Abu Dhabi

Abu Dhabi’s Mubadala expands life sciences portfolio with acquisition of Kelix Bio

The acquisition seeks to boost life sciences sector and economic diversification

UAE gold prices gain, but dollar strength limits record highs

Copper rebounds, yet 11-month highs prove elusive

Investopia 2024: IOTA Foundation launches $10 million investment fund

The fund cements Investopia's position as a global incubator for technology innovation investments, digital trade, and new economy projects

Abu Dhabi extends 10 percent tourism tax waiver until December 2024

The waiver is among several recent measures aimed at fostering the expansion of the tourism and events industry in Abu Dhabi

UAE’s AD Ports Group acquires majority stake in Georgia’s Tbilisi Dry Port

AD Ports Group will initially invest AED61 million in the project

Shareholders of Abu Dhabi’s Bayanat and Yahsat to vote on merger to create SPACE42 valued at $4.1 billion on April 25

SPACE42 set to achieve significant cost and revenue synergies by cross-selling and up-selling existing solutions

Abu Dhabi’s Tabreed shareholders approve new record high dividend payment for FY 2023

Shareholders approved a remarkable dividend payment of 15.5 fils per share

ADGM: Over 70 percent of companies plan workforce expansion in 2024

ADGM is garnering strong support, with nearly 97 percent of business leaders recommend It

Abu Dhabi’s Masdar signs agreement to acquire 50 percent stake in U.S.-based Terra-Gen

Investment to accelerate Terra-Gen's growth trajectory in clean energy

UAE’s overseas investments surpass $2.5 trillion mark in early 2024

One such landmark deal is the historic $35 billion investment agreement with Egypt for the development of Ras Al Hekma

UAE industrial exports surge to $50.9 billion in 2023, marking 61 percent growth

Sheikh Mohammed bin Rashid chaired UAE Cabinet meeting, reviewing accomplishments of industrial sector

ADNOC signs 15-year LNG supply deal with German energy firm

Strategic deal reinforces ADNOC's role in global energy transition