{"id":89592,"date":"2024-03-01T00:00:00","date_gmt":"2024-03-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?post_type=issue&#038;p=89592"},"modified":"2025-12-14T23:38:45","modified_gmt":"2025-12-14T23:38:45","slug":"adnoc-closes-its-acquisition-of-a-24-9-stake-in-omv-as-borealis-borouge-merger-talks-continue","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/uae\/issues\/adnoc-closes-its-acquisition-of-a-24-9-stake-in-omv-as-borealis-borouge-merger-talks-continue\/","title":{"rendered":"Adnoc closes its acquisition of a 24.9% stake in OMV as Borealis-Borouge merger talks continue"},"content":{"rendered":"<section id=\"89594\" 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=\"89594\">\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\/03\/01\/uk-gcc-free-trade-agreement-could-help-trade-grow-16\/\">\r\n                            THIS MORNING: UK-GCC free trade agreement could help trade grow 16%                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/684.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89595\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/uk-gcc-free-trade-agreement-could-help-trade-grow-16\/684-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/684.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"684.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/684.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/684.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89594\" class=\"content-area-description single-story post-89594 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-adq tag-education tag-enterpriseam-uae tag-fuel tag-trade tag-what-were-tracking-today tag-world-trade-organization 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\/3\/.47ba0422-627e-4518-be9a-d785c0b039ea.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends.<\/strong> It\u2019s a reasonably calm Friday as far as the domestic news cycle goes, meaning we\u2019re sending you off into the weekend with a tight issue this morning.<\/p>\n<p class=\"tag-border-left\"> WTO MINISTERIAL- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>The potential freetrade agreement between the UK and the GCC could \u201cgrow trade by <\/strong><strong>around 16%,\u201d <\/strong>UK Trade Policy Secretary Greg Hands told Sky News Arabia on the sidelines of the World Trade Organization\u2019s ministerial conference in Abu Dhabi yesterday (<a target=\"_blank\" href=\"https:\/\/www.snabusiness.com\/video\/1696510-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A8%D8%B1%D9%8A%D8%B7%D8%A7%D9%86%D9%8A-%D9%86%D8%B3%D8%B9%D9%89-%D9%84%D8%A7%D9%95%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D9%84%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%AD%D8%B1%D8%A9-%D8%AF%D9%88%D9%84-%D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC\" style=\"\" rel=\"noopener\">watch, runtime 10:42<\/a>). Progress on the agreement is \u201cextremely strong,\u201d Hands said, stressing the importance of the pact for both the GCC and the UK as important trade partners. The freetrade agreement has been under discussion since June 2022, with the last round of negotiations in Riyadh last November.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE contributed AED 1 mn to facilitate LDC participation: <\/strong>The government committed AED 1 mn to the least-developed countries (LDCs) Trust Fund to cover the travel expenses and accommodation of LDCs\u2019 delegations to ensure their participation in the WTO ministerial conference (MC13), <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1wprhy-uae-contributes-aed1-million-support-ldcs%E2%80%99\" style=\"\" rel=\"noopener\">Wam<\/a> reports.<\/p>\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\u2019re paying more at the pump this month:<\/strong> The Fuel Pricing Committee decided to raise retail fuel prices for March after three consecutive months of price cuts, the Emirates General Petroleum Company said in <a target=\"_blank\" href=\"https:\/\/twitter.com\/EmaratOfficial\/status\/1763152970256920854\" style=\"\" rel=\"noopener\">a post on X<\/a> yesterday. The rundown:<\/p>\n<ul>\n<li>Super 98 is now AED 3.03 per liter, up 5.2%;<\/li>\n<li>Special 95 is now AED 2.92 per liter, up 7.2%;<\/li>\n<li>E-Plus 91 is now AED 2.85 per liter, up 5.9%; and <\/li>\n<li>Diesel is now AED 3.16 per liter, up 5.7%. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Fuel prices in the UAE mirror global oil markets.<\/strong> We liberalized fuel prices in 2015, and are now tracking monthly market movements when determining fuel prices for the month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Public school registrations for the 2024-2025 academic year will open from this <\/strong><strong>coming Monday<\/strong>, 4 March and will remain open until Friday, 15 March, welcoming newcomers, transfers from private schools, and students from outside the country according to an Emirates Schools Establishment announcement cited by <a target=\"_blank\" href=\"https:\/\/www.khaleejtimes.com\/uae\/education\/uae-date-announced-for-public-school-registrations-for-2024-2025-academic-year\" style=\"\" rel=\"noopener\">Al Khaleej<\/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\">INVESTMENT UPDATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>ADQ begins paying for development rights in Egypt\u2019s Ras El Hekma:<\/strong> Abu Dhabi wealth fund ADQ deposited with the Central Bank of Egypt the first USD 5 bn tranche of its USD 35 bn investment in Egypt\u2019s Ras El Hekma, Egyptian Prime Minister Moustafa Madbouly said in <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0gz4e4jR9do5sCDMfcRF4Tg2GCPwdpSjDakzFuhgLezkuRZCP3DF1J7XGbfbFQjqCl\" style=\"\" rel=\"noopener\">a statement<\/a> yesterday. ADQ is set to transfer another USD 5 bn later today, Madbouly confirmed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> ADQ is paying USD 24 bn for the development rights to Ras El Hekma and will convert some USD 11 bn worth of UAE deposits at the Central Bank of Egypt into money that it will \u201cinvest \u2026 in real estate and other prime projects,\u201d the fund said in its press release.<\/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 POINT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#1- Passenger traffic at Dubai International Airport (DXB) is expected to surpass 90 mn by<\/strong><strong> the end of 2024<\/strong>, Dubai Airports CEO Paul Griffiths told CNBC yesterday (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/video\/2024\/02\/29\/dubai-airports-ceo-discusses-passenger-traffic-forecast.html?&qsearchterm=\" style=\"\" rel=\"noopener\">watch, runtime: 2:32<\/a>). DXB passenger traffic hit 87 mn in 2023, up 31.7% y-o-y and marking a recovery to pre-pandemic levels, according to figures <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1123bce8-716d-4051-8a96-1306e3c898ca\" style=\"\" rel=\"noopener\">released last month<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The Middle East\u2019s luxury yacht market is projected to grow by over 50% by 2028<\/strong>, Shamal Holding\u2019s Commercial Operations VP Sudhin Siva told <a target=\"_blank\" href=\"https:\/\/cnnbusinessarabic.com\/transportation-travel\/49936\/%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D8%AA-%D9%86%D9%85%D9%88-%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%A7%D9%84%D9%8A%D8%AE%D9%88%D8%AA-%D8%A7%D9%84%D9%81%D8%A7%D8%AE%D8%B1%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%B4%D8%B1%D9%82-%D8%A7%D9%84%D8%A3%D9%88%D8%B3%D8%B7-%D8%A8%D9%86%D8%B3%D8%A8%D8%A9-50-%D8%B9%D8%A7%D9%85-2028-%D9%88%D8%AF%D8%A8%D9%8A-%D8%AA%D9%82%D9%88%D8%AF-%D8%A7%D9%84%D9%85%D9%88%D8%AC%D8%A9\" style=\"\" rel=\"noopener\">CNN Business Arabic<\/a>, noting that the maritime industry contributes some AED 129 bn to the Emirates\u2019 GDP. The industry\u2019s contribution to the economy grew 18% y-o-y in 2022, Energy and Infrastructure Minister Suhail Al Mazrouei said in <a target=\"_blank\" href=\"https:\/\/economymiddleeast.com\/news\/uaes-maritime-sector-sees-impressive-growth-contributing-aed129-billion-to-gdp\/\" style=\"\" rel=\"noopener\">October<\/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\"> HAPPENING TODAY-<\/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.govgames.ae\/\" style=\"\" rel=\"noopener\">GovGames 2024<\/a><\/strong><strong> is underway<\/strong>and will run through this Sunday, 3 March. The event features physical challenges across various categories, with some 194 teams from around the world set to join.