News Archive
Abu Dhabi Fund For Development Allocates AED10.5 Billion To Finance 26 Strategic Projects In Bahrain (17 December 2017)
A technical delegation from Abu Dhabi Fund for Development (ADFD) visited the Kingdom of Bahrain to review the progress of the development projects financed by the Fund in the country.



Tunnel linking Midfield Terminal to Existing Terminals Now Completed (17 December 2017)
Abu Dhabi Airports’ announced today the completion of the Midfield Airside Road Tunnel (MART) that links the new Midfield Terminal Building (MTB) with the southside terminals (Terminal 1 and 3) at Abu Dhabi International Airport.



Abu Dhabi based fund to invest US$2 billion in India technology (15 December 2017)
Next Orbit Ventures (NOVF) ESDM, a newly established Abu Dhabi based fund, has launched a US$2 billion fund to invest in India’s semiconductor and electronics industries.



SIAL Middle East records 28 percent increase in visitors (15 December 2017)
The 8th edition of SIAL Middle East has seen a growth of 28 percent year-on-year in visitor numbers.



Central Bank Raises Interest Rates By 25 Basis Points (14 December 2017)
The Central Bank of the UAE (CBUAE) has announced that effective Thursday, 14 December, 2017, it will raise interest rates applied to the issuance of its Certificates of Deposits in line with the increase in interest rates on US Dollar.



ADNEC Promotes Capital’s MICE Infrastructure At Leading Global Industry Events (13 December 2017)
Abu Dhabi National Exhibitions Company (ADNEC) has participated in several highly-targeted international events to promote the infrastructure of Abu Dhabi’s state-of-the-art Meetings, Incentives, Conferences and Exhibitions (MICE ).



ADGM-Regulated $2 Billion First Feeder Fund For India Launched (13 December 2017)
Next Orbit Ventures (NOVF) ESDM, the newly launched Abu Dhabi-based fund established under the Abu Dhabi Global Markets (ADGM) jurisdiction, has announced the launch of US$2 billion fund for building semiconductors and electronics fab ecosystem in India.



Gulf Capital Closes Three New Growth Capital Transactions In Egypt, Africa And Turkey (13 December 2017)
Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, today announced that its Private Debt Fund, Gulf Credit Opportunities Fund II.



Aldar Supports Region’s Hotel Investor Summit As Giohis Returns To Abu Dhabi (13 December 2017)
Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and management company, will once again support the Gulf and Indian Ocean Hotel Investors’ Summit (GIOHIS) as Founding Patron when it returns to Abu Dhabi for the third consecutive year.



ADNOC IPO Draws 12,000 Investors From 73 Nationalities: ADX CEO (13 December 2017)
ADNOC IPO was a tremendous success and drew a very strong response from investors, according to Rashed Al Baloushi, CEO of Abu Dhabi Securities Exchange.




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