and Saudi Arabia with a total value of AED 950 mn, according to separate market disclosures (pdfs \u2014 <a target=\"_blank\" href=\"https:\/\/depa.com\/investors\/market-announcements\/depa-secures-a-new-win-in-united-arab-emirates-for-approximately-aed-200mn\/\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/depa.com\/investors\/market-announcements\/depa-secures-new-wins-in-saudi-arabia-north-of-aed-750mn\/\" style=\"\" rel=\"noopener\">here<\/a>) out yesterday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The group is set to take on <\/strong><strong>hospitality and tourism project<\/strong><strong>s for <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.redseaglobal.com\/\" style=\"\" rel=\"noopener\">Red Sea Global<\/a><\/strong><strong>in <\/strong><strong>Saudi Arabia<\/strong>, including fit-out works for the mountain-situated Desert Rock Hotel, premier yachting destination Amaala Yacht Club, and two luxury five-star hotels also in the Amaala marine development.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The is the seventh hospitality contract Dep<\/strong><strong>a has taken from <\/strong><strong>Red Sea Global<\/strong>, with an AED 110 mn contract <a target=\"_blank\" href=\"https:\/\/depa.com\/investors\/market-announcements\/depa-secures-hospitality-project-worth-approximately-aed-110-million\/\" style=\"\" rel=\"noopener\">awarded<\/a> in August 2022 and another <a target=\"_blank\" href=\"https:\/\/depa.com\/investors\/market-announcements\/depa-secures-hospitality-projects-worth-approximately-aed-157-million\/\" style=\"\" rel=\"noopener\">AED 157 mn contract<\/a> in November of the same year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Depa has also taken an AED 200 mn fit-out contract for a high-end HQ office building <\/strong><strong>in Dubai<\/strong> by an undisclosed company.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Saudi sovereign wealth fund <a target=\"_blank\" href=\"https:\/\/www.pif.gov.sa\/en\/Pages\/Homepage.aspx\" style=\"\" rel=\"noopener\">Public Investment Fund (PIF)<\/a> purchased a 55% stake in Dubai-headquartered Depa for AED 150 mn in February 2022, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/saudi-sovereign-fund-pif-buy-controlling-stake-depa-2022-02-11\/\" style=\"\" rel=\"noopener\">Reuters<\/a> previously reported. <\/p>\n<p class=\"tag-border-left\">OTHER REAL ESTATE NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Palm Islands lead Dubai property sales: <\/strong><a target=\"_blank\" href=\"https:\/\/nakheeldevelopments.com\/\" style=\"\" rel=\"noopener\">Nakheel<\/a> \u2019s <a target=\"_blank\" href=\"https:\/\/www.palmjebelali.ae\/\" style=\"\" rel=\"noopener\">Palm Jebel Al<\/a><a target=\"_blank\" href=\"https:\/\/www.palmjebelali.ae\/\" style=\"\" rel=\"noopener\">i<\/a> and <a target=\"_blank\" href=\"https:\/\/www.nakheel.com\/en\/developments\/nakheel-collections\/palmjumeirah\" style=\"\" rel=\"noopener\">Palm Jumeirah<\/a> are leading super luxury estate sales in Dubai, with the former accounting for half of Dubai estate sales priced between AED 18-20 mn after only launching sales three months ago, reports <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/property\/dubais-two-palm-islands-are-taking-all-the-sales-action-in-villa-sales-of-dh18m-and-more-1.1705376604528\" style=\"\" rel=\"noopener\">Gulf<\/a><a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/property\/dubais-two-palm-islands-are-taking-all-the-sales-action-in-villa-sales-of-dh18m-and-more-1.1705376604528\" style=\"\" rel=\"noopener\">News<\/a>, citing data from Reidin-GCP. Palm Jumeirah, meanwhile, makes up some 32% of homes in Dubai that are valued at AED 45 mn and above. Palm Jumeirah has sold 541 villa plots, with Palm Jebel Ali trailing closely behind with a little over 500 villas sold.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- Check out our <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c7859e91-1b27-4af2-9988-e59791032e2c\" style=\"\" rel=\"noopener\">deep dive<\/a><\/strong><strong> on the rise of property prices in the UAE last year<\/strong>, and the appeal of luxury estates in Dubai in particular on the back of an influx of foreign wealth. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Majid Al Futtaim Developments launched a new Dubai luxury residential project<\/strong>, Amara, in <a target=\"_blank\" href=\"https:\/\/www.tilalalghaf.com\/en\" style=\"\" rel=\"noopener\">Tital Al Ghaf<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/majid-al-futtaim-development-advances-neighbourhood-connectivity-and-residential-luxury-with-launch-of-amara-wnprggga\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/depa\/\">Depa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/hospitality\/\">hospitality<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/nasdaq-dubai\/\">Nasdaq Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88051\" 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=\"88051\">\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\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/lulu-group-to-build-indias-biggest-shopping-mall-edge-to-invest-in-expanding-brazils-siatts-hq\/\">\r\n                            LuLu Group to build India\u2019s \u201cbiggest shopping mall\u201d with USD 483 mn investment + Edge to invest in expanding Brazil\u2019s Siatt\u2019s HQ                        <\/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\/2024\/01\/17\/lulu-group-to-build-indias-biggest-shopping-mall-edge-to-invest-in-expanding-brazils-siatts-hq\/\" 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\/2024\/01\/17\/lulu-group-to-build-indias-biggest-shopping-mall-edge-to-invest-in-expanding-brazils-siatts-hq\/')\">\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\/2024\/01\/17\/lulu-group-to-build-indias-biggest-shopping-mall-edge-to-invest-in-expanding-brazils-siatts-hq\/\">\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=LuLu Group to build India\u2019s \u201cbiggest shopping mall\u201d + Edge to invest in expanding Brazil\u2019s Siatt\u2019s HQ&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/lulu-group-to-build-indias-biggest-shopping-mall-edge-to-invest-in-expanding-brazils-siatts-hq\/\">\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\/2024\/01\/17\/lulu-group-to-build-indias-biggest-shopping-mall-edge-to-invest-in-expanding-brazils-siatts-hq\/&title=LuLu Group to build India\u2019s \u201cbiggest shopping mall\u201d + Edge to invest in expanding Brazil\u2019s Siatt\u2019s HQ\">\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=LuLu+Group+to+build+India%E2%80%99s+%E2%80%9Cbiggest+shopping+mall%E2%80%9D+%2B+Edge+to+invest+in+expanding+Brazil%E2%80%99s+Siatt%E2%80%99s+HQ+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Flulu-group-to-build-indias-biggest-shopping-mall-edge-to-invest-in-expanding-brazils-siatts-hq%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\/2024\/01\/17\/lulu-group-to-build-indias-biggest-shopping-mall-edge-to-invest-in-expanding-brazils-siatts-hq\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1361.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88052\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/lulu-group-to-build-indias-biggest-shopping-mall-edge-to-invest-in-expanding-brazils-siatts-hq\/1361-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1361.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1361.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1361.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1361.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88051\" class=\"content-area-description single-story post-88051 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-enterpriseam-uae tag-investment-watch tag-lulu-group tag-retail 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\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE retailer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.lulugroupinternational.com\/\" style=\"\" rel=\"noopener\">LuLu Group<\/a><\/strong><strong> is investing USD 483 mn (AED 1.77 bn) to build <\/strong><strong>India\u2019s<\/strong><strong> \u201cbiggest shopping mall\u201d<\/strong> in the western city of Ahmedabad, LuLu Chairman Yusuff Ali told <a target=\"_blank\" href=\"https:\/\/www.aninews.in\/news\/business\/business\/uae-based-lulu-group-readies-to-set-up-large-shopping-mall-in-ahmedabad20240110195820\/\" style=\"\" rel=\"noopener\">Asian News International<\/a> on the sidelines of the Vibrant Gujarat Global Summit in India. The mall\u2019s construction is scheduled to start later this year, according to Ali.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>One of seven LuLu malls in India: <\/strong>LuLu currently runs six other malls in the cities of Kochi, Thiruvananthapuram, Bengaluru, Lucknow, Coimbatore, and Hyderabad \u2014 the last of which is set to open at the end of January. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another one coming?<\/strong> Ali had also <a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/industry\/services\/retail\/lulu-group-to-set-up-large-shopping-mall-in-ahmedabad-chennai-yusuff-ali\/articleshow\/103580701.cms?from=mdr\" style=\"\" rel=\"noopener\">announced<\/a> plans to build another large mall in Chennai last September.