{"id":89115,"date":"2024-02-16T00:00:00","date_gmt":"2024-02-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=89115"},"modified":"2025-12-14T23:30:54","modified_gmt":"2025-12-14T23:30:54","slug":"uae-and-saudi-arabia-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/uae-and-saudi-arabia-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east\/","title":{"rendered":"UAE and Saudi Arabia lead sovereign sustainability-linked bond issuance in the Middle East"},"content":{"rendered":"<section id=\"89117\" 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=\"89117\">\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\/16\/the-uae-wants-to-lead-on-ai-regulation-al-olama-says\/\">\r\n                            THIS MORNING: The UAE wants to lead on AI regulation, Al Olama says                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1558.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89118\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/the-uae-wants-to-lead-on-ai-regulation-al-olama-says\/1558-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1558.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1558.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1558.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1558.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89117\" class=\"content-area-description single-story post-89117 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-ai tag-dfm tag-enterpriseam-uae tag-omar-al-olama tag-palestine 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\/.48a23b1e-4aa0-4bc8-ba3b-f87682b0a493.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, wonderful people, and happy FRIDAY to you all. <\/strong>Thank you, one and all, for starting your morning with us \u2014 and forgive us, please, our being late this morning, but we\u2019ve had to do battle with gremlins. <\/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- The UAE is set to become the world\u2019s \u201chub for pragmatic [AI] regulation,\u201d<\/strong> AI Minister Omar Al Olama told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-15\/minister-backs-altman-s-idea-to-turn-uae-into-ai-testing-ground?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a>, stressing that it is \u201can opportunity I personally want to see happen, it is something we are going to push for.\u201d Al Olama echoed OpenAI CEO Sam Altman\u2019s comments from earlier this week at the World Government Summit that the Emirates could act as a \u201c <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-13\/openai-s-altman-says-uae-could-be-an-ai-sandbox-for-the-world\" style=\"\" rel=\"noopener\">regulatory sandbox<\/a> \u201d for AI, adding that Altman\u2019s comments prove the UAE is a \u201cserious player\u201d in that space. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- The UAE is keeping the door open for partnerships with China:<\/strong> While recognizing that the UAE\u2019 relationship with the US as a \u201cvery strong partner\u201d is foundational to the Emirates\u2019 tech infrastructure and will not change, the minister stated that the UAE could potentially strike partnerships with Chinese companies. \u201cI don\u2019t think you can say you need one and don\u2019t need the other,\u201d Al Olama said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Speaking of AI: <\/strong>The Financial Times\u2019 big read this morning wonders <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/6314d78d-81f3-43f5-9daf-b10f3ff9e24f\" style=\"\" rel=\"noopener\">Can OpenAI create<\/a><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/6314d78d-81f3-43f5-9daf-b10f3ff9e24f\" style=\"\" rel=\"noopener\">superintelligence before it runs out of cash?<\/a> Consider it a morning must-read if you, like us, are a tech nerd with more questions than answers about what\u2019s next. The piece offers no sweeping framework, but consider it another (necessary) brick in the wall. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The UAE and Saudi Arabia would support new Palestinian leadership post-war<\/strong> on the condition that Israel agrees to the establishment of an independent Palestinian state, the <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/02\/14\/world\/middleeast\/mohammed-dahlan-interview-gaza-uae.html\" style=\"\" rel=\"noopener\">New York Times<\/a> reports. The two governments would fund reconstruction of Gaza, while other Arab nations would provide peacekeeping troops.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND-<\/strong> Israel withdrew from negotiations this week and will not return to the negotiation table without \u201ca change in Hamas\u2019 positions,\u201d after Prime Minister Benjamin Netanyahu dismissed Hamas\u2019 ceasefire proposal as \u201cdelusional,\u201d <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-14\/israel-pulls-out-of-peace-talks-over-delusional-hamas-demands?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. <\/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\">!_Anchor05-! <a id=\"wwtt2\"><\/a> <strong>#1- The DFM rose to its highest level in a decade yesterday, continuing its upward <\/strong><strong>trajectory for the fifth consecutive session<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.albayan.ae\/economy\/uae\/2024-02-15-1.4820763\" style=\"\" rel=\"noopener\">Al Bayan<\/a> reports. The market index climbed 0.37%, its highest level since 30 November, 2014, bolstered by a run of upbeat 2023 earnings from companies and banks. The market saw turnover of over AED 785 mn. <\/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- Dubai International Airport (DXB) is on track to be the world\u2019s busiest in February, <\/strong>with 4.7 mn booked seats for the month, OAG said in a <a target=\"_blank\" href=\"https:\/\/www.oag.com\/busiest-airports-world\" style=\"\" rel=\"noopener\">monthly report<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong><strong>The Middle East\u2019s space economy could hit USD 75 bn by 2032<\/strong>, up 200% from the current USD 25 bn market valuation, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/uae\/wgs-2024-middle-east-space-industry-expected-to-touch-us75-billion-by-2032-1.101048668\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports, citing figures circulated by several space industry players during a panel discussion entitled \u201cPotential of the Space Sector in the Middle East\u201d at the World Governments Summit. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The Middle East is expected to take the lead in global AI investments in 2024<\/strong>, with 93% of C-suite executives intending to boost spending on AI and generative AI (GenAI) this year, according to a recent Boston Consulting Group (BCG) survey picked up by <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/economy\/gcc\/middle-east-emerges-as-global-leader-in-ai-investments-in-2024-bcg-yibul3cy\" style=\"\" rel=\"noopener\">Zawya<\/a>. The survey reports that 54% of Middle Eastern executives are directing their AI and GenAI efforts towards practical applications, moving beyond experimentation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The region is also ahead in GenAI education<\/strong>, although only 11% of executives noted that more than 25% of their workforce had received GenAI training. The survey involved 1,406 C-level executives across 50 markets and 14 industries.<\/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>Continuing this week\u2019s theme: It\u2019s all politics, not business<\/strong>, in the global business press, with Gaza at the top of the page and Europe\u2019s collective freakout about Donald Trump\u2019s would-be defense policy still not far behind. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On Gaza:<\/strong> Joe Biden has again told Israel not to attack Rafah unless there is a plan in place to \u201cprotect civilians,\u201d <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-16\/biden-warns-netanyahu-on-attack-without-civilian-protections\" style=\"\" rel=\"noopener\">Bloomberg<\/a> writes. Egypt, meanwhile, is reportedly making contingency plans in case Benjamin Netanyahu forces thousands of Palestinian refugees across the border, according to an exclusive in the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/egypt-builds-walled-enclosure-on-border-as-israeli-offensive-looms-e5c12043?