{"id":89161,"date":"2024-02-19T00:00:00","date_gmt":"2024-02-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=89161"},"modified":"2025-12-14T23:31:34","modified_gmt":"2025-12-14T23:31:34","slug":"non-oil-trade-hits-record-high-in-2023","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/non-oil-trade-hits-record-high-in-2023\/","title":{"rendered":"Non-oil trade hits record high in 2023"},"content":{"rendered":"<section id=\"89163\" 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=\"89163\">\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\/19\/emirati-climate-tech-investors-choose-mena-africa-over-traditional-markets-for-growth\/\">\r\n                            Emirati climate tech investors choose MENA + Africa over traditional markets for growth                        <\/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\/19\/emirati-climate-tech-investors-choose-mena-africa-over-traditional-markets-for-growth\/\" target=\"_blank\">\n                  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href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/emirati-climate-tech-investors-choose-mena-africa-over-traditional-markets-for-growth\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/63.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89164\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/emirati-climate-tech-investors-choose-mena-africa-over-traditional-markets-for-growth\/63-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/63.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"63.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/63.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/63.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89163\" class=\"content-area-description single-story post-89163 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-dubai tag-enterpriseam-uae tag-sharjah tag-sports tag-transport 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\/.91a94dd2-940e-4efd-96a1-139a5f06de1b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents, and welcome to the penultimate week of the month.<\/strong> It\u2019s a relatively calm Monday morning (particularly now that earnings season has taken its last breaths).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY here at home is the UAE seeing record non-oil trade in 2023<\/strong>, buoyed by a strong 4Q and rising exports of services and non-oil goods. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have chapter and verse in this morning\u2019s news well, below.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN MEMORIAM- Former Dubai Chamber of Commerce President Hassan <\/strong><strong>Mohammed Bin Al Shaikh has passed away<\/strong>, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/uae\/people\/prominent-uae-businessman-hassan-mohammed-bin-al-shaikh-passes-away-1.1708025645244\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. Al Shaikh chaired the chamber from 1997-2000 and was the second vice chairman from 1983-1997. He founded the Hassan Bin Al Shaikh Group of Industries in 1959, which expanded into sectors including paper, plastic, and real estate. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Several officials, business figures, and individuals have offered their condolences:<\/strong> Vice President and Dubai Ruler Sheikh Mohammed bin Rashid offered condolences, praising Bin Al Shaikh's dedication and pioneering role in industry and commerce in a <a target=\"_blank\" href=\"https:\/\/twitter.com\/HHShkMohd\/status\/1758431526910415285\" style=\"\" rel=\"noopener\">statement<\/a>. Diplomatic advisor to the president Anwar Garash also <a target=\"_blank\" href=\"https:\/\/twitter.com\/AnwarGargash\/status\/1757801372190228561\/photo\/1\" style=\"\" rel=\"noopener\">offered his condolences on X<\/a>. <\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1- Global champs are here for 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 kicked off yesterday, <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.<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- UAE Innovates 2024 resumes in Sharjah, Fujairah and Ras Al Khaimah<\/strong>, before its final stop in Dubai this 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 style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- 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>, returns to Dubai World Trade Centre<\/strong><strong>today.<\/strong> The event, which runs until this Friday, 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>#4-<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.eventbrite.com\/e\/let-web3-happen-in-dubai-unleashing-the-potential-of-socialfi-tickets-792926012047\" style=\"\" rel=\"noopener\">Let Web3 Happen in Dubai<\/a><\/strong><strong> is taking place at the <\/strong><strong>Bybit<\/strong><strong> HQ today <\/strong>at the Dubai World Trade Center. The event focuses on the concept of SocialFi, bringing together the ideas of social media, and decentralized finance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> HAPPENING THIS WEEK-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong><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> will take place<\/strong><strong>tomorrow<\/strong>and 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>#2-<\/strong><strong>Dubai\u2019s Ramadan Souq kicked off on Saturday and will run until<\/strong><strong>9 March<\/strong> at Old Municipality Street in Bur Deira, Dubai Media Office said in a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/February\/16-02\/Ramadan-Souq\" style=\"\" rel=\"noopener\">statement<\/a>. The annual market offers Ramadan items and gadgets at competitive prices, alongside live entertainment. It opens everyday from 10am to 10pm. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong><strong>It\u2019s that time of year: <\/strong>Dubai\u2019s <a target=\"_blank\" href=\"https:\/\/www.daralber.ae\/en\/home\" style=\"\" rel=\"noopener\">Dar Al Ber Society<\/a> has kicked off its Ramadan campaign,which intends to raise AED 160 mn for fasting individuals both inside and outside of the Emirates, reports state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1odpih-dar-ber-society-seeks-raise-aed160-for-ramadan\" style=\"\" rel=\"noopener\">Wam<\/a>. The campaign \u2014 comprising 16 charitable projects \u2014 will run through the end of Ramadan and Eid Al Fitr.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.fnc-group.com\/Freight-Forwarders-Conference-2024\" style=\"\" rel=\"noopener\">International Freight Forwarders Conference 2024<\/a><\/strong><strong> gets underway this Thursday<\/strong>and wraps next Sunday, 24 February. The logistics event brings global freight forwarders to the Hyatt Hotel in Dubai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/tasteofdubaifestival.com\/\" style=\"\" rel=\"noopener\">Taste of Dubai<\/a><\/strong><strong> opens its doors this Friday.<\/strong> The four-day food festival will bring together 16 of the emirates' best restaurants at Dubai Marina\u2019s Skydive Dubai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PUBLIC SERVICE ANNOUNCEMENTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#1- We now have an emergency and crisis management platform:<\/strong> The National Emergency Crisis and Disasters Management Authority launched a risk management platform, Makhatar, to manage incident reports, state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1oz4mu-crisis-and-emergency-management-community-forum\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2026 and a crisis management training platform: <\/strong>The authority also launched Tamkeen to engage in training on crisis and disaster management, the news agency added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO-<\/strong><strong>Rabdan Academy to provide crisis management training:<\/strong> State-owned training agency <a target=\"_blank\" href=\"https:\/\/ra.ac.ae\/\" style=\"\" rel=\"noopener\">Rabdan Academy<\/a> is cooperating with the National Emergency Crisis and Disaster Management Authority on training programs in the fields of emergency and crisis management, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1q5zu6-rabdan-academy-signs-mou-with-ncema-enhance-joint\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong><strong> Sharjah City for Humanitarian Services (SCHS) is getting a new home<\/strong>, with the hub set to move to new headquarters on Sheikh Mohamed bin Zayed Road amid rising demand for services in the emirate, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/uae\/2024\/02\/17\/sharjah-humanitarian-city-expands-amid-rising-demand-for-services-from-families\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. Construction of the new headquarters, which cost some AED 500 mn, is set to be complete within weeks after beginning in November 2019. The move comes as part of a plan to expand services and respond to increased registrations, particularly among individuals with autism. SCHS operates more than 10 schools, centers, nurseries, and departments. Financial support is provided to families facing challenges, with a focus on inclusivity and accessibility. