ABU DHABI/WAM Mubadala Investment Company has committed circa €300 million to partner with leading growth market sustainable infrastructure investor Actis in Rezolv Energy, a rapidly scaling independent renewable energy platform in Central and Eastern Europe. This investment aligns with Mubadala’s broader ambition to invest in leading platforms that will accelerate the global energy transition and develop resilient infrastructure that enables …
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Accompanied by Crown Prince of Abu Dhabi, French President visits Zayed National Museum
ABU DHABI/WAM Emmanuel Macron, President of the French Republic, visited Zayed National Museum in the Saadiyat Cultural District, accompanied by H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. During the visit, the French President and the accompanying delegation toured the museum’s galleries, including the section dedicated …
Read More »UAE boosts investment in tourism sector with competitive incentives
ABU DHABI/WAM The United Arab Emirates has recorded exceptional strides in the tourism sector, both in terms of its growing appeal to visitors from around the world and its ability to attract investment drawn by strong returns supported by a highly competitive investment environment. These achievements form part of an integrated national strategy aimed at reinforcing the UAE’s position among …
Read More »UAE innovative policies strengthen new, circular economy pathways
ABU DHABI/WAM The United Arab Emirates continues to advance the new economy as a core pillar of sustainable economic growth, driven by innovation, advanced technology and the knowledge economy, contributing to economic diversification and enhanced competitiveness across sectors including artificial intelligence, financial technology, the green economy and advanced industries. The new economy reflects the UAE’s clear national vision to build …
Read More »UAE tourism sector delivers AED257.3b in 2025
ABU DHABI/WAM The United Arab Emirates’ tourism sector continued its strong upward trajectory in 2025, consolidating its position as one of the country’s most dynamic economic sectors and a major magnet for investment and visitors, supported by world-class infrastructure, flagship projects and strong competitiveness indicators. Tourism and travel sector contributed AED257.3 billion to gross domestic product, accounting for 13 percent …
Read More »ADNOC secures landmark structured financing of up to $11b for Hail & Ghasha gas development
ABU DHABI/WAM Abu Dhabi National Oil Company (ADNOC), in partnership with Eni S.p.A. and PTT Exploration and Production Public Company Limited (PTTEP), on Thursday announced the successful signing of a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production. The transaction, as part of the Ghasha concession project, will …
Read More »Sage Appliances Launches Luxe Precision Brewer to Revolutionize Home Coffee
DUBAI / GULF TIME Sage Appliances, the global innovator in premium kitchen technology, is redefining home coffee experiences. This season, Sage is introducing a powerhouse launch set to elevate every sip: the brand-new Luxe Precision Brewer, available now. The Luxe Precision Brewer is already making waves among UAE coffee lovers. This sleek, state-of-the-art machine delivers café-quality results with complete versatility …
Read More »Ripe Celebrates a New Season at The Courtyard
DUBAI / GULF TIME Ripe proudly relaunched its much-loved seasonal market at The Courtyard, with a reintroduction of The Collective by Ripe after its summer refresh. With their newest season of Merchants & Makers kicking off and a refreshed look inside The Collective and Boston Lane Café, Ripe remains a community favourite for makers and creators alike wanting to enter …
Read More »UAE President opens Games of Future Abu Dhabi 2025 in presence of Azerbaijani President, UAE guests
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday inaugurated Games of the Future Abu Dhabi 2025, which is being held from 18 to 23 December at the Abu Dhabi National Exhibition Centre (ADNEC), in the presence of His Excellency Ilham Aliyev, President of the Republic of Azerbaijan. His Highness welcomed all participants in Games …
Read More »AD Ports, AVESTO establish logistics joint venture in Tajikistan
ABU DHABI/WAM AD Ports Group on Wednesday signed a Shareholder Agreement with AVESTO Group, one of Tajikistan’s largest private industrial conglomerates, to establish a new joint venture company that will deliver integrated logistics and freight forwarding services across the country. Under the Shareholder Agreement, the joint venture will act as an asset-light freight forwarder in its initial phase, with exclusive …
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