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Aldar HQ Abu Dhabi

Aldar Properties offers UAE frontline workers Dhs4,000 Yas Mall vouchers, refunds on property purchases

Those eligible for this scheme will also be offered a 30 per cent discount across Aldar’s hotels, golf resorts and food and beverage outlets

Abu Dhabi Pension Fund, ADQ invest $2.1bn in ADNOC infrastructure deal

ADNOC will divest 20 per cent in ADNOC Gas Pipelines HoldCo LLC

Sheikh Mohamed bin Zayed Al Nahyan

Sheikh Mohamed orders six-month rent waiver for businesses on Al Hudariyat Island in Abu Dhabi

He instructed officials to open the entertainment and leisure project to the public within 30 days

Local

Khalifa Fund partners with noon.com to support Abu Dhabi SMEs

SMEs will gain access to noon’s customers, its logistics and fulfillment network, and secure payment gateway

Esports, VR gaming complex to be set up in Abu Dhabi

Beirut-based Robocom VR to provide content and technology for ‘Pixel’

Abu Dhabi’s Mubadala invests $235m in Germany’s Evotec

The funds will be invested in the upscaling of biologics strategy, data-driven precision medicine processes, and multimodality drug discovery and development platforms, among others

Abu Dhabi’s IHC invests in DNA sequencing tech pioneer Oxford Nanopore

The funds will support Oxford Nanopore as it scales up its rapid Covid-19 testing capability

Abu dhabi global market

ICE to launch trading in Murban futures contracts in Abu Dhabi in Q1 2021

ICE had announced plans in November last year to launch the platform in partnership with ADNOC

UAE-Covid-19

UAE to begin Phase III trials of Russian Covid-19 vaccine

Volunteers for the UAE trial will be medically supervised for 90 days after being administered the vaccine

e-scooter

Abu Dhabi permits e-scooter rental services to resume

Services can resume in specific areas at 25 per cent capacity

Abu Dhabi Customs

Abu Dhabi Customs introduces incentives for importers

It is aimed at helping small and medium enterprises enhance their competitiveness

Air Arabia Abu Dhabi

Air Arabia Abu Dhabi launches additional flights

It is the eight destination that the low-cost carrier will fly to from the UAE’s capital

ADNOC Abu Dhabi Marathon

ADNOC Abu Dhabi Marathon postponed to 2021

The third edition of the marathon was scheduled to take place on December 11

Abu Dhabi converts status of 29 industrial licences to ‘production’

Construction and glass industries account for the largest share of industrial licences in Abu Dhabi with 20.1 per cent

IDEX UAE

Israel to participate in Abu Dhabi defence exhibition IDEX in 2021

The upcoming edition of IDEX and NAVDEX is expected to feature over 1,300 companies

ADNOC and Group 42 launch new AI-focused company in Abu Dhabi

AIQ will develop and commercialise AI products and applications for the oil and gas industry

Abu Dhabi

Abu Dhabi Investment Office signs bilateral trade agreement with Israel Export Institute

ADIO will help connect Israeli companies with strategic entities and grant them access to resources in Abu Dhabi

Abu Dhabi’s ADIA to invest $750m in Mukesh Ambani’s retail unit

Reliance Retail runs supermarkets, India’s largest consumer electronics chain, a cash-and-carry wholesaler, fast-fashion outlets and an online grocery store called JioMart

Agthia Group

UAE’s Agthia Group receives offer for Al Foah Company

The offer is subject to regulatory and shareholder approvals

Abu Dhabi investor signs pact on $225m Sudan farm project

The project aims to create 5,000 jobs and generate $1bn in export revenue over 10 years

Domestic workers

UAE resumes issuing entry permits for domestic workers

It has also started granting employment permits for government and semi-government entities, as well as employees of vital facilities

Abu Dhabi’s Etihad launches global student offer

This offer excludes departures from India and China

Midis SI Group acquires Abu Dhabi-based IT services company MAGNOOS

Founder Michael Halas to continue running MAGNOOS as managing partner

Etihad

Etihad offers complimentary Covid-19 tests for flights from Abu Dhabi

The airline has partnered with Life Medical Diagnostic Center to offer testing at its network of facilities across the UAE

Air Arabia-Abu-Dhabi

Air Arabia Abu Dhabi announces new flights

It will fly from Abu Dhabi to Chattogram twice every week on Sundays and Tuesdays

Careem

Careem begins intercity services from Dubai to Abu Dhabi

Passengers will need to obtain a negative Covid-19 test to be eligible for entry into Abu Dhabi

Abu Dhabi’s Mubadala to invest $2bn in partnership with Silver Lake

Abu Dhabi’s sovereign investor to acquire minority stake in the US-based venture capital firm

Abu Dhabi’s ADNOC begins derivatives trading

The new offices of ADNOC’s trading entities are located in Abu Dhabi’s International Financial Centre

remittances

UAE expat remittances amounted to Dhs79.6bn in H1 2020

India was the biggest recipient country of these remittances followed by the Philippines, Pakistan, Bangladesh, Egypt, and the US

EPI expands capacity to build Boeing 787 Dreamliner parts in UAE

Earlier this year, EPI became a key regional manufacturer of Airbus aircraft parts