{"id":88830,"date":"2024-02-08T00:00:00","date_gmt":"2024-02-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=88830"},"modified":"2025-12-14T23:26:06","modified_gmt":"2025-12-14T23:26:06","slug":"adia-wants-to-invest-usd-4-5-bn-in-india-through-a-new-fund","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/adia-wants-to-invest-usd-4-5-bn-in-india-through-a-new-fund\/","title":{"rendered":"Adia wants to invest USD 4-5 bn in India through a new fund"},"content":{"rendered":"<section id=\"88832\" 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=\"88832\">\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\/02\/08\/lunate-and-blue-owl-capital-are-setting-up-a-new-usd-3-bn-fund\/\">\r\n                            THIS MORNING: Lunate and Blue Owl Capital are setting up a new USD 3 bn fund                        <\/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\/02\/08\/lunate-and-blue-owl-capital-are-setting-up-a-new-usd-3-bn-fund\/\" target=\"_blank\">\n                    Open 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src=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88833\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/lunate-and-blue-owl-capital-are-setting-up-a-new-usd-3-bn-fund\/moneymoneymoney-1600px-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"moneymoneymoney-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88832\" class=\"content-area-description single-story post-88832 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-blue-owl-capital tag-enterpriseam-uae tag-lunate tag-oil-and-gas tag-tourism tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.e7268f17-91a7-4454-a8f6-7f1336f28631.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends.<\/strong> We have another meaty issue for you this morning, thanks in no small part to a slew of earnings. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY here at home<\/strong> this morning is the Abu Dhabi Investment Authority getting in-principle regulatory clearance for its plans to set up a USD 4-5 bn fund in India\u2019s Gift City through which the sovereign wealth fund will invest in the country. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have chapter and verse in the news well, below.<\/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=\"wwtt1\"><\/a> <strong>#1- Lunate + Blue Owl Capital set up USD 3 bn fund:<\/strong> Private markets-focused firm Lunate and New York-based alternative investment asset management company Blue Owl are launching a USD 3 bn fund to acquire minority stakes in mid-size asset managers, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-07\/blue-owl-lures-abu-dhabi-s-lunate-for-middle-market-wagers\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing an emailed statement. Blue Owl is drumming up USD 2.5 bn in funding for the venture, while Lunate is contributing USD 500 mn, the newswire reports, citing a source with knowledge of the matter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Indian LNG buyers are in talks with UAE suppliers to secure crude supplies<\/strong><strong> at reduced prices<\/strong>, after Indian oil and gas company <a target=\"_blank\" href=\"https:\/\/petronetlng.in\/\" style=\"\" rel=\"noopener\">Petronet LNG<\/a> inked an agreement with Qatar to purchase 7.5 mn tons of LNG annually at a 12.2% link to Brent oil, reports <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-07\/india-gets-cheaper-lng-from-qatar-in-landmark-new-supply-deal\" style=\"\" rel=\"noopener\">Bloomberg<\/a>, citing traders. Talks with Emirati suppliers are over a similar type of long-term, discounted agreement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PUBLIC SERVICE ANNOUNCEMENTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#1- You can now get birth and death certificates attested online: <\/strong>Those applying for a birth or death certificate online can now also request the Foreign Affairs Ministry\u2019s attestation through the same website, after the ministry integrated its attestation service onto the <a target=\"_blank\" href=\"https:\/\/mohap.gov.ae\/en\" style=\"\" rel=\"noopener\">Health and Prevention Ministry<\/a> and <a target=\"_blank\" href=\"https:\/\/www.ehs.gov.ae\/\" style=\"\" rel=\"noopener\">Emirates Health Services<\/a> digital platforms, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1jm7y9-mofa-eliminates-two-government-procedures-rolls\" style=\"\" rel=\"noopener\">Wam<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#2- Expect more traffic in Dubai between today and Saturday:<\/strong> Traffic will be temporarily suspended on several Dubai roads for 10-15 minute intervals for the UAE Tour Women cycling event, which kicked off its Dubai leg yesterday and will run until Saturday, the Road and Transport Authority <a target=\"_blank\" href=\"https:\/\/twitter.com\/rta_dubai\/status\/1755267033078399124\" style=\"\" rel=\"noopener\">said on X<\/a>. Cyclists will ride from Dubai Miracle Garden all the way to Dubai Harbour between 1:30 pm and 4:30 pm today, the authority said in a separate post. You can find the cyclists\u2019 exact route \u2014 along with timings \u2014 <a target=\"_blank\" href=\"https:\/\/www.theuaetourwomen.com\/stages\/stage-1-dubai-stage\/?lang=en\" 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>Up next:<\/strong> Closures will hit <a target=\"_blank\" href=\"https:\/\/www.theuaetourwomen.com\/stages\/stage-2-modon-stage\/?lang=en\" style=\"\" rel=\"noopener\">Al Dhafra region<\/a> on Friday, <a target=\"_blank\" href=\"https:\/\/www.theuaetourwomen.com\/stages\/stage-3-presight-stage\/?lang=en\" style=\"\" rel=\"noopener\">Al Ain<\/a> on Saturday, and <a target=\"_blank\" href=\"https:\/\/www.theuaetourwomen.com\/stages\/stage-4-al-dar-stage\/?lang=en\" style=\"\" rel=\"noopener\">Saadiyat Island and Yas Marina<\/a> on Sunday.<\/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 TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>#1- Dubai\u2019s PMI figures are out today at 8:15 am. <\/strong><a target=\"_blank\" href=\"https:\/\/www.pmi.spglobal.com\/Public\/Release\/PressReleases?language=en\" style=\"\" rel=\"noopener\">You can find the PMI survey here<\/a> when it\u2019s out and read our coverage of it in tomorrow\u2019s issue.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/pmfaiicsce.org\/\" style=\"\" rel=\"noopener\">International Crop-Science Conference & Exhibition 2024 (ICSCE)<\/a><\/strong>, one of the world\u2019s largest agriculture input events, starts today at the JW Marriott, Marquis Dubai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The Arab Dental Exhibition Dubai concludes today at the Dubai World Trade Center.<\/strong>The gathering is one of the largest healthcare conferences in the region, according to <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1g1mn6-aeedc-dubai-2024-kicks-off-next-week\" style=\"\" rel=\"noopener\">Wam<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The Foreign Affairs Ministry\u2019s Ambassadors and Representatives of Missions Abroad <\/strong><strong>Forum also wraps today.<\/strong>The event saw ministers, senior officials and government representatives gather at the Foreign Affairs Ministry, discussing regional issues, geostrategic developments, and plans to advance the government\u2019s strategy, said the ministry in a <a target=\"_blank\" href=\"https:\/\/www.mofa.gov.ae\/en\/mediahub\/news\/2024\/2\/4\/4-2-2024-uae-ambassadors\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mubadalaabudhabiopen.com\/tickets\/\" style=\"\" rel=\"noopener\">Mubadala Abu Dhabi Tennis Open<\/a><\/strong><strong> women\u2019s tournament is underway <\/strong>at Zayed Sports City's International Tennis Center. The first matches of the final 16 takes place today. Finals weekend runs 9-11 February. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/sharjahinvestmentforum.ae\/\" style=\"\" rel=\"noopener\">The Sharjah Investment Forum<\/a><\/strong><strong> concludes today<\/strong> at the Al Jawaher Reception and Convention Center. The event gathered 50 speakers, including ministers, government officials, and economists. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7- UAE Innovates 2024 kicks off in Ajman and Umm Al Quwain today and runs until next <\/strong><strong>Wednesday, 14 February<\/strong>, after wrapping its Abu Dhabi leg yesterday, reports state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/b1fg748-uae-innovates-2024-nationwide-celebration\" style=\"\" rel=\"noopener\">Wam<\/a>. The event will move to Sharjah, Ras Al Khaimah, and Fujairah from Thursday-Wednesday, 15-21 February. The event\u2019s last stop will be Dubai, running from Thursday, 22 February, to Thursday, 29 February.<\/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=\"uae\/en\/user\/NewsLetters\" 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\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- OPEC+ is likely to maintain its oil supply cutbacks<\/strong> into 2Q 2024 when it next meets as the group looks to preserve prices and curb the risk of oversupply in the market, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2024-02-07\/opec-oil-cut-decision-is-really-no-choice-at-all\" style=\"\" rel=\"noopener\">Bloomberg<\/a> says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Fujairah oil stocks climb as Kuwait imports arrive: <\/strong>Oil stockpiles at the Port of Fujairah increased 5.9% last week, after receiving the first fuel oil imports from Kuwait in 2024, according to <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/oil\/020724-fujairah-data-oil-product-stocks-climb-as-al-zour-refinery-raises-production\" style=\"\" rel=\"noopener\">S&P Global data<\/a>. The total oil inventory has risen 8.2% since the beginning of the year, with stockpiles registering at 18.8 mn barrels on 5 February, up from a five-week low.