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Yahsat gets Dhs18.7bn mandate from UAE govt for 17 years Image WAM

UAE: Yahsat receives Dhs18.7bn govt mandate for satellite related services

This agreement increases the group’s contracted future revenues to Dhs25.7bn, over 16 times its 2022 annual revenues

Silal launches food tracking system powered by blockchain tech Image Silal X

Farm to fork: Abu Dhabi’s Silal launches blockchain-powered food tracking system

The traceability feature is accessible by scanning the QR code of a Silal Fresh product through the Silal App

Mohamed Abdalla Al Zaabi CEO of Miral announces the company's new CSR strategy 2023 image Miral

Miral to launch over 80 initiatives within 2 years under new CSR strategy

The company aims to create a transformational impact on the community through economic, social and environment initiatives that are aligned with UN SDGs

Egypt

UAE President Sheikh Mohamad bin Zayed meets Egyptian President

The meeting reviewed the UAE’s upcoming hosting of the COP28 and the need for advancing collective climate action

ABu Dhabi Airports live test at Terminal A image courtesy WAM

Abu Dhabi Airports preps for Terminal A opening with largest live trial

Terminal A has the capability to handle 45 million passengers per year, and process 11,000 passengers per hour

Lunate at ADGM

Chimera launches Lunate, an alternative investment management firm with over $50bn in AUM

It has been structured to provide comprehensive multi-asset class investment solutions for a diverse clientele

Abu Dhabi’s ADGM posts robust growth in H1 2023

Abu Dhabi’s ADGM posts robust growth in H1 2023

The financial hub said a total of 102 asset managers, comprising investment firms and hedge funds, have set up shop in the city

Etihad, Tawazun, GE partner to advance flight safety

Etihad Airways, Tawazun Council, GE partner to advance flight safety

The project will extend GE Aerospace’s development and leadership training programmes to UAE Nationals at Etihad Airways

Sagard grows global presence with Abu Dhabi office

Canada’s Sagard expands global footprint with Abu Dhabi office

The regional office will be led by Firas Mallah, managing director and head of the Middle East

Hub71 RemotePass partner to help SMEs Image Hub71

Abu Dhabi: Hub71, RemotePass partner to support startups with HR needs

A Hub71 startup since 2020, Remotepass has successfully scaled its business to become a key partner of the ecosystem

brand ambassador Etihad

This Bollywood icon is the new brand ambassador of Etihad

The partnership builds on Katrina Kaif’s collaboration with Etihad in 2010 when she was featured as a discerning traveller showcasing the carrier’s travel experience

Mubadala allots $1bn to Blue Owl Capital’s credit platform

Mubadala commits $1bn to Blue Owl Capital’s credit platform

The investment will initially focus on providing financing for technology and software companies

Spartan endurance race returns to Abu Dhabi

Spartan World Championship returns to Abu Dhabi; here are more details

Set in Abu Dhabi’s Al Wathba area for the second year, the race will be held from December 8-10

Aldar Estates acquires FAB Properties Image Aldar

Abu Dhabi: Aldar Estates expands portfolio, acquires FAB Properties

The move will see Aldar Estates integrate a property management portfolio of 22,000 residential units across 600 properties within its platform

IIT-Delhi to open campus in UAE IIT Director Image courtesy WAM

Indian Institute Of Technology Delhi to open campus in UAE

IIT Delhi’s Abu Dhabi campus will offer computer science, artificial intelligence, energy and sustainability, healthcare and research programmes

Abu Dhabi’s ICON unveils new brand identity

ICON set to launch new brand identity, opens office in Saudi Arabia

The new brand identity is designed to reflect the innovative company’s global vision

G20

G20 summit: UAE, Saudi Arabia, India, US announce historic trade corridor deal

The UAE, Saudi Arabia, India, EU, US and other G20 partners agreed to explore a shipping corridor project to augment trade between Europe and Indian subcontinent

Road closure-Abu Dhabi

Abu Dhabi’s Sheikh Zayed bin Sultan road to be partially closed on these dates

The centre called on motorists to drive cautiously and adhere to traffic rules during the road closure

Etihad significantly expands codeshare with Air France-KLM (Image: Supplied by Etihad)

Etihad significantly expands codeshare with Air France-KLM

More than 40 new routes were made available for booking immediately

TAQA lists dual-tranche bonds worth $1.5bn on ADX

Abu Dhabi’s TAQA lists $1.5bn dual-tranche bonds on ADX

The order book was nearly 10 times oversubscribed at the time of issuance in April, with investors placing total orders of more than $15bn

ADNOC Gas signs multimillion LNG supply deal with PetroChina

ADNOC Gas signs multimillion LNG supply deal with PetroChina

The deal follows several significant international LNG sales agreements, including India Oil Corporation

UAE-EU MEET

EU Commission President Ursula von der Leyen meets President Sheikh Mohamed bin Zayed

The meeting looked at various aspects of UAE-EU relationship as well as future opportunities for collaboration

ADNOC Group to invest in Habshan carbon capture

UAE’s ADNOC Group to invest in Habshan carbon capture

The project will triple the company’s carbon capture capacity to 2.3 million tonnes per annum

Air Arabia

Air Arabia launches three weekly flights to Sri Lanka from Abu Dhabi

The new direct flights will connect Abu Dhabi International Airport to Bandaranaike International Airport starting January 2024

Abu Dhabi Media Office - mangrove

UAE to plant 10 mangrove trees for every COP28 visitor

Mangroves will be planted during the last quarter of this year using innovative methods such as drone dispersal

Road closure-Abu Dhabi

Abu Dhabi: Road closure on Sheikh Zayed bin Sultan Street

This road closure will come into effect on August 31 and will be in place until September 4

Borouge

Borouge shareholders approve multimillion dollar dividend

The interim dividend will be paid to shareholders who have purchased Borouge shares as of September 7

Aldar

Gardenia Bay: Aldar launches new Yas Island residential community

The development will feature monitoring meters to reduce energy, water, and waste consumption with an aim to achieve a Pearl 3 Estidama rating

Tabreed UAE

Tabreed named preferred bidder for one of India’s largest district cooling projects in Hyderabad

Tabreed was selected by the state government’s infrastructure development arm to provide district cooling services to Hyderabad Pharma City

Air Arabia

Air Arabia Abu Dhabi to launch new flight to this city in Iran

The service to Lar will commence on September 14