Luxury property advisory BlackBrick has identified Abu Dhabi as one of UAE's most compelling long-term residential investment markets, as economic diversification, government-backed masterplanning and international investment continue to boost confidence in the capital's long-term outlook.
UAE-based defence company EDGE has announced that it has entered into a deal to acquire a 100% stake in Brazilian aerospace and engineering company Akaer, in a move that would give the Abu Dhabi group an established engineering base in Brazil and a highly skilled, multidisciplinary team.
Abu Dhabi residents are leading the way in uncovering the emirate’s hidden gems, with half able to instantly name a secret spot. A Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) study found 73% of UAE residents recommend lesser-known destinations by word of mouth.
Azura Partners, a global wealth manager serving ultra-high-net-worth individuals, entrepreneurs and institutions, has opened its office in Abu Dhabi Global Market (ADGM), thus establishing a permanent, on-the-ground presence in one of the world’s fastest-growing centres for global private wealth.
Abu Dhabi-based investment group 2PointZero has announced that it has struck a $2.25 billion deal to acquire US-based Traverse Midstream Partners through its energy infrastructure subsidiary ePointZero, a move that gives it minority, non-operated stakes in two US midstream assets.
The Rock-It Company, a global leader in mission-critical logistics based in New York providing specialist transport, storage and supply chain solutions for automotive, motorsport, live touring and luxury goods sectors, has set up its Middle East headquarters in Abu Dhabi to oversee its regional operations.
SmartWatt Consulting and Integrated Energy Services, an Abu Dhabi-headquartered energy technology company, has partnered with India's BSES Rajdhani Power to develop AI-enabled demand-side flexibility solutions for capital Delhi's electricity network under the Muruna Initiative.
Abu Dhabi's Integrated Transport Centre (ITC) has inaugurated a central control room to oversee and monitor autonomous vehicle operations across the emirate, as authorities step up efforts to support the rollout of self-driving transport services.
Leading developer Aldar has unveiled Yas Point, a AED6 billion ($1.63 billion) waterfront destination on the northern shore of Yas Island that will deliver 1,600 homes for around 5,000 residents.
Emirates Global Aluminium, the biggest ‘premium aluminium’ producer in the world, announced on Friday (July 10) the restart of alumina production at Al Taweelah alumina refinery in Abu Dhabi.