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Mubadala lists dual currency bond on ADX

Abu Dhabi’s Mubadala lists $5.3bn duel currency bond on ADX

The listings include Mubadala’s debut green bond and the fund’s inaugural dirham-denominated bond

Mubadala Abu Dhabi Open: WTA top seeds Raducanu, Jabeur, Maia to participate

Mubadala Abu Dhabi Open: WTA top seeds Raducanu, Jabeur, Maia to participate

This year, the Mubadala Abu Dhabi Open tournament features 10 of the Women’s Tennis Association’s top 20-ranked players

Sheikh Mohamed in Gujarat

UAE President Sheikh Mohamed lands in India for Vibrant Gujarat Global Summit

The Vibrant Gujarat Global Summit will see the participation of 34 countries and 16 international organisations in its 10th edition

Ex-UAE climate change minister to head IHC’s $27bn fund

Ex-UAE climate change minister to head IHC fund 2PointZero

The investment vehicle’s sprawling portfolio includes Abu Dhabi’s newest fund Lunate, International Resources Holding, and private investment firm Chimera

Khalifa fund TAMM

Khalifa Fund transitions services to TAMM platform, increases accessibility to SMEs

With the transition to TAMM, Khalifa Fund is poised to provide more efficient and accessible services to entrepreneurs in the emirate

Q Holding

IHC’s Q Holding revamps top leadership with new group CEO

The new management team has been brought on from Modon Properties as the group undergoes a restructuring since August last year

Etihad Airways targets 18 million passengers by 2025

Etihad Airways targets 18 million passengers by 2025

The airline’s expansion plan includes broadening its global network, offering more choices to travellers, and increasing flights to key international markets

Abu Dhabi to enable recycled water supply to 1,600 farms image Abu Dhabi Media Office

Abu Dhabi to enable recycled water supply to 1,600 farms

ADAFSA has a system in place to monitor the quality and safety of recycled water before distributing it to farms

ITC ROAD CLOSURE - ABU DHABI

Abu Dhabi road closure: Al Maryah Street bridge to be shut in January

The ITC announced the Al Maryah Street bridge, will be sealed off to traffic, from January 8 until February 3

new-year-new-flights-as-etihad-welcomes-2024-with more destinations to India, US, Europe

Etihad announces new flight destinations in India, US, Europe, Africa

Etihad Airways commenced daily flights from Abu Dhabi to Kozhikode and Thiruvananthapuram in Kerala on January 1

The 6 companies making up Abu Dhabi’s $27bn 2PointZero

Abu Dhabi’s International Holding Company (IHC) has established a new holding company, 2PointZero, that will have more than Dhs100bn in assets.

Noatum acquires APM Terminals Castellón for EUR10m

AD Ports Group’s Noatum acquires APM Terminals Castellón for EUR10m

The deal allows Noatum Terminal Castellón to expand its operational capacity for bulk, general cargo, and container processing

Invest AD and Blackstone launch Private debt fund Image -courtesy-WAM

Abu Dhabi’s IHC launches mega holding company with $27bn in assets

Abu Dhabi’s International Holding Company (IHC) has announced the establishment of 2PointZero, a company which will have more than Dhs100bn in assets

uae public holiday calendar

UAE holiday calendar for 2024: When is the next paid leave?

According to the official holiday calendar released by the UAE government, workers in the country will enjoy atleast 13 public holidays in 2024

Abu Dhabi’s non-oil growth surges 7.7% in Q3 2023

Abu Dhabi’s non-oil growth surges 7.7% in Q3 2023

The financial and insurance sector grew by 14.4 per cent YoY and the value-added by the industry surged to Dhs18.7bn

Dubai, Abu Dhabi stocks gain on last trading day of 2023

Stocks on both the Dubai and Abu Dhabi bourses edged up on the last trading day of the year

Dubai, Abu Dhabi real estate deals surged over 56% in 2023

Deal flow in the emirates of Dubai and Abu Dhabi have surged in 2023 on the back of extremely strong demand for the year

uae currency dirhams

Strong cash flows for UAE stocks in Christmas Day trade

UAE stocks in Dubai and Abu Dhabi recorded strong cash flows on Monday, surpassing Dhs1bn in market liquidity

Institutional investors were hungry for Dubai, Abu Dhabi Stocks in 2023

Institutional investors dominated the UAE equity market in 2023, capturing nearly 78 per cent of total trading activity on the Dubai and Abu Dhabi bourses

Sam Altman of OpenAI

OpenAI in talks to raise new funding at $100bn valuation

The terms, valuation and timing of the funding round have not yet been finalised and could still change

Sheikh Zayed Grand Mosque. (Source: WAM)

67 million visitors for Abu Dhabi’s Sheikh Zayed Grand Mosque

Ever since opening on 20 December 2007, the mosque has seen millions of visitors come to see the iconic building

ADNOC signs 15-year LNG supply deal with SEFE

ADNOC signs multi-year LNG supply deal with China’s ENN Natural Gas

The deal is subject to a final investment decision including regulatory approvals and reaching a definitive sale and purchase agreement

ADX FADX 2022

PureHealth soars 69% after nearly $1bn IPO in Abu Dhabi

Shares in PureHealth traded at Dhs5.5 on Wednesday as the Abu Dhabi market opened against an IPO offer price of Dhs3.26 per share.

GCC region M&A blazes trail as global deals decline

UAE’s Bayanat and Yahsat agree potential Dhs15bn merger

The merger is subject to regulatory and shareholder approvals and is expected to close in the second half of 2024

Abu Dhabi to ‘buy’ stake in key Turkish port: Reuters

ADPorts Group could invest in an entity established by the Turkey Wealth Fund to run the Aegean coast port of Izmir, reports Reuters

KUWAIT RULER

UAE declares 3-day mourning period to condole Kuwait Emir Sheikh Nawaf’s death

The mourning period has been confirmed for three days, during which flags will be flown at half-mast across all official departments within the country

Winter weather

UAE: Winter weather brings rain, mist with minimum temperatures dropping below 10 degrees C

Winter weather has set in with slight rain and mist along with windy conditions forecast for the weekend

Abu Dhabi launches free Hala Wi-Fi across emirate

Abu Dhabi launches free Hala Wi-Fi across emirate

The initiative is provided in collaboration with UAE service providers and offers public Wi-Fi coverage in various locations

abu dhabi road closure

Abu Dhabi: 8 hour-long road closure for ADNOC marathon on Saturday

The ITC has released details of the closure that will follow the path of the marathon

James Hartt, director at ad gaming on the growth of abu dhabi as a gaming and esports powerhouse

Insights: Abu Dhabi strengthens its status as a global gaming and esports powerhouse

More than 70 game developers and esports teams are now based in the UAE capital, and this is set to grow rapidly over the coming years