<\/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\"><strong>Some 17 <\/strong><strong>mn tourists<\/strong><strong> visited Dubai in 2023<\/strong>, up 19.4% y-o-y, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashed Al Maktoum <a target=\"_blank\" href=\"https:\/\/twitter.com\/HamdanMohammed\/status\/1755133816656564386?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" style=\"\" rel=\"noopener\">said<\/a><a target=\"_blank\" href=\"https:\/\/twitter.com\/HamdanMohammed\/status\/1755133816656564386?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" style=\"\" rel=\"noopener\">on X<\/a>. The emirate\u2019s hotel occupancy rates climbed to 77.4% last year, one of the highest in the world, and up from <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/hospitality\/dubai-hotels-occupancy-hit-73-in-2022-highest-in-the-world-w7pqyvrc\" style=\"\" rel=\"noopener\">72.8% in 2022<\/a>, according to Al Maktoum. <\/p>\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>As has been the case most of this week, there\u2019s no single big story abroad <\/strong>that has captured the imaginations of the business or mainstream press. Among the stories you need to know about this morning \u2014 or might simply find interesting:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Republican Nikki Haley lost to \u201cnone of these candidates\u201d<\/strong> in what the <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/02\/07\/us\/politics\/haley-trump-republican-electoral-math.html\" style=\"\" rel=\"noopener\">New York Times<\/a> calls an \u201cirrelevant\u201d Nevada primary, but she\u2019s still staying in the race in a bid to \u201cbroaden voters\u2019 imagination of what\u2019s possible, both for her prospects in the 2024 Republican presidential primary, and for the nation.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The S&P hit a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/02\/06\/stock-market-today-live-updates.html\" style=\"\" rel=\"noopener\">record high<\/a><\/strong>as strong earnings continued and tech stocks rallied. Among those reporting earnings: <strong>Uber posted an operating profit for the first time <\/strong>on <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/7a333873-b860-4139-82db-4517eb7ddcd2\" style=\"\" rel=\"noopener\">a full-year basis<\/a> (you can check out its <a target=\"_blank\" href=\"https:\/\/www.businesswire.com\/news\/home\/20240207898706\/en\/Uber-Announces-Results-for-Fourth-Quarter-and-Full-Year-2023\" style=\"\" rel=\"noopener\">earnings<\/a> here).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Cairo is playing host today to a fresh round of ceasefire talks<\/strong>, but Israeli PM Benjamin Netanyahu tried to pour cold water on the conversation, dismissing Hamas\u2019 goal of a long ceasefire as <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/316fb086-d9c5-4923-9ffb-6004ea4fd356\" style=\"\" rel=\"noopener\">\u201cdelusional.\u201d<\/a> US Secretary of State Antony Blinken is still <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-blinken-pushes-pause-gaza-war-allow-aid-regional-integration-2024-02-07\/\" style=\"\" rel=\"noopener\">pushing Israel to play ball<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MORNING DISTRACTIONS-<\/strong><\/p>\n<ul>\n<li><strong>Finance meme lord Litquidity is a 32-year-old former banker named Hank Medina <\/strong>who did time at Jeffries and Deutsche Bank. Media sat down for his first-ever interview courtesy the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/7305bc73-304e-4771-95b1-47558976f3c8\" style=\"\" rel=\"noopener\">Financial Times<\/a>. Don\u2019t know him? <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/litquidity\/?hl=en\" style=\"\" rel=\"noopener\">Check out his IG<\/a>. <\/li>\n<li><strong>Aussie businesses that call or email employees after hours could face penalties <\/strong>under proposed legislation that would give staff the right to \u201crefuse to monitor, read or respond to contact, or attempted contact, from an employer outside of the employee\u2019s working hours unless the refusal is unreasonable.\u201d (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-08\/australian-workers-will-get-right-to-disconnect-under-new-law\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Federal Tax Authority is running its corporate tax awareness campaign through the <\/strong><strong>end of the year<\/strong>, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1j0stz-fta-launches-2nd-phase-corporate-tax-awareness\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The campaign will cover topics such as legislation, corporate tax compliance, and procedures, tailored for individual taxpayers, and will also provide workshops for SME stakeholders.<\/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.safcongressmena.com\/\" style=\"\" rel=\"noopener\">Sustainable Aviation Futures MENA<\/a><\/strong><strong> will kick off next Monday, 12 February<\/strong> through to Wednesday, 14 February at Kempinski Central Avenue. The event will see 80 speakers and upwards of 200 attendees discuss regulation, financing, and investments in sustainable aviation fuels in MENA.<\/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:\/\/middleeast.breakbulk.com\/Home\" style=\"\" rel=\"noopener\">Breakbulk Middle East 2024<\/a><\/strong><strong> will take place from Monday, 12 February<\/strong>, to Tuesday,13 January, in Dubai. The event is being hosted by the Ministry of Energy and Infrastructure to address industry challenges and identify prospects for growth in the UAE, KSA, and East Africa.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.worldgovernmentsummit.org\/\" style=\"\" rel=\"noopener\">World Government Summit<\/a><\/strong><strong> from Monday, 12 February<\/strong>, to Wednesday, 14 February. The summit, focusing on the daily implications of AI, will include 15 AI-centered conferences, and an annual gathering for the Time 100 AI list. OpenAI CEO Sam Altman will be among the speakers headlining the event, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/uae\/government\/uae-sam-altman-of-chatgpt-maker-openai-among-global-disruptors-to-headline-world-government-summit-2024-in-dubai-1.100610988#:~:text=Dubai%3A%20The%20World%20Government%20Summit,4%20%2D%20and%20other%20global%20disruptors.\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai will also host the Future Warehouse & Logistics 2024 Conference from Monday, 12<\/strong><strong> February <\/strong>to Wednesday, 14 February. On the agenda: How to boost resilience and overcome challenges, with discussions on disruptions, sustainability, internet of things, automation, workplace management and other topics. <\/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:\/\/investopia.ae\/\" style=\"\" rel=\"noopener\">Investopia Summit<\/a><\/strong><strong> will take place from Wednesday, 28 February, to Thursday, <\/strong><strong>29 February<\/strong>, in Abu Dhabi. The two-day event will run under the theme \u201cEmerging Economic Frontiers: Investing in Fast-Growing Sectors in the New Economy,\u201d gathering investors, government officials, and entrepreneurs to explore investments in strategic markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi is set to host the World Congress of the World Federation of the Deaf in<\/strong><strong> 2027<\/strong>, marking the first time the event will take place in the Middle East and North Africa (MENA), <a target=\"_blank\" href=\"https:\/\/wam.ae\/ar\/article\/13qze3k-abu-dhabi-receives-banner-for-hosting-the-wfd\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Some 125 countries and over 2k hard of hearing participants from across the world are expected to participate in the event. The event promotes the inclusion of deaf individuals in societies and aims to increase awareness about their rights.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The inaugural edition of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/driftx_driftx-smartautonomoustechnology-urbanmobility-activity-7155243737772613633-c5C_\/\" style=\"\" rel=\"noopener\">DRIFTx<\/a><\/strong><strong> will take place in Abu Dhabi in April. <\/strong>The event is supported by the <a target=\"_blank\" href=\"https:\/\/www.investinabudhabi.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi Investment Office<\/a> and <a target=\"_blank\" href=\"https:\/\/www.bayanat.ai\/\" style=\"\" rel=\"noopener\">Bayanat<\/a>, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/technology\/bayanat-partners-with-driftx-as-anchor-partner-for-inaugural-event\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The showcase will offer an international platform for smart and sustainable urban mobility, featuring Banayat\u2019s autonomous taxis by <a target=\"_blank\" href=\"https:\/\/www.txai.taxi\/\" style=\"\" rel=\"noopener\">TXAI<\/a>.<\/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\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\/blue-owl-capital\/\">Blue Owl Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/lunate\/\">Lunate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/oil-and-gas\/\">oil and gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88834\" 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=\"88834\">\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\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/adia-to-invest-usd-4-5-bn-in-indias-gift-city\/\">\r\n                            Abu Dhabi wealth fund to set up USD 4-5 bn fund in Indian finance hub                        <\/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\/02\/08\/adia-to-invest-usd-4-5-bn-in-indias-gift-city\/\" 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\/02\/08\/adia-to-invest-usd-4-5-bn-in-indias-gift-city\/')\">\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\/02\/08\/adia-to-invest-usd-4-5-bn-in-indias-gift-city\/\">\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=ADIA to invest USD 4-5 bn in India\u2019s GIFT City&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/adia-to-invest-usd-4-5-bn-in-indias-gift-city\/\">\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\/02\/08\/adia-to-invest-usd-4-5-bn-in-indias-gift-city\/&title=ADIA to invest USD 4-5 bn in India\u2019s GIFT City\">\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=ADIA+to+invest+USD+4-5+bn+in+India%E2%80%99s+GIFT+City+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F08%2Fadia-to-invest-usd-4-5-bn-in-indias-gift-city%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\/02\/08\/adia-to-invest-usd-4-5-bn-in-indias-gift-city\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/646.