Travel


Posts filtered by tags: Abu Dhabi Global Market[x]


 

#AbuDhabi Global Market sets up ADGM Authority; names new CEO | ZAWYA MENA Edition

Abu Dhabi Global Market sets up ADGM Authority; names new CEO | ZAWYA MENA Edition ADGM Authorities Blg from SouthSide.Abu Dhabi Global Market/Handout via Thomson Reuters Zawya Abu Dhabi Global Market (ADGM), the international financial centre in the emirate, has approved setting up the ‘ADGM Authority’ and named Mark Nicholas Cutis as its chief executive officer.The new authority will play a pivotal role in driving ADGM’s growth by leveraging the trends emerging across the internati...
Tags: Travel, Abu Dhabi Global Market, ADNOC, Rupert Neil Bumfrey, ADGM, Cutis, Abu Dhabi Investment Council, AbuDhabi Global Market, ADGM Authority, Abu Dhabi Global Market Handout, Thomson Reuters Zawya Abu Dhabi Global Market ADGM, Mark Nicholas Cutis


NMC Health on track to exit ADGM administration in first half | Reuters

NMC Health on track to exit ADGM administration in first half | ReutersUnited Arab Emirates hospital operator NMC Health said on Thursday it was on track to execute its restructuring in line with an initial target to exit administration under Abu Dhabi Global Market in the first half of this year.Claims from NMC’s financial and trade creditors to date are at nearly $6.4 billion, a presentation for lenders published on the healthcare firm’s website showed.Additional creditor claims, if submitted,...
Tags: Travel, Uae, Reuters, NMC, Abu Dhabi Global Market, DIFC, Rupert Neil Bumfrey, NMC Health, ADGM, Dubai International Financial Center DIFC, ReutersUnited Arab Emirates, NMC Companies


#UAE's Agthia approves 75% acquisition of Egypt's Ismailia Agricultural | Reuters

UAE's Agthia approves 75% acquisition of Egypt's Ismailia Agricultural | ReutersAbu Dhabi-listed food and beverage company Agthia Group on Wednesday said its board has approved an indirect acquisition of three quarters of Egypt’s Ismailia Agricultural and Industrial Investment.Agthia’s acquisition of the 75.02% stake would give Ismailia an enterprise value of 3.22 billion Egyptian pounds ($205.6 million), Agthia said in a stock exchange filing.Two wholly-owned units of Agthia will be incorporate...
Tags: Travel, Egypt, Uae, Abu Dhabi Global Market, ISMAILIA, Rupert Neil Bumfrey, Agthia, Agthia Group, ADQ, Ismailia Agricultural, Abu Dhabi state


#AbuDhabi on track to launch Murban futures trading in March | ZAWYA MENA Edition

Abu Dhabi on track to launch Murban futures trading in March | ZAWYA MENA Edition ICE Futures Abu Dhabi (IFAD), which will host the futures contracts for Abu Dhabi’s flagship Murban crude oil, is on track to launch by the end of March 2021, the exchange’s operator said on Wednesday.Stuart Williams, President of ICE Futures Europe Intercontinental Exchange, told a Gulf Intelligence webinar that IFAD and trading in Murban futures would be launched on 29 March 2021.The launch, originally scheduled ...
Tags: Travel, Europe, Bank Of England, United States, Williams, Switzerland, Abu Dhabi, IFAD, Abu Dhabi Global Market, Rupert Neil Bumfrey, Gulf Intelligence, MENA Edition ICE Futures Abu Dhabi IFAD, Monetary Authority of Singapore Bank of England


#AbuDhabi’s Mubadala Weighs Selling Property Assets to Aldar - Bloomberg

Abu Dhabi’s Mubadala Weighs Selling Property Assets to Aldar - Bloomberg:Mubadala Investment Co. is weighing the sale of a mall and other real estate assets to Abu Dhabi’s largest property developer Aldar Properties PJSC, according to people with knowledge of the matter. The sovereign wealth fund is considering selling the Galleria Mall on Al Maryah Island, as well as the city’s financial district, Abu Dhabi Global Market, to Aldar, the people said, asking not to be identified because the discus...
Tags: Travel, United Arab Emirates, Abu Dhabi, Abu Dhabi Global Market, Maryah Island, Rupert Neil Bumfrey, Aldar Properties PJSC, Mubadala, Galleria Mall, Mubadala Investment Co, Aldar Bloomberg


The Carlyle Group to set up MENA headquarters in #AbuDhabi | ZAWYA MENA Edition

The Carlyle Group to set up MENA headquarters in Abu Dhabi | ZAWYA MENA Edition:Global private equity firm The Carlyle Group will open its regional headquarters at Abu Dhabi Global Market as it looks to grow its presence in Middle East and North Africa region.The buyout firm with $222 billion of assets under management has partnered with Abu Dhabi Catalyst Partners, a joint venture between Mubadala Investment Company and Falcon Edge Capital, to build its regional presence.Abu Dhabi Catalyst Part...
Tags: Travel, Middle East, Abu Dhabi, Falcon Edge Capital, Mena, North Africa, Carlyle Group, Abu Dhabi Global Market, Rupert Neil Bumfrey, Mubadala Investment Company, Waleed Al Mokarrab Al Muhairi, Abu Dhabi Catalyst Partners, ADGM Square, Mubadala Deputy Group