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On defense policy: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/66606e2c-0b5a-493e-af59-d24436d0fd72\" style=\"\" rel=\"noopener\">Financial Times<\/a> leads with an exclusive interview in which European Commission President Ursula von der Leyen calling for <strong>the EU to subsidize defense production<\/strong> to prepare for a \u201crougher world.\u201d <\/p>\n<p class=\"tag-border-left\">PUBLIC SERVICE ANNOUNCEMENT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>You can now access Ajman Chamber of Commerce\u2019s services through an app, <\/strong>according to <a target=\"_blank\" href=\"https:\/\/twitter.com\/Ajman_Chamber\/status\/1757313163291136122?s=20\" style=\"\" rel=\"noopener\">a post on X<\/a>. The Ajman Chamber application will allow customers to pay for the chamber\u2019s services through digital channels. It will also serve as a communication platform, informing the chamber\u2019s customers about its latest news and upcoming events. Check out the app on <a target=\"_blank\" href=\"https:\/\/apps.apple.com\/az\/developer\/ajmanchamber\/id793800605\" style=\"\" rel=\"noopener\">iOS<\/a> or <a target=\"_blank\" href=\"https:\/\/play.google.com\/store\/apps\/developer?id=Ajman+Chamber+of+Commerce+and+Industry&hl=en&gl=US\" style=\"\" rel=\"noopener\">Android<\/a>.<\/p>\n\n<p class=\"tag-border-left\"> HAPPENING THIS WEEKEND-<br \/><strong>#1- Global champs are coming to the Dubai Dutyfreee Championships: <\/strong>World No.1 <strong>Iga <\/strong><strong>Swatiek<\/strong>, former World No. 1 Tennis champion <strong>Naomi Osaka<\/strong>, and two-time Australian Open champion <strong>Aryna Sabalenka<\/strong> will compete in the Dubai Dutyfree Tennis Championships, which kicks off next Sunday, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/sports\/osaka-joins-glittering-roster-at-dubai-duty-free-tennis-championships\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports. The World Tennis Association tour event will run until 2 March. <a target=\"_blank\" href=\"http:\/\/www.dubaidutyfreetennischampionships.com\" style=\"\" rel=\"noopener\">You can buy tickets for both the women\u2019s WTA tournament and the men\u2019s ATP here.<br \/><\/a> <\/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:\/\/www.fifa.com\/fifaplus\/en\/tournaments\/mens\/beachsoccerworldcup\/united-arab-emirates-2024\" style=\"\" rel=\"noopener\">FIFA Beach Soccer World Cup<\/a><\/strong><strong> 2024<\/strong><strong>is underway at Dubai International Stadium<\/strong>, wrapping on Sunday, 25 February. The tournament sees 16 beach soccer teams, including the United Arab Emirates, battling it out for this year's cup.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong><strong>The Shams Creative Fest is underway at the Shams Business Center in Sharjah<\/strong>, and will wrap Sunday, <a target=\"_blank\" href=\"https:\/\/www.sharjah24.ae\/en\/Articles\/2024\/02\/09\/Shams-Creative-Fest-kicks-off-on-February-16-18\" style=\"\" rel=\"noopener\">Sh<\/a><a target=\"_blank\" href=\"https:\/\/www.sharjah24.ae\/en\/Articles\/2024\/02\/09\/Shams-Creative-Fest-kicks-off-on-February-16-18\" style=\"\" rel=\"noopener\">arjah24<\/a> reports. The festival \u2014 which includes arts and musical events, cultural and entertainment workshops, and competitions \u2014 aims to support small and medium-sized projects and entrepreneurs and help them access local and regional markets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/dimc.ae\/\" style=\"\" rel=\"noopener\">Dubai International Marine Sports Club (DIMC)<\/a><\/strong><strong> will host the Dubai race for 60 ft sail <\/strong><strong>ships <\/strong><strong>on Saturday, 17 February<\/strong>. The race comes months before DIMC\u2019s Al Gaffal 60 ft traditional dhow sailing race, which sees sail ships sail from Sir Bu Nair Island to the shores of Dubai in April.<br \/><strong>#5- The Bassam Freiha Art Foundation will open its doors to the public on <\/strong><strong>Monday, 4 March in <\/strong><strong>Abu Dhabi\u2019s Saadiyat Cultural District, <\/strong>according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/arts-culture\/bassam-freiha-art-foundation-opens-with-echoes-of-the-orient-exhibition\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The private art foundation will kick off an inaugural exhibition featuring pieces from both Western and Arab artists. <\/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:\/\/thepresidentcup.ae\/\" style=\"\" rel=\"noopener\">UAE President Cup for Purebred Arabian Horses<\/a><\/strong><strong> takes place this Saturday<\/strong> at the Abu Dhabi Equestrian Club. The event will see seven races, and marks one of the largest gatherings of purebred Arabian horses in the world.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7-<\/strong><strong> UAE Innovates 2024 resumes in Sharjah, Fujairah and Ras Al Khaimah<\/strong>, before its final stop in Dubai next Thursday, reports state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/b1fg748-uae-innovates-2024-nationwide-celebration\" style=\"\" rel=\"noopener\">Wam<\/a>.<\/p>\n<p class=\"tag-border-left\">HAPPENING NEXT WEEK- <\/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\">CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The world's largest F&B event, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gulfood.com\/\" style=\"\" rel=\"noopener\">Gulfood 2024<\/a><\/strong><strong>,<\/strong><strong> returns to Dubai World Trade Centre<\/strong>. Running from Monday to Friday, 23 February, the event will bring together suppliers, distributors, and chefs, to discuss the future of F&B.<\/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.idctconference.org\/\" style=\"\" rel=\"noopener\">International Dialogue of Civilizations and Tolerance Conference<\/a><\/strong><strong> takes place on <\/strong><strong>Tuesday<\/strong>, 20 February, and will last until Wednesday at the Abu Dhabi National Exhibition Centre.<\/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, 29 <\/strong><strong>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>Beyond Global Trade opens its doors on Thursday, March 7<\/strong> at the Edition Hotel in Dubai, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/al-tamimi-%26-company_al-tamimi-company-in-collaboration-with-activity-7163393924525506560-cmNz\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">LinkedIn statement<\/a>. The event \u2014 held in collaboration between the Economy Ministry, LexisNexis and law firm Al Tamimi \u2014 will see speakers from the UAE government, the United Nations Commission on International Trade Law, and Emirati businesses discuss trade and tech, including digital trade, e-commerce, data protection, and consumer rights. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MIT-backed family business course coming to DIFC in June:<\/strong><a target=\"_blank\" href=\"https:\/\/www.difc.ae\/\" style=\"\" rel=\"noopener\">Dubai International<\/a><a target=\"_blank\" href=\"https:\/\/www.difc.ae\/\" style=\"\" rel=\"noopener\">Financial<\/a><a target=\"_blank\" href=\"https:\/\/www.difc.ae\/\" style=\"\" rel=\"noopener\">Centre (DIFC)<\/a> \u2019s Family Wealth Centre and Massachusetts-based university <a target=\"_blank\" href=\"https:\/\/exec.mit.edu\/s\/\" style=\"\" rel=\"noopener\">MIT Sloan Executive Education<\/a> will hold a three-day family business-focused higher education training program in Dubai between 24 and 26 June, according to a DIFC <a target=\"_blank\" href=\"https:\/\/www.difc.ae\/whats-on\/news\/difc-family-wealth-centre-and-mit-sloan-executive-education\" style=\"\" rel=\"noopener\">statement<\/a>. Participants will obtain an MIT Sloan School of Management Certificate of Completion after completing the program. You can register for the course <a target=\"_blank\" href=\"https:\/\/academy.difc.ae\/school-of-finance-management\/mit-dfwc-sustaining-family-business-success\" 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>Adnec Group has launched its Tanfeeth Innovation Accelerator Program<\/strong>, aiming to foster innovative solutions for operational challenges within the group, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1n6tqt-adnec-group-launches-5th-tanfeeth-innovation\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Employees from all seven clusters can participate, proposing solutions to enhance commercial performance. The closing session in March 2024, led by CEO Humaid Al Dhaheri, will feature presentations judged by executives. