UAE stocks see US$1.7bn inflow, IHC, Emaar lead
ABU DHABI, UAE- The UAE stock markets attracted liquidity of nearly AED6.5 billion during the week's trading, with the focus mainly on stocks in the real estate, financial and banking sectors.The weekly liquidity was distributed as follows: AED4.57 billion in the Abu Dhabi market and about AED1.9 billion in the...
$1bn Guggenheim Abu Dhabi to open in 2025
Guggenheim Abu Dhabi being built at a cost of one billion dollars is set for the inauguration in 2025, according to the UAE capital’s culture and tourism department.Abu Dhabi H1 real-estate deals hit $6.4bn
The real-estate sector in Abu Dhabi recorded 3,425 real-estate sales transactions worth AED9.02 billion (around $2.46 billion), and 3,621 mortgage transactions worth AED14.55 billion (around $3.96 billion), according to the Department of Municipalities and Transport.Kuwait plans customs virtual corridor with Abu Dhabi
The customs departments of Kuwait and Abu Dhabi are planning to form a virtual corridor.UAE and WEF to hold ‘Great Directions for the Future’ dialogue in Abu Dhabi
The United Arab Emirates in partnership with the World Economic Forum will hold a two-day long gathering of thinkers to exchange ideas on ‘Great Directions for the Future’ dialogue in November.Agthia to pay $17.8m in H1 dividend
The Abu Dhabi-listed company will pay AED 65.31 million cash dividend.MidChains finishes first trades of assets
Abu Dhabi-based virtual asset trading platform has traded in Bitcoin, Ethereum, Litecoin, etc.Abu Dhabi, Pakistan discuss boosting business ties
The chamber is ready to offer all the services required to help Pakistani businesses and entrepreneurs in Abu Dhabi.Mubadala mining JV unit sold
Matsa is a JV subsidiary of Mubadala and Trafigura.Abu Dhabi’s Mubadala and Trafigura Group to sell Spanish mining complex for $1.87bn
Abu Dhabi’s sovereign investor Mubadala Investment Company and global commodities trader Trafigura Group will sell the Minas De Aguas Teñidas (MATSA) mining complex in Spain.Abu Dhabi to use drones for delivery of vaccines and drugs
DUBAI: Abu Dhabi's department of health (DoH) will be using drones for the transport of high-value medical goods such as Covid-19 vaccines, blood, and lab samples. The DoH will be using the drone network of Matternet, a US-based company providing on-demand delivery platforms, in collaboration with the logistics company Skygo....Dubai approves $17.7 billion over 20 years for citizens’ housing
The outlay is for the next 20 years, Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum said.Adnoc Drilling IPO increased
Adnoc Drilling will list on the ADX on or around October 3.Abu Dhabi Stem Cells Center to hire 1,000 citizens in 5 years
The Abu Dhabi Stem Cells Center will hire 1,000 citizens during the next five years in medical and administrative roles, as well as train Emirati medical cadres.RoyalJet comes to Dubai to cater to high demand for charter planes
In order to cater to growing demand for charter planes, RoyalJet, the wholly owned subsidiary of the Abu Dhabi-owned RoyalJet Group, has expanded its presence in the UAE by adding Dubai as its new operating base.Adnoc eyes 2GW hydrogen growth
Adnoc has inked deals with British Petroleum and Masdar for this.Abu Dhabi to obtain material for giant solar project from Hitachi ABB
Abu Dhabi will obtain large generator step-up (GSU) transformers, protection and telecommunication systems for the Al Dhafra PV2 Solar project from Hitachi ABB Power Grids.Fans to return in small numbers to UAE leg of Indian Premier League
The Board of Control for Cricket in India, in a statement on its website, has confirmed the earlier reports, which now mean that the UAE will earn even more revenue than what it usually generates from the sporting events it hosts.Etihad to fly to Saudi again
In a statement to Arabian Business, the carrier confirmed that passenger flights would recommence between Abu Dhabi and Saudi Arabia from Saturday, with services connecting the UAE capital with Dammam, Jeddah and Riyadh.Abu Dhabi’s Yahsat to use SpaceX for its satellite launch
Yahsat, the Abu Dhabi’s satellite company, has picked up SpaceX to launch its next generation Thuraya communications satellite in the second half of 2023.AD Ports plans new $154m terminal
The new terminal will be at the Khalifa Port in Abu Dhabi.Eltizam Group buys Inspire Integrated for $10m
Continuing with its expansion strategy, Eltizam Asset Management Group, a subsidiary of the Abu-Dhabi based International Holding Company, acquired Inspire Integrated for 37 million dirhams ($10 million).ADQ to list Abu Dhabi Ports on ADX
ADQ, one of the largest holding companies, has announced its plan to list Abu Dhabi Ports Company on the Abu Dhabi Securities Exchange (ADX).Saudi and Abu Dhabi crown princes review bilateral relations
Saudi Arabia's Crown Prince Mohammed bin Salman and the Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed reviewed issues of common interest vital to both countries in a phone call.GCC equity markets shine in H1 2021
