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ABU DHABI NEWS

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Abu Dhabi Climate Meeting Begins
The Abu Dhabi Climate Meeting, ADCM, began today in the capital Abu Dhabi with the participation of more than 1,000 world-renowned political figures and climate action experts.

Abu Dhabi’s Hosting UNCTAD Main Events Will Develop Business Environment: Al Mansouri
Sultan bin Saeed Al Mansouri, Minister of Economy, has said that hosting of main events of UNCTAD in 2020 in Abu Dhabi, underscores the UAE’s position as an important trade and investment hub in the region.

EWEC Announces Full Operations Of World’s Largest Single Solar Project In Abu Dhabi
The AED3.2 billion solar plant, located at Sweihan in Abu Dhabi, is a joint venture between the Abu Dhabi Power Corporation and a consortium of Japan’s Marubeni Corp and China’s Jinko Solar Holding.

NPCC Abu Dhabi Celebrates Completion Of One Of The World’s Largest Offshore Oil Platforms For ADNOC
His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, inaugurated one of the world’s largest offshore oil platforms manufactured in the UAE by the National Petroleum Construction Company (NPCC), a part of Senaat, for Abu Dhabi National Oil Company (ADNOC).

ADGM Launches New FinTech, Innovation Initiatives
Abu Dhabi Global Market, ADGM, has announced its upcoming launch of a new initiative, ’FinTech 50’, and the third edition of the ’Innovation Challenge’, as part of the FinTech Abu Dhabi Festival 2019.

ADFG And SHUAA Agree Transformational Transaction, Creating A Regional Financial Services Powerhouse
Under the terms of the Transaction, SHUAA will issue 1,470,720,000 new SHUAA shares to ADFG’s parent company Abu Dhabi Capital Management (the Strategic Investor) in return for the entire issued share capital of ADFG.

Abu Dhabi Digital Authority Launches AI Training Workshops
The Abu Dhabi Digital Authority, ADDA, in collaboration with IBM, has successfully launched a new set of artificial intelligence, AI, training workshops for Abu Dhabi government employees.

Anarock To Sell Aldar’s Abu Dhabi Properties To Indians
An Indian real estate consultant Anarock has partnered with Aldar Properties to sell housing and commercial assets located in Abu Dhabi to Indian investors.

First Four Startups Join Abu Dhabi’s Hub71
Following a recent announcement from Ghadan 21 that aims to bolster private sector growth in Abu Dhabi, Hub71 has announced today the strategic decision of four startup pioneers to set up a presence with the majority of their development and engineering capabilities at Hub71 in Abu Dhabi.

DEX Secures In Principle Approval For Crypto Asset Exchange From ADGM’s Financial Services Regulator
DEX (Digital Assets Exchange) has secured in principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate a Crypto Asset Exchange as part of the wider digital asset regulatory ecosystem developed over the past year by the FSRA.

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