{"id":95677,"date":"2024-09-11T00:00:00","date_gmt":"2024-09-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/this-morning-nmdc-energy-to-debut-on-the-adx-joby-aviation-applies-for-operational-license-in-uae\/"},"modified":"2024-09-11T00:00:00","modified_gmt":"2024-09-11T00:00:00","slug":"this-morning-nmdc-energy-to-debut-on-the-adx-joby-aviation-applies-for-operational-license-in-uae","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/09\/11\/this-morning-nmdc-energy-to-debut-on-the-adx-joby-aviation-applies-for-operational-license-in-uae\/","title":{"rendered":"THIS MORNING: NMDC Energy to debut on the ADX + Joby Aviation applies for operational license in UAE"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, lovely people. <\/strong>It\u2019s another busy news day, with the India-UAE business forum wrapping with several agreements, RedBird IMI finally selling the Spectator (next up: the Telegraph), and business conglomerate Hayel Saeed Anam Group snaps up a stake in an Egyptian biscuit manufacturer. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BUT FIRST- The UAE lost 0-1 to Iran in the third round of Asia\u2019s world cup qualifiers<\/strong>, leaving it third in Group A. North Korea is next to play against the Emirati team at the Hazza bin Zayed Stadium on 10 October.<\/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 Energy\u2019s shares will begin trading on the ADX\u2019s First Category starting <\/strong><strong>today<\/strong><strong>, <\/strong>under the ticker NMDCENR, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b51u4d1-adx-announces-listing-nmdc-energy-shares-next\" style=\"\" rel=\"noopener\">Wam<\/a> reports. For the first three trading sessions, the company\u2019s share price will not not be subject to the usual daily rise and fall limits. The final share price was set at AED 2.8. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Last week, NMDC Energy raised <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6fd1f54f-2a08-4db2-bb29-95548d661e52\/%253cmark%253enmdc%253c%2Fmark%253e%253cmark%253e-energy%253c%2Fmark%253e-closes-aed-3.2-bn-ipo-with-31x-oversubscription-rate%3B-shares-start-trading-11-september\" style=\"\" rel=\"noopener\">AED 3.22 bn<\/a> in its IPO, offering 23% of its shares to the market and attracting over AED 88 bn in orders. The order book was 31x oversubscribed, excluding cornerstone investors.<\/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>#2- The UAE is set to participate in the two-day Belt and Road Initiative (BRI) summit,<\/strong> which runs today and tomorrow in Hong Kong, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/1440s8f-uae-emerges-key-player-global-development\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The UAE has invested some USD 10 bn in BRI projects to date. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The inaugural<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/dubaiaiweb3festival.com\/?utm_medium=display_banner&amp;utm_source=google_ads&amp;utm_campaign=delegates_pmaxcampaign\" style=\"\" rel=\"noopener\">Dubai AI and Web3 Festival<\/a><\/strong><strong> will kick off today and run until <\/strong><strong>tomorrow<\/strong> at Madinat Jumeirah. The Dubai International Financial Centre event will host over 100 exhibitors and will welcome some 5k tech industry experts and entrepreneurs to explore and discuss investment, collaboration and innovation in the tech sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/pppmenaforum.com\/\" style=\"\" rel=\"noopener\">PPP MENA Forum<\/a><\/strong><strong> kicked off yesterday and will run until <\/strong><strong>today<\/strong> at the Jumeirah Emirates Towers in Dubai. Sponsored by the Abu Dhabi Investment Office, the two-day event will bring together senior policymakers, investors, and business executives from the UAE, Saudi Arabia, Kuwait, and Oman to discuss the latest financial and regulatory developments in PPP frameworks and explore means to advance PPP initiatives in the region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- EFG Hermes\u2019 annual conference continues today in London<\/strong>, giving investors \u201cunique and unparalleled access to leading equities in MENA and key frontier emerging markets.\u201d The event will wrap tomorrow.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What to watch out for today:<\/strong>&nbsp;Today\u2019s session of the conference at London\u2019s Emirates Stadium will feature Egyptian Financial Regulatory Authority head Mohamed Farid, who will be taking part in a fireside chat that will dive into the latest in capital markets, regulations and fintech, EFG Hermes said in a&nbsp;<a href=\"https:\/\/ent.news\/2024\/9\/666.pdf\" target=\"_blank\" rel=\"noopener\">statement (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** EnterpriseAM UAE will have exclusive coverage<\/strong> of the signature Fireside Chats from the conference in tomorrow morning\u2019s edition. <\/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 Electric aircraft developer <\/strong><strong>Joby Aviation applied for certification to operate commercial air transport in the UAE<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ir.jobyaviation.com\/news-events\/press-releases\/detail\/106\/joby-applies-to-become-first-certified-electric-air-taxi\" style=\"\" rel=\"noopener\">statement<\/a> from Joby. The company will develop air taxi operating manuals, undergo facility inspections, and complete the observation of pilot and aircraft mechanic training and flight operations by the country\u2019s General Civil Aviation Authority as part of the process.