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Waha Capital To Invest In Leading Latin American Online Travel Company
Waha Capital and Despegar.com entered into a private placement through which Waha Capital will invest in series B preferred shares convertible into ordinary shares for an aggregate purchase price of AED 184 million (US$50 million).
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Aurora50 Announces Far-Reaching Agreements With ADGM, ADX, DIFC, DFM And Nasdaq Dubai To Drive Board-Level Gender Balance
In a move with far-reaching effects, Aurora50 and five of UAE’s prominent financial centres and exchanges, have agreed to collaborate on enhancing female representation at the board-level.
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AED885 million profits reported by listed investment, finance companies in Q2
The investment and finance firms listed on local capital markets saw their profits jump to around AED885 million during Q2-2020 from as little as AED13 million only in the comparable period last year.
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FAB distributes nearly AED4 million as part of COVID relief measures to over 6,000 SME merchants
First Abu Dhabi Bank is disbursing nearly AED 4 million in rebates to merchants as part of Abu Dhabi’s relief measures initiated by the effects of COVID-19.
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ADIHEX’s 18th edition To Be Extended To Seven-Day International Fair
The Higher Organizing Committee of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) have announced that the 18th edition of the event will take place over seven days from 27th of September to 3rd of October 2021.
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Abu Dhabi Investment Office, ADQ To Further Invest In The Emirate’s Start-Up Ecosystem
As part of their collaboration, ADQ and ADIO will also create winning propositions for companies using a combination of equity investments and incentives.
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Saif Bin Zayed Chairs Council For Digital Wellbeing Meeting
H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, virtually chaired on Sunday the 2nd Meeting of the Council for Digital Wellbeing 2020.
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MoHAP Introduces Additional Telemedicine Services To Virtual Doctor Platform
The Ministry of Health and Prevention, MoHAP, has ushered in additional telemedicine and health monitoring services to the Virtual Doctor Platform by offering remote specialised care and medical consultations.
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VOX Cinemas To Reopen In Abu Dhabi And Al Ain On Monday, 17 August
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, is pleased to announce that VOX Cinemaswill reopen in Abu Dhabi and Al Ain on Monday.
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Aldar Offers Customers The Possibility To Pay Rent By Credit Card
Residents will initially be able to pay their rent by credit card in person via Provis, Aldar’s real estate management company, with online and mobile payment facilities to follow.
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Musalla At Al Hosn Wins Prestigious A+ Architizer Architectural Award
Abu Dhabi’s global reputation for excellence was further enhanced this week after the iconic Musalla of Al Hosn site won yet another prestigious award for its world-class architecture.
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Masdar and EDF Renewables agree to partner in eight renewable energy projects in United States
Masdar, one of the worlds leading clean energy developers and a subsidiary of Mubadala Investment Company, today announced its second strategic investment in the United States.
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Tawazun To Build, Develop Satellite Assembly, Integration And Testing Centre
The AIT Satellite Centre will develop and build communication, navigation and hyperspectral satellites ranging in size between 50 and 250 kilogrammes and it is planned to commence operations at the beginning of 2021.
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Khalifa University Launches Sustainable Aviation Fuels Initiative - UAE Webinar Series
The SAFI - UAE Webinar Series will include a panel session and will take place over 8 to 10 weeks.
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Abu Dhabi Securities Exchange (ADX) Announces Listing Of Mamoura Diversified Global Holding’s Bonds
Abu Dhabi Securities Exchange (ADX) announced today that it has listed US$4 billion Fixed Rate Notes issued byMDGH GMTN B.V. and guaranteed by Mamoura Diversified Global Holding PJSC (MDGH).
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ADCCI’s ’Chamber Talk’ Helps Spread Awareness On Best Methods Of Tackling Impact Of COVID-19
There are 23 webinars in total while the remaining ones are scheduled to take place over the next month.
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Abu Dhabi Business Facilities Told To Increase Workforce Capacity To 60%
The Abu Dhabi Department of Economic Development, ADDED, has issued a new circular directing owners and managers of commercial and industrial facilities in Abu Dhabi to increase their on-site workforce to 60 per cent.
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CAPEX.com Amongst First Brokers To Receive Retail License From ADGM FSRA
CAPEX.com, a leading global broker operated by Key Way Markets Ltd, has become one of the first brokers to receive a retail license from the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA).
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Department Of Municipalities And Transport Forms Abu Dhabi Maritime To Regulate Maritime Sector
The new body has been formed based on an agreement between Abu Dhabi Ports and DMT, in which both entities agreed to cooperate in launching a wide variety of integrated services and facilities.
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UAE Travel Advisory Update: COVID-19 PCR Tests Mandatory For All Inbound Passengers
The UAE has announced that COVID-19 test will be mandatory for all inbound and transit passengers, including Emiratis, residents, and tourists, arriving via the country’s airports, irrespective of the countries they are coming from.
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Abu Dhabi On Track To Becoming Completely ’Go Safe’ Certified
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced its Go Safe certification initiative, which is aimed at elevating and standardising hygiene and cleanliness levels across tourism and retail establishments in the emirate.
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Quote From H.E Khalifa Al Mansour, ADX Chief Executive, On The Occasion Of Chimera Capital LLC Launching The First Exchange-Traded Fund Tracking S&P Shariah-Compliant Index In The UAE
ADX congratulates Chimera Capital LLC for developing this product, the first in the UAE to offer a tailored Shariah-compliant index for investors.