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">OTHER INVESTMENT NEWS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Edge to invest in expanding Siatt\u2019s Sao Paolo base:<\/strong> Abu Dhabi-based defense conglomerate <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/\" style=\"\" rel=\"noopener\">Edge group<\/a>, which holds a 50% stake in Brazilian arms company <a target=\"_blank\" href=\"https:\/\/www.siatt.com.br\/siatt\/index.php\/en\/home\/\" style=\"\" rel=\"noopener\">Siatt<\/a>, will help expand Siatt\u2019s headquarters in Sao Paolo and boost its workforce over the next two years, according to an <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-group-announces-major-expansion-siatt-manufacturing-base-sao-paulo\" style=\"\" rel=\"noopener\">Edge press release<\/a>. The agreement came during an Edge delegation\u2019s visit to Sao Paolo. The press release did not clarify the value of the investments Edge will make in the expansion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Edge will help Siatt expand its headquarters to a 7k square meter base S\u00e3o Jos\u00e9 dos Campos city, located in the State of S\u00e3o Paulo, up from the current 1k sqm base. The HQ will help accommodate more offices, labs and production facilities, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Edge will also help the company double its workforce to 200 qualified full-time employees<\/strong>, with plans to create over 600 new indirect positions with partners and suppliers in high-tech. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Edge Group <a target=\"_blank\" href=\"https:\/\/edgegroup.ae\/news\/edge-acquires-50-stake-siatt\" style=\"\" rel=\"noopener\">acquired<\/a> the controlling stake in Siatt in September last year, building on an agreement between Edge and the Brazilian navy for advanced long-range anti-ship missile technology.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/lulu-group\/\">LuLu Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/retail\/\">retail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88053 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"88053\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/88053-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88053\" class=\"content-area-description single-story post-88053 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/801.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88054\" 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=\"88054\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/general-atlantic-to-buy-actis-signaling-that-private-equity-really-does-love-infrastructure\/\">\r\n                            General Atlantic is buying Actis, the backer of Yellow Door and Emicool                        <\/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\/2024\/01\/17\/general-atlantic-to-buy-actis-signaling-that-private-equity-really-does-love-infrastructure\/\" 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\/2024\/01\/17\/general-atlantic-to-buy-actis-signaling-that-private-equity-really-does-love-infrastructure\/')\">\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\/2024\/01\/17\/general-atlantic-to-buy-actis-signaling-that-private-equity-really-does-love-infrastructure\/\">\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=General Atlantic to buy Actis, signaling that private equity really does love infrastructure&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/general-atlantic-to-buy-actis-signaling-that-private-equity-really-does-love-infrastructure\/\">\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\/2024\/01\/17\/general-atlantic-to-buy-actis-signaling-that-private-equity-really-does-love-infrastructure\/&title=General Atlantic to buy Actis, signaling that private equity really does love infrastructure\">\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=General+Atlantic+to+buy+Actis%2C+signaling+that+private+equity+really+does+love+infrastructure+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fgeneral-atlantic-to-buy-actis-signaling-that-private-equity-really-does-love-infrastructure%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\/2024\/01\/17\/general-atlantic-to-buy-actis-signaling-that-private-equity-really-does-love-infrastructure\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1954.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88055\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/general-atlantic-to-buy-actis-signaling-that-private-equity-really-does-love-infrastructure\/1954-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1954.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1954.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1954.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1954.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88054\" class=\"content-area-description single-story post-88054 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-actis tag-asset-management tag-emicool tag-enterpriseam-uae tag-general-atlantic tag-infrastructure tag-ma-watch tag-sustainability tag-yellow-door 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\/.84f1df4a-b04c-4efc-95ad-44b8e2bfc217.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Gneral Atlantic acquires Actis to form USD 96 bn asset manager: <\/strong>US private equity firm <a target=\"_blank\" href=\"https:\/\/www.generalatlantic.com\/\" style=\"\" rel=\"noopener\">General Atlantic<\/a> has agreed to acquire London-based infrastructure giant \u2014 and longtime regional investor \u2014 <a target=\"_blank\" href=\"https:\/\/www.act.is\/\" style=\"\" rel=\"noopener\">Actis<\/a>, according to a joint <a target=\"_blank\" href=\"https:\/\/www.act.is\/2024\/01\/16\/general-atlantic-adds-sustainable-infrastructure-strategy-as-actis-joins-platform-to-create-a-96-billion-aum-diversified-global-investor\/\" style=\"\" rel=\"noopener\">statement<\/a>, which did not disclose the value of the acquisition. The move will add USD 12.5 bn worth of assets to General Atlantic\u2019s USD 83 bn portfolio to form what will now be its sustainable infrastructure arm. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Actis will retain its name, independence over investment decisions, and familiar faces at the top of the organization.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Actis has stakes in a couple of Emirati firms: <\/strong>The PE firm <a target=\"_blank\" href=\"https:\/\/www.act.is\/2022\/07\/29\/actis-agrees-to-acquire-a-controlling-stake-in-leading-mea-commercial-and-industrial-renewables-platform-yellow-door-energy\/\" style=\"\" rel=\"noopener\">bought<\/a> a controlling stake in local renewable energy developer Yellow Door Energy, and a 50% stake in district cooling company <a target=\"_blank\" href=\"https:\/\/www.act.is\/about-us\/portfolio\/emicool\/\" style=\"\" rel=\"noopener\">Emicool<\/a>, in 2022. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cAddressing the global paradigm shift toward sustainability requires an economic transformation and a capital investment on a massive scale,\u201d said Bill Ford, General Atlantic chairman and CEO. \u201cWith the addition of Actis, we are taking a significant step forward to add a sustainable investment capability which positions General Atlantic to capture this [potential] set for our investors.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Appetite for alternative assets is on the rise: <\/strong>US investment giant BlackRock agreed to acquire Global Infrastructure Partners for USD 12.5 bn last week, which would create the world\u2019s second-largest infrastructure firm.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story got global coverage:<\/strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/d64ba5ae-f6ec-4701-bca4-1a6f488427cb?accessToken=zwAGDw94Mv7wkdPWS6Wu9uxHAdO8pBpvSIQnyw.MEUCIQDVZVgGwHcrGlNjUj2iBU3phvSJ5MVmeBpM-tlSUR5INQIgSHAUgG5941R3LGTj7f2YU4epl7_dBD_XvfLo32Kl430&sharetype=gift&token=f2864f21-4abe-4b15-8dff-580c1a89b478\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/us-private-equity-firm-general-atlantic-acquire-uk-based-actis-2024-01-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/actis\/\">Actis<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/asset-management\/\">Asset management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emicool\/\">Emicool<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/general-atlantic\/\">General Atlantic<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sustainability\/\">sustainability<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/yellow-door\/\">Yellow door<\/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=\"88056\" 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=\"88056\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/uae-issued-40-of-global-sustainable-sukuk-in-2023-sp-global\/\">\r\n                            UAE issued 40% of global sustainable sukuk in 2023 \u2013S&amp;P Global                        <\/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\/2024\/01\/17\/uae-issued-40-of-global-sustainable-sukuk-in-2023-sp-global\/\" 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\/2024\/01\/17\/uae-issued-40-of-global-sustainable-sukuk-in-2023-sp-global\/')\">\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\/2024\/01\/17\/uae-issued-40-of-global-sustainable-sukuk-in-2023-sp-global\/\">\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=UAE issued 40% of global sustainable sukuk in 2023 \u2013S&#038;P Global&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/uae-issued-40-of-global-sustainable-sukuk-in-2023-sp-global\/\">\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\/2024\/01\/17\/uae-issued-40-of-global-sustainable-sukuk-in-2023-sp-global\/&title=UAE issued 40% of global sustainable sukuk in 2023 \u2013S&#038;P Global\">\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=UAE+issued+40%25+of+global+sustainable+sukuk+in+2023+%E2%80%93S%26%23038%3BP+Global+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fuae-issued-40-of-global-sustainable-sukuk-in-2023-sp-global%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\/2024\/01\/17\/uae-issued-40-of-global-sustainable-sukuk-in-2023-sp-global\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1331.