#Abu Dhabi

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

International Conference on Women, Peace and Security to be held in Abu Dhabi

The aim of the conference is to review the achievements and challenges relating to the implementation of UN Security Council Resolution 1325

Abu Dhabi: Light aircraft crashes in parking lot of Sheikh Zayed Grand Mosque

The pilot suffered a minor injury and was taken to the hospital for necessary treatment

Global CCS Institute Opens First Regional Headquarters at Masdar City

Global Carbon Capture and Storage Institute opens first Middle East HQ in Masdar City

The institute joins other key organisations based in Masdar City, including the International Renewable Energy Agency, Mohammed Bin Zayed University for Artificial Intelligence and Emirates Nuclear Energy Company

Hub71 startups

Abu Dhabi’s Hub71 accepts second cohort of tech startups

The second cohort includes 16 startups that have collectively raised more than $67m in funding

coach_ programme_Courtesy Unsplash

Abu Dhabi Sports Council announces coach programme for 12 different sports

The course is open for both physical education teachers in government schools and private academies, and includes football, volleyball, basketball, water sports, cycling, athletics, archery and judo

Abu Dhabi blockchain

Abu Dhabi outlines blockchain and virtual assets strategy

The Abu Dhabi Blockchain and Virtual Assets Committee emphasised the significance of regulating blockchain and virtual asset operations to adhere to anti money laundering

Bicycles and electric bikes

Abu Dhabi: Violators of bicycles, electric bikes regulations to face fine b/w Dhs200-500

The goal is to implement the highest standards of security and safety

MBZUAI welcomes students from 25 countries

Mohamed bin Zayed University of Artificial Intelligence welcomes 127 students from over 25 countries

Around 32 per cent of the new students are female, in keeping with the university’s mission to encourage more women to continue their post-graduate education and enter academia or research

Al Bateen Executive Airport reopens after refurbishment

Abu Dhabi’s Al Bateen Executive Airport reopens following major refurbishment

The project involved upgrading and refurbishing the airfield ground lighting to certify the airport to operate Code 4D aircraft

SEHHI programme launched in Abu Dhabi to encourage healthy food choices

Abu Dhabi Public Health Centre launches SEHHI programme for the community

The SEHHI programme seeks to encourage the community to consume healthy food and improve eating habits

hub

Abu Dhabi to host one of region’s largest food and healthcare storage hubs

The hub will comprise four warehouses with over 80,000m2 of capacity

World of Farming

UAE venture builder hatch & boost launches agritech startup World of Farming

World of Farming is introducing a first-of-its-kind hydroponic fodder farming methodology for the meat and dairy industry to the Middle East market

Showcasing Abu Dhabi as a prime global sporting and entertainment hub

Interview: How Flash Entertainment is showcasing Abu Dhabi as a global sporting and entertainment hub

John Lickrish, CEO of flash entertainment, tells us how the company continues to play a big role in Abu Dhabi’s recent foray into the fast-paced world of esports

Non-oil trade

Abu Dhabi’s non-oil foreign trade amounts to Dhs124bn in H1 2022

Abu Dhabi registered a 26 per cent growth in exports valued at Dhs49.5 billion during this period

Syed Basar Shueb, IHC’CEO

International Holding Company’s H1 2022 net profit rises 137 per cent to Dhs10.35bn

The holding company’s revenue grew by 121 percent to Dhs21.93bn in the first six months of 2022