FATF’s decision a testament to UAE’s progress: ADGM

ABU DHABI: Abu Dhabi Global Market (ADGM) affirmed that FATF’s decision to remove the UAE from the list of countries under enhanced due diligence due to concerns regarding anti-money laundering/countering the financing of terrorism, stands as a testam…

FAB forecasts GCC will outperform global economy in 2024

ABU DHABI: The economies of the UAE and Gulf countries will outpace the global forecast for 2024, helped by the domestic multi-year investment cycle in the region, according to First Abu Dhabi Bank’s Global Investment Outlook (GIO) 2024 Report: ‘Makin…

Hong Kong centre to use AI to identify sporting talent

Hong Kong: The Chinese University of Hong Kong (CUHK) established an innovation centre on Tuesday that will use artificial intelligence technology to help the city pick those with the potential to be elite athletes in various sports and monitor their …

Three new 787-9 Dreamliners join Etihad Airways fleet

ABU DHABI: Etihad Airways is celebrating the arrival of three new Boeing 787-9 aircraft this weekend. The national airline of the UAE welcomed the latest additions to its expanding fleet at Abu Dhabi Zayed International Airport.

The new aircraft will…

ADQ-led consortium to invest $35 billion in Egypt

ABU DHABI: ADQ, an Abu Dhabi-based investment and holding company, has unveiled plans to invest US$35 billion in Egypt. ADQ will acquire the development rights for Ras El-Hekma for $24 billion to develop the region into one of the largest new city dev…