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.menatransport.org\/website\/3387\/\" style=\"\" rel=\"noopener\">MENA Transport Congress and Exhibition<\/a><\/strong><strong> 2024 concludes today<\/strong> at the Dubai World Trade Center.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/visit.boatshowdubai.com\/\" style=\"\" rel=\"noopener\">Dubai International Boat Show<\/a><\/strong><strong> is also underway at Dubai Harbor, running until <\/strong><strong>Sunday, 3 March. <\/strong>The event will showcase over 1k brands and over 200 boats from renowned shipyards like Azimut, Sunseeker Gulf, and Gulf Craft, and serves as a crucial sales and networking platform for both local manufacturers and global distributors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- It\u2019s semi-finals day for the men\u2019s singles at the Dubai Dutyfree Championship.<\/strong> Daniil Medvedev is facing off against Ugo Humbert at 5pm today, after Medvedev beat Alejandro Davidovich Fokina in the quarter-finals yesterday. Meanwhile, Andrey Rublev \u2014 who edged out Sebastian Korda yesterday \u2014 and Alexander Bublik play at 3pm today.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/adfosummit.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi Family Office Summit<\/a><\/strong><strong> will tak<\/strong><strong>e place today <\/strong>in Saadiyat Rotana. The summit includes interactive panels geared at helping family businesses attract investment and set up offices in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#7- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.artdubai.ae\/\" style=\"\" rel=\"noopener\">Art Dubai<\/a><\/strong><strong> opens its doors today and will run until Sunday, 3 March. <\/strong>The international art fair will be showcasing over 120 contemporary presentations from 60 cities at Dubai\u2019s Madinat Jumeirah.<\/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 NEXT WEEK-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=622787dc7f&e=5875b1ac4f\" style=\"\" rel=\"noopener\">MRO Middle East<\/a><\/strong><strong> next Tuesday and Wednesday<\/strong>, 5-6 March in Dubai. The two-day event will bring together key decision-makers from airlines, MROs, OEMs, lessors, and suppliers spanning all aspects of aviation supply chain.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.worldpolicesummit.com\/exhibition\/visitor-registration?utm_source=optinmonster&utm_medium=web-banner&utm_campaign=websitepopup&utm_content=\" style=\"\" rel=\"noopener\">World Police Summit<\/a><\/strong><strong> will begin next Tuesday, 5 March and run until <\/strong><strong>Thursday, 7 March, <\/strong>at the Dubai World Trade Center. The event will welcome over 20k global law enforcement and security industry professionals to explore solutions to mitigate crime.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Forbes will return to Abu Dhabi next Tuesday, 5 March, for its annual <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.forbes.com\/connect\/event\/2024-forbes-3050-summit-abu-dhabi?promo=PRPR1&tr=true\" style=\"\" rel=\"noopener\">30\/50<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.forbes.com\/connect\/event\/2024-forbes-3050-summit-abu-dhabi?promo=PRPR1&tr=true\" style=\"\" rel=\"noopener\">Summit<\/a><\/strong><strong>, <\/strong>scheduled to run until Friday, 8 March. Meg Ryan, Suze Orman, and Sheila Johnson will headline the event spotlighting the Forbes Under 30 and 50 Over 50 lists, coinciding with International Women\u2019s Day, <a target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/forbes-spotlights\/2023\/12\/12\/meg-ryan-suze-orman-and-sheila-johnson-to-headline-forbes-third-annual-3050-summit-in-abu-dhabi-during-international-womens-day\/?sh=219f7389fe64\" style=\"\" rel=\"noopener\">Forbes<\/a> previously reported.<\/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.dealmiddleeastshow.com\/\" style=\"\" rel=\"noopener\">Dubai Entertainment Amusement & Leisure Exhibition<\/a><\/strong><strong> opens its doors <\/strong><strong>next Tuesday, 5 March, <\/strong>in Dubai.The three-day trade show will welcome global exhibitors in entertainment and amusement, before wrapping on Thursday, 7 March. <\/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\">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><a target=\"_blank\" href=\"https:\/\/dct.gov.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi\u2019s Department of Culture and Tourism<\/a><\/strong><strong>\u2019s Souq Al Wahat will host an African <\/strong><strong>parade on Saturday and Sunday, 2-3 March<\/strong>, reports the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/arts-culture\/souq-al-wahat-pop-up-market-to-take-place-in-al-ain\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. Souq Al Wahat will open its doors again the following weekend (until Sunday, 10 March) with its final weekend dedicated to American culture, hot dogs, and country dancing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.arada.com\/en\/feb-mar-2024-championships\/\" style=\"\" rel=\"noopener\">World Skate Tour<\/a><\/strong><strong> will kick off its Middle Eastern leg on Sunday, 3 March<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/February\/24-02\/World-Skate-Tour-extravaganza-officially-underway-in-Dubai\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The Middle East\u2019s debut pro skating event will return to Dubai Harbor next week, with over 500 skaters from 65 countries competing in back-to-back rounds until Sunday, 10 March, with finalists qualifying for the Summer Olympic Games. Tickets for the tour\u2019s two-week stop in Dubai can be purchased through Virgin Radio, for more information and the full schedule, check out the <a target=\"_blank\" href=\"https:\/\/www.arada.com\/en\/feb-mar-2024-championships\/\" style=\"\" rel=\"noopener\">Adara website<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adq\/\">ADQ<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/fuel\/\">fuel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/world-trade-organization\/\">World Trade Organization<\/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=\"89596\" 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=\"89596\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/adnoc-acquires-24-9-stake-in-austrian-omv\/\">\r\n                            Adnoc acquires 24.9% stake in Austrian OMV                        <\/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\/03\/01\/adnoc-acquires-24-9-stake-in-austrian-omv\/\" 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\/03\/01\/adnoc-acquires-24-9-stake-in-austrian-omv\/')\">\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\/03\/01\/adnoc-acquires-24-9-stake-in-austrian-omv\/\">\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=Adnoc acquires 24.9% stake in Austrian OMV&url=https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/adnoc-acquires-24-9-stake-in-austrian-omv\/\">\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\/03\/01\/adnoc-acquires-24-9-stake-in-austrian-omv\/&title=Adnoc acquires 24.9% stake in Austrian OMV\">\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=Adnoc+acquires+24.9%25+stake+in+Austrian+OMV+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F03%2F01%2Fadnoc-acquires-24-9-stake-in-austrian-omv%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\/03\/01\/adnoc-acquires-24-9-stake-in-austrian-omv\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1853.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89597\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/adnoc-acquires-24-9-stake-in-austrian-omv\/1853-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1853.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1853.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1853.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1853.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89596\" class=\"content-area-description single-story post-89596 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-adnoc tag-borouge tag-enterpriseam-uae tag-ma-watch tag-mubadala tag-omv 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\/3\/.9bfe7463-75cc-48f9-97de-2dc852d11997.