{"id":92396,"date":"2024-05-27T00:00:00","date_gmt":"2024-05-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/"},"modified":"2024-05-27T00:00:00","modified_gmt":"2024-05-27T00:00:00","slug":"ihc-is-planning-to-list-daman-ins-on-the-public-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/","title":{"rendered":"IHC is planning to list Daman Ins. on the public market"},"content":{"rendered":"

Good morning, lovely people. <\/strong>We have a compact issue for you this morning, as is usually the case on Mondays, though we expect the newsflow to pick up pace as the president makes his first visit to South Korea tomorrow, before heading to China later in the week.<\/span><\/p>\n

THE BIG STORY at home<\/strong> is British oil services and engineering firm Wood Group\u2019s rejection of Sidara\u2019s third bid to acquire the company<\/strong>. We also have news of Adnoc <\/strong>eyeing an acquisition <\/strong>of Shell\u2019s South African assets<\/strong>, and an interesting read on high net worth individuals\u2019<\/strong> interest in Dubai properties<\/strong> \u2014 which will see them pour some USD 4.4 bn <\/p>\n

WEATHER- We\u2019re breaking the 40<\/strong>\u00b0C<\/strong> mark today in both Dubai and Abu Dhabi.<\/strong> The mercury will hit 42\u00b0C in Dubai, with an overnight low of 29\u00b0C, while Abu Dhabi temperatures will reach 41\u00b0C, with a low of 28\u00b0C.<\/p>\n

SPORTS-<\/p>\n

Al Ain are Asian champions: <\/strong>Al Ain beat Yokohama Marinos 5-1 on Saturday to become Asian champions for the second time ever, after clinching the trophy in 2003. The team overturned its 2-1 loss in the first leg of the game in Japan with a brace each from Soufiane Rahimi and substitute Kodjo Laba, as well as a penalty from Kaku. The team now qualifies<\/a> for the inaugural Fifa Club World Cup 2025. <\/p>\n

\u2026and Al Wasl complete the double: <\/strong>Al Wasl clinched the UAE Pro League trophy after its 3-0 victory over Shabab Al Ahli yesterday, giving them a nine-point advantage with only two matches remaining. This was the eighth Pro League title for Al Wasl, and follows their President\u2019s Cup victory over Al Ain last week, giving them <\/p>\n

PSA-<\/p>\n

#1- The Dubai Airports Freezone\u2019s Smart Police Station is temporarily closed<\/strong>, Dubai Police said in an X post<\/a>. <\/p>\n

#2- UAEPass is secure:<\/strong> The Telecommunications and Digital Government Regulatory Authority dismissed rumors circulating on social media regarding alleged fraud using the UAEPass, reassuring users<\/a> of the app\u2019s safety. <\/p>\n

#3- The Abu Dhabi Agriculture and Food Safety Authority has warned against <\/strong>crypto mining<\/strong> on agricultural land<\/strong>, warning farmers that they will face a AED 10k fine if they allow the mining activities on their farms in a Facebook statement<\/a>.<\/p>\n

Uh, Enterprise, what\u2019s crypto mining?<\/strong> In the crypto world, mining refers to an energy-intensive process that verifies transactions and generates new coins using advanced computer systems.<\/p>\n

#4- The Federal Tax Authority (FTA) is out with a new guide on corporate tax for <\/strong>freezone persons,<\/strong> it said on LinkedIn<\/a>. The guide includes information on how freezone businesses and persons can benefit from the freezone corporate tax regime, which allows qualifying freezone persons to claim a 0% corporate tax rate on their qualifying income, as opposed to the standard 9% corporate tax rate. You can find the full guide here (pdf)<\/a>. <\/p>\n

WATCH THIS SPACE-<\/p>\n

<\/a> #1- IHC eyes another ADX listing:<\/strong> Investment giant International Holding Company (IHC<\/a>) plans to list Daman Ins., a unit of its subsidiary PureHealth, on the public market, IHC CEO Syed Basar Shueb tells Bloomberg<\/a>, without disclosing the size or timing of the IPO. <\/p>\n

The move comes as the firm <\/strong>plans to buy back<\/a><\/strong> up to AED 5 bn of its shares <\/strong>to boost its <\/strong>share price<\/strong> and reward shareholders, \u201cwho have probably not seen the share price growth in the past year,\u201d Shueb said. The firm\u2019s stock has \u201ctraded in a tight range for nearly two years,\u201d according to Bloomberg data. <\/p>\n