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88835\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/adia-to-invest-usd-4-5-bn-in-indias-gift-city\/646-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/646.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"646.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/646.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/646.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88834\" class=\"content-area-description single-story post-88834 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-abu-dhabi-investment-authority tag-enterpriseam-uae tag-india tag-investment tag-investment-watch tag-tax tag-trade 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\/2\/.35facb13-acd9-4dfc-8dd5-4fb49275d847.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>ADIA to set up a USD 4-5 bn fund in India\u2019s Gift City:<\/strong> Abu Dhabi\u2019s sovereign wealth fund <a target=\"_blank\" href=\"https:\/\/www.adia.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi Investment Authority<\/a> (ADIA) is set to establish a USD 4-5 bn fund in <a target=\"_blank\" href=\"https:\/\/www.giftgujarat.in\/\" style=\"\" rel=\"noopener\">Gujarat International Finance Tec-City<\/a> (Gift City) in India, after receiving in-principle approval from the city\u2019s financial regulatory authority, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/uae-wealth-fund-plans-4-5-billion-investments-via-indias-new-finance-hub-sources-2024-02-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing two unnamed sources with direct knowledge of the matter. The sovereign wealth fund is set to become the first to invest in the city, the newswire wrote.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> ADIA is looking to kick off investments with the new fund by mid-year, gradually channeling the allocated funds into India over an unspecified period of time, according to one of the sources. Funds at Gift City can invest in both Indian and foreign equities, as well as debt securities and other assets, the newswire said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE has been one of India\u2019s prime investors<\/strong>, with talks on establishing ADIA\u2019s presence in Gift City ongoing since India\u2019s Prime Minister Narendra Modi visited the UAE in July 2023, according to a <a target=\"_blank\" href=\"https:\/\/www.mea.gov.in\/bilateral-documents.htm?dtl\/36813\/IndiaUAE_Joint_Statement_during_the_visit_of_Prime_Minister_Shri_Narendra_Modi_to_UAE\" style=\"\" rel=\"noopener\">joint statement<\/a> from both states. Trade between the two countries reached USD 85 bn during India\u2019s FY 2022-203, which ended in March 2023, with the UAE emerging as India\u2019s third largest trade partner.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- ADIA and its subsidiaries have been exempt from long-term capital gains<\/strong><strong> taxes on Indian investments<\/strong> since 2020 through a special provision. This provision remains applicable until March 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s GIFT City is angling to become a foreign investor haven: <\/strong>The economic zone offers 10-year tax holidays for companies setting up shop in the city\u2019s financial center, with no taxes on transferring funds internationally. One of the city\u2019s goals is to curb offshore equity trading, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2022-11-29\/which-city-will-be-next-singapore-or-dubai-new-india-finance-hub-has-big-plans\" style=\"\" rel=\"noopener\">Bloomberg<\/a> wrote earlier. The city secured over USD 30 bn worth of commitments and USD 2.93 bn in investments across 95 local and global funds as of December 2023, according to Reuters.<\/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-investment-authority\/\">Abu Dhabi Investment Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/india\/\">India<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade\/\">trade<\/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=\"88836\" 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=\"88836\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/emirates-strategic-investments-issues-usd-700-mn-sukuk\/\">\r\n                            Emirates Strategic Investments begins selling USD-denominated 5-year sukuk                        <\/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\/02\/08\/emirates-strategic-investments-issues-usd-700-mn-sukuk\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The sukuk is part of a broader USD 2 bn trust certificate issuance program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Orders for the issuance topped USD 1.7 bn<\/strong>, leading the bank to narrow the spread, the newswire added. The spread was revised downwards from initial price guidance of around 210 basis points over US Treasuries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Emirates NBD Capital, First Abu Dhabi Bank (FAB) and Standard Chartered Bank were selected as joint global coordinators, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/islamic-economy\/islamic-finance\/emirates-strategic-investments-hires-banks-for-5-year-sukuk-document-uxib0pnc\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last month. Our friends at Mashreq, as well as Abu Dhabi Islamic Bank, Dubai Islamic Bank, Emirates NBD Capital, FAB, Standard Chartered and Warba Bank were tapped as joint lead managers and joint bookrunners. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This marks the second sukuk issuance of the year in the UAE<\/strong>, after FAB <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/626e7d62-254f-4586-9c68-337ee975c47a\" style=\"\" rel=\"noopener\">kicked off<\/a> the year with another oversubscribed USD 800 mn sukuk issuance in January. <\/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\">IN OTHER DEBT NEWS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>USD 30 mn Opec Fund loan to Uganda: <\/strong>The Opec Fund for International Development \u2014 a financial institution made up of OPEC member countries \u2014 has committed a USD 30 mn loan to Uganda to develop its Katine-Ochero road infrastructure, with co-financing provided by the Islamic Development Bank and Uganda's government, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/opec-fund-provides-30mln-loan-to-improve-rural-transportation-in-uganda-tei19vnp\" style=\"\" rel=\"noopener\">press release<\/a>. The project aims to strengthen transportation links in the central-east region, with the goal of improving speed and safety of travel for the local rural communities, as well as providing improved connections for small businesses to access marketplaces and shops.<\/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\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/development-finance\/\">development finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emirates-strategic-investments\/\">Emirates Strategic Investments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/opec\/\">OPEC<\/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=\"88838 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=\"88838\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/88838-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88838\" class=\"content-area-description single-story post-88838 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=\"88839\" 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=\"88839\">\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\">REGULATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/govt-launches-a-new-intellectual-property-framework\/\">\r\n                            Economy ministry launches new comprehensive intellectual property framework                        <\/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\/02\/08\/govt-launches-a-new-intellectual-property-framework\/\" 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\/02\/08\/govt-launches-a-new-intellectual-property-framework\/')\">\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\/02\/08\/govt-launches-a-new-intellectual-property-framework\/\">\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=Gov\u2019t launches a new intellectual property framework&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/govt-launches-a-new-intellectual-property-framework\/\">\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\/02\/08\/govt-launches-a-new-intellectual-property-framework\/&title=Gov\u2019t launches a new intellectual property framework\">\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=Gov%E2%80%99t+launches+a+new+intellectual+property+framework+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F08%2Fgovt-launches-a-new-intellectual-property-framework%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\/02\/08\/govt-launches-a-new-intellectual-property-framework\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/678.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88840\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/govt-launches-a-new-intellectual-property-framework\/678-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/678.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"678.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/678.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/678.