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88057\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/uae-issued-40-of-global-sustainable-sukuk-in-2023-sp-global\/1331-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1331.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1331.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1331.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1331.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88056\" class=\"content-area-description single-story post-88056 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-capital-markets tag-debt-watch tag-enterpriseam-uae tag-fitch tag-sp-global tag-sukuk wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Emirati sukuk issuances made up 40% of total sustainable sukuk issuances <\/strong><strong>worldwide in 2023<\/strong>, with <a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2423976\/amp\" style=\"\" rel=\"noopener\">AED 15.45 bn green and sustainable sukuk issuances<\/a> in the first 11 months of the year, according to S&P Global\u2019s <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/ratings\/en\/research\/articles\/240115-sukuk-outlook-2024-cautiously-optimistic-12964886\" style=\"\" rel=\"noopener\">sukuk outlook 2024 report<\/a>. S&P attributed the UAE\u2019s market contribution to the hosting of COP28 in November, and the Securities and Commodities Authority\u2019s (SCA) <a target=\"_blank\" href=\"https:\/\/www.sca.gov.ae\/en\/media-center\/news\/11\/12\/2023\/green-bonds-and-sukuk-issuances-in-uae-reach-aed15-billion-sca.aspx#:~:text=The%20SCA's%20decision%20to%20exempt,of%20these%20Sukuk%20and%20bonds.%22\" style=\"\" rel=\"noopener\">decision<\/a> to waive registration fees from sustainable bonds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some AED <\/strong><strong>28<\/strong><strong>.7 bn worth of sukuk (c. USD 7.8 bn) went to market in the UAE over the first six months of 2023<\/strong>, up from the AED 24.6 bn (c. USD 6.7 bn) posted over the entire 12 months of 2022, according to the CBUAE\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/12\/1555.pdf\" style=\"\" rel=\"noopener\">Islamic Finance Report 2023 (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global sukuk issuances cooled off in 2023: <\/strong>Global sukuk issuances fell by 6.1% y-o-y to USD 168.4 bn during the year on the back of Saudi Arabia\u2019s monetary tightening measures and Indonesia\u2019s lower fiscal deficit, according to the S&P\u2019s report. However, the drop was offset by higher-value FX-denominated issuances in the UAE, Saudi Arabia and a handful of new sukuk issuers, such as the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cd0c08d3-1b95-4683-bc1c-6c238dd8e128\" style=\"\" rel=\"noopener\">Philippines<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2023\/02\/23\/egypts-debut-usd-1-5-bn-sovereign-sukuk-issuance-wraps-4x-oversubscribed-97675\/\" style=\"\" rel=\"noopener\">Egypt<\/a>, according to the report. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Local currency-denominated sukuk also fell, but not here: <\/strong>While local currency-denominated sukuk issuances declined globally by 16.8% y-o-y, they increased in the Emirates due to the government launching <a target=\"_blank\" href=\"https:\/\/mof.gov.ae\/uae-announces-launching-domestic-dirhams-islamic-treasury-sukuk-t-sukuk-with-size-of-aed-1-1-billion\/\" style=\"\" rel=\"noopener\">AED-denominated T-Sukuk<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moody\u2019s called it:<\/strong> Moody\u2019s Investors Service expected that global sukuk issuances in 2023 would fall to range between USD 150-160 bn \u201con lower volumes from major sovereign issuers, mostly reflecting an improving fiscal position across the Gulf Cooperation Council (GCC) countries and South-East Asia,\u201d the ratings agency <a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2368356\/business-economy#:~:text=RIYADH%3A%20Global%20sukuk%20issuances%20are,according%20to%20Moody's%20Investors%20Service.\" style=\"\" rel=\"noopener\">projected<\/a> last September. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Financial pressures to propel issuances in 2024:<\/strong> Issuances in the UAE are expected to increase over the upcoming years on the back of the government\u2019s efforts to grow the local capital market. The ratings agency also projects that global sukuk issuances will rebound and reach between USD 160-170 bn (AED 588-624 bn) in 2024, \u201cthanks to higher financing needs in some core Islamic finance countries and potentially easing global liquidity conditions,\u201d it said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fitch\/\">Fitch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sp-global\/\">S&amp;P Global<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sukuk\/\">Sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88058\" 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=\"88058\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/cbi-reports-14-bottomline-growth-in-2023\/\">\r\n                            CBI reports 14%bottomline growth in 2023                        <\/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\/2024\/01\/17\/cbi-reports-14-bottomline-growth-in-2023\/\" 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\/2024\/01\/17\/cbi-reports-14-bottomline-growth-in-2023\/')\">\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\/2024\/01\/17\/cbi-reports-14-bottomline-growth-in-2023\/\">\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=CBI reports 14% bottomline growth in 2023&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/cbi-reports-14-bottomline-growth-in-2023\/\">\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\/2024\/01\/17\/cbi-reports-14-bottomline-growth-in-2023\/&title=CBI reports 14% bottomline growth in 2023\">\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=CBI+reports+14%25+bottomline+growth+in+2023+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fcbi-reports-14-bottomline-growth-in-2023%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\/2024\/01\/17\/cbi-reports-14-bottomline-growth-in-2023\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1109.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88059\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/cbi-reports-14-bottomline-growth-in-2023\/1109-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1109.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1109.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1109.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1109.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88058\" class=\"content-area-description single-story post-88058 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-commercial-bank-international tag-earnings tag-earnings-watch tag-enterpriseam-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Commercial Bank International (CBI) saw its net income climb 14% y-o-y to AED 171 mn<\/strong>in 2023, up from the AED 150 mn recorded in FY2022, according to the bank\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/1071.pdf\" style=\"\" rel=\"noopener\">annual financial statements<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/1071.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. CBI\u2019s top line rose 108% y-o-y to AED 174.3 mn in 2023, up from AED 83.7 mn in 2022. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Assets inched down, while deposits inched up:<\/strong> The lender\u2019s total assets declined 10.4% y-o-y to AED 18.97 bn last year. Meanwhile, the bank saw customer deposits grow to AED 12.6 bn during FY2023, recording a 3% y-o-y increase from AED 12.2 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cBy strongly focusing on our client relationships, whilst simultaneously pursuing innovative ways of working, we have been able to deliver solid results in 2023,\u201d CBI CEO Ali Al Amri said <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/1078.pdf\" style=\"\" rel=\"noopener\">in a statement (pdf)<\/a>. \u201cAs our customers\u2019 needs evolve in the year ahead, we will continue to push the boundaries of our services and ultimately, our customer experience,\u201d he added.