#Abu Dhabi

Abu Dhabi’s ADQ, Turkey Wealth Fund launch $300m venture capital fund

The fund will invest in companies developing emerging technologies or improving existing ones in key sectors

Abu Dhabi’s Yas Mall to introduce over 100 new retail stores by summer

Yas Mall is increasing its food and beverage and entertainment offerings by over 50 per cent, and introducing a dedicated home furnishing district

Bloom Holding launches all-inclusive community with over 4,000 homes in Abu Dhabi

The community is located close to Zayed City and the Abu Dhabi International Airport

Abu Dhabi

Abu Dhabi: Unvaccinated visitors now allowed to enter cultural sites, events

However, they would require a negative PCR test not older than 48 hours to do so

ADNOC

UAE’s ADNOC awards agreements worth Dhs2.4bn to support upstream growth

Over 65 percent of the award value could flow back into the UAE economy under ADNOC’s In-Country Value programme

Louvre Abu Dhabi

Aldar Properties launches world’s first Louvre-branded residences in Abu Dhabi

Located within Saadiyat Grove, Louvre Abu Dhabi Residences will feature 400 apartments including five penthouses

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi launches new route to Asian destination

The thrice-weekly flights to Mattala in Sri Lanka will commence from June 1, 2022

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MicroStrategy enters into strategic partnership with Abu Dhabi-based Magnoos

The partnership aims to help regional organisations overcome bottlenecks in adopting artificial intelligence and analytics

UAE’s First Abu Dhabi Bank and ADCB deny report of potential merger

The banks issued separate filings to the Abu Dhabi Securities Exchange (ADX) denying the report

Al Rawabi

Al Rawabi to establish Dhs650m dairy production facility in Abu Dhabi

The plant located in the Khalifa Industrial Zone Abu Dhabi is expected to produce 23 million litres in its first operational year

Proman Adnoc

UAE to build its first methanol production facility in Abu Dhabi

ADNOC has signed an agreement with Proman to construct a natural gas to methanol facility with an annual capacity of up to 1.8 million tons per annum

Abu Dhabi University

Abu Dhabi University launches new e-learning centre to upskill faculty, design courses

ADU aims to offer over 20 programmes and 50 online courses for students by the 2025-2026 academic year

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Abu Dhabi golden visa holders to receive range of exclusive benefits

It includes special offers across several sectors including automotive, insurance, banking and real estate

Sandstorm comic book studio

Abu Dhabi gets first dedicated comic book studio

Sandstorm encourages aspiring creators to submit their pitches for comic books or graphic novels spanning any genre, theme or style

Covid-19 test

Abu Dhabi revises cost of PCR test to Dhs40 across the emirate

The directive is effective from today, March 1

Paul Berger Arena global CEO

Abu Dhabi’s IHC acquires 70% stake in Arena Events for Dhs239.8m

Paul Berger, the current Arena EMEA CEO, will transition to become the company’s global CEO

SEBA Bank

Swiss crypto bank Seba opens office in Abu Dhabi

In a first for a full-service digital asset bank in the UAE, it received a nod from the Abu Dhabi Global Market Financial Services Regulatory Authority

Umex Simtex

UAE signs defence deals worth Dhs1.62bn on first two days of Umex and Simtex 2022

It marked an increase of 159 per cent compared to the corresponding period of last year’s exhibition

Etihad

Abu Dhabi’s Etihad announces new flights to Greece, Spain and Zanzibar

The airline will begin operating these summer routes starting June 15

Cleveland Clinic Abu Dhabi - Cancer Center

New cancer treatment centre to open in Abu Dhabi this year

Cleveland Clinic Abu Dhabi’s Cancer Centre will be modelled on its Taussig Cancer Centre in Ohio

Abu Dhabi

Abu Dhabi studying next-generation nuclear to make hydrogen

Hydrogen is considered a promising replacement for fossil fuels in the energy transition

Saudi Arabia maintained its position in the top 50 global rankings

Abu Dhabi records Dhs71.5bn of real estate transactions in 2021

There were a total of 14,958 sales and mortgage transactions, with Yas Island topping the list with Dhs4.1bn in real estate deals

mSME enabling platform, Setup in Abu Dhabi, launched

Setup in Abu Dhabi’s 25 partners, including ADIO, Twofour54, Masdar, Khalifa Industrial Zone, ADDED, Telr and Hub71, will support the platform

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Abu Dhabi updates travel green list, adds Turkey

The list now has 72 destinations in total

Abu Dhabi opens new urgent care centre for Covid-19 patients

The unit at Al Rahba Hospital is open daily from noon-10pm will provide cater to patients referred by Prime Assessment Centers in the emirate

Abu Dhabi to house zero-waste wholesale food trading hub

The food hub will assemble wholesale buyers, sellers, logistics players and distributors from across the world

ADNOC announces $548m contract for a new main gas line at its lower Zakum field

ADNOC Drilling announces net profit of $604m for 2021

Revenue for the full year was $1.14bn, up 6 per cent over 2020, largely driven by new rigs and rig reactivations

Aldar

Abu Dhabi’s Aldar achieves annual property sales of Dhs7.2bn in 2021

The company reported a preliminary full year net profit increase of 21 per cent

Covid-19 vaccine

Covid-19: Fourth dose of Pfizer-BioNTech vaccine now available in Abu Dhabi

It is mandatory for six months to have passed since receiving the last dose of the vaccine, except in the case of high-risk individuals who can receive the booster after three months

Abu Dhabi’s Aldar awarded development project contracts worth Dhs8.5bn in 2021

The company signed 16 contracts with UAE-based companies to support the National ICV programme