{"id":101237,"date":"2025-03-03T00:00:00","date_gmt":"2025-03-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/this-morning-new-parkin-peak-hour-fees-brics-leading-dubai-property-investment\/"},"modified":"2025-03-03T00:00:00","modified_gmt":"2025-03-03T00:00:00","slug":"this-morning-new-parkin-peak-hour-fees-brics-leading-dubai-property-investment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/03\/03\/this-morning-new-parkin-peak-hour-fees-brics-leading-dubai-property-investment\/","title":{"rendered":"THIS MORNING: New Parkin peak-hour fees + Brics leading Dubai property investment"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, wonderful people. <\/strong>We have a brisk issue for you this morning as we kickstart the first workweek of Ramadan. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY <\/strong>of the day is the slew of agreements signed by the UAE and Pakistan during Abu Dhabi Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan\u2019s visit to Islamabad last week \u2014 including on logistics, mineral exploration, and financial services. We also have updates on Tabreed\u2019s latest debt issuance, as well as investment plans from Gems Education. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- We have a special episode of our podcast Making It, <\/strong>featuring our friend Mashreq Group CEO Ahmed Abdelaal. We dive into his outlook on the year, where he sees Mashreq in 10 years\u2019 time, and the corridors where he sees opportunity. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>When do we eat? <\/strong>Maghrib is at 6:26pm today in Dubai and 6:30pm in Abu Dhabi. You\u2019ll have until fajr prayers at 5:22am in Dubai and 5:26am in Abu Dhabi tomorrow to finish your sohour.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- We\u2019re in for a warm and sunny day today<\/strong>, according to our favorite weather app and the National Center of Meteorology\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/97.pdf\" style=\"\" rel=\"noopener\">forecast (pdf)<\/a>. The mercury will reach 25\u00b0C in <strong>Dubai<\/strong> before dropping to an overnight low of 17\u00b0C. In <strong>Abu Dhabi<\/strong>, temperatures will peak at 20\u00b0C and reach a low of 16\u00b0C.<\/p>\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>You\u2019ll<\/strong> <strong>be paying less at the pump this month: <\/strong>The Fuel Price Committee is cutting March fuel prices down from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/27dd9302-b391-4487-b578-1f4e4fd2c48f\/this-morning:%253cmark%253e-fuel%253c%2Fmark%253e-prices-up-in-february-%2B-inflation-allowance-program-renewed-for-another-year\" style=\"\" rel=\"noopener\">February\u2019s rates<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/EmaratOfficial\/status\/1895438805068665177\" style=\"\" rel=\"noopener\">statement on X<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown per liter:<\/strong><\/p>\n<ul>\n<li>Super 98 is now AED 2.73, down from AED 2.74;<\/li>\n<li>Special 95 is AED 2.61, down from AED 2.63;<\/li>\n<li>E-Plus 91 costs AED 2.54, down from AED 2.55;<\/li>\n<li>Diesel is now AED 2.77, down from AED 2.82 last month. <\/li>\n<\/ul>\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>T<\/strong><strong>he <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.visitdubai.com\/en\/whats-on\/dubai-events-calendar\/nas-sports-tournament\" style=\"\" rel=\"noopener\">Nad Al Sheba<\/a><\/strong><strong> Pad<\/strong><strong>el Championship is kicking off today<\/strong>, with the semi-finals scheduled for Thursday 6 March and the final taking place on Friday 7 March at the Nad Al Sheba Sports Complex, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bigonym-nas-padel-championship-kick-off-monday-dubai\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The UAE team will face competition from Bahrain, Kuwait, Iran, Australia, the Netherlands, and Saudi Arabia. Also running this week are the fencing, jiu-jitsu, running, badminton, wheelchair basketball, and laser run shooting championships.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#1- <\/strong><strong>Parkin<\/strong> <strong>is set to roll out new peak-hour parking fees in early April<\/strong>, with final details currently being discussed with Dubai\u2019s Roads and Transport Authority, <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2025-02-28\/%D8%AF%D8%A8%D9%8A-%D8%AA%D9%83%D8%B4%D9%81-%D8%A2%D9%84%D9%8A%D8%A7%D8%AA-%D8%A7%D8%AD%D8%AA%D8%B3%D8%A7%D8%A8-%D9%85%D9%88%D8%A7%D9%82%D9%81-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A8%D9%86%D8%B8%D8%A7%D9%85-%D8%A7%D9%84%D8%AA%D8%B9%D8%B1%D9%81%D8%A9-%D8%A7%D9%84%D9%85%D8%B1%D9%86%D8%A9-5803306\/%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\" style=\"\" rel=\"noopener\">Al Khaleej<\/a> reports. The new pricing structure will raise rates during peak hours across public parking zones. