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<\/a><\/p>\nThe EnterpriseAM Egypt Forum is back \u2014 and we\u2019re devoting the full day to the singular set of questions on everyone\u2019s mind: What does AI actually mean for your company, your people, your economy, your own job \u2014 and your kids\u2019 future?<\/p>\n
Every session on stage answers one question: \u201cSo, what do I actually do about it?\u201d<\/p>\n
Join us on 5 October in Cairo. Seats are limited and attendance is by invitation only.<\/p>\n
Request your invitation here<\/a>.<\/p>\n The Hormuz workaround\u2019s newest investor?<\/p>\n TotalEnergies is putting its own capital behind the UAE\u2019s Hormuz bypass. The French energy giant is set to invest in expanding Abu Dhabi\u2019s export pipeline capacity through Fujairah, as the UAE works to roughly double the amount of crude it can move to the Gulf of Oman without crossing Hormuz, Reuters<\/a> cites TotalEnergies CEO Patrick Pouyanne as saying at a Norwegian energy conference on Monday.<\/p>\n What we know: The existing Habshan-Fujairah pipeline can currently carry up to 1.8 mn bbl \/ d<\/a>. Adnoc is currently accelerating work on a second pipeline to Fujairah that it says was already 50% complete in May, targeting its delivery in 2027. The additional line would add around 1.5 mn bbl \/ d<\/a>, lifting the UAE\u2019s bypass capacity to roughly 3.3 mn bbl \/ d. It\u2019s not clear if TotalEnergies would invest in the new pipeline or a different expansion.<\/p>\n Watts to come<\/p>\n Abu Dhabi is planning to double its installed power capacity \u2014 from 25 GW today to 50 GW by 2050 \u2014 as population growth, economic expansion, and AI-driven data-center demand reshape the emirate’s energy math, Abu Dhabi Department of Energy Director General for Regulatory Affairs Abdulaziz Alobaidli told The National<\/a>. The forecast tracks IEA projections, and more than AED 300 bn is earmarked for generation, transmission, and distribution to get there.<\/p>\n Renewables will carry most of that growth: Their share of the generation mix is set to rise from 45% to 60% within five years<\/a> \u2014 a steep climb for a grid built on gas, and one that puts Abu Dhabi’s clean-energy timeline ahead of where most Gulf peers are today.<\/p>\n PSAs<\/p>\n #1- Two sports announcements this week are giving us hope that the region’s event calendar is filling back up again. F1 confirmed<\/a> over the weekend that its season will end exactly where it was always supposed to \u2014 Yas Marina on 6 December, with Qatar the week before on 29 November \u2014 after March’s cancellations in Bahrain and Saudi left the back half of the calendar looking distinctly wobbly. \u201cThe calendar is confirmed, and we stay focused on delivering the calendar we promised at the beginning of the year,\u201d Formula 1 CEO Stefano Domenicali said. Abu Dhabi is down to limited ticket availability, with an entertainment lineup that includes Andrea Bocelli, Lewis Capaldi, Zara Larsson, and Imagine Dragons.<\/p>\n Separately, Abu Dhabi will host the league’s inaugural Basketball SuperCup on 18-19 September at Etihad Arena, bringing Olympiacos, Fenerbahce, Real Madrid, and Dubai Basketball together for the four-team season opener, state news agency Wam<\/a> reports. That\u2019s just months after the NBA shelved<\/a> preseason games in Abu Dhabi and Doha over the regional conflict, though the league said at the time games would return to the UAE eventually.<\/p>\n #2- Emirates is gradually restoring Gulf services after weeks of disruption \u2014 though at reduced capacity. The airline has resumed one daily Dubai-Kuwait flight, down from four previously, and one daily Bahrain service, down from three, The National<\/a> reports. The carrier extended select cancellations to both destinations in July<\/a> as regional hostilities disrupted Gulf air travel.<\/p>\n Still flying high: The reduced Gulf schedule hasn\u2019t knocked Emirates off the top spot globally. The carrier ranked first for international capacity in August with more than 31.1 bn available seat kilometers, around 21% ahead of Ryanair, even as capacity fell 5.4% y-o-y amid regional disruption, according to OAG data<\/a>.<\/p>\n WEATHER- The mercury is rising to 44\u00b0C in Abu Dhabi and 43\u00b0C in Dubai today, with the capital seeing a low of 32\u00b0C and Dubai seeing a low of 34\u00b0C, according to our favorite weather app.