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Mubadala Capital acquires US-based TruFood

Abu Dhabi’s Mubadala Capital acquires US-based TruFood

Financial details of the transaction were not disclosed

Masdar and Germany’s Uniper to build green hydrogen plant in UAE

Emerge signs agreement to develop solar plant to power Khazna data centre in Masdar City

The plant will have an installed capacity of 7-megawatt peak and will provide electricity to the Khazna Abu Dhabi 6 facility

etihad-airways-and-armani-casa-launch-world-first-luxury-partnership

Etihad Airways, Armani/Casa partner to deliver a premium travel experience

Launching onboard in December, the partnership will further enhance Etihad’s premium offering, exclusively curated with designer Giorgio Armani

Bayanat announces intent to list on ADX

Abu Dhabi G42-owned Bayanat announces intent to list on ADX

The subscription period for the listing will open on October 21 and close on October 25

Abu Dhabi Data Program

New ‘Abu Dhabi Data Program’ to help emirate’s government entities leverage data to drive growth

Abu Dhabi Data Program aims to harness data powered by a future-ready cross-government technology backbone built on UAE’s national sovereign cloud

Abu Dhabi Islamic Bank launches ‘small business finance’ to support SMEs

The lender aims to offer a financing solution up to Dhs1.5m to support developing needs of businesses

Etihad Airways launches inaugural flight to Guangzhou

Abu Dhabi’s Etihad Airways launches inaugural flight to Guangzhou

 The new twice-weekly service will be operated via a two-class Boeing 777

Abu Dhabi Accountability Authority launches internal audit platform at Gitex Global

Abu Dhabi Accountability Authority launches internal audit platform at Gitex Global

The integrated AI-based digital platform is a centralised database that connects the auditing departments of Abu Dhabi government entities

Healthcare provider Burjeel soars in debut of scaled-down IPO

Burjeel Holdings rose 20 per cent to almost Dhs2.4 in Abu Dhabi

ADNOC

ADNOC Drilling awarded $1.53bn contract to help expand ADNOC’s offshore operations

Over 80 per cent of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value programme

Abu Dhabi Securities Exchange adds stock futures to derivatives market

Abu Dhabi Securities Exchange adds five single stock futures to derivatives market

From October 6, stock futures on Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank, Fertiglobe, Borouge and AD Ports will be available for trading on the derivatives market

Wizz Air restarts fligths to Moscow

Wizz Air Abu Dhabi offers 15% discount on select flights

The discount will be on selective flights to and from Abu Dhabi until December 14, for bookings made between October 6 and 7

Free parking and Darb in Abu Dhabi for Prophet’s birthday

Free parking and Darb in Abu Dhabi this weekend for Prophet’s birthday

Private sector employees across the UAE will have a holiday on Saturday, October 8

Hub71

Abu Dhabi’s Hub71 appoints new deputy CEO

Ahmad Ali Alwan has been a founding member of Hub71 since 2019

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi operates first flight to the Maldives

The route will be operated four times per week in October, increasing to six times per week in November and operating daily from December

Multiply Group acquires 80% of International Energy Holding

Abu Dhabi’s Multiply Group acquires 80% of International Energy Holding

International Energy Holding’s remaining 20 per cent stake has been acquired by Alpha Dhabi Holding

New board formed for Abu Dhabi Businesswomen Council

New board formed for Abu Dhabi Businesswomen Council

The new board will have a mandate to help female entrepreneurs refine their skills, introduce them to laws and policies and help them leverage initiatives

Wizz Air Abu Dhabi to launch new route to Ankara

The flight to Ankara will commence on January 19, 2023

Abu Dhabi’s ADNOC Distribution approves $350m interim cash dividend for H1 2022

This is the first payment in what is expected to be a full-year 2022 dividend payment of minimum Dhs2.57bn

ADBEW 2021

Abu Dhabi Business Events Week returns for the second year

The event organised by the Abu Dhabi Convention & Exhibition Bureau will run from September 26-27, at Manarat Al Saadiyat

ADNOC's offshore operations

ADNOC, Taqa close $3.8bn deal to decarbonise offshore operations

The project is expected to reduce the carbon footprint of ADNOC’s offshore operations by more than 30 per cent

AD Ports Group

Abu Dhabi’s AD Ports Group completes first international acquisition

The group acquired a 70 per cent equity stake in two Egypt-based maritime companies – Transmar International Shipping Company and Transcargo International

Guangzhou

Abu Dhabi’s Etihad Airways to introduce new service to Guangzhou

The airline will commence its twice-weekly flights to Guangzhou from October 10

Abu-Dhabi-Tadweer_-GettyImages

Abu Dhabi’s Tadweer processes more than 1,860,000 tonnes of waste in H1 2022

Tadweer successfully diverted 34 per cent of all waste in Abu Dhabi from landfills as well as 50 per cent of waste resulting from demolition and construction operations

Turkish Airlines

Turkish Airlines to ramp up flights to UAE

The carrier plans to increase flight frequencies to Istanbul from Abu Dhabi, Dubai and Sharjah

Abu Dhabi’s Al Seer Marine partners with Singapore’s Netbulk to expand freight services

The agreement will help clients mitigate supply chain uncertainties

Michelin guide abu dhabi

The first-ever Michelin Guide Abu Dhabi will debut this November

Abu Dhabi becomes the 41st destination globally for the Michelin Guide to be present in

Shuttle bus service launched between Abu Dhabi International Airport and Dubai

The airport shuttle service is available round the clock, with tickets priced at Dhs35 per ride

ADNOC announces $548m contract for a new main gas line at its lower Zakum field

Abu Dhabi’s ADNOC awards $548m contract for new main gas line

The contract will increase Lower Zakum field’s gas production capacity from 430 million to 700 million standard cubic feet per day

low-carbon ammonia shipment

Abu Dhabi’s ADNOC sends first low-carbon ammonia shipment to Germany

The cargo will be delivered to Aurubis, a Hamburg-headquartered provider of non-ferrous metals and one of the largest copper recyclers worldwide