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Abu Dhabi’s ADQ, Canada’s BMO to acquire minority stakes in Sagard

ADQ, Canada’s Bank of Montreal to acquire minority stakes in Sagard

The transaction is expected to close in the third quarter, subject to regulatory approvals

EDGE expands portfolio with acquisition of Oryxlabs

EDGE expands portfolio with acquisition of Oryxlabs

The acquisition is expected to elevate the defence group’s portfolio of advanced technology solutions

Wio Bank, ADX partner to enable instant, digital IPO subscriptions

Wio Bank, ADX partner to enable instant, digital IPO subscriptions

The bank allows its customers to digitally create an investor number on the Abu Dhabi bourse and apply for IPO subscriptions

Abu Dhabi Global Market introduces Sustainable Finance Regulatory Framework Image ADGM

Abu Dhabi Global Market introduces regulatory framework for sustainable finance

The framework complements ADGM’s existing regulation of carbon offsets, facilitating the establishment of the world’s first regulated carbon offsets exchange and clearing house

Aldar, IHC, ADNEC merge property, facilities management

Aldar, IHC, ADNEC merge property, facilities mgmt assets

The merger adds considerable weight to Aldar Estates, taking its portfolio of residential units under management to approximately 135,000

ADNOC awards Petrofac $700m contract for gas project

ADNOC awards $700m contract for gas compressor plant

The new gas compressor plant is expected to substantially increase ADNOC’s gas output from the Habshan Complex

Guests Enjoying Eid Al Adha Fireworks Image DCT Abu Dhabi

Eid Al Adha 2023: Watch fireworks for free in Dubai, Abu Dhabi at these places

Eid Al Adha fireworks are being staged across Dubai and Abu Dhabi, with some locations featuring firework displays for up to five nights

bu Dhabi GDP growth in Q1 2023 GettyImages-1316754718

Abu Dhabi GDP shows 3.9% growth in Q1 2023: SCAD

According to SCAD estimates, Abu Dhabi’s non-oil GDP (at constant prices) surpassed the highest quarterly value of the past nine years, reaching Dhs146bn in Q1 2023

ADNOC Drilling secures $2bn offshore jack-up contracts

ADNOC Drilling secures $2bn offshore jack-up contracts

The drilling company said the awarding of the contracts follows more than $11.5bn in long-term contracts announced since the beginning of 2022

free toll and parking

Abu Dhabi announces free parking, no toll charges for Eid Al Adha 2023 holidays

There will be no parking fees and toll charges during the four days of Eid Al Adha holidays

Abu Dhabi

Abu Dhabi Summer Shopping Season features special Eid Al Adha deals, events

Abu Dhabi has a full calendar of experiences through the Eid Al Adha holidays and the following summer weeks

Tom Cruise jets into Abu Dhabi’s new Midfield Terminal

Tom Cruise flies into Abu Dhabi for Mission: Impossible 7 premiere

The star of the highly anticipated seventh instalment of the Mission: Impossible franchise arrived on the first flight into Abu Dhabi’s Midfield Terminal

AD Ports Group creates Khalifa Port drydocks

UAE’s AD Ports Group, Premier Marine form drydocks JV

The hub will be operated by SAFEEN Drydocks and will be fully equipped to accommodate a range of vessels

M42 and the Butterfly to empower people of determination

Abu Dhabi’s M42, The Butterfly partner to empower people of determination

The collaboration aims to foster a more inclusive ecosystem for people of determination in Abu Dhabi

abu dhabi dark sky

Abu Dhabi targets 24 million tourists for 2023

Abu Dhabi plans to build on its destination offering for international tourists from cultural and heritage venues to state-of-the-art theme parks

Yas Mall

Eid Al Adha 2023: Abu Dhabi extends mall timings for shoppers

The initiative will allow shoppers to enjoy longer mall opening hours throughout the week

15 cool startups joining hub71 in 2023 as part of its first cohort Image Hub71

These 15 innovative startups are set to join Abu Dhabi’s Hub71 this year

The startups, part of Hub71’s first cohort of the year, originate from the UAE, US, New Zealand, Egypt, the Netherlands and the UK

Partial road closure announced from June 24 to 26 on this road Image Getty Images

Abu Dhabi: Partial road closure announced on this road from June 24-26

The Integrated Transport Centre also announced the opening of new signalled intersection on Shakhbout Bin Sultan Street – Al Ain

LAMAR RESIDENCES

Abu Dhabi real estate deal: Lamar Residences bought by Ethmar Group

Lamar Residences is a large-scale residential project located on Al Raha Beach in Abu Dhabi

Nio

Abu Dhabi to take 7% stake in Chinese electric vehicle maker Nio

CYVN Holdings, an investment entity controlled by Abu Dhabi, agreed to buy about 85 million newly issued Class A shares for $738.5m in cash, or $8.72 apiece

Wizz Air Abu Dhabi Cairo

Wizz Air adds 10th aircraft, introduces direct flights between Abu Dhabi and Cairo

The flights will operate on Wednesday and Sunday, starting November 1

speed limit

Abu Dhabi: Partial lane closure, new speed limits on Al Saada Street Bridge

Abu Dhabi’s Integrated Transport Centre has announced the partial lane closure and speed limits will remain in place until the end of the year

Republic of the Congo

AD Ports Group to develop Republic of the Congo multipurpose terminal in 30-year agreement

AD Ports will hold exclusive rights to invest in and oversee the development, operation, management and maintenance of the New East Mole Port

traffic fine

Abu Dhabi: New traffic rules for delivery drivers

Delivery motorcyclists have been banned from using the fast lanes in Abu Dhabi to reduce traffic violations

Etihad Airways

Etihad Airways launches direct flights from Abu Dhabi to Lisbon

The new service will be operated using a Boeing 787-9 Dreamliner aircraft, offering 28 seats in Business and 262 seats in Economy

Princeton Digital Group

Princeton Digital Group, Tata Power join forces for renewable energy supply to Indian data centre

The partnership aims to provide eco-friendly electricity to PDG’s data centre in Mumbai for a period of 25 years

Valeo and ADDED mobility deal

ADDED inks deal with Valeo to boost Abu Dhabi’s automotive sector

The deal is expected to enhance smart and sustainable mobility in Abu Dhabi, and contribute to the development of the city’s transport sector

Veolia-led consortium secures funding for hazardous waste treatment plant

Veolia-led consortium secures funding for hazardous waste treatment plant

Veolia will lead the waste management operations, leveraging its comprehensive expertise in hazardous waste treatment chain

Modon Properties Al Hudayriyat Island image credit Modon Properties

Abu Dhabi unveils masterplan for Al Hudayriyat Island project

Over the next 18 months, Modon Properties will be focusing on the construction of enabling infrastructure for Phase 1 in line with the project’s approved plan

Zayed Naional Museum announces Dhs1m fund to support reseacrh into UAE culture Image DCT Abu Dhabi Zayed National Museum

New Dhs1m research fund launched, supports study of UAE history, culture

Applications will be reviewed by a panel compromising representatives from Zayed National Museum and the Department of Culture and Tourism – Abu Dhabi