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
Etihad’s operating fleet rose to 95 from 79 in the same period last year
This launch is part of a broader effort to transform Abu Dhabi Island’s public transport infrastructure
Yas Island Lounge will welcome visitors headed to the destination with all the information they need to start planning their adventure
The creator of ChatGPT is in talks to raise $6.5bn from investors at a valuation of $150bn
The 20-week programme will provide farmers, agribusinesses, and technology providers with specialised financial solutions and advanced agri-tech tools
Mair Group’s assets include Makani Real Estate Company, which operates a diverse chain of community shopping centres, and SPAR for retail, which has been active in Abu Dhabi for over a decade
The investment management firm said it has served clients in the Middle East for many years, but Abu Dhabi office would be its first in the region
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 and Abu Dhabi have continued to enhance their data and service offerings through the REST and DARI platforms
The LNG will primarily come from the state-owned energy firm’s lower-carbon Ruwais LNG project
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
This move is part of the holding company’s broader strategy to develop cluster ecosystems and foster long-term value creation
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