Abu Dhabi

Abu Dhabi’s Masdar, Bapco Energies partner for wind projects in Bahrain

The joint venture aims to develop wind projects in Bahrain with a capacity of up to 2 gigawatts

Abu Dhabi’s ADQ lists inaugural $2.5 billion bond on London Stock Exchange

Listing proceeds to facilitate further investments in strategic initiatives

ADNOC, G42, Presight forge new partnership to leverage AI solutions in energy sector

Partnership aims to deliver value and operational efficiencies to ADNOC, G42, Presight, and the UAE

Abu Dhabi Airports achieves 35.6 percent surge, facilitating travel for over 6.9 million passengers in Q1 2024

Zayed International Airport alone welcomed over 6.8 million passengers during the first quarter of 2024

Abu Dhabi signs MoU with Chile to boost trade, investment

The MoU aims to collaborate in sectors like renewable energy, mining, infrastructure, technology, and more

DRIFTx: Abu Dhabi, U.S. Joby partner to build electric air taxi ecosystem

The MoU signed seeks to establish Joby's air taxi services in Abu Dhabi and beyond

Abu Dhabi’s DRIFTx: ADIO, Regent join forces to develop electric seagliders for coastal transport innovation

Seagliders will serve up to 180 miles with current batteries and up to 500 miles with next-gen batteries

Archer, ADIO sign deal to accelerate commercial air taxi operations across UAE

Agreement encompasses in-country manufacturing, operations and training

Abu Dhabi issues bonds worth $5 billion

The bonds comprised three tranches and have three different maturity periods

Operational approval granted to UAE’s first vertiport for flying vehicles

The approval reflects the UAE's ongoing efforts to advance autonomous technologies in the transportation industry

UAE reveals 6G roadmap with targeted launch in 2030

The roadmap seeks to bridge current communication services and future requirements, addressing evolving societal and economic needs

ADQ forms framework agreement worth up to $500 million investment in Kenya’s priority sectors

Kenya has the largest economy in East Africa and is projected to grow at 5-6 percent in 2024

Russian businesses eye UAE’s market for global development, expansion

Russia sees the UAE market as a promising hub for conducting trade with Middle Eastern and African countries

ADGM, Hacken partner to set new benchmarks for blockchain security and compliance

The agreement seeks to develop security standards and on-chain monitoring solutions within ADGM's DLT Foundations framework

Abu Dhabi’s ADQ acquires 49 percent stake in Plenary Group to drive public infrastructure expansion

The stake includes the shares currently owned by Canadian pension fund Caisse de dépôt et placement du Québec

UAE’s AD Ports secures 20-year agreement to operate, upgrade Angola’s Luanda terminal

AD Ports Group acquires 90 percent stake in joint venture to serve the broader logistics market in Angola

UAE’s travel and tourism sector anticipated to contribute $64.25 billion to GDP in 2024: Report

According to the report, the number of jobs in the sector will increase by over 23,500, reaching nearly 833,000

Abu Dhabi’s ADQ, Oman Investment Authority launch $180 million technology-focused fund

Jasoor Fund propels digital transformation and technological advancement across the region

Global Ventures’ Dr. Tariq Bin Hendi on key sectors shaping UAE’s economy

Sectors such as finance, property development and tourism continue to drive the UAE's non-oil economy

Abu Dhabi’s non-oil foreign trade grows 8 percent in 2023

Abu Dhabi's imports saw a 19 percent annual increase in 2023 to over AED136.4 billion

UAE’s Murban crude hits record activity in March, over 1.1 billion barrels traded

Since its inception, IFAD has facilitated the trading of nearly 6 billion barrels of Murban crude oil

Sukuk issuance continues steady growth, reaching towards $1 trillion in the GCC: Report

Saudi Arabia, UAE and Malaysia will likely stay among the most active sukuk issuers, the report says