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/commercial-bank-international\/\">Commercial Bank International<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/earnings\/\">earnings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/earnings-watch\/\">EARNINGS 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=\"88060\" 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=\"88060\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/national-media-office-gets-new-chairman\/\">\r\n                            Abdulla bin Mohammed Al Hamed appointed as National Media Office chair                        <\/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\/2024\/01\/17\/national-media-office-gets-new-chairman\/\" 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\/2024\/01\/17\/national-media-office-gets-new-chairman\/')\">\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\/2024\/01\/17\/national-media-office-gets-new-chairman\/\">\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=National Media Office gets new chairman&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/national-media-office-gets-new-chairman\/\">\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\/2024\/01\/17\/national-media-office-gets-new-chairman\/&title=National Media Office gets new chairman\">\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=National+Media+Office+gets+new+chairman+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fnational-media-office-gets-new-chairman%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\/2024\/01\/17\/national-media-office-gets-new-chairman\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1305.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88061\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/national-media-office-gets-new-chairman\/1305-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1305.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1305.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1305.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1305.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88060\" class=\"content-area-description single-story post-88060 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-abdulla-bin-mohammed-al-hamed tag-abu-dhabi tag-appointment tag-chairman tag-enterpriseam-uae tag-moves tag-national-media-office tag-nmo 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\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>NMO gets a new chair: <\/strong>Abdulla bin Mohammed Al Hamed will serve as chairman of the <a target=\"_blank\" href=\"https:\/\/u.ae\/en\/media\/media-in-the-uae\/media-regulation#:~:text=The%20National%20Media,media%20leadership%20skills.\" style=\"\" rel=\"noopener\">recently inaugurated<\/a><a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/topic\/national-media-office\/\" style=\"\" rel=\"noopener\">National Media Office (NMO)<\/a>, as per a federal decree issued on Tuesday by President Al Nahyan, reports state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/13puo1n-uae-president-issues-federal-decree-appointing\" style=\"\" rel=\"noopener\">Wam<\/a>. Al Hamed holds the rank of minister.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the NMO: <\/strong>The Abu Dhabi-based federal unit is responsible for developing the national media sector. Its duties include training and developing Emirati media talent, appointing official spokespeople, and representing the UAE at media conferences and events.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/abdulla-bin-mohammed-al-hamed\/\">Abdulla bin Mohammed Al Hamed<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/appointment\/\">Appointment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/chairman\/\">Chairman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/national-media-office\/\">National Media Office<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/nmo\/\">NMO<\/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=\"88062\" 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=\"88062\">\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\">TRENDING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/uae-in-davos-and-mancini-meme-trending-in-x-land\/\">\r\n                            UAE in Davos and Mancini meme trending in X-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\/2024\/01\/17\/uae-in-davos-and-mancini-meme-trending-in-x-land\/\" 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\/2024\/01\/17\/uae-in-davos-and-mancini-meme-trending-in-x-land\/')\">\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\/2024\/01\/17\/uae-in-davos-and-mancini-meme-trending-in-x-land\/\">\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=UAE in Davos and Mancini meme trending in X-land&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/uae-in-davos-and-mancini-meme-trending-in-x-land\/\">\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\/2024\/01\/17\/uae-in-davos-and-mancini-meme-trending-in-x-land\/&title=UAE in Davos and Mancini meme trending in X-land\">\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=UAE+in+Davos+and+Mancini+meme+trending+in+X-land+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fuae-in-davos-and-mancini-meme-trending-in-x-land%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\/2024\/01\/17\/uae-in-davos-and-mancini-meme-trending-in-x-land\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1382.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88063\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/uae-in-davos-and-mancini-meme-trending-in-x-land\/1382-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1382.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1382.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1382.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1382.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88062\" class=\"content-area-description single-story post-88062 post type-post status-publish format-standard has-post-thumbnail hentry category-trending tag-enterpriseam-uae tag-iran tag-sport tag-trending tag-world-economic-forum 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\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Top of the trendlist yesterday<\/strong> was <a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%23%D8%A7%D9%84%D8%A7%D9%85%D8%A7%D8%B1%D8%A7%D8%AA_%D9%81%D9%8A_%D8%AF%D8%A7%D9%81%D9%88%D8%B3&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">#\u0627\u0644\u0627\u0645\u0627\u0631\u0627\u062a_\u0641\u064a_\u062f\u0627\u0641\u0648\u0633<\/a> (UAE in Davos), tracking the developments from the World Economic Forum, in Davos. Followed closely by <a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=Iran&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">#Iran<\/a>, in light of recent escalations on the border of Pakistan.<\/p>\n<p><strong>In more sporting news<\/strong>, we have <a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%23%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D9%87_%D8%B9%D9%85%D8%A7%D9%86&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">#\u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0647_\u0639\u0645\u0627\u0646<\/a> (Saudi Arabia v Oman) following some VAR drama, and a match that saw Saudi Arabia come back from an early goal to secure a 2-1 victory. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">!_InsertUAESponsorBlock_!<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sport\/\">Sport<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/world-economic-forum\/\">World Economic Forum<\/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=\"88064\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n    <div class=\"issue-sponsor-slides-div\">\r\n        \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43010.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/20607.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43009.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/hap.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/20617.