#AbuDhabi energy firm Masdar launches green REIT in #UAE - Reuters

Abu Dhabi energy firm Masdar launches green REIT in UAE - Reuters:Abu Dhabi Future Energy Company (Masdar) said on Wednesday it was launching a sustainable real estate investment trust (REIT) with an initial valuation of between 950 million UAE dirhams ($259 million) and 1 billion dirhams.The “green” REIT portfolio will initially include four commercial properties at Abu Dhabi’s Masdar city, the company, a subsidiary of Mubadala Investment Company, said in a statement.It will cover more than 57 ...
Tags: Travel, Abu Dhabi, Masdar, Uae, Reuters, United Arab Emirates UAE, Abu Dhabi Global Market, Rupert Neil Bumfrey, Mubadala Investment Company, Abu Dhabi Future Energy Company Masdar


The Bank of New York Mellon launches new office in #AbuDhabi | ZAWYA MENA Edition

The Bank of New York Mellon launches new office in Abu Dhabi | ZAWYA MENA Edition:The Bank of New York Mellon, a global investments company with $1.9 trillion in assets under management, has opened a new office in the Abu Dhabi Global Market (ADGM), the international financial centre in the UAE capital.BNY Mellon has $35.8 trillion in assets under custody and/or administration as of September 2019. It is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).In the Middle East...
Tags: Travel, Middle East, Abu Dhabi, Lebanon, Uae, North Africa, EMEA, BNY Mellon, Abu Dhabi Global Market, Dubai Financial Services Authority, Bank of New York Mellon, Rupert Neil Bumfrey, Abu Dhabi Global Market ADGM, The Bank of New York Mellon Corporation NYSE, Hani Kablawi, Global Asset Servicing


Mubadala Investment launches $1bln fund: #AbuDhabi Catalyst Partners | ZAWYA MENA Edition

Mubadala Investment launches $1bln fund: Abu Dhabi Catalyst Partners | ZAWYA MENA Edition:Abu Dhabi Global Market, the International Financial Centre will be home to a newly established $1 billion fund: Abu Dhabi Catalyst Partners.The new enterprise will pursue opportunities that satisfy a mandate of establishing a hub for pioneering companies to locate at ADGM, to generate attractive returns while having a positive impact on the ADGM ecosystem.Abu Dhabi Catalyst Partners seeks to realise commer...
Tags: Travel, Abu Dhabi Global Market, Rupert Neil Bumfrey, ADGM, Mubadala Investment, AbuDhabi Catalyst Partners, Abu Dhabi Catalyst Partners


#AbuDhabi Global Market enacts new anti-money laundering rules - The National

Abu Dhabi Global Market enacts new anti-money laundering rules - The National:Abu Dhabi Global Market enacted changes to its rules that combat money laundering and financing of terrorism and unlawful organisations, as the UAE ramps up efforts to fight financial crime.“These amendments reflect ADGM’s commitment as an international financial centre to provide a safe regulatory environment and adopt a stringent and effective financial crime prevention supervisory framework, which supports the UAE’s...
Tags: Travel, Uae, Abu Dhabi Global Market, Teng, Rupert Neil Bumfrey, Financial Action Task Force, ADGM, Financial Services Regulatory Authority, Richard Teng, AbuDhabi Global Market


Abu Dhabi Partners With Microsoft, SoftBank to Start Tech Hub - Bloomberg

Abu Dhabi Partners With Microsoft, SoftBank to Start Tech Hub - Bloomberg:Abu Dhabi is teaming up with companies such as Microsoft Corp. and SoftBank Group Corp. to open a technology startup center as the oil-rich emirate seeks to diversify its economy.The so-called Hub71 is based in the Abu Dhabi Global Market, an offshore financial center that houses Blackstone Group International Partners and Aberdeen Standard Investments among others. [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Abu Dhabi, Microsoft Corp, SoftBank Group Corp, Abu Dhabi Global Market, Rupert Neil Bumfrey, Aberdeen Standard Investments, Abu Dhabi Partners With Microsoft, Start Tech Hub Bloomberg, Blackstone Group International Partners


Xi's visit to UAE highlights China's rising interest in Middle East | Reuters

Xi's visit to UAE highlights China's rising interest in Middle East | Reuters:China and the United Arab Emirates signed a raft of financial, business and trade agreements on Friday during a visit by President Xi Jinping to the UAE, underscoring energy-hungry Beijing’s rapidly growing interest in the Middle East.Xi made the first visit by a Chinese leader to the Gulf state in 29 years, meeting two of its most powerful leaders, Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai, and Sheikh Moha...
Tags: Travel, China, Beijing, Xi Jinping, Middle East, United Arab Emirates, Dubai, Uae, Gulf, Reuters, Mohammed bin Rashid Al Maktoum, China National Petroleum Corporation, Abu Dhabi Global Market, Mohammed bin Zayed Al Nahyan, Rupert Neil Bumfrey, Abu Dhabi National Oil Company


