#Abu Dhabi

Abu Dhabi GDP

Abu Dhabi sees strong non-oil trade growth amid diversification push

The latest data from the statistics authority shows that non-oil foreign trade grew by more than Dhs281.9bn in 2023

Highest rain levels recorded in UAE since records began in 1949

Large storms, buoyed by a low pressure cell, swept into the UAE on Tuesday, sparking off widespread flooding

DUBAI -RAINFALL-WEATHER

Second wave of thunderstorms hit UAE: Dubai sees heavy rainfall

Adverse weather conditions may persist into Wednesday morning with convective clouds over coastal areas

Microsoft Invests $1.5 Billion in Abu Dhabi’s G42 Image supplied

Microsoft invests $1.5bn in UAE’s G42 to power AI adoption

Both companies will support the establishment of a $1bn fund for developers to help drive innovation and competitiveness in the UAE and the broader region

UAE - WEATHER - RAIN-NCEMA

Rainy weather forecast across UAE: NCM

Mariners and sea-goers are also urged to exercise caution as rough seas are forecasted due to unstable weather conditions during this period

Abu Dhabi approves first housing and benefits package of the year Image WAM

Abu Dhabi approves Dh2.18bn housing package for citizens

The package was approved under the directive of UAE President Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi

dubai fireworks

Eid al Fitr 2024 fireworks across UAE: Where to watch it in Dubai and Abu Dhabi

From Dubai’s Global Village to Yas Island in Abu Dhabi, fireworks will light up the night sky to mark Eid al Fitr 2024

Etihad Airways to fly to Al Qassim from June Image Etihad Airways

Etihad to debut flights to this new Saudi destination

In addition to the Al Qassim route, Etihad Airways will increase frequencies to various destinations, including Antalya and Jaipur, starting June 15

Traffic fine discount - Abu Dhabi - UAE

Abu Dhabi announces road closures, traffic rule change

Motorists should be aware of changes to traffic movement and road closures announced by Abu Dhabi’s transport regulatory authority

Abu Dhabi

Abu Dhabi private sector sees robust growth, value hits Dhs338.9bn in 2023

The sector’s ongoing contributions to Abu Dhabi’s GDP were shared by ADDED and ADIO at the second edition of their Al Multaqa meeting held recently

Easylease acquires 60 per cent of United trans

IHC’s EasyLease acquires 60% stake in United Trans, expands interest in mobility sector

By combining their expertise, EasyLease and United Trans aim to deliver a wider range of enhanced mobility solutions to customers across the GCC and MENA regions

UAE’s Jubail Island Investment Company unveils $1.09bn beachfront community in Abu Dhabi

Owned by JIIC, Jubail Island is set to become a premier residential destination, housing six residential villages amidst the rich biodiversity of the mangroves

ADQ launches Arcera

Abu Dhabi’s ADQ launches Arcera to boost life sciences sector

Arcera plans to double its revenue within five years through strategic acquisitions and partnerships

Etihad launches flights to boston(web size)

Abu Dhabi’s Etihad Airways debuts flights to Boston

Boston joins Chicago, New York and Washington as Etihad’s fourth destination in the US

Louvre

Louvre Abu Dhabi draws over 1.2 million visitors in 2023

Since its opening in 2017, the Louvre Abu Dhabi has not only attracted art enthusiasts and collectors but also positioned the emirate as a global cultural hub

Cheyne Capital secures investment from Abu Dhabi’s ADIA

Abu Dhabi unveils new Dhs3.5bn residential project for citizens

The Yas Canal project in Abu Dhabi will comprise 1,146 residential villas for UAE Nationals and is scheduled for completion in Q4 2027

Cloud seeding in the UAE AL AIN, UNITED ARAB EMIRATES - JANUARY 31: Ground engineers restocking one of the UAE's National Center of Meteorology cloud-seeding planes with new Hygroscopic salt flares on January 31, 2024 in Al Ain, United Arab Emirates. Cloud seeding is a weather modification technique that employs chemicals to stimulate the formation of ice crystals or raindrops within clouds. Although cloud seeding has been in use since 1947, its significance has grown, particularly for arid regions like the UAE. The country, with its own National Center of Meteorology and Seismology deploying planes for cloud seeding, has invested in the technology as an immediate solution to address challenges related to water scarcity. (Photo by Andrea DiCenzo/Getty Images)

Key cloud-seeding project kicks-off in Abu Dhabi

This project aligns with UAEREP’s mission to foster capacity building and knowledge exchange within the rain enhancement science research community

Nobu Residences Abu Dhabi_Penthouse Villa Terrace

Abu Dhabi’s most expensive penthouse is sold, here’s what it cost

The unit sets a new benchmark for price per square metre at more than Dhs96,000 per square metre and is the most expensive apartment ever sold in Abu Dhabi

Alpha Dhabi completes sale of 3 hotels to NCTH

IHC’s Alpha Dhabi consolidates hotel business with NCTH deal

The transaction adds St Regis Saadiyat, Al Wathba Luxury Collection and ultra-luxury Cheval Blanc in the Maldives to NCTH’s portfolio of hotel assets

Nouran Living by Aldar launches in Abu Dhabi Image: Aldar

Community takes centre stage at Aldar’s new Nouran Living

Construction on Nouran Living is set to begin in Q4 this year, with handovers expected in Q4 2027

Abu Dhabi AI group G42 unveils new AI tool BoardNavigator

How Abu Dhabi’s G42 is bringing AI to the boardroom

BoardNavigator will be able to analyse large proprietary and public data sets to support board members in decision-making processes

Archer Aviation to build vertiport network in UAE

How the UAE is ramping up plans to launch flying taxis

The use of electric vertical take-off and landing aircraft is expected to reduce travel times between Dubai and Abu Dhabi to 30 minutes

Abu Dhabi pushes deeper into AI with new investment firm

Abu Dhabi pushes deeper into AI with new investment firm

MGX counts Abu Dhabi wealth fund Mubadala Investment Company and Group 42 as its founding partners

Abu Dhabi’s Unifrutti expands footprint with fresh acquisitions

Abu Dhabi’s Unifrutti eyes further Latam growth after fresh acquisitions

The company is owned by Abu Dhabi wealth fund ADQ and distributes 500,000 metric tonnes of fresh fruits worldwide per year

Abu Dhabi greenlights Dhs66bn development blitz in 2024 Image Ab Dhabi Media Office

Abu Dhabi green-lights Dhs66bn development drive in 2024

Marking a significant focus on bolstering the housing sector, over Dhs59bn has been earmarked for the development of housing and public facilities throughout Abu Dhabi

UAE oman - rain - wet weather

UAE, Oman issue alerts for heavy rain and thunderstorms

Authorities in the UAE and Oman have issued a severe weather warning for Saturday, March 9

UAE - WEATHER - RAIN-NCEMA

UAE: NCEMA warns of severe weather event, announces road closures

Authorities have warned of a severe weather event impacting certain parts of the UAE in the coming days

ADGM’s assets under management rose by 35% in 2023

ADGM says assets under management rose by 35% in 2023

A total of 102 asset managers, comprising investment firms and hedge funds, who manage 141 funds have set up shop in Abu Dhabi

UAE

UAE’s property market shows no sign of cooling off, says CBRE

The average residential prices in Dubai surged by 20.1 per cent in the year to December, with apartment prices rising by 19.8 per cent

WTO aims for modest outcomes at Abu Dhabi meeting

WTO aims for modest outcomes at Abu Dhabi meeting

The almost 30-year-old global watchdog tries to strike deals by consensus, but such efforts are becoming more and more difficult