#Abu Dhabi

OpenAI secures $6.6bn investment from Abu Dhabi’s MGX, Nvidia

OpenAI’s Altman to stop in Abu Dhabi for MGX fundraising talks – report

Altman’s Abu Dhabi stop comes as the ChatGPT maker looks to raise about $40bn to fuel its model development

Ta'ziz award multi billion dirham contract to build metyhanol plant image Ta'ziz/instagram. For illustrative purposes

TA’ZIZ awards $1.7bn EPC contract for methanol plant in Abu Dhabi

Powered by clean energy, the plant will produce 1.8 mtpa of methanol and will be among the world’s most energy-efficient methanol facilities

Abu Dhabi fund ADQ, Orion joint venture to invest $1.2bn in metals, mining

Abu Dhabi fund ADQ, Orion joint venture to invest $1.2bn in metals, mining

The venture will initially invest $1.2bn over four years in mining companies in emerging markets in Africa, Asia and Latin America

Alpha Dhabi acquires majority stake in National Corporation for Tourism and Hotels

Alpha Dhabi acquires majority stake in NCTH

The transaction strengthens Alpha Dhabi Holding’s investment in the domestic and international luxury hospitality sector and involves the transfer of four key hotel assets

M42 unveils new operating structure to drive growth

UAE’s M42 restructures operations to foster growth, innovation

The healthcare firm has implemented four specialised platforms as part of its internal restructuring, which will have greater autonomy and accountability

Abu Dhabi updates restrictions on heavy vehicle movements

Abu Dhabi updates timings for heavy vehicle movement to ease traffic

Effective January 27, 2025, the updated policy restricts the movement of freight vehicles, trucks, tankers, and heavy equipment during peak hours on weekdays and Fridays

ADIO, NIP Group ink multi-year partnership to boost esport growth

ADIO, NIP Group ink multi-year partnership to boost esport growth

The five-year agreement will see NIP Group establish its global headquarters in Abu Dhabi

Abu Dhabi unveils ambitious Dhs13bn 'Digital Strategy 2025-2027'

Abu Dhabi unveils ambitious Dhs13bn ‘Digital Strategy 2025-2027’

By leveraging AI, cloud technologies, and data analytics, Abu Dhabi is set to transform the delivery of public services and optimise governmental operations

Wizz Air Abu Dhabi carries 3.5 million passengers in 2024

Wizz Air Abu Dhabi carries 3.5 million passengers in 2024

The budget carrier carried more than 1.2 million international visitors to Abu Dhabi in 2024, contributing 25 per cent to Zayed International Airport’s point-to-point traffic

Abu Dhabi’s ADIA acquires stake in Canadian Firm Innocap

Abu Dhabi’s ADIA acquires stake in Canadian Firm Innocap

The Canadian platform has identified the Middle East as a key growth market and plans to open an office in Abu Dhabi in 2025

ADNOC Gas awards $2.1bn LNG supply infrastructure contracts

ADNOC Gas invests $2.1bn to advance LNG supply infrastructure

The three contracts are part of the $15bn CAPEX that ADNOC Gas plans to invest through 2029

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

As the UAE real estate market continues to evolve, both cities are showing resilience and growth, positioning the region as a dynamic and attractive destination for global investors

Aldar Properties marks milestone, issues $1bn hybrid notes

The success of this hybrid issuance underscores the growing investor confidence in its ability to deliver on its transformational growth strategy

Ethara, Oak View Group assume operations of Zayed Sports City

Ethara, Oak View Group assume operations of Zayed Sports City

Coldplay will perform at the iconic venue on January 9, 11, 12, and 14, 2025, as part of their global ‘Music of the Spheres’ World Tour

Abu Dhabi sets up ADRA to streamline business licencing procedure

Abu Dhabi sets up ADRA to streamline business registration

The authority will develop a unified database consolidating data on economic establishments across Abu Dhabi’s mainland and its non-financial free zones

