#Abu Dhabi

Dubai, Abu Dhabi lead global talent entry rankings, reveals report image WAM

Dubai, Abu Dhabi lead global talent entry rankings, reveals report

As Dubai and Abu Dhabi continue to lead in attracting global talent, their focus on innovation and sustainability positions them as vital players in an evolving economic landscape

David Heard, a pioneer of Abu Dhabi’s oil industry, passes away at 85

Heard’s career saw him rise to become a representative of Abu Dhabi Petroleum Company (ADPC) to the UAE government and later an advisor to the Supreme Petroleum Council (SPC).

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

The sale includes nine GEnx engines for the Boeing 787 aircraft and five GP7200 engines for the Airbus A380

Aldar Mandarin Oriental partner to bring exclusive branded residences to Saadiyat Island

Mandarin Oriental to bring exclusive branded residences to UAE capital

Abu Dhabi’s first Mandarin Oriental Residences will be situated in Saadiyat Cultural District among world-class museums, fine dining and entertainment venues

How Irfan Tansel is fuelling Al Masaood’s innovative spirit

Driving the future: Irfan Tansel on why innovation can’t slow down

The CEO believes the future of the automotive industry depends on its ability to deliver cutting-edge mobility solutions through innovation, diversification, and technological adaptation

Abu Dhabi tops global ranking of cities managing SWF capital

Abu Dhabi tops global ranking of cities managing SWF capital

Abu Dhabi’s dominance in the SWF sector is not only due to its sheer capital but also its strategic investments and diversification across industries

ADNH Catering sets IPO price range, seeks to raise Dhs864m

ADNH Catering eyes serving up Dhs864m in IPO offering

The indicative share price of Dhs0.91 and Dhs0.96 per share implies a market valuation of around $588m at the top of the range

TAQA prices $1.75bn dual-tranche bond offering, includes green bond

TAQA prices $1.75bn dual-tranche bond offering, includes green bond

The company has now secured a total of $1.85bn in green financing since 2023, supporting its ongoing decarbonisation efforts and expansion of its low-carbon energy portfolio

Abu Dhabi's family offices are key contributors to the emirate's economy GettyImages-1239915485

How family offices are driving growth, diversification in Abu Dhabi

Family offices, in partnership with the public sector, will remain at the heart of the growth and transformation being seen in the emirate, as it continues to thrive across key industries and beyond

Nissan Patrol makes its global debut in Abu Dhabi

New Nissan Patrol makes its global debut in Abu Dhabi

Al Masaood Automobiles celebrated the Nissan Patrol’s spectacular world premiere in Abu Dhabi in September

Abu Dhabi’s non-oil economy grew 6.6% in Q2 2024

Abu Dhabi’s non-oil GDP surges by 6.6% in Q2 2024

The finance and insurance sector registered a record 13.4 per cent growth in Q2 2024, contributing 7.4 per cent to the GDP

ADNOC to buy German chemicals firm Covestro for $18bn

ADNOC to buy German chemicals firm Covestro for $18bn

The deal marks a cornerstone for ADNOC’s plans to grow its petrochemicals business along with gas and renewable energy

Chris Martin of Coldplay performs onstage at the 2024 iHeartRadio Music Festival at T-Mobile Arena on September 21, 2024 in Las Vegas, Nevada.

Coldplay fever grips UAE as band announces fourth Abu Dhabi gig

The band has broken records at venues worldwide, praised for their high-energy performances and sustainability efforts

Abu Dhabi's SCFEA grants new O&G concession in Al Dhafra to PETRONAS

Malaysia’s PETRONAS lands oil and gas exploration deal in Abu Dhabi

The Onshore Block 2 concession in Al Dhafra covers an area of 7,320 square kilometres, with PETRONAS holding 100 per cent of the exploration rights

UAE President, US Commerce Secretary discuss MGX’s $30bn AI fund

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with US Commerce Secretary Gina Raimondo to discuss expanding bilateral collaboration.

Abu Dhabi real estate market trends for H1 2024 according to Bayut's findings Image_Getty Images

Abu Dhabi wealth fund ADQ sells $2bn bond

ADQ is fully owned by the Abu Dhabi government, which holds more than 90 per cent of the United Arab Emirates’ oil reserves

Aldar unveils Dhs1.5bn hospitality transformation in Abu Dhabi

Aldar unveils Dhs1.5bn hospitality transformation in Abu Dhabi

The initiative will introduce upscale hotel brands to the emirate, with the Eastern Mangroves hotel set to be rebranded as a Waldorf Astoria luxury resort

G42 partners with NVIDIA on next-gen climate solutions

G42 partners with NVIDIA on next-gen climate solutions

The two firms will develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up an operational base and climate tech lab in Abu Dhabi

AD Ports Group refinances $Dhs2.5bn debt -Image-WAM

AD Ports Group refinances $2.25bn debt, cuts borrowing costs

The new facilities will give the group the flexibility to time its return to the debt capital markets in line with its stated strategy to utilise bonds as the predominant long-term funding vehicle

Polus Capital Management wins ADIA investment

Polus Capital Management secures ADIA investment

The investment follows the US Federal Reserve’s first interest rate cut in four years, which is expected to boost companies with balance sheet concerns

Abu Dhabi’s Mubadala, Aldar deepen ties with Dhs30bn JVs

Abu Dhabi’s Mubadala, Aldar deepen ties with Dhs30bn JVs

The deal seeks to unlock greater value for both parties and boost Abu Dhabi’s global appeal

MGX, Microsoft, BlackRock team up to launch $30bn AI fund

Abu Dhabi’s MGX, Microsoft, BlackRock partner to launch $30bn AI fund

The infrastructure investments will be chiefly in the US and the remainder in its partner countries

UAE’s G42, Microsoft to build two data centres in Abu Dhabi

UAE’s G42, Microsoft to build two AI centres in Abu Dhabi

The first centre will develop and advance best practices and industry standards for the responsible use of AI in the Middle East and the Global South

Etihad Airways sees rise in pax traffic in August

Abu Dhabi’s Etihad transports 12 million passengers in 8 months

Etihad’s operating fleet rose to 95 from 79 in the same period last year

Abu Dhabi launches green bus service

Abu Dhabi launches green bus service

This launch is part of a broader effort to transform Abu Dhabi Island’s public transport infrastructure

Yas Island Airport Lounge unveiled at Zayed International Airport

Yas Island debuts arrival lounge at Zayed International Airport; details here

Yas Island Lounge will welcome visitors headed to the destination with all the information they need to start planning their adventure

Abu Dhabi’s MGX in talks to invest in OpenAI: WSJ reports

Abu Dhabi tech investment firm MGX in talks to invest in OpenAI: WSJ reports

The creator of ChatGPT is in talks to raise $6.5bn from investors at a valuation of $150bn

Emirates Development Bank (EDB) launches AGRIX accelerator programme

Emirates Development Bank launches AGRIX accelerator programme

The 20-week programme will provide farmers, agribusinesses, and technology providers with specialised financial solutions and advanced agri-tech tools

Abu Dhabi: Mair Group for Strategic Investments launches operations

Abu Dhabi: Mair Group for Strategic Investments launches operations

Mair Group’s assets include Makani Real Estate Company, which operates a diverse chain of community shopping centres, and SPAR for retail, which has been active in Abu Dhabi for over a decade

PGIM opens Abu Dhabi office, joining money managers’ rush to UAE capital

PGIM opens Abu Dhabi office, joining money managers’ rush to UAE capital

The investment management firm said it has served clients in the Middle East for many years, but Abu Dhabi office would be its first in the region