REMEMBER- There are more IHC IPOs in the pipeline: <\/strong>Shueb told Bloomberg in March<\/a> the company plans to list its recently established subsidiary 2PointZero<\/a> \u2014 which holds some AED 100 bn (USD 27 bn) of assets \u2014 on the ADX sometime next year. The firm is also planning to debut two more holdings \u2014 International Technology Holding (ITH) and Sirius International Holding \u2014 on the ADX, with the company prioritizing internal business growth over pursuing new sectors, Shueb told Bloomberg. ITH will hit the bourse this year, while Sirius and 2PointZero will likely go live in 2025.<\/p>\n

\n

#2- Ewec opens registration for 2Q 2024 CEC auction:<\/strong> Emirates Water and Electricity Company (Ewec) opened the registration period for its 2Q 2024 clean energy certificates (CEC)<\/a> on Thursday, Wam<\/a> writes. The auction will take place on 14 June. <\/p>\n

REMEMBER-<\/strong> CECs are the only accredited instruments<\/a> in Abu Dhabi that prove the ownership of environmental and economic benefits of consuming clean energy. The certificates were introduced by the Abu Dhabi Department of Energy to help ensure that the emirate meets its clean energy and net zero goals.<\/p>\n

\n

#3- Deutsche Bahn narrows bidders for DB Schenker to four:<\/strong> German Deutsche Bahn has shortlisted four bidders vying for its logistics subsidiary, DB Schenker, with the shortlisted companies including a financial investor, a strategic investor, a European investor and one from the Middle East, sources told Reuters<\/a>, without being specific. One or more of the bids exceed the EUR 15 bn mark, the sources said, with other bids ranging between EUR 13-14 bn. <\/p>\n

REMEMBER-<\/strong>Abu Dhabi Investment Authority (Adia) has<\/a>reportedly been tapped<\/a> by global investment manager CVC to join its consortium to bid for the company. It is also in talks with Singapore's GIC.<\/p>\n

Deutsche Bahn is expected to make a decision by the end of the year<\/strong>, with the transaction expected to close sometime next year, the sources added. <\/p>\n

ICYMI- Adia is not the only Middle East bidder, <\/strong>with the Abu Dhabi sovereign wealth fund ADQ<\/a> and Saudi shipping firm Bahri also expressing interest in acquiring DB Schenker. Deutsche Bahn had kicked off the sales process<\/a> for its logistics subsidiary late last year. Deutsche Bahn\u2019s offloading of DB Schenker is expected to generate between EUR 12 bn to EUR 15 bn, which the railway operator will apply towards paying down its EUR 30 bn debt and doubling down on its core railway operations. <\/p>\n

HAPPENING TODAY-<\/p>\n

#1- The Central Bank of the UAE (CBUAE) will auction four m-bills worth up to AED 15 bn <\/strong>today<\/strong>, according to a statement (pdf)<\/a>. Three of the m-bills are tap issuances, with the four having tenors ranging from 28 to 280 days.<\/p>\n

Decoding central bank speak:<\/strong> M-bills are short-term securities issued in AED by the CBUAE at no interest. The bonds typically have maturity dates of one to 12 months and are not retrievable through any other listing. A tap issuance allows the CBUAE to more finely control money supply by allowing it the flexibility to continue selling bills past the initial auction date.<\/p>\n

#2- The Abu Dhabi Energy Center will play host to the <\/strong>Make it in the Emirates Forum<\/a> <\/strong>today<\/strong> and tomorrow.<\/strong> The forum, which is organized by the Industry and Advanced Technology Ministry, brings together local and international decision-makers, government officials, private companies, investors, and financing institutions to support industrial growth and investment.<\/p>\n

#3- <\/strong>The <\/strong>Middle East Investors Summit<\/a><\/strong> also gets underway today at Abu Dhabi\u2019s Rosewood<\/strong> Hotel<\/strong> in Al Maryah Island. The summit, which wraps up tomorrow, will focus on potential investment in the emerging tech digital assets and crypto, sports, and entertainment sectors, with one of the key themes being the GCC\u2019s region growing influence as a business hub.<\/p>\n

#4- <\/strong>The <\/strong>Arab Media Summit<\/a><\/strong> kicks off today and will run until Wednesday, 29 May <\/strong>at the Dubai World Trade Center. Organized by the Dubai Press Club, the three-day summit features the Arab Youth Media Forum and the Arab Media Forum from today through Wednesday, as well as the Arab Media Award ceremony tomorrow and the Arab Social Media Influencers Award ceremony on Wednesday. The events will collectively gather over 4k participants, 250 speakers, and 200 media figures, according to the Dubai Media Office<\/a>. <\/p>\n

