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ABU DHABI NEWS

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AED60 Million In Startups, Venture Capital Investments: ADIO
The Abu Dhabi Investment Office, ADIO, today announced AED60 million of investment in the latest batch of startups and fund managers applying to its Ventures Fund.

Mubadala Finances UK-Based Company To Develop Obesity, Diabetes Treatments
Mubadala Investment Company has announced financing the development of peptide hormones for the treatment of diabetes and obesity, by Zihipp Limited, a UK-based biopharmaceutical company.

UAE Delegation Meets With Senior U.S. Government Officials In Washington, DC To Commemorate Ten-Year Anniversary Of Peaceful Civilian Nuclear Energy Cooperation
A senior delegation of officials from the Emirates Nuclear Energy Corporation (ENEC) in Abu Dhabi, United Arab Emirates, visited Washington.

Tadweer, Talabat Collaborate To Curb Food Waste, Enhance Eco-Friendly Practices
The MoU was signed by Dr. Salem Khalfan Al Kaabi, General Manager of Tadweer and Muhammed Yildirim, Talabat Country Managing Director - UAE (Abu Dhabi Branch).

FAB Launches 2020 Global Investment Outlook Report
According to the report, FAB is expecting growth in 2020 for the UAE.

Abu Dhabi Tourism Excellence Awards Set To Launch In April
The Department of Culture and Tourism - Abu Dhabi announced on Monday that a new award scheme is set to launch to honour excellence in the travel and tourism industry, with the aim of establishing the accolade as a new industry benchmark worldwide.

EDGE Defence Tech Group Jjoins Mubadala As Host Partner Of Global Aerospace Summit 2020
EDGE, the newly established advanced technology group for defence and beyond, has joined Mubadala Investment Company as the host partner of the Global Aerospace Summit 2020 - one of the world’s leading thought leadership platforms for the aviation, aerospace, defence and space industries.

UAE Stocks Gain AED3.8 bn On Rising Confidence In Banking, Property Blue Chips
Abu Dhabi Securities Exchange, ADX, General Index maintained strong performance, closing up at 5,174 points, with Dubai Financial Market, DFM, likewise ending up 1.23 pc at 2,863 points.

Agency Law Amendments ’Pivotal’ For UAE Trade Development: ADX Chief
Federal Law No. 18 of 1981, or the ’Agency Law’, regulates commercial agency and distribution agreements within the country.

ZHO Distributes Textbooks To Visually Impaired
This was done for the second semester of the academic year 2019-2020, with 50 students benefiting from this initiative.

4th International Rain Enhancement Forum Kicks Off In Abu Dhabi
Running from 19th to 21st January, IREF serves as a global platform to bring together leading international and national experts, researchers, scientists and stakeholders to tackle pressing water and sustainability issues worldwide.

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