{"id":102206,"date":"2025-04-02T00:00:00","date_gmt":"2025-04-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/this-morning-hello-2q-trump-to-visit-the-uae-in-may\/"},"modified":"2025-04-02T00:00:00","modified_gmt":"2025-04-02T00:00:00","slug":"this-morning-hello-2q-trump-to-visit-the-uae-in-may","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/this-morning-hello-2q-trump-to-visit-the-uae-in-may\/","title":{"rendered":"THIS MORNING: Hello, 2Q + Trump to visit the UAE in May"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends, and welcome back. <\/strong>If you\u2019re not one of the many people bridging these final few days of the week along with the weekend to extend your Eid break, then we wish you a productive few days to kick off the new month and quarter. For the rest of you: Enjoy the good weather and the relative calm in the country before people fly back home and conference season kicks back into gear next week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The M&amp;A theme dominant throughout the final week of Ramadan has continued over the past week<\/strong>, with updates on two big domestic M&amp;A transactions, as well as a push from Damac into the global data center scene with an acquisition of a Nordic data center developer, and new food and beverage sector acquisitions courtesy of Agthia and IHC. <\/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=\"wwtt3\"><\/a> <strong>It\u2019s the start of a new month and quarter<\/strong>, which has brought a new set of laws and regulations that have taken effect as of 1 April: <\/p>\n<ul>\n<li><strong>New <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/186a5b62-343a-46c3-bd43-65d15490a617\/uae-lowers-minimum-driving-age-to-17-%2B-updates-traffic-regulations\" style=\"\" rel=\"noopener\">traffic regulations<\/a><\/strong><strong> took effect<\/strong>, allowing the minimum driving age to be 17 and implementing new penalties for traffic offenses.<\/li>\n<\/ul>\n<ul>\n<li><strong>New <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5a582d89-fd11-4629-a5f7-7466408a3e82\/new%253cmark%253e-personal-status-law%253c%2Fmark%253e-taking-effect-in-april-sets-new-custody,-marriage,-and-divorce-regulations\" style=\"\" rel=\"noopener\">personal status law<\/a><\/strong><strong> came into effect<\/strong>, setting new regulations for marriage, divorce, and child custody; <\/li>\n<li><strong>Cabinet is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/79966bff-740f-4719-9daf-a15b66de869a\/more-m&amp;as-to-be-subject-to%253cmark%253e-merger%253c%2Fmark%253e-control-as-of-1-april\" style=\"\" rel=\"noopener\">rolling out<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/79966bff-740f-4719-9daf-a15b66de869a\/more-m&amp;as-to-be-subject-to%253cmark%253e-merger%253c%2Fmark%253e-control-as-of-1-april\" style=\"\" rel=\"noopener\">new tightened merger control rules<\/a><\/strong>, bringing more transactions under the Economy Ministry\u2019s review scope. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>Fuel prices are down again in April:<\/strong> The Fuel Price Committee slashed April fuel prices between 5 and 6% from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6ac07320-25c9-4552-a0ff-7525b8817d7d\/this-morning:-new-parkin-peak-hour-fees-%2B-brics-leading-dubai-property-investment\" style=\"\" rel=\"noopener\">March\u2019s rates<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/EmaratOfficial\/status\/1906606054563357063\" 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\">The breakdown per liter:<\/p>\n<ul>\n<li>Super 98 is now AED 2.57, down from AED 2.73;<\/li>\n<li>Special 95 is AED 2.46, down from AED 2.61;<\/li>\n<li>E-Plus 91 costs AED 2.38, down from AED 2.54;<\/li>\n<li>Diesel is now AED 2.63, down from AED 2.77 last month.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0fWEATHER- It\u2019s going to be another warm and sunny day<\/strong>, with the mercury peaking at 31\u00b0C, before cooling to 23\u00b0C overnight, according to our favorite weather app. Over in Abu Dhabi, the mercury peaks at 29\u00b0C, with an overnight low of 22\u00b0C. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a><strong> #1- US President Donald Trump is set to visit the UAE, alongside stops in Qatar and<\/strong><strong> Saudi Arabia, as early as May<\/strong>, in what would be his first foreign trip since taking office, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/trump-planning-visit-saudi-arabia-mid-may-axios-reports-2025-03-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing statements to reporters. Trump will sign investment agreements with the three countries, he reportedly said, citing a USD 1 tn Saudi investment in the US economy, including purchases of military equipment. The visit would echo what he did during his first term, with Saudi Arabia and Israel also being the subjects of his first foreign trip. <\/p>\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>Conference season is back into full gear next week after the Ramadan and Eid lull: <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The Mohammed Bin Rashid Space Center is set to host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/gsw2025.ae\/\" style=\"\" rel=\"noopener\">Geo-Spatial Week<\/a><\/strong><strong> from<\/strong> <strong>6-11 April in Dubai<\/strong> with the International Society for Photogrammetry and Remote Sensing. The week-long event will welcome experts in photogrammetry, remote sensing, and spatial sciences.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- EFG Hermes\u2019 <\/strong><strong><a target=\"_blank\" href=\"https:\/\/efghldg.com\/en\/our-services\/conferences#:~:text=the%20MENA%20markets.-,Read%20More,and%20family%20offices%20managing%20hundreds%20of%20millions%20of%20dollars%20in%20assets.,-EFG%20Hermes%20Egypt\" style=\"\" rel=\"noopener\">One on One conference<\/a><\/strong><strong> will take place from Monday, 7 April <\/strong><strong>until<\/strong><strong> Thursday, 10 April<\/strong> <strong>in Dubai. <\/strong>The conference is the largest gathering of its kind devoted to emerging and frontier equities and connects international institutional investors with senior execs in industries ranging from food and fintech, to banking and petrochemicals.