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UAE climate Tech announced dr-sultan-ahmed-al-jaber-COP28-president-designate

UAE Climate Tech: MoIAT to host ‘first-of-its-kind’ forum with ADNOC, Masdar

Ahead of COP28, the forum will explore innovations and economic opportunities supporting global efforts to net zero emissions by 2050

Robert Yordi of Seaworld

Yas SeaWorld Research & Rescue’s Rob Yordi shares the centre’s role in the region

The general curator of SeaWorld Abu Dhabi and Yas SeaWorld Research & Rescue tells us how the centre will enable marine conservation and build a strong regional rescue network

labour disputed drop in Abu Dhabi by 40 per cent Abu Dhabi Judicial Department photo WAM

Abu Dhabi sees 40% drop in labour dispute cases

The decline in labour cases reflects the success of the Abu Dhabi Judicial Department’s campaigns to raise awareness of the legal rights of employees

Abu Dhabi unveils fund to boost tourism

Abu Dhabi launches fund to boost business tourism

The fund aims to boost business-to-business events, provide financial support and incentives to event organisers and agencies

Abu Dhabi announces new speed limits

Abu Dhabi: Speed limit on Sheikh Mohammed bin Rashid Road starts from May 1

Motorists driving below 120km/h on the first two lanes of the four-lane highway will be fined Dhs400

Aldar and Mubadala to work on developing Al Maryah Island Photo

Aldar Properties, Mubadala to jointly develop commercial tower on Al Maryah Island

Upon completion of the initial office tower’s construction, which is expected by the end of 2026, the property will be managed by Aldar Investment

Sheikh Mohamed-bin-Zayed of Abu Dhabi -e1652520014895

UAE President names new Vice President, Crown Prince of Abu Dhabi

Sheikh Mansour Bin Zayed Al Nahyan will serve as UAE Vice President alongside Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister, and Ruler of Dubai

Presight AI debuts on ADX

Presight AI surges 176% in Abu Dhabi debut after $496m IPO

The data analytics firm’s shares shot up as much as 176 per cent to Dhs3.70 compared to the IPO price of Dhs1.34 apiece

Aldar unveils the Source

UAE’s Aldar Properties unveils homes dedicated to health and wellbeing

Construction of the project is set to start in the last quarter of 2023, with handovers projected for Q3 2026

shipping service

AD Ports Group introduces new shipping service to Kuwait

The service aims to improve commercial connectivity and facilitates trade with Kuwait

ADQ AgTech Park commences operations with vertical farming project

ADQ’s AgTech Park begins operations, launches vertical farming project

At full scale, the 200-hectare AgTech Park will target production volumes of over 40 kilotonnes of fresh fruits and vegetables annually

Mubadala Building jv with Ares.

Mubadala, Ares create $1bn JV to invest in credit secondaries

The venture represents a key milestone for both organisations and will enhance Mubadala’s positioning within the secondaries credit market

President Mohamed talks to President Assad

UAE President receives Syria’s Bashar al-Assad

The UAE President drew attention to the need to make all available efforts to facilitate the return of Syrian refugees with dignity to their country

Al Masar Park in Abu Dhabi

Abu Dhabi unveils new park in Khalifa City

Al Masar Park has a 2.1-kilometre jogging track and features 2,841 trees, 58,000 shrubs, and ground-cover plants

Abu Dhabi’s Etihad announces flash sale, offers 20% discount

Abu Dhabi’s Etihad announces flash sale, offers up to 20% discount

The promotion is valid on return and one-way journeys on Etihad-operated flights booked on the carrier’s website

Abu Dhabi foster innovation

Abu Dhabi expands patent service to foster innovation

Financial aid for all supported businesses will increase by up to 30 per cent to help inventors during the critical invention phase

Air Arabia Abu Dhabi launches flight to Amman

Air Arabia Abu Dhabi marks inaugural flight to Amman

The new direct flights will connect Abu Dhabi International Airport to Queen Alia International Airport in Amman with a frequency of three flights weekly

Emtelle, KEZAD ink build to suit deal with

UK’s Emtelle, KEZAD Group join hands to build $50m manufacturing facility

The production facility will be located on a 48,000 sqm land plot that will be leased under a build-to-suit agreement with KEZAD

ADQ, IHC to create MENA's largest independent investment manager

ADQ, IHC to create MENA’s largest independent investment manager

The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities

IPO

Abu Dhabi says there’s more to come after year’s biggest IPO

A total of five IPOs in Abu Dhabi raised $5.37bn last year with state-related entities dominating the listings

Alpha Dhabi FY 2022

UAE’s Alpha Dhabi sees net profit rise by 104% to Dhs10.6bn

The holding company’s revenue witnessed significant growth, reaching Dhs40bn, which represents an increase of 114 per cent year-on-year

Abu Dhabi records Dhs77.6bn in real estate transactions in 2022

Abu Dhabi records Dhs77.6bn in real estate transactions in 2022

The emirate’s real estate sector recorded 9,010 sales transactions valued at Dhs23.5bn

Air Arabia Abu Dhabi to begin direct flights to Baku

Air Arabia Abu Dhabi to begin direct flights to Baku from Sept 13

The service will connect Abu Dhabi International Airport to Heydar Aliyev International Airport

FAB facilitated over $9bn in sustainable projects

UAE’s FAB facilitated over $9bn in sustainable projects in 2022

More than half of FAB’s bond issuances in 2022 were in a ‘green’ format, with the bank aiming to further grow its range of sustainable offerings

e& increase stake in Vodafone Group

UAE’s e& raises stake to 14% in Vodafone

The telecom operator, which initially acquired a 9.8 per cent stake in Vodafone for $4.4bn in May 2022, said its investment rationale remains unchanged

DCT Abu Dhabi signs MoYU with Inpex fpr teamlab Phenomena Abu Dhabi sponsorship

TeamLab Phenomena Abu Dhabi receives ¥1bn in sponsorship deal from Japan’s Inpex Corporation

The Department of Culture and Tourism – Abu Dhabi has signed an MoU with Inpex subsidiary, Japan Oil Development, for the sponsorship deal for teamLab Phenomena Abu Dhabi

ADNOC- Gas IPO

ADNOC Gas eyes $2bn from world’s biggest IPO this year

ADNOC is selling a 4 per cent stake in ADNOC Gas, with each of the 3.07 billion shares being offered at between Dhs2.25 and 2.43

Abu Dhabi Fund _photo courtesy WAM Wam

How Abu Dhabi Fund’s first development project in Nigeria will serve the community

The project is expected to stimulate commercial activities and improve transport links between the main cities in the country

Air Arabia Abu Dhabi

Air Arabia Abu Dhabi to launch direct flights to these Iraqi cities

The carrier currently serves a total of 31 destinations from Abu Dhabi International Airport

Emirates Palace

Abu Dhabi’s Emirates Palace Hotel gets a new name

The beachfront property has been officially rebranded, and includes the region’s first vegan rooms