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mobility startups can pitch their ideas for sustainable transportation solutions<\/strong> at Dubai\u2019s <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/road-and-transport-authority_rta-activity-7163781580728082432-vFBz\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Roads and Transport Authority\u2019s Startups Challenge<\/a>, held concurrently with <a target=\"_blank\" href=\"https:\/\/uaeinnovates.gov.ae\/\" style=\"\" rel=\"noopener\">UAE Innovates<\/a>, starting February 26. You can register for the challenge by sending a nomination request <a target=\"_blank\" href=\"mailto:Innovation@rta.ae\" 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>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.menatransport.org\/website\/3387\/\" style=\"\" rel=\"noopener\">MENA Transport Congress and Exhibition<\/a><\/strong><strong> 2024 is set to take place from 28 February <\/strong><strong>to 1 March at the Dubai World Trade Centre<\/strong>. Look for 2k attendees and 65 speakers, including industry leaders, researchers, and government officials to be in attendance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dfm\/\">DFM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/omar-al-olama\/\">Omar Al Olama<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/palestine\/\">Palestine<\/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=\"89119\" 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=\"89119\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/uae-and-ksa-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east\/\">\r\n                            UAE and KSA lead sovereign sustainability-linked bond issuance in the Middle East                        <\/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\/16\/uae-and-ksa-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east\/\" 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\/16\/uae-and-ksa-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east\/')\">\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\/16\/uae-and-ksa-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE and KSA lead sovereign sustainability-linked bond issuance in the Middle East&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/uae-and-ksa-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east\/\">\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\/16\/uae-and-ksa-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east\/&title=UAE and KSA lead sovereign sustainability-linked bond issuance in the Middle East\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE+and+KSA+lead+sovereign+sustainability-linked+bond+issuance+in+the+Middle+East+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F16%2Fuae-and-ksa-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east%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\/16\/uae-and-ksa-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1549.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89120\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/uae-and-ksa-lead-sovereign-sustainability-linked-bond-issuance-in-the-middle-east\/1549-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1549.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1549.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1549.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1549.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89119\" class=\"content-area-description single-story post-89119 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-enterpriseam-uae tag-green-bonds tag-sp-global tag-sustainability 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\/.1a491ca8-adb3-40c9-a78d-cd904b755501.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The UAE and Saudi Arabia are on track to remain the largest issuers of <\/strong><strong>sovereign green bonds in the region in 2024<\/strong>, according to a recent <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1547.pdf\" style=\"\" rel=\"noopener\">S&P Global report (pdf)<\/a>. This will be driven by both government bodies and state-owned companies looking to meet net zero targets, the report said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Green, social, sustainability, and sustainability-linked bond (GSSSB) issuance in the <\/strong><strong>Middle East reached a record USD 23 bn in 2023<\/strong>, doubling since 2022. This represents less than 3% of global issuance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sustainable sukuk issuances are expected to grow amid increased<\/strong><strong>investor demand <\/strong>and efforts by Islamic finance countries to reduce carbon footprints, S&P said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Most bond proceeds go towards renewable energy and hydrogen projects in the region<\/strong>,the report said. Investments in projects addressing water scarcity and heat waves are also anticipated to continue to drive issuance this year, the report added, cautioning that the extent of progress largely hinges on the pace of decarbonization strategies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The global stocktake: <\/strong>On a global scale, sovereign issuance is poised for another uptick in 2024, with S&P Global forecasting issuances to reach between USD 950 bn and USD 1.1 tn, propelled by robust national sustainability commitments and external backing. Issuances came in at USD 980 bn in 2023, with notable contributors like the UK, Germany, and Italy each surpassing USD 10 bn in issuances.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Out of all GSSSB issuances, green bonds will continue to reign supreme <\/strong>amid growing demand for environmental projects. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sp-global\/\">S&amp;P Global<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sustainability\/\">sustainability<\/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=\"89121\" 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=\"89121\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/marketing-platform-digital-tree-secures-majority-stake-in-platx\/\">\r\n                            Cyprus\u2019 Digital Tree secures majority stake in PlatX                        <\/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\/16\/marketing-platform-digital-tree-secures-majority-stake-in-platx\/\" 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\/16\/marketing-platform-digital-tree-secures-majority-stake-in-platx\/')\">\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\/16\/marketing-platform-digital-tree-secures-majority-stake-in-platx\/\">\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=Marketing platform Digital Tree secures majority stake in PlatX&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/marketing-platform-digital-tree-secures-majority-stake-in-platx\/\">\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\/16\/marketing-platform-digital-tree-secures-majority-stake-in-platx\/&title=Marketing platform Digital Tree secures majority stake in PlatX\">\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=Marketing+platform+Digital+Tree+secures+majority+stake+in+PlatX+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F16%2Fmarketing-platform-digital-tree-secures-majority-stake-in-platx%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\/16\/marketing-platform-digital-tree-secures-majority-stake-in-platx\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89122\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/marketing-platform-digital-tree-secures-majority-stake-in-platx\/1201-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1201.