Local News

ABU DHABI/WAM The Abu Dhabi Investment Office (ADIO) has partnered with Partanna, a Bahamian climate tech company, to establish its regional headquarters and a state-of-the-art manufacturing facility in Abu Dhabi. This collaboration, announced during the inaugural Abu Dhabi Business Week (ADBW), will establish Abu Dhabi as the regional epicentre for carbon-negative building materials, creating new possibilities for global sustainability. The ...

DUBAI/WAM At once a fascinating insight into an extraordinary leader, and the building of a remarkable nation, “To Be the First” is the authorised biography of a man whose legendary drive and singularity of purpose has built not only Dubai and its many icons and sensational achievements, but transformed his entire nation to rise from the barren sands to shape ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call today with His Excellency Nikos Christodoulides, President of the Republic of Cyprus. The two leaders discussed various aspects of bilateral cooperation and explored opportunities to strengthen ties, particularly in economic and developmental sectors, to serve the shared interests of both countries. During the call, ...

ABU DHAB/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, attended evening the Ministry of Foreign Affairs’ celebration of the 53rd Eid Al Etihad at the ministry’s headquarters in Abu Dhabi. The celebration was attended by Zaki Nusseibeh, Cultural Adviser to the UAE President; Reem bint Ibrahim Al Hashemy, Minister of State for ...

ABU DHABI/WAM Emirates Development Bank (EDB) has provided AED1.12 billion in financing to the food security sector, representing 8% of its total cumulative financing. Since the launch of its new strategy in April 2021, EDB’s total financing has reached AED14.72 billion, reflecting the strategic importance the bank places on this critical sector. By supporting food security, EDB seeks to cultivate ...

ABU DHABI/WAM The Ministry of Industry and Advanced Technology (MoIAT), in cooperation with Lulu Retail, has launched a national initiative to promote locally manufactured products. Created to support the objectives of the “Make it in the Emirates” campaign, the initiative will see Lulu stores across the country promoting local products. The initiative will be rolled out in two phases. First, ...

ABU DHABI/AD MEDIA OFFICE Abu Dhabi Department of Education and Knowledge (ADEK) has launched an inclusive initiative offering students from Al Karamah Training Institute (AKTI) the opportunity to explore professional opportunities with leading industry partners in Abu Dhabi. The initiative aligns with ADEK’s Inclusion Strategy for Students of Determination and is a significant milestone in the wider Abu Dhabi Strategy ...

ABU DHABI/WAM Khalifa Fund for Enterprise Development has announced its transformative new strategy and announced the launch of MZN (Arabic word for rainy clouds) Hub, an innovative concept, which utilises AI-driven solutions, to ensure an integrated, cutting-edge ecosystem that provides entrepreneurs with bespoke resources and programmes and empower them to enhance their capabilities. The announcement came during the fund’s participation ...

ABU DHABI/WAM Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to purchase a minority stake in Zelis, a leading provider of healthcare technology solutions in the United States. Mubadala Investment Company is the lead investor, alongside a group of investors including Norwest and HarbourVest. Parthenon and Bain Capital remain the majority owners of Zelis. “We are delighted ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to King Maha Vajiralongkorn of Thailand on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Sheikh Mansour bin Zayed Al Nahyan, Vice President, ...