HAPPENING THIS WEEK- <\/p>\n

<\/a> #1- President Sheikh Mohamed bin Zayed Al Nahyan will head to South Korea on a <\/strong>two-day visit tomorrow<\/strong>, at the invitation of South Korean President Yoon Suk Yeol, Wam<\/a> reports. The state leaders will discuss ramping up cooperation in trade, investment, energy, and technology, in addition to regional and international developments. Marking the president\u2019s first visit to Korea, the landmark working visit is expected to see the two countries sign a number of investment agreements and MoUs to bolster bilateral business cooperation, according to Korean news portal Korea.net<\/a>.<\/p>\n

#2- The President will head to China next on Thursday, 30 May,<\/strong> at the invitation of Chinese President Xi Jinping, to ring in the 40th anniversary of diplomatic relations between the UAE and China, Wam<\/a> reports. The visit seeks to build on the countries\u2019 existing strategic partnership, with the state leaders set to discuss furthering economic, developmental, and cultural cooperation to promote sustainable development and economic growth across both countries. President Al Nahyan will also attend the latest Ministerial Conference of the China-Arab States Cooperation Forum during his visit.<\/p>\n

\n

#3- A big week ahead for Arab diplomacy? <\/strong> The foreign ministers of Saudi Arabia, the United Arab Emirates, Egypt, Jordan and Qatar will join their 27 European Union counterparts<\/a> in Brussels today for talks. Look for the war in Gaza and the post-war order there to take center stage: The Arab FMs were in Paris over the weekend, where they stressed the urgency of a ceasefire in Gaza during a meeting with French President Emmanuel Macron.<\/p>\n

DATA POINTS-<\/p>\n

#1- Over 100k Emiratis are currently employed in the private sector, <\/strong>with 70k having joined the workforce over the past two and a half years, Prime Minister Sheikh Mohammed bin Rashid Al Maktoum said in a statement<\/a> on X, noting that the record Emiratisation rate was achieved following the launch of the AED 24 bn Nafis<\/a> program.<\/p>\n

#2- Digital trade is set to grow at a 12.3% clip over the next four years,<\/strong> with over 40% of UAE consumers already utilizing buy now, pay later and fintech services for online purchases, Wam<\/a> reports, citing a research paper by the Economy Ministry and the Abu Dhabi Chamber of Commerce and Industry. Some 47% of UAE-based consumers opt to pay for their digital purchases using credit cards, according to the paper, surpassing the 18% global average. <\/p>\n

MARKET WATCH-<\/p>\n

<\/a> The UAE could reach its oil capacity target sooner than its initial 2027 goal: <\/strong>The UAE is on track to hit its 5 mn barrels per day (bbl \/ d) oil capacity target by the end of 2025 or early 2026, ahead of the original 2027 goal set by the Abu Dhabi National Oil Company (Adnoc), Bloomberg<\/a> reports, citing people with knowledge of the operations. Abu Dhabi currently produces about two-thirds of its capability, and has reportedly been hoping<\/a> to use up its spare capacity. <\/p>\n

REMEMBER- Adnoc has ramped up drilling operations recently, <\/strong>drilling new wells in oil fields and connecting production sites to existing processing stations to squeeze out more deposits, the sources said. The oil giant raised its crude oil production capacity to 4.85 mn bbl \/ d from 4.65 mn bbl \/ d earlier this month<\/a>. It recently announced<\/a> resumed operations at its Ras Al Sadr field in Abu Dhabi, while Adnoc Drilling has set up a JV<\/a> to unlock \u201cunconventional\u201d energy resources in the emirate. Adnoc Gas also earmarked USD 13 bn<\/a> over the next five years to expand in domestic and international markets, with plans to double its LNG production capacity by 2028.<\/p>\n

Pundits weigh in: <\/strong>\u201cThe UAE is not doing this to generate spare capacity, they\u2019re investing to produce this stuff,\u201d Ben Cahill, a senior fellow in the Center for Strategic and International Studies said. <\/p>\n

Increased capacity could be a point of contention as OPEC eyes extension of cuts through 2H 2024<\/strong>, Bloomberg reports. The OPEC+ alliance meeting, originally planned for Vienna on 3 June, was rescheduled to be held online a day later, Bloomberg<\/a> reports. It is widely expected that the meeting will lead to the extension of output reductions into late 2024 to stabilize the market and increase prices, analysts told Bloomberg<\/a> separately. The decision to hold the meeting online reinforces the expectation of continued cuts, according to Viktor Katona, head crude analyst at market intelligence firm Kpler. <\/p>\n

