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How NBA is deepening connections with Middle East basketball fans

How NBA is deepening connections with Middle East basketball fans

The VP and head of Fan Engagement and Direct-to-Consumer at NBA Europe and Middle East, shares the strategy and vision driving NBA’s expansion into Abu Dhabi and its presence in the region

EasyLease Acquires Majority Stake in Gallega Global Logistics

IHC’s EasyLease acquires majority stake in Gallega Global Logistics

Gallega Global Logistics is known for its supply chain solutions across sectors such as automotive, industrial, FMCG, healthcare, and retail

David Heard, a pioneer of Abu Dhabi’s oil industry, passes away at 85

Heard’s career saw him rise to become a representative of Abu Dhabi Petroleum Company (ADPC) to the UAE government and later an advisor to the Supreme Petroleum Council (SPC).

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

The sale includes nine GEnx engines for the Boeing 787 aircraft and five GP7200 engines for the Airbus A380

Aldar Mandarin Oriental partner to bring exclusive branded residences to Saadiyat Island

Mandarin Oriental to bring exclusive branded residences to UAE capital

Abu Dhabi’s first Mandarin Oriental Residences will be situated in Saadiyat Cultural District among world-class museums, fine dining and entertainment venues

Masdar, Iberdrola complete Baltic Eagle wind farm turbine installation

Masdar, Iberdrola complete Baltic Eagle wind farm turbine installation

The wind farm will have an anticipated annual production capacity of 1.9 terawatt-hours (TWh), enough to meet energy demands of 475,000 homes

FAB announces robust results for Jan-sept 2024

Abu Dhabi: FAB reports Dhs12.9bn in net profit for Jan-Sept ’24

The bank’s total assets surged to Dhs1.2tn, reflecting a 5 per cent growth over last year

Abu Dhabi’s Masdar, Presight to develop AI asset management tool

Abu Dhabi’s Masdar, Presight to develop AI asset management tool

By developing an AI-based asset management tool, Masdar seeks to digitise its operations worldwide, moving from a reactive model to a predictive approach

One Maryah Place

 Aldar Properties, Mubadala break ground on One Maryah Place

Upon completion, the development will be integrated into Aldar’s Investment Properties portfolio, which holds Dhs27bn worth of income-generating real estate assets

Adnoc L&S signs &250m contract for VLACs Image DNOC L&S for illustrative purposes

ADNOC L&S JV inks deal worth $250m for mega ammonia carriers

The partnership reflects ADNOC L&S’s ongoing role in supporting the energy transition, while also fostering robust industrial collaborations between the UAE and China

Abu Dhabi’s Modon, Candy Capital form luxury real estate JV

Abu Dhabi’s Modon, Candy Capital form luxury real estate JV

The joint venture will build on Modon’s development pipeline as well as sites currently owned by Candy

How Irfan Tansel is fuelling Al Masaood’s innovative spirit

Driving the future: Irfan Tansel on why innovation can’t slow down

The CEO believes the future of the automotive industry depends on its ability to deliver cutting-edge mobility solutions through innovation, diversification, and technological adaptation

ADNH Catering sets IPO price range, seeks to raise Dhs864m

ADNH Catering eyes serving up Dhs864m in IPO offering

The indicative share price of Dhs0.91 and Dhs0.96 per share implies a market valuation of around $588m at the top of the range

TAQA prices $1.75bn dual-tranche bond offering, includes green bond

TAQA prices $1.75bn dual-tranche bond offering, includes green bond

The company has now secured a total of $1.85bn in green financing since 2023, supporting its ongoing decarbonisation efforts and expansion of its low-carbon energy portfolio

Abu Dhabi fund ADQ, EQTY Lab team up to launch ClimateGPT

ClimateGPT: Abu Dhabi’s ADQ, EQTY Lab team up to launch new tool

The initiative aims to build trust and accountability in ADQ’s AI implementations and drive transformation across its portfolio

