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G42, Microsoft unveil Responsible AI Foundation

G42, Microsoft unveil Responsible AI Foundation

Inception, a subsidiary of G42, will serve as the Programme Lead for the foundation, advancing its mission to ensure that AI development remains both ethical and inclusive

Abu Dhabi Airports reports 28% growth in passenger traffic in 2024

Abu Dhabi Airports reports 28% growth in passenger traffic in 2024

The main driver of this growth was Zayed International Airport (AUH), which saw the introduction of 29 new routes, expanding its network to over 125 destinations

Modon Holding to acquire Arena Events Group

Modon Holding to acquire Arena Events Group

Arena Events group, which operates in over 10 countries including the US, UK, and Saudi Arabia, has been a key player in some of the world’s largest sporting events

Ta'ziz award multi billion dirham contract to build metyhanol plant image Ta'ziz/instagram. For illustrative purposes

TA’ZIZ awards $1.7bn EPC contract for methanol plant in Abu Dhabi

Powered by clean energy, the plant will produce 1.8 mtpa of methanol and will be among the world’s most energy-efficient methanol facilities

How M42 is redefining healthcare through AI, digital innovation

How M42 is redefining healthcare through AI, digital innovation

Dr Maaz Shaikh, VP of Product Management at M42, shares how AI is reshaping the global healthcare landscape, highlighting M42’s innovative role in this transformation

PureHealth to acquire 60% stake in Greek healthcare group

UAE’s PureHealth to acquire 60% stake in Greek healthcare group

The Abu Dhabi-listed healthcare platform said the acquisition is subject to regulatory approvals, without disclosing a timeline for its completion

Mubarak Al Shamsi, director - Abu Dhabi Convention and Exhibition Bureau (ADCEB), shares insights into Abu Dhabi’s strategy to lead niche market segments

Abu Dhabi: How ADCEB is shaping the future of business events

Mubarak Al Shamsi, director – Abu Dhabi Convention and Exhibition Bureau, shares insights into Abu Dhabi’s strategy to lead niche market segments

M42 unveils new operating structure to drive growth

UAE’s M42 restructures operations to foster growth, innovation

The healthcare firm has implemented four specialised platforms as part of its internal restructuring, which will have greater autonomy and accountability

Etihad gauges investor interest as Gulf carriers race towards IPOs

Etihad gauges investor interest as Gulf carriers race towards IPOs

Etihad is looking at a listing this quarter and the airline is said to be targeting both local and international investors

Etihad Rail MoUs

Dubai to Abu Dhabi in 30 minutes: Etihad Rail’s new high-speed link

The planned high-speed train, which will travel at 350kmph, will pass through six stations

Abu Dhabi updates restrictions on heavy vehicle movements

Abu Dhabi updates timings for heavy vehicle movement to ease traffic

Effective January 27, 2025, the updated policy restricts the movement of freight vehicles, trucks, tankers, and heavy equipment during peak hours on weekdays and Fridays

Abu Dhabi unveils ambitious Dhs13bn 'Digital Strategy 2025-2027'

Abu Dhabi unveils ambitious Dhs13bn ‘Digital Strategy 2025-2027’

By leveraging AI, cloud technologies, and data analytics, Abu Dhabi is set to transform the delivery of public services and optimise governmental operations

Wizz Air Abu Dhabi carries 3.5 million passengers in 2024

Wizz Air Abu Dhabi carries 3.5 million passengers in 2024

The budget carrier carried more than 1.2 million international visitors to Abu Dhabi in 2024, contributing 25 per cent to Zayed International Airport’s point-to-point traffic

AD Ports Group, KazMorTransFlot to expand Caspian Sea operations

AD Ports Group, KazMorTransFlot to expand Caspian Sea operations

The partnership includes expanding the tanker fleet for crude oil transportation, further strengthening Kazakhstan’s energy sector and deepening the collaboration between AD Ports Group and KMTF