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Stop idling at traffic lights:<\/strong> The city of Ajman is calling on drivers to switch off their vehicles at timed traffic signals throughout the city, <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/transport\/uae-drivers-urged-to-turn-car-engines-off-at-timed-traffic-signals-in-ajman?_refresh=true\" style=\"\" rel=\"noopener\">Khaleej Times<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#4-<\/strong><strong>Trucks weighing over 65 tonnes are getting a reprieve from facing an AED 15k fine if <\/strong><strong>they operate on federal roads<\/strong>, as cabinet decided to push back the implementation of the amended <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/cbe61cdc-a66b-4863-8569-3c89de34a45e\/\" style=\"\" rel=\"noopener\">federal law on heavy vehicles<\/a>, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1q5zzy-uae-cabinet-postpones-implementation-resolution\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The Energy and Infrastructure Ministry will re-examine the decision\u2019s rationale, Wam says, without providing further details on how long the law\u2019s entry into force could be postponed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>Following a four-month grace period, the decision banning trucks weighing over 65 tonnes from operating on federal roads was due to come into force on <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/edition\/am\/f7520b4b-883f-4a17-96bb-607c364122d7\/Economic-diversification-to-drive-5.7%25-growth-this-year,-FinMin-says#:~:text=SECTIONS-,WHAT%20WE%E2%80%99RE%20TRACKING%20TODAY,-WHAT%20WE%E2%80%99RE%20TRACKING\" style=\"\" rel=\"noopener\">1 February<\/a>. All heavy vehicles operating on the roads fall under the law\u2019s purview, with only security, military, police, and civil defense vehicles exempt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- We might find out who was awarded a stake in Egyptian fuel retailer Wataniya this week<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.almasryalyoum.com\/news\/details\/3100321\" style=\"\" rel=\"noopener\">Al Masry Al Youm<\/a> reported on Wednesday, citing what it said are senior government sources. There are three final offers on the table for a 30% stake in the company.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Taqa Arabia is the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9ed0f878-77a6-4d08-8c51-91fc5ff5c0fb\" style=\"\" rel=\"noopener\">only firm<\/a> to have publicly declared interest in the filling station operator, which has been on the market for the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/14b94986-d461-4f36-ab26-cf9227098f74\" style=\"\" rel=\"noopener\">last four<\/a> years, but Abu Dhabi National Oil Company (Adnoc), Shell, and several other companies have reportedly been lodging bids. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Has Adnoc exited stage left? <\/strong>Adnoc has reportedly withdrawn its bid for a stake in the fuel retailer, local Egyptian outlet <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/02\/17\/1766746\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reported earlier, citing sources it says are familiar with the agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>#2- Emirates Global Aluminum to launch alumina refinery in Guinea: <\/strong><a target=\"_blank\" href=\"https:\/\/www.ega.ae\/en\" style=\"\" rel=\"noopener\">Emirates Global<\/a><a target=\"_blank\" href=\"https:\/\/www.ega.ae\/en\" style=\"\" rel=\"noopener\">Aluminum (EGA)<\/a> subsidiary <a target=\"_blank\" href=\"https:\/\/www.gacguinee.com\/en\" style=\"\" rel=\"noopener\">Guinea Alumina Company (GAC)<\/a> plans to open a refinery in Guinea with an annual capacity of 1 mn tonnes, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/uaes-ega-plans-1mtpa-alumina-refinery-in-guinea-s4hcd48f\" style=\"\" rel=\"noopener\">Zawya<\/a> cites GAC Director-General Youssef Sylla as saying on the sidelines of a roundtable organized by the Government of Guinea in Dubai to raise funds for development projects. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#3- RTA to kick off construction of Dubai Metro blue line this year:<\/strong> Dubai\u2019s Road and Transport Authority is set to break ground on the USD 4.9 bn Dubai Metro Blue Line in 2024, the authority said in a <a target=\"_blank\" href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/702-million-riders-used-public-transport-in-2023\" style=\"\" rel=\"noopener\">statement<\/a>. The authority brought the kick-off date forward by a year, with the previously revealed plan to commence construction <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d74e66b8-6833-4434-a2f0-5a61bfc878b8#:~:text=Project%20timeline%3A%20Construction%20will%20kick%20off%20in%202025%2C%20with%20trial%20operations%20expected%20in%202028%2C%20The%20National%20reported%20previously.%20Full%20commercial%20operations%20are%20scheduled%20to%20begin%20in%202029.\" style=\"\" rel=\"noopener\">in 2025<\/a>. The authority issued tender documents for consortiums bidding for the contract to design and develop the line in January.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher: <\/strong>The 30-km-long metro line will see 28 trains serve 14 elevated and underground stations as part of Dubai\u2019s <a target=\"_blank\" href=\"https:\/\/www.meed.com\/dubai-to-slash-journey-times-with-20-minute-city-policy\" style=\"\" rel=\"noopener\">20-minute city urban policy plan<\/a>. The line will be integrated with the Red and Green lines, linking between Dubai International Airport and nine areas situated along its route to accommodate some 320k passengers daily in Dubai Creek Harbour, Dubai Festival City, International City, and more.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong>#4- Buna to begin integrating international payment systems by the end of the <\/strong><strong>year:<\/strong> The Arab Monetary Fund\u2019s cross-payment system, Buna, is expected to begin linking African, Chinese, Indian, Pakistani and Latin American payment systems by 4Q 2024, Buna CEO Mehdi Manaa told <a target=\"_blank\" href=\"https:\/\/www.albayan.ae\/economy\/uae\/2024-02-18-1.4822430\" style=\"\" rel=\"noopener\">Albayan<\/a>. The progress of linking their systems will depend on the readiness of each country\u2019s payment systems, Manaa said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The Finance Ministry launched Buna <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3190d1be-b265-403f-a5a3-afe6db089b42#:~:text=in%20Saudi%20Arabia.-,PAYMENTS%2D,-FinMin%20rolls%20out\" style=\"\" rel=\"noopener\">last week<\/a> during the World Governments Summit, where it <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a74b31fb-a0cb-4ff4-9afc-32dbb0b029ef\" style=\"\" rel=\"noopener\">also agreed to link<\/a> its instant payment platform AANI with India\u2019s UPI. The platform is set to expand its clearing and settlement services by adding currencies from Asia, Africa, and Europe over the next two years, including the INR, the PKR, and the CNY.