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>From OUR FAMILY to YOURS<\/span>\r\n                <\/div>\r\n            <\/div>\r\n                <\/div>\r\n    <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88065\" 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=\"88065\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/adcb-to-set-up-shop-in-ksa-dubai-billboards-for-saudi-emirati-jv\/\">\r\n                            ADCB to set up shop in KSA + Dubai billboards for Saudi-Emirati JV. PLUS: A mixed bag of news                        <\/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\/2024\/01\/17\/adcb-to-set-up-shop-in-ksa-dubai-billboards-for-saudi-emirati-jv\/\" 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\/2024\/01\/17\/adcb-to-set-up-shop-in-ksa-dubai-billboards-for-saudi-emirati-jv\/')\">\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\/2024\/01\/17\/adcb-to-set-up-shop-in-ksa-dubai-billboards-for-saudi-emirati-jv\/\">\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=ADCB to set up shop in KSA + Dubai billboards for Saudi-Emirati JV&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/adcb-to-set-up-shop-in-ksa-dubai-billboards-for-saudi-emirati-jv\/\">\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\/2024\/01\/17\/adcb-to-set-up-shop-in-ksa-dubai-billboards-for-saudi-emirati-jv\/&title=ADCB to set up shop in KSA + Dubai billboards for Saudi-Emirati JV\">\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=ADCB+to+set+up+shop+in+KSA+%2B+Dubai+billboards+for+Saudi-Emirati+JV+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fadcb-to-set-up-shop-in-ksa-dubai-billboards-for-saudi-emirati-jv%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\/2024\/01\/17\/adcb-to-set-up-shop-in-ksa-dubai-billboards-for-saudi-emirati-jv\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1380.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88066\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/adcb-to-set-up-shop-in-ksa-dubai-billboards-for-saudi-emirati-jv\/1380-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1380.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1380.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1380.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1380.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88065\" class=\"content-area-description single-story post-88065 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-abu-dhabi tag-abu-dhabi-commercial-bank tag-advertising tag-also-on-our-radar tag-aviation tag-climate tag-crypto tag-debt tag-du tag-dubai tag-dubai-islamic-bank tag-emirates tag-energy tag-enterpriseam-uae tag-fab tag-finance tag-fintech tag-telecoms tag-wizz-air 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\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> <strong>FINANCE<\/strong>-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Abu Dhabi Commercial Bank is launching operations in Saudi Arabia, <\/strong>after getting the regulatory greenlight from the Kingdom yesterday, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2029971#:~:text=%D8%A7%D9%84%D9%85%D9%88%D8%A7%D9%81%D9%82%D8%A9%20%D8%B9%D9%84%D9%89%20%D8%A7%D9%84%D8%AA%D8%B1%D8%AE%D9%8A%D8%B5%20%D9%84%D8%A8%D9%86%D9%83%20%D8%A3%D8%A8%D9%88%D8%B8%D8%A8%D9%8A%20%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%20%D8%A8%D9%81%D8%AA%D8%AD%20%D9%81%D8%B1%D8%B9%20%D9%84%D9%87%20%D9%84%D9%85%D8%B2%D8%A7%D9%88%D9%84%D8%A9%20%D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84%20%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81%D9%8A%D8%A9%20%D9%81%D9%8A%20%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83%D8%A9.\" style=\"\" rel=\"noopener\">Saudi Press Agency (SPA)<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Investment Corporation of Dubai wants to go by its acronym ICD after a company <\/strong><strong>rebrand<\/strong>, which sees it adopt a new logo, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/investment-corporation-of-dubai-reveals-new-visual-identity-t7m8yiqp\" style=\"\" rel=\"noopener\">press release<\/a>. The principal investment arm of the Dubai government also moved its HQ to One Za\u2019abeel as part of the rebrand.<\/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\">ADVERTISING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi-Emirati JV lands billboard contract from RTA: <\/strong>Dubai\u2019s Roads and Transport Authority (RTA) has awarded an SAR 534 mn contract to a Saudi-Emirati joint venture to install, operate, and maintain 294 advertising billboards in Dubai, according to <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lY_fboIwFMafxQdYetBQ2GUdGbKggviXG1NLh02EklLI3NMPxG3RzcU1vTjny-985zsoRmsU57QWKdVC5vTQ9JsYb02CoT-yYQqj-RNgiFy8mNuG08dodQnYYxdDOCHhtG-Z4C4Bxf-ahygwIXwOxgMfZuACvm8ebjxyx_74EpmSR6tJ8DJ0PZ8MbGxdA7-ceLXk5w0n4I-Q7RXWzZiegVaKl7JSjKNZyjXJc1nljGc8174otUM1RSGjbM99XvNDQFOOonYtTWpRSlW2FNo8GK1Wcqalcgov-VKO2U4e0KatCyWTiun5seCdoGVjf66LxjgS701nQGdFFdt3rPEJTKpsx5WzO0uvSmbfDrSNztrg56ltF0HzNx2d3DouaSYCroRsQqIiWyzWILzteDgx68ufkl7vA9n5cH4!\/dz\/d5\/L0lHSklna0tDbEVKSUtJS1VRb2dwUkEhIS9vSHdRQUVNSUFBQ0VFaGdDS000emxHWUVLVWxTVUtXdEcwWVdnQSEhLzRKQ2lqc1lwTWhUalVFNWxFbXQyVXR0TlF6VzdLVzFtbzVBIS9aN181QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURRNi9aNl81QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURJMy9jb21wYW55U3ltYm9sLzQwNzEvZ2xvYmFsL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzc3ODU4\/\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lY_fboIwFMafxQdYetBQ2GUdGbKggviXG1NLh02EklLI3NMPxG3RzcU1vTjny-985zsoRmsU57QWKdVC5vTQ9JsYb02CoT-yYQqj-RNgiFy8mNuG08dodQnYYxdDOCHhtG-Z4C4Bxf-ahygwIXwOxgMfZuACvm8ebjxyx_74EpmSR6tJ8DJ0PZ8MbGxdA7-ceLXk5w0n4I-Q7RXWzZiegVaKl7JSjKNZyjXJc1nljGc8174otUM1RSGjbM99XvNDQFOOonYtTWpRSlW2FNo8GK1Wcqalcgov-VKO2U4e0KatCyWTiun5seCdoGVjf66LxjgS701nQGdFFdt3rPEJTKpsx5WzO0uvSmbfDrSNztrg56ltF0HzNx2d3DouaSYCroRsQqIiWyzWILzteDgx68ufkl7vA9n5cH4!\/dz\/d5\/L0lHSklna0tDbEVKSUtJS1VRb2dwUkEhIS9vSHdRQUVNSUFBQ0VFaGdDS000emxHWUVLVWxTVUtXdEcwWVdnQSEhLzRKQ2lqc1lwTWhUalVFNWxFbXQyVXR0TlF6VzdLVzFtbzVBIS9aN181QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURRNi9aNl81QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURJMy9jb21wYW55U3ltYm9sLzQwNzEvZ2xvYmFsL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzc3ODU4\/\" style=\"\" rel=\"noopener\">a Tadawul regulatory filing<\/a>. The contract runs for 10 years and five months. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the JV: <\/strong>Saudi advertising firm <a target=\"_blank\" href=\"http:\/\/al-arabia.com\" style=\"\" rel=\"noopener\">Arabian Contracting Service<\/a> subsidiary Al Arabia Out of Home Advertising holds a 60% stake in the JV, while Saudi-based Mawaqie owns a 10% stake, and the rest of the shares are owned by an undisclosed Emirati company.<\/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\"> CRYPTO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global crypto exchange OKX to set up shop in Dubai: <\/strong>Cryptocurrency exchange OKX\u2019s Dubai-based subsidiary, <a target=\"_blank\" href=\"https:\/\/www.okx.com\/\" style=\"\" rel=\"noopener\">OKX<\/a> Middle East Fintech, can now offer trading services to retail and institutional clients in the UAE after securing a virtual asset service provider from the <a target=\"_blank\" href=\"https:\/\/www.vara.ae\/en\/\" style=\"\" rel=\"noopener\">Virtual Assets Regulatory Authority<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.okx.com\/learn\/okx-granted-vasp-license-in-dubai\" style=\"\" rel=\"noopener\">press release<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Operations to launch in a few weeks:<\/strong> OKX is working on regulatory requirements and expects to launch operations over the next few weeks, MENA general manager Rifad Mahasneh told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/crypto-exchange-okx-secures-dubai-licence-target-retail-clients-2024-01-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Dubai is becoming a crypto haven <\/strong>for exchanges including <a target=\"_blank\" href=\"https:\/\/toko.network\/vara-license\/\" style=\"\" rel=\"noopener\">Toko<\/a> and <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/backpack-announces-launch-of-cryptocurrency-exchange-backpack-exchange-receives-approval-for-vasp-license-from-the-dubai-virtual-asset-regulatory-authority-301972208.html\" style=\"\" rel=\"noopener\">Trek Labs<\/a><a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/backpack-announces-launch-of-cryptocurrency-exchange-backpack-exchange-receives-approval-for-vasp-license-from-the-dubai-virtual-asset-regulatory-authority-301972208.html\" style=\"\" rel=\"noopener\">Backpack<\/a>, which set up shop in the emirate last year, following in the footsteps of the world\u2019s largest cryptocurrency exchange, Binance, in <a target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/blog\/ecosystem\/binance-is-the-first-virtual-asset-exchange-to-receive-an-operational-mvp-license-in-dubai-7342057061995039467\" style=\"\" rel=\"noopener\">2022<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> ENERGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dewa has kicked off operational testing for the fourth phase of its AED 1.1 bn, 829 <\/strong><strong>MW power plant in Al <\/strong><strong>Aweer (H-Station<\/strong>), <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/b16ion4-dewa-starts-operational-testing-4th-phase\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Testing involves the initial operation of turbines and power generators, as well as connection to the power grid. A consortium made up of <a target=\"_blank\" href=\"https:\/\/www.siemens-energy.com\/global\/en\/home.html\" style=\"\" rel=\"noopener\">Siemens Energy<\/a> and <a target=\"_blank\" href=\"https:\/\/elsewedypower.com\/\" style=\"\" rel=\"noopener\">Elsewedy Power<\/a> is implementing the project, while other local and regional companies are also contributing to the project. The project is expected to be completed in 2Q 2024, Saeed Al Tayer, Managing Director and CEO of DEWA, said. <\/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\"> TELECOMS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.du.ae\/personal\" style=\"\" rel=\"noopener\">Du<\/a><\/strong><strong> and global satellite service provider <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.intelsat.com\/\" style=\"\" rel=\"noopener\">Intelsat<\/a><\/strong><strong> inked an agreement to expand <\/strong><strong>cellular connectivity nationwide <\/strong>with Intelsat\u2019s IS-39 satellite fleet,particularly in remote areas, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/du-teams-up-with-intelsat-to-enhance-cellular-connectivity-in-remote-areas-across-the-uae-vb5oa6jr\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Old friends:<\/strong> Du recruited the services of Intelsat in a regional first back in <a target=\"_blank\" href=\"https:\/\/www.du.ae\/about\/media-centre\/newsdetail\/du-brings-Intelsat-MCPC-to-the-region-for-the-first-time\" style=\"\" rel=\"noopener\">2011<\/a> to use Intelsat\u2019s turnkey multi-channel per carrier (MCPC).