UAE’s AD Ports to invest in greenfield grain terminal in Kazakhstan

UAE’s AD Ports to invest $30m in greenfield grain terminal in Kazakhstan

The total investment in the grain terminal will exceed $50 million across both phases, with AD Ports contributing approximately $30m

Abu Dhabi’s ADIA acquires stake in Canadian Firm Innocap

Abu Dhabi’s ADIA acquires stake in Canadian Firm Innocap

The Canadian platform has identified the Middle East as a key growth market and plans to open an office in Abu Dhabi in 2025

From EcoWASTE to sustainability: Tadweer Group's Ali Al Dhaheri talks about creating value

From EcoWASTE to sustainability: Tadweer Group’s Ali Al Dhaheri talks about creating value

The group’s MD and CEO delves deeper into the group’s ambitious plans to revolutionise waste management and support the nation’s sustainability goals 

Abu Dhabi fund ADIA invest $500m in US power firm AlphaGen

Abu Dhabi fund ADIA invest $500m in US power firm AlphaGen

The investment by a wholly owned subsidiary of ADIA, Abu Dhabi’s biggest wealth fund, is for a minority stake in AlphaGen

Masdar City officially launched testing of cutting-edge autonomous vehicles as part of its ambitious vision to redefine sustainable urban transportation

Abu Dhabi: Masdar City begins testing autonomous vehicles

The autonomous vehicle tests at Masdar City mark an important step toward reshaping how cities approach sustainable transportation

Aldar Properties raises Dhs9bn sustainability-linked loan

Abu Dhabi’s Aldar Properties raises Dhs9bn sustainability-linked loan

The facility is six times larger than any other single-bank financing the company has done in its recent history

ADNOC Gas awards $2.1bn LNG supply infrastructure contracts

ADNOC Gas invests $2.1bn to advance LNG supply infrastructure

The three contracts are part of the $15bn CAPEX that ADNOC Gas plans to invest through 2029

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

As the UAE real estate market continues to evolve, both cities are showing resilience and growth, positioning the region as a dynamic and attractive destination for global investors

Aldar Properties marks milestone, issues $1bn hybrid notes

The success of this hybrid issuance underscores the growing investor confidence in its ability to deliver on its transformational growth strategy

Ethara, Oak View Group assume operations of Zayed Sports City

Ethara, Oak View Group assume operations of Zayed Sports City

Coldplay will perform at the iconic venue on January 9, 11, 12, and 14, 2025, as part of their global ‘Music of the Spheres’ World Tour

NMDC wins $1.14bn offshore pipeline contract in Taiwan

Abu Dhabi’s NMDC wins $1.14bn offshore pipeline contract in Taiwan

Taiwan Power Company awarded the contract to NMDC Energy and NMDC Dredging and Marine – the subsidiaries of NMDC Group

ADNOC L&S issues $2bn hybrid capital facility to fund growth

ADNOC L&S issues $2bn hybrid capital facility to fund growth

The initial drawing against the facility will be $1.1bn, leaving $0.9bn capacity available to be drawn until December 31, 2026

Abu Dhabi sets up ADRA to streamline business licencing procedure

Abu Dhabi sets up ADRA to streamline business registration

The authority will develop a unified database consolidating data on economic establishments across Abu Dhabi’s mainland and its non-financial free zones

Abu Dhabi’s Etihad Airways posts 66% rise in nine-month profit

Etihad Airways flight aborts take-off in Melbourne, all passengers safe

Flight EY461, carrying 271 passengers, was accelerating for departure to Abu Dhabi when the flight crew opted to reject take-off owing to a technical issue

AD Ports Group expands global presence, boosts financial performance in 2024

AD Ports Group expands global presence, boosts financial performance in 2024

AD Ports Group continued its focus on digital transformation in 2024 with the acquisition of a 60 per cent equity stake in Dubai Technologies

ADGM unveils new fee structure, offers significant reductions

ADGM unveils new fee structure, offers significant reductions

The fee updates follow a series of consultations with the ADGM business community in 2023, focusing on expanding the jurisdiction and improving the ease of doing business