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming:<\/strong> Joby said <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/12705fb4-dc92-4634-b9c0-6596b0801213\/this-morning:-adia-eyes-stake-in-vodafone-idea%3F-%2B-flying-taxis-could-come-earlier-than-expected\" style=\"\" rel=\"noopener\">last month<\/a> it plans to launch battery-powered air taxis in Dubai by late 2025. The company plans to kick off infrastructure work later this year, begin initial flights early next year, and eyes full commercialization by the end of 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">#2-<\/strong><span style=\"background-color: transparent;\"> <\/span><strong style=\"background-color: transparent;\">Etihad Water and Electricity Company (Ewec) plans to extend new <\/strong><strong style=\"background-color: transparent;\"><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d786a7f0-2b82-4b0d-a6e8-3c31405c1f09\/%253cmark%253emake-it-in-the-emirates%253c%2Fmark%253e-kicks-off-with-a-bang\" rel=\"noopener\">energy tariff<\/a><\/strong><strong style=\"background-color: transparent;\"><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d786a7f0-2b82-4b0d-a6e8-3c31405c1f09\/%253cmark%253emake-it-in-the-emirates%253c%2Fmark%253e-kicks-off-with-a-bang\" rel=\"noopener\">reductions<\/a><\/strong><strong style=\"background-color: transparent;\"> agreed earlier this year to 50 i<\/strong><strong style=\"background-color: transparent;\">ndustrial and tech businesses<\/strong><span style=\"background-color: transparent;\"> in Ras Al Khaimah, Fujairah, Ajman, and Umm Al Qaiwain over the next two years, state news agency <\/span><a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b53mf9g-make-the-emirates-initiative-supports-business\" rel=\"noopener\">Wam<\/a><span style=\"background-color: transparent;\"> reports. Ewec has so far processed applications from 10 firms.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Ewec revised its energy consumption tariff structure for industrial and tech customers in the northern emirates at the Make it in the Emirates forum earlier this year. The new tiered pricing system targets manufacturers with a monthly consumption exceeding 10 MW per hour, with rates for the tariff now beginning at 26 fils per KW hour, down from 32 fils per KWh.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><b>#3-&nbsp;<\/b><span style=\"background-color: transparent;\"><b>Alpha Dhabi offloads OCI\u2019s methanol unit stake: <\/b>Abu Dhabi-based Alpha Dhabi Holding will offload its 11% equity stake in OCI Global\u2019s methanol business OCI Clean Fuels, according to an&nbsp;<\/span><a href=\"https:\/\/ent.news\/2024\/9\/748.pdf\" target=\"_blank\" rel=\"noopener\">ADX filing (pdf)<\/a><span style=\"background-color: transparent;\">. This comes as part of OCI Global\u2019s sale of its methanol business operating in the US and Europe to Canadian methanol producer Methanex earlier this week.<\/span><\/p>\n<p style=\"padding: 0px; margin-right: 0px; margin-left: 0px; line-height: 1.15;\"><b>Background:<\/b> OCI Global&nbsp;<a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3927b56c-8446-4a9d-991e-8778a6170c10\" target=\"_blank\" rel=\"noopener\">sold<\/a>&nbsp;its entire methanol business to Methanex in a USD 2.05 bn agreement. Methanex will make the purchase by paying USD 1.15 bn in cash, in addition to the issuance of 9.9 mn of its shares valued at USD 450 mn, giving OCI a 13% ownership of the company to make it the second largest shareholder. The transaction is set to be completed in 1H 2025, pending regulatory and shareholder approvals.<\/p>\n<p class=\"tag-border-left\"> DATA POINT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over 400 AI companies were registered in Abu Dhabi by the end of 2Q<\/strong><strong> 2024<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b547umj-abu-dhabis-sector-booms-with-413-annual-surge-new\" style=\"\" rel=\"noopener\">Wam<\/a> reported, citing a study by the Abu Dhabi Chamber of Commerce and Industry. The first half of the year saw the establishment of 90 AI companies, up 41.3% y-o-y. Some 69% of AI-related activities were focused on innovation, AI research, and consultancies in 2Q 2024, the study showed.<\/p>\n<p class=\"tag-border-left\">OIL WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>The UAE's crude oil production averaged 2.96 mn barrels per day in August<\/strong>, a slight increase of 4k barrels from July, according to secondary data published in <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/9\/812.pdf\" style=\"\" rel=\"noopener\">Opec\u2019s Monthly Oil Market report (pdf)<\/a>. Production averaged 2.9 mn bbl \/ d in 2Q 2024. Crude oil output rose in Nigeria, Congo, and Venezuela, while Libya, Iraq, while Saudi Arabia saw declines in production.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Opec cut its forecast for oil demand growth in 2024 to 2 mn barrels per day<\/strong>, some 80k bbl \/ d less than its previous forecast. The oil cartel also sees demand growth slowing to 1.7 mn bbl \/ d next year, 40k bbl \/ d lower than its initial forecast.<\/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>The much-anticipated Harris-Trump debate ends with bang, not a whimper<\/strong>, as the two presidential hopefuls repeatedly accused each other of lying and clashed on the economy, January 6, abortion rights, Gaza, migration, and of course crowd sizes throughout the night.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump remained firm on his insistence that he won the 2020 election against Biden<\/strong>, going on to say that there was \u201cso much proof\u201d \u2014 conveniently without providing any. Doubling down, Trump alleged that Democrats were ferrying in undocumented migrants across the border to \u201cget them to vote.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Harris was keen to present Trump as a danger to democracy<\/strong>, telling the camera that the former president \u201cincited a violent mob to attack our nation's Capitol, to desecrate our nation\u2019s Capitol\u201d after being \u201cfired by 81 mn people.