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Abu Dhabi’s GDP grows 4.5% in Q3 '24, led by non-oil sector

Abu Dhabi GDP grows 4.5% in Q3 ’24, led by non-oil sector

For the first three quarters of 2024, Abu Dhabi’s GDP grew by 3.9 per cent, with non-oil activities contributing a 5.9 per cent increase

ADNOC ICV programme to inject Dhs200bn into economy in 5 years Image-ADNOC

ADNOC ICV programme to inject Dhs200bn into economy over 5 years

In 2024 alone, ADNOC’s ICV programme reinvested Dhs55bn into the UAE economy and helped facilitate the creation of 5,500 private-sector jobs

NYE 2025 Abu dhabi announces toll waiver on Jan 1 image-courtesy-WAM

NYE 2025: Abu Dhabi announces free parking, toll waiver

Toll fees will be reinstated on January 2 during peak hours, from 7 am to 9am. and 5pm to 7pm

Abu Dhabi: EAD launches carbon MRV programme to advance climate action

Abu Dhabi: EAD launches carbon MRV programme to advance climate action

EAD’s MRV programme represents a key step in advancing Abu Dhabi’s climate goals while supporting the UAE’s Net Zero by 2050 commitment

AD Ports group completes major restructuring after Noatum acquisition mage-courtesy-AD-Ports-Group

AD Ports Group completes major restructuring following Noatum integration

This year, AD Ports Group entered Drewry International’s rankings of the world’s 20 largest container port operators and achieved 40th place in Lloyd’s List Top 100 global rankings

ADFD provides additional $40m loan for Maldives Airport Expansion

ADFD provides additional $40m loan for Maldives Airport Expansion

The Velana International Airport expansion includes the addition of up to 26 aircraft gates and a new terminal building for international flights

Mubadala get majority stake in Yash Holding's GMSC and ADS Image Supplied

Mubadala secures majority stakes in GMSC, Al Ittihad Drug Store

With these investments, Mubadala has secured a comprehensive supply chain and distribution network for medical products and pharmaceuticals

Abu Dhabi's Modon Holding acquires luxury La Zagaleta estate in Spain

Abu Dhabi’s Modon Holding acquires Spain’s luxury La Zagaleta estate

The acquisition is seen as a major step in Modon Holding’s drive to further diversify its global portfolio, with a special focus on luxury residential communities in high-demand international markets

Crown Prince of Abu Dhabi Khaled bin Mohamed bin Zayed inaugurates CMA Terminals Khalifa Port image courtesy wam

Abu Dhabi Crown Prince inaugurates CMA Terminals Khalifa Port

With the addition of CMA Terminals Khalifa Port, the facility’s annual container capacity has surged by 23 per cent, bringing the total to almost 10 million TEUs

Meet ARIF, ADNOC Distribution's new investor relations chatbot

Meet ARIF, ADNOC Distribution’s new investor relations chatbot

The chatbot ensures that users receive reliable and accurate information, available 24/7 to accommodate a global investor base

AlpInvest, Mubadala establish new portfolio senior fund financing partnership

AlpInvest, Mubadala form new fund financing partnership

The strategic partnership will exclusively focus on portfolio senior fund financing to private equity funds, supporting growing demand for liquidity and capital solutions within private markets

Hub71 launches Angel Investor Support Package at ADFW 2024 Image HUb71 for illustrative purposes

Hub71 launches Dhs150,000 angel investor support package

Through the Angel Investor Support Package, Hub71 is positioning Abu Dhabi as a global leader in technology and innovation

US private credit firm Golub Capital to set up base in Abu Dhabi

US private credit firm Golub Capital to set up base in Abu Dhabi

Golub, which had more than $70bn of capital under management as of October 1, has received preliminary approval for a licence to operate out of the Abu Dhabi Global Market

https://gulfbusiness.com/wp-content/uploads/2024/02/15914-McLarenArturaSpider.jpg

Abu Dhabi’s CYVN Holdings to buy McLaren’s automotive business, stake in racing business

CYVN Holdings and Mumtalakat are committed to optimising McLaren’s portfolio to ensure sustainable long-term financial returns, positioning the company for continued success