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Mubadala offloads OMV stake to Adnoc: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi National Oil Company<\/a> (Adnoc) closed its acquisition of a 24.9% minority stake in Austria-based integrated oil and gas company <a target=\"_blank\" href=\"https:\/\/www.omv.com\/en\" style=\"\" rel=\"noopener\">OMV<\/a> that was previously held by Abu Dhabi sovereign wealth fund Mubadala, Adnoc said in a <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2023\/adnoc-closes-acquisition-of-249-stake-in-omv\" style=\"\" rel=\"noopener\">statement<\/a> yesterday. The statement did not disclose the financial value of the transaction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who will own what? <\/strong>Adnoc now holds 24.9% of OMV, while Austrian state-owned holding company \u00d6sterreichische Beteiligungs AG retains a 31.5% stake. The remaining 56.4% shares will continue to be traded in freefloat on the Vienna Stock Exchange. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> Adnoc is set to nominate two representatives to hold seats on OMV\u2019s supervisory board. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A double gain for Adnoc:<\/strong> The new acquisition will see Adnoc increase its stake in both <a target=\"_blank\" href=\"https:\/\/www.borealisgroup.com\/\" style=\"\" rel=\"noopener\">Borealis<\/a> and <a target=\"_blank\" href=\"https:\/\/www.borouge.com\/en\/Pages\/home.aspx\" style=\"\" rel=\"noopener\">Borouge<\/a>, \u201cfurther bolstering its footprint in the chemicals sector, enabling synergies and unlocking significant growth opportunities across its broader chemicals portfolio, in particular at Borouge,\u201d according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cBuilding on our 25% shareholding in Borealis, this transaction marks the next transformative step as we accelerate our ambitious chemicals growth strategy, unlocking significant growth and value creation opportunities for Adnoc, OMV and their respective shareholders,\u201d Adnoc\u2019s Downstream Industry, Marketing and Trading executive director Khaled Salmeen said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move comes after months of on and off negotiations between the two companies on a merger of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cd91a967-4f75-4819-9f59-a218d18fcd1e#:~:text=%231%2DRenewed,back%20in%20November.\" style=\"\" rel=\"noopener\">Borouge and Borealis<\/a><\/strong>, worth an estimated USD 30 bn. The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0df74e8c-26c2-4e16-a5e2-1d69121849ed#:~:text=%231%2DAdnoc%E2%80%99s,salmon%2Dcolored%20publication.\" style=\"\" rel=\"noopener\">latest round of negotiations<\/a> was reportedly stalled to \u201cnavigate a series of disagreements,\u201d ranging from the name of the potential merged entity to \u201cthe more serious.\u201d The merger, which was first announced in <a target=\"_blank\" href=\"https:\/\/www.omv.com\/en\/news\/omv-decides-to-pursue-negotiations-with-adnoc-on-a-potential-cooperation-regarding-their-polyolefins-businesses-\" style=\"\" rel=\"noopener\">July<\/a>, was expected to give both companies an equal controlling stake.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The merger is still on the table: <\/strong>\u201cAdnoc and OMV also continue to be engaged in open-ended negotiations about the potential creation of a new combined petrochemicals holding entity, through the proposed merger of their respective existing shareholdings in Borouge and Borealis,\u201d Adnoc said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/borouge\/\">Borouge<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mubadala\/\">Mubadala<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/omv\/\">OMV<\/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=\"89598\" 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=\"89598\">\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\">INFRASTRUCTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/ksas-acwa-secures-usd-738-mn-to-finance-dubais-hassyan-desalination-plant\/\">\r\n                            KSA\u2019s Acwa secures USD 738 mn to finance Dubai\u2019s Hassyan desalination plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/ksas-acwa-secures-usd-738-mn-to-finance-dubais-hassyan-desalination-plant\/\" 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\/03\/01\/ksas-acwa-secures-usd-738-mn-to-finance-dubais-hassyan-desalination-plant\/')\">\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\/03\/01\/ksas-acwa-secures-usd-738-mn-to-finance-dubais-hassyan-desalination-plant\/\">\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 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           <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=KSA%E2%80%99s+Acwa+secures+USD+738+mn+to+finance+Dubai%E2%80%99s+Hassyan+desalination+plant+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F03%2F01%2Fksas-acwa-secures-usd-738-mn-to-finance-dubais-hassyan-desalination-plant%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\/03\/01\/ksas-acwa-secures-usd-738-mn-to-finance-dubais-hassyan-desalination-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2904.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89599\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/ksas-acwa-secures-usd-738-mn-to-finance-dubais-hassyan-desalination-plant\/2904-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2904.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2904.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2904.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2904.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89598\" class=\"content-area-description single-story post-89598 post type-post status-publish format-standard has-post-thumbnail hentry category-infrastructure tag-desalination tag-dewa tag-enterpriseam-uae tag-infrastructure tag-ksa 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\/3\/.8e57f99a-489d-4bca-8f10-b26e7acdd429.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>USD 738 mn for Dubai desalination plant:<\/strong> Saudi Arabia\u2019s renewable energy giant Acwa Power has secured SAR 2.77 bn in funding for its SAR 3.45 bn (USD 914 mn) solar-powered Hassyan water desalination project in Dubai, the company said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/04_Sj9CPykssy0xPLMnMz0vMAfIjo8ziTR3NDIw8LAz83d2MXA0C3SydAl1c3Q0NvE30w1EVGAQHmAIVBPga-xgEGbgbmOlHEaPfAAdwNCCsPwqvEndzdAVYnAhWgMcNXvpR6Tn5SZDwyCgpKbBSNVA1KElMSSwvzVEFujE5P7cgMa8yuDI3KR-oyMjAwki_IDc0wiAzIDfcUVERAAqHJIc!\/dz\/d5\/L0lDU0NRa2dwUXBRa0tDbEVLQ2xFS0lLVVFvZ3BSSWshL1lEVUVBQUFJSUVNRUNLSUVBR0lHT0lPSUJKRkpGQkpORE5EQk5MTEhMSFBJRUVMQWdvZ292QXNDQUEhIS80SkNpaksxYkdMamlFRXBNaFNUVVU1Q21tb1pyZHJMWnpVODF1MWxzRnFLVlZHS0EvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvdmlldy9ub3JtYWwvQU5OT1VOQ0VNRU5UX05VTUJFUi83ODQ2My9jb21wYW55U3ltYm9sLzIwODIvaHR0cDolMCUwdGFkYXd1bCUwL2FubkNhdC8xL2FuSWQvZW4!\/\" style=\"\" rel=\"noopener\">Tadawul<\/a> disclosure. The financing period will last 32.5 years and will fund the development and construction of the plant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Local and international lenders are financing the project:<\/strong> The lending consortium includes Standard Chartered, MUFG Bank, Emirates NBD, Korea Development Bank, the Commercial Bank of Dubai, Abu Dhabi Commercial Bank, China Construction Bank, Agricultural Bank of China, Arab Petroleum Investments Corporation, Sumitomo Mitsui Trust Bank, Industrial and Commercial Bank Of China Limited, Boubyan Bank, and export credit agency Saudi EXIM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The facility, set to be one of the largest solar-powered seawater reverse osmosis plants, <\/strong><strong>will begin commissioning of its first phase in 2026. <\/strong>The project is Dewa\u2019s first to be carried out under an Independent Water Producer (IWP) model, and is part of its efforts to increase its water desalination capacity to 730 mn imperial gallons per day by 2030, up from the current 490. Once completed, Dewa will have an output of 670 mn imperial gallons per day. The facility has a capacity of 681.4k cbm per day. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER:<\/strong> The Dubai Electricity and Water Authority (Dewa) tapped Acwa Power to construct and operate the project back in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7639b92a-e95d-4bf5-a619-35958918efb9\" style=\"\" rel=\"noopener\">August 2023<\/a>, and signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0fb24ee4-1680-495c-9072-97df1cf8c419\" style=\"\" rel=\"noopener\">30-year water purchase agreement<\/a> with Acwa Power to buy water from phase 1 of the desalination plant last year. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/desalination\/\">desalination<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dewa\/\">DEWA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/ksa\/\">KSA<\/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=\"89600 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=\"89600\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/89600-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89600\" class=\"content-area-description single-story post-89600 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.mashreq.com\/en\/uae\/neo\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/801.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89601\" 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=\"89601\">\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\">REAL ESTATE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/emaar-ups-its-portfolio-with-aed-96-bn-neighborhood-developments\/\">\r\n                            Emaar ups its portfolio with AED 96 bn neighborhood developments                        <\/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\/03\/01\/emaar-ups-its-portfolio-with-aed-96-bn-neighborhood-developments\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The neighborhoods \u2014 The Heights Country Club and The Grand Club Resort \u2014 will house high-end villas and townhouses in the city. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The AED 55 bn Heights Country Club will cover 81 mn sqft in Dubai, while the AED 41 bn Grand Club Resort spans 60 mn sq ft adjacent to Emaar\u2019s Oasis estate. Emaar did not disclose a timeline for their expected handovers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>Activity levels in Dubai\u2019s real estate market have more than doubled since 2021, with transactions climbing 29% y-o-y in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c6435782-6320-496f-9931-c1e92f4edc2c\" style=\"\" rel=\"noopener\">2023<\/a> to surpass the 100k mark for the first time. Increased demand comes on the back of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c7859e91-1b27-4af2-9988-e59791032e2c\" style=\"\" rel=\"noopener\">high influx of foreign buyers<\/a> turning to Dubai\u2019s property market to safeguard their investments amidst geopolitical tensions and sanctions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The luxury segment is on the rise: <\/strong>Transactions for luxury properties in Dubai grew 63% y-o-y in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/c6435782-6320-496f-9931-c1e92f4edc2c\" style=\"\" rel=\"noopener\">2023<\/a>. The emirate saw a record 431 units valued at over USD 10 mn handed off last year, owing to its ability to appeal to the international elite as \u201cone of the most affordable luxury markets in the world,\u201d according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/research-and-studies\/knight-frank-dubai-shows-strong-luxury-price-growth-in-global-market-trends-for-2023-cqsa5gmh\" style=\"\" rel=\"noopener\">report by Knight Frank<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/emaar\/\">Emaar<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89603\" 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=\"89603\">\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\">KUDOS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/fils-and-sui-score-best-social-impact-project-award-for-sustainable-partnership\/\">\r\n                            Fils and Sui score Best Social Impact Project award for sustainable partnership                        <\/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\/03\/01\/fils-and-sui-score-best-social-impact-project-award-for-sustainable-partnership\/\" 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\/03\/01\/fils-and-sui-score-best-social-impact-project-award-for-sustainable-partnership\/')\">\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\/03\/01\/fils-and-sui-score-best-social-impact-project-award-for-sustainable-partnership\/\">\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=Fils and Sui score Best Social Impact Project award for sustainable partnership&url=https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/fils-and-sui-score-best-social-impact-project-award-for-sustainable-partnership\/\">\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\/03\/01\/fils-and-sui-score-best-social-impact-project-award-for-sustainable-partnership\/&title=Fils and Sui score Best Social Impact Project award for sustainable partnership\">\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=Fils+and+Sui+score+Best+Social+Impact+Project+award+for+sustainable+partnership+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F03%2F01%2Ffils-and-sui-score-best-social-impact-project-award-for-sustainable-partnership%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\/03\/01\/fils-and-sui-score-best-social-impact-project-award-for-sustainable-partnership\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89604\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/fils-and-sui-score-best-social-impact-project-award-for-sustainable-partnership\/1201-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1201.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1201.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89603\" class=\"content-area-description single-story post-89603 post type-post status-publish format-standard has-post-thumbnail hentry category-kudos tag-enterpriseam-uae tag-kudos tag-mbru tag-sui 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\/3\/.583c4600-7dd9-49b6-a38d-5087e6bb042e.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai-based fintech company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/filsnow.com\/\" style=\"\" rel=\"noopener\">Fils<\/a><\/strong><strong> and US blockchain platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/sui.io\/\" style=\"\" rel=\"noopener\">Sui<\/a><\/strong><strong>\u2019s green partnership<\/strong><strong> won the 2024 Best Social Impact Project award at the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/aibc.world\/eurasia\/awards\/\" style=\"\" rel=\"noopener\">AIBC Eurasia Awards<\/a><\/strong>,according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/2644.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The award nods to the digital players\u2019 collaboration back in <a target=\"_blank\" href=\"https:\/\/www.arabianbusiness.com\/industries\/technology\/sui-and-fils-partner-to-combat-climate-change-with-blockchain-powered-carbon-credits\" style=\"\" rel=\"noopener\">December 2023<\/a>, which saw Fils integrate Sui\u2019s blockchain technology to track carbon credits in its ecosystem, helping businesses mark off ESGs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some 10% of Mohammed Bin Rashid University of Medicine (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mbru.ac.ae\/\" style=\"\" rel=\"noopener\">MBRU<\/a><\/strong><strong>) faculty have been <\/strong><strong>placed in <\/strong><strong>Stanford\u2019s list of the world\u2019s top 2% of scientists<\/strong>, which recognizes the top most-cited researchers globally,reports <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b1viwv3-dubai-health-scientists-placed-worlds-top\" 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>Empower adheres to Emiratisation targets:<\/strong> Over 15% of the Emirates Central Cooling Systems\u2019 (Empower) workforce is Emirati as of December 2023, with a gender balance focus where women constitute 45% and men make up 55% of the company\u2019s employees, the company said in an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/2884.pdf\" style=\"\" rel=\"noopener\">ADX filing (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More Ramadan aid to Gaza: <\/strong>In