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88839\" class=\"content-area-description single-story post-88839 post type-post status-publish format-standard has-post-thumbnail hentry category-regulation-watch tag-enterpriseam-uae tag-intellectual-property-framework tag-regulation tag-regulation-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.950943af-628a-4c97-9bf4-36c5bd398a04.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>IP is getting more protection:<\/strong> A new integrated intellectual property (IP) framework the Economy Ministry rolled out yesterday will focus on IP protection, reducing violations, dispute resolution, as well as improving and broadening services for patent registration, a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/ministry-of-economy-launches-its-new-intellectual-property-system-ipbixd6a\" style=\"\" rel=\"noopener\">press release<\/a> reads. The system \u201cwill be based on AI technology,\u201d Economy Minister Abdulla bin Touq Al Marri said at the launch event, without elaborating on which aspects of the system will be AI-driven. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-traditional trademarks can be registered as well:<\/strong> Within the new IP framework, companies and individuals can officially register not only traditional trademarks like logos and words, but also more unconventional ones such as sounds, scents, holograms, and geographical indication marks, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/uae-you-can-register-sound-scent-holograms-as-trademarks?_refresh=true\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this is important:<\/strong> The framework is ultimately looking to encourage more innovation and \u201csupport the growth of R&D-based projects, exploit the fruits of intellectual property protection and market them as national exports to foreign markets,\u201d the minister said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What the system looks like:<\/strong> The framework comprises 11 separate initiatives the Economy Ministry will implement with other government entities, including:<\/p>\n<ul>\n<li>An initiative with the Finance Ministry, One DayTM, to streamline the issuance of trademark registration certificates within a single business day<\/li>\n<li>A \u201cpatent hive\u201d to issue 6k patents by 2026 (up from 5.1k registered patents today);<\/li>\n<li>A sports-focused initiative, IP Sport, looking to encourage trademarking within the sector;<\/li>\n<li>The InstaBlock initiative, dedicated to addressing livestream copyright infringements and enforcing intellectual property rights protection;<\/li>\n<li>The Innovation Hub, an online platform providing technical guidance and patent registration assistance; and<\/li>\n<li>An initiative with the Emirati Talent Competitiveness Council (Nafis) to improve Emiratis\u2019 IP skills and create jobs by spurring private sector involvement in innovative fields. <\/li>\n<\/ul>\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\/intellectual-property-framework\/\">Intellectual Property Framework<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/regulation\/\">regulation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/regulation-watch\/\">REGULATION 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=\"88841\" 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=\"88841\">\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\">TRADE &amp; LOGISTICS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/uae-ranks-among-top-emerging-markets-globally-agility\/\">\r\n                            UAE ranks among top emerging markets globally -Agility                        <\/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\/02\/08\/uae-ranks-among-top-emerging-markets-globally-agility\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The UAE is also the highest-ranked country in the Middle East and North Africa region. China and India occupy the top two spots in the ranking, while Venezuela, Myanmar, and Libya are the lowest-ranked countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it\u2019s measured:<\/strong> The index surveys 830 executives from the logistics industry to assess the performance of 50 emerging markets based on four criteria: Domestic logistics potential, international logistics potential, business fundamentals, and digital readiness. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Solid business fundamentals:<\/strong> The UAE ranks first globally for best business fundamentals, while coming in second place (behind China) in the digital readiness category. The country stayed put in fifth place on the domestic potential category and seventh place on the international opportunities subindex. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE is developing its digital infrastructure<\/strong> on the back of a regional \u201csurge in digital infrastructure investment, including in the laying of undersea cables and development of data centers,\u201d according to Agility. Most recently, e& said it is planning to anchor the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/79120814-b4a4-4d24-ae42-4a65b2d12ef1#:~:text=e%26%E2%80%99s%20internet%20provider%2C%20Carrier%20%26%20Wholesale%20Services%20(C%26WS)%2C%20is%20planning%20to%20anchor%20the%20world%E2%80%99s%20longest%20undersea%20telecoms%20cable%2C%20the%202Africa%20subsea%20internet%20cable%2C%20in%20Kaliba%2C%20Fujairah%2C%20according%20to%20a%20press%20release.%20The%20cable%20will%20be%20connected%20to%20Fujairah%E2%80%99s%20cable%20landing%20station.\" style=\"\" rel=\"noopener\">world\u2019s longest undersea telecoms cable<\/a>, the 2Africa subsea internet cable, in Kaliba, which will be connected to Fujairah\u2019s cable landing station.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019re also doing well with economic diversification:<\/strong> The non-oil economy and economic diversification are underpinned by SMEs and SME growth, as UAE-based SMEs currently account for over 63.5% of the country\u2019s non-oil GDP, the report said. The <a target=\"_blank\" href=\"https:\/\/u.ae\/en\/information-and-services\/business\/small-and-medium-enterprises\/small-and-medium-enterprises#:~:text=As%20of%20mid%2D2022%2C%20the%20number%20of%20small%20%26%20medium%20enterprises%20in%20the%20UAE%20was%20557%2C000.%20SMEs%20contribute%20as%20much%20as%2063.5%20per%20cent%20to%20the%20non%2Doil%20GDP.%20It%20is%20forecasted%20that%20there%20will%20be%201%20million%20SMEs%20in%20the%20UAE%20by%20the%20year%202030.\" style=\"\" rel=\"noopener\">government aims<\/a> to grow SMEs\u2019 contribution to the economy by increasing their number to 1 mn by 2030. <\/p>\n<p class=\"tag-border-left\">REGIONAL + GLOBAL ANGLES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GCC countries stood out: <\/strong>Along with the UAE, Saudi Arabia came in the top 10 emerging markets on all the indices. Apart from the international potential index, Qatar also ranked among the top 10 in all categories. Bahrain secured eighth place in the business fundamentals category. The GCC countries\u2019 top 10 positions helped the MENA region outperform Southeast Asia as 2024\u2019s projected \u201cregion with the third strongest economic growth.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Optimism is high for MENA<\/strong>, as it stands at a \u201cjunction of development in many areas. It has a rapidly growing population of young consumers, increased digital adoption, rising disposable income, giga investment projects and significant public expenditure,\u201d according to the survey\u2019s respondents. The report also projects that the fallout of Israel\u2019s war on Gaza will not extend beyond the borders of the Strip, confining its impact on instabilities in the price of oil due to tensions around the Red Sea and Suez Canal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global recession to come? <\/strong>Of the survey\u2019s respondents, almost 50% believe that a global recession is looming in the wake of an expected worldwide economic slowdown, driven by global headwinds such as \u201cmonetary policy tightening, high inflation, and extreme weather events.\u201d However, in the case of a US recession, emerging markets might have a chance at growing on the back of investors looking to diversify their portfolios and \u201cramp up their investments in emerging markets.\u201d On the flip side, due to being export-oriented, weak global demand will put emerging markets\u2019 growth at risk.<\/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\/agility\/\">Agility<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade-logistics\/\">TRADE &amp; LOGISTICS<\/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=\"88843\" 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=\"88843\">\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\/02\/08\/yet-more-earnings\/\">\r\n                            Yet more earnings: Adnoc Distribution, Dubai Taxi, Multiply Group, BHM Capital, Dubai Aerospace Enterprise, and Bayanat                        <\/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\/02\/08\/yet-more-earnings\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/yet-more-earnings\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/yet-more-earnings\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Yet more earnings&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/yet-more-earnings\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/yet-more-earnings\/&title=Yet more earnings\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Yet+more+earnings+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F08%2Fyet-more-earnings%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/yet-more-earnings\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1763.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88844\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/yet-more-earnings\/1763-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1763.