Abu Dhabi

UAE’s ADNOC Drilling awarded $733 million contract for three AI-powered island rigs

These new rigs will support the growing operations at the offshore Zakum field

UAE’s ADIB releases comprehensive ESG report, highlights $1.51 billion in sustainable finance and net zero commitments

The bank reduced Scope 1 emissions by 65 percent compared to 2022 and set 2030 emissions reduction targets for six portfolio sectors

Dubai’s Q2 residential real estate market soars with 35,310 transactions and 20.5 percent YoY growth

The surge was driven by the rising popularity of customizable units and stable investment returns

Abu Dhabi’s EAD, TotalEnergies partner to conserve and restore coastal ecosystems in the emirate

As part of this collaboration, EAD and TotalEnergies will research, monitor, and evaluate Abu Dhabi's coastal ecosystems

UAE’s ADNOC embraces AI for sustainability, drives $500 million in savings and 1 million tons of carbon cuts

Last year, ADNOC implemented over 30 AI tools to improve the efficiency of its projects

Top Gulf sovereign wealth funds invest $38.2 billion in 58 deals in H1 2024: Report

Sovereign wealth funds globally invested $64.2 billion in 135 deals while PPFs spent $31.9 billion on 101 deals in H1 2024

Abu Dhabi ranks as world’s safest city, tops GCC in quality of life index

In a list of 311 cities, Abu Dhabi has ranked highest on the safety index (88.2) and lowest on the crime index (11.8)

Abu Dhabi’s Yahsat selects SpaceX to launch advanced new geostationary satellites AY4 and AY5

The agreement is part of the AY4 and AY5 procurement program, expected to cost $1.06 billion

Miral destinations to explore when in Abu Dhabi

From Saadiyat Island’s Cultural District to four world-class theme parks on Yas Island

e& UAE, Khalifa Fund for Enterprise Development partner to accelerate local startup growth

Khalifa Fund members will gain access to special offers and tailored telecommunications and digital solutions from e& UAE through a dedicated online portal

From Middle East to Africa, travel sector reaches new heights in 2024: Report

UAE ranked among the top 10 global travel destinations in the past year

Experts forecast robust growth for the UAE economy in 2024 amid global challenges

In 2023, the UAE's GDP reached AED1.68 trillion, growing by 3.6 percent