\n
\n
\n
\n

Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

THE BIG STORY ABROAD- <\/p>\n

It\u2019s a reasonably quiet morning in the global business press<\/strong>, as is often the case on Mondays \u2014 and even more so when it\u2019s a long weekend: Markets are closed today in both the United States (Memorial Day) and the UK (spring bank holiday). <\/p>\n

Hamas fired rockets at Tel Aviv yesterday for the first time since January<\/strong> in what defense analysts are saying is a demonstration of resilience, the Associated Press<\/a> reports. Eight rockets were launched from Rafah and several were intercepted, the Israeli military said. <\/p>\n

Israel, in turn, killed dozens<\/strong> in airstrikes<\/a> on Rafah hours after Hamas\u2019 attacks. At least 35 people were killed and dozens injured. <\/p>\n

Negotiations due to resume in Cairo tomorrow: <\/strong>Another round of ceasefire and hostage swap negotiations is due to kick off in Cairo tomorrow, CNN<\/a> and Reuters<\/a> report, citing unnamed officials. Egyptian and Qatari mediators will lead the talks with US involvement. <\/p>\n

Aid delivery resumes:<\/strong> Some 200 aid trucks and four fuel trucks departed from Egypt to enter Gaza through the Kerem Shalom crossing yesterday, bypassing the Rafah crossing that has been closed for several weeks, Al Qahera News<\/a> reports. <\/p>\n

\n

A bad morning for nervous flyers: <\/strong>The press is picking up on the idea that significant in-flight turbulence is becoming more common thanks to global warming after a dozen people were injured yesterday on a Qatar Airways flight that ran into turbulence over Turkey. The incident came just days after dozens were hurt in a similar Singapore Airlines incident. The story<\/a> is all over front pages this morning.<\/p>\n

Signs of the times: Hedge fund managers are blaming slow fundraising on the slow pace <\/strong>of exits by their counterparts in private equity.<\/strong> Both rely on pension plans, foundations, and endowments for assets under management, but with PE exits slowing, limited partners have less cash to put into hedge funds and other asset classes, the Financial Times<\/a> writes.<\/p>\n

Keep an eye on: <\/strong>Closing arguments in Donald Trump\u2019s hush-money trial<\/strong>, which begin on Tuesday, and parliamentary elections in South Africa<\/strong>, which start on Wednesday. <\/p>\n","protected":false},"excerpt":{"rendered":"

Plus: President Sheikh Mohamed bin Zayed heads to South Korea tomorrow<\/p>\n","protected":false},"author":1,"featured_media":92397,"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":[143,149,6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-energy","tag-ipo-watch","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"414680c9-5d56-44ec-9317-72b964f0ab1d","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/4\/628.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: IHC eyes Daman IPO + UAE to hit oil capacity targets by 2025 or early 2026","related_issue":[92394],"teaser":"Plus: President Sheikh Mohamed bin Zayed heads to South Korea tomorrow","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.7db98448-6f3f-4caa-99e8-aafedc5f6cbf.mp3"},"yoast_head":"\nIHC is planning to list Daman Ins. on the public market - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IHC is planning to list Daman Ins. on the public market\" \/>\n<meta property=\"og:description\" content=\"Plus: President Sheikh Mohamed bin Zayed heads to South Korea tomorrow\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-27T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IHC is planning to list Daman Ins. on the public market\",\"datePublished\":\"2024-05-27T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/\"},\"wordCount\":2331,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1\",\"keywords\":[\"energy\",\"IPO WATCH\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/\",\"name\":\"IHC is planning to list Daman Ins. on the public market - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-05-27T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IHC is planning to list Daman Ins. on the public market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IHC is planning to list Daman Ins. on the public market - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/","og_locale":"en_US","og_type":"article","og_title":"IHC is planning to list Daman Ins. on the public market","og_description":"Plus: President Sheikh Mohamed bin Zayed heads to South Korea tomorrow","og_url":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/","og_site_name":"UAE","article_published_time":"2024-05-27T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"IHC is planning to list Daman Ins. on the public market","datePublished":"2024-05-27T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/"},"wordCount":2331,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1","keywords":["energy","IPO WATCH","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/","url":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/","name":"IHC is planning to list Daman Ins. on the public market - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1","datePublished":"2024-05-27T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2024\/05\/27\/ihc-is-planning-to-list-daman-ins-on-the-public-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"IHC is planning to list Daman Ins. on the public market"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/628.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/92396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=92396"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/92396\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/92394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/92397"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=92396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=92396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=92396"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=92396"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=92396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}