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The new rates: <\/strong><\/p>\n<ul>\n<li>Regular Parking (65% of 184k spaces):<\/li>\n<\/ul>\n<ul>\n<li>Peak hours (8-10am & 4-8pm, except Sundays and public holidays): AED 4 per hour in Zones A to D.<\/li>\n<li>Daily rates: AED 30 in Zone B, AED 20 in Zone D.<\/li>\n<li>Off-peak pricing (10 AM-4 PM & 8-10 PM): No change.<\/li>\n<\/ul>\n<ul>\n<li>Premium Parking (35% of spaces)<\/li>\n<\/ul>\n<ul>\n<li>Peak hours: AED 6 per hour.<\/li>\n<li>Daily rates: AED 40 in Zone B, AED 30 in Zone D.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Parkin has already begun rolling out variable pricing: <\/strong>In <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/dd98b566-512f-4f2b-8a7d-76d295504d9b\/this-morning:-nmdc-to-ipo-logistics-unit%3F-%2B-adx,-cbuae-agree-to-settle-trades-in-aed\" style=\"\" rel=\"noopener\">mid-February<\/a>, Parkin introduced event-based parking fees, applying an AED 25 per hour rate near major venues during events, including at Dubai World Trade Center, which was designated a Grand Event Zone.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#2- <\/strong><strong>Brics investors<\/strong><strong> to further fuel Dubai\u2019s property boom:<\/strong> Investors from the Brics nations are set to dominate Dubai\u2019s luxury property market, according to a report from <a target=\"_blank\" href=\"https:\/\/www.elitemerit.ae\/en\" style=\"\" rel=\"noopener\">Elite Merit Real Estate<\/a> picked up by <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/news\/CONS_431352.html\" style=\"\" rel=\"noopener\">Trade Arabia<\/a>. Favorable tax policies, geopolitical stability and strong infrastructure are drawing them in, Elite said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chinese and Russian investors are driving the growth<\/strong>, with their share of the market expected to grow by over 30% this year. A 15% increase in purchases last year put China as the emirate\u2019s third-largest source of foreign investment, Elite said, trailing only the UK and India. Chinese investors are eyeing diversification of their property assets, whilst those from Russia are looking to properties with higher yields and rental potential. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>This comes after a record high of AED 761 bn in real estate transactions <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1db65421-378b-42de-b37d-2b095405d84e\/%253cmark%253e%253c%2Fmark%253edubai%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253e%253cmark%253e-real%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253e%253cmark%253e-estate%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253etransactions%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ehit%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253erecord%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eaed%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253e761%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ebn%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ein%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253e2024%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">in 2024<\/a>, triggering a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f9a97e80-a536-4e08-8b2f-2397ba07ae44\/dubai-property-prices-surge-27.5%2525-as-supply-falls-short\" style=\"\" rel=\"noopener\">surge in prices<\/a> as supply failed to keep pace with demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The increase in demand is expected to see the UAE real estate market nearly dou<\/strong><strong>ble by 2028<\/strong>, growing from USD 409 bn to an estimated USD 800 bn, according to Oliver Morgan, partner at Deloitte Middle East told <a target=\"_blank\" href=\"https:\/\/www.snabusiness.com\/video\/1780385-%D8%AF%D9%8A%D9%84%D9%88%D9%8A%D8%AA-%D8%B9%D9%88%D8%A7%D9%8A%D9%94%D8%AF-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D9%95%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9-%D8%AA%D8%B5%D9%84-20\" style=\"\" rel=\"noopener\">Sky News<\/a>. Morgan also noted that real estate investment returns in the UAE can reach up to 20%.