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NYUAD Art Gallery Launches Fifth Digital Archive
The New York University Abu Dhabi, NYUAD, Art Gallery will launch its fifth digital archive, "Inventing Downtown: Artist-Run Galleries in New York City, 1952–1965", as part of its TRACE: Archives and Reunions series, on 28th July.
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New Database To Help Investors Evaluate Business Climate In Abu Dhabi
He added that it will help decision makers formulate policies and directions which could enhance economic diversification and growth to achieve sustainable development.
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Khalifa Fund And Elite Agro Announce Partnership Agreement To Enhance Food Security Levels
The MoU was signed virtually today by Mouza Obaid Al Nasri, Acting CEO of Khalifa Fund for Enterprise Development and Dhafer Rashed Alqasimi, General Manager of Elite Agro.
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Guggenheim Abu Dhabi Launches Virtual Programme ’In The Studio’
Guggenheim Abu Dhabi has launched "In the Studio", a new virtual programme running from 16th July to 18th August, 2020, which will introduce the public to local Abu Dhabi artists through a series of studio visits and interviews.
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Abu Dhabi School Of Government, IBM To Enhance Digital Skills Among Young People And Professionals
The Abu Dhabi School of Government, ADSG, and IBM, today announced a joint collaboration to promote digital skills among young people and professionals within the ADSG ecosystem, via IBM Digital - Nation learning platform.
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Abu Dhabi Global Market Recognised For Developments In Arbitration By GAR Awards 2020
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to announce that it has been awarded ’Jurisdiction that has made great progress’ by the GAR Awards 2020.
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Hub71 Appoints New CEO, Selects Eleven New Global Startups
Hub71, Abu Dhabi’s global tech ecosystem based in Abu Dhabi Global Market Square, today announced the latest startups to have been selected for the Hub71 Incentive Programme’s second cohort of the year.
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Abu Dhabi Fund Suspends Debt Repayment For Beneficiary Countries, Companies
"The sole objective behind the decision is to help them weather the economic fallout of the COVID-19 pandemic," ADFD said in a statement on Sunday.
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ADEK, StartAD Open Applications For Inaugural YouthTech Competition
The Abu Dhabi Department of Education and Knowledge, ADEK, has joined forces with startAD, the Abu Dhabi-based global accelerator anchored at NYU Abu Dhabi, NYUAD, and powered by its partner Tamkeen to launch the inaugural edition of the YouthTech Competition.
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DCT Abu Dhabi Launches Virtual Guided Tour Programme At Al Hosn Site
Al Hosn recently conducted its first virtual guided tour via Zoom for a group of 160 students - the first virtual guided tour conducted at a cultural site in Abu Dhabi.
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France To Celebrate First Ever ’Digital National Day’ In UAE
The French Embassy in Abu Dhabi has decided to celebrate the national day through the Embassy’s website and on social media channels, in line with the current safety measures and public health recommendations.
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Central Bank Launches New ’Overnight Deposit Facility’ For Banks
Effective 12th July, 2020, the Central Bank of the UAE, CBUAE, will introduce a new deposit facility named Overnight Deposit Facility, ODF, which will enable conventional banks operating in the UAE to deposit their surplus liquidity at CBUAE on an overnight basis.
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Midchains, Abu Dhabi-Based Virtual Asset Trading Platform Closes Latest Funding Round
MidChains, the upcoming virtual asset trading exchange based in Abu Dhabi, today announced that it has closed its latest funding round with investments from Mubadala Capital.
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100-Year Old Al-Sarh Tree Discovered In Abu Dhabi
Studies by the Environment Agency - Abu Dhabi, EAD, have identified a single example of a species of tree not previously recorded in the Emirate, it was announced today. It is believed by local inhabitants to be over 100 years old.
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Abu Dhabi Islamic Bank Raises Foreign Ownership To 40%
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced raising the percentage of foreign ownership to 40%, from 25%, of its issued capital effective from today.
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Next Gen Abu Dhabi begins first nanodegrees in future skills
In the initial rollout, the programme has partnered with Udacity to provide the nanodegrees.
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SZBA Hosts Virtual Seminar Exploring Digital Impact On Publishing Sector
The Sheikh Zayed Book Award, SZBA, has explored digital impact on the publishing sector during a seminar entitled ’Building a Digital Ecosystem for Knowledge’ last week.
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SEHA Opens National Screening Centres On Fridays And Saturdays, Extends Operating Hours
Ambulatory Healthcare Services (AHS), a SEHA healthcare Facility, has announced that the National Screening Centres will now operate on Fridays and Saturdays and operating hours will be expanded to be from 10 AM to 8 PM, in order to increase testing capacity.
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Sheikha Fatima Orders Launch Of Virtual Market For Productive Families
H.H. Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, GWU, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation.
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TAQA Completes Transaction To Create One Of The Largest Utility Companies In EMEA
Abu Dhabi National Energy Company, TAQA, on Wednesday announced the successful completion of its transaction with Abu Dhabi Power Corporation, ADPower, creating one of the largest utility companies in the Europe, the Middle East and Africa, EMEA, region.
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ADNOC Distribution Passes 400th Station Milestone With Opening Of Saadiyat Station
ADNOC Distribution has marked a major milestone in the opening of its 400th station on Saadiyat island, Abu Dhabi and the delivery of 25 new stations year to date in 2020.
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Aramex, Mubadala Healthcare To Provide Door-To-Door Medical Supplies Service
Aramex on Tuesday announced that it has partnered with Mubadala Healthcare, a unit of Mubadala, to distribute door-to-door critical medical supplies to patients across the UAE.
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