<\/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\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adjd.gov.ae\/Ar\/Pages\/Home.aspx\" style=\"\" rel=\"noopener\">Abu Dhabi Judicial Department<\/a><\/strong><strong>\u2019s Auction App facilitated over AED 3.4 bn <\/strong><strong>in sales since launching in June 2022<\/strong>,reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1oz56k-aed34-billion-generated-property-sales-through\" style=\"\" rel=\"noopener\">Wam<\/a>. The app \u2014 which offers remote bidding options for UAE-based assets \u2014 has so far seen 333 properties sold, in addition to over 1k vehicles worth some AED 78.3 mn, jewelry worth AED 232k, and nearly 2k movable properties totaling AED 129.4 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#2- Emirati climate tech angel investors prefer African and MENA markets for growth over traditional ones<\/strong>,according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/young-uae-based-climate-tech-angel-investors-favor-african-and-mena-regions-sw7e91jh\" style=\"\" rel=\"noopener\">report<\/a> by Abu-Dhabi based startup accelerator <a target=\"_blank\" href=\"https:\/\/startad.ae\/\" style=\"\" rel=\"noopener\">startAD<\/a> and <a target=\"_blank\" href=\"https:\/\/www.venturesouq.com\/\" style=\"\" rel=\"noopener\">VentureSouq<\/a>. Some 23% of UAE investors prioritize climate investments in Africa (23%), while 19% pick the MENA region, and 15% would go for Asia over their western counterparts, the report found. This bucks the global pattern, where the majority of climate tech venture capital is directed towards the US (40%), China (22%), and Europe (20%), while MENA attracts between 1.5-3% and Africa secures 1-2%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investor demographics:<\/strong> The gender ratio of angel investors in the UAE is 57% male to 43% female, surpassing international averages such as the US, where women account for 22% of angel investors, and the UK, whose ratio of women angel investors is 14%. The average age of angel investors in the UAE (42) is also notably younger than those in the US (57.6 years) and the UK (55 years).<\/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\">OIL WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global oil demand growth is losing steam, IEA says:<\/strong> The International Energy Agency (IEA) slashed its 2024 projection for global oil demand growth in its latest <a target=\"_blank\" href=\"https:\/\/www.iea.org\/reports\/oil-market-report-february-2024#overview\" style=\"\" rel=\"noopener\">monthly report<\/a>, It sees the pace of expansion decelerating further to 1.2 mn bpd this year from 2.3 mn bpd in 2023 on the back of a decline in consumption in China. It has previously forecast a global oil demand growth of 1.24 for 2024. \u201cThe expansive post-pandemic growth phase in global oil demand has largely run its course,\u201d it said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And we\u2019ll see supply grow: <\/strong>The IEA raised its forecasts for global oil supply in 2024, expecting it to grow by 1.7 mn bpd on the back of increased supply from non-OPEC+ countries \u2014 think shale producers in North America.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a mixed bag this morning in the global business press. <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/1e677a7e-9494-4f5b-a724-9e58ef26b34f\" style=\"\" rel=\"noopener\">Financial Times<\/a> leads with news that <strong>Apple has been hit with it\u2019s first-ever fine in the European Union<\/strong> \u2014 a EUR 500 mn hit after an antitrust probe urged on by Spotify. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">The <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/us-news\/law\/trump-fraud-ruling-threatens-to-handcuff-family-business-operations-a1235147?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a>, meanwhile, notes that <strong>a USD 355 mn \u201cNew York fraud ruling against Donald Trump<\/strong> stands to put a serious dent in his bank account.\u201d The Donald is barred from being an exec at any New York company for three years and has blocked him from applying for loans from any financial institution chartered in New York state. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And Deutsche Bank is having a moment in the global business press: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/finance\/banking\/the-man-who-tamed-the-worlds-most-troubled-bank-6ee05a3a?mod=hp_lead_pos10\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> has a long take out that notes Christian Sewing may have shored up the fate of the storied institution, but investors have yet to (fully) buy into his turnaround story. And everybody and her brother is taking note of the fact that Deutsche has (a) ordered managers back to work four days a week \u2014 and (b)<strong> banned the practice of working from home on Fridays and Mondays<\/strong>. (<a target=\"_blank\" href=\"https:\/\/fortune.com\/europe\/2024\/02\/16\/deutsche-bank-managers-return-to-the-officeproductivity-remote-work\/\" style=\"\" rel=\"noopener\">Fortune<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-15\/deutsche-bank-tells-managers-to-be-in-office-four-days-a-week?srnd=premium-middle-east&sref=mmeFTDW1\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-16\/work-from-home-battle-shifts-as-deutsche-bank-db-bans-friday-to-monday-remote?srnd=premium-middle-east&sref=mmeFTDW1\" style=\"\" rel=\"noopener\">Still more Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.fnlondon.com\/articles\/deutsche-bank-tells-managing-directors-to-return-to-the-office-four-days-a-week-20240215\" style=\"\" rel=\"noopener\">Financial News<\/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\">CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>World Trade Organization\u2019s<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wto.org\/english\/thewto_e\/minist_e\/mc13_e\/mc13_e.htm\" style=\"\" rel=\"noopener\">Ministerial Conference<\/a><\/strong><strong> is scheduled from Monday, <\/strong><strong>26 February, to Thursday, 29 February<\/strong>, in Abu Dhabi. Trade ministers are meeting \u201cat a difficult conjuncture\u201d this year, with factors like regional and eastern European geopolitical tensions and upcoming election threatening to hamper negotiations for global trade agreements, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/wars-elections-complicate-deal-making-ahead-abu-dhabi-meeting-wto-chief-2024-02-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> cites WTO Director-General Ngozi Okonjo-Iweala as telling reporters in Geneva.<\/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>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/xposure.evsreg.com\/home\/index\" style=\"\" rel=\"noopener\">Xposure International Photography Festival<\/a><\/strong><strong> will run from Wednesday, 28 <\/strong><strong>February, to Tuesday, 5 March<\/strong>, at the Sharjah Expo Centre. The festival, organized by the Sharjah Government Media Bureau features a \u201cConservation Summit\u201d on its second day, featuring environmental activist and Amazonian tribe leader, Junior Hekurari, reports <a target=\"_blank\" href=\"https:\/\/www.sharjah24.ae\/en\/Articles\/2024\/02\/18\/Xposure-2024-Conservation-Summit-to-host-Junior-Hekurari\" style=\"\" rel=\"noopener\">Sharjah 24<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>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>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\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sharjah\/\">Sharjah<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sports\/\">Sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/transport\/\">transport<\/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=\"89165\" 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=\"89165\">\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\">ECONOMY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/non-oil-foreign-trade-reaches-aed-3-5-tn-in-2023\/\">\r\n                            Non-oil foreign trade reaches AED 3.5 tn in 2023                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/non-oil-foreign-trade-reaches-aed-3-5-tn-in-2023\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Trade in goods was up 12.6% y-o-y to AED 2.6 tn, while trade in services hit AED 900 bn, Foreign Trade Minister Thani Al Zeyoudi <a target=\"_blank\" href=\"https:\/\/x.com\/ThaniAlZeyoudi\/status\/1759112796371812608?s=20\" style=\"\" rel=\"noopener\">also said<\/a>. Exports of goods and services surpassed AED 1 tn for the first time, Al Zeyoudi added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-oil exports rose 16.7% y-o-y to AED 441 bn during the year<\/strong>, contributing 17.1% to thecountry\u2019s total foreign trade, up from 14.1% in 2019, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1q5zoi-mohammed-bin-rashid-uae-non-oil-foreign-trade\" style=\"\" rel=\"noopener\">Wam<\/a> reports. imports fell 14.2% y-o-y to AED 1.4 tn, led by imports of gold, telephones, petroleum oils, cars, and diamonds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE\u2019s services trade surplus doubled to AED 207 bn<\/strong>, driven by key sectors such as travel, ICT, and financial services. Re-exports also increased 6.9% y-o-y to AED 690 bn in 2023. