News

A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign wealth fund ADQ, the ...
Abu Dhabi-based entities International Holding Company (IHC), ADQ, and First Abu Dhabi Bank are planning to launch a dirham-backed stablecoin, which will be completely regulated by the UAE Central ...
Abu Dhabi's Supreme Council for Financial and Economic Affairs on Tuesday launched a 5 billion dirham ($1.4 billion) IPO fund to strengthen the Abu Dhabi Securities Exchange (ADX) as a leading ...
Aabar Investments PJSC, which dropped a $1.74 billion offer for Arabtec Holding PJSC two years ago, awarded a 222 million-dirham contract ($60 million) to a unit of the Dubai builder as it raises ...
Abu Dhabi's crown prince said on Tuesday he had approved 50 billion dirham (£10.1 billion) worth of measures to stimulate growth in the emirate and make it easier to do business, create jobs and ...
DUBAI, Jan 14 (Reuters) - First Abu Dhabi Bank said on Monday it had agreed to provide a 1.6 billion dirham ($436 million) loan to Abu Dhabi National Hotels (ADNH) for the acquisition of a number ...
Abu Dhabi's Supreme Council for Financial and Economic Affairs on Tuesday launched a 5 billion dirham ($1.4 billion) IPO fund to strengthen the Abu Dhabi Securities Exchange (ADX) as a leading ...