{"id":95076,"date":"2024-08-23T00:00:00","date_gmt":"2024-08-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/nmdc-to-approve-ipo-of-epc-unit-today-binance-eyes-dubai-abu-dhabi-for-hq-office\/"},"modified":"2024-08-23T00:00:00","modified_gmt":"2024-08-23T00:00:00","slug":"nmdc-to-approve-ipo-of-epc-unit-today-binance-eyes-dubai-abu-dhabi-for-hq-office","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/08\/23\/nmdc-to-approve-ipo-of-epc-unit-today-binance-eyes-dubai-abu-dhabi-for-hq-office\/","title":{"rendered":"NMDC to approve IPO of EPC unit today? + Binance eyes Dubai, Abu Dhabi for HQ office"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>It\u2019s the final weekend before you send your kids off to school \u2014 we can almost hear the collective sigh of relief \u2014 so we hope you enjoy the final days of summer with your families. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY here at home<\/strong> <strong>this morning is Emirates Global Aluminum\u2019s venture into the US <\/strong>with the acquisition of an 80% stake in recycled aluminum producer Spectro Alloys. <\/p>\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\"> <a id=\"wwtt1\"><\/a> <strong>#1- NMDC to approve potential IPO for EPC services subsidiary:<\/strong> The <a target=\"_blank\" href=\"https:\/\/nmdc-group.com\/\" style=\"\" rel=\"noopener\">National Marine<\/a><a target=\"_blank\" href=\"https:\/\/nmdc-group.com\/\" style=\"\" rel=\"noopener\">Dredging Company (NMDC) Group<\/a> is holding a virtual board meeting today to approve potentially selling shares in its subsidiary <a target=\"_blank\" href=\"https:\/\/nmdc-group.com\/\" style=\"\" rel=\"noopener\">NMDC Energy<\/a>, an EPC solutions provider for the energy sector, in an IPO, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/1921.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. Details on the size or value of the IPO were not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>The mercury peaks at 40\u00b0C today in <strong>Dubai<\/strong>, before cooling to an overnight low of 33\u00b0C. Over in <strong>Abu Dhabi<\/strong>, expect a partly cloudy day with a high of 37\u00b0C and an overnight low of 32\u00b0C. <\/p>\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>The Central Bank of the UAE revoked <\/strong><strong>Muthoot<\/strong><strong> Exchange's remittance license<\/strong> and struck its name from the register for failing to meet capital requirements, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/2036.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. Muthoot Exchange, a subsidiary of an Indian non-banking financial firm, was incorporated in 2010 but had a limited market presence, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/banking\/uae-license-of-indian-exchange-house-muthoot-revoked-by-central-bank-1.1724311715035\" style=\"\" rel=\"noopener\">Gulf News<\/a> wrote.<\/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>UAE citizens can visit Sri Lanka without a visa starting 1 October<\/strong>, after the country greenlit a new six-month pilot program to boost tourism, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/asia\/sri-lanka-approves-free-tourist-visas-35-countries-boost-tourism-2024-08-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. <\/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>Binance eyes Dubai and Abu Dhabi as potential HQ locations: <\/strong>The world\u2019s largest cryptocurrency exchange Binance is considering setting up its headquarters in Dubai, Abu Dhabi, or a third undisclosed city, the exchange\u2019s CEO Richard Teng told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-22\/binance-hiring-1-000-as-compliance-spending-tops-200-million\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. Binance plans to hire 1k new employees in 2024, including 700 to be hired as compliance workforce to meet regulatory requirements. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Last <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/5f01da63-8d7e-49d6-a68c-bd0416e5c2a0\/%253cmark%253ebinance%253c%2Fmark%253e-set-to-become-accessible-to-retail-investors-after-bagging-vasp-license-in-dubai\" style=\"\" rel=\"noopener\">April<\/a>, Binance received approval from Dubai\u2019s Virtual Assets Regulatory Authority (Vara) to operate as a Virtual Asset Service Provider (Vasp) in the emirate. Teng now spearheads the exchange after co-founder Changpeng Zhao stepped down as part of a US plea agreement on money laundering charges.<\/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\u2019s buy now, pay later (BNPL) sector is expected to grow 18.5% y-o-y to <\/strong><strong>USD 2.45 bn in 2024<\/strong>, according to a recent <a target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/08\/20\/2932719\/0\/en\/UAE-Buy-Now-Pay-Later-Business-Report-2024-2029-Global-Firms-are-Seeking-to-Enter-UAE-s-Fast-growing-BNPL-Market.html#:~:text=According%20to%20the%20publisher%2C%20BNPL,in%20the%20country%20remains%20strong\" style=\"\" rel=\"noopener\">report<\/a>. The local BNPL industry is forecast to hit USD 4.41 bn by 2029 from USD 2.07 bn last year, growing at a compound annual growth rate of 12.4% on the back of heightened demand for unconditional loans post-pandemic. Projected growth is also supported by rising e-commerce penetration in the UAE and new regulations introduced by the Central Bank in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cc1aadd8-9015-4193-aad1-32af782bdf28\/new-regulations-for-short-term-credit-amid-rising-demand-for%253cmark%253e-bnpl%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">December<\/a> requiring unregulated BNPL service providers to obtain licenses.