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1763.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1763.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1763.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88843\" class=\"content-area-description single-story post-88843 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-adnoc tag-bayanat tag-bhm-capital tag-dubai-aerospace-enterprise tag-dubai-taxi tag-earnings-watch tag-enterpriseam-uae tag-multiply-group 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\/2\/.f86bbc4e-b590-413d-9ed1-5463412f76bb.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Adnoc Distribution saw its full-year net income fall 5.4% y-o-y<\/strong> to AED 2.6 bn in 2023 on the back of lower inventory gains, the company said in its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/584.pdf\" style=\"\" rel=\"noopener\">earnings report (pdf)<\/a>. Revenues grew 7.8% y-o-y to AED 34.63 bn in 202 on the back of an increase in fuel volumes and higher non-fuel retail segment contribution. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a quarterly basis: <\/strong>The company\u2019s net income jumped 61.4% y-o-y in 4Q 2023 to AED 677 mn. Adnoc Distribution booked net revenues of AED 9.56, up 16.8% y-o-y during the same period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>2024 is about sustainability: <\/strong>The company is expecting a solid outlook for 2024 driven by growth in fuel volumes and international operations, as well as higher contribution of non-fuel retail, and growth in international operations, according to the report. The company is also targeting the next phase of growth \u201cwith a focus on sustainable mobility and convenience,\u201d Adnoc Distribution CEO Bader Al Lamki said. \u201cIt includes optimizing existing assets to improve our profitability, doubling down on non-fuel retail, and generating new revenue streams offered by energy transition to future-proof our business and increase customer satisfaction.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fuel retailer\u2019s board will pay out AED 1.285 bn in dividends for 2H 2023<\/strong>, after it paid the same amount for 1H 2023, the company said.  <\/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>Dubai Taxi had a good year: <\/strong>Recently-listed Dubai Taxi\u2019s net income grew 54% y-o-y in 2023 to AED 345.3 mn, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/599.pdf\" style=\"\" rel=\"noopener\">preliminary financials (pdf)<\/a>. The company booked AED 1.95 bn in revenues, climbing 11% y-o-y in 2023 on the back of better performance in its regular taxi segment, which the company attributed to \u201cpositive economic activity in the country, as well as enhanced operational utilization of vehicles due to increased number of drivers during the year,\u201d the statement read. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Dubai Taxi debuted on DFM last year: <\/strong>Dubai\u2019s Road and Transport Authority <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/42e167c9-1cc8-43c2-903d-e08aadaf3813\" style=\"\" rel=\"noopener\">listed Dubai Taxi on DFM<\/a> in December, raising AED 1.16 bn on the back of heavy investor appetite, with orders covering the transaction 130x.<\/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>Abu Dhabi-based investment firm Multiply Group <\/strong><strong>reported a 240% y-o-y increase in its net income to AED <\/strong><strong>1.1 bn in 2023<\/strong>, excluding fair value changes in investments, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/614.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The company attributed the uptick to higher investment income and increased income from its JV with International Energy Holding\u2019s renewables firm Kalyon Enerji. Including unrealized fair value changes on market volatility, the group\u2019s net income came in at AED 552 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Group revenues increased 15% y-o-y to AED 1.3 bn in 2023<\/strong>, demonstrating strong growth across the company's four key sectors: Mobility, energy and utilities, media and communications, and beauty and wellness. The mobility sector accounted for 28% of revenues and 48% of net income, while energy and utilities contributed 23% of revenues. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Multiply finalized its acquisition of a majority stake in outdoor advertising firm Media 247 in 2023, and integrated Fisio and The Juice Spa and Salon into its beauty and wellness division. The company also made a significant investment of AED 367 mn for a minority stake in EIG\u2019s Breakwater Energy.<\/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>BHM Capital revenues doubled in 2023: <\/strong>BHM Capital saw its net income more thandouble in 2023, rising 101% y-o-y to AED 31.5 mn, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/629.pdf\" style=\"\" rel=\"noopener\">DFM filing (pdf)<\/a>. The company\u2019s revenues jumped 60% y-o-y in 2023 to AED 136.7 mn, reflecting \u201cthe company's solid strategy and continuous efforts to diversify revenue sources, establishing its position as a leading provider of advanced financial services and solutions to clients,\u201d BHM Capital CEO Abdel Hadi Al Sa\u2019di said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE- BMH is in the \u201cfinal stages\u201d of inking an investment management <\/strong><strong>agreement to take over Ethmar International Holding\u2019s local equity portfolio<\/strong>, the company said in a separate DFM <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/664.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. Ethmar <a target=\"_blank\" href=\"https:\/\/www.bhmuae.ae\/bhm-capital-announces-major-shareholder-transition\/\" style=\"\" rel=\"noopener\">acquired<\/a> a 67% stake in BHM in October 2023, in a bid to expand and diversify its investments. <\/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>Dubai plane lessor<\/strong><strong>Dubai Aerospace Enterprise (DAE) turned to the black in 2023<\/strong>, recording a bottom line ofUSD 350.6 mn (AED 1.3 bn), compared to net losses of USD 279.3 mn in 2022 according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/619.pdf\" style=\"\" rel=\"noopener\">financial statements (pdf)<\/a>. DAE\u2019s revenues climbed 15.6% y-o-y to USD 1.3 bn (AED 4.77 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> \u201cOur full year 2023 financial results demonstrate the continued strength of our expanding franchise as we acquired 20 aircraft and a 64 aircraft order book with near-term delivery positions,\u201d DAE CEO Firoz Tarapore said in an <a target=\"_blank\" href=\"https:\/\/dubaiaerospace.com\/2024\/02\/07\/dae-announces-financial-results-for-the-year-ended-december-31-2023\/\" style=\"\" rel=\"noopener\">earnings release<\/a>. \u201cOur engineering division posted record results with sizable increases in output and revenue,\u201d Tarapre said, adding that the company plans to continue to invest in its flagship facility in Amman. <\/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>AI company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bayanat.ai\/\" style=\"\" rel=\"noopener\">Bayanat<\/a><\/strong><strong> saw its net income increase 15% y-o-y in 2023<\/strong> to hit AED 232.4 mn, the company said in its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/659.pdf\" style=\"\" rel=\"noopener\">financials (pdf)<\/a>. Bayanat noted in its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/658.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a> that its net income as a percentage of revenue was lower compared to the previous year due to the company\u2019s ongoing investment in talent, R&D, product strategy, and new processes aligned with its IPO strategy. Revenues rose 47% y-o-y to AED 1.16 bn, which the company credits to its AI solutions, the statement reads.<\/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>Presight AI Holding\u2019s 2023 net income came in at AED 570.6 mn,<\/strong><strong> rising 5.1% y-o-y<\/strong>, according to the company\u2019s maiden full-year <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/681.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a> after listing on the ADX in March 2023. The AI company\u2019s revenues increased 14.7% y-o-y to AED 1.7 bn. Presight\u2019s results were supported by domestic projects throughout the year, the statement reads.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead: <\/strong>\u201cThe 2023 numbers are backed by an additional AED1.56 bn of multi-year revenue contracts which will support strong future revenue and cashflow. The health of our balance sheet gives us the potential to accelerate our growth through future capital deployments which could include targeted geographical expansion, new product development to future proof growth, or value-adding acquisitions,\u201d Presight CEO Thomas Pramotedham 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\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/bayanat\/\">Bayanat<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/bhm-capital\/\">BHM Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-aerospace-enterprise\/\">Dubai Aerospace Enterprise<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-taxi\/\">Dubai Taxi<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/multiply-group\/\">Multiply Group<\/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=\"88845\" 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=\"88845\">\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\">TRENDING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/military-graduation-football-on-uae-x\/\">\r\n                            Military graduation + football on UAE X                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" 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class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/military-graduation-football-on-uae-x\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/669.