Abu Dhabi

Spanish EOS-X SPACE to launch space flights from Abu Dhabi next year

By 2029, the company seeks to achieve a turnover of $1.127 billion and a gross profit of $324 million

Abu Dhabi, Hong Kong forge cooperative agreement to facilitate global trade, investment flows

The MoU outlines a pledge for mutual cooperation on investment promotion exchanges and support

Yas Island’s eco-friendly city earns top sustainable urban design rating in Abu Dhabi

The Estidama 5 Pearl rating signifies excellence in sustainable design

UAE’s GCAA invests in world-class air traffic controller training to boost aviation safety, efficiency

The contract will see GANS provide training services to GCAA ab-initio air traffic controllers at its training centre in Al Ain

Abu Dhabi’s ADGM reduces license fees by over 50 percent

Fee revisions will be applicable from January 1, 2025

UAE Central Bank’s gold holdings reach $5.54 billion by April end, up 12 percent year-on-year

Reserves increased on a monthly basis by 3.5 percent from AED19.615 billion in March 2024

KEZAD invests $81.67 million in expanding natural gas network in Abu Dhabi

The new network has been developed by KEZAD Group's subsidiary, KEZAD Utilities & Facilities Management Company, in three phases

ADNOC, Mubadala collaborate to cultivate Emirati talent for UAE’s sustainable future

The move aims to develop Emirati talent for crucial sectors through advanced training

Abu Dhabi’s non-oil GDP grows 4.7 percent in Q1 2024

The total value of the emirate’s economy (oil and non-oil sectors) reached AED286 billion during this period

UAE banking sector transfers surpass $1.66 trillion in first four months of 2024

The value of transfers executed through the system increased by over 20 percent year-on-year

Top 5 GCC IPOs by proceeds during H1 of 2024

GCC region raised total proceeds of $3.6 billion from 23 IPOs during the first six months of 2024

GCC companies raise $3.6 billion from 23 IPOs in H1 of 2024: Report

The Kingdom raised $2.1 billion from 19 offerings, making up 59 percent of total GCC IPO proceeds