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Adnoc\u2019s ICV program generates more than AED 700 mn through eight new industrial hubs: <\/strong>Abu Dhabi National Oil Company (Adnoc) facilitated the set up of eight UAE-based and international industrial centers within a year, generating more than AED 700 mn in value and 800 jobs for UAE citizens, through its <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/incountry-value\" style=\"\" rel=\"noopener\">In-Country Value (ICV) program<\/a>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b4sb6or-adnoc%E2%80%99s-icv-programme-continues-drive-local\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The companies that established industrial centers under agreements with Adnoc include <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bf05e259-480e-47aa-aaee-31d12191f77c\/mubadala-invests-in-blockchain-focused-fund\" style=\"\" rel=\"noopener\">Tenaris<\/a>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/details\/1395303062329\" style=\"\" rel=\"noopener\">Ingenia Polymers<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.technipfmc.com\/en\/investors\/financial-news-releases\/press-release\/technipfmc-awarded-multi-year-surface-technologies-contract\/\" style=\"\" rel=\"noopener\">Technip FMC<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Adnoc boosted its target for procurement of local supplies <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d786a7f0-2b82-4b0d-a6e8-3c31405c1f09\/make-it-in-the-emirates-kicks-off-with-a-bang\" style=\"\" rel=\"noopener\">earlier in May<\/a><\/strong> to AED 90 bn by 2030, after meeting its 2027 target of AED 70 bn ahead of schedule. Adnoc\u2019s new target aims to drive back AED 178 bn into the UAE\u2019s economy over the next four years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Introduced in 2018, Adnoc\u2019s ICV program aims to localize essential functions in the oil and gas sector by supporting local supply chains and procuring from local suppliers. It injected AED 48 bn back into the economy in 1H 2024, and a total of AED 187 bn since its inception.<\/p>\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>#3- <font face=\"Arial\">Dubai<\/font>-based companies invested USD 1.4 bn in China between 2015 and 2023, <\/strong>reflecting Emirati firms\u2019 growing interest in the Chinese market, Dubai Chambers president and CEO Mohammad Ali Rashed Lootah said at the Dubai Business Forum in China, according to <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/142w26y-dubai-based-companies-invest-14-billion-china\" style=\"\" rel=\"noopener\">Wam<\/a>. Registrations of Chinese companies with the Dubai Chamber of Commerce rose 12% y-o-y in 1H 2024, reaching 5.4K, with 742 new firms registered by mid-year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO FROM THE FORUM- Dubai Chambers inked an MoU with the Chinese Council fo<\/strong><strong>r the Promotion of <\/strong><strong>International Trade Beijing Subcouncil<\/strong> to coordinate business events as well as trade delegation visits, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/142w26v-dubai-business-forum-china-highlights-d33\" style=\"\" rel=\"noopener\">Wam<\/a> writes. The agreement aims to boost bilateral trade relations and support Chinese firms expanding into Dubai. <\/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 the fourth and final night of the Democratic National Convention<\/strong>, and US Vice President Kamala Harris is gearing up to accept her nomination and deliver a key speech to secure more votes. Harris and other Democratic speakers are hitting the stage soon after we hit \u201csend\u201d on this morning\u2019s issue.  <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, all eyes will be on Jackson Hole this weekend as Fed Chair Jerome Powell takes the podium<\/strong> for his biggest address of the year, only weeks ahead of what\u2019s expected to be the first interest rate cut in more than four years. We have more on what to expect from the high-profile gathering in Planet Finance, below. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER BUSINESS NEWS- British tech entrepreneur Mike Lynch, dubbed the \u201cBritish Bill Gates,\u201d was confirmed dead <\/strong>after his body was found following the sinking of a yacht during a severe storm off the coast of Italy. Lynch was the founder of software company Autonomy, which was sold to HP for USD 11 bn \u2014 most of which was written down later after a long, high-profile trial. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/9f6d3a9a-32a6-4fba-8587-c1bca097957d\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-22\/mike-lynch-whose-tech-success-story-was-unfinished-dies-at-59?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/two-bodies-still-missing-mike-lynchs-sunken-yacht-sicily-2024-08-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLOSER TO HOME- Israeli negotiators are in Cairo for another round of ceasefire talks along with the US\u2019s top envoy for the region, Brett McGurk,<\/strong> despite Hamas\u2019 refusal to accept what are said to be new conditions from the Israeli side, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-22\/israeli-team-travels-to-cairo-with-gaza-talks-set-to-resume?