<\/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\"> DEBT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.omantel.om\/About%20us\" style=\"\" rel=\"noopener\">Oman Telecommunication Company\u2019s (Omantel)<\/a><\/strong><strong> tapped <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dib.ae\/\" style=\"\" rel=\"noopener\">Dubai Islamic Bank<\/a><\/strong><strong> and<\/strong><strong><a target=\"_blank\" href=\"http:\/\/www.bankfab.com\/en-ae\/personal\" style=\"\" rel=\"noopener\">First Abu Dhabi Bank<\/a><\/strong><strong> as joint bookrunners on its <\/strong><strong>first Islamic bond,<\/strong> which was put on hold in October due to outstanding debts, <a target=\"_blank\" href=\"https:\/\/www.nasdaq.com\/articles\/omantel-hires-banks-for-7-year-debut-sukuk-ifr\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing an IFR report. Omantel\u2019s 7-year USD-denominated sukuk will also see Bank ABC, Bank Muscat, and Standard Chartered Bank act as joint bookrunners, while Citigroup and JPMorgan will serve as joint global coordinators and bookrunners.<\/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\"> CLIMATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mastercard partners with CarbonSifr to boost climate action for SMEs: <\/strong>Mastercardand local climate tech firm <a target=\"_blank\" href=\"https:\/\/carbonsifr.com\/\" style=\"\" rel=\"noopener\">CarbonSifr<\/a> will work to support SMEs with climate awareness, carbon footprint measurement initiatives as well as embedding climate action into their payment processes, according to a <a target=\"_blank\" href=\"https:\/\/www.mastercard.com\/news\/eemea\/en\/newsroom\/press-releases\/press-releases\/en\/2024\/january\/mastercard-partners-with-carbonsifr-to-advance-climate-action-in-mena-region\/\" style=\"\" rel=\"noopener\">press release<\/a>. The partnership will also see CarbonSift join Mastercard\u2019s initiative to plant 100 mn trees worldwide in order to combat climate change.<\/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>Global multi-asset fintech LSE-listed firm<\/strong><strong>Plus500 will now operate in the Dubai<\/strong><strong>International Financial Centre (DIFC) <\/strong>through its subsidiary, Plus500AE, after getting regulatory approval from the Dubai Financial Services Authority (DFSA), according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/plus500-secures-regulatory-licence-and-strengthens-its-strategic-expansion-in-uae-o7e1nhlo\" style=\"\" rel=\"noopener\">press release<\/a>. The license will allow Plus500 to localize its services to Emirati clients, and provide them with additional benefits. <\/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\">WOMEN IN THE WORKPLACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Women professionals can now access jobs in sectors including banking, fintech, and IT <\/strong><strong>through the UAE's first women-only job portal<\/strong>, Women First Jobs, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/women-first-jobs-uaes-first-women-only-job-portal-launches-to-empower-women-in-the-workforce-hjtnbhn6\" style=\"\" rel=\"noopener\">press release<\/a>. Founded by CEO Priyanka Sengar, the platform caters to senior-level positions, as well as roles in junior and middle management. <\/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\">TRANSPORTATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Upcoming bus service links Sharjah to Oman: <\/strong>The Sharjah Executive Council (SEC) greenlit the launch of a new bus service between Sharjah and Oman, <a target=\"_blank\" href=\"https:\/\/gulfbusiness.com\/transport-service-between-sharjah-oman-gets-nod\/\" style=\"\" rel=\"noopener\">Gulf Business<\/a> reports. Daily trips will run between Al Jubail Station in Sharjah and Al Azaiba Bus Station in Muscat.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>Mwasalat resumed bus services from Muscat to Abu Dhabi in October to promote easier travel between Oman and the UAE. The bus route starts in Muscat, travels to Abu Dhabi, and returns through Al Ain.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/abu-dhabi\/\">Abu Dhabi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/abu-dhabi-commercial-bank\/\">Abu Dhabi Commercial Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/advertising\/\">advertising<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/climate\/\">climate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/crypto\/\">CRYPTO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/du\/\">du<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-islamic-bank\/\">Dubai Islamic Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates\/\">Emirates<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fab\/\">FAB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/finance\/\">Finance<\/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\/telecoms\/\">telecoms<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/wizz-air\/\">Wizz Air<\/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=\"88067\" 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=\"88067\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/panmure-gordeon-and-liberum-join-forces-to-create-the-uks-largest-independent-broker\/\">\r\n                            Panmure Gordeon and Liberum join forces to create the UK\u2019s largest independent broker                        <\/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\/2024\/01\/17\/panmure-gordeon-and-liberum-join-forces-to-create-the-uks-largest-independent-broker\/\" 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\/2024\/01\/17\/panmure-gordeon-and-liberum-join-forces-to-create-the-uks-largest-independent-broker\/')\">\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\/2024\/01\/17\/panmure-gordeon-and-liberum-join-forces-to-create-the-uks-largest-independent-broker\/\">\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=Panmure Gordeon and Liberum join forces to create the UK\u2019s largest independent broker&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/panmure-gordeon-and-liberum-join-forces-to-create-the-uks-largest-independent-broker\/\">\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\/2024\/01\/17\/panmure-gordeon-and-liberum-join-forces-to-create-the-uks-largest-independent-broker\/&title=Panmure Gordeon and Liberum join forces to create the UK\u2019s largest independent broker\">\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=Panmure+Gordeon+and+Liberum+join+forces+to+create+the+UK%E2%80%99s+largest+independent+broker+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fpanmure-gordeon-and-liberum-join-forces-to-create-the-uks-largest-independent-broker%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\/2024\/01\/17\/panmure-gordeon-and-liberum-join-forces-to-create-the-uks-largest-independent-broker\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1348.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88068\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/panmure-gordeon-and-liberum-join-forces-to-create-the-uks-largest-independent-broker\/1348-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1348.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1348.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1348.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1348.