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89121\" class=\"content-area-description single-story post-89121 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-ai tag-enterpriseam-uae tag-ma-watch tag-platx tag-startups 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\/.df335c00-cdfd-47c3-9193-23828a065b00.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Cypriot digital marketing platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/digitaltree.com.cy\/\" style=\"\" rel=\"noopener\">Digital Tree<\/a><\/strong><strong> has completed its acquisition of a majority stake in <\/strong><strong>Dubai-based <\/strong><strong>IT and AI services provider <\/strong><strong><a target=\"_blank\" href=\"https:\/\/platx.digital\/\" style=\"\" rel=\"noopener\">PlatX<\/a><\/strong><strong> for an undisclosed sum<\/strong>, according to a company <a target=\"_blank\" href=\"https:\/\/digitaltree.com.cy\/news\/platx-joins-digital-tree-dubai\" style=\"\" rel=\"noopener\">statement<\/a>. Digital Tree plans to use PlatX\u2019s AI-powered customer relations management solutions to fuel its expansion in the Middle East.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cBy combining forces [...] we can offer an end-to-end, holistic solution across the modern user journey combining digital, social, voice, and data channels,\u201d said Digital Tree CEO Phanos Demetriou.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PlatX\u2019s offerings include AI, voice, and data automation<\/strong>, with omnichannel platforms that integrate chatbots, speech analytics and CRM software, according to its <a target=\"_blank\" href=\"https:\/\/platx.digital\/products\" style=\"\" rel=\"noopener\">website<\/a>. <\/p>\n<p class=\"tag-border-left\">IN OTHER M&A NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s<\/strong><strong><a target=\"_blank\" href=\"https:\/\/nodwingaming.com\/\" style=\"\" rel=\"noopener\">Nodwin Gaming<\/a><\/strong><strong> to acquire Dubai-based Ninja Global: <\/strong>Indian gaming company <a target=\"_blank\" href=\"https:\/\/www.nazara.com\/\" style=\"\" rel=\"noopener\">Nazara<\/a><a target=\"_blank\" href=\"https:\/\/www.nazara.com\/\" style=\"\" rel=\"noopener\">Technologies<\/a> subsidiary Nodwin has acquired 100% ofDubai-based gaming company Ninja Global, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1512.pdf\" style=\"\" rel=\"noopener\">bourse disclosure (pdf)<\/a>. The acquisition will help Nodwin expand its footprint in the Middle East and Turkey region, and sets it up to expand to Central Asia. The value of the acquisition was not disclosed. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/platx\/\">PlatX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startups\/\">startups<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89123 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=\"89123\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/89123-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89123\" class=\"content-area-description single-story post-89123 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\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=\"89124\" 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=\"89124\">\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\">INFRASTRUCTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/abu-dhabi-shenzhen-are-now-twin-cities-heres-what-that-means\/\">\r\n                            Abu Dhabi + Shenzhen are now twin cities. Here\u2019s what that means.                        <\/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\/16\/abu-dhabi-shenzhen-are-now-twin-cities-heres-what-that-means\/\" 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\/16\/abu-dhabi-shenzhen-are-now-twin-cities-heres-what-that-means\/')\">\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\/16\/abu-dhabi-shenzhen-are-now-twin-cities-heres-what-that-means\/\">\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=Abu Dhabi + Shenzhen are now twin cities. Here\u2019s what that means.&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/abu-dhabi-shenzhen-are-now-twin-cities-heres-what-that-means\/\">\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\/16\/abu-dhabi-shenzhen-are-now-twin-cities-heres-what-that-means\/&title=Abu Dhabi + Shenzhen are now twin cities. Here\u2019s what that means.\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Abu+Dhabi+%2B+Shenzhen+are+now+twin+cities.+Here%E2%80%99s+what+that+means.+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F16%2Fabu-dhabi-shenzhen-are-now-twin-cities-heres-what-that-means%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\/16\/abu-dhabi-shenzhen-are-now-twin-cities-heres-what-that-means\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1553.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89125\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/abu-dhabi-shenzhen-are-now-twin-cities-heres-what-that-means\/1553-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1553.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1553.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1553.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1553.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89124\" class=\"content-area-description single-story post-89124 post type-post status-publish format-standard has-post-thumbnail hentry category-infrastructure tag-abu-dhabi tag-china tag-department-of-municipalities-and-transport tag-enterpriseam-uae tag-huawei tag-infrastructure tag-transport tag-uae-china-ties 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\/.88fee274-f355-4316-bc2d-739a2a8f4484.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abu Dhabi has smart city ambitions, and China will help make them happen: <\/strong>Abu Dhabi and Shenzhen inked a twin cityagreement at the Abu Dhabi x Shenzhen Innovation Forum (ADSZIF), according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/infrastructure\/abu-dhabi-city-and-chinas-shenzhen-sign-strategic-twin-city-agreement\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The agreement will see the two cities collaborate on infrastructure, city planning, green mobility, tech, and sustainability. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agreement is a commitment to work together on knowledge sharing and developing new infrastructure and transport systems <\/strong>to help make the two cities smarter and more advanced. \u201cWe are confident that the agreements signed during the forum will ensure our two world-class cities become even more attractive to citizens, visitors, businesses, and investors,\u201d Chairman of Abu Dhabi\u2019s Department of Municipalities and Transport Mohamed Ali Al Shorafa said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The forum also saw Abu Dhabi ink several other agreements <\/strong>with Chinese companies and authorities, including:<\/p>\n<ul>\n<li><strong>Establishing a laboratory and intelligent mobility command and control center in Abu Dhabi<\/strong> to monitor traffic, manage community events, and manage the city\u2019s land, sea, air and rail transport networks, in cooperation with Shenzhen Urban Transport Planning Centre;<\/li>\n<li><strong>Exploring the development of a green bus depot and hydrogen complex<\/strong> to power hydrogen buses and cars by 2025, in partnership with Hong Kong private equity firm <a target=\"_blank\" href=\"https:\/\/www.templewater.com\/\" style=\"\" rel=\"noopener\">Templewater<\/a> ;<\/li>\n<li><strong>Strengthening Abu Dhabi\u2019s IT sector and data centers<\/strong>, as well as <strong>exploring mobility solutions<\/strong> and <strong>developing a smart transport network<\/strong>, including a holographic road network, vehicle chargers, and autonomous driving, with the help of Huawei Technologies;<\/li>\n<li><strong>Decarbonizing and digitizing Abu Dhabi\u2019s public transport sector<\/strong> with <a