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Abu Dhabi launches fundraising policy

Abu Dhabi’s Department of Community Development enacts fundraising policy

The policy regulates all fundraising activities including collecting, receiving, and presenting in-kind and cash donations in the city

Wizz Air Abu Dhabi (Image: Supplied by Wizz Air Abu Dhabi)

Wizz Air Abu Dhabi commences flights to Erbil

The twice-weekly services operate every Monday and Friday

ADIA optimistic on equities, private credit after turbulent 2022

Sovereign wealth fund ADIA optimistic on equities, private credit after turbulent 2022

The fund is looking at opportunities in the private credit market, as banks become more cautious about lending due to rising financing costs

ADNOC, Occidental to build DAC facility in UAE

ADNOC, Occidental to advance direct air capture project in UAE

The energy firm is testing the world’s first fully sequestered CO2 injection well in a carbonate saline aquifer in Abu Dhabi

IHC increases stake over 5% in Adani Enterprise Ltd Image IHC X

Abu Dhabi-based IHC increases stake in Adani Enterprises to above 5%

This development follows last week’s announcement by IHC that it had entered a definitive agreement to sell its stake in AGEL and ATL

AD Ports Group’s Noatum buys Sesé Auto Logistics

AD Ports Group’s Noatum acquires Sesé Auto Logistics

The deal implies an enterprise value to EBITDA ratio of around 3.5x based on the company’s last twelve months performance to August 2023

ADNOC Gas awards 615m contract for carbon capture projects

ADNOC awards Petrofac $615m carbon capture projects contract

The engineering, procurement and construction contract was awarded to Petrofac Emirates

Etihad begins flights to Osaka, Copenhagen and Dusseldorf (Image:Supplied by Etihad)

Etihad begins flights to Osaka, Copenhagen and Dusseldorf

The airline is also in the process of upgrading its frequencies to several other destinations

Abu Dhabi’s non-oil economy grew 12.3% in Q2 2023

Abu Dhabi’s non-oil economy grew 12.3% in Q2 2023

The financial sector grew nearly 30 per cent year-on-year, with the value-added by the industry surging more than Dhs18bn

Abu Dhabi to host ADIPEC 2023 from Oct 2-5 Image courtesy WAM

ADIPEC 2023: Biggest-ever edition opens in Abu Dhabi on Oct 2

ADIPEC 2023 is expected to attract more than 160,000 attendees from 164 countries

Edge Group acquires 50 per cent stake in SIATT Image Edge Group

UAE-based Edge Group acquires 50% stake in Brazil’s SIATT

SIATT specialises in the integration of systems with advanced technological content for defence and aerospace sectors

Abu Dhabi - speed limit

Prophet Muhammad’s Birthday holiday: free parking, toll announced in UAE

The transport regulator is offering free parking during the holiday from Friday until 7:59 a.m. on Saturday

DCT Abu Dhabi, Mubadala to invest Dhs50m in cultural industry

DCT Abu Dhabi, Mubadala to invest Dhs50m in cultural industry

The collaboration presents an important commitment to fostering cultural programmes and initiatives

Alpha Dhabi wastewater treatment

Alpha Dhabi enters wastewater treatment industry with majority acquisition in Metito Holdings

Alpha Dhabi’s foray is aimed at driving impactful change in the circular economy sector and its broader vision of sustainable growth

Abu Dhabi to debut inaugural Travel and Tourism Week

Abu Dhabi’s debut Travel & Tourism Week set to drive growth

The platform is set to further enhance the city’s business and leisure tourism industries while advancing economic growth

ADCCI partners with three local banks

These 3 Abu Dhabi banks have partnered with ADCCI

The partnerships seek to introduce members and investors to a range of services, promotional packages, and financing assistance programmes

UNION FORTRESS 9

Abu Dhabi: Be prepared for loud noise as armed forces practice for ‘Union Fortress 9’

The Ministry announced that the invitation to attend the military parade is open to the public

ADIB redeems sukuk worth $750m

ADIB redeems sukuk worth $750m

The trading of the certificates on the Irish Stock Exchange was cancelled upon redemption of the certificates

China’s AIIB expands global reach with Abu Dhabi office

China’s AIIB expands global reach with Abu Dhabi office

The overseas office brings the bank closer to the front lines of its sustainable development work in the Middle East and Africa

Yahsat gets Dhs18.7bn mandate from UAE govt for 17 years Image WAM

UAE: Yahsat receives Dhs18.7bn govt mandate for satellite related services

This agreement increases the group’s contracted future revenues to Dhs25.7bn, over 16 times its 2022 annual revenues

Silal launches food tracking system powered by blockchain tech Image Silal X

Farm to fork: Abu Dhabi’s Silal launches blockchain-powered food tracking system

The traceability feature is accessible by scanning the QR code of a Silal Fresh product through the Silal App

Mohamed Abdalla Al Zaabi CEO of Miral announces the company's new CSR strategy 2023 image Miral

Miral to launch over 80 initiatives within 2 years under new CSR strategy

The company aims to create a transformational impact on the community through economic, social and environment initiatives that are aligned with UN SDGs

Egypt

UAE President Sheikh Mohamad bin Zayed meets Egyptian President

The meeting reviewed the UAE’s upcoming hosting of the COP28 and the need for advancing collective climate action

ABu Dhabi Airports live test at Terminal A image courtesy WAM

Abu Dhabi Airports preps for Terminal A opening with largest live trial

Terminal A has the capability to handle 45 million passengers per year, and process 11,000 passengers per hour

Lunate at ADGM

Chimera launches Lunate, an alternative investment management firm with over $50bn in AUM

It has been structured to provide comprehensive multi-asset class investment solutions for a diverse clientele

Abu Dhabi’s ADGM posts robust growth in H1 2023

Abu Dhabi’s ADGM posts robust growth in H1 2023

The financial hub said a total of 102 asset managers, comprising investment firms and hedge funds, have set up shop in the city

Etihad, Tawazun, GE partner to advance flight safety

Etihad Airways, Tawazun Council, GE partner to advance flight safety

The project will extend GE Aerospace’s development and leadership training programmes to UAE Nationals at Etihad Airways

Sagard grows global presence with Abu Dhabi office

Canada’s Sagard expands global footprint with Abu Dhabi office

The regional office will be led by Firas Mallah, managing director and head of the Middle East

Hub71 RemotePass partner to help SMEs Image Hub71

Abu Dhabi: Hub71, RemotePass partner to support startups with HR needs

A Hub71 startup since 2020, Remotepass has successfully scaled its business to become a key partner of the ecosystem

brand ambassador Etihad

This Bollywood icon is the new brand ambassador of Etihad

The partnership builds on Katrina Kaif’s collaboration with Etihad in 2010 when she was featured as a discerning traveller showcasing the carrier’s travel experience