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88067\" class=\"content-area-description single-story post-88067 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam-uae tag-financial-markets 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\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>London brokers Panmure Gordon and Liberum are merging to create the largest advisor <\/strong><strong>to London-listed companies<\/strong>, the two <a target=\"_blank\" href=\"https:\/\/panmure.com\/insights\/panmure-gordon-and-liberum-to-merge-to-create-the-uks-largest-independent-investment-bank\/\" style=\"\" rel=\"noopener\">said in a joint statement yesterday<\/a>. The all-stock transaction will also see Panmure Liberum become the largest advisor to UK-quoted investment funds. The transaction makes Panmure Liberum the top player by volume in the under GBP 1 bn IPO market over the past five years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The transaction comes as brokers struggle with dealflow as the IPO market in London <\/strong><strong>remains stagnant<\/strong>, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b872d865-8f66-47a5-a5e5-1c7cb62a59b4#post-a95354b1-3ba1-429d-915e-dc633eef65de\" style=\"\" rel=\"noopener\">Financial Times<\/a> notes. Panmure boss Rich Ricci (pictured above) will lead the merged entity while Liberum founder Shane Le Prevost will be non-executive chairman.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH NOTING- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Goldman Sachs and Morgan Stanley are reporting their <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/56a44080-7c7b-416a-849f-00695c4d6f55\" style=\"\" rel=\"noopener\">lowest profits in four years<\/a><\/strong>after a slow 2023 for investment bankers weighed on earnings. Blame depressed M&A dealflow and anemic IPO execution.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But, but, but\u2026 <\/strong>Top execs at both banks said on earnings calls that they\u2019re seeing signs that corporate appetite to raise capital, do M&As, and go public is on the rise, with both Morgan CFO Sharon Yeshaya and Goldman CEO David Solomon pointing to growing pipelines of transactions. \u201cI\u2019m pretty optimistic,\u201d Solomon said on his results call. \u201cI\u2019m not going to say it\u2019s running back to 10-year averages right away, but it has materially improved.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Elon Musk wants more shares of Tesla to stick around and help the carmaker tackle <\/strong><strong>AI. <\/strong>Tesla CEO Elon Musk <a target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1746999488252703098\" style=\"\" rel=\"noopener\">said<\/a> he would be willing to grow the EV maker into an AI and robotics leader only if he has at least 25% voting control \u2014 roughly double his current c.13% stake. He <a target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1747035106257023362\" style=\"\" rel=\"noopener\">added<\/a> in a later post that having a voting power of 15% or lower \u201cmakes a takeover by dubious interests too easy.\u201d (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/musk-seeks-25-voting-share-tesla-2024-01-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It would be a shame if something were to happen to your nice company, fellas\u2026<\/strong> Don\u2019t give him the shares? Elon will look to build new things outside Tesla, he warned. \u201cUnless that is the case, I would prefer to build products outside of Tesla,\u201d he wrote on X. Musk is basically asking Tesla to give him the bns of USD he spent on his ill-fated acquisition of Twitter \u2014 and then some. <\/p>\n<p><a target=\"_blank\" id=\"t.beefce727895f03a7fc0c70e127ce0d52b9bb07e\" 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-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,761<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.2% (YTD: +1.9%)<\/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>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\">4,082<\/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\">-0.46% (YTD: 0.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">3857<\/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\">-0.9% (YTD: +0.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-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\">5.1% 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\">5.1% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">12,077<\/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: 0.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\"> 26,938<\/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\">2.6% (YTD: 8.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">4,766<\/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: -0.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">7,558<\/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: -2.3%)<\/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\">4,447<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.2% (YTD: -1.7%)<\/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 78.29<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-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 2.84<\/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\">-2.0%<\/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>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 2,030.20<\/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%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 43,447.92<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.7% (YTD: +2.9%)<\/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 fell 0.2% yesterday<\/strong> on turnover of AED 1.30 bn. The index is up 1.9% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Al Khaleej Investment (+14.9%), Commercial Bank International (+6.1%) and American Restaurants (+3.7%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Abu Dhabi National Co. for Building Materials (-9.9%), Ins. House (-8.4%) and Hayah Ins. (-8.3%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The DFM closed down 0.46%<\/strong> and is up 0.56% YTD, while the Nasdaq Dubai closed down 0.91%. The index is up 0.39% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are mixed in early trading this morning<\/strong> ahead of the release today of Chinese economic data and after all three major Us indexes closed Tuesday in the red. Futures point to a weak opening in Europe and on Wall Street later this morning. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">!_Subhed_! <strong>CORPORATE ACTIONS- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ON THE DFM-<\/strong> The <strong><a target=\"_blank\" href=\"https:\/\/www.dfm.ae\/the-exchange\/news-disclosures\/disclosures\/d8a6927e-3ae9-4e6a-8434-ccac6f98629c\" style=\"\" rel=\"noopener\">International Financial Advisors Holding Company<\/a><\/strong> and <strong><a target=\"_blank\" href=\"https:\/\/www.dfm.ae\/the-exchange\/news-disclosures\/disclosures\/1e6c66ec-2430-4896-86d0-72e95b8e28f3\" style=\"\" rel=\"noopener\">Al Mazaya<\/a><\/strong>report that they have both received the green light from the Capital Market Authority to buy and sell their owns shares through six-month treasury programs. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88069\" 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=\"88069\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/were-doing-well-on-future-proofing\/\">\r\n                            UAE ranks 23rd globally in Newsweek\u2019s Future Possibilities Index                        <\/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\/2024\/01\/17\/were-doing-well-on-future-proofing\/\" 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\/2024\/01\/17\/were-doing-well-on-future-proofing\/')\">\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\/2024\/01\/17\/were-doing-well-on-future-proofing\/\">\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=We\u2019re doing well on future proofing&url=https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/were-doing-well-on-future-proofing\/\">\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\/2024\/01\/17\/were-doing-well-on-future-proofing\/&title=We\u2019re doing well on future proofing\">\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=We%E2%80%99re+doing+well+on+future+proofing+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F01%2F17%2Fwere-doing-well-on-future-proofing%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\/2024\/01\/17\/were-doing-well-on-future-proofing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1314.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88070\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/17\/were-doing-well-on-future-proofing\/1314-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1314.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1314.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1314.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1314.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88069\" class=\"content-area-description single-story post-88069 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-ai tag-enterpriseam-uae tag-ict tag-on-your-way-out 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\/.0e09e29b-b843-4fd1-87fa-9161bc496ded.