#Abu Dhabi

787 Dreamliner

ATM 2023: Etihad unveils new 787 Dreamliner seats

The Boeing 787 aircraft is the first in the world to offer the Elements seat

Etihad Cargo

Etihad Cargo bolsters presence in China with fourth gateway destination

The airline currently offers five passenger flights to Shanghai, Beijing Daxing and Guangzhou each week

AD Ports Group strengthens fleet

AD Ports Group bolsters its fleet with Dhs955m investment

The acquisition of the new vessels is part of the company’s expansion strategy that is aimed at broadening its portfolio of services

electric aircraft

Abu Dhabi to launch first sustainable electric aircraft manufacturing facility in MENA

Monarch Holding and EHang Holdings have signed a partnership agreement to establish the facility in the region

Al Ghurair Foods

KEZAD Group, Al Ghurair Foods team up for Dhs1bn food processing projects

The agreement will mark the first phase of Al Ghurair Foods division’s investments in KEZAD

Ethmar

Abu Dhabi royal-led firm Ethmar to list after capital raise

The firm which holds more than 25 subsidiaries is chaired by Sheikh Hamdan bin Mohammed bin Zayed Al Nahyan

Christian Hoehn, general manager of The Ritz-Carlton Abu Dhabi, Grand Canal.

The Ritz-Carlton Abu Dhabi, Grand Canal launches on-site vertical farm

The farm is expected to generate 10kg of produce daily and has a 41 sqm footprint

Ray Dalio, hedge fund billionaire, opens family office in Abu Dhabi

Ray Dalio set to open branch of family office in Abu Dhabi

The Dalio Family Office helps handle the billionaire’s private investments as well as his philanthropic donations

Mubadala co-leads funding round.

Abu Dhabi’s Mubadala co-leads Hasten Biopharma’s $315m funding round

The firm plans to use the proceeds to fund acquisitions and business development of innovative assets in the pipeline

Abu Dhabi parking free

Free public parking in Abu Dhabi for Eid Al Fitr holiday

The transport authority urged drivers to avoid parking in prohibited areas and blocking traffic movement

TAQA power generation

Abu Dhabi’s TAQA sells $1.5bn in dual-tranche bonds

Proceeds from the five-year tranche will be used for general corporate purposes while the 10-year green bond will be used to finance projects as set out in the framework

ADCB Group Q1 2023 results

ADCB’s Q1 2023 profit surges to $509m on higher net interest

The bank’s net interest income rose by 33 per cent to Dhs2.85bn while non-interest income surged by 34 per cent to reach Dhs1.06bn

Mubadala and G42 launch of M42

Abu Dhabi’s Mubadala, G42 launch tech-enabled healthcare firm

The merged entity is expected to transform the way care is delivered while bridging the gap between the latest healthtech advancements and the clinical outcomes patients receive

AZADEA Group opens 23 new stores in Abu Dhabi’s Reem Mall

AZADEA Group expands footprint with 23 new stores in Abu Dhabi

The lifestyle retailer said the expansion will give visitors to Reem Mall a wider selection of top brands to pick from, including 10 franchises debuting in the city for the first time

SF Airlines

Etihad Cargo, SF Airlines to connect hubs and expand network

Etihad Cargo will operate the flights on a Boeing 777 freighter, with services commencing on April 28

Mubadala to invest in Brazil

Mubadala commits to invest $2.5bn in clean fuel in Brazil

The investment will be made through the company’s Acelen unit in Brazil and the company expects to start production in the first quarter of 2026

new bridge

Abu Dhabi inaugurates new bridge, slashes travel time to 3 minutes

Situated on Abu Dhabi Al Ain Road (E22), the new highway improves traffic flow to and from Bani Yas and other nearby areas

Toronto

Etihad to go daily to Toronto from Abu Dhabi

The additional weekly service will commence on May 30

UAE climate Tech announced dr-sultan-ahmed-al-jaber-COP28-president-designate

UAE Climate Tech: MoIAT to host ‘first-of-its-kind’ forum with ADNOC, Masdar

Ahead of COP28, the forum will explore innovations and economic opportunities supporting global efforts to net zero emissions by 2050

Abu Dhabi University

Abu Dhabi University to regulate use of ChatGPT in education

The guidelines presented emphasise the ethical use of ChatGPT, in line with the university’s policies and procedures

Abu Dhabi unveils fund to boost tourism

Abu Dhabi launches fund to boost business tourism

The fund aims to boost business-to-business events, provide financial support and incentives to event organisers and agencies

AD Ports completes merger

AD Ports completes merger of KEZAD Communities and Al Eskan Al Jamae

The merger has created Abu Dhabi’s largest integrated staff accommodation company

Abu Dhabi announces new speed limits

Abu Dhabi: Speed limit on Sheikh Mohammed bin Rashid Road starts from May 1

Motorists driving below 120km/h on the first two lanes of the four-lane highway will be fined Dhs400

DFM and Dubai Chamber

DFM, Dubai Chamber of Commerce partner to boost IPOs

The two entities have partnered with advisory firms that are a key part of the city’s financial and business ecosystem

Aldar and Mubadala to work on developing Al Maryah Island Photo

Aldar Properties, Mubadala to jointly develop commercial tower on Al Maryah Island

Upon completion of the initial office tower’s construction, which is expected by the end of 2026, the property will be managed by Aldar Investment

Aldar unveils the Source

UAE’s Aldar Properties unveils homes dedicated to health and wellbeing

Construction of the project is set to start in the last quarter of 2023, with handovers projected for Q3 2026

shipping service

AD Ports Group introduces new shipping service to Kuwait

The service aims to improve commercial connectivity and facilitates trade with Kuwait

Ahmad Ali Alwan_Impact Event by HUb71

Abu Dhabi’s Hub71 sees robust 102% growth in in 2022

Hub71 and its focus on driving impact for startups and Abu Dhabi has led to the facilitation of 41 POCs for corporate partners valued at Dhs160m by the end of 2022

Mubadala Building jv with Ares.

Mubadala, Ares create $1bn JV to invest in credit secondaries

The venture represents a key milestone for both organisations and will enhance Mubadala’s positioning within the secondaries credit market

esports K-12 school

This K-12 school in Abu Dhabi launches first esports hub

The facility, located in Aldar Education’s West Yas Academy, will provide students access to gaming equipment, innovative software and immersive experiences