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88846\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/military-graduation-football-on-uae-x\/669-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/669.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"669.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/669.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/669.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88845\" class=\"content-area-description single-story post-88845 post type-post status-publish format-standard has-post-thumbnail hentry category-trending tag-enterpriseam-uae tag-football tag-military tag-sports tag-trending wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.f70aa88d-f495-402b-ab67-b1b9f6f9afa7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE X has been talking about<\/strong><strong><a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%22%D8%B2%D8%A7%D9%8A%D8%AF%20%D8%A7%D9%84%D8%AB%D8%A7%D9%86%D9%8A%20%D8%A7%D9%84%D8%B9%D8%B3%D9%83%D8%B1%D9%8A%D9%87%22&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">#\u0632\u0627\u064a\u062f \u0627\u0644\u062b\u0627\u0646\u064a \u0627\u0644\u0639\u0633\u0643\u0631\u064a\u0647<\/a><\/strong>(Zayed II Military College), after Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, along with several military officials from the UAE and other nations, attended the graduation ceremony of a cohort of cadets from the college.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Keeping in football form:<\/strong> X was tipping its hat to Emirati commentator Faris Awad (<a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%22%D9%81%D8%A7%D8%B1%D8%B3%20%D8%B9%D9%88%D8%B6%22&src=trend_click&vertical=trends\" style=\"\" rel=\"noopener\">\"\u0641\u0627\u0631\u0633<\/a><a target=\"_blank\" href=\"https:\/\/www.google.com\/url?q=https:\/\/twitter.com\/search?q%3D%2522%25D9%2581%25D8%25A7%25D8%25B1%25D8%25B3%2520%25D8%25B9%25D9%2588%25D8%25B6%2522%26src%3Dtrend_click%26vertical%3Dtrends&sa=D&source=editors&ust=1707364639119657&usg=AOvVaw1Htxbkg49cCjm8S5Ok0OSf\" style=\"\" rel=\"noopener\">\u0639\u0648\u0636\"<\/a>) for his work on Tuesday night\u2019s Asian cup between Jordan and South Korea.<\/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\/football\/\">football<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/military\/\">military<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sports\/\">Sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trending\/\">TRENDING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88847\" 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  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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">UAE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/normalization-and-business-continuity\/\">\r\n                            How Israel\u2019s war in Gaza could impact business in the UAE                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-attachment-id=\"88849\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/normalization-and-business-continuity\/2358-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2358.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2358.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2358.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2358.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88848\" class=\"content-area-description single-story post-88848 post type-post status-publish format-standard has-post-thumbnail hentry category-uae-in-the-news tag-enterpriseam-uae tag-israel tag-uae-in-the-news wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.916669c4-02e0-437a-a272-d99618585530.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a relatively quiet morning for the UAE in the foreign press<\/strong>, save for one piece from the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/94143567-2815-48ce-9ada-ed40f969e705\" style=\"\" rel=\"noopener\">Financial Times<\/a> looking at how UAE-Israeli business and interpersonal ties could be affected by Israel\u2019s war in Gaza. <\/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\/israel\/\">Israel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-in-the-news\/\">UAE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88850\" 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=\"88850\">\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\/02\/08\/gulf-biopolymer-industries-will-build-menas-first-biodegradable-pla-plant-in-kezad\/\">\r\n                            Abu Dhabi\u2019s Kezad will get MENA\u2019s first biodegradable PLA plant                        <\/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\/02\/08\/gulf-biopolymer-industries-will-build-menas-first-biodegradable-pla-plant-in-kezad\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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<img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/677.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88851\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/08\/gulf-biopolymer-industries-will-build-menas-first-biodegradable-pla-plant-in-kezad\/677-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/677.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"677.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/677.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/677.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88850\" class=\"content-area-description single-story post-88850 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-aldar-properties tag-also-on-our-radar tag-commodities tag-energy tag-real-estate tag-tax tag-telecoms 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\/2\/.cb50f688-e15e-467e-ba85-fcc92a21277e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abu Dhabi\u2019s Kezad <\/strong><strong>will get MENA\u2019s first biodegradable PLA plant: <\/strong>Dubai-based polymer supplier Gulf Biopolymers Industries (GBI) will build the MENA region\u2019s first biodegradable polylactic acid (PLA) polymers production facility in the Khalifa Economic Zones Abu Dhabi (Kezad), according to a <a target=\"_blank\" href=\"https:\/\/www.kezadgroup.com\/en\/news-and-media\/2024\/02\/07\/gulf-biopolymers-industries-to-produce-biodegradable-pla-in-kezad\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What is polylactic acid? <\/strong><a target=\"_blank\" href=\"https:\/\/www.twi-global.com\/technical-knowledge\/faqs\/what-is-pla#:~:text=Polylactic%20acid%2C%20also%20known%20as,distillation%20and%20polymerization%20of%20petroleum.\" style=\"\" rel=\"noopener\">PLA<\/a> is a thermoplastic monomer (a molecule that can be bonded to counterparts to form a polymer) derived from organic, renewable resources including corn scratch and sugar cane, unlike conventional plastics which are produced from the distillation and polymerization of petroleum. They can be used for packaging and other biodegradable products.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The facility \u2014 for which GBI signed a 50-year lease agreement\u2014 will span 135k sq meters and is planned to have an annual 30k ton PLA production volume. The investment ticket and target launch date for the project were not disclosed.<\/p>\n<p class=\"tag-border-left\">REAL ESTATE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Real estate developer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.aldar.com\/en\/explore-aldar\/about-aldar\/story\" style=\"\" rel=\"noopener\">Aldar Properties<\/a><\/strong><strong> handed out 49 contracts worth AED 22.03 bn in <\/strong><strong>2023<\/strong>, covering infrastructure, residential, commercial, and mixed-use developments in Yas Island, Saadiyat Island, and Al Shamkha, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/688.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The contracts were awarded to 36 UAE-based companies, including <a target=\"_blank\" href=\"https:\/\/trojan.ae\/\" style=\"\" rel=\"noopener\">Trojan General Contracting<\/a>, <a target=\"_blank\" href=\"https:\/\/fibrex.ae\/\" style=\"\" rel=\"noopener\">Fibrex<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.nooralsahara.com\/\" style=\"\" rel=\"noopener\">Noor Al Sahara General Contracting<\/a>, and contributed nearly AED 10.5 bn to the local economy. A little over half of the contracts (53%) were for Aldar\u2019s projects, while the remaining 47% were for Aldar-delivered government projects. <\/p>\n<p class=\"tag-border-left\">COMMODITIES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More services added to gov\u2019t digital procurement platform: <\/strong>The Finance Ministry has expanded the catalog of its <a target=\"_blank\" href=\"https:\/\/mof.gov.ae\/government-procurement-operations\/\" style=\"\" rel=\"noopener\">digital procurement platform<\/a> to encompass over 120k products and services from 230 suppliers across 35 categories, including advertising, real estate ins., translation, and consulting, reports state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/b1j0su0-ministry-finance-launches-expanded-digital\" style=\"\" rel=\"noopener\">Wam<\/a>. The catalog <a target=\"_blank\" href=\"https:\/\/mof.gov.ae\/ministry-of-finance-launches-the-third-phase-of-the-digital-procurement-platform\/\" style=\"\" rel=\"noopener\">initially offered<\/a> 7k products and 500 services across over 19 categories. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The ministry launched the platform last <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/hszrgi7e-ministry-finance-launches-third-phase-digital\" style=\"\" rel=\"noopener\">February<\/a> to streamline government procurement processes and boost spending efficiency, allowing them to sign agreements with suppliers in just three steps, down from the previous 11 steps, and in six minutes, down from 60 days.