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-oil foreign trade had a record 4Q:<\/strong> The UAE\u2019s non-oil foreign trade hit a record AED 710 bn in 4Q 2023, up 16.3% y-o-y, the state news agency said. Non-oil exports increased 39.3% y-o-y AED 132.2 bn during the quarter, and have consistently exceeded AED 100 bn since 1Q 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trade agreements drove record growth:<\/strong> Non-oil foreign trade with the UAE\u2019s 10 biggest trade partners increased 26.9% in the past year, with a 103% rise in trade with Turkey following the September implementation of the trade agreement between both countries, a 47% y-o-y increase in trade with China, and a 20% y-o-y growth with the United States, Al Maktoum said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead:<\/strong> \u201cCEPAs are going to play a major role in our foreign trade numbers moving forward,\u201d Al Zeyoudi told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/uaes-pm-says-countrys-non-oil-sector-hit-record-35-trillion-dirhams-2023-2024-02-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. <\/p>\n<p class=\"tag-border-left\">NON-OIL + OVERALL GDP TO CONTINUE TO GROW IN 2024- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Regional tensions are expected to have limited impact on economic growth<\/strong>, withthe UAE\u2019s non-oil GDP expected to reach 4.3% in 2024, but prolonged oil production cuts could slow overall growth to 3.1%, according to the Institute of International Finance's (IIF) baseline scenario outlined in their latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1650.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> on the global economic fallout of a Middle East regional war. The IIF also expects real GDP growth to come in at a 3.1% clip under this scenario. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Non-oil GDP outlook is in line with other analysts\u2019 forecasts<\/strong><strong>: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2023\/10\/13\/pr23351-uae-imf-staff-concludes-visit#:~:text=%E2%80%9CThe%20economy%20continues%20to%20grow%2C%20benefitting%20from%20strong%20domestic%20activity.%20Non%2Dhydrocarbon%20GDP%20growth%20is%20expected%20to%20exceed%204%20percent%20this%20year%20and%20to%20remain%20at%20a%20similar%20pace%20in%202024%2C%20driven%20by%20tourism%2C%20construction%2C%20and%20real%20estate%20related%20developments.\" style=\"\" rel=\"noopener\">International Monetary Fund<\/a> sees the non-oil sector maintaining its 4% growth in 2024, while <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/64f0d406-ad8f-41f8-b5bb-f332c73b919c\" style=\"\" rel=\"noopener\">Oxford Economics<\/a> expects non-oil GDP to grow 3.8% in 2024. The Finance Ministry is the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cf61c6b9-39fe-4397-a725-47b121c3fe95\" style=\"\" rel=\"noopener\">most optimistic<\/a>, seeing non-oil GDP growing at a 4.7% clip. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Forecasts for overall GDP are much more varied: <\/strong>The World Bank expects to see 3.7% growth in 2024, while The Arab Monetary Fund sees the GDP <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a8f893dd-eee1-4bc3-b44b-34f79d4862ed\" style=\"\" rel=\"noopener\">growing at a 4.3% clip<\/a>. S&P Global <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/82342bed-947d-41ed-9499-33132df1f9fd\" style=\"\" rel=\"noopener\">said<\/a> that the economy could accelerate to more than 5%, while the Finance Ministry sees it growing 5.3% and the Central Bank of the UAE <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cf61c6b9-39fe-4397-a725-47b121c3fe95\" style=\"\" rel=\"noopener\">expects<\/a> a higher 5.7% clip.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The overall impact on the six GCC countries is expected to be moderate<\/strong>, manifesting through a slight uptick in inflation, a decrease in tourism, and subdued private investment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What the foreign trade minister has to say about Red Sea disruptions:<\/strong> \u201cWe think our country will not be disturbed with that\u2026 we are in a good position, and it\u2019s about how we are resilient, and the adaptability of the system here to face the challenges facing the world and the region,\u201d Al Zeyoudi told Reuters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tourism in the UAE could be impacted if regional tensions drag<\/strong>, according to the IIF\u2019s 30% likelihood pessimistic scenario, which sees the UAE\u2019s economy growing 1.5% in 2024, with non-oil real GDP growing 3.1%. While the GCC countries are unlikely to participate in future wars, their economies could potentially suffer from disruptions in oil and LNG shipments, offsetting gains from higher oil prices, the report reads. This could manifest through a wider fiscal deficit and deteriorated current account balance. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/economy\/\">Economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/gaza\/\">Gaza<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/gdp\/\">GDP<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89167 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=\"89167\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/89167-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89167\" class=\"content-area-description single-story post-89167 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/801.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89168\" 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=\"89168\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/gaming-company-exverse-raises-usd-3-mn\/\">\r\n                            Gaming company Exverse raises USD 3 mn in investment round                        <\/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\/19\/gaming-company-exverse-raises-usd-3-mn\/\" 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 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     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\/19\/gaming-company-exverse-raises-usd-3-mn\/&title=Gaming company Exverse raises USD 3 mn\">\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=Gaming+company+Exverse+raises+USD+3+mn+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F19%2Fgaming-company-exverse-raises-usd-3-mn%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\/19\/gaming-company-exverse-raises-usd-3-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1653.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89169\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/gaming-company-exverse-raises-usd-3-mn\/1653-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1653.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1653.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1653.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1653.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89168\" class=\"content-area-description single-story post-89168 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-enterpriseam-uae tag-exverse tag-gaming tag-startup-watch tag-web3 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\/.a8c6a18e-abeb-43d3-a6df-85e27e3f34da.