partnership with American Near East Refugee Aid (<a target=\"_blank\" href=\"https:\/\/www.google.com\/aclk?sa=l&ai=DChcSEwimitq7qdCEAxXoCAYAHclYDgwYABAAGgJ3cw&ase=2&gclid=Cj0KCQiA84CvBhCaARIsAMkAvkIadEbtcy3MKEYmphegGNvwvAt9yBdOpNuVwqcSNrCjztpKnQcFVbQaAgaLEALw_wcB&sig=AOD64_3EnnR1BVglhjFQGO5B1RMIUue5dw&q&nis=4&adurl&ved=2ahUKEwj5lNO7qdCEAxW_dqQEHd_0BbkQ0Qx6BAgOEAE\" style=\"\" rel=\"noopener\">Anera<\/a>), Dubai-based charity <a target=\"_blank\" href=\"https:\/\/www.dubaicares.ae\/\" style=\"\" rel=\"noopener\">Dubai Cares<\/a> has launched a \u201cGaza In Our Hearts\u201d Ramadan fundraising campaign, geared at raising emergency relief funds for hot meals, food baskets, waterproof, and fire-resistant tents in Gaza, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1w4cdy-dubai-cares-unveils-its-ramadan-campaign-gaza-our\" style=\"\" rel=\"noopener\">Wam<\/a>. You can donate to the campaign <a target=\"_blank\" href=\"http:\/\/www.dubaicares.ae\" style=\"\" rel=\"noopener\">here<\/a>, or by sending an SMS to <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1w4cdy-dubai-cares-unveils-its-ramadan-campaign-gaza-our\" style=\"\" rel=\"noopener\">these numbers<\/a> via du ore& carriers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Emirates Red Crescent launched 300 housing units in Syria\u2019s Latakia governorate<\/strong>as part of the UAE\u2019s Gallant Knight 2 humanitarian operation, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1wprwp-erc-opens-300-housing-units-latakia-part-operation\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The units are part of a wider project aimed at delivering 1k housing units to 1.5k Syrians in the areas devastated by the earthquake that hit Latakia in <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/syrias-quake-death-toll-govt-held-areas-reaches-1347-state-media-2023-02-09\/\" style=\"\" rel=\"noopener\">February last year<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/kudos\/\">KUDOS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/mbru\/\">MBRU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/sui\/\">Sui<\/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=\"89605\" 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=\"89605\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">TRENDING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/a-good-day-to-be-an-al-ain-fan\/\">\r\n                            Al Ain beat Hatta 5-3, and X loves it                        <\/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\/03\/01\/a-good-day-to-be-an-al-ain-fan\/\" 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\/03\/01\/a-good-day-to-be-an-al-ain-fan\/')\">\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\/03\/01\/a-good-day-to-be-an-al-ain-fan\/\">\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=A good day to be an Al Ain fan&url=https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/a-good-day-to-be-an-al-ain-fan\/\">\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\/03\/01\/a-good-day-to-be-an-al-ain-fan\/&title=A good day to be an Al Ain fan\">\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=A+good+day+to+be+an+Al+Ain+fan+https%3A%2F%2Fenterpriseam.com%2Fuae%2F2024%2F03%2F01%2Fa-good-day-to-be-an-al-ain-fan%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\/03\/01\/a-good-day-to-be-an-al-ain-fan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2919.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89606\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/a-good-day-to-be-an-al-ain-fan\/2919-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2919.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2919.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2919.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2919.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89605\" class=\"content-area-description single-story post-89605 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\/3\/.6ba44435-99a4-48cf-8c8e-105b33fef798.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a very much a football-focused day on X<\/strong>, with <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/%D8%A7%D9%84%D8%B9%D9%8A%D9%86_%D8%AD%D8%AA%D8%A7?src=hashtag_click\" style=\"\" rel=\"noopener\">#\u0627\u0644\u0639\u064a\u0646_\u062d\u062a\u0627<\/a> (Al Ain-Hatta) making the rounds after Al Ain defeated Hatta 5-3 in the Adnoc Pro League. The match saw a brace from <a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%D8%B3%D9%84%D8%B7%D8%A7%D9%86%20%D8%A7%D9%84%D8%B4%D8%A7%D9%85%D8%B3%D9%8A&src=typeahead_click\" style=\"\" rel=\"noopener\">#\u0633\u0644\u0637\u0627\u0646 \u0627\u0644\u0634\u0627\u0645\u0633\u064a<\/a> Sultan Al Shamsi in the <a target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%D8%B3%D9%84%D8%B7%D8%A7%D9%86%20%D8%A7%D9%84%D8%B4%D8%A7%D9%85%D8%B3%D9%8A&src=typeahead_click\" style=\"\" rel=\"noopener\">45<\/a>, and <a target=\"_blank\" href=\"https:\/\/twitter.com\/ADSportsTV\/status\/1763208819071394205\" style=\"\" rel=\"noopener\">45+2<\/a> minute. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/football\/\">football<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/trending\/\">TRENDING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89607\" 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             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             <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/masdar-closes-acquisition-of-rwes-offshore-wind-farms-amea-is-moving-forward-with-egypt-green-ammonia-plant\/\">\r\n                            Masdar closes acquisition of RWE\u2019s offshore wind farms + AMEA is moving forward with Egypt green ammonia plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2455.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"89609\" data-permalink=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/masdar-closes-acquisition-of-rwes-offshore-wind-farms-amea-is-moving-forward-with-egypt-green-ammonia-plant\/2455-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2455.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2455.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2455.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2455.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89608\" class=\"content-area-description single-story post-89608 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-difc tag-enterpriseam-uae tag-gulf-craft tag-manufacture tag-tech tag-tourism 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\/3\/.6168d06e-b6d9-4303-b73f-d4324721a471.mp3\"><\/audio><\/figure><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>#1- Masdar closes UK wind farm acquisition:<\/strong> Renewables player Masdar closed theacquisition of a 49% stake in German energy company RWE\u2019s 3 GW Dogger Bank South offshore wind farms, according to a <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/news\/newsroom\/masdar-finalizes-joint-investment-in-3gw-uk-offshore-wind-project\" style=\"\" rel=\"noopener\">statement<\/a>. The acquisition comes as part of Masdar\u2019s larger GBP 11 bn investment ticket into UK renewables, as the plants are expected to generate 3 GW of wind power, accelerating the decarbonization of the UK's energy system. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Masdar\u2019s UK expansion was first announced in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/48d8b583-0313-4a09-9f1c-7a8786be6a6c\" style=\"\" rel=\"noopener\">December<\/a><\/strong><strong>during COP28,<\/strong> paving the way for Masdar and RWE to <a target=\"_blank\" href=\"https:\/\/www.rwe.com\/en\/press\/rwe-offshore-wind-gmbh\/2023-12-01-rwe-and-masdar-form-joint-ventures\/\" style=\"\" rel=\"noopener\">co-develop the two offshore wind farms<\/a>, with construction starting as early as 2025. The first 800 MW of electricity is planned to come online in 2029, with the aim to fully commission the projects by late 2031.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- The finalized acquisition comes on the heels of Masdar\u2019s subsidiary, Masdar Arlington Energy, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a8ff7c2a-fa7f-4125-8c3b-2736bcc99d80#:~:text=%232%2D%20Masdar%20subsidiary,2030%20through%20Arlington.