Abu Dhabi

UAE’s MoF issues Public-Private Partnership Manual, defines priority sectors for first phase

The manual aims to leverage private sector expertise to benefit the government

Unleashing the power of tourism: The engine of UAE’s thriving economy

International tourist arrivals expected to increase by 17.3 million between 2024 and 2029

CBUAE issues Sandbox Conditions Regulation to boost innovation in financial services sector

The regulation will also help consolidate the financial sector's competitiveness and support the UAE's economic growth

UAE among top 10 countries with highest installed solar energy per capita: Report

With a cumulative capacity of 708 watt/capita, the UAE ranked 10th globally and first MEA country on the list

ADNOC Drilling’s new dividend policy to channel $4.79 billion to shareholders by 2028

The expected cumulative minimum yield from this new dividend policy during the 2024-2028 period is more than 27 percent

Dubai secures 12th spot in global wealth and lifestyle report, solidifying position as premier luxury destination

The emirate emerged as the 6th most expensive city in EMEA, attracting wealthy residents with its flourishing economy

Etihad Airways operates first flight to Saudi Arabia’s Al Qassim

The new route to Al Qassim becomes Etihad's fourth destination in Saudi Arabia, with four non-stop flights per week

CBUAE’s gross written premiums up 18.5 percent YoY in Q1 2024 to $5.74 billion

Gross paid claims of all types of insurance plans increased by 18.3 percent YoY to AED8.4 billion in Q1 2024

Abu Dhabi’s Etihad Airways launches major network expansion, adds eight new routes this June

The addition brings the total number of operating routes this summer to 76.

Bahrain attracts record FDI inflows of $6.8 billion in 2023, with UAE as third biggest contributor

Bahrain's FDI stocks relative to GDP stood at 99.7 percent as of the end of 2023

Abu Dhabi’s Masdar signs $3.43 billion deal to acquire Greece’s Terna Energy

Offer values Terna Energy's total equity at 2.4 billion euros with an enterprise value of 3.2 billion euros

Abu Dhabi’s KEZAD, Astha Biotech sign lease agreement for $12 million microalgae plant in the emirate

The deal will enable the launch of the UAE's first microalgae company for health, cosmetics, food, and aquaculture

Abu Dhabi’s startup ecosystem ranked fastest growing in MENA, raises $1.06 billion in VC: Report

The emirate was also recognized for its strengths in the FinTech, AgTech and New Food, and ClimateTech sectors

Abu Dhabi’s environment agency joins UAE Alliance for Climate Action Advisory Committee

As an Advisory Committee member, EAD will provide high-level strategic and technical guidance based on its sectoral expertise

Abu Dhabi Finance Week returns in December under the theme ‘Welcome to the Capital of Capital’

This year’s strategic theme aims to unravel the key facets of Abu Dhabi’s strength and value proposition

Fazaa Card benefits and how to apply in the UAE

The Fazaa Card UAE is a multifunctional smart card issued by the government of the UAE

UAE’s ADGM Academy, Ethara sign MoU to develop next-gen Emirati talent

ADGMA and Ethara aim to establish an educational hub that will develop comprehensive training programs

Dubai’s du partners with Oracle Alloy to offer hyperscale cloud and sovereign AI services in the UAE

Through Oracle Alloy, du will offer over 100 OCI services, plus its own cloud services and apps

UAE’s AD Ports expands cruise terminal operations in the Red Sea with $4.7 million investment

The investment will manage and operate the three cruise terminals, expected to open in 2025

Abu Dhabi’s Etihad Airways carries 1.5 million passengers with 84 percent load factor in May 2024

The airline had seen a 38 percent year-to-date increase in passengers, said CEO

Alef Education begins trading on ADX after successful $514 million IPO

Alef Education's market capitalization reached $2.56 billion at the time of listing

UAE’s real GDP to grow by 3.9 percent in 2024, 4.1 percent in 2025: Report

The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025

ADNOC Drilling, Alpha Dhabi joint venture raises stake in Gordon Tech for $270 million

Acquisition follows Gordon Technologies' completion of setting up its Abu Dhabi business