#Abu Dhabi

Tawazun Industrial Park, Yellow Door Energy pact

Tawazun Industrial Park unveils new solar power project

Tawazun said the solar park is expected to produce 7.1 million kilowatt-hours of clean energy in the first year of operation

ADNOC- Gas IPO

ADNOC Gas eyes $2bn from world’s biggest IPO this year

ADNOC is selling a 4 per cent stake in ADNOC Gas, with each of the 3.07 billion shares being offered at between Dhs2.25 and 2.43

SAWA Group and AD Gaming sign agreement photo courtesy AD Gaming twitter

AD Gaming, SAWA Group to develop Abu Dhabi’s gaming ecosystem

AD Gaming and SAWA group will help facilitate the international expansion of Chinese gaming and esports companies via Abu Dhabi

Emirates Palace

Abu Dhabi’s Emirates Palace Hotel gets a new name

The beachfront property has been officially rebranded, and includes the region’s first vegan rooms

ADGM signs MoU with Zand Bank

Abu Dhabi Global Market, Zand Bank join hands to support SMEs

The entities will jointly drive UAE national work placements and offer finance training, SME financing platforms, a fintech sandbox and corporate innovation programmes

Flash Entertainment brings Blippi The Musical to Abu Dhabi

Interview: Josh Blackburn, producer of ‘Blippi, The Musical’

The popular musical has brought Blippi, the cheerful, energetic and educational children’s character, from the screen to the stage to entertain audiences

Khalifa

Khalifa University, ADAFSA join forces to diversify food imports through AI

Khalifa University is also developing an AI platform for smart inspection, which will include an algorithm-based model

AeroFarms opens faciltiy on Abu Dhabi photo WAM

AeroFarms debuts AgX indoor vertical farm in Abu Dhabi

At 65,000 square feet, AeroFarms AgX is the largest indoor vertical farm of its kind for research and development in the world

Hub71

Abu Dhabi launches ‘Hub71+ Digital Assets’ to accelerate growth of Web3 startups

The new ecosystem will benefit from the regulated environment of Abu Dhabi Global Market

Abu Dhabi economy achieves 10.5% growth in first 9M of 2022

Abu Dhabi economy shows 10.5% growth in first nine months of 2022: SCAD

Non-oil sectors contributed 50.3 per cent to the GDP, with an increase of Dhs39bn compared to the same period in 2021 to reach Dhs417.3bn in total by the end of Q3 2022

ADNOC Drilling 2022 FY performance

ADNOC Drilling reports $802m net profit in 2022, reflecting a 33% YoY rise

ADNOC Drilling reported that its full-year earnings before interest, taxes, depreciation and amortisation touched $1.23bn

Abu Dhabi to deploy laser-based technology to measure vehicle emissions

Abu Dhabi to begin clinical trials to develop new thalassemia treatment

The trials will be conducted at Burjeel Medical City, and will include clinical, radiologic, and laboratory assessments

Aldar HQ _ the company recorded 3.1bn in net profit for 2022

Abu Dhabi-based Aldar records net profit of Dhs3.1bn in 2022

Aldar’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year

Etihad

Etihad Cargo expands European capacity

The carrier will introduce two new routes from its Abu Dhabi hub to Copenhagen in Denmark and Düsseldorf in Germany

UAE and Qatar link traffic systems

UAE and Qatar link traffic systems

The announcement was made at a meeting held in Abu Dhabi between delegates of the two countries

Web3

How Web3 is becoming a more prominent part of today’s economy

Paul Lalovich, partner at Agile Dynamics shares how Web3 Delight Riyadh is connecting global and local Web3 players for enhanced cooperation opportunities

Etihad Cargo crosses operational performance benchmarks

Etihad Cargo crosses operational performance targets in 2022

Etihad Cargo maintained a delivered-as-promised rate of 86.6 per cent, a 2.6 per cent improvement compared to the previous year

Aldar Manarat Living

Aldar unveils Manarat Living on Saadiyat Island in Abu Dhabi

Apartments are available for purchase from February 9

Abu Dhabi to deploy laser-based technology to measure vehicle emissions

Abu Dhabi to deploy laser-based technology to measure vehicle emissions

The three-week study will detect and quantify emissions from moving vehicles in real time at six locations in Abu Dhabi

Kraken

Crypto exchange Kraken shuts Abu Dhabi office, lays off 8 employees

The exchange has suspended support for transactions in the UAE’s currency, but clients in the region will still be able to use other products and services

Masdar City unveils The Link

Masdar City breaks ground on net-zero energy co-working and living space

The Link will feature a gross floor area of 30,000 square metres comprising sustainable offices, residences, visitor centre, multi-use hall and leisure amenities

Abu Dhabi Chamber launches new strategy to boost economy

Abu Dhabi Chamber launches new strategy to boost economy

The chamber has focused on six strategic objectives, in its 2023-2025 strategy

ADNOC signs deals with 23 companies

ADNOC, 23 companies ink deals for local manufacturing opportunities worth Dhs17bn

Domestic manufacturing of these products will support the ‘Make it in the Emirates’ initiative, stimulate industrial growth and create more jobs for UAE Nationals

G42 healthcare and SomaLogic

G42 Healthcare, SomaLogic bring proteomics to the GCC

G42 Healthcare plans to set up laboratory facilities in Abu Dhabi to provide Somascan proteomic services for research and clinical applications

Abu Dhabi's Etihad Airways to increase flights to Frankfurt

Abu Dhabi’s Etihad Airways to increase flights to Frankfurt

The new services will increase the total number of weekly flights to the German destination to 11

National

National Marine Dredging Group achieves 30% growth in net profit during 2022

The group’s total assets increased to Dhs16bn, an increase of 24 per cent compared with total assets at December 31, 2021

Ardian

Buyout firm Ardian to open in Abu Dhabi to tap sovereign wealth

The company, with $25bn of assets and $8bn of capital in the region, will start with 10 employees in Abu Dhabi and may look to hire more

Air Arabia Abu Dhabi launches direct flights to Amman

Air Arabia Abu Dhabi to launch direct flights to Amman

The new service will connect Abu Dhabi International Airport to Queen Alia International Airport

Wizz Air Abu Dhabi transports over 1.2 million passengers in 2022

Wizz Air Abu Dhabi transports over 1.2 million passengers in 2022

Wizz Air currently flies to a total of 36 destinations to 25 different countries from Abu Dhabi

Fourth cycle of Flat6Labs Ignite program kicks off in Abu Dhabi

Fourth cycle of Flat6Labs Ignite programme kicks off in Abu Dhabi

Startups for the fourth cycle of the programme were picked after a comprehensive selection process involving over 960 applicants from across the world