<\/p>\n<p class=\"tag-border-left\"> GREEN ENERGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE gets its first battery recycling plant: <\/strong>Dubai-based developer <a target=\"_blank\" href=\"https:\/\/tecomgroup.ae\/\" style=\"\" rel=\"noopener\">Tecom Group<\/a> inaugurated its Dubatt Battery Recycling plant in Dubai Industrial City on Tuesday, the Climate Change and Environment Ministry said on <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/moccaeuae_aepaesaesaeiaeyaezabraepaesaetaeuaepaewaey-activity-7160668152618459137-Xav1\/?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">LinkedIn<\/a>. The plant will power advanced opening, separating, and smelting technology to recycle up to 80% of hazardous battery waste into lead ingots.<\/p>\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>#1-<\/strong><strong>Asia-Middle East subsea cable in the works:<\/strong><a target=\"_blank\" href=\"https:\/\/eand.com\/\" style=\"\" rel=\"noopener\">e&amp;<\/a> inked an MoU with <a target=\"_blank\" href=\"https:\/\/www.te.eg\/\" style=\"\" rel=\"noopener\">Telecom<\/a><a target=\"_blank\" href=\"https:\/\/www.te.eg\/\" style=\"\" rel=\"noopener\">Egypt<\/a>, Indonesian network provider <a target=\"_blank\" href=\"https:\/\/www.telin.net\/\" style=\"\" rel=\"noopener\">Telin<\/a> and an undisclosed Indian telecoms operator to form a consortium to build an 11k km open and subsea cable connecting Indonesia and Singapore to India, Oman, Egypt, and the UAE, a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/605.pdf\" style=\"\" rel=\"noopener\">joint statement (pdf)<\/a> read. The project \u2014 dubbed ICE IV \u2014 is scheduled to go live in 4Q 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong><strong>e&amp; + Vodafone partner on trans-border managed voice services: <\/strong>Technology group <a target=\"_blank\" href=\"https:\/\/eand.com\/\" style=\"\" rel=\"noopener\">e&amp;<\/a> and telecommunications company <a target=\"_blank\" href=\"https:\/\/www.vodafone.com\/\" style=\"\" rel=\"noopener\">Vodafone<\/a> are partnering to provide other operators with voice over 4G\/5G (VoLTE) services, expected to run over 70% of global mobile connections by 2030, according to a Vodafone <a target=\"_blank\" href=\"https:\/\/www.vodafone.com\/news\/technology\/vodafone-e-join-forces-support-operators-comprehensive-cross-border-managed-voice-solutions\" style=\"\" rel=\"noopener\">statement<\/a>. The two companies will also offer fraud protection functionalities to operators, building on a previous agreement inked in <a target=\"_blank\" href=\"https:\/\/www.eand.com\/en\/news\/17-oct-23-eand-vodafone-collaboration.html\" style=\"\" rel=\"noopener\">October<\/a>. <\/p>\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>Zero Carbon Ventures forms JV with Egyptian consultancy for a waste-to-value facility<\/strong><strong>: <\/strong>Carbon-reducing technology company <a target=\"_blank\" href=\"https:\/\/www.zerocarbonvc.com\/\" style=\"\" rel=\"noopener\">Zero Carbon Ventures<\/a> and Egyptian environmental consultancy Green Planet have established a waste-to-value JV in the <a target=\"_blank\" href=\"https:\/\/www.adgm.com\/\" style=\"\" rel=\"noopener\">Abu Dhabi Global Markets (ADGM)<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.zerocarbonvc.com\/news\/zero-carbon-ventures-and-green-planet-agree-to-egypt-joint-venture-for-circular-innovation-development-across-waste-and-industry\/\" style=\"\" rel=\"noopener\">press release<\/a>. The first phase of the facility, which will be located in 15 May City in Egypt, is expected to be operational by 2025. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART- <\/strong>Waste-to-value refers to the conversion of waste products into energy, industrial material, or consumer goods.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The JV \u2014 dubbed the Zero Carbon Green Planet (ZCGP) \u2014 will employ Zero Carbon Ventures-produced technology to process and convert 400 tons of waste per day into profitable substances upon its completion in 2027. The two companies first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f6c3663a-78de-409c-9ab4-0adfe8212eb8\" style=\"\" rel=\"noopener\">inked an agreement<\/a> last September for the project. <\/p>\n<p class=\"tag-border-left\"> TAX-<\/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.dubaichamber.com\/en\/home\/\" style=\"\" rel=\"noopener\">Dubai Chambers<\/a><\/strong><strong>and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.tax.gov.ae\/en\/\" style=\"\" rel=\"noopener\">Federal Tax Authority (FTA)<\/a><\/strong><strong> will work together to raise <\/strong><strong>awareness on UAE tax procedures and requirements <\/strong>through conferences, forums, and workshops, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/dubai-chambers-collaborates-with-federal-tax-authority-tfpqmhpi\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\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>DSCE to boost the retail fuel distribution sector: <\/strong>The Dubai Supreme Council ofEnergy (<a target=\"_blank\" href=\"https:\/\/dubaisce.gov.ae\/en\/\" style=\"\" rel=\"noopener\">DSCE<\/a>) greenlit during a meeting yesterday plans to roll out mobile fuel distribution vehicles across the UAE, in a bid to meet increased demand for retail fuel distribution, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/dubai-supreme-council-of-energy-adopts-strategic-initiatives-to-support-infrastructure-b4ej7zm3\" style=\"\" rel=\"noopener\">press release<\/a>. Dubai\u2019s Road and Transport Authority (RTA) said it will also be issuing accreditation certificates to entities and companies operating green vehicle fleets to up the number of eco-friendly cars in the local market.<\/p>\n<p class=\"tag-border-left\">FINANCE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi Global Market (ADGM) inked an MoU with Swiss nonprofit blockchain <\/strong><strong>organization <\/strong><strong><a target=\"_blank\" href=\"https:\/\/solana.org\/\" style=\"\" rel=\"noopener\">Solana Foundation<\/a><\/strong><strong> to expand blockchain services<\/strong>, ADGM said in a <a target=\"_blank\" href=\"https:\/\/www.adgm.com\/media\/announcements\/adgm-and-solana-foundation-forge-a-strategic-partnership\" style=\"\" rel=\"noopener\">press release<\/a>.<\/p>\n<p class=\"tag-border-left\">TRANSPORT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong><strong>Sharjah\u2019s Roads and Transport Authority and Ajman Transport Authority<\/strong><strong>signed an MoU to improve transportation services<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.sharjah24.ae\/en\/Articles\/2024\/02\/07\/Sharjah-Ajman-Transport-authorities-sign-MOU\" style=\"\" rel=\"noopener\">Sharjah24<\/a> reports. The agreement includes data exchange in transport and communications, collaboration in field studies, and providing supervisory, technical and media support, STRA chairman Youssef Al Othmani told Sharjah24.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- UK-based luxury ride-hailing startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/wheely.com\/en\" style=\"\" rel=\"noopener\">Wheely<\/a><\/strong><strong> has launched operations in Dubai<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/wheely.com\/en\/newsroom\/dubai-official-launch-2024\" style=\"\" rel=\"noopener\">press release<\/a>. The startup aims to generate 500 jobs in Dubai in the next 18-24 months and expand its regional team and chauffeur network to over 1k within 3-5 years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><i>CORRECTION- An old version of this section had the value of contracts Aldar Properties handed in 2023 at AED 22.03 tn; we have amended the story to reflect the <font face=\"Arial\">correct&nbsp;<\/font>figure.&nbsp;<\/i><\/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\/aldar-properties\/\">Aldar Properties<\/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\/commodities\/\">commodities<\/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\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/telecoms\/\">telecoms<\/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=\"88852\" 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=\"88852\">\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\/02\/08\/turkey-wealth-funds-debut-international-bond-issuance-was-14x-overscribed\/\">\r\n                            Turkey\u2019s sovereign wealth fund makes a successful debut international bond issuance                        <\/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\/02\/08\/turkey-wealth-funds-debut-international-bond-issuance-was-14x-overscribed\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The Turkey Wealth Fund reeled in some USD 7 bn in orders for its USD 500 mn USD-denominated bond issuance yesterday, according to a term sheet seen by the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/54c4823d-b5cd-4917-8c1b-fe7fc774f506\" style=\"\" rel=\"noopener\">Financial Times<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>Last week, President Recep Tayyip Erdogan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/20c6ce9a-50b2-42b8-bd8e-d74aeee82b4e\" style=\"\" rel=\"noopener\">appointed Fatih Karahan<\/a> to lead the country\u2019s central bank, replacing former governor Hafize Gaye Erkan, who stepped down just eight months into occupying the position. <\/p>\n<p><a target=\"_blank\" id=\"t.4a94046dea5d820cfebb89b076dd07f9bddb30c5\" rel=\"noopener\"><\/a><a target=\"_blank\" id=\"t.0\" rel=\"noopener\"><\/a> <\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,354<\/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: -2.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,161<\/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: +2.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">3,720<\/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: -3.