Abu Dhabi-based fund to invest $2bln in India technology | ZAWYA MENA Edition

Abu Dhabi-based fund to invest $2bln in India technology | ZAWYA MENA Edition:"Next Orbit Ventures (NOVF) ESDM, a newly established Abu Dhabi-based fund, said on Wednesday it had launched a $2 billion fund to invest in India's semiconductor and electronics industries. Mumbai-based private equity firm Next Orbit Ventures set-up the fund under the regulation of the Abu Dhabi Global Market financial centre after receiving funding commitments from the Gulf region. Around $1.5 billion for the fund wi...
Tags: Travel, India, Abu Dhabi, Mumbai, Gulf, Abu Dhabi Global Market, Rupert Neil Bumfrey, Next Orbit Ventures, NOVF


Abu Dhabi rises to 25th position in worldwide financial centres league table - The National

Abu Dhabi rises to 25th position in worldwide financial centres league table - The National:"Abu Dhabi plans to become one of the world's top ten financial centres, according to Abu Dhabi Global Market chairman Ahmed Al Sayegh, as the nascent freezone continues to build up its service offering and attract new members.  The capital's prominence as a financial centre received a boost yesterday, rising three places to number 25 in the closely-watched Global Financial Center Index (GFCI), compiled e...
Tags: Travel, London, Abu Dhabi, Abu Dhabi Global Market, GFCI, Rupert Neil Bumfrey, Ahmed Al Sayegh, Al Sayegh


ADGM eases capital base rules for VC funds | The National

ADGM eases capital base rules for VC funds | The National:"The Abu Dhabi Global Market has made it easier for venture capital funds to operate in the financial free zone on Al Maryah Island by removing the need for them to put up cash to start these businesses.The ADGM’s Financial Services Regulatory Authority, the zone’s regulator, said the move to simplify regulations for venture capital funds by not making them subject to any capital base requirements or expenditure-based capital took effect ...
Tags: Travel, Abu Dhabi Global Market, Maryah Island, Rupert Neil Bumfrey, ADGM, ADGM 's Financial Services Regulatory Authority


Abu Dhabi Global Market attracts dozens of special purpose vehicles | The National

Abu Dhabi Global Market attracts dozens of special purpose vehicles | The National:"Abu Dhabi Global Market, the capital’s financial free zone, has attracted more than 50 special purpose vehicles (SPVs) to register in its jurisdiction as part of a strategy to widen its offering to investors and corporates.SPVs allow companies to own assets at arm’s length and can be used for specific assets or transactions. They are deployed for a variety of purposes including efficient corporate and financial s...
Tags: Travel, Uae, Abu Dhabi Global Market, Rupert Neil Bumfrey, ADGM


Year in review: Abu Dhabi Global Market spreads wings with the right international partners | The National

: "Three years after its founding by federal decree, Abu Dhabi Global Market really started to find its feet in 2016.The free zone’s first full year of operations – having officially ­declared itself open for business in October 2015 – led to ADGM spreading its wings internationally, with a series of agreements with key international regulators.The centre launched a major push to attract fintech entrepreneurs and also unveiled new regulations to bring in aircraft financing companies."'via Blog t...
Tags: Travel, Abu Dhabi Global Market, Rupert Neil Bumfrey


Mubadala Capital to set up at Abu Dhabi Global Market | The National

Mubadala Capital to set up at Abu Dhabi Global Market | The National: "Mubadala Capital, the financial investment business of Abu Dhabi’s strategic investment company, is to set up under the jurisdiction of Abu Dhabi Global Market, the capital’s new financial free zone.Ahmed Al Sayegh, ADGM’s chairman, announced the move at the Bloomberg Markets Most Influential Summit on Wednesday, saying that it "confirms the strategy that our sovereign wealth funds will move into the jurisdiction".The move is...
Tags: Travel, Bloomberg, Abu Dhabi, Abu Dhabi Global Market, Rupert Neil Bumfrey, ADGM


Abu Dhabi Global Market chief Richard Teng clocks up air miles while winning support | The National

Abu Dhabi Global Market chief Richard Teng clocks up air miles while winning support | The National:"Two items have proved absolutely indispensable for Richard Teng in the course of 2016: his passport and his pen.The chief executive of the Abu Dhabi Global Market’s regulator has clocked up thousands of miles in air travel in the 10 months or so since he declared the capital’s new financial free zone "open for business", and has signed agreements with partners around the world as it seeks to esta...
Tags: Travel, South Africa, Abu Dhabi Global Market, Teng, Rupert Neil Bumfrey



Filters
February - 2021
MoTuWeThFrSaSu
1234567
891011121314
15161718192021
22232425262728
March - 2021
MoTuWeThFrSaSu
1234567
891011121314
15161718192021
22232425262728
293031    
April - 2021
MoTuWeThFrSaSu
   1234
567891011
12131415161718
19202122232425
2627282930