target=\"_blank\" href=\"https:\/\/www.kmb.hk\/\" style=\"\" rel=\"noopener\">Kowloon Motor Bus Company<\/a>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/abu-dhabi\/\">Abu Dhabi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/department-of-municipalities-and-transport\/\">Department of Municipalities and Transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/huawei\/\">Huawei<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-china-ties\/\">UAE-China ties<\/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=\"89126\" 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=\"89126\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/earnings-watch-ad-ports-americana-group-difc-union-properties-and-more\/\">\r\n                            Earnings watch: AD Ports, Americana Group, DIFC, Union Properties and more                        <\/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        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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/earnings-watch-ad-ports-americana-group-difc-union-properties-and-more\/\">\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=Earnings watch: AD Ports, Americana Group, DIFC, Union Properties and more&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/earnings-watch-ad-ports-americana-group-difc-union-properties-and-more\/\">\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\/16\/earnings-watch-ad-ports-americana-group-difc-union-properties-and-more\/&title=Earnings watch: AD Ports, Americana Group, DIFC, Union Properties and more\">\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=Earnings+watch%3A+AD+Ports%2C+Americana+Group%2C+DIFC%2C+Union+Properties+and+more+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F16%2Fearnings-watch-ad-ports-americana-group-difc-union-properties-and-more%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\/16\/earnings-watch-ad-ports-americana-group-difc-union-properties-and-more\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1127.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89127\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/earnings-watch-ad-ports-americana-group-difc-union-properties-and-more\/1127-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1127.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1127.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1127.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1127.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89126\" class=\"content-area-description single-story post-89126 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-ad-ports tag-al-buhaira-national-insurance tag-americana tag-dubai-international-financial-center tag-earnings-watch tag-enterpriseam-uae tag-salama tag-union-properties 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\/.c669ba1b-89aa-45f3-8c04-8ebcd9b88da6.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE-based port operator <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/\" style=\"\" rel=\"noopener\">AD Ports Group<\/a><\/strong><strong> saw its bottom line inch up 6% y-o-y to<\/strong><strong>AED 1.36 bn in 2023<\/strong> on the back of strong performance in its shipping and maritime, ports, and logistics sectors,according to the company\u2019s latest preliminary <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2024\/02\/14\/ad-ports-group-reports-strong-operational-and-financial-performance-in-2023\" style=\"\" rel=\"noopener\">earnings release<\/a>. The company\u2019s topline more than doubled, surging 112 % y-o-y to AED 11.68 bn in the same period. The completion of five new acquisitions also buoyed performance, the company added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the downside: <\/strong>Higher depreciation and amortization costs, along with finance costs and taxes, weighed on performance, the company said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>4Q figures: <\/strong>The port operator\u2019s net income fell 17% y-o-y to AED 285 mn due to \u201cextraordinary one-off items,\u201d it said. Revenues more than doubled to AED 3.57 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Red Sea disruptions are expected to boost demand in 2024:<\/strong> Disruptions to regional trade routes have caused a spike in volumes and freight rates, with sustained disruptions expected to have a \u201cknock-on effect\u201d on the company\u2019s operations, the statement said, without providing further details. \u201cThe increased transit time of around two weeks for vessels on the main East-West trade lane, rerouted through the Cape of Good Hope, has resulted in a stronger demand for tonnage,\u201d AD Ports said, adding that this is boosting ocean freight prices. <\/p>\n<p class=\"tag-border-left\">AMERICANA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Americana posts flat growth<\/strong>: F&B giant <a target=\"_blank\" href=\"https:\/\/www.americanarestaurants.com\/\" style=\"\" rel=\"noopener\">Americana<\/a> \u2019s net income attributable to shareholders remained flat in 2023 at USD 259.5 mn (AED 953 mn), according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1525.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The firm\u2019s revenues inched up 1.5% y-o-y to USD 2.41 bn (AED 8.86 bn), driven by a \u201crecord 300 gross new store openings,\u201d according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s FX crunch + regional tensions weighed:<\/strong> \u201cThe company demonstrated resilient performance, despite USD 106 mn (AED 389 mn) impact of unfavorable foreign exchange movements, especially in Egypt, and impact on business during the fourth quarter due to recent regional geopolitical tensions,\u201d the company said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-29\/kfc-pizza-hut-mideast-operator-cuts-jobs-after-revamp-boycott\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last month that Americana has slashed nearly 100 jobs (most of them in Dubai) as it both restructures and faces the impact of a consumer boycott of its brands that came after the start of Israel\u2019s war in Gaza.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Americana will pay out<\/strong><strong>USD 130 mn in dividends for the year, in addition to a one-time <\/strong><strong>USD 50 mn dividend,<\/strong> to be approved by the company\u2019s board. <\/p>\n<p class=\"tag-border-left\"> DIFC- <\/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.difc.ae\/\" style=\"\" rel=\"noopener\">Dubai International Financial Centre<\/a><\/strong><strong> (DIFC) saw its operating income jump 27% <\/strong><strong>y-o-y to AED 859 mn in 2023<\/strong>, the freezone said in a <a target=\"_blank\" href=\"https:\/\/www.difc.ae\/whats-on\/news\/difcs-20th-anniversary-takes-flight-with-strong-contribution-to-dubais-economy\" style=\"\" rel=\"noopener\">press release<\/a>. DIFC\u2019s combined revenues hit AED 1.3 bn, up 23% y-o-y, while its assets rose 18% y-o-y to AED 18 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DIFC\u2019s company registrations jumped 34% y-o-y<\/strong>, with 1.4k companies registering to set up shop in the freezone. The record growth in registrations was \u201csupported by both financial and innovation companies and non-financial companies,\u201d <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/dubais-difc-says-company-registrations-up-34-last-year-2024-02-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing DIFC Governor Essa Kazim. The number of active companies in DIFC grew 26% y-o-y to over 5.5k companies, with fintech and innovation firms accounting for 902 this year in total.