Azizi developments to set up 12 factories in KEZAD-Warehouses Image Kezad For illustrative purposes

Azizi Developments to invest Dhs1bn to build new factories at KEZAD

The factories, spanning 220,000 square metres, will produce essential equipment and parts for the real estate sector

Abu Dhabi's family offices are key contributors to the emirate's economy GettyImages-1239915485

How family offices are driving growth, diversification in Abu Dhabi

Family offices, in partnership with the public sector, will remain at the heart of the growth and transformation being seen in the emirate, as it continues to thrive across key industries and beyond

OpenAI secures $6.6bn investment from Abu Dhabi’s MGX, Nvidia

OpenAI secures $6.6bn investment from UAE’s MGX, Nvidia

The company’s valuation has risen from $14bn in 2021 to $157bn as it grew revenue from zero to $3.6bn

Abu Dhabi’s non-oil economy grew 6.6% in Q2 2024

Abu Dhabi’s non-oil GDP surges by 6.6% in Q2 2024

The finance and insurance sector registered a record 13.4 per cent growth in Q2 2024, contributing 7.4 per cent to the GDP

Zayed international Airport's Northern Runway reopens Image WAM Abu Dhabi Airports

Upgraded Northern Runway at Zayed International Airport reopens

The reopening of the Northern Runway will allow Zayed International Airport to more effectively manage increasing airline demand

Abu Dhabi’s ADNH Catering plans to list 40% on local bourse

Abu Dhabi’s ADNH Catering plans to list 40% on local bourse

The catering firm is offering 9 billion shares, representing 40 per cent of the company’s total issued share capital

Chris Martin of Coldplay performs onstage at the 2024 iHeartRadio Music Festival at T-Mobile Arena on September 21, 2024 in Las Vegas, Nevada.

Coldplay fever grips UAE as band announces fourth Abu Dhabi gig

The band has broken records at venues worldwide, praised for their high-energy performances and sustainability efforts

UAE’s Masdar eyes Iberian renewables champion after recent deals

Masdar eyes Iberian renewables champion after recent deals

The company will look at potential new opportunities with current partners, such as Endesa and Iberdrola

Abu Dhabi's SCFEA grants new O&G concession in Al Dhafra to PETRONAS

Malaysia’s PETRONAS lands oil and gas exploration deal in Abu Dhabi

The Onshore Block 2 concession in Al Dhafra covers an area of 7,320 square kilometres, with PETRONAS holding 100 per cent of the exploration rights

Abu Dhabi real estate market trends for H1 2024 according to Bayut's findings Image_Getty Images

Abu Dhabi wealth fund ADQ sells $2bn bond

ADQ is fully owned by the Abu Dhabi government, which holds more than 90 per cent of the United Arab Emirates’ oil reserves

EU assessing deal by e& Group for Czech PPF’s assets

e& Group secures EU approval to buy Czech PPF’s telecoms assets

e& has secured “all regulatory approvals” and “closing of the deal remains subject to customary remaining closing terms”

Microsoft to set up an engineering centre in Abu Dhabi GettyImages

Microsoft to set up key engineering centre in Abu Dhabi

The Abu Dhabi centre will collaborate with Microsoft’s global network of development centres to develop solutions in AI, cloud computing, and advanced cybersecurity

General Atlantic plans Abu Dhabi office by year-end

General Atlantic plans Abu Dhabi office by year-end

The New York-based private equity firm received preliminary approval for a license to operate out of the Abu Dhabi Global Market

Core42 upgrades Compass for enhanced AI integration

Core42 upgrades Compass for enhanced AI integration

The upgrade includes new features like the Compass Chat mobile app, which offers seamless AI access and enhanced productivity tools for businesses

Rorix Holdings, Adani Ports ink MoU, target commodities market ecosystem

Rorix Holdings, Adani Ports ink MoU, target commodities market ecosystem

The partnership aims to enhance transparency, efficiency and security within the commodities market, benefitting stakeholders across the globe