Tag: Abu Dhabi Business News
FAB resumes acquisition talks for Bank Audi’s Egyptian wing
First Abu Dhabi Bank (FAB), the largest bank in the UAE has restarted its discussions for the acquisition of Lebanon-based financial services company Bank...
ADNOC awards $324mn worth contracts to enhance onshore field operations
The Abu Dhabi National Oil Company (ADNOC) of the UAE has awarded contracts worth $324 million to improve onshore field operations and efficiencies.
ADNOC Onshore,...
Etisalat ranked fastest mobile network globally
Ookla, the global leader in fixed broadband and mobile network testing applications, data and analysis declared the Abu Dhabi-based Etisalat as the fastest mobile...
Abu Dhabi’s Gulf Capital buys majority stake in IP service provider...
Abu Dhabi-based private equity firm Gulf Capital has acquired a majority stake in CWB Group, an intellectual property services provider in the Middle East...
Aldar & FHO come together to support UAE’s frontline workers
The Abu-Dhabi based real estate and investment company Aldar Properties (Aldar) has signed a Memorandum of Understanding (MoU) with the Frontline Heroes Office (FHO)...
ADNOC’s pipeline assets to get investments from ADFP, ADQ
As the Abu Dhabi National Oil Company (ADNOC) looks to open up opportunities for local investors, the Abu Dhabi Pension Fund (ADFP) and ADQ...
FAB launches ‘Digital Marketplace’ to aid businesses
First Abu Dhabi Bank (FAB) has launched a Digital Marketplace which will be powered by its digital wallet 'payit.'
The step enables small and medium-sized...
Mubadala to invest $235mn in German pharma company
Abu Dhabi's sovereign wealth fund Mubadala is investing $235 million in Germany-based pharma company Evotec SE, which specializes in bringing medical breakthroughs faster to...