New investment opportunities in focus at the first Abu Dhabi Business Week

Kathleen William October 26, 2024

The inaugural Abu Dhabi Business Week in December will focus on new investment opportunities and collaboration between the public and private sectors to promote the growth and diversification of Abu Dhabi's economy.

More than 150 speakers and 8,000 policymakers, business leaders, international investors and entrepreneurs will take part in the three-day event from December 4 to 6, the Abu Dhabi Media office said on Saturday.

The event is under the patronage of Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council.

“Abu Dhabi Business Week will serve as a platform for businesses to connect and collaborate, driving the next phase of growth and diversification in our dynamic economy,” said Ahmed Al Zaabi, Chairman of the Abu Dhabi Chamber of Commerce and Industry.

“Supported by our multi-dimensional sustainable development strategies and a focus on new, high-growth sectors, Abu Dhabi’s business-friendly ecosystem offers promising opportunities for investors, companies and talent to thrive and expand on a global scale.”

Abu Dhabi's economy grew 4.1 percent on an annual basis in the second quarter of this year, supported by momentum from the non-oil sector as the emirate continues to diversify its economy.

The value of Abu Dhabi's economic output reached a record Dh297 billion ($80.87 billion) in the three months to June 30, the Statistics Center – Abu Dhabi said this month.

In the first six months of this year, Abu Dhabi's economy recorded an annual increase of 3.7 percent, while the non-oil sector grew 6.6 percent in the second quarter of 2024, reaching a record Dh164.2 billion.

The non-oil sector's share of the emirate's economy rose to over 55.2 percent, the highest since the end of 2014.

In addition to investment opportunities and public-private partnerships, the three-day event will also focus on topics such as innovation, procurement, women empowerment, family business and entrepreneurship.

The capital of the United Arab Emirates is also home to major funds, including the Abu Dhabi Investment Authority, Mubadala Investment Company and investment and holding company ADQ.

The emirate was recently named the world's leading city for sovereign wealth fund (SWF) capital, with $1.67 trillion in assets under management, according to a new report from industry specialist Global SWF.

GAME INFO

Device: Ukraine – Portugal, Monday, 10:45 p.m. (UAE)

TV: BeIN Sports

when you go

The flights
Emirates flies to Delhi with prices starting from around Dh760 return, while Etihad fares cost around Dh783 return. From Delhi there are connecting flights to Lucknow.
Where to stay
It is recommended to stay in Lucknow and take a day trip to Kannauj. A stay at the Lebua Lucknow Hotel, a traditional Lucknowi mansion, is recommended. Prices start from Dh300 per night (excluding taxes).

The Biog

Full name: Aisha Abdulqader Saeed

Age: 34

Emirate: Dubai

Favorite quote: “No one ever became poor by giving.”

Call of Duty: Black Ops 6

Developer: Treyarch, Raven Software
Editor: activation
Console: PlayStation 4 and 5, Windows, Xbox One and Series X/S
Evaluation: 3.5/5

COMPANY PROFILE

Name: Almnssa

Started: August 2020

Founder: Areej Selmi

Based: Gaza

Sectors: Internet, e-commerce

Investments: Grants/private funding

World record transfers

1. Kylian Mbappe – 2017/18 to Real Madrid – €180m (Dh770.4m – if a deal goes through)
2. Paul Pogba – 2016/17 to Manchester United – 105 million euros
3. Gareth Bale – 2013/14 to Real Madrid – 101 million euros
4. Cristiano Ronaldo – 2009/10 to Real Madrid – 94 million euros
5. Gonzalo Higuain – 2016/17 to Juventus – 90 million euros
6. Neymar – 2013/14 to Barcelona – €88.2m
7. Romelu Lukaku – 2017/18 to Manchester United – €84.7m
8. Luis Suárez – to Barcelona 2014/15 – €81.72m
9. Angel di Maria – 2014/15 to Manchester United – 75 million euros
10. James Rodriguez – 2014/15 to Real Madrid – 75 million euros

Thank you for banking with us

Director: Laila Abbas

With: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum

Evaluation: 4/5

Company profile

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Company profile

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The %20 specifications

%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3ESingle%20Front axle%20Electric%20Engine%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E218PS%3Cbr%3E%3Cstrong %3EDorque %3A%20%3C%2Fstrong%3E330Nm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle gear%20Automatic%3Cbr%3E%3Cstrong%3EMax%20Touring%20Range%3A%20 %3C%2Fstrong %3E402km%20(claimed)%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh215%2C000%20(estimate)%3Cbr%3E%3Cstrong%3EOn%20sale%3A %20%3C %2Fstrong%3ESeptember%3C%2Fp%3E%0A

Jigra

With: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh

Our legal advisor for family matters

Name: Hassan Mohsen Elhais

Position: Legal Advisor at Al Rowaad Advocates and Legal Consultants.

COMPANY%20PROFILE%20

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COMPANY PROFILE

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THE SPECIFICATIONS

Jaguar F Pace SVR

Motor: 5 liter V8 supercharged engine

Transmission: 8-speed automatic

Perfomance: 542 hp

Torque: 680 Nm

Price: Dh465,071

APPLE IPAD MINI (A17 PRO)

Display: 21 cm Liquid Retina Display, 2266 x 1488, 326 ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

Memory: 128/256/512GB

Main camera: 12 MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

Front camera: 12 MP ultra wide angle, f/2.4, Smart HDR 4, Full HD at 25/30/60 fps

Biometrics: Touch ID, Face ID

Colors: Blue, Purple, Space Gray, Starlight

Included: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

Moon music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of titles: 10

Evaluation: 3/5

Company profile

%3Cp%3E%3Cstrong%3ECompany%20Name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders %3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector %3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20Investment%3A%3C%2Fstrong%3E%20%242.45%20Million%0D%3Cbr%3E%3Cstrong%3ECurrent%20Number %20of %20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A %3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C %20local%20family%20offices%3C%2Fp%3E%0A

Thousands dine at Iftar

Six industrial vats of 500 liters each are used to cook the kanji or broth

Each vat contains kanji or porridge to feed 1,000 people

The rice porridge is poured into a 500 ml plastic box

A container truck holds 350 plastic containers

Each aluminum container truck weighing 300kg is unloaded by a small crane mounted on a truck

COMPANY PROFILE

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The %20 specifications

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Company profile

%3Cp%3E%3Cstrong%3ECompany%20Name%3A%20%3C%2Fstrong%3ETuhoon%0D%3Cbr%3E%3Cstrong%3EYYear%20started%3A%20%3C%2Fstrong%3EJune%202021%0D%3Cbr%3E %3Cstrong%3ECo Founder%3A%20%3C%2Fstrong%3EFares%20Ghandour%2C%20Dr%20Naif%20Almutawa%2C%20Aymane%20Sennoussi%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong %3ERiyadh%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Ehealth%20care%0D%3Cbr%3E%3Cstrong%3ESize%3A%20%3C%2Fstrong%3E15%20employees%2C%20 %24250%2C000%20in%20revenue%0D%3Cbr%3EI%3Cstrong%3Investment%20stage%3A%20s%3C%2Fstrong%3Eeed%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EWamda %20Capital%2C%20Nuwa%20Capital%2C%20angel%20investors%3C%2Fp%3E%0A

The Biog

Name: Atheja Ali Busaibah

Date of birth: November 15, 1951

Favorite books: Books by Ihsan Abdel Quddous, such as “The Sun will Never Set”

Hobbies: Reading and writing poetry

Guiltandivy

Guiltandivy