{"id":105405,"date":"2025-07-10T00:00:00","date_gmt":"2025-07-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/this-morning-ega-to-take-action-against-guinea-sequoia-under-fire-after-partners-anti-muslim-remarks\/"},"modified":"2025-07-10T00:00:00","modified_gmt":"2025-07-10T00:00:00","slug":"this-morning-ega-to-take-action-against-guinea-sequoia-under-fire-after-partners-anti-muslim-remarks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/07\/10\/this-morning-ega-to-take-action-against-guinea-sequoia-under-fire-after-partners-anti-muslim-remarks\/","title":{"rendered":"THIS MORNING: EGA to take action against Guinea? + Sequoia under fire after partner\u2019s anti-Muslim remarks"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends, and happy almost-FRIDAY. <\/strong>It\u2019s another busy day as the UAE continues to buck the trend of a summer slowdown, with tons of M&A and investment news. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY of the day is<\/strong> the EU greenlighting the UAE\u2019s removal from its money laundering watchlist \u2014 a big boon for capital flows and business in the country. We also have another acquisition (and another potential divestment) from the Abu Dhabi Investment Authority, an Egyptian prototech expanding to the UAE through an acquisition of SmartCrowd, and DIFC\u2019s first tokenized money market fund.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u26c5WEATHER- <\/strong>It\u2019s a mostly cloudy day today, with the mercury peaking at 40\u00b0C in <strong>Dubai<\/strong> before cooling to an overnight low of 31\u00b0C. Over in <strong>Abu Dhabi<\/strong>, temperatures will reach a high of 35\u00b0C before cooling to 29\u00b0C overnight. <\/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=\"wwtt1\"><\/a> <strong>Sequoia <\/strong><strong>under fire after partner\u2019s anti-Muslim remarks:<\/strong> Prominent investors and startup founders from the Middle East have joined a public petition against Shaun Maguire, a partner at <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">US-based venture capital firm Sequoia Capital, who is facing intense criticism after he posted on X that NYC politician Zohran Mamdani is promoting an \u201cIslamist agenda\u201d and comes from a \u201cculture that lies about everything.\u201d An <a target=\"_blank\" href=\"https:\/\/shaunmaguire.fyi\/?utm_source=semafor\" style=\"\" rel=\"noopener\">open letter<\/a> demanding his removal from client-facing roles and a zero-tolerance anti-discrimination policy has gathered almost 600 signatories from founders, investors, and operators across the tech world, including Tabby\u2019s Hosam Arab, Lean Tech\u2019s Hisham Al Falih, and Careem CEO Mudassir Sheikha. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wamda Capital\u2019s CEO Fadi Ghandour also publicly criticized the tweet as \u201cracist\u201d and calling him out on his \u201ctotal ignorance,\u201d<\/strong> adding in comments to <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/2025\/07\/08\/wamda-chairman-hits-back-after-sequoia-partners-islamophobic-post\/\" style=\"\" rel=\"noopener\">the National<\/a> that anyone who is racist is \u201cnot welcome in the region.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The post had drawn over 5.3 mn views as of Monday afternoon<\/strong> \u2014 and mounting outrage. Maguire later posted a 30-minute video attempting to clarify the comment, saying his critique was aimed at \u201cpolitical Islamism, not Islam.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where\u2019s Sequoia in all this? <\/strong>So far, silent. The letter gives the firm until 14 July to issue a public response, or face broader public and media escalation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story has gotten attention from the foreign press:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/07\/07\/founders-sign-letter-to-sequoia-on-shaun-maguires-mamdani-remarks.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/the-sequoia-investor-whose-anti-mamdani-posts-set-off-a-silicon-valley-storm-56965cdf\" style=\"\" rel=\"noopener\">WSJ<\/a> <\/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- <\/strong><strong>EGA <\/strong><strong>to take action against Guinea over mining contract suspension<\/strong><strong>?<\/strong> Emirates Global Aluminium (EGA) will look to \u201cdefend its rights\u201d ahead of international tribunals after concluding that Guinea's government wrongfully terminated a concession agreement for its subsidiary <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2d36ebe4-aca5-499f-9ee0-9e14b8e0f2f0\/emirates-global-aluminium-inks-agreements-for-alumina-refinery-in%253cmark%253e-guinea%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">Guinea Alumina Corporation<\/a> (GAC), <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-07-09\/uae-aluminum-maker-ega-says-guinea-ends-unit-s-operating-accord\" style=\"\" rel=\"noopener\">Bloomberg<\/a> and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/emirates-global-aluminium-says-guinea-wrongfully-terminated-deal-2025-07-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> report citing a <a target=\"_blank\" href=\"https:\/\/media.ega.ae\/ega-confirms-that-the-republic-of-guinea-has-wrongfully-declared-the-termination-of-the-basic-agreement-with-ega-subsidiary-gac\/\" style=\"\" rel=\"noopener\">statement<\/a> from the firm. The termination will lead to approximately 2k job losses and halts plans for a local alumina refinery, the statement read.