\" style=\"\" rel=\"noopener\">breaking ground<\/a><\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a8ff7c2a-fa7f-4125-8c3b-2736bcc99d80#:~:text=%232%2D%20Masdar%20subsidiary,2030%20through%20Arlington.\" style=\"\" rel=\"noopener\">on two battery energy storage systems<\/a> in the UK as part of a GBP 1 bn investment program. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Amea Power moves forward with its green ammonia plant in Egypt: <\/strong>Renewables company Amea Power has started to conduct front end engineering design (FEED) works for its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/21e4cbfc-0a24-4d67-975b-473caa942243\" style=\"\" rel=\"noopener\">green hydrogen-based ammonia production facility<\/a> in Ain Sokhna, <a target=\"_blank\" href=\"https:\/\/www.meed.com\/amea-power-starts-egypt-hydrogen-engineering-works\" style=\"\" rel=\"noopener\">Meed<\/a> reported yesterday. The company also tapped an unnamed engineering procurement and construction (EPC) company to begin construction schemes, the company\u2019s project development manager Ignacio Carreras told Meed, adding that Amea Power is also currently working with a hydrogen electrolyser and ammonia licensor. In the meantime \u201cother contractors for the wind and solar measurement campaign are being mandated as we speak,\u201d Carreras said. The company aims to reach a final investment decision by 1Q 2026.<\/p>\n<p class=\"tag-border-left\">RENEWABLES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The upcoming phase of MBR solar park may be getting a battery storage facility: <\/strong>The Dubai Water and Electricity Authority (Dewa) is reportedly looking into adding a battery energy storage system to the USD 1.5 bn, 1.8 GW sixth phase \u2014 currently under construction \u2014 of its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bb053132-24a2-4886-a66e-5d8a34ba2785\" style=\"\" rel=\"noopener\">4.66 GW Mohammed Bin Rashid Solar Park<\/a>, <a target=\"_blank\" href=\"https:\/\/guest.meed.com\/dubai-plans-battery-energy-storage\/\" style=\"\" rel=\"noopener\">Meed<\/a> reports, citing a company source familiar with the matter. This comes a month after Dewa and Masdar (tapped as the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9240b002-affa-47ce-b989-011960533c9a\" style=\"\" rel=\"noopener\">preferred bidder<\/a> for the project back in August) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bb053132-24a2-4886-a66e-5d8a34ba2785\" style=\"\" rel=\"noopener\">reached financial close<\/a> for the sixth phase. The planned investment ticket and timeline for the battery project were not disclosed. <\/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\">PETROCHEMICALS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Borouge sets up shop in Kenya, South Korea:<\/strong> Adnoc petrochemicals JV <a target=\"_blank\" href=\"https:\/\/www.borouge.com\/\" style=\"\" rel=\"noopener\">Borouge<\/a> has established its new international offices in Kenya and South Korea as part of an expansion plan to grow its global presence and \u201cenhance its extensive international sales and supply chain infrastructure,\u201d <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b1wprqq-borouge-expands-global-presence-with-new-offices\" style=\"\" rel=\"noopener\">Wam<\/a> reports. With the launch of the new offices, Borouge has grown its portfolio of international offices to 14 across the UAE, China, Egypt, Japan, India, and Southeast Asia. <\/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\"> BANKING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#1- Introducing the UAE\u2019s first digital Islamic bank:<\/strong> Islamic digital-only bank Ruya is set to launch in the UAE after receiving a license from the Central Bank of the UAE as a specialized bank, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b1wprto-ruya-digital-community-islamic-bank-launched-uae\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Headquartered in Ajman, the bank will offer its services nationwide through digital open house forums to operate as branches, \u201c[encouraging] informal interactions between customers, community members and the bank.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ajmanbank.ae\/site\/\" style=\"\" rel=\"noopener\">Ajman Bank<\/a><\/strong><strong> partnered with KPMG ESG services to develop the lender\u2019s inaugural <\/strong><strong>e<\/strong><strong>nvironmental, social, and governance (ESG) framework<\/strong>, a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/ar\/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%8A%D8%A9\/%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%AD%D9%83%D9%88%D9%85%D9%8A%D8%A9\/%D9%85%D8%B5%D8%B1%D9%81-%D8%B9%D8%AC%D9%85%D8%A7%D9%86-%D9%8A%D9%88%D9%82%D8%B9-%D9%85%D8%B0%D9%83%D8%B1%D8%A9-%D8%AA%D9%81%D8%A7%D9%87%D9%85-%D9%85%D8%B9-%D8%B4%D8%B1%D9%83%D8%A9-%D9%83%D9%8A%D9%87-%D8%A8%D9%8A-%D8%A5%D9%85-%D8%AC%D9%8A-%D9%84%D8%A5%D8%B1%D8%B3%D8%A7%D8%A1-%D8%B1%D9%83%D8%A7%D8%A6%D8%B2-%D8%A7%D9%84%D8%B9%D9%85%D9%84-%D9%81%D9%8A-%D8%A5%D8%B7%D8%A7%D8%B1-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AF%D8%A7%D9%85%D8%A9-%D9%88%D8%A7%D9%84%D8%AD%D9%88%D9%83%D9%85%D8%A9-%D8%A7%D9%84%D8%A8%D9%8A%D8%A6%D9%8A%D8%A9-eshi7vhj\" style=\"\" rel=\"noopener\">press release<\/a> reads. KPMG will help Ajman Bank undergo an assessment to establish its carbon footprint limits, pinpoint strategic sustainability priorities, and set sustainable goals.<\/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\">FINANCE-<\/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.morganstanley.com\/\" style=\"\" rel=\"noopener\">Morgan Stanley<\/a><\/strong><strong> opens its second office in the UAE:<\/strong> Investment bank Morgan Stanely has set up its Abu Dhabi office in Abu Dhabi Global Market, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/morgan-stanley-opens-abu-dhabi-office-expanding-gulf-presence-2024-02-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The new office marks its second office in the UAE after the firm set up shop in the Dubai International Financial Center. <\/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\"> TOURISM-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi\u2019s Department of Culture and Tourism <\/strong><strong><a target=\"_blank\" href=\"https:\/\/dct.gov.ae\/\" style=\"\" rel=\"noopener\">(DCT)<\/a><\/strong><strong> and Abu Dhabi Energy Services <\/strong><strong>(<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ades.ae\/\" style=\"\" rel=\"noopener\">ADES<\/a><\/strong><strong>) completed improvements on seven cultural sites<\/strong>,aiming to reduce their water and energy consumption, reports the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/tourism\/department-of-culture-and-tourism-abu-dhabi-and-abu-dhabi-energy-services-retrofit-7-heritage-and-cultural-buildings\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The sites are Al Jahili Fort, Al Raha Beach Theatre, Al Qattara Arts Centre, Al Ain Oasis, Zayed Central Library, Al Daham Building, and Hosn Al Dhafra . <\/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\">TECH-<\/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.dm.gov.ae\/\" style=\"\" rel=\"noopener\">Dubai Municipality<\/a><\/strong><strong> introduced an update<\/strong><strong>d \u201cKnowledge and Innovation Strategy,\u201d <\/strong>promoting the use of intellectual capital and advanced technologies to enhance knowledge management and diversify the city\u2019s innovation portfolio, reports the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/February\/29-02\/DM-launches-updated-Knowledge-and-Innovation-Strategy\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The strategy came alongside a revised \u201cKnowledge and Innovation Charter,\u201d geared at allocating resources, forging partnerships, and increasing client participation for innovation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/globalcyberalliance.org\/\" style=\"\" rel=\"noopener\">Global Cyber Alliance<\/a><\/strong><strong> and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/academy.difc.ae\/\" style=\"\" rel=\"noopener\">DIFC Academy<\/a><\/strong><strong> are offering a cybersecurity toolkit for small <\/strong><strong>businesses<\/strong>, providing UAE-based professionals and organizations with strategies to mitigate cyber risks associated with email and internet