#Abu Dhabi

Nobu Residences Abu Dhabi_Penthouse Villa Terrace

Abu Dhabi’s most expensive penthouse is sold, here’s what it cost

The unit sets a new benchmark for price per square metre at more than Dhs96,000 per square metre and is the most expensive apartment ever sold in Abu Dhabi

Alpha Dhabi completes sale of 3 hotels to NCTH

IHC’s Alpha Dhabi consolidates hotel business with NCTH deal

The transaction adds St Regis Saadiyat, Al Wathba Luxury Collection and ultra-luxury Cheval Blanc in the Maldives to NCTH’s portfolio of hotel assets

Nouran Living by Aldar launches in Abu Dhabi Image: Aldar

Community takes centre stage at Aldar’s new Nouran Living

Construction on Nouran Living is set to begin in Q4 this year, with handovers expected in Q4 2027

Abu Dhabi AI group G42 unveils new AI tool BoardNavigator

How Abu Dhabi’s G42 is bringing AI to the boardroom

BoardNavigator will be able to analyse large proprietary and public data sets to support board members in decision-making processes

Archer Aviation to build vertiport network in UAE

How the UAE is ramping up plans to launch flying taxis

The use of electric vertical take-off and landing aircraft is expected to reduce travel times between Dubai and Abu Dhabi to 30 minutes

Abu Dhabi pushes deeper into AI with new investment firm

Abu Dhabi pushes deeper into AI with new investment firm

MGX counts Abu Dhabi wealth fund Mubadala Investment Company and Group 42 as its founding partners

Abu Dhabi’s Unifrutti expands footprint with fresh acquisitions

Abu Dhabi’s Unifrutti eyes further Latam growth after fresh acquisitions

The company is owned by Abu Dhabi wealth fund ADQ and distributes 500,000 metric tonnes of fresh fruits worldwide per year

Abu Dhabi greenlights Dhs66bn development blitz in 2024 Image Ab Dhabi Media Office

Abu Dhabi green-lights Dhs66bn development drive in 2024

Marking a significant focus on bolstering the housing sector, over Dhs59bn has been earmarked for the development of housing and public facilities throughout Abu Dhabi

UAE oman - rain - wet weather

UAE, Oman issue alerts for heavy rain and thunderstorms

Authorities in the UAE and Oman have issued a severe weather warning for Saturday, March 9

UAE - WEATHER - NCEMA

UAE: NCEMA warns of severe weather event, announces road closures

Authorities have warned of a severe weather event impacting certain parts of the UAE in the coming days

ADGM’s assets under management rose by 35% in 2023

ADGM says assets under management rose by 35% in 2023

A total of 102 asset managers, comprising investment firms and hedge funds, who manage 141 funds have set up shop in Abu Dhabi

UAE’s property market boom shows no sign of slowing

UAE’s property market shows no sign of cooling off, says CBRE

The average residential prices in Dubai surged by 20.1 per cent in the year to December, with apartment prices rising by 19.8 per cent

WTO aims for modest outcomes at Abu Dhabi meeting

WTO aims for modest outcomes at Abu Dhabi meeting

The almost 30-year-old global watchdog tries to strike deals by consensus, but such efforts are becoming more and more difficult

Abu Dhabi, Einride join forces to electrify road freight transport image supplied

Electrifying road freight: Abu Dhabi, Einride join forces

The initiative aims to decarbonise Abu Dhabi’s entire road freight transport by 30 per cent by 2030

UAE pledges $10m to support fair and inclusive trade ahead of WTO MC13 meet on Feb 26 GettyImages-1436075399-e1668747452258

WTO MC13: UAE pledges $10m to boost fair trade

The UAE is hosting the WTO’s MC13, the organisation’s highest decision-making body, as well as representatives of the 166 member states from February 26-29

Carlos Wakim on how Bloom Holding is redefining living

Real Estate Moguls: Meet Bloom Holding’s Carlos Wakim

Wakim leads operations across all of Bloom Holding’s companies, including real estate, education investments, and hospitality

How Abu Dhabi became the GCC’s poster child of smart cities

How Abu Dhabi became the GCC’s poster child of smart cities

The emirate recently signed an agreement with China’s Shenzhen to collaborate on pioneering smart city projects

Geopolitical tensions to complicate WTO deal-making in Abu Dhabi

How geopolitical tensions will complicate WTO deal-making ahead of Abu Dhabi meeting

Trade ministers will gather for a meeting in Abu Dhabi from February 26 to 29, where they will try to broker global trade agreements

How the UAE is fostering fintech innovation

How the UAE is cementing its fintech hub status

Jason Hughes, senior executive officer of eToro Middle East tells us that Abu Dhabi offers a supportive business ecosystem and a fertile investment landscape that drives growth

UAE allots $200m to fund innovation in developing nations

WGS 2024: UAE launches $200m technology fund for developing nations

The newly launched platform serves as a channel for countries worldwide to tap into the UAE’s technological expertise

Truck ban on Abu Dhabi roads Image courtesy WAM

Temporary ban on heavy vehicles entering Abu Dhabi amid Indian PM Modi’s visit

These measures are part of the authorities’ preparations to manage traffic congestion and ensure public safety during the designated period

Investcorp plans 2024 listing of GCC portfolio company

Bahrain’s Investcorp plans 2024 listing of GCC portfolio company

The alternative investment firm listed Investcorp Capital on the Abu Dhabi exchange last year, defying a depressed market for IPOs

ADNOC Gas Q4 profit rises 24 per cent Image supplied

ADNOC Gas Q4 profit jumps 24%, FY’23 income tops estimates

For FY2023, ADNOC Gas’ robust performance continued, with net income reaching $4.72bn, significantly exceeding market expectations

Zayed international Airport Image Abu Dhabi Airports

Abu Dhabi International Airport is now Zayed International Airport

The new name reflects the airport’s commitment to innovation, seamless travel experiences, and sustainability

Abu Dhabi road closure

Rolling road closure across Abu Dhabi for UAE Tour Women’s event on Sunday

The ITC has announced a rolling closure on February 11 across Abu Dhabi

ADNEC Group contribute Dhs7.4bn to the local economy

ADNEC Group’s economic contribution in 2023 tops Dhs7.4bn

The Abu Dhabi National Exhibition and Al Ain Convention Centre welcomed 1.78 million visitors, up 123 per cent from 802,000 visitors in 2022

IHC Announces Stellar Preliminary Financial Results for 2023 Image courtesy IHC X

IHC sees 18% revenue jump in 2023, as diversification pays off

Diversification into new sectors and strategic acquisitions fuelled growth, with preliminary net profit remaining strong at Dhs32.75bn

Ghitha Holding acquires 44 per cent stake in MNG Airlines Image Supplied

IHC’s Ghitha Holding acquires $211.2m stake in MNG Airlines

The acquisition strengthens Ghitha’s logistics and aviation, cementing its leadership in the regional food trading sector

ADDED, UK’s HYCAP to set up clean energy industrial complex

ADDED, HYCAP Group to build clean energy industrial complex in Abu Dhabi

The complex will specialise in industries related to hydrogen and the advancement of renewable energy sources

Abu Dhabi waterfront

Abu Dhabi property market: From Al Reef to Saadiyat Islands – 5 areas to track

While there was an increase in sales prices in several areas driven by high demand, this trend was particularly noticeable in upscale neighbourhoods offering high-end amenities