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The UAE issued 200k economic licenses in 2024<\/strong>, bringing the total number of active companies and institutions operating in the country to over 1.1 mn, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/big389v-uae-consolidating-its-position-strategic\" style=\"\" rel=\"noopener\">Wam<\/a> reports, citing Investment Ministry data.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The DFM saw some 13.7k investors open new accounts in Ja<\/strong><strong>nuary and February<\/strong>, up 37% y-o-y, <a target=\"_blank\" href=\"https:\/\/www.mubasher.info\/news\/4408518\/%D8%B3%D9%88%D9%82-%D8%AF%D8%A8%D9%8A-%D9%8A%D8%B6%D9%8A%D9%81-13735-%D8%AD%D8%B3%D8%A7%D8%A8%D8%A7-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A7-%D9%84%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D8%AE%D9%84%D8%A7%D9%84-%D8%B4%D9%87%D8%B1%D9%8A%D9%86\/\" style=\"\" rel=\"noopener\">Mubasher<\/a> reports citing market data. The increase signals growing investor appetite for high-performing DFM-listed stocks, as the exchange works to lure more players to market. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s onboarding? <\/strong>At the brokerage level, <a target=\"_blank\" href=\"https:\/\/www.bhmuae.ae\/\" style=\"\" rel=\"noopener\">BHM Capital Financial Services<\/a> led the pack, adding nearly 5.6k new accounts to the DFM in the last two months, followed by <a target=\"_blank\" href=\"https:\/\/www.emiratesnbdsecurities.com\/en\" style=\"\" rel=\"noopener\">Emirates NBD Securities<\/a> (2.5k) and <a target=\"_blank\" href=\"https:\/\/www.alramz.ae\/\" style=\"\" rel=\"noopener\">Al Ramz Capital<\/a> (1.9k). Other firms including <a target=\"_blank\" href=\"https:\/\/www.adibsecurities.ae\/en\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Abu Dhabi Islamic Securities<\/a> (1.4k accounts), <a target=\"_blank\" href=\"https:\/\/www.mashreqsecurities.com\/en\/home\/\" style=\"\" rel=\"noopener\">Al Mashreq Securities<\/a> (614), <a target=\"_blank\" href=\"https:\/\/www.intlsecurities.ae\/\" style=\"\" rel=\"noopener\">International Securities<\/a> (560), and <a target=\"_blank\" href=\"https:\/\/www.bankfab.com\/en-ae\/subsidiaries\/fab-securities\" style=\"\" rel=\"noopener\">First Abu Dhabi Securities<\/a> (231) also saw notable increases.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Dubai\u2019s <\/strong><strong>energy demand increased 5.4% y-o-y to 59.6k GWh in 2024<\/strong>, driven by the emirate\u2019s expansion and population growth, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bigonvp-dubais-energy-demand-rises-54-2024\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Meanwhile, the Dubai Electricity and Water Authority\u2019s installed generation capacity reached 17.2 GW last year, with clean power accounting for 20% of the total installed power generation capacity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>GDP from the Middle East, North Africa, and Turkey could reach USD 4 tn by the end <\/strong><strong>of 2025<\/strong>, after growing 3.5% this year, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/172.pdf\" style=\"\" rel=\"noopener\">HSBC Global Research (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Structural reforms have \u201cfundamentally altered the region's investment landscape,\u201d <\/strong>HSBC MENAT CEO Selim Kervanci said at the HSBC MENAT Future Forum last week. \u201cTraditional financial centers are adapting to a world where the Middle East and Asia are driving rather than following global investment trends,\u201d he said, citing the USD 3 tn in capital spending across the GCC as a prime example of the \u201crecalibration\u201d of global investment landscape. <\/p>\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel has deliberately blocked all humanitarian aid from entering the Gaza strip<\/strong> after the six-week ceasefire came to an end yesterday. The decision is broadly perceived as a means of exerting pressure on Hamas to agree with Trump\u2019s Mideast envoy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/76c2d80f-3d7a-476a-9f2f-f3c1aa255b7c\/ramadan-kareem\" style=\"\" rel=\"noopener\">Steve Witkoff\u2019s proposal<\/a> to extend the first phase of the ceasefire agreement instead of moving on to phase two \u2014 which would see Hamas freeing the remaining hostages in exchange for Israel\u2019s complete withdrawal from Gaza, paving the way for a lasting ceasefire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cThere will be no free lunches,\u201d<\/strong> Israeli Prime Minister Benjamin Netanyahu said at a cabinet meeting yesterday. Seemingly bolstered by the new US administration, he insisted that a ceasefire won\u2019t proceed without a hostage release. