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Traffic fine discount - Abu Dhabi - UAE

UAE traffic fines: Abu Dhabi Police announce discounts

Abu Dhabi authorities have announced a slew of initiatives to make paying off traffic fines easy

Abu Dhabi fund Mubadala’s assets surge to $302bn

Abu Dhabi fund Mubadala’s asset under management rise to $302bn

The wealth fund reported proceeds of Dhs99bn in 2023, which includes divestments of certain legacy assets and capital recycling

Presight partners with Intel in AI push

UAE’s Presight, Intel partner to advance AI innovation

The duo seeks to strengthen data security and privacy by implementing confidential AI technologies

Lunate at ADGM

Abu Dhabi’s Lunate launches ETF tracking Japanese equities

The ETF market will contribute to bolster “Abu Dhabi’s plan to diversify its economy and attract more investors to its financial centre

Blue Residency Visa

UAE launches Blue Residency visa for environmental advocates: Everything you need to know

The Blue Residency visa represents a significant step in the UAE’s efforts to prioritise sustainability and environmental protection

UAE’s TAQA Group posts Dhs2.1bn net income in Q1 2024

UAE’s TAQA Group posts Dhs2.1bn net income in Q1 2024

The company’s earnings before interests, taxes, depreciation and amortisation rose by 4.9 per cent to reach Dhs5.5bn

Mubadala Energy

Indonesia wants Mubadala Energy to accelerate South Andaman gas development

Mubadala’s Indonesian unit said the company was fully aligned with Jakarta’s desire to accelerate the project

Natural gas

Mubadala Energy confirms significant gas discovery in Indonesia

The Tangkulo-1 discovery aligns with the company’s gas-focused strategy and serves as a significant milestone in the region’s development

How AI will unfold in the future_GettyImages-1194176305

UAE releases new AI model Falcon 2 to compete with Meta, OpenAI

The Falcon 2 series come as companies and countries are racing to develop their own large language models following the 2022 release of ChatGPT by OpenAI

JAIS Visual

Core42 launches Jais Chat: An Arabic-English AI chatbot

At its core lies Jais 30B, touted as the world’s most performant Arabic Large Language Model

Mubadala’s Fortress bid secures US regulatory approval

Mubadala Capital’s $3bn Fortress bid clears key US regulatory hurdle: FT reports

The approval comes as Mubadala agreed to let Fortress commit to keeping technology and data in the US

MITHRA METALS

MITHRA Metals expands global footprint with ambitious acquisition

The mining company’s strategic investment in ANS Exploration represents a proactive approach to identifying and collaborating with partners that exhibit promising growth prospects

Etihad’s Q1 profit surges to Dhs526m ahead of potential IPO

Etihad’s Q1 profit soars to Dhs526m ahead of potential IPO

The airline carried 4.2 million passengers in the January-March period, while passenger revenue came in at Dhs966m

Aldar issues second green sukuk image Aldar

Aldar issues second $500m green sukuk

The 10-year issuance marks Aldar’s second green sukuk, following its inaugural $500m sukuk issued in May last year

abu dhabi dark sky

How will Abu Dhabi’s ‘Dark Sky’ policy impact you?

The initiative is the first of its kind in the region and seeks to address the escalating concern of light pollution by presenting a blueprint for responsible lighting practices

Abu Dhabi pilots passenger-carrying drone trials

Abu Dhabi pilots MENA’s first passenger-carrying drone flights

The trials were part of an exhibition by the Multi-Level Group, as part of the Abu Dhabi Mobility Week that took place last week

Abu Dhabi and Etihad Airways offer free stopover stays programme image DCT Abu Dhabi

Etihad, DCT Abu Dhabi to offer free stopover stays in emirate

ravellers can choose from a selection of hotels across the city for one or two nights as part of their online booking on the airline’s website

Abu Dhabi’s Mubadala invests in Australia’s largest urea plant

Abu Dhabi’s Mubadala invests in Australia’s largest urea project

The transaction represents the largest investment ever made in the Australian fertiliser industry

Etihad Airways plans to double passengers, fleet size by 2030

Etihad CEO considers buying small number of Airbus, Boeing jets

CEO Antonoaldo Neves said Etihad was in talks with lessors and the planemakers in attempt to secure additional jets

Abu Dhabi's IHC Q1 net profit hits Dhs8bn Image-courtesy-WAM

IHC sees Q1 profit rise 87.6%, announces share buyback programme

The holding company reported a year-on-year revenue hike of 22.5 per cent in Q1 2024, reaching a record Dhs19.3bn

Abu Dhabi GDP

Abu Dhabi unveils carbon calculator for hotels

Launched at Arabian Travel Market, the Carbon Calculator is a mandatory tool for all hotels within the emirate to track and quantify carbon emissions

Sha Emirates Island

Sha Emirates by Imkan: Abu Dhabi’s island community dedicated to wellbeing

SHA Emirates will feature an international wellness clinic and residences that reflect a transformative approach to healthy living

Mubadala invests in Avanse

UAE’s Mubadala Capital plans $13.5bn biofuels investment in Brazil: FT

Mubadala’s asset management arm is expanding its presence in Brazil, venturing into sectors such as transportation infrastructure, education, and fast-food franchises

Abu Dhabi's ADQ lists debut $2.5bn bond on London Stock Exchange

Abu Dhabi’s ADQ lists debut $2.5bn bond on London Stock Exchange

Leveraging favourable market conditions and investor appetite, ADQ’s bond issuance garnered significant interest

UAE President mourns Sheikh Tahnoun bin Mohammed

UAE leaders mourn passing of Sheikh Tahnoun bin Mohammed

The Presidential Court declared a seven-day official mourning period for Sheikh Tahnoun bin Mohammed with flags flown at half-mast

UAE winter rain hits Dubai and other emirates. Image Getty Images Karim Sahib

UAE weather: NCM issues orange alert as heavy rains hit Abu Dhabi, Dubai

Both Abu Dhabi and Dubai police have advised motorists to exercise caution while driving, especially in adverse weather conditions

Masdar and Bapco Energies to develop up to 2GW of wind projects in the Kingdom of Bahrain

Masdar, Bapco to develop wind energy projects in Bahrain

The joint venture aims to explore, develop, and invest in wind projects in Bahrain, with a capacity of up to 2 gigawatts.

UAE WEATHER - RAIN - FLEXIBLE WORK - REMOTE LEARNING

UAE announces remote work for public sector workers, MoHRE advises flexible work for private sector

The NCM has forecast moderate to heavy rain accompanied by occasional lightning and thunder on Thursday, May 2.

UAE Weather alerts - private sector - image GB

UAE’s NCEMA calls for remote work across public, private sectors

The NCM forecasts moderate to heavy rain accompanied by occasional lightning and thunder later in the night into Thursday

rain - weather

UAE rain: NCM forecasts unstable weather to peak on May 2

Authorities in Abu Dhabi issued an alert for unstable weather conditions expected to hit the emirate from May 2 to May 5