#Abu Dhabi

Abu Dhabi’s tech hub Hub71 attracts $130m in startup investment

Hub71 startups attract $130m in investment; here’s who made it to cohort 15

Cohort 15 startups will benefit from up to Dhs250,000 worth of in-kind incentives and Dhs250,000 in cash for equity through a SAFE note

Dubai, Abu Dhabi rankings rise global real estate transparency index: JLL

Dubai, Abu Dhabi rise in global real estate transparency index

Dubai and Abu Dhabi have continued to enhance their data and service offerings through the REST and DARI platforms

ADNOC signs multi-year LNG supply agreement with IndianOil

ADNOC signs multi-year LNG supply agreement with IndianOil

The LNG will primarily come from the state-owned energy firm’s lower-carbon Ruwais LNG project

Tourism’s share to UAE GDP seen at Dhs450bn by 2031

Tourism’s share of UAE GDP to hit Dhs450bn by 2031

The sector’s contribution to the economy rose by 11.7 per cent to Dhs220bn last year and is forecasted to rise to 12 per cent or Dhs236bn in 2024

ADQ to manage Abu Dhabi's DARB, Mawaqif toll systems

ADQ to manage Abu Dhabi’s DARB, Mawaqif systems

This move is part of the holding company’s broader strategy to develop cluster ecosystems and foster long-term value creation

Wizz Air to launch launch long haul route from Abu Dhabi to Milan in 2025 Pic for illustrative purposes

Wizz Air launches first long-haul service from Abu Dhabi to Milan

Starting June 2, 2025, the daily direct flights will be operated by the airline’s new Airbus A321XLR aircraft, offering fares from as low as Dhs429

Aldar launches new luxe villa community on Yas island

Aldar unveils new luxe villa community on Yas island

According to the developer, 151 four-, five-, and six-bedroom canal-front and canal-accessible villas will be available to buyers from September 13 

flynas launches flights to abu Dhabi and Sharjah Image flynas

Saudi’s flynas launches flights to Abu Dhabi, Sharjah

The airline recently announced its expansion plan to add eight new destinations and routes to its UAE network

Abu Dhabi, Dubai launch unified parking permit system

Abu Dhabi, Dubai launch unified parking permit system

The electronic platform establishes a centralised database for parking permits issued to people of determination in Abu Dhabi and Dubai

Abu Dhabi's MAIR Group poised to list shares directly on ADX

ADX sees ETF trading net Dhs1.86bn from Jan to Aug

The exchange reported a trading volume of approximately 450.7 million ETF units across 19,853 transactions during this period

ADQ joins forces with ne’ma to combat food waste

Abu Dhabi fund ADQ joins forces with ne’ma to combat food waste

ne’ma drives policy change and initiates projects to address the root causes of food waste

Abu Dhabi - ADREC

ADREC: Abu Dhabi launches rental index

The rental index, accessible via the ADREC website, offers reliable and up-to-date data on residential, commercial, and industrial properties

ADGM says company registrations up 31% in H1 2024

ADGM says company registrations up 31% in H1 2024

The financial hub issued 1,271 new licences in H1 2024, a 20.5 per cent increase compared to the corresponding period a year ago

ADNOC Group’s listed units post Dhs89bn in combined H1 2024 revenue

ADNOC Group’s listed units post Dhs89bn in combined H1 2024 revenue

The robust performance reinforces the companies’ foundation for sustained growth as they continue to execute individual strategies

Izmir port

Abu Dhabi in talks with TWF for $500m Izmir Port deal: Reports

Izmir Port, part of the the Turkish Wealth Fund portfolio, is among the largest ports in Turkey in terms of container volume

ADNOC GAS reports Q2 2024 results Habshanstaff

ADNOC Gas Q2 net income rises 21% to $1.19bn

The company’s revenues for the quarter reached $6.8bn, up 13 per cent YoY, marking the third consecutive quarter with revenues exceeding $6bn

Etihad reports record $232m profit in H1 2024

Abu Dhabi’s Etihad posts record $232m half-year profit

The national airline carried 8.7 million passengers in the January-June period, a 38 per cent increase compared to the same period last year

Abu Dhabi fund Mubadala’s assets surge to $302bn

UAE real estate market thrives in Q2 2024: Key highlights

The UAE real estate market’s continued growth across the emirates is being driven by strong economic fundamentals, government initiatives, and strategic investments, according to Asteco’s latest report

Abu Dhabi’s IHC reports 18% jump in first half profit

Abu Dhabi’s IHC reports 18% jump in first half profit

The holding firm’s financial position is backed by its total assets of Dhs362.9bn as of June 30

IHC launches Rorix Holdings GettyImages-1278411757

IHC’s new firm Rorix Holdings to accelerate trade

The new company will provide comprehensive services and advanced solutions designed to accelerate trade volumes, attract foreign investment, and promote economic partnerships

rain-abu dhabi

UAE: Weather alert issued by NCM as rain, dust storm hits emirates

The NCM warned motorists and residents to exercise caution in areas seeing heavy rainfall

Emirates Park Zoo and Resort

From vision to reality: The transformational journey of Emirates Park Zoo and Resort

The Emirates Park Zoo and Resort has evolved from being a modest petting zoo to being home to over 220 wildlife animals

Mohammed Yahya, UAE’s first UFC fighter gears up for Aug 3 showdown

Mohammed Yahya, UAE’s first UFC fighter, gears up for Aug 3 showdown

Mohammed Yahya, the first Emirati fighter in the UFC, says he is all set to take on Brazilian Kaue Fernandes in Abu Dhabi on August 3, at the Etihad Arena

Alpha dhabi reports H1 2024 results Image courtesy WAM

Alpha Dhabi reports Dhs6.7bn in net profit for H1 2024

Despite a decrease in total gains to Dhs2bn, attributed to the de-recognition of PureHealth in 2023 and the adoption of corporate tax in the UAE, the group’s overall net profit remained strong

Abu Dhabi's Sanad, Airbus announce partnership for MRO services

Abu Dhabi’s Sanad, Airbus announce partnership for MRO services

The agreement covers the Rolls Royce Trent 700, International Aero Engines V2500-A5 and CFM LEAP-1A engine platforms

Aldar group reports robust h1 2024 performance image-Aldar

Aldar net profit surges 57% in H1 2024, revenue up by 73%

The company achieved a revenue of Dhs10.9bn, up 73 per cent YoY and EBITDA of Dhs3.9bn

The co-CEO says Abu Dhabi’s strategic location, aviation infrastructure and robust regulatory framework, presents unparalleled expansion opportunities

James Farley on how Victor is revolutionising business aviation

The co-CEO says Abu Dhabi’s strategic location, aviation infrastructure and robust regulatory framework presents unparalleled expansion opportunities

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

Abu Dhabi property market soars in H1 2024, shows new report

According to Bayut’s report, Abu Dhabi real estate market demonstrated a strong performance in H1 2024, making it an attractive option for local and international investors

Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects

Masdar raises $1bn through second green bond issuance

Investor demand was strong, with the order book peaking at $4.6bn, representing an oversubscription rate of 4.6 times

CFI joins forces with DCT Abu Dhabi to sponsor local events

CFI will support key events such as the NBA Abu Dhabi Games and the USA Basketball Showcase, which bring top-tier NBA and international basketball to the region.