The growth was spurred by abundant liquidity created by easing monetary and fiscal policies besides a rebound in oil prices.Mubadala buys gas field stake
It has spent $1.03 billion to buy a stake in the Tamar gas field.UAE announces 50 national development projects
The projects are expected to lay the foundations for further growth of the UAE.No quarantine for fully vaccinated foreign travelers visiting Abu Dhabi
Abu Dhabi lifted its quarantine requirement for vaccinated tourists on Thursday as the UAE recorded zero Covid deaths for the first time since November 2020. However, before boarding for Abu Dhabi, all travellers — both vaccinated and unvaccinated – are required to present a negative PCR test result from within...Now website owners may apply for ‘.abudhabi’ domain names
Abu Dhabi’s Department of Government Support has announced ‘.abudhabi’ as the official internet TLD name for the emirate.Agthia to buy Dubai snack company
The group has endorsed the full acquisition of BMB Group.UAE, Turkey leaders discuss ways to boost bilateral relations
The phone call between Abu Dhabi's Crown Prince and Turkish President marks the highest-level interaction in yearsTabreed ups cooling-scheme stake
The exclusive scheme supplies Al Maryah Island in Abu Dhabi.Abu Dhabi directs residents to take Covid booster shots
Residents of Abu Dhabi have been directed to take a booster shot of the Sinopharm Covid vaccine by September 20, six months after taking the second dose of the vaccine.Al Seer Marine of IHC lists on ADX
The subsidiary of the International Holding Company has been listed under the ticker ASM.Abu Dhabi bourse to cut trading commissions by 50%
The Abu Dhabi Securities Exchange (ADX) has cut its trading commissions by 50%, and will extend its trading hours by one hour from Oct. 3.UAE begins Unit 2 of Barakah Nuclear Power Plant
The United Arab Emirates has unveiled Unit 2 of the Barakah Nuclear Energy plant, located in Abu Dhabi’s Al Dhafra region.Women-only business package introduced in Masdar
Masdar City Free Zone offers opportunities for UAE women who constitute 70 percent of UAE university graduates and are also form an important part of Masdar’s R&D hub.ADNOC L&S acquires line boats
Boats used for marine services at Abu Dhabi petroleum ports.Abu Dhabi Judicial Department pulls up banks over loan guarantees
Failing to take guarantees is a violation of the requirements and controls regulating the granting of loans, said the department.Abu Dhabi’s IHC looks at ‘few billion dollars’ deals
International Holding Co (IHC), Abu Dhabi’s largest conglomerate, is looking at acquisitions of various companies in different sectors.ADIB launches Islamic digital bank for children
Called Amwali, this digital bank is expected to serve those between the ages of eight and 18.UAE, Philippines explore space sector collaboration
To this end, the UAE Space Agency hosted the Philippines Ambassador to the country along with a virtual delegation from the Philippines Space AgencyAbu Dhabi to be out of bounds for unvaxxed
Abu Dhabi will be effectively out of bounds for unvaccinated people from Friday in order to curb the transmission of the coronavirus in the capital of the United Arab Emirates.Abu Dhabi updates Covid-19 travel list of ‘green’ countries
Travelers from these countries need not quarantine on arrival in Abu Dhabi.Abu Dhabi issues new Covid-19 norms for tourism and leisure venues
Restaurants can operate at 80 percent of their capacity and allow a maximum of 10 people at a table who must wear a mask while moving about. Gyms and spas can operate at 50 percent of their capacity and wedding halls can have a maximum of 100 attendees.Khalid Al Qubaisi new ADES CEO
Al Qubaisi served as a VP at Mubadala Investment Company.Covid-19: Abu Dhabi issues new travel norms for green countries
From Sunday, vaccinated travelers arriving into Abu Dhabi from green list destinations will have to take a PCR test on arrival and another on day 6 without the need for quarantine. Travelers from other destinations need to take a PCR test on arrival, quarantine for seven days and take a...Park featuring world’s largest aquarium 64 percent complete
The aquarium will be home to 68,000 marine animals including, sharks, schools of fish, manta rays and sea turtles.Sky Abu Dhabi to invest around $1bn in Egypt in two years
Sky Abu Dhabi Development will invest nearly a billion dollars in Egypt during the next two years in the North Coast and in New Cairo.TAQA’s net income shoots up 42 percent to $790m in first half
TAQA, the Abu-Dhabi government’s energy holding company, has reported a 42 percent jump in its net income for HI 2021 to $790 million compared to the same period last year, after a big contribution from the oil and gas segment.ADNOC and Fertiglobe to sell blue ammonia to Idemitsu
The sale is part of UAE-Japan industrial cooperation and development of ammonia supply chains.

















































