Browsing: Abu Dhabi

The new initiative unifies procedures for registering economic licences across the Emirate and its free zones

The net profit after tax stands at $30.51mln

Abu Dhabi’s Comera Financial Holding, a conglomerate with a diverse portfolio in technology, fintech, and services, has joined forces with Beltone Holding, a rapidly expanding financial entity, to champion digital transformation and enrich customer experiences in Egypt. This strategic alliance aims to catalyze the introduction of innovative digital solutions through a collaborative knowledge-sharing approach.

Mubadala Capital, the wholly owned subsidiary of Abu Dhabi sovereign investor Mubadala Investment Company, is planning to invest $13.5 billion in the biofuels sector in Brazil over the next decade.

The Abu Dhabi Department of Economic Development (ADDED) has signed a Memorandum of Understanding (MOU) with Emirates Global Industries – Alfahim Group to enable the manufacturing and assembly of electric commercial vehicles (ECVs) in the emirate.

The oil-rich emirate, rated AA or its equivalent by all three major ratings companies, is issuing a dollar deal with tranches of five, 10 and 30 years, according to a person familiar with the matter.

Imports grew by 19 percent during the past year, reaching a value of AED136.45 billion, compared to AED114.355 billion in 2022

Abu Dhabi-based energy holding Taqa said Wednesday it was in talks to buy the 41 percent stake in Naturgy, Spain’s leading gas supplier, held by investment funds CVC and GIP.

An Abu Dhabi investment firm and a Saudi conglomerate have bought into the largest office tower in Dubai’s financial hub, securing a slice of one of the world’s few upbeat commercial property markets.

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced the establishment of 54 working groups within the Advocacy Hub initiative.