BusinessLatest Business and Company Updates
Gridora and ADPIC Partner to Boost Abu Dhabi Transport Infrastructure
Gridora, a new infrastructure platform supported by ADQ, the Investment Holding Company , and Modon Holding, has formalised its first major collaboration by signing a memorandum of understanding with the Abu Dhabi Projects and Infrastructure Centre . This partnership aims to streamline the planning and execution of key transport
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FAB’s Green Bond Sets New Benchmark With Strong Demand
First Abu Dhabi Bank, one of the UAE's largest financial institutions, has successfully priced its EUR 850 million benchmark Regulation S green bond, marking a significant achievement in the sustainable finance space. The bond, set with a five-year maturity and
UAE Embraces Global Crypto Tax Transparency Through CARF Deal
Abu Dhabi has finalised a major agreement to enforce greater transparency in crypto-asset taxation by signing the Multilateral Competent Authority Agreement under the Crypto-Asset Reporting Framework. The deal mandates automatic exchange of tax-related data on crypto transactions across jurisdictions,
TAQA seals Al Dhafra power plant deal
Abu Dhabi National Energy Company PJSC and Emirates Water and Electricity Company have completed a Dh3.6 billion financing and development agreement for the Al Dhafra Power Plant, marking a significant expansion of dispatchable power capacity aimed at supporting the emirate’s
