#Abu Dhabi

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

Teh sustainable City - Yas Island first phase sold out

The Sustainable City – Yas Island’s first phase sold out, sales value crosses Dhs1bn

A total of 512 homes were available during the first phase of the project, with 76 per cent of the units purchased by expatriates, of which 24 per cent were overseas investors

First food grade plastic recycling facility to be set up in the UAE Photo WAM

UAE to set up first food-grade plastic recycling facility

The 12,000 tonnes per annum polyethylene terephthalate recycling plant has been earmarked for Abu Dhabi

Etihad Airways to double flights on Abu Dhabi-Jakarta route

Etihad Airways to double flights on Abu Dhabi-Jakarta route

The flights will be operated using Etihad’s fleet of Boeing B787 and B777 aircraft

Masdar

UAE’s Masdar targets $750m bond sale

The firm plans to grow its renewables capacity five-fold by the end of the decade

Etihad airways, Satavia sign contract

UAE’s Etihad, UK-based Satavia sign contrail management contract

Aircraft-generated condensation trails, or contrails, cause surface warming responsible for up to two-thirds of aviation’s climate impact

ADNOC begins work on new carbon capture and storage project

Abu Dhabi’s ADNOC begins work on new carbon capture and storage project

Once operational, the project will initially fully sequester a minimum of 18,000 tons per annum of carbon dioxide

Abu Dhabi opens new clinical trials unit to boost medical research

The new unit will conduct research and trials focused on key disease areas

KPMG

KPMG Lower Gulf signs partnership with Abu Dhabi’s G42 Cloud

The alliance is expected to help organisations achieve meaningful business outcomes while leveraging cross-functional capabilities

UAE and US form Expert Group to govern PACE Photo_WAM

UAE, US form ‘Expert Group’ to govern Partnership for Accelerating Clean Energy

UAE and US officials announced that $20bn will be allocated to fund 15 new gigawatts (GW) of clean and renewable energy projects in the US before 2035, led by UAE’s Masdar and a consortium of US private investors

World Future Energy Summit is hosted by Masdar and is part of Abu Dhabi Sustainability Week

Abu Dhabi Sustainability Week 2023: World Future Energy Summit opens on Jan 16

A summit highlight is the new one-day ENOWA ENACT conference on January 17 from the energy, water, and hydrogen subsidiary of NEOM

Mubadala acquires Dental Care Alliance _ photo pexels for illustrative purposes

UAE’s Mubadala acquires US-based Dental Care Alliance

Dental Care Alliance has approximately 5,400 employees, including over 885 dentists in 22 states, and welcomes over 3.5 million patient visits per year

Atlantic Council Global Energy Forum 2023 @ADSW 2023

Abu Dhabi Sustainability Week: Energy security, strategies take centre stage at Global Energy Forum

Organised by the Atlantic Council, the forum is being held in partnership with the UAE Ministry of Energy & Infrastructure, ADNOC, Mubadala, TAQA, and Emirates Nuclear Energy Company

Etihad announces Global Sale 2023

UAE-based Etihad Airways’ annual Global Sale kicks off

Travellers can enjoy special sale fares to select destinations, with the Global Sale running until January 20, for travel between January 18 and June 15 this year

Aldar Properties launches net zero plan to decarbonise its business

Net zero goals: Here’s how Abu Dhabi’s Aldar aims to decarbonise its business

The plan includes a detailed roadmap to achieve Net Zero in Scope 1, Scope 2 and Scope 3 emissions by 2050

Ferrari

Ferrari World Abu Dhabi’s new mega-coaster is now open to public

Mission Ferrari brings the park’s offerings to over 44 Ferrari-inspired attractions

Mubadala

Mubadala, US-based Resilience to manufacture biopharma in UAE

As part of the agreement, Mubadala will construct the new facility, where Resilience will manufacture biopharmaceutical-related products

ADNOC

Abu Dhabi’s ADNOC sets up new gas processing, operations and marketing entity

ADNOC Gas will serve domestic and international customers with an expanding portfolio of gas products

ADIB increases ownership in ADIB Egypt

Abu Dhabi Islamic Bank raises stake in ADIB Egypt

The bank’s ownership in the Egyptian unit has risen to 52.607 per cent