Search Site

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

Abu Dhabi Investment Office concludes investor interaction program

ADIO announced investment opportunities in the sports field.
  • A series of six inaugural events by its international offices discussed expansion opportunities to the UAE capital.
  • ADIO’s offices in London, Paris, Beijing, Seoul, New York and San Francisco each organized an event.

The Abu Dhabi Investment Office (ADIO) has connected with hundreds of global business leaders, entrepreneurs and innovators in a series of six inaugural events organized by its international office network to discuss expansion opportunities to the UAE capital.

ADIO’s offices in London, Paris, Beijing, Seoul, New York and San Francisco each organized an event targeted at introducing their respective markets to the advantages of doing business in Abu Dhabi, ADIO said

The series, which concluded in December, featured speeches and panel discussions from companies that have successfully expanded to Abu Dhabi.

The virtual sessions were supplemented by in-person events and side meetings in the cities that offered opportunities for an exchange of ideas and networking between ADIO and the foreign companies in attendance.

Mohammed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development, said, “The benefits of doing business in Abu Dhabi are unmatched in the region, particularly for companies focused on innovation and technology.”

Within our investment ecosystem, businesses will find strong government support, established infrastructure and enabling regulations to accelerate their next stage of growth. By connecting with innovators across the world, ADIO is ramping up our vision to advance solutions that benefit us all.”

The events hosted by ADIO’s international offices are part of a series of strategic initiatives to help innovative businesses capitalize on opportunities in the emirate, as ADIO doubles down on its efforts to support global investors, ADIO said.

Established in January 2021, ADIO’s international office network connects companies to Abu Dhabi, leveraging local capabilities to tailor ADIO’s range of financial and non-financial incentives to meet the needs of global investors.

It said the international office teams received hundreds of inquiries through the recent event series and have built a pipeline of leads with potential investors exploring expansion to Abu Dhabi.

ADIO’s Investor Care services assist investors at every stage of their Abu Dhabi journey, connecting businesses with the wider ecosystem, providing support with licenses, permits and visas, data and insights on starting a business, and assistance with real estate and banking facilities, and more.

Additionally, ADIO offers incentives to eligible companies as part of its AED2 billion ($545 million) Innovation Programme to accelerate opportunities for investors and support the development of impactful solutions in Abu Dhabi.

The Innovation Programme provides financial and non-financial incentives to innovation-driven companies in high-growth areas, including financial services, information and communications technology, health services and biopharma, tourism and AgTech, among others.