Yashaa Global Capital has officially received the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to establish a global sports venture capital fund. This milestone positions Yashaa Global Capital as a significant player in the rapidly growing sports investment sector The fund is led by General...
An economic delegation from Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED), has recently concluded a successful visit to China, where they signed several key agreements aimed at improving cooperation between government agencies and private sector companies in both regions. This visit underscores the growing economic relationship between the two areas....
Abu Dhabi is quickly becoming a major player in the field of artificial intelligence (AI). This is because it recently launched MGX, a specialized fund that has recently joined Donald Trump’s Stargate project to improve American AI capabilities. Many people are calling this project the start of a new golden age for the Gulf area....
Imkan, a developer from the UAE, has just released Naseem AlJurf, the newest part of its prestigious AlJurf masterplan. The plan aims to raise the bar for high-end coastal life. This huge project covers an impressive 3.8 million square meters and is located along the Emirates Riviera in a way that makes it easy to...
Energy trader and gas carrier owner BGN has successfully doubled its revolving credit facility to $232.5 million, receiving support from the Abu Dhabi Exports Office (ADEX) and First Abu Dhabi Bank (FAB). This significant increase in funding reflects the strong confidence from lenders in BGN’s operations and growth potential. The original facility was set at...
The Abu Dhabi Department of Municipalities and Transport (DMT) has launched a digital edition of its Legislation Encyclopedia, providing a valuable resource for stakeholders, customers, and the general public. This comprehensive digital encyclopedia includes all legislations pertinent to the Department’s responsibilities and operations. The digital encyclopedia aims to enhance legal awareness and consolidate legal references....
Yango Ride, an international ride-hailing service and part of the Yango Group, has announced the expansion of its corporate service, Yango Rides for Business, into Abu Dhabi. Launched initially in Dubai in 2024, this service aims to streamline corporate transportation management for businesses operating in both Emirates. The Yango Rides for Business service allows companies...
Abu Dhabi is intensifying efforts to boost investments with China, anticipating that bilateral trade will reach $200 billion by 2030. The Abu Dhabi Department of Economic Development (ADDED) is leading an economic delegation to China as part of this initiative, aiming to strengthen the emirate’s role as a global hub for talent, businesses, and investments....
The International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX) 2025 commenced in Abu Dhabi today, taking place under the high patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. This significant event showcases advancements in military and naval technology and aims to enhance collaboration among defense industries globally. The exhibitions are...
The Abu Dhabi Department of Economic Development (ADDED), in partnership with The Endowments and Minors’ Funds Management Authority (Awqaf Abu Dhabi), has announced a new resolution for the establishment and licensing of endowment institutions in Abu Dhabi. This resolution marks a significant advancement in enhancing endowment structures and supports the sustainability of family-owned businesses while...