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The Abu Dhabi Global Market (ADGM), the capital of the UAE’s thriving financial sector, recently hit 23 resident firms with fines totaling 610,000 dirhams (around 166,000 dollars). While the amounts may seem minor, the implications behind them are anything…
Abu Dhabi state fund Mubadala said that it was not a crypto skeptic with optimism on investments in related infrastructure. Abu Dhabi’s Mubadala has invested in crypto-related infrastructure, according to its chief executive Khaldoon al-Mubarak in a recent…
DHL Global Forwarding has signed a deal with KIZAD – Abu Dhabi’s industrial hub and a subsidiary of Abu Dhabi Ports, to establish a distribution centre to serve the needs of its customers. Under the agreement, DHL Global Forwarding will set up warehouses in…
Abu Dhabi will be hosting International Travel Week (ITW Abu Dhabi), a co-location of synergistic travel events each focused on the fastest growing global tourism source market sectors, in November this year. Taking place from November 21 to 25 at Abu Dhabi…
Plans $500mn investment in the country over the next five years The first LuLu Hypermarket in Indonesia will be opened in Jakarta by the year-end as the group has announced plans to invest $500mn in the country over the next five years. The announcement came…
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