Abu Dhabi

Finstreet to launch first regulated digital market in ADGM for private, public securities

Finstreet will grant eight licenses to its subsidiary entities to launch the first digital MTF, central securities depository, and private financing platform

UAE targets $27.2 billion in tourism investments by 2031, increasing GDP contribution to $122.5 billion 

In 2023, tourism accounted for 11.7 percent of the UAE’s GDP, amounting to $59.9 billion

Etihad Airways to launch four weekly flights to Warsaw and Prague

The airline will operate these routes using the modern Boeing 787 Dreamliner

NMDC Energy IPO oversubscribed 31.3 times, generating $24 billion in demand

At the close of the subscription period, the retail tranche was oversubscribed 600 times

UAE’s ADNOC launches inaugural $4 billion notes offering under GMTN Program

The net proceeds from this issuance will be utilized by ADNOC Group for general corporate purposes.

Abu Dhabi set to host AIM Congress 2025 in April

The event will address economic challenges through collaborative investment strategies

Softlogic partners with Daikin to advance UAE’s commercial air conditioning industry

The partnership is formed amidst a booming UAE air conditioning market worth over $650 million, driven by real estate growth

Abu Dhabi’s Masdar’s $1 billion green bond issuance drew $4.6 billion in demand, oversubscribed 4.6x

In July 2024, Masdar successfully raised $1 billion through its green bond issuance under its Green Finance Framework

ADNEC’s Tourism 365, Resorts World Cruises partner to boost regional cruise tourism growth

Arabian Gulf deployment to include key locations such as Sir Bani Yas, Abu Dhabi, Dubai, Muscat, Khasab and Doha

flynas launches inaugural flight at Zayed International Airport, linking Saudi Arabia and UAE with affordable travel

This new route will benefit business and leisure travelers, boosting tourism and trade between the two countries

Abu Dhabi’s Yahsat approves interim dividend of $55.79 million for H1 2024

Dividends will be distributed to shareholders registered by the end of the business day on September 12