Abu Dhabi’s Etihad Airways posts 66% rise in nine-month profit

Etihad Airways flight aborts take-off in Melbourne, all passengers safe

Flight EY461, carrying 271 passengers, was accelerating for departure to Abu Dhabi when the flight crew opted to reject take-off owing to a technical issue

Abu Dhabi’s GDP grows 4.5% in Q3 '24, led by non-oil sector

Abu Dhabi GDP grows 4.5% in Q3 ’24, led by non-oil sector

For the first three quarters of 2024, Abu Dhabi’s GDP grew by 3.9 per cent, with non-oil activities contributing a 5.9 per cent increase

NYE 2025 Abu dhabi announces toll waiver on Jan 1 image-courtesy-WAM

NYE 2025: Abu Dhabi announces free parking, toll waiver

Toll fees will be reinstated on January 2 during peak hours, from 7 am to 9am. and 5pm to 7pm

NYE 2025: Watch fireworks at these spots in the UAE

NYE 2025: Watch fireworks at these spots in the UAE

Whether you’re in the heart of Dubai, the mountains of Hatta, or along the beaches of Abu Dhabi and Sharjah, the UAE promises a New Year’s Eve filled with fabulous fireworks and festivities

Abu Dhabi: EAD launches carbon MRV programme to advance climate action

Abu Dhabi: EAD launches carbon MRV programme to advance climate action

EAD’s MRV programme represents a key step in advancing Abu Dhabi’s climate goals while supporting the UAE’s Net Zero by 2050 commitment

AD Ports group completes major restructuring after Noatum acquisition mage-courtesy-AD-Ports-Group

AD Ports Group completes major restructuring following Noatum integration

This year, AD Ports Group entered Drewry International’s rankings of the world’s 20 largest container port operators and achieved 40th place in Lloyd’s List Top 100 global rankings

Crown Prince of Abu Dhabi Khaled bin Mohamed bin Zayed inaugurates CMA Terminals Khalifa Port image courtesy wam

Abu Dhabi Crown Prince inaugurates CMA Terminals Khalifa Port

With the addition of CMA Terminals Khalifa Port, the facility’s annual container capacity has surged by 23 per cent, bringing the total to almost 10 million TEUs

US private credit firm Golub Capital to set up base in Abu Dhabi

US private credit firm Golub Capital to set up base in Abu Dhabi

Golub, which had more than $70bn of capital under management as of October 1, has received preliminary approval for a licence to operate out of the Abu Dhabi Global Market

‘Make Bitcoin Great Again’: Eric Trump attends Abu Dhabi crypto gathering

Speakers at the two-day Abu Dhabi event include Trump’s son Eric as well as billionaire Steve Witkoff, the new White House envoy for the Middle East and co-founder of World Liberty Financial

Space42 teams up with ICEYE to manufacture SAR satellites in UAE

Space42 teams up with ICEYE to manufacture SAR satellites in UAE

The venture seeks to address the growing demand for high-resolution imagery and data from SAR satellites, which can be applied across various use cases

Polen Capital to open Abu Dhabi office in Middle East expansion push

Polen Capital to open Abu Dhabi office in Middle East expansion push

The $63bn assets management firm will join other global asset managers and hedge funds in setting up in the ADGM

Google, Hub71 partner to launch startup programme in 2025

Google, Hub71 partner to launch startup programme in 2025

By leveraging Google’s network and resources, Hub71 is set to provide a robust foundation for its startups to scale, innovate, and contribute to the UAE’s economy

AIX Racing brings the win home

AIX Racing brings the win home

The success at AIX Racing’s home ground is a moment of immense pride, marking a defining chapter in the team’s journey

Mubadala has $330bn in assets under management, says CEO

Mubadala Investment Company CEO, Khaldoon Al Mubarak, revealed the figure during the Milken Institute Middle East and Africa summit

Uber’s autonomous rides now available in Abu Dhabi

Uber’s autonomous ride-hailing service now available in Abu Dhabi

The service will use self-driving vehicles to provide smart mobility solutions in various areas of Abu Dhabi, including Saadiyat Island and Yas Island