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dubai-based Web3 gaming startup Exverse secured a USD 3 mn investment in a <\/strong><strong>private funding round<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/chainwire.org\/2024\/02\/15\/exverse-lands-3m-in-private-round-to-bring-web3s-call-of-duty-to-life\/\" style=\"\" rel=\"noopener\">press release<\/a>.The round was led by blockchain investors <a target=\"_blank\" href=\"https:\/\/cogitent.ventures\/\" style=\"\" rel=\"noopener\">Cogitent Ventures<\/a>, <a target=\"_blank\" href=\"https:\/\/www.cointelligence.com\/\" style=\"\" rel=\"noopener\">Cointelligence<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.moonrockcapital.io\/\" style=\"\" rel=\"noopener\">Moonrock Capital<\/a>, with participation from <a target=\"_blank\" href=\"https:\/\/www.kucoin.com\/land\/kucoinlabs\" style=\"\" rel=\"noopener\">KuCoin Labs<\/a>, <a target=\"_blank\" href=\"https:\/\/seedify.fund\/\" style=\"\" rel=\"noopener\">Seedify<\/a>, <a target=\"_blank\" href=\"https:\/\/www.chaingpt.org\/\" style=\"\" rel=\"noopener\">ChainGPT<\/a>, and US-based games company, <a target=\"_blank\" href=\"https:\/\/store.epicgames.com\/en-US\/\" style=\"\" rel=\"noopener\">Epic Games<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where the money is going: <\/strong>The investment will be allocated towards <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/exverse\/\" style=\"\" rel=\"noopener\">Exverse<\/a> \u2019s upcoming alpha launch, the release of its token, as well as to establish strategic partnerships and expand marketing efforts across the Asia-Pacific region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Exverse: <\/strong>Founded in 2020 by Nikita Uriupin (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/uriupin3\/?originalSubdomain=tr\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), Exverse is a gaming studio focused on developing first-person shooting games with Web3 elements. Exverse\u2019s game has already seen 65k registrations ahead of the alpha launch, according to the statement. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/exverse\/\">Exverse<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/gaming\/\">Gaming<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/web3\/\">Web3<\/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=\"89170\" 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=\"89170\">\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\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/response-plus-has-a-new-chairman\/\">\r\n                            Response Plus names Omran Al Khoori as new chairman                        <\/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\/19\/response-plus-has-a-new-chairman\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/response-plus-has-a-new-chairman\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/response-plus-has-a-new-chairman\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Response Plus has a new chairman&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/response-plus-has-a-new-chairman\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/response-plus-has-a-new-chairman\/&title=Response Plus has a new chairman\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Response+Plus+has+a+new+chairman+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F19%2Fresponse-plus-has-a-new-chairman%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/response-plus-has-a-new-chairman\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89170\" class=\"content-area-description single-story post-89170 post type-post status-publish format-standard hentry category-moves tag-enterpriseam-uae tag-moves tag-omran-al-khoori tag-response-plus 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\/.089f7a71-6fcc-4e84-8875-5e549d065d0f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Abu Dhabi-based emergency medical services firm <strong><a target=\"_blank\" href=\"https:\/\/rpm.ae\/\" style=\"\" rel=\"noopener\">Response Plus<\/a><\/strong> appointed <strong>Omran Al <\/strong><strong>Khoori<\/strong> (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/omran-alkhoori-b533b3187\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) as <strong>chairman<\/strong> of the company, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1735.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. Prior to his appointment, Al Khoori was director of <a target=\"_blank\" href=\"https:\/\/burjeelholdings.com\/\" style=\"\" rel=\"noopener\">Burjeel Holdings<\/a>. He currently serves as a board member of Al Maryah Community Bank, Dubai Islamic Ins. & ReIns. Company, and Amanat Holdings.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/omran-al-khoori\/\">Omran Al Khoori<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/response-plus\/\">Response Plus<\/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=\"89171\" 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=\"89171\">\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\">TRENDING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/on-the-ball\/\">\r\n                            The UAE Presidents Cup dominated X                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/on-the-ball\/\" 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\/19\/on-the-ball\/')\">\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\/19\/on-the-ball\/\">\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=On the ball&url=https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/on-the-ball\/\">\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\/19\/on-the-ball\/&title=On the ball\">\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=On+the+ball+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F19%2Fon-the-ball%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\/19\/on-the-ball\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1732.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89172\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/on-the-ball\/1732-jpeg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1732.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1732.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1732.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1732.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89171\" class=\"content-area-description single-story post-89171 post type-post status-publish format-standard has-post-thumbnail hentry category-trending tag-enterpriseam-uae tag-football tag-trending wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.75d61e59-491b-4b84-95b3-22319c085e06.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s all about the UAE President\u2019s Cup (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/%D9%83%D8%A3%D8%B3_%D8%B1%D8%A6%D9%8A%D8%B3_%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A9?src=hashtag_click\" style=\"\" rel=\"noopener\">#\u0643\u0623\u0633_\u0631\u0626\u064a\u0633_\u0627\u0644\u062f\u0648\u0644\u0629<\/a><\/strong><strong>)<\/strong><strong> on X<\/strong>, with three matches taking place yesterday. Al Ittihad Kalba beat Dibba 3-0 (<a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/%D8%A5%D8%AA%D8%AD%D8%A7%D8%AF_%D9%83%D9%84%D8%A8%D8%A7%D8%A1_%D8%AF%D8%A8%D8%A7?src=hashtag_click\" style=\"\" rel=\"noopener\">#\u0625\u062a\u062d\u0627\u062f_\u0643\u0644\u0628\u0627\u0621_\u062f\u0628\u0627<\/a>), Shabab Al Ahly beat Baniyas 2-1 (<a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/%D8%B4%D8%A8%D8%A7%D8%A8_%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%8A_%D8%A8%D9%86%D9%8A_%D9%8A%D8%A7%D8%B3?src=hashtag_click\" style=\"\" rel=\"noopener\">#\u0634\u0628\u0627\u0628_\u0627\u0644\u0623\u0647\u0644\u064a_\u0628\u0646\u064a_\u064a\u0627\u0633<\/a>), and Al Ain beat Al Wahda (<a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/%D8%A7%D9%84%D8%B9%D9%8A%D9%86_%D8%A7%D9%84%D9%88%D8%AD%D8%AF%D8%A9?src=hashtag_click\" style=\"\" rel=\"noopener\">#\u0627\u0644\u0639\u064a\u0646_\u0627\u0644\u0648\u062d\u062f\u0629<\/a>) with a <a target=\"_blank\" href=\"https:\/\/twitter.com\/ADSportsTV\/status\/1759279567674474788\" style=\"\" rel=\"noopener\">last minute goal<\/a>, scored by the Argentinian midfielder, Matias Palacios.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also making the rounds:<\/strong> Sheikh Mohammed bin Rashid Al Maktoum\u2019s post on the UAE\u2019s non-oil trade performance in 2023, which we cover in this morning\u2019s Economy section, above.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/football\/\">football<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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=\"89173\" 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=\"89174\" 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=\"89174\">\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\">UAE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/its-a-business-heavy-morning\/\">\r\n                            Strong office occupancy + Moelis &amp; Co\u2019s good fortune in Dubai lead UAE headlines                        <\/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\/19\/its-a-business-heavy-morning\/\" 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 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      <\/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\/19\/its-a-business-heavy-morning\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1708.JPG?