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Demand is expected to remain strong<\/strong>, \u201cunderpinned by limited supply entering the market and strong demand from international occupiers looking to set up in the region, such as banks and wealth managers,\u201d co-head of Industrial and Logistics UAE at Knight Frank consultancy in Dubai Adam Wynne told Reuters. <\/p>\n<p class=\"tag-border-left\">UNION PROPERTIES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Motor City developer Union Properties' recorded a net income of AED 811 mn in <\/strong><strong>2023<\/strong>, marking a 2607% y-o-y increase, driven by a successful turnaround strategy focusing on cost efficiencies and debt restructuring, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1554.pdf\" style=\"\" rel=\"noopener\">earrings release (pdf)<\/a>.The company\u2019s revenues rose 21% y-o-y to AED 508 mn, attributed to improved performance in subsidiaries and ongoing growth in the UAE real estate sector, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1555.pdf\" style=\"\" rel=\"noopener\">preliminary financial results (pdf)<\/a> <strong>. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>Earlier this week, Union Properties announced that it had successfully <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/fa6bce34-6587-4884-962e-4e7462ca4dae\" style=\"\" rel=\"noopener\">resolved a series of debt and land repurposing issues<\/a> with Dubailand and Emirates NBD.<\/p>\n<p class=\"tag-border-left\">OTHER EARNINGS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ins. provider <\/strong><strong><a target=\"_blank\" href=\"https:\/\/salama.ae\/\" style=\"\" rel=\"noopener\">Salama<\/a><\/strong><strong> recorded a net loss of AED 43.5 mn in 2023<\/strong>, after netting a bottom line of AED 35.4 mn in 2022, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1513.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The company attributes the losses to a \u201cgoodwill impairment of AED 36.1 mn\u201d driven by Egyptian currency depreciation, plus a \u201cone-time loss of AED 28.02 mn\u201d from an unrecovered fire ins. claim. Excluding the impairment and one-off loss, net income would have come in at AED 20.6 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ins. revenues rose 20.3% y-o-y to AED 1.11 bn during the period<\/strong>, according to the release.<\/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:\/\/albuhaira.com\/\" style=\"\" rel=\"noopener\">Al Buhaira National Ins.<\/a><\/strong><strong> lowered its net losses by 27% y-o-y to AED 48.4 mn in <\/strong><strong>2023<\/strong>, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1542.pdf\" style=\"\" rel=\"noopener\">preliminary results (pdf)<\/a>. The company\u2019s revenues grew 36.5% during the period to AED 1.2 bn.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/al-buhaira-national-insurance\/\">Al Buhaira National insurance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/americana\/\">Americana<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai-international-financial-center\/\">Dubai International Financial Center<\/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\/salama\/\">Salama<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/union-properties\/\">Union Properties<\/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=\"89128\" 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=\"89128\">\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\">KUDOS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/adx-hands-out-recognition-awards-to-efg-hermes-hsbc-bhm-capital-and-more\/\">\r\n                            ADX hands out recognition awards to EFG Hermes, HSBC, BHM Capital and more                        <\/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\/16\/adx-hands-out-recognition-awards-to-efg-hermes-hsbc-bhm-capital-and-more\/\" 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 brokerages were recognized for their \u201ccontribution towards the growth and development of Abu Dhabi\u2019s capital market and investor participation,\u201d the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also receiving awards from the ADX: <\/strong><\/p>\n<ul>\n<li>FAB Securities<\/li>\n<li>International Securities<\/li>\n<li>Al Ramz Capital<\/li>\n<li>Q Market Maker <\/li>\n<li>ADIB Securities<\/li>\n<li>BHM Capital<\/li>\n<li>Al Dar Shares & Bonds <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adx\/\">ADX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/bhm-capital\/\">BHM Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/efg-hermes\/\">EFG Hermes<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/hsbc\/\">HSBC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/kudos\/\">KUDOS<\/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=\"89130\" 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=\"89130\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/al-sharif-named-head-of-global-corporate-and-investment-banking-at-mufg\/\">\r\n                            Mitsubishi UFJ Financial Group appoints new MENA head for global corporate and investment banking                        <\/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 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     <\/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\/16\/al-sharif-named-head-of-global-corporate-and-investment-banking-at-mufg\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1522.JPG?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89131\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/al-sharif-named-head-of-global-corporate-and-investment-banking-at-mufg\/1522-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1522.JPG?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1522.JPG\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1522.JPG?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1522.JPG?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89130\" class=\"content-area-description single-story post-89130 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-banking tag-enterpriseam-uae tag-mitsubishi-ufj-financial-group tag-moves 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\/.884640b9-ec2f-4142-96fb-95148bf82a7d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>MUFG gets a new regional head for its GBCI department: <\/strong>Japan\u2019s Mitsubishi UFJ financial group (<a target=\"_blank\" href=\"https:\/\/www.mufgemea.com\/\" style=\"\" rel=\"noopener\">MUFG<\/a>) has promoted <strong>Wael Al Sharif<\/strong> (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/wael-al-sharif-44a09642\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) to be its head of global corporate and investment banking for the Middle East and North Africa, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1523.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. nAl Sharif was previously deputy head of the unit. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">He succeeds <strong>Elyas Al Gaseer<\/strong> (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/elyas-al-gaseer-43481767\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), who had led the unit since 2013 and who will become the vice chair for corporate and investment banking with a focus of advisory the bank\u2019s senior clients across the MENA. Al Sharif\u2019s promotion is effective 1 April; he will remain based in Dubai. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Recent track record: <\/strong>MUFG\u2019s global corporate and investment banking team has a proven track record in aviation (including arranging a USD 2.1 bn bridge facility for AviLease\u2019s acquisition of StanChart\u2019s aviation leasing platform), as well as project finance, and debt capital markets, including suskuk and ESG-linked transactions. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mitsubishi-ufj-financial-group\/\">Mitsubishi UFJ Financial Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89132\" 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=\"89132\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">TRENDING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/the-fifa-beach-soccer-world-cup-kicks-off-in-dubai\/\">\r\n                            The FIFA beach soccer World Cup kicks off in Dubai                        <\/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\/16\/the-fifa-beach-soccer-world-cup-kicks-off-in-dubai\/\" 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 opening matches saw Tahiti beat Argentina 4-3, USA lose 3 goals to 1, and Iran beat Spain 3-1 in penalties.