#Abu Dhabi

Abu Dhabi Blast

Abu Dhabi to host global esports tournament Blast Premier World Final

The Blast Premier World Final will be held in the Etihad Arena on Yas Island from December 14-18, 2022

Hub71 e&

Hub71 and e& enterprise to launch UAE’s first AI Center of Excellence

Located in Abu Dhabi, the AI Centre of Excellence will enable companies and startups to develop, deploy and scale applications implementing enterprise AI use cases

Flat6Labs

ADQ’s venture platform, Flat6Labs reveal startups under Ignite programme’s new cycle

The cohort includes seven UAE-born startups and three international companies that will now establish significant business operations in Abu Dhabi

UAE President receives Indian Prime Minister

Narendra Modi offered his condolences to the UAE President and the people on the passing of Sheikh Khalifa bin Zayed Al Nahyan

Bespin Global

Bespin Global opens cloud operations centre and training academy in Abu Dhabi

The new facilities located at Al Wafra Square on Al Reem Island have been established with support from ADIO’s Innovation Programme

Etihad Airways

Etihad Airways to resume direct flights from Abu Dhabi to Beijing

The airline will operate a weekly flight on a Boeing 787 Dreamliner for the route

spacex

Abu Dhabi’s IHC, Alpha Dhabi to invest $50m in Elon Musk’s SpaceX

IHC has previously acquired stakes in SpaceX through a private equity fund

Abu dhabi fire Image courtesy: Abu Dhabi Police, Twitter

19 injured after fire breaks out in a building in Abu Dhabi

The fire broke out in a 30-storey building at the Al Zahia area in Abu Dhabi on Friday afternoon

UAE

UAE weather update: Temperatures to hit 49°C over the weekend

The UAE recorded its lowest temperature of 24.1°C in Raknah (Al Ain) at 6am local time today

Abu Dhabi Chamber to offer its services on government services platform TAMM

ADQ to buy Turkish pharmaceutical firm Birgi Mefar Group to strengthen portfolio

The investment expands ADQ’s life sciences capabilities in sterile injectables and wider pharmaceutical services segments

Arabian Travel Market 2022: The industry’s best on offer

Airlines, hotels, tourism boards and travel trade operators from around the world came together for the event

ADQ

Abu Dhabi’s ADQ, Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100m tech fund

The fund will be dedicated to tech startups and companies specialised in sectors such as telecommunications, financial services and education, among others

Hub71 AIQ

Abu Dhabi’s Hub71, AIQ partner to accelerate AI-driven transformation of the energy industry

The collaboration will see both companies accelerate the development of digital technologies to unlock greater value from oil and gas operations

Adnoc borouge

ADNOC delivers fourth consecutive record-setting IPO on ADX

The retail offering, which attracted higher retail demand than any UAE IPO in nearly 20 years, was 74 times oversubscribed

Borouge

Borouge’s $2bn Abu Dhabi IPO draws $83bn of orders

Borouge’s shares will start trading on June 3

plastic bags

Single-use plastic ban in Abu Dhabi begins: Everything you need to know

Major retailers in the UAE such as Carrefour, Spinneys and Lulu are geared up to implement this by providing sustainable and eco-friendly alternatives

QATAR AIRWAYS

Qatar Airways to operate triple daily flights to Abu Dhabi from July

With the increase in services, Qatar Airways will operate a total of 56 flights from its three gateways in UAE: Dubai, Sharjah and Abu Dhabi

UAE Ministry issues resolution on bank guarantees and employees’ protection insurance

UAE: New classification system for private sector will determine cost of work permits

The cost of the permits will range from Dhs250 to Dhs3,450, depending on each company’s compliance with the country’s labour regulations and guidelines

ADNOC

Abu Dhabi’s ADNOC, Masdar deepen partnership with BP

ADNOC, BP and Masdar also agreed to explore the production of sustainable aviation fuels in the UAE

Air Arabia Abu Dhabi

Air Arabia Abu Dhabi to begin flights to Baku

The thrice-weekly flights between Abu Dhabi and Baku will commence on June 28

Two killed and over 100 injured in Abu Dhabi gas explosion

The explosion occurred at a restaurant in the emirate’s Al Khalidiya area

IPO

Offer price for Abu Dhabi’s largest ever listing set at Dhs2.45 per share

The IPO subscription period has commenced today, May 23, and will close for retail investors on May 28, 2022

abu dhabi court money laundering

Abu Dhabi: 79 people convicted of fraud, money laundering

The group comprised 72 Chinese nationals, one Jordanian, two Nigerians, two Cameroonians, one Ugandan and one Kenyan

Digital transformation

ADDED, SAP sign MoU to accelerate digital transformation in Abu Dhabi

Both parties will explore opportunities to enhance industry innovation and digital transformation, and and foster local digital competencies

Sheikh Mohamed bin Zayed Al Nahyan elected as new UAE President

Sheikh Mohamed was unanimously elected to succeed the late Sheikh Khalifa bin Zayed Al Nahyan

Hub71

Abu Dhabi’s Hub71 welcomes 16 new startups to join ecosystem

The new cohort will have the opportunity to develop advanced technologies and gain access to the emirate’s innovation ecosystem

Abu Dhabi’s Mubadala reports 2021 as strongest financial year ever

Mubadala invested Dhs125bn in 2021 in high-growth sectors including technology, life sciences and consumer goods

Abu Dhabi non-oil trade

Abu Dhabi’s non-oil foreign trade reached Dhs61.5bn in Q1 2022

Exports recorded a growth of 35 per cent year-on-year and were valued at Dhs24.449bn

Solar Plant

UAE invites companies to bid for 40% stake in 1.5 GW solar plant

Abu Dhabi already has two solar parks that will have a capacity of 3.2 GW when fully operational

Abu Dhabi

Abu Dhabi’s ADQ announces EUR4bn investment partnership with Greece

The agreement underscores growing economic ties between the two countries and will drive investor interest in Greece