Tag: Abu Dhabi

ADNOC Gas Shareholders approve $3.25 billion dividend for 2023

ABU DHABI, 1st April, 2024 (WAM) -- ADNOC Gas plc and its subsidiaries, held its first Annual General Meeting (AGM) since its landmark initial...

Mubadala steps up Asia investment drive

Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, led a Rs10 billion funding round of Avanse Financial Services, India’s education-focused non-banking financial company. The new...

ADNIC shareholders approve cash dividends of 45% at Annual General Meeting

ABU DHABI, 25th March, 2024 (WAM) -- Abu Dhabi National Insurance Company (ADNIC) has approved the distribution of 45 percent cash dividends (AED 0.45...

ADGM 2024 growth outlook: Over 70% of companies in ADGM Plan Workforce Expansion in 2024

A survey by the Abu Dhabi Global Market (ADGM), which stands as a testament to the vision and ambition that drive the UAE and...

Abu Dhabi’s industrial sector booms with 51% rise in licences

New data from the Abu Dhabi Chamber shows a surge in industrial licensing within the emirate (excluding free zones).  During 2023, the number of...

Bloomberg launches new Murban Crude Oil Index

 Bloomberg has announced a new Bloomberg Commodity Murban Crude Oil Index, aimed at tracking the performance of rolling futures on Murban Crude Oil. The...

Abu Dhabi Chamber, ADGM strengthen strategic partnership

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a collaboration agreement with the Registration Authority (RA) of Abu Dhabi Global Market...

Abu Dhabi’s Lunate partners with JPMorgan for first UAE bond ETF

Abu Dhabi-based Lunate Capital Limited has partnered with JPMorgan Chase & Co. to build the first exchange-traded fund tracking the performance of bonds in the United...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...