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Federal authorities to support AGWA cluster GettyImages-Tatian-Dolgova-1258165850-1

Abu Dhabi: Federal regulators unite to bolster new AGWA cluster

The AgriFood Growth & Water Abundance cluster aims to play a leading role in global efforts to tackle food shortages and water scarcity

Presight and Dell technologies sign MoU_GettyImages-1194176305

Dell Technologies, Presight ink MoU to drive digital innovation in UAE

The partnership will leverage Presight’s expertise in AI and data analytics with Dell’s capabilities in compute, storage, data protection and network solutions

UAE-President and ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan approves second housing benefits package photo-courtesy_WAM

Abu Dhabi approves Dhs3.3bn housing benefits package for citizens

The housing benefits package includes housing loans worth over Dhs3.046bn, aiding 1,766 citizens in Abu Dhabi

ADNOC LNG

ADNOC awards multi-billion dollar contracts for Ruwais LNG plant

ADNOC’s Ruwais facility is expected to be the region’s first LNG export facility to run on clean power

Adnoc-gordon-tech

UAE’s ADNOC Drilling, Alpha Dhabi Holding to become majority shareholders in Gordon Tech

Prior to the deal, Gordon Technologies, based in Louisiana, was primarily owned by Houston-based private equity firm Pelican Energy Partners

NATURGY_TAQA_BID

Abu Dhabi’s TAQA and Spain’s Criteria end talks for Naturgy takeover plan

TAQA was in talks with Naturgy’s three largest shareholders for a possible takeover bid

ADNOC pays off ADNOC Distribution’s $1.19bn bond

UAE’s ADNOC pays off $1.19bn to ADNOC Distribution bondholders

The exchangeable bonds were issued in May 2021 along with the offering of approximately 375 million shares in ADNOC Distribution

Abu Dhabi unveils AGWA to boost food security

Abu Dhabi unveils new economic cluster to boost food security

AGWA is expected to contribute Dhs90bn in incremental GDP to Abu Dhabi’s economy and attract Dhs128bn in investments by 2045

Abu Dhabi’s DoH partners with ADIO and Etihad Airways to boost pharma capabilities

Abu Dhabi’s DoH partners with ADIO, Etihad Airways to boost pharma capabilities

The government-backed entities seek to leverage the emirate’s strategic location, lucrative investment opportunities and advanced logistics capabilities

XPANSE

A sneak peek into Xpanse: World’s first forum for exponential technologies

Dr Zina Jarrahi Cinker, director general of MATTER, reveals key details about one of the biggest events of the year set to come to Abu Dhabi in November

Alef’s $515m IPO oversubscribed 39 times

Abu Dhabi edtech firm Alef’s IPO draws $20bn in orders

The shareholders are offering 1.4 billion shares, equivalent to 20 per cent of the company’s total issued share capital

AD Ports to develop green methanol facility in Egypt

UAE’s AD Ports Group to develop green methanol facility in Egypt

The chemical compound is a promising alternative to fossil fuels in industries where decarbonisation is challenging

Abu Dhabi’s Alef seeks to raise $515m from IPO

Abu Dhabi edtech firm Alef sets IPO price range, seeks to raise $515m

Alef is offering the shares in two tranches, with the edtech firm expected to debut on the Abu Dhabi Securities Exchange on June 12

Abu Dhabi real estate projects

7 upcoming waterfront developments in Abu Dhabi

These developments across Abu Dhabi promise state-of-the art amenities combined with a lifestyle that blends nature, culture, and access to domestic and international cities

Eagle Hills unveils EUR3bn waterfront project in Latvia

UAE’s Eagle Hills expands global reach with EUR3bn Latvian project

A EUR250,000 investment in the Riga Waterfront would enable buyers to acquire residency in the European Union-member country

Saadiyat Cultural District_Natural History Museum Abu Dhabi_3D Render - The [buildings] depicted in these images are conceptual illustrations. Actual buildings and layouts may differ from the representations shown here by the time of completion. All rights to the images and their contents are reserved. Unauthorised use, reproduction, or distribution of these images is strictly prohibited.

Abu Dhabi’s Saadiyat Cultural District on track for completion by 2025

Saadiyat Cultural District, once complete, is set to be one of the most exciting destinations in the world for art and culture enthusiasts

adgm regulator-sarwa

Why did Abu Dhabi Global Market regulator impose a $122,500 fine on Sarwa?

The regulator said the probe was closely coordinated between the FSRA and the Dubai Financial Services Authority

ADNOC to acquire 10% equity stake in key LNG development in Mozambique

ADNOC to acquire 10% equity stake in key LNG development in Mozambique

ADNOC’s first investment in Mozambique complements its efforts to expand its lower-carbon LNG portfolio to meet growing gas demand and support the transition to cleaner fuel sources

UAE's AI PUSH

UAE, US to seal more AI deals through strategic partnership: UAE AI minister Al Olama

The UAE, led by government-backed firm G42, is pushing to burnish its AI framework as it diversifies away from oil

Amount of styrofoam containers

Abu Dhabi bans single-use styrofoam products starting June

The ban targets avoidable, single-use consumer products made of expanded polystyrene

Karim Sabbagh MD designate of Space 42

Space42’s Karim Sabbagh on the Bayanat-Yahsat merger, spacetech and future plans

The managing director designate of Space42 shares how the company will combine geo analytics and satcom capabilities with AI to offer new solutions and services to clients across the region

ITALY-UAE JV EDGE GROUP

Italy’s Fincantieri, Abu Dhabi’s EDGE sign EUR400m deal with UAE Coast Guard

The order comes just three months after EDGE and Fincantieri launched their partnership

ADGM’s AUM surges by a record 211% in Q1 2023

ADGM says assets under management soar by 211% in Q1 2024

The financial hub said the total number of operational entities jumped by 30 per cent to reach 1,950

Iran

UAE President Sheikh Mohamed bin Zayed sends condolence on Iran President’s death

The UAE’s leaders have sent their messages of condolence along with other world leaders on the death of Iran’s President Ebrahim Raisi

Mubadala announces first renewable energy investment in Japan

Mubadala announces first renewable energy investment in Japan

This investment will help reduce carbon emissions and reliance on imported fuels, aligning with Japan’s domestic and international emission reduction targets

Noatum launches maritime services in Türkiye

AD Ports Group’s Noatum inaugurates maritime services in Türkiye

The new entity will serve as a port and liner agency, offering a comprehensive suite of maritime services tailored to meet the diverse needs of clients

UAE’s ADNOC Drilling awards Dhs6.24bn contract

ADNOC Drilling secures Dhs6.24bn to unlock unconventional energy resources

The drilling firm has incorporated Turnwell Industries to service the contract and explore future opportunities

uae weather - school - rain - alef education - IPO

Upcoming IPO: Alef Education to list on Abu Dhabi Securities Exchange

The first tranche subscription period is expected to run from May 28 to June 4, with the second tranche subscription period expected to end on June 5

Wizz Air-A321-Neo

Wizz Air Abu Dhabi launches region’s first flight subscription service

The Wizz MultiPass offers travellers greater flexibility and access to the airline’s best fares year-round

Masdar City Pump track study showed water savings from 40 to 60 percent

Masdar City unveils the region’s largest pump track for cyclists, skateboarders

The pump track is more than 7,500 square metres of shaded hills, banked turns, and rest areas supporting three tracks totaling more than 500 metres