News

ADIO, ADCCI sign pact to boost Abu Dhabi’s growth

ABU DHABI / WAM The Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Chamber of Commerce and Industry (ADCCI) have formed a strategic partnership aimed at unlocking investment opportunities and accelerating economic growth in Abu Dhabi. This collaboration reflects a shared commitment to promoting innovation and sustainable growth while reinforcing Abu Dhabi’s position as a premier global business destination. ...

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Saif bin Zayed inaugurates WeProtect Global Summit in Abu Dhabi

ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, delivered a keynote speech during the opening of the WeProtect Global Summit in Abu Dhabi, co-hosted by the UAE Ministry of Interior and the WeProtect Global Alliance. Extending a warm welcome to attendees, Sheikh Saif conveyed greetings from UAE ...

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ADEK launches initiative for AKTI’s Students of Determination

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 ...

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Khalifa Fund launches new strategy, unveils MZN Hub

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 ...

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Abu Dhabi’s Mubadala buys stake in health tech firm Zelis

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 ...

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UAE leaders congratulate King of Thailand on National Day

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, ...

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EDB reveals AED1.12bn in financing to cultivate UAE’s food security sector

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 ...

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FNC adopts recommendations on AI

ABU DHABI/WAM The Federal National Council (FNC) on Wednesday adopted a set of recommendations during the discussion of the government’s policy regarding artificial intelligence (AI). The 3rd meeting of the second ordinary session of the 18th legislative chapter of the Federal National Council (FNC) was chaired by its Speaker Saqr Gobash. Omar bin Sultan Al Olama, Minister of State for ...

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Adnoc Gas awards Worley FEED contract for facilities at BGC

ABU DHABI/WAM Adnoc Gas plc announced on Wednesday that Worley Engineering Pty Ltd has been awarded the Front-End Engineering and Design (FEED) contract for new gas processing facilities at Bab Gas Cap (BGC). The new facilities would boost Adnoc Gas’ current processing capacity by 20% or over 1.8 billion standard cubic feet per day (scfd) with a Final Investment Decision ...

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