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/football\/\">football<\/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=\"89134\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n    <div class=\"issue-sponsor-slides-div\">\r\n        \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43010.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/20607.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            \r\n            <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/43009.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/hap.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/20617.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>From OUR FAMILY to YOURS<\/span>\r\n                <\/div>\r\n            <\/div>\r\n                <\/div>\r\n    <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89135\" 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=\"89135\">\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\">UAE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/g42-severed-ties-with-china-for-commercial-and-technological-reasons\/\">\r\n                            G42 severed ties with China for commercial and technological reasons                        <\/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\/16\/g42-severed-ties-with-china-for-commercial-and-technological-reasons\/\" 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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Seeking to partner with the \u201cbest in class [\u2026] to accelerate the delivery of AI capabilities,\u201d the IHC-backed tech and AI company made the decision to \u201cwork very closely with US partners,\u201d Evtimov said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> G42 recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/edition\/am\/45bff422-6aef-41f5-bd13-0fce03beb4d9\/Real-estate-market-growth-will-be-driven-by-expats-%2B-HNWI,-Markaz-suggests#:~:text=Did%20G42%20offload,FT%20last%20December.\" style=\"\" rel=\"noopener\">offloaded all its stakes<\/a> in Chinese companies in a bid to \u201creassure\u201d US partners, after a letter from a US congressional committee accused the tech group of working with the Chinese military.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/g42\/\">G42<\/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=\"89137\" 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=\"89137\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/mubadala-invests-in-blockchain-focused-fund\/\">\r\n                            Mubadala invests in blockchain-focused 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\/16\/mubadala-invests-in-blockchain-focused-fund\/\" 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 fund raised USD 60 mn in capital, with backing from The Raptor Group and Mubadala Capital, though the statement does not disclose the exact breakdown. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the fund:<\/strong> The fund focuses on disruptive blockchain ventures from pre-seed to Series A stages, with investments spanning blockchain protocols, decentralized infrastructure, encryption, and gaming. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Sharjah Islamic Bank to lure more Kuwaiti investments to the UAE: <\/strong><a target=\"_blank\" href=\"http:\/\/kuwaitbc.ae\/\" style=\"\" rel=\"noopener\">Kuwait Business Council<\/a> inked an agreement with <a target=\"_blank\" href=\"https:\/\/www.sib.ae\/\" style=\"\" rel=\"noopener\">Sharjah Islamic Bank<\/a> to offer Kuwaiti businesses and investors in the Emirates financial and banking services to support investments in Dubai and the Northern Emirates, state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1ns9fw-sharjah-islamic-bank-kuwait-business-council\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The Council will also launch promotional programs to inform the Kuwaiti business community about potential investments in the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> TRANSPORT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You wil be able to pay for your Etihad Rail trip through Nol: <\/strong><a target=\"_blank\" href=\"https:\/\/www.rta.ae\/\" style=\"\" rel=\"noopener\">Dubai\u2019s Road and Transport<\/a><a target=\"_blank\" href=\"https:\/\/www.rta.ae\/\" style=\"\" rel=\"noopener\">Authority (RTA)<\/a> and national rail operator <a target=\"_blank\" href=\"https:\/\/www.etihadrail.ae\/\" style=\"\" rel=\"noopener\">Etihad Rail<\/a> inked an MoU at the World Government Summit to integrate booking and payment for Etihad Rail trips into RTA\u2019s Nol system, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/February\/14-02\/Maktoum-bin-Mohamed-and-Thybe-bin-Mohamed-attends-MoU-between-RTA-Utihad-Railsways\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The 900 km national rail network has yet to begin operations for passengers, but is set to connect 11 cities across the UAE, from Al Sila to Fujairah, with trains running at 200 km per hour, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/transport\/uae-soon-use-nol-cards-to-book-tickets-for-etihad-rail-passenger-trains\" 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\">\n<p class=\"tag-border-left\">AUTOMOTIVE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New quick service stations for Rabdan One electric vehicles: <\/strong><a target=\"_blank\" href=\"https:\/\/www.adnocdistribution.ae\/\" style=\"\" rel=\"noopener\">Adnoc Distribution<\/a> has partnered with automobile company <a target=\"_blank\" href=\"https:\/\/www.nwtnmotors.com\/\" style=\"\" rel=\"noopener\">NWTN<\/a> to introduce 20 quick service stations for UAE-made Rabdan One EVs at Adnoc\u2019s stations, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/13rmyv9-adnoc-distribution-partners-with-nwtn-launch\" style=\"\" rel=\"noopener\">Wam<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ENERGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.sedd.ae\/web\/sedd\/home\" style=\"\" rel=\"noopener\">Sharjah Economic Development Department<\/a><\/strong><strong> sat with gas sector investors <\/strong><strong>yesterday<\/strong>, including the heads of Arrow Gas & Technical Services, <a target=\"_blank\" href=\"http:\/\/www.alhuraizgroup.ae\/inside\/universal.html\" style=\"\" rel=\"noopener\">Universal Industrial Gas<\/a>, and United Gas, to discuss cooperation and receive comments and feedback from the companies, reports state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1ns9dw-sedd-receives-number-gas-sector-investors\" style=\"\" rel=\"noopener\">Wam<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">RETAIL- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum and Indian Prime Minister <\/strong><strong>Narendra Modi have laid the foundation stone for Indian marketplace Bharat Mart<\/strong> in the Jebel Ali Freezone (Jafza), according to a <a target=\"_blank\" href=\"https:\/\/sheikhmohammed.ae\/en-us\/News\/Details?nid=29612&cid=\" style=\"\" rel=\"noopener\">statement<\/a>. The marketplace is set to debut in 2026 with the aim of streamlining global market access for Indian manufacturers and exporters. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.skycargo.com\/\" style=\"\" rel=\"noopener\">Emirate SkyCargo<\/a><\/strong><strong>\u2019s e-commerce delivery service arm <\/strong><strong>Emirates Delivers<\/strong><strong> has <\/strong><strong>launched a new route to Kuwait<\/strong>, allowing customers to receive orders from UAE-based platforms in three to five days, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/emirates-delivers-launches-new-route-connecting-kuwait-shoppers-to-the-uae-hpxsxg7r\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. <\/p>\n<p class=\"tag-border-left\">FINTECH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Payment gateway <\/strong><strong>Telr<\/strong><strong> merchants will now have access to <\/strong><strong>Fils<\/strong>\u2019 <strong>carbon offsetting <\/strong><strong>feature<\/strong>, after the two companies inked an agreement, according to a Fils <a target=\"_blank\" href=\"https:\/\/filsnow.com\/news\/fils-partners-with-telr-to-drive-sustainability-in-finance-and-payments\/\" style=\"\" rel=\"noopener\">statement<\/a>. The feature allows merchants to track the emissions of transactions and provides access to voluntary carbon markets.