Abu Dhabi

Modon Holding partners with LuLu to develop retail facilities in UAE, Egypt

The two entities will identify prime retail locations, implement smart innovations, enhance logistics, and improve customer experiences

Etihad Airways expands North America network with daily flights to Toronto, Boston

Airline now flies 42 times a week to North America: twice daily to New York JFK, and daily to Boston, Chicago, Toronto, and Washington DC

ADGM appoints Sir Nicholas Patten as Court of Appeal Judge to ADGM Courts

Sir Nicholas Patten replaces the Right Honourable Sir Peter Blanchard KNZM after he recently retired as an ADGM Court of Appeal Judge 

UAE committed to building advanced technological ecosystem that captivates global attention

The country has become the go-to destination for entrepreneurship and talent

Abu Dhabi’s NMDC Group reports $598.96 million net profit in first nine months of 2024, driven by strong project pipeline

A remarkable 68 percent increase in revenues and a 45 percent rise in net profits compared to the same period last year

AD Ports Group generates 22.9 percent of Abu Dhabi’s non-oil GDP: Report

Group’s 2022 activity supported around 398,400 jobs across the UAE, or 14.1 percent of total employment in the non-oil sector

ADPF partners with Aldar for pensioner discounts, benefits via ‘Darna’

The Darna platform will offer pensioners and beneficiaries customized discounts and promotions

Aldar completes redevelopment of Al Hamra Mall in Ras Al Khaimah

The project is part of Aldar's $272.25 million investment initiative in significant retail locations

Abu Dhabi’s luxury real estate market thrives in Q3 2024

Al Reem Island, Yas Island and Al Raha Beach have consistently ranked among the most popular luxury areas for apartments in Abu Dhabi

Abu Dhabi’s PureHealth introduces technology platform to link in-hospital and remote healthcare services

Patients can visit SEHA-affiliated facilities in Al Dhafra for remote consultations and medical exams with PureHealth doctors 

CBUAE reports banks extend $22.1 billion in financial support to SMEs by mid-2024

SME loans made up 9.5 percent of 232.9 billion in financial facilities for commercial and industrial sectors as of June 

Abu Dhabi’s ADIPEC 2024 to explore role of AI, finance in accelerating energy transition

Event to feature more than 1,800 leading innovators, experts, and visionaries from fields of energy and AI

UAE drives regional economic growth: Insights from LSE Deputy CEO

The country has successfully completed 37 bond issues amounting to a total of $18.51 billion 

Abu Dhabi Commercial Bank announces H1 2024 net profit after tax of $1.2 billion

Customer deposits in current and savings accounts totaled AED169 billion by the end of September 2024 

NMDC Energy profits surge 145 percent to $109.45 million in Q3 2024

Revenue in the first nine months of 2024 rose 96 percent to a record high of $2.66 billion

UAE maintains leadership in global labor market competitiveness indicators

The country secured the top position globally in four key indicators from the Institute for Management Development World Competitiveness Yearbook 2024

UAE’s AI firm G42 appoints new Group Chief Strategy Officer

Ali Dalloul brings extensive expertise in AI commercialization, enterprise integration, and product strategy

ADNH Catering shares listed on ADX following successful IPO

The IPO raised gross proceeds of AED864 million, implying a market capitalization of AED2.16 billion at listing

Finance House to invest $81.67 million in Abu Dhabi capital market

This collaboration seeks to enhance market liquidity and financial stability, aligning with the ADX’s vision 

Abu Dhabi, Dubai crowned top cities for expats’ ease of entry globally

Dubai, Abu Dhabi, Riyadh, and Dammam demonstrated adaptability in the face of global economic and geopolitical challenges

Modon sells out phase one of Maysan project on Reem Island within hours

The overall design of the over-600,000-square-meter project is inspired by boutique-style inside/outside living

UAE emerges as region’s top startup hub with over 5,600 registrations in Q2 2024

UAE leads the region in the fintech startup sector, with over 550 companies currently operating in this field

Etihad Cargo boosts belly-hold capacity with 880 passenger flights per week

Expanded winter schedule will boost trade between Abu Dhabi and key global markets, supporting industries reliant on fast cargo transportation services