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5.0% 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-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">12,165<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.8% (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>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\">27,905<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+2.3% (YTD: +12.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">4,995<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.8% (YTD: +4.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">7,629<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.7% (YTD: -1.4%)<\/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\">4,679<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: +3.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 79.21<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.8%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-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 1.97<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-2.1%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2,052<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-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 44,162<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+2.3% (YTD: +4.6%)<\/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 DFM rose 0.2% yesterday<\/strong> on turnover of AED 454.5 mn. The index is down 2.3% 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>International Financial Advisors (+9.5%), Mashreqbank (+5.1%) and Union Properties (+4.4%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Takaful Emarat (-9.9%), Shuaa Capital (-5.8%) and Gulf Navigation Holding (-2.9%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the ADX<\/strong>, the index closed up 0.2% on turnover of AED 1 bn, while Nasdaq Dubai rose 0.4%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- Asian shares are mixed this morning <\/strong>in early trading.The Kospi and Nikkei are comfortably in the green, but shares in Shanghai and Hong Kong are weakly in the red as traders look for direction and <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/02\/08\/asia-markets-largely-set-to-rise-ahead-ahead-of-chinas-inflation-numbers-and-indias-rate-decision.html\" style=\"\" rel=\"noopener\">wait for inflation numbers<\/a>. Futures suggest major European benchmarks will open largely in the green, with Paris\u2019 CAC 40 being the sole exception. And look for a weak open on Wall Street absent a change in momentum. <\/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\/bond-market\/\">bond market<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/turkey\/\">Turkey<\/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=\"88854\" 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\/02\/08\/88854-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88854\" class=\"content-area-description single-story post-88854 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\">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;\">1-15 February (Thursday-Thursday): InClassica Dubai International Music Festival 2024, Dubai Opera.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-29 February (Friday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rakart.ae\/2024-festival\" style=\"\">Ras Al Khaimah Art 2024 Festival<\/a><\/span><span style=\"font-weight:400;\">, Al Jazeera Al Hamra.<\/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;\">3-11 February (Saturday-Sunday): Mubadala Abu Dhabi Open, Zayed Sports City\u2019s International Tennis 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 February (Monday-Thursday): Medlab Middle East, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-8 February (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aeedc.com\/\" style=\"\">AEEDC Dubai 2024<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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;\">8-9 February (Thursday-Friday): International Crop-Science Conference & Exhibition 2024, JW Marriott, Marquis Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-11 February (Thursday- Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theuaetourwomen.com\/\" style=\"\">The UAE Tour Women<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">8-14 February (Thursday-Wednesday): UAE Innovates 2024, Ajman and Umm Al Quwain.<\/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>9-11 February (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.heroworldseries.com\/hero-abu-dhabi\" style=\"\">HERO Abu Dhabi<\/a><\/span><span style=\"font-weight:400;\">, Al Hudayriat Island. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight: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>12-14 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldgovernmentsummit.org\/\" style=\"\">World Government Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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>12-15 February (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/e1x3-42g7-krkg\" style=\"\">Future Warehouse & Logistics<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">15-25 February (Thursday-Sunday): FIFA Beach Soccer World Cup 2024, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-21 February (Thursday-Wednesday): UAE Innovates 20<\/span><span>24, Sharjah, Ras Al Khaimah, and Fujairah.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18 February (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/adsc.ae\/events\/run-ride-and-feel-alive-in-abu-dhabi\/\" style=\"\">Abu Dhabi Run and Ride<\/a><\/span><span>, Abu Dhabi Corniche.<\/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;\">19-23 February (Monday-Friday): Gulfood 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>20-21 February (Tuesday- Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.idctconference.org\/\" style=\"\">International Dialogue of Civilizations and Tolerance Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">22-24 February (Thursday-Saturday): International Freight Forwarders Conference 2024 Dubai, Hyatt Hotel.<\/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;\">22-29 February (Thursday-Thursday): UAE Innovates 2024, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">23-25 February (Friday-Sunday): Taste of Dubai Festival, Skydive 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;\">23 February-3 March (Friday-Sunday): Maritime Heritage Festival 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 February-3 March (Friday-Sunday): Sikka Art and Design Festival, 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;\">24 February (Saturday): Ras Al Khaimah Half Marathon, Al Marjan Island.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 February-2 March (Sunday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abudhabidesertchallenge.com\/\" style=\"\">Abu Dhabi Desert Challenge 2024<\/a><\/span><span style=\"font-weight:400;\">, Al Dhafra Region.<\/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>28-29 February (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/investopia.ae\/\" style=\"\">Third Investopia Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28 February - 1 March (Wednesday-Friday): MENA Transport Congress and Exhibition 2024, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">29 February-3 March (Thursday-Sunday): Gov Games, Dubai Festival City, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">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;\">1-3 March (Friday-Sunday): Art Dubai, Madinat Jumeirah. <\/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>5-7 March (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dealmiddleeastshow.com\/\" style=\"\">Dubai Entertainment Amusement & Leisure Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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>8-9 March (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abudhabi.triathlon.org\/#:~:text=Taking%20place%20on%208%2D9,and%20cycling%20races%3B%20and%20enjoy\" style=\"\">World Triathlon Championship Series 2024 Opening Race<\/a><\/span><span style=\"font-weight:400;\">, Yas Marina Circuit on Yas Island.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">11\/12 March (Monday\/Tuesday): Start of Ramadan.<\/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>TBC April: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/driftx_driftx-smartautonomoustechnology-urbanmobility-activity-7155243737772613633-c5C_\/\" style=\"\">DRIFTx<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">9\/10 April (Tuesday\/Wednesday): 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;\">8-12 April (Monday-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;\">16-18 April (Tuesday-Thursday): Middle East Energy, 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:400;\">24-26 April (Wednesday-Friday): Global Education & Training Exhibition.<\/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>6-7 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubaifintechsummit.com\/\" style=\"\">Dubai Fintech Summit 2024<\/a><\/span><span style=\"font-weight:400;\">, Madinat Jumeirah.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aimcongress.com\/\" style=\"\">AIM Congress<\/a><\/span><span style=\"font-weight:400;\"> 2024, 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;\">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>Adia\u2019s USD 4-5 bn India fund | Lunate, Blue Owl plan USD 3 bn mid-size asset managers fund | New IP framework | Earnings galore.<\/p>\n","protected":false},"featured_media":88831,"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-88830","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"4e96afb1-2686-4724-81b9-0c938bad0025","teaser":"Adia\u2019s USD 4-5 bn India fund | Lunate, Blue Owl plan USD 3 bn mid-size asset managers fund | New IP framework | Earnings galore.","photo_url":"https:\/\/ent.news\/2024\/1\/887.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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