Recent Posts

FAB showcases UAE’s potential as an investment gateway for Chinese firms

ABU DHABI / WAM First Abu Dhabi Bank (FAB) showcased the UAE’s potential as an investment gateway for Chinese companies by hosting a China-Arab Entrepreneurs’ Summit in Abu Dhabi. The summit brought together over 60 Chinese entrepreneurs, executives, and government officials on Friday. Over the past decade, China has emerged as the Middle East’s largest trading partner, with investment and ...

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DCT Abu Dhabi launches Seaworld Abu Dhabi

ABU DHABI / WAM The Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi) hosted a series of events in major cities across the GCC including Saudi Arabia, Kuwait, Qatar, Bahrain and Oman to launch the SeaWorld Yas island, and Experience Abu Dhabi’s “One Summer Isn’t Enough” offering, in partnership with 20 key stakeholders including hotels, city attractions ...

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Mubadala invested $29.14b in industries focussing on future

ABU DHABI / WAM Mubadala Investment Company has released its 2022 financial results for the group. Despite a challenging macroeconomic environment in 2022 that significantly impacted financial markets and investor sentiment, Mubadala outperformed global benchmarks, supported by active management of its portfolio, robust capital deployment and a considered monetisation programme. Mubadala invested AED107 billion ($29.14 billion) in line with its ...

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