#Abu Dhabi

Abu Dhabi’s Etihad announces flash sale, offers 20% discount

Abu Dhabi’s Etihad announces flash sale, offers up to 20% discount

The promotion is valid on return and one-way journeys on Etihad-operated flights booked on the carrier’s website

Abu Dhabi foster innovation

Abu Dhabi expands patent service to foster innovation

Financial aid for all supported businesses will increase by up to 30 per cent to help inventors during the critical invention phase

Presight AI _Cover Image_IPO

Presight AI announces start of subscription for IPO

The listing is the latest in a series of IPOs in the Gulf region as governments seek to bring more international investors into their markets

Syed Basar Shueb, IHC CEO and Managing Director

Abu Dhabi-based IHC’s 2022 profit surges to a record $8.9bn

The conglomerate’s revenues surged by 78 per cent to Dhs50.9bn, driven by growth across all verticals and the company’s strategic acquisitions in 2022


Abu Dhabi says there’s more to come after year’s biggest IPO

A total of five IPOs in Abu Dhabi raised $5.37bn last year with state-related entities dominating the listings

Abu Dhabi records Dhs77.6bn in real estate transactions in 2022

Abu Dhabi records Dhs77.6bn in real estate transactions in 2022

The emirate’s real estate sector recorded 9,010 sales transactions valued at Dhs23.5bn

ADNOC Gas raises $2.5bn from IPO

ADNOC Gas IPO raises $2.5bn, attracts $124bn in demand

The company increased the number of ordinary shares offered in the IPO to 3.8 billion on Monday, implying market capitalisation of Dhs182bn

FAB facilitated over $9bn in sustainable projects

UAE’s FAB facilitated over $9bn in sustainable projects in 2022

More than half of FAB’s bond issuances in 2022 were in a ‘green’ format, with the bank aiming to further grow its range of sustainable offerings

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi adds new aircraft, routes to central Asia, Europe and Africa

The ninth aircraft will provide an additional 30,000 ultra-low-fare seats per month

Tawazun Industrial Park, Yellow Door Energy pact

Tawazun Industrial Park unveils new solar power project

Tawazun said the solar park is expected to produce 7.1 million kilowatt-hours of clean energy in the first year of operation


ADNOC Gas eyes $2bn from world’s biggest IPO this year

ADNOC is selling a 4 per cent stake in ADNOC Gas, with each of the 3.07 billion shares being offered at between Dhs2.25 and 2.43

SAWA Group and AD Gaming sign agreement photo courtesy AD Gaming twitter

AD Gaming, SAWA Group to develop Abu Dhabi’s gaming ecosystem

AD Gaming and SAWA group will help facilitate the international expansion of Chinese gaming and esports companies via Abu Dhabi

Emirates Palace

Abu Dhabi’s Emirates Palace Hotel gets a new name

The beachfront property has been officially rebranded, and includes the region’s first vegan rooms

ADGM signs MoU with Zand Bank

Abu Dhabi Global Market, Zand Bank join hands to support SMEs

The entities will jointly drive UAE national work placements and offer finance training, SME financing platforms, a fintech sandbox and corporate innovation programmes

Flash Entertainment brings Blippi The Musical to Abu Dhabi

Interview: Josh Blackburn, producer of ‘Blippi, The Musical’

The popular musical has brought Blippi, the cheerful, energetic and educational children’s character, from the screen to the stage to entertain audiences


Khalifa University, ADAFSA join forces to diversify food imports through AI

Khalifa University is also developing an AI platform for smart inspection, which will include an algorithm-based model

AeroFarms opens faciltiy on Abu Dhabi photo WAM

AeroFarms debuts AgX indoor vertical farm in Abu Dhabi

At 65,000 square feet, AeroFarms AgX is the largest indoor vertical farm of its kind for research and development in the world


Abu Dhabi launches ‘Hub71+ Digital Assets’ to accelerate growth of Web3 startups

The new ecosystem will benefit from the regulated environment of Abu Dhabi Global Market

Abu Dhabi economy achieves 10.5% growth in first 9M of 2022

Abu Dhabi economy shows 10.5% growth in first nine months of 2022: SCAD

Non-oil sectors contributed 50.3 per cent to the GDP, with an increase of Dhs39bn compared to the same period in 2021 to reach Dhs417.3bn in total by the end of Q3 2022

ADNOC Drilling 2022 FY performance

ADNOC Drilling reports $802m net profit in 2022, reflecting a 33% YoY rise

ADNOC Drilling reported that its full-year earnings before interest, taxes, depreciation and amortisation touched $1.23bn

Abu Dhabi to deploy laser-based technology to measure vehicle emissions

Abu Dhabi to begin clinical trials to develop new thalassemia treatment

The trials will be conducted at Burjeel Medical City, and will include clinical, radiologic, and laboratory assessments

Aldar HQ _ the company recorded 3.1bn in net profit for 2022

Abu Dhabi-based Aldar records net profit of Dhs3.1bn in 2022

Aldar’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year


Etihad Cargo expands European capacity

The carrier will introduce two new routes from its Abu Dhabi hub to Copenhagen in Denmark and Düsseldorf in Germany

UAE and Qatar link traffic systems

UAE and Qatar link traffic systems

The announcement was made at a meeting held in Abu Dhabi between delegates of the two countries


How Web3 is becoming a more prominent part of today’s economy

Paul Lalovich, partner at Agile Dynamics shares how Web3 Delight Riyadh is connecting global and local Web3 players for enhanced cooperation opportunities

Etihad Cargo crosses operational performance benchmarks

Etihad Cargo crosses operational performance targets in 2022

Etihad Cargo maintained a delivered-as-promised rate of 86.6 per cent, a 2.6 per cent improvement compared to the previous year

Aldar Manarat Living

Aldar unveils Manarat Living on Saadiyat Island in Abu Dhabi

Apartments are available for purchase from February 9

Abu Dhabi to deploy laser-based technology to measure vehicle emissions

Abu Dhabi to deploy laser-based technology to measure vehicle emissions

The three-week study will detect and quantify emissions from moving vehicles in real time at six locations in Abu Dhabi


Crypto exchange Kraken shuts Abu Dhabi office, lays off 8 employees

The exchange has suspended support for transactions in the UAE’s currency, but clients in the region will still be able to use other products and services

Masdar City unveils The Link

Masdar City breaks ground on net-zero energy co-working and living space

The Link will feature a gross floor area of 30,000 square metres comprising sustainable offices, residences, visitor centre, multi-use hall and leisure amenities