Abu Dhabi’s Lunate launches new venture Axight
Lunate, Abu Dhabi’s $105 billion asset manager, has launched Axight, a new private equity fund targeting the Asia-Pacific region, strengthening its presence in high-growth markets.
Abu Dhabi scientists prepare UAE astronauts for Moon mission
A team of scientists in Abu Dhabi have developed artificial lunar dust derived from the UAE’s natural resources to help lay the groundwork for the nation’s ambition to land Emirati astronauts on the moon’s surface, reported by Dr Dimitra Atri,...
Abu Dhabi signs agreement with Microsoft
Abu Dhabi signs a multi-year agreement with Microsoft and G42’s Core42 to implement a sovereign cloud system, aiming to create the world’s first AI-powered government by 2027.
Abu Dhabi’s Adnoc Plans to Buy Mubadala Energy Assets
Adnoc is negotiating a potential $10 billion acquisition of Mubadala’s energy assets, aiming to consolidate Abu Dhabi’s oil and gas holdings amid sector diversification.
Abu Dhabi’s MGX invests $2 billion in Binance
MGX makes a landmark $2 billion investment in Binance, marking the largest institutional investment in crypto, reinforcing blockchain’s role in global finance and AI-driven innovation.
Dubai’s GEMS Education plans to spend $300 million
GEMS Education plans a $300 million investment to expand student capacity by 35,000 by 2028, driven by Dubai’s population growth and rising demand from expatriates.
Abu Dhabi ADGM reports 32% rise in company registrations
Abu Dhabi’s financial hub ADGM saw a 32% surge in company registrations in 2024, driven by growing private equity ties and a threefold increase in assets under management.
Abu Dhabi to open new Art project in April
The 17,000-square-meter TeamLab Phenomena Abu Dhabi will open on April 18, offering a multi-sensory journey blending art, technology, and nature in Saadiyat Cultural District.
Abu Dhabi’s Etihad Airways plans to announce IPO this week
Etihad Airways plans a $1 billion IPO, offering a 20% stake to fund expansion as Abu Dhabi strengthens its position as a global aviation and tourism hub.
UAE National Institute for Human Rights launches new initiative
The UAE National Institute for Human Rights introduces “Know Your Rights,” a campaign to enhance public awareness, complaint services, and human rights advocacy.