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89175\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/its-a-business-heavy-morning\/1708-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1708.JPG?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1708.JPG\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1708.JPG?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1708.JPG?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89174\" class=\"content-area-description single-story post-89174 post type-post status-publish format-standard has-post-thumbnail hentry category-uae-in-the-news tag-enterpriseam-uae tag-moelis-co tag-real-estate tag-uae-in-the-news wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.7f9080b3-87c3-45d2-b266-cf26d2ab30ee.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The conversation on the UAE in the foreign press is all business this morning<\/strong>, thanks to a trio of stories from Bloomberg: The business information service <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-18\/dubai-s-golden-visas-are-helping-city-defy-global-office-slump\" style=\"\" rel=\"noopener\">looks at<\/a> Dubai\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1194dca9-7b34-4610-adf7-ea0bb74ec6ef\" style=\"\" rel=\"noopener\">record office occupancy rates<\/a> amid sluggish demand for office spaces worldwide, on the back of the country becoming more business and expat-friendly through initiatives like the Emirates visa, and the influx of bankers, crypto investors, and wealthy Russians. Meanwhile, financial services firm <a target=\"_blank\" href=\"https:\/\/www.rothschildandco.com\/en\/\" style=\"\" rel=\"noopener\">Rothschild & Co<\/a> is planning to relocate some of its Dubai-based bankers to its new Riyadh office at the King Abdullah Financial District, Partner and Head of the Middle East at Rothschild Saeed Al Awar told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-18\/rothschild-sets-up-in-riyadh-s-finance-hub-eyes-saudi-growth\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also getting ink:<\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-18\/wall-street-bank-moelis-bet-big-on-middle-east-it-s-now-cashing-in\" style=\"\" rel=\"noopener\">Bloomberg<\/a> ran a feature on Wall Street giant <a target=\"_blank\" href=\"https:\/\/www.moelis.com\/\" style=\"\" rel=\"noopener\">Moelis & Co\u2019s<\/a> ascension to being one of the largest global investment banks and advisers in the MENA region, having reaped the benefits of maintaining business in Dubai and ties with Saudi Arabia. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/moelis-co\/\">Moelis &amp; Co<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/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=\"89176\" 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=\"89176\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/uae-to-explore-green-industrial-and-green-hydrogen-investments-with-baden-wurttemberg\/\">\r\n                            UAE to explore green industrial and green hydrogen investments with Baden-W\u00fcrttemberg                        <\/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\/19\/uae-to-explore-green-industrial-and-green-hydrogen-investments-with-baden-wurttemberg\/\" 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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href=\"https:\/\/api.whatsapp.com\/send?text=UAE+to+explore+green+industrial+and+green+hydrogen+investments+with+Baden-W%C3%BCrttemberg+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F02%2F19%2Fuae-to-explore-green-industrial-and-green-hydrogen-investments-with-baden-wurttemberg%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\/19\/uae-to-explore-green-industrial-and-green-hydrogen-investments-with-baden-wurttemberg\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1730.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89177\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/uae-to-explore-green-industrial-and-green-hydrogen-investments-with-baden-wurttemberg\/1730-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1730.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1730.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1730.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1730.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89176\" class=\"content-area-description single-story post-89176 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-adnoc tag-alexandria-international tag-also-on-our-radar tag-aviation tag-climate tag-energy tag-enterpriseam-uae tag-entertainment tag-green-hydrogen tag-industry-and-advanced-technology-ministry tag-logistics tag-manufacturing tag-real-estate tag-uae-germany-relations tag-yango 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\/.44504a80-f688-4da0-9ac8-a16195a91440.mp3\"><\/audio><\/figure><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>UAE, Germany to advance industrial cooperation:<\/strong> The Industry and Advanced Technology Ministry inked a declaration of intent with the German state of Baden-W\u00fcrttemberg to look into ramping up investments in sustainable industrial development and accelerating industrialization and decarbonization projects, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/13rtecr-uae-baden-w%C3%BCrttemberg-sign-comprehensive-joint\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The partnership will also see them cooperate on AI, smart manufacturing, smart health, and aerospace, as well as capacity building.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A focus on green hydrogen:<\/strong> One of the partnership\u2019s goals is to establish a \u201ccommon market for green hydrogen,\u201d as the UAE has the capabilities to produce green hydrogen from its solar plants while several companies from Baden-W\u00fcrttemberg work in the production of climate-neutral hydrogen, according to Baden-W\u00fcrttemberg\u2019s environment and energy minister Thekla Walker.<\/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><a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi National Oil Company (Adnoc)<\/a><\/strong><strong> will source urea-based products from <\/strong><strong><a target=\"_blank\" href=\"https:\/\/fertiglobe.com\/\" style=\"\" rel=\"noopener\">Fertiglobe<\/a><\/strong><strong> subsidiary<\/strong><strong>Ruwais Fertilizer Industries (Fertil)<\/strong>, after the two inked a three-year supply agreement based on market prices on Friday, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/1643.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. The low-carbon products will allow Adnoc to offer its customers a new diesel exhaust fluid which can be used by heavy-duty vehicles to reduce emissions from diesel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>In <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2023\/adnoc-to-acquire-ocis-stake-in-fertiglobe\" style=\"\" rel=\"noopener\">December<\/a>, Adnoc agreed with <a target=\"_blank\" href=\"https:\/\/oci-global.com\/\" style=\"\" rel=\"noopener\">OCI Global<\/a> to purchase its entire stake in Fertiglobe for USD 3.62 bn. The transaction, which will bring Adnoc\u2019s share in Fertiglobe to a majority holding of 86.2% from a previous 36.2%, is set to close this year.<\/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\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New AED 300 mn residential building in Sharjah:<\/strong> Sharjah-based construction conglomerate <a target=\"_blank\" href=\"https:\/\/www.tigergroup.ae\/\" style=\"\" rel=\"noopener\">Tiger Group<\/a> is launching a AED 300 mn Faradis Tower residential project in Al Mamzar, Sharjah, <a target=\"_blank\" href=\"https:\/\/www.albayan.ae\/economy\/uae\/2024-02-18-1.4822373\" style=\"\" rel=\"noopener\">Albayan<\/a> reports. The 47-storey residential tower is expected to be completed within three years, with unit delivery slated to begin in 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tiger Group has big plans for 2024:<\/strong> The group expects to launch six real estate projects during 2024 across the Emirates, with a focus on four major ventures in Dubai, a project in Ajman, and one each in Sharjah and Abu Dhabi, CEO Amer Walid Al Zoubi told <a target=\"_blank\" href=\"https:\/\/www.tigergroup.ae\/eventdetails\/In_an_exclusive_interview_with_Forbes\" style=\"\" rel=\"noopener\">Forbes<\/a> in January. