#Abu Dhabi

AIX Racing brings the win home

AIX Racing brings the win home

The success at AIX Racing’s home ground is a moment of immense pride, marking a defining chapter in the team’s journey

Mubadala has $330bn in assets under management, says CEO

Mubadala Investment Company CEO, Khaldoon Al Mubarak, revealed the figure during the Milken Institute Middle East and Africa summit

Uber’s autonomous rides now available in Abu Dhabi

Uber’s autonomous ride-hailing service now available in Abu Dhabi

The service will use self-driving vehicles to provide smart mobility solutions in various areas of Abu Dhabi, including Saadiyat Island and Yas Island

ADNOC, PETRONAS finalise 15-Year LNG sales agreement for Ruwais Project

ADNOC, PETRONAS finalise 15-Year LNG sales deal for Ruwais Project

The Ruwais LNG facility is poised to make history as the first LNG export terminal in the region to be powered by clean energy

Abu-Dhabi expands golden Vendor List -GettyImages-1239915485

Abu Dhabi unveils expanded Golden Vendor list, covers 145 industries

By prioritising local content, the expanded list is poised to drive job creation, stimulate innovation, and accelerate Abu Dhabi’s transition to a diversified, non-oil economy

UAE’s Abu Dhabi sets out measures to help businesses get away from oil

UAE’s Abu Dhabi sets out measures to help businesses get away from oil

The emirate unveiled a centralised business registry authority – the Abu Dhabi Registration Authority – that will be the single point for business registration

EId Al Etihad 2024: Where to watch National Day fireworks in the UAE

Eid Al Etihad 53: Where to watch National Day fireworks in the UAE

Whether you’re in Dubai or Abu Dhabi, here are spots to enjoy the fireworks and celebrate the UAE’s National Day in style

UAE real estate to show growth in Q4 2024, says JLL-Image-courtesy-WAM

UAE real estate market poised for strong growth in Q4: JLL

Amid global economic shifts, rising demand and continued confidence in the UAE economy is expected to stimulate growth and attract investments

Abu Dhabi’s Masdar completes acquisition of 70% stake in Terna Energy

Abu Dhabi’s Masdar completes acquisition of 70% stake in Terna Energy

The Abu Dhabi renewable energy firm plans to acquire all outstanding shares of Terna Energy in an all-cash tender offer, subject to regulatory approval

ADGM posts 33% growth in company registrations in Q3 2023

ADGM posts 33% growth in company registrations in Q3 2024

The total number of operational entities within ADGM’s jurisdiction jumped to 2,251, a robust 31 per cent year-on-year growth

ADNOC launches XRG Image -ADNOC

ADNOC launches $80bn lower-carbon energy, chemicals investment entity

XRG will initially focus on transformational global investments that create value across natural gas, chemicals, and lower-carbon energy solutions

Abu Dhabi’s IHC posts Dhs18bn in nine-month net profit

Abu Dhabi’s IHC says its outlook on Adani Group investments is unchanged

The Adani group’s stock losses have narrowed to $14.7bn from about $33bn since the US indictments were levelled last week.

Mubadala

Mubadala to take Canada’s CI Financial private in about $8.7 billion deal

Mubadala will pay CI Financial C$32 per share, representing a more than 33 per cent upside to the stock’s Friday close.

Abu Dhabi’s Etihad Airways posts 66% rise in nine-month profit

Abu Dhabi’s Etihad Airways posts 66% rise in nine-month profit

The national airline reported a profit after tax of $368m (Dhs1.4bn), up from $222m a year earlier

AD Ports group reports Q3 and Jan to Sept perfromance highlights Image courtesy AD Ports Group

AD Ports Group marks Q3 performance with net profit of Dhs445m

AD Ports Group reported a revenue of Dhs4.66bn, up 10 per cent year-on-year, for the third quarter of the year

ADNOC Gas boosts capex to $15bn on booming LNG market

UAE’s ADNOC Gas boosts capex to $15bn on booming LNG market

The energy firm is expanding processing capacity at home by taking control of a coastal LNG plant from ADNOC Group

Abu Dhabi’s IHC posts Dhs18bn in nine-month net profit

Abu Dhabi’s IHC posts Dhs18bn in nine-month net profit

The holding firm’s financial position is backed by its total assets of Dhs382.9bn as of September 30, driven by investments and asset transfers

ADNOC awards contract to expand 3d seismic survey Image courtesy ADNOC

ADNOC awards $490m contract to expand world’s largest 3D seismic survey

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

Taxi-sharing pilot service launches between Dubai, Abu Dhabi

Taxi-sharing pilot service launches between Dubai, 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

ADGM reveals new brand -- path to forward image ADGM

Path to Forward: ADGM reveals its new brand

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

Covestro weighs ADNOC’s takeover offer, cuts profit target

Covestro likely to recommend ADNOC takeover offer, trims profit target

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

Abu Dhabi firm to launch tokenised US Treasuries fund

Abu Dhabi firm to launch tokenised US Treasuries fund

Tokenised Treasuries are a growing segment of the crypto market, with a market capitalisation of $2.4bn on public blockchains

Abu Dhabi airports’ nine-month passenger jumps 31.2%

Abu Dhabi airports’ nine-month passenger jumps 31.2%

The growth in passenger traffic was more pronounced in Q3 2024, with Abu Dhabi airports serving 7.7 million passengers

Last chance for UAE overstayers as visa amnesty deadline extended

With immigration centres experiencing high turnout as the initial deadline approached, authorities decided to extend the grace period

Dubai, Abu Dhabi lead global talent entry rankings, reveals report image WAM

Dubai, Abu Dhabi lead global talent entry rankings, reveals report

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

David Heard, a pioneer of Abu Dhabi’s oil industry, passes away at 85

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).

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

The sale includes nine GEnx engines for the Boeing 787 aircraft and five GP7200 engines for the Airbus A380

Aldar Mandarin Oriental partner to bring exclusive branded residences to Saadiyat Island

Mandarin Oriental to bring exclusive branded residences to UAE capital

Abu Dhabi’s first Mandarin Oriental Residences will be situated in Saadiyat Cultural District among world-class museums, fine dining and entertainment venues

How Irfan Tansel is fuelling Al Masaood’s innovative spirit

Driving the future: Irfan Tansel on why innovation can’t slow down

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 tops global ranking of cities managing SWF capital

Abu Dhabi tops global ranking of cities managing SWF capital

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