<\/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:\/\/aimcongress.com\/event-highlights\" style=\"\" rel=\"noopener\">AIM Congress 2025<\/a><\/strong><strong> is set to take place from Monday, 7 April until<\/strong><strong> Wednesday <\/strong><strong>9 April <\/strong>at the Abu Dhabi National Exhibition Center. The event will bring together senior executives, government officials, and global investors to foster investment collaboration to drive global economic development. Attendees can expect forums, panel discussions, workshops, and a startup competition, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/article\/bits76u-abu-dhabi-gears-host-25000-global-participants-aim\" style=\"\" rel=\"noopener\">Wam<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.middleeast-energy.com\/en\/home.html\" style=\"\" rel=\"noopener\">Middle East Energy<\/a><\/strong><strong> will take place from Monday, 7 April to Wednesday, 9 April <\/strong>at the Dubai World Trade Center. The exhibition and conference brings together industry leaders, and energy professionals to discuss the energy transition, sustainability practices, innovations in power generation, renewable energy, and energy efficiency. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.who.int\/initiatives\/world-local-production-forum\" style=\"\" rel=\"noopener\">The World Local Production Forum<\/a><\/strong><strong> is running from Monday, 7 April to <\/strong><strong>Wednesday, 9 April <\/strong>at the Abu Dhabi National Exhibition Center. The World Health Organization-backed event will bring together global leaders to discuss localized, sustainable, and diversified medicine production, and strategies to enhance access to quality assured health products.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/commodityinsights.spglobal.com\/fujcon.html\" style=\"\" rel=\"noopener\">The Fujairah Bunkering and Fuel Oil Forum<\/a><\/strong><strong> (FUJCON 2025) will take place from <\/strong><strong>Monday, 7 April until Wednesday, 9 April <\/strong>at DoubleTree by Hilton Fujairah. Organized by S&amp;P Global Commodity Insights, in collaboration with the Fujairah government, the Port of Fujairah, and the Fujairah Oil Industry Zone, the event will bring together energy leaders to discuss geopolitical and decarbonization impacts on shipping and bunkering, fuel quality, market trends, and technological advancements. <\/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:\/\/aws.amazon.com\/startups\/lp\/aws-gen-ai-loft-dubai\" style=\"\" rel=\"noopener\">AWS GenAI Loft Dubai<\/a><\/strong><strong> 2025 will take place from Monday, 7 April to Friday, 11<\/strong><strong> April<\/strong> at Dubai International Financial Centre\u2019s (DIFC) Innovation One building. The five-day event will see industry startups, business leaders, investors, developers, and AI enthusiasts attend workshops and lectures on generative AI technologies and their practical applications across industries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#8- The World Crisis and Emergency Management Summit will take place in Ab<\/strong><strong>u <\/strong><strong>Dhabi on Tuesday, 8 April and Wednesday, 9 April<\/strong>, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/biqt1w2-world-crisis-and-emergency-management-summit-set\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Under the theme Together Towards Building Global Resilience, the event will bring together global leaders to discuss improving international cooperation in crisis management, emergency planning, and risk prediction. The event will also feature two exhibitions \u2014 Crisis Management Technologies and Generation Readiness \u2014 to showcase new sector-specific technological tools.<\/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>It\u2019s all about tariffs in the foreign press this morning<\/strong>, as the world awaits a raft of new trade barriers set to be unveiled by US President Donald Trump later today. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump has touted 2 April as \u201cliberation day\u201d for the US<\/strong>, as he looks to slap tariffs on imports from a host of countries. The White House is reportedly still deliberating the fine print, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-01\/trump-weighing-tariff-options-as-rose-garden-event-nears?srnd=homepage-middle-east&amp;embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, with sources saying talks are coming down to the wire. Trump has floated reciprocal tariffs \u2014 which will match tariffs to existing ones made by countries on US goods \u2014 while others claim Trump is also mulling a flat 20% global tariff, or a tiered system that implements tariffs on countries depending on how they treat US goods. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The White House has said tariffs will kick in \u201cimmediately,\u201d<\/strong> while a 25% levy on auto imports is already set to kick in tomorrow. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story is everywhere in the global press: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/trump-aides-draft-proposal-least-20-tariffs-most-imports-us-washington-post-2025-04-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-01\/trump-weighing-tariff-options-as-rose-garden-event-nears?srnd=homepage-middle-east&amp;embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/business\/2025\/04\/01\/trump-tariffs-draft-recession-projection\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/01\/trumps-liberation-day-tariffs-what-to-expect-and-will-the-uk-be-spared\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/cefe1e35-a82b-4622-8da2-1ee46520babd\" style=\"\" rel=\"noopener\">Financial Times<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Another ceasefire is now under threat<\/strong>, after Israel struck a suburb in Beirut yesterday, killing four people, including a Hezbollah official, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/airplanes-fly-low-over-lebanons-beirut-huge-blasts-heard-reuters-witnesses-say-2025-04-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The strike was the second in five days. <\/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=\"\/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. 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