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">LOGISTICS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alexandria International opens new distribution center: <\/strong>Sharjah-based flooring and office furniture trading company <a target=\"_blank\" href=\"https:\/\/www.alexandriaintl.com\/\" style=\"\" rel=\"noopener\">Alexandria International<\/a> has inaugurated a 74k sqft logistics distribution center in the emirate, reports <a target=\"_blank\" href=\"https:\/\/www.sharjah24.ae\/ar\/Articles\/2024\/02\/18\/al0444\" style=\"\" rel=\"noopener\">Sharjah 24<\/a>. Alexandria International previously held 40k sqft of stores and offices in Sharjah, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/www.alexandriaintl.com\/office\/index.html#about\" style=\"\" rel=\"noopener\">website<\/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\">ENTERTAINMENT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New streaming platform in GCC:<\/strong> Tech platform Yango launched entertainment superapp Yango Play in the UAE, Saudi Arabia and other GCC countries, according to a <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/ae\/news-releases\/yango-unveils-yango-play-in-mena-an-ai-powered-entertainment-super-app-with-movies-series-music-and-mini-games-302063365.html\" style=\"\" rel=\"noopener\">press release<\/a>. Yango Play offers Arabic and international content, personalized music, and interactive games, as well as a bilingual AI assistant named \u201cYasmina\u201d who answers questions and provides a chat function. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CLIMATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi + Unesco advocate for environmental education: <\/strong>Abu Dhabi rolled out the Abu Dhabi Roadmap, a recommendation plan drafted in cooperation with Unesco aimed at improving global environment and sustainable development education, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/13rr97y-abu-dhabi-unveils-global-roadmap-for-environmental\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The plan \u201cidentifies several key actions that tackle climate change, waste management, and biodiversity loss, and can be implemented by countries across the globe,\u201d Abu Dhabi\u2019s <a target=\"_blank\" href=\"https:\/\/www.ead.gov.ae\/en\" style=\"\" rel=\"noopener\">Environment Agency<\/a> head Ahmed Baharoon said yesterday at the World Environmental Education Congress.<\/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>Sharjah Airport has added two daily flights to Islamabad, Pakistan<\/strong>,reports state news agency <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1pkkdz-sharjah-airport-welcomes-pakistani-carrier-fly\" style=\"\" rel=\"noopener\">Wam<\/a>. The flights will take to the air via <a target=\"_blank\" href=\"https:\/\/www.flyjinnah.com\/\" style=\"\" rel=\"noopener\">Fly Jinnah<\/a>, a Pakistani carrier jointly operated by Pakistan\u2019s <a target=\"_blank\" href=\"https:\/\/lakson.com.pk\/\" style=\"\" rel=\"noopener\">Lakson Group<\/a> and the UAE\u2019s <a target=\"_blank\" href=\"https:\/\/www.airarabia.com\/en\" style=\"\" rel=\"noopener\">Air Arabia Group<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/alexandria-international\/\">Alexandria International<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/climate\/\">climate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/entertainment\/\">entertainment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/industry-and-advanced-technology-ministry\/\">Industry and Advanced Technology Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/manufacturing\/\">MANUFACTURING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/real-estate\/\">Real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/uae-germany-relations\/\">UAE-Germany relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/yango\/\">Yango<\/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=\"89178\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"89178\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n           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alt=\"\" data-attachment-id=\"89179\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/investors-worry-geopolitics-could-put-an-end-to-us-stock-rally\/1748-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1748.JPG?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1748.JPG\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1748.JPG?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1748.JPG?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89178\" class=\"content-area-description single-story post-89178 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam-uae tag-financial-markets tag-israel-palestine-conflict tag-middle-east-politics tag-planet-finance tag-sp-500 tag-wall-street 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\/.d944d26c-1f35-409b-976b-bf50d65d9cbe.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>S&P 500 jitters: <\/strong>While earnings forecasts for S&P 500 companies over the next 12 months are at a record high and have helped the index surpass the 5k mark for the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/74ee5343-5710-48a8-8374-637b3d25e92c\" style=\"\" rel=\"noopener\">first time<\/a> earlier this month, the risk of Israel\u2019s war on Gaza further disrupting Red Sea shipping and leading to larger consumer boycotts could potentially upend the index\u2019s historic rally in the event that earnings forecasts have to be scaled back, writes <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-18\/record-us-stock-rally-is-under-threat-from-a-world-in-turmoil?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A nightmare on Wall Street<\/strong><strong>: <\/strong>Mentions of the Red Sea and geopolitics in American and European companies\u2019 earnings calls have occurred as frequently in the first half of 1Q2024 as during the entirety of 4Q2023, according to data collected by Bloomberg. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Geopolitical uncertainty was the defining feature of forecasts for 2024 at the end of last year. A <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f13d60a4-b5c5-4507-805b-5f2c6cc57d61\" style=\"\" rel=\"noopener\">poll<\/a> of 500 global institutional investors saw geopolitics as the biggest economic risk in 2024. Almost half of respondents (49%) cited \u201cgeopolitical bad actors\u201d as a key concern.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- Asian markets are mixed this morning<\/strong> as Shanghai opens for the first trading day since the weeklong Lunar New Year holiday. The Shanghai Composite and the Kospi are up, while the Hang Seng and Nikkei have slipped into the red in early trading. <strong>Europe looks set to open in the red <\/strong>later this morning, while the Nasdaq, Dow, and S&P look set to open the trading day flat. <\/p>\n<p><a target=\"_blank\" id=\"t.8036a23c44b15c5e62cad7670cbeb95a2d40e732\" rel=\"noopener\"><\/a><a target=\"_blank\" id=\"t.0\" rel=\"noopener\"><\/a> <\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,427<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.2% (YTD: -1.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,259<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +4.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">3,836<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.7% (YTD: -0.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4.96% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5.16% 1 yr<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>TASI<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">12,502<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +4.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">29,126<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.7% (YTD: +17.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,006<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.5% (YTD: +4.