<\/p>\n Destination Sahel Issue IV, the final issue in the series, drops this week, and we\u2019re exploring how Egypt\u2019s North Coast could become more than a summer story.<\/p>\n Living in Sahel year-round is moving from a seasonal idea to a serious question; an industrial push is reshaping the Coast\u2019s economic base, and Egyptian homebuyers are weighing Sahel against Dubai, London, and other Mediterranean markets for where to put their money.<\/p>\n In this issue, we get into what it would take for Sahel to work beyond the summer, how industry fits into the Coast\u2019s next chapter, and the numbers behind the Sahel-vs-everywhere debate.<\/p>\n Click here to subscribe to the Egypt edition<\/a>, coming straight to your inbox tomorrow.<\/p>\n The big story abroad<\/p>\n Washington has announced its latest attempt to squeeze Iran\u2019s economy. Operation Economic Outcast<\/a> includes sanctioning more than 60 entities, individuals, and vessels on a global level. Secondary sanctions may target entities doing business with Iran across several sectors, Treasury Secretary Scott Bessent said, warning Tehran\u2019s trade partners to sever ties or face being expelled from the USD-based financial system.<\/p>\n Iran\u2019s response? Tehran threatened military action and further cuts to Gulf oil exports before the US sanctions announcement, but Economy Minister Ali Madanizadeh later said<\/a> the country was \u201cfully prepared.\u201d An IRGC spokesperson warned Iran would strike US vital interests and energy chokepoints if its infrastructure is threatened.<\/p>\n Washington\u2019s ire toward Ottawa is also making waves, as US President Donald Trump threatened<\/a> to raise tariffs on Canadian cars to 50% by 1 January and lock existing steel levies at the same rate. Last-minute trade talks collapsed over the weekend, triggering a new wave of US tariffs on USD 20 bn worth of Canadian goods and reigniting a trade war between the two nations.<\/p>\n A hedge fund under the microscope: The US Securities and Exchange Commission subpoenaed<\/a> major Wall Street banks over trading activity at AI-focused hedge fund Situation Awareness. The fund narrowly avoided collapse after last month\u2019s tech sell-off by selling the majority of its holdings to Citadel \u2014 a US hedge fund \u2014 in just 24 hours. The regulator will look into the timing of trades between Situation Awareness and its lenders, including Goldman Sachs, JPMorgan, Citigroup, and Bank of America.<\/p>\n \n Get Enterprise daily\n<\/p>\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> <\/p>\n ***<\/p>\n You\u2019re reading EnterpriseAM UAE, 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 EnterpriseAM UAE is available without charge thanks to the generous support of our friends at Mashreq and Hassan Allam Properties.<\/p>\n Were you forwarded this email? Tap or click here<\/a> to get your own copy of EnterpriseAM UAE.<\/p>\n Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on [email\u00a0protected]<\/a>.<\/p>\n DID YOU KNOW that we also cover Egypt<\/a>, Saudi Arabia<\/a>, and the MENA logistics<\/a> industry?<\/p>\n ***<\/p>\n Check out our full calendar on the web for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n \n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"Good morning, friends. The dominant theme in today\u2019s issue: everyone\u2019s building outward. Gems is delivering 5k new school…\n","protected":false},"author":2,"featured_media":69292,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12699],"tags":[326,2090,544,4461,5726,30278],"class_list":["post-69291","post","type-post","status-publish","format-standard","has-post-thumbnail","category-totalenergies","tag-aviation","tag-emirates","tag-energy","tag-oil-and-gas","tag-totalenergies","tag-what-were-tracking-today"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/69291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=69291"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/69291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/69292"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=69291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=69291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=69291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![](\"https:\/\/www.europesays.com\/france\/wp-content\/uploads\/2026\/08\/202.jpg\"\/)
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