#Abu Dhabi

OpenAI - Sam Altman

ChatGPT maker OpenAI is staying private so it can make ‘strange’ decisions

Chief executive officer Sam Altman emphasised his willingness to work with regulators to develop frameworks to reduce potential harm from AI, at an event in Abu Dhabi on Tuesday

Abu-Dhabi new speed limit - Getty Images

Abu Dhabi: New speed limit to kick in on June 7 on this road

Authorities recently lowered the speed limit on Sweihan Road — from Al Falah Bridge towards Abu Dhabi International Airport — from 140kmph to 120kmph

Air Arabia to expand fleet size in 12 months Image Air Arabia

Air Arabia reveals plans to double current fleet within 12 months

The enhanced fleet size will continue to support inbound tourism, particularly in Abu Dhabi, as the emirate continues to see a rise in tourism

EDB partners with ADDED

Make it in the Emirates: EDB joins hands with ADDED

The development bank is playing a vital role in supporting the UAE’s industrial strategy by providing financial assistance and driving sustainable growth

Zest Pharmacy retail outlet

Aster Pharmacy, Spinneys launch Zest Pharmacy in Abu Dhabi

The pharmaceutical concept will provide a wide range of products including skincare, nutrition, cosmetics and mother and childcare

Adnoc private sector

ADNOC, Nafis to create 5,000 new private sector jobs

ADNOC Group has partnered with Emirati Talent Competitiveness Council to empower UAE talents to take leading roles in sustainable development of the industrial sector

https://gulfbusiness.com/wp-content/uploads/2023/03/ADNOC-Gas-IPO.jpg

ADNOC L&S soars over 50% above listing price on ADX

ADNOC L&S expects to increase the annual dividend per share by at least 5 per cent per annum

Image WAM for illustrative purposes Abu Dhabi reduces speed limit on Sweihan road

Abu Dhabi: New speed limit announced for Sweihan Road from June 4

The speed limit will reduce from 140kmph to 120kmph from Sunday

TAQA, ENGIE & EWEC desalination plant.jpeg

TAQA, ENGIE and EWEC close $620m financing for desalination plant

The plant will desalinate seawater using low-carbon intensive reverse osmosis technology to produce water sufficient to meet the demand of up to 210,000 households

‘Make it in the Emirates Forum’ opens in Abu Dhabi

The two-day forum will showcase investment opportunities within the local industrial sector, product development and redirecting procurement towards the national economy

Wemix

Abu Dhabi’s Hub71 and Wemix collaborate to fuel growth for blockchain startups

Startups within Hub71+ Digital Assets will be able to leverage the technical knowledge and expertise of Wemix

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

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

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

Google

Google teams up with UAE organisations for AI research and sustainability initiatives

The announcement was made during an event at the MBZUAI campus, where Google introduced three significant initiatives

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

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

UAE Weather rain

UAE weather: Rain hits parts of the country; Orange alert raised

Residents are advised to take precautions and avoid flooded areas for their safety

Golf Digest Middle East

Golf Digest Middle East’s Play & Stay returns – this time at the top venues on Abu Dhabi’s Yas Island

Following the successful inaugural edition in Dubai, Golf Digest Middle East Play & Stay — in association with Viya Golf — is back and it’s bigger and better

Etihad Airways

Etihad Airways announces new route to Japan

The introduction of this route will support the growing trade and tourism ties between the countries and add to Etihad’s existing Tokyo service

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

Oracle

Middle Eastern governments have prioritised and fast-tracked the innovation agenda: Oracle

In a exclusive interview, Richard Smith, Oracle’s executive vice president for Technology in EMEA, sheds light on the region’s rapid advancement of innovation initiatives

ADNOC Logistics shares will begin trading June 1

ADNOC to sell 15% stake in logistics unit in Abu Dhabi IPO

The share sale comes just a few months after state-owned ADNOC raised $2.5bn in the listing of its gas business

Burjeel Holdings

Burjeel Holdings’ Q1 2023 profit surges 43.4% to Dhs121.3m

The healthcare services provider said its revenues surged by 11.6 per cent year-on-year to Dhs1.1bn in the first quarter of 2023

PureHealth, Ardent deal

PureHealth closes acquisition of Dhs1.8bn stake in Ardent Health

The completion of the transaction is expected to further strengthen PureHealth’s vision towards becoming a leading global player in healthcare