usage. The toolkit is accessible from DIFC Academy\u2019s School of Future Skills, reports the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/February\/29-02\/Global-Cyber-Alliance-teams-up-with-DIFC\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Akrim joins the DIFC: <\/strong>Digital tipping platform <a target=\"_blank\" href=\"https:\/\/akrim.ae\/\" style=\"\" rel=\"noopener\">Akrim<\/a> received an Innovation Testing License from the Dubai International Financial Centre <a target=\"_blank\" href=\"https:\/\/www.difc.ae\/\" style=\"\" rel=\"noopener\">(DIFC)<\/a>, subjecting the company to regulation under the <a target=\"_blank\" href=\"https:\/\/www.dfsa.ae\/\" style=\"\" rel=\"noopener\">Dubai Financial Services Authority<\/a>, said DIFC on <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/difc_difc-akrim-wechosedifc-activity-7168832316633477120-px1z\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">LinkedIn<\/a> yesterday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HEALTHCARE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai Health relocated Al Muhaisnah Medical Fitness Center to the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ehs.gov.ae\/en\/services\/health-care-facilities\/al-muhaisnah-health-center\" style=\"\" rel=\"noopener\">Salem Muhaisnah<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ehs.gov.ae\/en\/services\/health-care-facilities\/al-muhaisnah-health-center\" style=\"\" rel=\"noopener\">Medical Fitness Center<\/a><\/strong>, focusing exclusively on visa medical services, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/uae\/major-medical-fitness-centre-in-dubai-relocates-1.101331643\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. Operating 24 hours from Sunday to Thursday, with specific hours on Fridays, the new facility features additional waiting areas for liaison officers and drivers. Some services, such as embalming and Tawajoud service, will continue at the old facility.<\/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>#1- Emirates to resume flights to Cambodia:<\/strong> Emirates has reinstated its daily Phnom Penh service with a transit stop at Singapore, effective 1 May, <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/February\/29-02\/Emirates-to-restart\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a> said. Emirates SkyCargo will also provide weekly cargo bellyhold capacity exceeding 300 tonnes on Boeing 777-300ER flights to and from Phnom Penh, exporting textiles, pharma, and other commodities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.airarabia.com\/en?gad_source=1&gclid=Cj0KCQiA84CvBhCaARIsAMkAvkJ4VO01czM0z5d4JWBBBkyL6GxsHtomvpGAMqenYaY5PsXuKNPk73EaAjXCEALw_wcB&gclsrc=aw.ds\" style=\"\" rel=\"noopener\">Air Arabia<\/a><\/strong><strong> is set to add eight aircraft to its fleet in 2024<\/strong>, CEO Adel Ali told CNBC Arabia (<a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/120161\/2024\/2\/28\/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A-%D9%84%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D9%84%D9%84%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D8%B3%D9%86%D8%B6%D9%85-8-%D8%B7%D8%A7%D8%A6%D8%B1%D8%A7%D8%AA-%D8%A5%D8%B6%D8%A7%D9%81%D9%8A%D9%87-%D9%84%D8%A3%D8%B3%D8%B7%D9%88%D9%84%D9%86%D8%A7-%D8%AE%D9%84%D8%A7%D9%84-2024?searchVal=%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9+%D9%84%D9%84%D8%B7%D9%8A%D8%B1%D8%A7%D9%86\" style=\"\" rel=\"noopener\">watch: runtime: 6:01<\/a>). The carrier expects to add new routes this year and to expand operations out of its Morocco hub in Rabat after sending three additional aircraft to that location. Air Arabia also does not currently plan to borrow to fund its growth plans as it has sufficient liquidity, but may resort to lending from 2025 onwards, Ali also said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Etihad Airways adds new services to Turkey + India: <\/strong>The UAE\u2019s national airline <a target=\"_blank\" href=\"https:\/\/www.etihad.com\/en-eg\/\" style=\"\" rel=\"noopener\">Etihad Airways<\/a> is expanding its network with three weekly seasonal flights to Antalya starting 15 June and four weekly flights to Jaipur starting 16 June, according to a <a target=\"_blank\" href=\"https:\/\/www.etihad.com\/en\/news\/etihad-airways-expands-schedule-with-two-stunning-new-destinations-and-additional-flights\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The Transport Security Department of Dubai Police and flydubai inked an MoU to<\/strong><strong>improve aviation security<\/strong> and integrate transportation systems, the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/February\/28-02\/Ahmed-bin-Mohammed-attends-MoU-between-RTA-and-flydubai\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRANSPORT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai\u2019s Roads and Transport Authority signed an MoU with AI service provider <\/strong><strong><a target=\"_blank\" href=\"http:\/\/m.terminusgroup.com\/#\/loading\" style=\"\" rel=\"noopener\">Terminus Group<\/a><\/strong><strong> to begin trialing a smart robot surveillance system<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b1wprns-rta-terminus-group-sign-mou-for-trial-operation\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The initial phase, set to begin in the Jumeirah 3 beach area this month, will assess the robots\u2019 impact on monitoring violations related to bicycles and electric scooters. <\/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\">SUSTAINABILITY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gov\u2019t rolls out global water strategy:<\/strong> Recognizing the urgency of tackling global water scarcity, the government launched the Mohamed bin Zayed Water Initiative, geared towards accelerating the adoption and development of water conservation technologies and raising awareness, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/13sgz4h-uae-president-establishes-initiative-address\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The initiative will see the UAE strike international partnerships to increase global water resilience. Foreign Affairs Minister Sheikh Abdullah bin Zayed Al Nahyan is set to chair the initiative. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/difc\/\">DIFC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/gulf-craft\/\">Gulf Craft<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/manufacture\/\">manufacture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tech\/\">tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89610\" 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=\"89610\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/03\/01\/nasdaq-hits-a-fresh-record\/\">\r\n                            Nasdaq hits a fresh record in final day of trading in February                        <\/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\/03\/01\/nasdaq-hits-a-fresh-record\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The index, which is up 7.2% year-to-date, was up 0.9% at the close of trading yesterday, driven by a rally in tech and chip stocks, including the VanEck Semiconductor ETF and Advanced Micro Devices. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/02\/28\/stock-market-today-live-updates.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/finance\/stocks\/global-stocks-markets-dow-news-02-29-2024-f4fb0982\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a>)<\/p>\n<p><a target=\"_blank\" id=\"t.c3835f6c8da64f1a497606c623d3db7c8474aeb2\" rel=\"noopener\"><\/a><a target=\"_blank\" id=\"t.0\" rel=\"noopener\"><\/a> <\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,254<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: -3.4%)<\/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>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\">4,308<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.4% (YTD: +6.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">3,738<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.5% (YTD: -2.