‘Make Bitcoin Great Again’: Eric Trump attends Abu Dhabi crypto gathering

Speakers at the two-day Abu Dhabi event include Trump’s son Eric as well as billionaire Steve Witkoff, the new White House envoy for the Middle East and co-founder of World Liberty Financial

Polen Capital to open Abu Dhabi office in Middle East expansion push

Polen Capital to open Abu Dhabi office in Middle East expansion push

The $63bn assets management firm will join other global asset managers and hedge funds in setting up in the ADGM

ADIO, Partanna partner to decarbonise concrete industry

ADIO, Partanna partner to decarbonise concrete industry

ADIO will support Partanna’s efforts to decarbonise the cement industry by enabling the establishment of its manufacturing facility in Abu Dhabi

Google, Hub71 partner to launch startup programme in 2025

Google, Hub71 partner to launch startup programme in 2025

By leveraging Google’s network and resources, Hub71 is set to provide a robust foundation for its startups to scale, innovate, and contribute to the UAE’s economy

Khalifa Fund unveils new strategy, MZN Hub to support entrepreneurs

Khalifa Fund unveils new strategy, MZN Hub to support entrepreneurs

The Khalifa Fund for Enterprise Development (Khalifa Fund) has unveiled a new strategy, including the…

Abu Dhabi Finance Week 2024 opens today

Abu Dhabi Finance Week 2024 opens today

The event will provide opportunities for networking, thought leadership, and collaboration on the future of finance

Mubadala has $330bn in assets under management, says CEO

Mubadala Investment Company CEO, Khaldoon Al Mubarak, revealed the figure during the Milken Institute Middle East and Africa summit

Uber’s autonomous rides now available in Abu Dhabi

Uber’s autonomous ride-hailing service now available in Abu Dhabi

The service will use self-driving vehicles to provide smart mobility solutions in various areas of Abu Dhabi, including Saadiyat Island and Yas Island

ADNOC, PETRONAS finalise 15-Year LNG sales agreement for Ruwais Project

ADNOC, PETRONAS finalise 15-Year LNG sales deal for Ruwais Project

The Ruwais LNG facility is poised to make history as the first LNG export terminal in the region to be powered by clean energy

Abu-Dhabi expands golden Vendor List -GettyImages-1239915485

Abu Dhabi unveils expanded Golden Vendor list, covers 145 industries

By prioritising local content, the expanded list is poised to drive job creation, stimulate innovation, and accelerate Abu Dhabi’s transition to a diversified, non-oil economy

UAE’s Abu Dhabi sets out measures to help businesses get away from oil

UAE’s Abu Dhabi sets out measures to help businesses get away from oil

The emirate unveiled a centralised business registry authority – the Abu Dhabi Registration Authority – that will be the single point for business registration

UAE real estate to show growth in Q4 2024, says JLL-Image-courtesy-WAM

Here’s how the UAE’s golden visa has made a positive impact

Here are just some of the ways in which the UAE’s golden visa has made a positive impact on the country

DCT Abu Dhabi's Saood Abdulaziz Al Hosani on supporting a new wave of cultural talent

DCT Abu Dhabi’s Saood Abdulaziz Al Hosani on supporting a new wave of cultural talent

The undersecretary of DCT Abu Dhabi shares insights into the department’s talent development strategy and how it aligns with Abu Dhabi’s broader cultural ambitions

Abu Dhabi's MAIR Group poised to list shares directly on ADX

Abu Dhabi’s Mair Group poised to list shares directly on ADX

The company’s direct listing on the ADX will serve as a catalyst for its next phase of growth, marking a new era of purposeful, community-driven business success

ADNOC launches XRG Image -ADNOC

ADNOC launches $80bn lower-carbon energy, chemicals investment entity

XRG will initially focus on transformational global investments that create value across natural gas, chemicals, and lower-carbon energy solutions

Abu Dhabi’s IHC posts Dhs18bn in nine-month net profit

Abu Dhabi’s IHC says its outlook on Adani Group investments is unchanged

The Adani group’s stock losses have narrowed to $14.7bn from about $33bn since the US indictments were levelled last week.