Abu Dhabi

Empowering a digital UAE

Masood M. Sharif Mahmood on building a future-proof Infrastructure for AI, IoT, and 5G

UAE completes GCC railway commitments, ready to boost regional connectivity, says GCC Secretary-General

Al Budaiwi praised the UAE's key role in major national projects and the Gulf Railway initiative

Space Research Conference 2024: A convergence of minds driving space exploration and sustainability in Abu Dhabi

This event is the UAE's first, uniting global academics, scientists, industry leaders, and policymakers

UAE committed to enhancing global trade system through strategic agreements, investments in key sectors: WTO

WTO’s Johanna Hill noted that "the UAE is playing an incredible role in world trade” 

ADX launches Abu Dhabi-wide program to boost financial, investment education

The financial education program includes a series of workshops organized in collaboration with ADX member firms

Abu Dhabi tops Global SWF charts with $1.7 trillion in assets under sovereign wealth fund management

The top six cities manage two-thirds of sovereign wealth fund capital globally, which amounted to $12.5 trillion in October

Abu Dhabi Department of Energy engages stakeholders to improve safety, compliance in the petroleum sector

Voluntarily following safety protocols provides key benefits: safer communities, greater efficiency, cost savings, and a stronger reputation 

ADIA establishes subsidiary in India’s GIFT City

The subsidiary has received regulatory approval from the IFSCA and is now operational

Abu Dhabi’s Masdar expands clean energy to 31.5 GW, generating 26,700 GWh and avoiding 14 million tons of CO2e

This is up from 10 million tons last year, equivalent to removing nearly 870,000 vehicles 

DoH – Abu Dhabi, Ma’an raise over $4 million for Abu Dhabi health Research and Innovation Grant

This initiative supports DoH’s mission to transform the regional healthcare landscape through science and technology 

Etihad, DCT Abu Dhabi ‘stopover’ initiative sees 242 percent surge in travelers

The initiative's relaunch has surpassed expectations and significantly boosted the emirate's tourism industry

ADX records 15 major deals on ADNOC Gas and Modon valued at $724.2 million

The first transaction involved 505.8 million shares of Modon Holding for AED2.44 billion across six deals at AED4.83 per share 

ADIPEC 2024: Global energy industry to explore role of AI, finance in energy transition

Three new conferences to feature new voices from finance, technology, youth and the Global South

M42, ADGM Academy partner to upskill Emirati professionals in health tech

Partnership to create an educational hub to train the next generation of Emirati professionals across various health tech roles

UAE, Saudi Arabia top Arab region with $32 billion in gross written premiums 

Global gross written premiums totaled about $6.78 trillion at the close of 2022

UAE insurance sector profits reach $680.6 million in 2023, reports CBUAE

The total number of insurance policies written across all types in the UAE surged to 14.6 million 

Abu Dhabi sets new mortgage records in Q3 with $3.67 billion in 2,594 transactions 

This represents the highest quarterly volume seen in recent years

Abu Dhabi’s ADQ accelerates AI adoption across its portfolio with EQTY Lab solutions

Teams will deploy a new AI Integrity suite that aims to ensure ADQ’s AI models are reliable, secure and transparent

UAE’s Space42 makes debut on ADX following Bayanat and Yahsat merger

Space42 merges Bayanat’s sophisticated geospatial analytics with Yahsat’s premier satellite communications and AI innovations

ADNOC International to acquire German chemical firm Covestro

Deal will further drive the diversification of ADNOC’s chemical portfolio

Abu Dhabi’s Fertiglobe approves $150 million interim dividend for H1 2024

This translates to AED551 million or 6.6 fils per share 

ADNOC Drilling announces Turnwell JV to execute $1.7 billion unconventionals contract

Turnwell adopts batch drilling, which is a method that improves efficiency and reduces costs

Crown Prince of Abu Dhabi holds talks with Qatar’s Emir, uncovers new avenues for strategic partnership

The talks focused on advancing joint cooperation in strategic sectors of mutual interest

GCC sovereign wealth funds deploy $55 billion in first 9 months of 2024: Report

The region now has seven active stock exchanges that host 877 listed companies with an aggregate market capitalization of $4.3 trillion