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cShe hates Israel. If she is president I believe that Israel will not exist in two years from<\/strong><strong> now,\u201d <\/strong>Trump argued, adding in Trumpian fashion that the war would have \u201cnever started\u201d if he were still in the White House.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The economy was also an important point of contention<\/strong>, with Harris accusing Trump of leaving the country with the \u201cworst unemployment since the Great Depression.\u201d Trump hit back with how she and Biden had handled inflation that has \u201cbeen a disaster for people, for the middle class, for every class.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>At points the debate got personal and verged on name-calling<\/strong>, with Harris telling Trump that world leaders described him as a \u201cdisgrace\u201d and Trump calling Harris \u201cthe worst vice-president in history.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Let the polls roll in: <\/strong>Prior to the debate, the two candidates appeared to be neck and neck for the US government\u2019s top job. In the coming days, we\u2019ll get more of a sense of how each candidate\u2019s performance played with potential voters, as the US presidential elections, only 54 days away, inch closer.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WHILE IN FINANCE NEWS- The US Federal Reserve has halved its proposed<\/strong><strong> increase in capital requirements for the US\u2019 biggest banks<\/strong> from 19% to 9%, the central bank\u2019s top regulator Michael Barr <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/86fd9a80-bf46-4711-ab33-e4dcbef5eeb4\" style=\"\" rel=\"noopener\">announced<\/a> yesterday. The lower increase represents a big win for the banking lobby, which has decried the capital requirement hike as damaging for the economy and potentially crimping lending since it was first proposed last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The \u201creproposal,\u201d as Barr has called it, will still introduce capital requirements related to<\/strong><strong> operational risk<\/strong> <strong>for banks with USD 250 bn in assets <\/strong>\u2014 one of the key <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-10\/fed-to-cut-big-banks-capital-hike-in-half-in-sweeping-overhaul?srnd=homepage-americas&amp;embedded-checkout=true\" style=\"\" rel=\"noopener\">targets<\/a> of banking sector lobbying efforts. Assessments of operational risk, however, will now exclude asset management and other of banks\u2019 biggest non-lending businesses. The new proposal has also nixed <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/us\/feds-barr-unveils-sweeping-bank-capital-plan-revisions-after-pushback-delays-2024-09-10\/\" style=\"\" rel=\"noopener\">provisions<\/a> that adjust capital requirements based on past operational losses, and has reduced risk weighting on certain kinds of financing deals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND ON THE OIL MARKETS- Oil futures reached near three-year lows yesterday<\/strong> after OPEC\u2019s downward revision of its demand forecasts for 2024 and 2025, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-steady-supply-disruptions-storm-francine-offset-weak-demand-2024-09-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures were down USD 2.65 or 3.69% yesterday to USD 69.19 at market\u2019s close. <\/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 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>Sharjah will host the inaugural Regional Data and Community Development Forum <\/strong><strong>on 9-10 October <\/strong>at Al Jawaher Reception and Convention Centre, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b53mflc-sharjah-host-inaugural-regional-data-and-community\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The two-day event will bring together over 100 global experts to explore data\u2019s impact on sectors like healthcare, education, and sustainability. The event will feature over 60 activities, including talks, panel discussions, and workshops, all aimed at exploring how data can foster development.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ijf.org\/competition\/2657\" style=\"\" rel=\"noopener\">Abu Dhabi Grand Slam Judo tournament<\/a><\/strong><strong> will take place from 10-13 October at <\/strong><strong>the Mubadala Arena<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b547umf-abu-dhabi-grand-slam-judo-host-worlds-top-teams\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The tournament will feature top national teams from the Paris 2024 Olympics, including France, Britain, and Mongolia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mubadalaabudhabiopen.com\/\" style=\"\" rel=\"noopener\">Mubadala Abu Dhabi Open<\/a><\/strong><strong> returns to the International Tennis Centre, Zayed Spor<\/strong><strong>ts City, from 1-8 February 2025.<\/strong> The WTA 500 event will feature 28 singles players and 16 doubles teams. <\/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: Opec+ cuts crude demand growth for 2024 and 2025<\/p>\n","protected":false},"author":1,"featured_media":95678,"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":[1392,1366,6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-95677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-ipo","tag-nmdc-energy","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"910a3721-dd94-4e53-ab0a-159ddc23236b","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/4\/851.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: NMDC Energy to debut on the ADX + Joby Aviation applies for operational license in UAE","related_issue":[95675],"teaser":"Plus: Opec+ cuts crude demand growth for 2024 and 2025","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.1e1eea1e-6633-4905-bedc-f2ea78e1b77d.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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