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD : AED<\/strong><strong> CBUAE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 3.67<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 3.67<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EIBOR<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5.1% o\/n<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5.3% 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\">12,630<\/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: +5.5%)<\/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\">28,964<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.3% (YTD: +16.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,086<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.3% (YTD: +6.7%)<\/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>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\">7,630<\/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: -1.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,877<\/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: +7.9%)<\/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>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 78.44<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 1.84<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.9%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 2,054.20<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">0.0%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 61,011.44<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.9% (YTD:+38.1%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CLOSING BELL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The ADX fell 0.3% yesterday<\/strong> on turnover of AED 1.28 bn. The index is down 3.4% 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>Response Plus Holding (+14.8%), Foodco (+11.5%) and Sharjah Ins. (+7.5%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>Umm Al Quwain General Investment (-9.8%), Gulf Medical Projects (-9.5%) and Abu Dhabi National Takaful (-8.8%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over on the DFM<\/strong>, the index closed up 0.4% on turnover of AED 553.36 mn. Meanwhile in Nasdaq Dubai, the index fell 0.5%.<\/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\"> CORPORATE ACTIONS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Mazaya + First Dubai merger receives greenlight:<\/strong> DFM-listed Kuwaiti firm <a target=\"_blank\" href=\"https:\/\/www.mazayaholding.com\/\" style=\"\" rel=\"noopener\">Al<\/a><a target=\"_blank\" href=\"https:\/\/www.mazayaholding.com\/\" style=\"\" rel=\"noopener\">Mazaya Holding<\/a> received regulatory approval from Kuwait\u2019s Capital Market Authority to formally merge with its partially-owned real estate subsidiary First Dubai, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/2\/2914.pdf\" style=\"\" rel=\"noopener\">DFM disclosure (pdf)<\/a>. Al Mazaya currently holds an <a target=\"_blank\" href=\"https:\/\/1stdubai.com\/Company-Profile\/About-1st-Dubai\/Shareholders\" style=\"\" rel=\"noopener\">88.82% stake<\/a> in the real estate developer. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The authority approved the merger previously in <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/kuwaits-mazaya-plans-to-acquire-first-dubai-r5uvnkfj\" style=\"\" rel=\"noopener\">2023<\/a>. Mazaya Holding has been seeking to fully acquire First Dubai since <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/arts\/merger-watch-al-mazaya-and-first-dubai-1.544697\" style=\"\" rel=\"noopener\">2009<\/a>. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/uae\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"89612\" 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\/03\/01\/89612-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-89612\" class=\"content-area-description single-story post-89612 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">FEBRUARY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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 style=\"font-weight:400;\">, Expo Centre Sharjah.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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>1 March (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/adfosummit.ae\/\" style=\"\">Abu Dhabi Family Office Summit<\/a><\/span><span style=\"font-weight:400;\">, Saadiyat Rotana.<\/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>5-7 March (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldpolicesummit.com\/\" style=\"\">World Police Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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>5-7 March (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.woodshowglobal.com\/dubai\" style=\"\">Dubai WoodShow<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">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;\">24-25 April (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;\">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>23-25 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.argusmedia.com\/en\/events\/conferences\/fertilizer-asia-conference\" style=\"\">Argus Fertilizer Asia Conference<\/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;\">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>29-30 April (Monday- Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/events.globalreinsurance.com\/dwic\/\" style=\"\">Dubai World Ins. Congress<\/a><\/span><span style=\"font-weight:400;\">, Atlantis, The Palm.  <\/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>14-16 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/\" style=\"\">The Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 May (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.difc.ae\/whats-on\/news\/difcs-preferred-position-for-hedge-fund-ecosystem-develops-through-exclusive-hfm-partnership\" style=\"\">HFM Summit<\/a><\/span><span style=\"font-weight:400;\">, DIFC. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-26 May (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.livenation.me\/auh-comedy-week\" style=\"\">Abu Dhabi Comedy Week<\/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:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2-4 June (Sunday-Tuesday): The World Air Transport Summit and International Air Transport Association (IATA)\u2019s annual general meeting, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4-6 June (Tuesday-Thursday): The Hotel Show, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4-6 June (Tuesday-Thursday): INDEX, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4-6 June (Tuesday-Thursday): WORKSPACE, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4-6 June (Tuesday-Thursday): Leisure Show, Dubai World Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">15 June (Saturday): Arafat day, national holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">16-18 June (Sunday-Tuesday): Eid Al-Adha, national holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">7 July (Sunday): Islamic new year, national holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">9-11 September (Monday-Wednesday): World Utilities Congress, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28-30 September (Saturday-Monday): World Association of Nuclear Operators (WANO) Biennial General Meeting, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">30-1 November (Wednesday-Friday): World Cities Cultural Summit, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">11-14 November (Monday-Thursday): ADIPEC, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">11-14 November (Monday-Thursday): ADIPEC Maritime and Logistics Exhibition and Conference, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">11-14 November (Monday-Thursday): ADIPEC Decarbonisation Accelerator, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2-3 December (Monday-Tuesday): National Day, public holiday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">10-12 December (Tuesday-Thursday): Middle East Business Aviation, Dubai World Central.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Adnoc closes OMV acquisition | Acwa gets Hassyan desal financing | More Emaar developments | Higher fuel prices this month<\/p>\n","protected":false},"featured_media":89593,"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-89592","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"b83793be-abef-4a0a-89b3-24c8783276fe","teaser":"Adnoc closes OMV acquisition | Acwa gets Hassyan desal financing | More Emaar developments | Higher fuel prices this 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