The 3D mega seismic survey, which began in late 2018, covers a vast 85,000 square kilometres across onshore and offshore areas in Abu Dhabi
The initiative aims to reduce transportation costs, ease traffic congestion, and offer a more sustainable travel option for commuters between the two emirates
With more than 2,000 entities, including 231 financial services firms, ADGM remains the MENA region’s only financial centre applying English Common Law directly
ADNOC said early this month it had struck a deal to buy Covestro for $16.3bn, including debt, the energy giant’s biggest-ever acquisition
Tokenised Treasuries are a growing segment of the crypto market, with a market capitalisation of $2.4bn on public blockchains
The growth in passenger traffic was more pronounced in Q3 2024, with Abu Dhabi airports serving 7.7 million passengers
With immigration centres experiencing high turnout as the initial deadline approached, authorities decided to extend the grace period
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
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).
The sale includes nine GEnx engines for the Boeing 787 aircraft and five GP7200 engines for the Airbus A380
Abu Dhabi’s first Mandarin Oriental Residences will be situated in Saadiyat Cultural District among world-class museums, fine dining and entertainment venues
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’s dominance in the SWF sector is not only due to its sheer capital but also its strategic investments and diversification across industries
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
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
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
Al Masaood Automobiles celebrated the Nissan Patrol’s spectacular world premiere in Abu Dhabi in September
The finance and insurance sector registered a record 13.4 per cent growth in Q2 2024, contributing 7.4 per cent to the GDP
The deal marks a cornerstone for ADNOC’s plans to grow its petrochemicals business along with gas and renewable energy
The band has broken records at venues worldwide, praised for their high-energy performances and sustainability efforts
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 Sheikh Mohamed bin Zayed Al Nahyan met with US Commerce Secretary Gina Raimondo to discuss expanding bilateral collaboration.
ADQ is fully owned by the Abu Dhabi government, which holds more than 90 per cent of the United Arab Emirates’ oil reserves
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
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
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
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
The deal seeks to unlock greater value for both parties and boost Abu Dhabi’s global appeal
The infrastructure investments will be chiefly in the US and the remainder in its partner countries
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