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-02\/israel-signals-hardened-stance-toward-hamas-emboldened-by-trump\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/israel-palestinians-hamas-war-news-ceasefire-hostages-03-02-2025-99402570996dcf33239d0492d99909e4\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/mar\/02\/halting-aid-to-gaza-is-aimed-at-giving-israel-upper-hand-in-talks-with-hamas\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/israel-says-it-is-halting-entry-of-goods-into-gaza-as-cease-fire-talks-falter-1821deeb\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/world\/2025\/03\/02\/gaza-israel-hamas-palestinians-aid-explainer\/51a53d42-f79b-11ef-bbd0-5841f0ec1418_story.html\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/middle-east\/20250302-israel-agrees-to-temporary-extension-of-gaza-ceasefire\" style=\"\" rel=\"noopener\">France 24<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- <\/strong>After Zelenskiy\u2019s diplomatic meltdown at the White House two days ago, European leaders have agreed to present the US with a Ukraine peace plan, hoping it will push Washington to offer security guarantees. At a London summit yesterday, British Prime Minister Keir Starmer announced a \u201ccoalition of the willing\u201d to draft the proposal. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/uks-starmer-tries-revive-hope-ukraine-peace-summit-2025-03-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/russia-ukraine-war-zelenskyy-london-summit-7ce3c65b90b9618d9877372514e90c77\" style=\"\" rel=\"noopener\">AP<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- The 2025 Oscars just wrapped up <\/strong>\u2014 here are some of the most notable highlights:<\/p>\n<ul>\n<li>Kieran Culkin won best supporting actor for A Real Pain. <\/li>\n<li>Best animated feature went to Flow, marking Latvia\u2019s first-even Oscar win. <\/li>\n<li>Sean Baker took home best original screenplay for Anora. <\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.alhudacibe.com\/giftf2025\/index.php\" style=\"\" rel=\"noopener\">Global Islamic FinTech Forum<\/a><\/strong><strong> will take place on 15 April <\/strong>at the Dusit Thani Hotel in Dubai, bringing together experts, investors, and regulators to discuss developments in shariah-compliant financial technology. Topics will include digital payments, peer-to-peer lending, takaful, and blockchain-based financial services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong> inaugural <\/strong><strong><a target=\"_blank\" href=\"https:\/\/paad.ae\/\" style=\"\" rel=\"noopener\">Public Art Abu Dhabi Biennial<\/a><\/strong> <strong> runs through 30 April<\/strong>, showcasing over 70 artists from the UAE and around the world with site-specific installations across Abu Dhabi and Al Ain, according to an Abu Dhabi Media Office <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/arts-culture\/department-of-culture-and-tourism-abu-dhabi-launches-2nd-phase-of-public-art-abu-dhabi-biennial\/\" style=\"\" rel=\"noopener\">statement<\/a>. The second phase, launched yesterday, adds new works by Anga Art Collective, Ayesha Hadhir, L\u00facia Koch, and more, along with a public program of talks, workshops, film screenings, and performances. Visitors can explore the exhibition\u2019s eight routes by foot or car.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus:13.7k new investors opened accounts with the DFM so far this year<\/p>\n","protected":false},"author":1,"featured_media":101238,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","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,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1543],"tags":[1388,663,1391,1924,87,19,143,7,1342,183,1470,98,1420,136,6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-101237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-bonds","tag-brics","tag-debt","tag-debt-market","tag-dubai","tag-economy","tag-energy","tag-enterpriseam-uae","tag-investment","tag-parkin","tag-property","tag-real-estate","tag-sport","tag-sports","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"6ac07320-25c9-4552-a0ff-7525b8817d7d","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/3\/153.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: New Parkin peak-hour fees + Brics leading Dubai property investment","related_issue":[101235],"teaser":"Plus:13.7k new investors opened accounts with the DFM so far this year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.8df89ab3-07de-4166-a98d-1e2307bee317.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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