Abu Dhabi’s non-oil economy grew 12.3% in Q2 2023
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Abu Dhabi’s non-oil economy grew by a record 12.3 per cent in the second quarter of 2023, according to the Statistics Centre – Abu Dhabi (SCAD), as the city’s efforts […]
Mubadala in talks with Temasek for stake in India’s Manipal Hospitals: Report
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Mubadala is in talks to acquire a stake of less than 10 per cent in India’s Manipal Hospitals, in what could be the Abu Dhabi sovereign fund’s first investment in […]
ADNOC Distribution board approves $350m interim dividend
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ADNOC Distribution’s board of directors has approved an interim dividend of $350m (Dhs1.3bn) for the first six months of 2023, equivalent to 10.3 fils per share. The interim dividend represents […]
One visa for six countries: UAE’s plan for GCC travel
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The UAE and other GCC countries are working towards introducing a common visa system that will ease travel and give a boost to regional tourism. The disclosure was made by […]
Alpha Dhabi enters wastewater treatment industry with majority acquisition in Metito Holdings
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Alpha Dhabi Holding announced its acquisition of a majority stake in Metito Holdings, a global leader in the water and wastewater treatment industry, as per state news agency WAM. Pending regulatory […]
DCT Abu Dhabi, Mubadala to invest Dhs50m in cultural industry
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The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Mubadala Foundation have signed a partnership deal to invest Dhs50m in the emirate’s cultural industry over the […]
ADNOC Distribution launches 3 service stations in Egypt
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ADNOC Distribution , the UAE’s largest fuel and convenience retailer, has inaugurated three ADNOC service stations in Egypt, strategically located in key areas across Greater Cairo to offer a full […]
ADNOC & TAQA reach financial close on sustainable water supply project
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ADNOC and Abu Dhabi National Energy Company (TAQA) have completed the financial closing of their $2.2 billion (AED8.3 billion) strategic project in order to provide sustainable water supply for ADNOC’s […]
Abu Dhabi International Airport trials new Terminal A operations
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The Abu Dhabi Global Market (ADGM) said its assets under management (AuM) surged by a record 35 per cent in the first half of the year, as the city’s main […]
ECI & ADEX to support Angola’s digital transformation
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Etihad Credit Insurance (ECI), the federal export credit agency of the UAE, has signed an insurance policy with Abu Dhabi Export Office (ADEX), which aims to support an initiative to […]