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Those include demands for Israeli troops to remain in Gaza and releasing hostages into exile, sources told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israeli-demands-troops-gaza-blocking-truce-deal-sources-say-2024-08-22\/\" style=\"\" rel=\"noopener\">Reuters<\/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.&nbsp;<a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" rel=\"noopener\">Tap or click here<\/a><span style=\"background-color: transparent;\"> to get your own copy of EnterpriseAM UAE.<\/span><\/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 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:\/\/itsworldcongress.com\/\" style=\"\" rel=\"noopener\">Intelligent Transport Systems World Congress<\/a><\/strong><strong> will take place from 16 to 20 <\/strong><strong>September in Dubai<\/strong>, marking its first time hosted outside Europe, North America, Australia, and East Asia, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/august\/21-08\/dubai-to-receive-participant-in-its-congresses\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The Congress is expected to welcome 20k participants to explore innovations in smart mobility and transportation technology.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Dubai Financial Services Authority and the Hong Kong Monetary Authority are <\/strong><strong>organizing their<\/strong><strong> first <\/strong><strong><a target=\"_blank\" href=\"https:\/\/hkma-dfsa-climatefinanceconference.hkma.gov.hk\/detail\" style=\"\" rel=\"noopener\">joint climate finance conference<\/a><\/strong><strong> on 16 <\/strong><strong>September <\/strong>in Hong Kong, according to a <a target=\"_blank\" href=\"https:\/\/www.dfsa.ae\/news\/hkma-and-dfsa-co-host-climate-conference-strengthen-sustainable-finance-cooperation-across-asia-and-middle-east\" style=\"\" rel=\"noopener\">statement<\/a>. The hybrid event will focus on advancing sustainable finance and addressing transition finance challenges.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The Dubai Financial Services Authority and the Hong Kong Monetary Authority (HKMA) partnered up to explore ways to improve policies and regulations for climate finance in the Middle East and Asia <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6ad87285-6f3e-4e3c-864b-d2e527205a38\/egypt%25e2%2580%2599s-ora-developing-usd-10-bn-project-in-ghantoot-%2B-adnoc-signs-15-year-lng-agreement-with-enn-lng-%2B-block-trading-on-alpha-dhabi#:~:text=The%20Dubai%20Financial%20Services%20Authority%20(DFSA)%20%2B%20the%20Hong%20Kong%20Monetary%20Authority%20(HKMA)\" style=\"\" rel=\"noopener\">last year<\/a>. The partnership builds on the existing relationship between the Dubai International Financial Centre (DIFC) and HKMA and aims to promote cross-border collaboration for sustainable finance, supporting the net-zero transition.<\/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:\/\/sharjahinvestmentforum.ae\/\" style=\"\" rel=\"noopener\">Sharjah Investment Forum<\/a><\/strong><strong> is scheduled to take place on 18-19 September <\/strong>at the Jawaher Reception and Convention Centre. Hosted by the Sharjah FDI Office, the two-day event, under the theme \u201cA Futuristic Vision for Smart Economies,\u201d will gather over 135 speakers and 1.5k visitors to discuss the current global investment ecosystem and latest tech. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The form will feature the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ila.sharjahinvestmentforum.ae\/\" style=\"\" rel=\"noopener\">Investors Lounge<\/a><\/strong>, a platform for exclusive networking for investors with senior government officials and decision makers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PureHealth and Forbes Middle East are hosting the Healthcare Leaders Summit from <\/strong><strong>19-20 September<\/strong> at the St. Regis Saadiyat Island Resort, Abu Dhabi, according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/health\/purehealth-partners-with-forbes-middle-east-to-host-third-annual-healthcare-leaders-summit\/\" style=\"\" rel=\"noopener\">Abu Dhabi Media Office<\/a>. The event will bring together healthcare professionals and government officials to discuss advancements in medical technology, public-private partnerships, and holistic health practices.<\/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: Dubai-based companies invested USD 1.4 bn in China between 2015 and 2023<\/p>\n","protected":false},"author":1,"featured_media":95077,"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":[6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-95076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"58f74ab4-f978-446e-a782-574349e82235","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/3\/1775.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: NMDC to approve IPO of EPC unit today? + Binance eyes Dubai, Abu Dhabi for HQ office","related_issue":[95074],"teaser":"Plus: Dubai-based companies invested USD 1.4 bn in China between 2015 and 2023","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.84a8a707-60a8-4879-96ed-1c27da43b773.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NMDC to approve IPO of EPC unit today? + Binance eyes Dubai, Abu Dhabi for HQ office - 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\/08\/23\/nmdc-to-approve-ipo-of-epc-unit-today-binance-eyes-dubai-abu-dhabi-for-hq-office\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NMDC to approve IPO of EPC unit today? 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