Tag: Abu Dhabi Business News
Full foreign ownership of firms in Abu Dhabi: ADDED releases activity...
The Abu Dhabi Department of Economic Development (ADDED) has released a list of 1,105 registered commercial and industrial activities that are open for ownership...
Hub71 selects 16 tech startups that raised collective funding of over...
Abu Dhabi’s global tech ecosystem, Hub71 revealed its first cohort of 2021, which includes 16 tech startups from 11 countries and seven sectors out...
Agthia gains shareholders approval for Nabil Foods acquisition
Abu Dhabi-based leading food and beverages company Agthia has announced that its shareholders approved the purchase of Jordan-based processed meat producer Nabil Foods.
Agthia's total...
ADEX, Africa’s TDB sign $30mn deal to boost trade
The Abu Dhabi Exports Office (ADEX), the exports finance arm of Abu Dhabi Fund for Development (ADFD), has signed a $30 million trade finance...
Etihad to celebrate UAE’s 50th anniversary with 10,000 prizes at ATM
The national airline of the UAE, Etihad Airways will give 10,000 prizes at the Arabian Travel Market (ATM) which is taking place live from...
Abu Dhabi establishes new council to regulate free zones in emirate
Abu Dhabi has issued a resolution to establish a free zone council, which will oversee regulations that govern the respective areas in the emirate.
The...
UAE’s Mubadala posts record annual income following equity & asset growth
Abu Dhabi-based investment company Mubadala has recorded a 36 percent increase in comprehensive income last year, driven by equity and fund investments as well...
Abu Dhabi’s FAB to conclude integration of Bank Audi Egypt by...
The UAE’s largest lender by assets, First Abu Dhabi Bank (FAB) has completed the transfer of Lebanon-based financial services company, Bank Audi's Egyptian unit's...