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The UAE is the most \u201cfuture-ready\u201d country in the region<\/strong> according to Newsweek\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/1256.pdf\" style=\"\" rel=\"noopener\">Futures Possibilities Index (pdf)<\/a>, which ranked it 23rd globally. The report launched at the UAE pavilion during the World Economic Forum in Davos, Switzerland, on Monday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it works:<\/strong> The FPI uses a combination of primary and secondary research, including a survey of 5k execs, to evaluate how 70 countries are prepared to capture six \u201ctransformational\u201d business trends based on government strategy and policy, industry strength, and core capacity over the next 5-10 years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Leading in government strategy and core capacity<\/strong><strong>:<\/strong>The UAE ranked first globally in creating a future-oriented strategic and policy environment, noting the country\u2019s preparedness through initiatives like <a target=\"_blank\" href=\"https:\/\/www.moca.gov.ae\/en\/area-of-focus\/centennial-lab\" style=\"\" rel=\"noopener\">Centennial Lab<\/a>, and innovation hubs like <a target=\"_blank\" href=\"https:\/\/www.g42.ai\/\" style=\"\" rel=\"noopener\">G42<\/a>. The country secured the ninth position in overall core capacity, claiming the top spot in six key strengths: providing flexible employment, attracting and retaining talent, and excelling in rapid ICT connectivity, mobile broadband, internet usage, and responsive governance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the six transformational trends<\/strong>,the UAE was fifth globally under the wellbeing economy trend, 10th in exabyte economy, and eighth in circular economy with initiatives like the <a target=\"_blank\" href=\"https:\/\/u.ae\/en\/about-the-uae\/strategies-initiatives-and-awards\/policies\/economy\/uae-circular-economy-policy\" style=\"\" rel=\"noopener\">circular economy strategy<\/a>. It also claimed ninth spot in biogrowth economy rankings, which track advanced nature and science-led technologies, 13th place in experience economy, and 19th in net zero economy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What the UAE needs to focus on<\/strong><strong>:<\/strong>The country should invest more in R&D, especially in green hydrogen, solar, and nuclear capacity, and promote collaboration between universities and industries, the report reads. The UAE could also do more to attract more purpose-driven companies, leverage its flexible talent pool, as well as boost its export capacity to seize more global opportunities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More on the FPI: <\/strong>The report was born out of a 2023 partnership with the UAE government, <a target=\"_blank\" href=\"https:\/\/www.newsweek.com\/topic\/vantage\" style=\"\" rel=\"noopener\">Newsweek Vantage International<\/a>, and insight agency <a target=\"_blank\" href=\"https:\/\/www.horizon-group.ch\/\" style=\"\" rel=\"noopener\">Swiss Horizon Group<\/a>. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ict\/\">ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/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=\"88071\" 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\/2024\/01\/17\/88071-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88071\" class=\"content-area-description single-story post-88071 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;\">Due to the length of this morning\u2019s issue, our Calendar appears only on the web.<\/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;\">16-18 January (Tuesday-Thursday): Light + Intelligent Building 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:400;\">16-18 January (Tuesday-Thursday): iFX EXPO Dubai 2024, 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;\">16-20 January (Tuesday-Saturday): The Sharjah Real Estate Exhibition, Expo Centre Sharjah. <\/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. <\/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 (Sunday-Tuesday): 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>22-24 January (Monday- <\/span><span>Wednesday<\/span><span>)<\/span><span style=\"font-weight:700\">:<\/span><span style=\"font-weight:400;\"> IAAPA Middle East Trade Summit, Yas Island in 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;\">23-25 January (Tuesday-Thursday): The Unmanned Systems Exhibition (UMEX) and the Simulation and Training Exhibition (SimTEX), Abu Dhabi National Exhibition Centre (ADNEC), Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26-28 January (Friday-Sunday): Dubai Challenge Cup, Al Maktoum Stadium, 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;\">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;\">1 February (Thursday): New amendments banning trucks weighing over 65 tonnes to take effect. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2-4 February (Friday-Sunday): Sharjah Classic Cars 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;\">9 February (Friday): Abu Dhabi International Airport to be renamed to Zayed International Airport.<\/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;\">26-29 February (Monday-Thursday): 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: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: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;\">2-4 June (Sunday-Tuesday): The World Air Transport Summit and International Air Transport Association (IATA)\u2019s annual general meeting, Dubai.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4-6 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:400;\">28-30 September (Saturday-Monday): World Association of Nuclear Operators (WANO) Biennial General Meeting, 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\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>Depa gets AED 1 bn contracts in Dubai, KSA | New India mall from LuLu | General Atlantic is buying Actis<\/p>\n","protected":false},"featured_media":88047,"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-88046","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"8a653183-f0af-4859-861d-52b22e8c5842","teaser":"Depa gets AED 1 bn contracts in Dubai, KSA | New India mall from LuLu | General Atlantic is buying Actis","photo_url":"https:\/\/ent.news\/2024\/1\/1440.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Finance and tech are the big stories on a reasonably quiet winter morning - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance and tech are the big stories on a reasonably quiet winter morning\" \/>\n<meta property=\"og:description\" content=\"Depa gets AED 1 bn contracts in Dubai, KSA | New India mall from LuLu | General Atlantic is buying Actis\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-14T23:13:00+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1440.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/\",\"name\":\"Finance and tech are the big stories on a reasonably quiet winter morning - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1440.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-01-17T00:00:00+00:00\",\"dateModified\":\"2025-12-14T23:13:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1440.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1440.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/uae\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Finance and tech are the big stories on a reasonably quiet winter morning\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Finance and tech are the big stories on a reasonably quiet winter morning - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/","og_locale":"en_US","og_type":"article","og_title":"Finance and tech are the big stories on a reasonably quiet winter morning","og_description":"Depa gets AED 1 bn contracts in Dubai, KSA | New India mall from LuLu | General Atlantic is buying Actis","og_url":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/","og_site_name":"UAE","article_modified_time":"2025-12-14T23:13:00+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1440.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/","url":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/","name":"Finance and tech are the big stories on a reasonably quiet winter morning - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1440.jpg?fit=%2C&ssl=1","datePublished":"2024-01-17T00:00:00+00:00","dateModified":"2025-12-14T23:13:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1440.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1440.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/issues\/finance-and-tech-are-the-big-stories-on-a-reasonably-quiet-winter-morning\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/uae\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Finance and tech are the big stories on a reasonably quiet winter morning"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/88046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/88046\/revisions"}],"predecessor-version":[{"id":88089,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/88046\/revisions\/88089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/88047"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=88046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=88046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=88046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}