<\/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\">MANUFACTURING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Steel producer Tenaris inaugurated its USD 60 mn industrial complex in Abu <\/strong><strong>Dhabi Industrial City<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/tenaris-renews-commitment-to-uae-unveiling-its-industrial-complex-in-abu-dhabi-gkhwoca0\" style=\"\" rel=\"noopener\">press release<\/a>. The 200k square meter industrial complex houses a pipe service yard dedicated for the storage, inspection, and preparation of pipe products. It also includes a specialized industrial training center tailored for training Adnoc engineers as part of a partnership with the state-owned company. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AVIATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Flydubai is expanding its European operations with the introduction of four new <\/strong><strong>destinations<\/strong>: Basel, Switzerland; Riga, Latvia; Tallinn, Estonia; and Vilnius, Lithuania, according to a <a target=\"_blank\" href=\"https:\/\/news.flydubai.com\/flydubai-ramps-up-operations-in-europe-with-four-new-destinations\" style=\"\" rel=\"noopener\">press release<\/a>. The move marks the carrier's entry into the Baltic region and makes it the first UAE national carrier to offer direct flights to these cities.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc-distribution\/\">Adnoc Distribution<\/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\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/etihad-rail\/\">Etihad Rail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fintech\/\">fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/flydubai\/\">FlyDubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/manufacturing\/\">MANUFACTURING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mubadala\/\">Mubadala<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/nol\/\">Nol<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/roads-and-transport-authority\/\">Roads and Transport Authority<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sharjah-economic-development-department\/\">Sharjah Economic Development Department<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89139\" 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=\"89139\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/economy-minister-heads-uae-delegation-in-cairo\/\">\r\n                            Economy Minister heads UAE delegation in Cairo                        <\/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\/16\/economy-minister-heads-uae-delegation-in-cairo\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/economy-minister-heads-uae-delegation-in-cairo\/1546-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1546.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1546.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1546.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1546.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89139\" class=\"content-area-description single-story post-89139 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-arab-league tag-diplomacy tag-enterpriseam-uae tag-uae-rwanda-relations 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\/.03ad6a01-f1a5-4e31-8fb1-0b8b3bc5969f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE delegation at the Arab Economic and Social Council meeting in Cairo: <\/strong>Economy Minister AbdullahBin Touq Al Marri discussed the establishment of a Greater Arab Trade Area, removing trade barriers among Arab states, and promoting investments between countries exchanges by implementing the amended the Arab Investment Agreement at the Arab Economic and Social Council in Cairo yesterday, reports state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1odp14-uae-participates-113th-arab-economic-and-social\" 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>UAE + Rwanda sign counterterrorism MoU:<\/strong> Deputy Prime Minister and Interior Minister Sheikh Saif bin Zayed Al Nahyan and Rwandan Interior Minister Alfred Gasana signed an MoU to bolster security and counterterrorism efforts, improving communication channels between the two countries, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1odp9s-saif-bin-zayed-rwandan-counterpart-sign-mou\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The agreement was signed during the last day of the World Government Summit on Wednesday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Foreign Affairs Minister Sheikh Abdullah bin Zayed Al Nahyan and UNESCO Secretary <\/strong><strong>General <\/strong><strong>Azoulay<\/strong> discussed current and upcoming UNESCO projects to preserve global cultural and civilizational heritage, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1odpco-abdullah-bin-zayed-unesco-director-general-expolre\" style=\"\" rel=\"noopener\">Wam<\/a> reports.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/arab-league\/\">Arab League<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-rwanda-relations\/\">UAE-Rwanda relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89141\" 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\/16\/89141-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89141\" class=\"content-area-description single-story post-89141 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>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>7-18 February (Wednesday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.sharjahlightfestival.ae\/\" style=\"\">Sharjah Light Festival<\/a><\/span><span style=\"font-weight:400;\">, Sharjah Police Headquarters.<\/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 style=\"font-weight:400;\">15-21 February (Thursday-Wednesday): UAE Innovates 2024, 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 style=\"font-weight:400;\">16-18 February (Friday-Sunday): The Shams Creative Fest, Shams Business 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;\">17 February (Saturday): UAE President Cup for Purebred Arabian Horses, Abu Dhabi Equestrian Club.<\/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 style=\"font-weight:400;\">, Abu Dhabi Corniche.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19 February (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eventbrite.com\/e\/let-web3-happen-in-dubai-unleashing-the-potential-of-socialfi-tickets-792926012047\" style=\"\">Let Web3 Happen in Dubai<\/a><\/span><span style=\"font-weight:400;\">, Bybit HQ, 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;\">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 February (Tuesday): Open Day, Al Ain\u2019s Hili Archaeological Park, Abu Dhabi.<\/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>26-28 February<\/span><span style=\"font-weight:400;\"> (Monday-Wednesday): RTA Startups Challenge, RTA Research and Innovation Centre for Mobility, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">27-28 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 style=\"font-weight:400;\">7 March (Thursday): Beyond Global Trade, Edition Hotel, Dubai.<\/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:400;\">24 April-1 May (Wednesday-Wednesday): Abu Dhabi Mobility Week.<\/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\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>UAE leads on s-linked bonds | \u201cPragmatic\u201d AI regulation | Abu Dhabi twins with Shenzhen | AD Ports, Americana + DIFC earnings<\/p>\n","protected":false},"featured_media":89116,"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-89115","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e12ce076-e07b-4e7a-989c-41e77de7c9ad","teaser":"UAE leads on s-linked bonds | \u201cPragmatic\u201d AI regulation | Abu Dhabi twins with Shenzhen | AD Ports, Americana + DIFC earnings","photo_url":"https:\/\/ent.news\/2024\/1\/894.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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