#Abu Dhabi

TII unveils its Falcon 40B

Abu Dhabi’s TII unveils its Falcon 40B AI model open source

Falcon 40B is a foundational large language model with 40 billion parameters and trained on one trillion tokens

Google

Google teams up with UAE organisations for AI research and sustainability initiatives

The announcement was made during an event at the MBZUAI campus, where Google introduced three significant initiatives

Healthcare facilities

Abu Dhabi temporarily closes two healthcare facilities over several violations

The violations include failure to adhere to safety procedures, use of expired materials and tools, and non-compliance with the standards for medical waste disposal

SeaWorld Yas Island underwater Zoo

SeaWorld Yas Abu Dhabi opens with a star-studded event

The park is home to inspiring entertainment, exciting rides and attractions as well as unmatched dining and shopping experiences

UAE Weather rain

UAE weather: Rain hits parts of the country; Orange alert raised

Residents are advised to take precautions and avoid flooded areas for their safety

Golf Digest Middle East

Golf Digest Middle East’s Play & Stay returns – this time at the top venues on Abu Dhabi’s Yas Island

Following the successful inaugural edition in Dubai, Golf Digest Middle East Play & Stay — in association with Viya Golf — is back and it’s bigger and better

Etihad Airways

Etihad Airways announces new route to Japan

The introduction of this route will support the growing trade and tourism ties between the countries and add to Etihad’s existing Tokyo service

ADNOC L&S IPO

ADNOC L&S sets IPO price range, seeks to raise $607m

The company expects the final offer price to be announced on May 26, after the book-building process

Etihad is offering discounted fares to Rome, among other destinations. (Image: Supplied by Etihad Airways)

Etihad Airways sale: Summer discounts announced on flights from Abu Dhabi

The airline is offering special fares to select destinations across its Asian, European, Middle Eastern and North American routes

AD Ports Group Khalifa Port

AD Ports Group’s first-quarter revenue jumps by 73%

The shipping and logistics group’s revenue in the first three months of the year reached Dhs1.81bn from Dhs1.04 a year earlier

TAQA Group CEO and managing director Jasim Husain Thabet

UAE’s TAQA Group posts $3.2bn in Q1 net income

The Abu Dhabi-listed firm said its revenues jumped 6 per cent in Q1 2023 to Dhs13.14bn, bolstered by higher bulk supply tariffs and transmission charges

lights

Abu Dhabi introduces traffic warning lights to alert drivers

The system, which aims to enhance road safety across the emirate, uses coloured lights to alert drivers of upcoming traffic incidents and adverse weather conditions

Oracle

Middle Eastern governments have prioritised and fast-tracked the innovation agenda: Oracle

In a exclusive interview, Richard Smith, Oracle’s executive vice president for Technology in EMEA, sheds light on the region’s rapid advancement of innovation initiatives

ADNOC Logistics shares will begin trading June 1

ADNOC to sell 15% stake in logistics unit in Abu Dhabi IPO

The share sale comes just a few months after state-owned ADNOC raised $2.5bn in the listing of its gas business

Burjeel Holdings

Burjeel Holdings’ Q1 2023 profit surges 43.4% to Dhs121.3m

The healthcare services provider said its revenues surged by 11.6 per cent year-on-year to Dhs1.1bn in the first quarter of 2023

PureHealth, Ardent deal

PureHealth closes acquisition of Dhs1.8bn stake in Ardent Health

The completion of the transaction is expected to further strengthen PureHealth’s vision towards becoming a leading global player in healthcare

Abu Dhabi 2022 GDP

Abu Dhabi economy grows 9.3% in 2022 on non-oil activities boost

The city’s non-oil sectors witnessed significant growth of Dhs43bn in 2022 and contributed 50 per cent to the overall GDP

ADAFSA

Abu Dhabi Agriculture and Food Safety Authority, Hub71 partner to develop agtech innovations

Both entities will work to address the challenges faced by the agtech sector by connecting businesses with startups offering technology-based solutions

ADGM to expand jurisdiction May 2023

ADGM Financial District to expand, making it one among world’s largest financial centres

The UAE Cabinet’s resolution has expanded ADGM’s jurisdiction to Al Reem island in addition to Al Maryah island

UAE booming tourism sector

Soaring tourism numbers bolster UAE’s economy

UAE’s tourism sector defies odds to attract record tourist numbers over the past year

Mubadala, ADIB deal

Mubadala offloads 7.6% ADIB stake to National Holding

The state investor said the deal is in line with its strategy to create long-term value by optimising a global portfolio of investments

Oracle

Oracle signs multiple partnerships at CloudWorld Tour Abu Dhabi

The Oracle CloudWorld Tour is the company’s annual event that showcases the latest innovations in cloud infrastructure, databases and applications across diverse industries

Emirates, Etihad partnership

Travel to UAE on a single booking: Emirates, Etihad Airways strengthen cooperation

Customers of each airline from this summer can buy a single ticket into either Dubai or Abu Dhabi, and return via the other airport

Jordan Tourism Board

ATM 2023: DCT Abu Dhabi, Jordan Tourism Board sign MoU

The MoU represents a one-year agreement to strengthen tourism and economic cooperation and build dual-destination awareness to drive incremental leisure traffic

Drydock

AD Ports Group to expand Khalifa Port with drydock services

With this expansion, Khalifa Port will expand its range of port and marine logistics services, from container and cargo handling to vessel repairs and maintenance

Aldar Properties group CEO Talal Al Dhiyebi

Abu Dhabi’s Aldar Properties posts 22% jump in Q1 2023 profit

The developer said its revenue backlog hit a record Dhs18.8bn, which provides visibility over the next two to three years

787 Dreamliner

ATM 2023: Etihad unveils new 787 Dreamliner seats

The Boeing 787 aircraft is the first in the world to offer the Elements seat

Etihad Cargo

Etihad Cargo bolsters presence in China with fourth gateway destination

The airline currently offers five passenger flights to Shanghai, Beijing Daxing and Guangzhou each week

AD Ports Group strengthens fleet

AD Ports Group bolsters its fleet with Dhs955m investment

The acquisition of the new vessels is part of the company’s expansion strategy that is aimed at broadening its portfolio of services

electric aircraft

Abu Dhabi to launch first sustainable electric aircraft manufacturing facility in MENA

Monarch Holding and EHang Holdings have signed a partnership agreement to establish the facility in the region