Lunate has become the first Abu Dhabi-based fund manager and administrator of the UAE’s voluntary alternative EoSB scheme through the newly licensed Lunate EoSB Fund
The companies are expected to get the offtake at a lower price compared to the market, but with less flexibility, Reuters reported
In the past decade, Abu Dhabi’s construction sector has grown by 22.6 per cent, finance and insurance by 39 per cent, and manufacturing sector by 102 per cent
The fund sold a $1.25bn five-year portion at 80 basis points (bps) over US Treasuries and another $1.25bn 10-year tranche at 90 bps over the same benchmark
The credit facility is part of JBIC’s GREEN lending programme and is partially supported by Japanese commercial banks
The launch of four subsidiaries follows the group’s acquisition of e-waste innovator Enviroserve in May
The number of annual arrivals through Abu Dhabi’s airports reached more than 11.1 million, while the number of departures stood at 11.3 million
ADIA’s leadership in the recent funding round for Purplle Group underscores the attractiveness of the Indian retail market
The first biomethane plant will have a capacity of up to 100 GWh and will feed Cepsa’s planned green hydrogen and biofuels facilities
The design of the rig operating systems will leverage real-time condition, performance, and utilisation data to generate actionable insights
The Islamic bank recently unveiled 2030 emissions reduction targets for six key portfolio sectors including home and auto finance
The new vessels will increase the company’s fleet of LNG carriers from 14 to at least 22 vessels
The sale will advance the healthcare firm’s focus on specialised services previously offered at Abu Dhabi Stem Cells Centre and Yas Clinic at Sheikh Shakbout Medical City
These satellites are expected to eventually replace the older Al Yah 1 and Al Yah 2, launched in 2011 and 2012, respectively
The Abu Dhabi office will be primarily focused on capital raising across AXA IM Alts’ private and alternative assets range
The rules aim to ensure transparency and accountability in the fast-growing field of influencer marketing
Brookfield bought the company from Spanish construction group ACS for EUR1bn in 2018
The emirate’s luxury real estate market is on an upswing with a wave of high-end developments set to redefine city living
SingAuto’s initiative to build the world’s largest commercial EV industrial district marks a significant step towards a sustainable, innovative, and efficient logistics landscape for the region
Investors can subscribe to the ETF units, during the offering period, which runs until July 2
The index will provide a deeper understanding of the role and impact of family businesses on the economy and society
ADNOC is striking strategic deals across Europe, as it seeks to diversify, its upstream and downstream operations
ADNOC’s initial informal offer to Covestro was reported in June 2023, but it wasn’t until September last year that the German company entered into open-ended formal discussions
RedBird IMI’s sale of the titles is expected to conclude later this year
Brazil will start racing from the beginning of SailGP’s fifth season, which is due to begin in November
In addition to the new routes, Etihad has commenced operations to several seasonal destinations and returned to popular summer hotspots
The stock exchange said that the listing will be in three tranches, starting on June 21
The GSER report highlighted Abu Dhabi’s strengths in the fintech, agtech and new food, and climate tech sectors, citing the density of talent, support resources, and startup activity
The money-management firm oversees $275bn for more than 150,000 clients including individuals and institutions
The UAE aims to rank among the top 10 producers of green hydrogen globally by 2031, with a production target of 1.4 million tonnes annually