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The background: <\/strong>The termination follows a dispute over export suspensions and refinery development requirements that began in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/de9093fd-f39f-4a66-8ba9-e582e714efd5\/mubadala-backed-ega-warns-of-aluminum-price-volatility-amid-tariffs-%2B-sanad-posts-strong-2024-revenues\" style=\"\" rel=\"noopener\">October 2024<\/a> when the Guinean government suspended bauxite exports from EGA\u2019s existing facilities as part of a wider push to gain more control over the country\u2019s natural and mineral resources. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/36572208-fb61-4a1c-88b2-1484835f43d5\/this-morning:-us-looks-to-fast-track-foreign-investments,-including-from-the-gulf-%2B-new-planned-hospitals-in-dubai\" style=\"\" rel=\"noopener\">Earlier this year<\/a>, the government was also looking to revoke Emirates Global Aluminum\u2019s mining license due to what it says is a failure to deliver on its commitment to develop an alumina refinery in the country. At the time, EGA had said it was working with the government to find a resolution.<\/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- Capital Economics is the latest to forecast strong gr<\/strong><strong>owth for the UAE\u2019s non-oil sector <\/strong><strong>this year<\/strong>, penciling in an expansion of 5.5%, up from 5% last year, on the back of strong retail and tourism growth, senior economist James Swanston said in a recent research note seen by EnterpriseAM. It also sees GDP growing 5.8% in 2025 and to 6.5% in 2026, putting it on track to maintain its spot as the top growing Gulf country for another year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Credit growth is also a factor: <\/strong>Private credit growth saw a significant increase, hitting 8.0% y-o-y in March \u2014 its quickest pace since October. This rise has been partly driven by mortgage lending. \u201cAdmittedly, this only accounts for ~20% of all home sales, but the share has increased and could expand with a new initiative to help first-time buyers gain access to mortgages via banks,\u201d the note read.<\/p>\n<p><strong>UAE oil output set for a significant increase:<\/strong> Despite production only rising by 0.1 mn barrels a day as OPEC+ began easing cuts in April, July\u2019s meeting has paved the way for \u201ca more aggressive second half of the year,\u201d penciling in a 16% increase in oil output to 3.4 mn bbl \/ d by year-end and a further 7% in 2026.\u201d This represents a greater relative increase than other Gulf states, Swanston noted.<\/p>\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Shutting<\/strong> <strong>down the rumor mill:<\/strong> The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has refuted recent reports about granting lifetime golden visas to Indian and Bangladeshi nationals on revised conditions, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bkkw61s-uae-denies-rumours-about-lifetime-golden-visa-for\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The authority added that action will be taken against entities making the offer and that golden visa applications are still handled exclusively by official government channels. The ICP also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/29f0c837-99c9-4a5c-a51e-caee02773f9d\/THIS%20MORNING:%20Brookfield%20eyes%20Palm%20hotel%20%2B%20No%20golden%20visas%20for%20crypto%20investors\" style=\"\" rel=\"noopener\">recently shut down reports<\/a> of golden visas being offered to crypto investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ICYMI- <\/strong>Earlier this month, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/29f0c837-99c9-4a5c-a51e-caee02773f9d\" style=\"\" rel=\"noopener\">multiple media outlets<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/29f0c837-99c9-4a5c-a51e-caee02773f9d\" style=\"\" rel=\"noopener\">reported<\/a> that the UAE has relaxed eligibility criteria for Indian and Bangladeshi nationals, alleging that they can get lifetime residency for a fee of AED 100k on nomination-basis instead of existing rules that require a minimum investment of AED 2 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Senior<\/strong> <strong>citizens <\/strong><strong>will get extended<\/strong> <strong>ins<\/strong><strong>.<\/strong><strong> coverage on housing loans:<\/strong> The UAE\u2019s Energy and Infrastructure Ministry will extend loan coverage on housing loans for senior citizens up to 95 years of age, extending the age limit from just 70 years old, according to a <a target=\"_blank\" href=\"https:\/\/www.moei.gov.ae\/en\/media-center\/news\/9\/7\/2025\/ministry-of-energy-and-infrastructure-launches-initiative-to-support-housing-for-senior-citizens\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The new program: <\/strong>The initiative aims to offer life ins. that fully covers housing loans, and includes cases of death or permanent disability. It will be implemented in partnership with key ins. industry and government stakeholders including the Central Bank of the UAE, and Takaful service providers like Sukoon Takaful, and Abu Dhabi National Ins. Company. <\/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>Another day, another tariff headline is dominating front pages. <\/strong>The US has now said it will hit Brazil with a 50% tariff \u2014 a large hike compared to the 10% reciprocal tariff announced earlier in April \u2014 as US President Donald Trump protested what he calls a \u201cwitch hunt\u201d against former Brazilian President Jair Bolsonaro in his letter to the country. He criticized the current trial and charges against Bolsonaro and demanded that he be allowed to run in the next election. Not stopping there, he also ordered an unfair trade practices probe into Brazil\u2019s policies that could lead to further tariffs later. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/jul\/09\/trump-tariffs-trade-politics-latest-updates\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/eu-seeks-trade-deal-with-trump-this-month-new-tariff-notices-due-2025-07-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/americas\/trump-threatens-50-brazil-tariff-citing-bolsonaro-trial-93a95e7b?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/jul\/09\/trump-tariffs-trade-politics-latest-updates\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/c87765ee-94de-4a76-9ed1-0ffa4b94f0fd\" 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>Meanwhile, Trump says a Gaza ceasefire agreement is \u201cvery close,\u201d<\/strong> as Israeli Prime Minister Benjamin Netanyahu continues talks with Trump in Washington and US, Qatari, and Israeli officials reportedly meet to discuss the agreement. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-07-09\/trump-touts-push-toward-gaza-deal-as-netanyahu-visits-pentagon?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2025\/07\/09\/gaza-ceasefire-meeting-witkoff-israel-qatar\" style=\"\" rel=\"noopener\">Axios<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Chipmaker Nvidia has just became the first company ever to hit a market cap of <\/strong><strong>USD 4 tn<\/strong>, beating its rivals Apple and Microsoft to the milestone during trading yesterday. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-07-09\/nvidia-hits-4-trillion-value-as-rally-notches-another-milestone?srnd=homepage-middle-east&embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/23e2518b-db26-4091-888e-01438f3c89eb\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/ai\/nvidia-nvda-4-trillion-market-cap-466c1c9c?mod=hp_lead_pos2\" style=\"\" rel=\"noopener\">WSJ<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/07\/09\/nvidia-4-trillion.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- X CEO Linda Yaccarino has stepped down from her position at the Elon Musk-owned platform<\/strong> after two years. The resignation comes just a day after X\u2019s chatbot, Grok, went off on a tangent, praising Adolf Hitler and spewing anti-semitic comments. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/x-ceo-yaccarino-step-down-surprise-move-2025-07-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/linda-yaccarino-x-ceo-steps-down-1550842e?mod=hp_lead_pos3\" style=\"\" rel=\"noopener\">WSJ<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/12c69972-4f27-4050-8e1c-1cb84646b9b2\" style=\"\" rel=\"noopener\">FT<\/a>)<\/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. 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\"> MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Energy Minister Suhail Al Mazrouei brushed off concerns of a surplus in oil markets<\/strong>, saying that the fact that markets are absorbing additional Opec+ barrels without a notable buildup in inventories signals sustained demand, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/uae-says-oil-markets-are-absorbing-more-barrels-without-stocks-rising-2025-07-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. \u201c[Even] with the increases for several months we haven\u2019t seen a major buildup in inventories, which means the market needed those barrels,\u201d Al Mazrouei said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Recent days saw <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8d754ac2-0171-4879-9d2f-3a5427f69c3e\/this-morning:-mgx-in-talks-to-invest-in-french-ai-startup-mistral%3F\" style=\"\" rel=\"noopener\">reports speculating that<\/a> the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/29f0c837-99c9-4a5c-a51e-caee02773f9d\" style=\"\" rel=\"noopener\">latest output boost<\/a> from Opec+ for August could tip oil markets into surplus later this year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Mazrouei also stressed the importance of maintaining price levels that support long-term investment<\/strong>, warning that focusing only on short-term price movements undermines stability and noting that countries with significant reserves are still not investing enough to secure future supply.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another hike incoming? <\/strong>Another hike of 550k barrels per day for September is looking likely for when the group meets on 3 August, sources told Reuters. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>AND- Capital Economics is the latest to forecast strong growth for the UAE\u2019s non-oil sector this year<\/p>\n","protected":false},"author":1,"featured_media":105406,"comment_status":"","ping_status":"open","sticky":false,"template":"","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":[368,21,796,57,7,20,1342,266,384,389,6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-105405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-abu-dhabi-investment-authority","tag-ad-ports","tag-ad-ports-group","tag-adnoc","tag-enterpriseam-uae","tag-gdp","tag-investment","tag-oil-and-gas","tag-opec","tag-opec-2","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"6ee686fa-8551-42aa-95b9-447f99118ec8","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/2\/1195.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: EGA to take action against Guinea? 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