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Mubadala to invest Dhs3.1b in Reliance Retail Ventures

01 Oct 2020

Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, on Thursday announced it will invest 62.48 billion rupees (Dhs3.1 billion) into Reliance Retail Ventures Limited (RRVL), a subsidiary of India’s...

UAE ensures flexible economic strategy in post-COVID years

27 Sep 2020

Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, on Sunday chaired the 59th meeting of the Gulf Cooperation Council (GCC) Commercial Cooperation Committee, under the framework...

ADP to enhance Abu Dhabi’s rank as a global hub for trade

27 Sep 2020

Abu Dhabi Ports (ADP), part of ADQ - one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy,...

Abu Dhabi climbs business events destination rankings

23 Sep 2020

ABU DHABI: The Emirate of Abu Dhabi is celebrating two new significant business events-related achievements, after the Abu Dhabi Convention and Exhibition Bureau (ADCEB) unveiled news that the UAE capital...

Adnoc invests $245m to upgrade oil lines, Jebel Dhanna terminal

09 Sep 2020

ABU DHABI: Adnoc Onshore, a subsidiary of the Abu Dhabi National Oil Company (Adnoc) on Wednesday announced the award of two Engineering, Procurement, and Construction (EPC), contracts to upgrade two...

Adnoc inks $5.5 billion real estate deal with Apollo-led consortium

02 Sep 2020

The Abu Dhabi National Oil Company (Adnoc), announced on Wednesday that it has entered into a long-term strategic investment with accounts and entities owned and/or advised by Apollo Global Management...

Abu Dhabi issues $5b multi-tranche 50-year bond

02 Sep 2020

Abu Dhabi: The emirate of Abu Dhabi on Wednesday successfully completed a $5 billion multi-tranche bond offering, which represents a continuation of Abu Dhabi’s commitment to fiscal sustainability. Underpinned by...

4,500 Holstein cows arrive in Abu Dhabi to enhance food security

05 Jul 2020

The first shipment of some 4,500 Holstein cows, one of the best breeds for milk production, have arrived at the Khalifa Port from the Republic of Uruguay. The shipment...

Abu Dhabi Investment Office endows in Shorooq Partners’ Bedaya Fund to increase access

17 Jun 2020

The Abu Dhabi Investment Office (ADIO) has invested in the Bedaya Fund to increase access to capital for promising startups in Abu Dhabi. The $40 million (Dhs147 million) Bedaya...

Abu Dhabi Investment Office spurs on growth of innovation-focused companies

05 Feb 2020

Investors’ confidence in the country’s investment landscape is going north. A recent 2019 Foreign Direct Investment Transparency Index in Abu Dhabi registered 73.8 points in a 100-point scale. The score...

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