Economy

Economy

Breaking business updates and trade deals, sector insights, personal finance, and global economic trends.

 

Finance

Mubadala Bio’s IDS and GSK form partnership to boost medicine access in UAE

Mubadala Bio’s IDS and GSK have formed a strategic alliance to enhance healthcare in the UAE, managing GSK’s General Medicines portfolio to support local pharmaceutical capabilities.

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Finance

Mubadala Abu Dhabi Open 2027 to host 28 singles players, 16 doubles teams

The fifth edition of the Mubadala Abu Dhabi Open will take place from January 30 to February 6, 2027, featuring 28 singles players and 16 doubles teams.

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Finance

Advent opens new office in ADGM, expanding Middle East operations

Advent has opened a new office in ADGM, Abu Dhabi, to strengthen its Middle East presence. This local base will enhance engagement with investors and explore investment opportunities.

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Energy

UAE commits AED200 billion for clean energy projects by 2030

The UAE commits AED200 billion to clean energy projects by 2030, with a goal to increase clean energy's share in electricity generation to 35% by 2031.

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Finance

Lilly and Mubadala Bio partner for local drug manufacturing initiative

Eli Lilly and Mubadala Bio announced a collaboration for localized packaging and logistics of Lilly's GLP-1 medicines in Abu Dhabi, enhancing the local life sciences ecosystem.

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Energy

ADNOC to launch manufacturing initiatives at ‘Make it with ADNOC’ Forum

ADNOC will unveil new local manufacturing opportunities at the 'Make it with ADNOC' Forum, aiming to enhance the UAE's industrial growth and strengthen domestic supply chains.

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Energy

GCC, European Parliament seek stronger partnership in security and trade

A joint statement issued following the 2nd Meeting of the Shura, Representatives, National, and Ummah Councils of the GCC Member States with the European Parliament in Brussels on Friday, called for strengthening the strategic partnership.

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Finance

EFG Hermes UAE expands brokerage services on ADX with market making, liquidity provision

EFG Hermes UAE has launched Market Making and Liquidity Provision services on the Abu Dhabi Securities Exchange, aimed at improving trading efficiency and liquidity.

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Finance

ADIB unveils new branch concept in Al Ain

Abu Dhabi Islamic Bank (ADIB) has opened its new Al Mutarid Branch in Al Ain, introducing a branch concept that brings digital self-service and personalised support together in one location. The opening reflects ADIB’s continued.

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Energy

ADIPEC 2026 expects 239,000 attendees from 170 countries

ADIPEC 2026 will take place from November 2-5 in Abu Dhabi, expecting 239,000 attendees and featuring global energy leaders to discuss advancements in energy security and technology.

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Economy

Agility sells Tristar to Aegis Logistics for $1.5 billion

Agility Global PLC (Agility), a multi-business owner, operator and long-term investor, has agreed to sell 100% of its stake in Tristar, a global energy logistics business, to Aegis Logistics Limited, India’s leading integrated oil, gas,.

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Energy

ADNOC Distribution and Jetour join forces to enhance vehicle support

ADNOC Distribution and Jetour UAE, exclusively distributed by Elite Group Holding, have announced an agreement encompassing customer engagement initiatives and the selection of ADNOC Voyager, the UAE’s No.1 lubricants brand, as Jetour’s trusted lubricants partner.

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Finance

Abu Dhabi delegation engages UK investors in London investment push

The Abu Dhabi delegation, including ADCCI and ADGM, showcases investment opportunities in London, connecting international investors with Abu Dhabi’s key economic sectors.

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Economy

Delegation to promote Abu Dhabi investment prospects in London

The Abu Dhabi Chamber of Commerce, and Industry (ADCCI), Abu Dhabi Global Market (ADGM), and the Abu Dhabi Investment Office (ADIO) will lead a series of high-level investment and business engagements in

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Finance

CBUAE to organise annual UAE Banks Reception in Bangkok

The Central Bank of the UAE (CBUAE), in collaboration with the Ministry of Finance and the UAE Banks Federation (UBF), will organise the 2026 Annual UAE Banks Reception on Thursday, 15 October, in Bangkok, Thailand,.

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Economy

AgriFood Growth cluster hosts PALT 2026 to boost alternative protein sector

The AgriFood Growth and Water Abundance (AGWA) cluster at the Abu Dhabi Investment Office (ADIO) convened government leaders, global and regional food companies, investors, regulators and innovators at PALT 2026, to advance

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Economy

Abu Dhabi Quality and Conformity Council releases novel food evaluation guidelines

The Abu Dhabi Quality and Conformity Council (ADQCC), in collaboration with the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) and the Abu Dhabi Investment Office (ADIO), has developed a new guideline

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Economy

ADPIC and The Boring Company to explore advanced underground infrastructure in Abu Dhabi

The Abu Dhabi Projects and Infrastructure Centre (ADPIC), has partnered with The Boring Company (TBC), the advanced tunnelling and infrastructure technology company founded by Elon Musk, to explore underground transport, utility tunnels,

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Economy

ADRA reports 5% growth in new economic licences in H1 2026

The Abu Dhabi Registration Authority (ADRA), the Abu Dhabi Department of Economic Development’s (ADDED) arm to develop and regulate the business sector, reported a 5 per cent increase in new economic licences

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Economy

Abu Dhabi-Singapore Joint Forum advances Singapore-UAE Comprehensive Partnership with new strategic agreements

The 17th session of the Abu Dhabi--Singapore Joint Forum (ADSJF) was held in Singapore, co-chaired by His Excellency Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority, and His Excellency Dr Tan See Leng,.

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