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AD Ports ADRO sign MoU to support golden visa programme to attract talent image credit WAM

AD Ports Group, Abu Dhabi Residents Office to support golden visa programme

The partnership will develop a joint strategy to inform relevant parties and employees about the benefits of the golden visa residency programme, as well as the requirements for eligibility

Lumina’s role is to support UK companies

Flat6Labs Ignite programme spurs growth, backs 38 startups with $10.2m

The programme hosts an intake cycle every six months and has thus far completed four cohorts with the fifth cohort to be announced shortly

protected areas

Abu Dhabi issues policy for protected areas

More than 15 government, semi-government and private agencies have participated in preparing and reviewing the policy to ensure its alignment with the relevant national and local strategies

F1 Team Stake

Alfa Romeo F1 Team Stake launches partnership with Aioka

As part of the new partnership, Aioka will enhance the team’s offer to guests, as well as to corporate groups and individuals

Jassem Busaibe - Chief Executive Officer at Aldar Investment Image Aldar Properties

Aldar acquires Basatin, expands facility management, landscaping services offering

Through this transaction, which is valued at Dhs150m, Aldar will hold a majority stake of 75 per cent in Basatin with the remaining 25 per cent held by a strategic partner

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Celebrities endorsing brands in the Middle east. Image credit: Instagram/sofiavergara/iamsrk/davidbackham/leomessi/prideofgypsies

7 A-list celebrities who are brand ambassadors in the Middle East

Penelope Cruz, Jason Momoa, Sofia Vergara are the new face of home-grown brands in the UAE and Saudi Arabia respectively

Abhishek Bachchan and Aishwarya Rai at IIFA Awards

Etihad Arena hosts Bollywood’s biggest stars for IIFA Awards 2023 in Abu Dhabi

The IIFA awards are being held in partnership with DCT Abu Dhabi and Miral at the Etihad Arena for the second year in a row

TII unveils its Falcon 40B

Abu Dhabi’s TII unveils its Falcon 40B AI model open source

Falcon 40B is a foundational large language model with 40 billion parameters and trained on one trillion tokens

Adnoc L&S IPO is oversubscribed. Image credit: WAM

ADNOC Logistics gets $125bn in orders for $769m IPO

ADNOC sold 1.41 billion shares in its maritime logistics unit at Dhs2.01 a share, valuing the company at $4.05bn

Taweelah Reverse Osmosis achieves 90 percent capacity

EWEC’s Taweelah Reverse Osmosis facility surpasses 90 per cent capacity

The facility is currently producing 183 MIGD of desalinated water making Taweelah the world’s largest operating reverse osmosis facility

Abu-Dhabi-Housing-Authority-has-announced-new-housing-projects-in-West-Baniyas-and-Al-Samha-regions-photo-Abu-Dhabi Housing Authority-

Abu Dhabi launches housing projects worth over Dhs7bn

The new housing projects, which are located in West Baniyas and Al Samha, include 1,742 residential villas for citizens

Khalifa Fund launches Franchise UAE image credit KFED

Franchise UAE: Khalifa Fund launches new portal to help businesses buy and sell franchises

Franchise UAE is designed to cater to both existing, homegrown businesses seeking to develop a franchise and aspiring entrepreneurs looking to invest in an established business concept

AD Ports Group, Vale to jointly develop low-carbon mega hub for steel industry photo WAM AD Ports

AD Ports Group, Vale to develop low-carbon mega hub for steel industry

Land and related services from KEZAD will be allocated for the ‘Mega Hub’, in addition to the development and management of a high-tech handling facility at Khalifa Port

ADNOC Group Onshore Drilling Rig

ADNOC, TAQA invest $2.4bn to supply sustainable water to onshore operations

The project will develop a centralised seawater treatment facility for operations at the Bab and Bu Hasa fields in Abu Dhabi

Healthcare facilities

Abu Dhabi temporarily closes two healthcare facilities over several violations

The violations include failure to adhere to safety procedures, use of expired materials and tools, and non-compliance with the standards for medical waste disposal

ADFD investments in 2022 Photo GettyImages-1430804172

Abu Dhabi development fund sees financing, investments cross Dhs189.7bn in 2022

According to its annual report, Abu Dhabi Fund for Development’s investments benefitted 104 nations last year

SeaWorld Yas Island underwater Zoo

SeaWorld Yas Abu Dhabi opens with a star-studded event

The park is home to inspiring entertainment, exciting rides and attractions as well as unmatched dining and shopping experiences

ADNOC L&S IPO

ADNOC raises size of its logistics unit IPO on heavy demand

The maritime logistics firm expects the final offer price to be announced on May 26, after the book-building process

Mubadala has invested in clean energy FY 2022 financial highlights

Abu Dhabi’s Mubadala outperforms global benchmarks in 2022

The company deployed Dhs107bn in industries such as life sciences, renewable energy and digital infrastructure

etihad airways CO2 emissions reduction in 2022

Etihad reports 26% drop in CO2 emissions per RTK in 2022

In its annual sustainability report, the airline stated that it had reduced CO2 emissions per revenue tonne kilometre to 482g compared to the 2019 baseline

Al Seer Marine invests into Adnoc L and S

Al Seer Marine makes Dhs257m cornerstone investment into ADNOC L&S

Al Seer Marine recently announced a strong revenue profit of Dhs1.11bn for 2022

ADNOC L&S IPO

ADNOC L&S sets IPO price range, seeks to raise $607m

The company expects the final offer price to be announced on May 26, after the book-building process

Etihad is offering discounted fares to Rome, among other destinations. (Image: Supplied by Etihad Airways)

Etihad Airways sale: Summer discounts announced on flights from Abu Dhabi

The airline is offering special fares to select destinations across its Asian, European, Middle Eastern and North American routes

AD Ports Group Khalifa Port

AD Ports Group’s first-quarter revenue jumps by 73%

The shipping and logistics group’s revenue in the first three months of the year reached Dhs1.81bn from Dhs1.04 a year earlier

TAQA’s nine-month net income reaches Dhs15bn

UAE’s TAQA Group posts $3.2bn in Q1 net income

The Abu Dhabi-listed firm said its revenues jumped 6 per cent in Q1 2023 to Dhs13.14bn, bolstered by higher bulk supply tariffs and transmission charges

lights

Abu Dhabi introduces traffic warning lights to alert drivers

The system, which aims to enhance road safety across the emirate, uses coloured lights to alert drivers of upcoming traffic incidents and adverse weather conditions

ADNOC Distribution

ADNOC Distribution’s Q1 net profit jumps 5.5% to Dhs551m

The energy provider said its net profit soared 19.4 per cent quarter-on-quarter and free cash flow stood at Dhs1.04bn

Tabreed

UAE’s Tabreed reports Dhs236.4m in net profit during Q1 2023

The company’s revenue increased by 10 per cent year-on-year to Dhs464m

ADNOC Gas first Q1 results

ADNOC Gas’ Q1 net income surges by 9% to $1.3bn

The net income for the quarter ended March 31 included a one-time tax benefit of $300m following its formation earlier this year

ADNOC Baker Hughes agreement

ADNOC, Baker Hughes partner to advance hydrogen technology

The partnership builds on ADNOC Group’s $15bn commitment towards decarbonisation projects by 2030