ABU DHABI — Uber on Wednesday rolled out fully driverless rides in Abu Dhabi, marking its fourth market for autonomous vehicles and the first robotaxi service in the Middle East. The ride-hailing giant partnered with Chinese autonomous vehicle company WeRide to deploy the service in select areas of Yas Island. Riders can book a…
ABU DHABI: Investcorp Capital PLC said on Friday it had acquired Kanawha Scales & Systems (KSS), a U.S. provider of industrial weighing services, from American Equipment Holdings. The acquisition, arranged by Investcorp Capital’s founding company Investcorp, expands the Abu Dhabi-listed firm’s portfolio of U.S. industrial assets. Financial terms of the deal were not disclosed.…
Move over, Bali. Step aside, London. Chinese travelers are embarking on a new adventure, and their destination of choice is surprising the tourism world: the Middle East. Spurred by easier visa rules, a flood of new direct flights, and a thirst for unique experiences, Chinese outbound travel to the region is exploding. Data from the…
The collaboration aims to develop capabilities in cultivated meat and establish a presence in Abu Dhabi, leveraging the Emirate’s strategic location and resources for growth
ABU DHABI, UAE: Department of Health – Abu Dhabi (DoH) has partnered with Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and AI solutions provider Core42 to establish the AI Healthcare Academy. The initiative, announced during the Abu Dhabi Global Healthcare Week, aims to create a skilled workforce adept in AI to enhance global…
Abu Dhabi, UAE: Aldar Properties, the leading real estate developer, manager, and investor in Abu Dhabi, has announced a development pipeline of new projects worth AED 5 billion, aimed at increasing its recurring income by 2025. The new projects include residential, retail, hospitality, and education assets across Abu Dhabi’s prime locations, such as Yas…
ABU DHABI, UAE: Alpha Dhabi Holding, the Abu Dhabi-based conglomerate, will be investing about AED 1 billion in the Abu Dhabi Chemicals Derivatives Company, known as TA’ZIZ. This step comes as part of Alpha Dhabi Holding’s expansion plans and future strategy announced last week targeting AED 8 billion for investments in real estate, hospitality,…