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Abu-Dhabi

Abu Dhabi Securities Exchange proposes SPAC regulatory framework

The Abu Dhabi Securities Exchange and Abu Dhabi’s Department of Economic Development have submitted a proposal to the Securities and Commodities Authority

Oracle announces second cloud region in the UAE

Emaar, Emirates Post Group chose Oracle Cloud Abu Dhabi Region for strategic business operations

Abu Dhabi authority implements plan for climate-smart agriculture

The Abu Dhabi Agriculture and Food Safety Authority has urged farm owners to shift toward organic agriculture

Abu Dhabi, Etihad Towers complex.

New personal status law to be applicable to non-Muslims in Abu Dhabi

A new bilingual court will also be set up in the emirate to deal specifically with these matters, with all procedures conducted in Arabic and English

Abu Dhabi UAE government

Indonesia fund lets UAE invest in its high-yield instruments

The investment framework deal was signed with the Abu Dhabi Growth Fund

Abu Dhabi updates green list; Turkey, Philippines and Malaysia among new additions

The green list now includes 95 destinations in total

Abu Dhabi Securities Exchange launches derivatives market

The derivatives market is using the marketplace technology delivered by Nasdaq

Biggest Abu Dhabi developer is shopping for large property deals

The company, armed with $1.85bn in capital, has the resources to make purchases both in its home market and around the UAE

Covid-19: Abu Dhabi becomes first location to receive new medicine for high-risk patients

The new medication is designed to prevent severe infection and death in non-vaccinated high-risk patients

All private hospitals in Abu Dhabi free of Covid-19 cases

Hospital admission for Covid-19 cases will be limited to Al Rahba Hospital in Abu Dhabi, Al Ain Hospital and other field hospitals across the emirate

Abu Dhabi Islamic Bank

Abu Dhabi’s biggest Islamic bank weighs merger deals outside UAE

The lender reported third-quarter net income fell 7.7 per cent from a year ago to Dhs492.9m

Medina's Al-Masjid an-Nabawi (The Prophet's Mosque) is a major pilgrimate site for Muslims Saudi Arabia mosque

Etihad to restart flights between Abu Dhabi and Madinah in Saudi Arabia

The thrice weekly flights will commence on November 27

UAE-Covid-19

UAE to issue golden visas for front frontline workers and families

The long-term residency visas will also be extended to families of fallen frontline heroes

Abu Dhabi

UAE’s Emirates Food Industries to undertake secondary listing on ADX

The company is working on expanding its operations

Abu Dhabi

Covid-19: Abu Dhabi revises entry requirements for events and exhibitions

Attendees must have a green status on their Alhosn app and also hold a negative PCR test result not older than 96 hours

GlobalFoundries, Mubadala raise $2.6bn in top-of-range IPO

The listing is the third biggest on a US exchange this year

ADNEC

ADNEC launches expansion plans in London and Abu Dhabi

It will expand its existing Abu Dhabi National Exhibition Centre and ExCeL London facilities

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi to begin flights to Moscow in December

The Moscow route brings the carrier’s total network of destinations to 33

Fertiglobe surges 20% in Abu Dhabi debut after $795m IPO

The company reported revenue of $1.55bn in 2020 and $1.26bn for the first six months of 2021

Sheikh Khaled bin Mohamed launches clean energy partnership between ADNOC, EWEC

The partnership will see up to 100 per cent of ADNOC’s grid power supplied by EWEC’s nuclear and solar clean energy sources

MICE industry’s future growth in the spotlight at Abu Dhabi Business Events Week

The inaugural trade event will provide a platform for industry leaders, companies and professionals in the MICE sector to exchange knowledge, discuss innovations and further collaboration to bolster the future of MICE travel in the region

Cafu car service

Cafu rolls out new at-home car service facility for Abu Dhabi customers

It will now offer on-demand battery replacement, tyre change, and engine oil change services in Abu Dhabi

Abu Dhabi fertilizer firm Fertiglobe raises $800m in IPO backed by Singapore

The company will be valued at $5.8bn and the stock will start trading in Abu Dhabi on October 27

ICC T20 World Cup: Abu Dhabi offers half-priced PCR test for visitors

Abu Dhabi Sports Council and UAE’s VPS Healthcare have entered into a partnership for this initiative

Abu Dhabi’s Hub71 and AWS accelerate startup growth on the cloud

Collaboration provides Hub71 startups with access to AWS Activate, with AWS credits worth up to $100,000 and access to technical support

Fertiglobe set to price Abu Dhabi IPO at top end of price range

ADNOC and OCI are offering 13.8 per cent of Fertiglobe in the IPO

Abu Dhabi schools

Abu Dhabi says schools with high student vaccination rates can gradually relax Covid-19 measures

According to ADEK, all staff and students aged 16 and above currently attending Abu Dhabi’s private and charter schools have been vaccinated

Abu Dhabi fund Mubadala Capital buys major Taco Bell franchisee

The deal reflects Mubadala Capital’s foray into the food and beverage sector, where it invested about $1.8bn in the past seven years alone

Etihad

Etihad raises $1.2bn in aviation’s first sustainability-linked ESG loan

Loan terms tied to targets to reduce CO2 emissions, increase corporate governance and promote female participation

Abu-Dhabi

New Dhs5bn Abu Dhabi IPO fund launched to support SMEs

The fund will invest in five to 10 private companies per year