#Abu Dhabi

KFC

Gulf KFC operator seeks up to $1.8bn from Saudi, UAE IPO

The final offer price is expected to be announced on November 23 and trading on both exchanges will start December 6

Abu Dhabi real estate_GettyImages-1316754718

Abu Dhabi real estate transactions cross Dhs21.04bn in Q3 2022

Yas Island topped the list logging transactions worth Dhs1bn, while Al Saadiyat Island came in second with transactions worth Dhs929m

Hub71

Hub71, Yahsat partner to advance UAE’s mobile satellite capabilities

Hub71 startup, Mental VR, secures first contract resulting from new partnership to support Yahsat with remote learning

Middle East KFC operator set for Abu Dhabi, Riyadh dual listing

Americana Restaurants International received approval to sell a 30 per cent stake, or 2.53 billion shares

Abu Dhabi Global Market

Aliph Capital secures $125m investment from Abu Dhabi’s ADQ

Aliph Capital will seek to acquire sizeable positions in privately owned mid-market companies across the GCC

ADGM turns 7

Abu Dhabi Global Market celebrates seventh anniversary

To mark the event, ADGM chairman Ahmed Jasim Al Zaabi took a special tour to meet the international and local entities located at the financial centre

Former head of Portuguese national carrier named CEO of Etihad Aviation Group

Antonoaldo Neves succeeds Tony Douglas, who will serve during his transition period as an advisor to the board of ADQ Aviation and Aerospace Services Company

Middle East Blockchain Awards

Abu Dhabi to host inaugural Middle East Blockchain Awards

As part of Abu Dhabi Finance Week, the event will be held at Palm Garden, W Abu Dhabi – Yas Island on November 18, 2022

Al Seer Marine

IHC subsidiary Al Seer Marine enters strategic JV to build, sell and maintain marine vessels

Al Seer Marine has partnered with Dutch maritime solutions company, Damen Shipyards and Singapore-based DTec Industries

Bayanat announces intent to list on ADX

Abu Dhabi G42-owned Bayanat announces intent to list on ADX

The subscription period for the listing will open on October 21 and close on October 25

ADNOC awards $980m contract

ADNOC awards $980m contract to spur UAE’s offshore energy resources

Over 80 per cent of the contract value will flow back into the country’s economy under ADNOC’s In-Country Value programme

ADGMA School of Law launched

Abu Dhabi’s ADGM Academy launches School of Law

The School of Law will offer courses and programmes to support the advancement of legal education and professional development in the UAE

Free parking and Darb in Abu Dhabi for Prophet’s birthday

Free parking and Darb in Abu Dhabi this weekend for Prophet’s birthday

Private sector employees across the UAE will have a holiday on Saturday, October 8

Hub71

Abu Dhabi’s Hub71 appoints new deputy CEO

Ahmad Ali Alwan has been a founding member of Hub71 since 2019

Flat6Labs

Flat6Labs to debut at Gitex Global, present 24 startups under seed programme

The company will also host its Demo Day, where startups that are part of Cohort 3 of Flat6Labs Ignite will have the opportunity to present and pitch to regional venture capitalists

Further Ventures to support startups

Further Ventures launches $200m fund, backed by Abu Dhabi’s ADQ  

Further will partner with entrepreneurs, as an institutional co-founder, to launch and grow new ventures from ideation to exit

XA Group

UAE’s XA Group rolls out blockchain-based solution to end impasse over claims recovery

Abu Dhabi National Insurance Company, Emirates Insurance Company, Yas Takaful and Oriental Insurance Company are among the first to adopt the solution in the UAE

rigs

Abu Dhabi’s ADNOC Drilling acquires offshore jack-up rigs for $140m

The two new rigs will join the ADNOC Drilling fleet and commence operations by the end of the year

ADNOC's offshore operations

ADNOC, Taqa close $3.8bn deal to decarbonise offshore operations

The project is expected to reduce the carbon footprint of ADNOC’s offshore operations by more than 30 per cent

Oracle Abu Dhabi

Oracle boosts investment in Abu Dhabi with new innovation hub

The hub will act as a catalyst to inspire and empower creative ideas that will enable the digital future

Wizz Air

Wizz to have 50-plane fleet in Saudi Arabia by end of decade

Wizz as a whole is planning for a fleet of 500 aircraft by 2030

KLP21: A global benchmark for food and healthcare logistics

Scheduled to open in the coming months, AD Ports Group’s latest milestone project in KIZAD is set to be one of the largest and most advanced food and healthcare storage hubs in the region

Lyve Global

Abu Dhabi’s Lyve Global acquires majority stake in Shopini World

The acquisition is in line with Lyve’s $150m acquisition strategy to expand its digital ecosystem and geographical expansion

ADQ monetises minority stake in Taqa to Multiply Group, Abu Dhabi Pension Fund, other investors

Abu Dhabi-based Taqa has significant investments in power and water generation, transmission and distribution assets, as well as upstream and midstream oil and gas operations

Games for Change

First MENA Games for Change summit to be held in Abu Dhabi

The two-day summit will be held on October 11-12, 2022 and will connect 300 leaders across Abu Dhabi’s gaming industry

Guangzhou

Abu Dhabi’s Etihad Airways to introduce new service to Guangzhou

The airline will commence its twice-weekly flights to Guangzhou from October 10

Metaverse Holdings

Metaverse Holdings selects Dubai, Abu Dhabi as first cities in global metaverse launch

The emirates will be the first ‘utilised’ hub within the virtual world that replicates real-life experiences and places

Michelin guide abu dhabi

The first-ever Michelin Guide Abu Dhabi will debut this November

Abu Dhabi becomes the 41st destination globally for the Michelin Guide to be present in

Abu Dhabi to host its first electric vehicle assembly facility

Constructed by KIZAD, the facility is set for completion in the fourth quarter of 2022

Abu dhabi introduces service for Consumer dispute resolution

Abu Dhabi launches new consumer dispute resolution service

The service is set up to settle disputes between consumers and commercial establishments within 21 days from the date that both parties appear before the consumer dispute resolution service team