Page 3 - Abu Dhabi

Lulu Retail Holdings shares fall on debut after $1.72 bn Abu Dhabi IPO

The hypermarket chain operator fell to as much as 1.99 dirhams ($0.54) per share in its Abu Dhabi trading debut, down 2.5 per cent from the offer price of 2.04 dirhams

Abu Dhabi's $1 trillion wealth fund rejigs strategy to speed up deals

ADIA is working with a wider range of hedge funds offering everything from long-only bets to quant wagers, although its overall exposure to that sector won't necessarily increase

Abu Dhabi, Microsoft partner on AI push to make energy mkt more efficient

"It will speed up seismic surveys from months to days," Al Jaber said, adding that it will also make the industry more sustainable by reducing emissions

Dubai, Abu Dhabi race to lure world's asset managers, billionaires

Emergence of companies in a range of new sectors and potential for business created by Abu Dhabi's investments have not gone unnoticed in the international financial community

Abu Dhabi to host second relief aid collection drive for Lebanon on Oct 22

This is in continuation of the UAE stands with Lebanon campaign

Adnoc to buy chemical producer Covestro for €12 bn in its biggest deal

The takeover will value the German company at €62 per share and hinges on the Abu Dhabi oil producer receiving at least 50 per cent plus one share in its tender offer

Coldplay Abu Dhabi tickets: All you need to know about its booking details

Coldplay is all set to perform in Abu Dhabi, Dubai, at Zayed Sports City Museum on January 11, 2025. The pre-sale of tickets starts on September 25 from the band's official website

BPCL's joint venture with IOC wins production concession in Abu Dhabi

BPCL added that during the exploration phase, the company invested nearly $164 million

ADNOC agrees to supply Indian Oil with 1 MMT LNG per year for 15 years

ADNOC has big ambitions in gas and LNG, which along with renewable energy and petrochemicals it sees as pillars for its future growth, putting it in competition with regional rivals Qatar

PM Modi, Abu Dhabi Crown Prince hold discussions to focus on bilateral ties

In the pictures shared by Jaiswal, Piyush Goyal can be seen greeting Sheikh Khaled bin Zayed Al Nahyan, and the former receiving a ceremonial welcome

Abu Dhabi Crown Prince Al Nahyan receives warm welcome in Delhi on arrival

Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan arrived here to a warm welcome on Sunday as he kick-started a two-day maiden visit to India to further boost bilateral ties in a range of areas, including energy and connectivity, amid escalating tensions in West Asia. Commerce and Industry Minister Piyush Goyal received the Crown Prince at the airport following which he was accorded a ceremonial welcome, in reflection of the importance India has attached to the visit. "A new milestone in a historic relationship. His Highness Sheikh Khaled bin Zayed Al Nahyan arrived in Delhi on his first official visit to India," External Affairs Ministry Spokesperson Randhir Jaiswal said on 'X'. "Warmly received by @CimGOI @piyushgoyal and accorded a ceremonial welcome," he said. The Crown Prince is accompanied by several ministers from the UAE government and a business delegation. After concluding the Delhi leg of his visit, Al Nahyan will travel to Mumbai to participate in

IIT Delhi opens first int'l campus with batch of 52 students in Abu Dhabi

The first overseas campus of IIT Delhi was formally inaugurated by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi. The first batch comprises of 52 selected students in the JEE Advanced exam

Soon, board flight at Abu Dhabi airport sans passport, ticket: Here's how

By 2025, Zayed International Airport wants to be the world's first fully document-free airport

UAE reportedly deports university student who yelled 'Free Palestine'

At the graduation ceremony of New York University Abu Dhabi this May, a student wearing the traditional Palestinian black-and-white keffiyeh scarf shouted Free Palestine! as he crossed the stage to receive his diploma, witnesses say. Days later, he reportedly was deported from the United Arab Emirates. The incident at the graduation comes as the UAE tries to balance its diplomatic recognition of Israel with the ongoing Israel-Hamas war that's devastated the Gaza Strip. While offering aid to the Palestinians, there have been none of the mass demonstrations that swept the Arab world here in the UAE, a federation of seven emirates that tightly controls speech and where political parties are illegal. That's stretched into academic life at NYU Abu Dhabi, where students say activities over the war have been barred, and into cultural events in the country's capital as well where those wearing the keffiyeh have been stopped from entering. I think the government and the laws of the country .

Purplle group raises Rs 1,000 crore from Abu Dhabi Investment Authority arm

Omni-channel beauty platform Purplle Group on Monday announced raising Rs 1,000 crore in a funding round led by a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA). Other investors also participated in the funding and the fresh capital was raised through a combination of primary and secondary shares issuance, according to a statement from Purplle Group. Besides, Purplle has also announced a Employee Stock Ownership Plan (ESOP) liquidity programme and will offer liquidity of Rs 50 crore to its employees. Purplle Co-Founder & CEO Manish Taneja said: "We will constantly innovate and leverage our technology and data capabilities to provide our customers with the best omni-channel experience. In increasing its shareholding in Purplle, ADIA has continued to support us as we pursue our vision of building a sustainable and profitable business." Purplle is one of the fastest-growing retailers in the beauty and personal care (BPC) segment, having grown its GMV by four times ..

It's Dubai vs Abu Dhabi in race for supremacy in family office riches

That question - Abu Dhabi or Dubai? - is a common one among billionaires, fund managers, startup founders, trust attorneys and even fraudsters who are either in or seeking a slice of the insular world

Planning destination wedding? Abu Dhabi to offer visa support to Indians

Abu Dhabi Convention and Exhibition Bureau's Destination Wedding segment is focusing on extending visa support to Indian weddings, covering visa costs

Plan your destination wedding in Abu Dhabi with UAE's enhanced visa support

To establish Abu Dhabi as a premier wedding destination, the Abu Dhabi Convention and Exhibition Bureau (ADCEB) has announced an initiative to extend visa support to Indian nationals hosting weddings across the Emirate. The ADCEB, which is a part of the Department of Culture and Tourism Abu Dhabi, is undertaking this initiative to establish the UAE capital as a premier wedding destination, a statement released here said. The recently announced new visa initiative contributes to Abu Dhabi's tourism strategy 2030, which aims to boost visitor numbers to 39.3 million by 2030. The destination wedding segment is among the newest verticals to join the ADCEB as part of an overarching objective to attract domestic and international visitors and increase the sector's contribution to the GDP to AED 90 billion as per the 2030 strategy, the statement said. India is recognised as one of the largest markets for destination weddings globally, making it a key target market for Abu Dhabi. By extend

ADIA, KKR invest Rs 12,864 crore in Reliance Retail warehousing assets

This investment is separate from the infrastructure investment trust (InvIT) established by RRVL last year, which was intended to accommodate approximately half of its retail warehousing assets

Dubai rains: Indian Embassy in UAE notifies travel advisory for passengers

Dubai International Airport has temporarily limited the number of inbound flights due to unprecedented weather conditions