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">7,712<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.5% (YTD: -0.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,766<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5% (YTD: +5.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 83.47<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.7%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 1.61<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.8%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2,024.10<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.5%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 51,874.54<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +22.5%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The DFM rose 0.5% at Friday\u2019s close<\/strong>on turnover of AED 328.6 mn. The index is up 4.9% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Takaful Emarat (+14.9%), Emaar Development (+4.1%) and Emirates Reem Investments (+3.7%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Amlak Finance (-5.6%), Islamic Arab Ins. (-4.8%) and National Central Cooling (-3.6%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the ADX<\/strong>, the index closed up 0.2% on turnover of AED 862.5 mn, while the Nasdaq Dubai closed up 0.7%. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/israel-palestine-conflict\/\">Israel-Palestine conflict<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/middle-east-politics\/\">Middle East politics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sp-500\/\">S&amp;P 500<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/wall-street\/\">Wall Street<\/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=\"89180\" 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=\"89180\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/19\/mbz-talked-gcc-security-and-boosting-ties-with-bahraini-counterpart-more-aid-dispatched-to-palestine\/\">\r\n                            MbZ talked GCC security and boosting ties with Bahraini counterpart + More aid dispatched to Palestine                        <\/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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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1684.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1684.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1684.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1684.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89180\" class=\"content-area-description single-story post-89180 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-bahrain tag-diplomacy tag-enterpriseam-uae tag-federal-national-council tag-israel-palestine-conflict tag-war-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.48dcbee1-a607-48cc-b8a6-af212ab68106.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE, Bahrain to strengthen bilateral ties:<\/strong> President Sheikh Mohamed bin Zayed Al Nahyan met on Friday with Bahrain\u2019s King Hamad bin Isa Al Khalifa to discuss growing relations between the countries, as well as regional security, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1oz4si-uae-president-and-king-bahrain-discuss-fraternal\" 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>A Federal National Council parliamentary delegation headed to Morocco for the <\/strong><strong>Parliamentary Conference on South-South Cooperation<\/strong>, where it discussed boosting parliamentary ties with Jordan and Madagascar: <\/p>\n<ul>\n<li>FNC Speaker Saqr Ghobash met with Jordan\u2019s Lower House of Parliament Speaker Ahmed Safadi in Jordan to discuss strengthening parliamentary cooperation and activating joint parliamentary committees, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1q605l-uae-jordan-discuss-strengthening-parliamentary\" style=\"\" rel=\"noopener\">Wam<\/a> reports.<\/li>\n<li>FNC Second Deputy Speaker Maryam Majid Bin Thaniah met with Senate President Richard Ravalomanana to discuss parliamentary cooperation in technology, energy, investment, economy, and government administration, said FNC on <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/fnc.uae\/posts\/pfbid0zjufpbcUQUwzERY4kEweRK1ujsS3vDUbNX1X9rKBvhqKYCpypUGaanxEXAZEFTjgl\" style=\"\" rel=\"noopener\">Facebook<\/a>. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More aid to Gaza from Gallant Knight 3:<\/strong> A second aid ship carrying 4.5k tonnes of relief supplies arrived at Egypt\u2019s Al Arish City after departing from the port of Fujairah en route to Gaza, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1pkkgt-second-uae-aid-ship-arrives-arish-port-carrying\" style=\"\" rel=\"noopener\">Wam<\/a>. The Emirates also dispatched five automatic bakeries to Al Arish, expected to operate with a production capacity of 17.5k loaves per hour to help accommodate the needs of some 420k Gazans amidst a severe food shortage in Gaza, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1q5zx0-uae-sends-automatic-bakeries-arish-preparation-for\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/bahrain\/\">Bahrain<\/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\/federal-national-council\/\">Federal National Council<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/israel-palestine-conflict\/\">Israel-Palestine conflict<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/war-watch\/\">War Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89182\" 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\/19\/89182-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89182\" class=\"content-area-description single-story post-89182 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 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>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 style=\"font-weight:400;\">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>21-22 February (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dubai.stepconference.com\/\" style=\"\">Step Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai Internet 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:400;\">22-24 February (Thursday-Saturday): International Freight Forwarders Conference 2024 Dubai, Hyatt Hotel.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">22-29 February (Thursday-Thursday): UAE Innovates 2024, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">23-25 February (Friday-Sunday): Taste of Dubai Festival, Skydive Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">23 February-3 March (Friday-Sunday): Maritime Heritage Festival Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">23 February-3 March (Friday-Sunday): Sikka Art and Design Festival, Dubai<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">24 February (Saturday): Ras Al Khaimah Half Marathon, Al Marjan Island.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 February-2 March (Sunday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abudhabidesertchallenge.com\/\" style=\"\">Abu Dhabi Desert Challenge 2024<\/a><\/span><span style=\"font-weight:400;\">, Al Dhafra Region.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26-28 February (Monday-Wednesday): Management and Sustainability of Water Resources, Marriott Hotel Al Jaddaf.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26-28 February (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>28 February-5 March (Wednesday-Tuesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/xposure.evsreg.com\/home\/index\" style=\"\">Xposure International Photography Festival<\/a><\/span><span>,<\/span><span>Expo <\/span><span style=\"font-weight:400;\">Centre Sharjah.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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\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>Non-oil trade jumps | Exverse raises USD 3 mn | Dubai Metro Blue Line construction starting early<\/p>\n","protected":false},"featured_media":89162,"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-89161","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"db18b243-3fbe-4066-a281-b21ca56fd8b2","teaser":"Non-oil trade jumps | Exverse raises USD 3 mn | Dubai Metro Blue Line construction starting early","photo_url":"https:\/\/ent.news\/2024\/2\/1756.jpeg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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