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The Abu Dhabi Developmental Holding Company PJSC (Arabic: شركة أبوظبي التنموية القابضة ش.م.ع), branded ADQ since 2020, is a significant sovereign wealth fund based in Abu Dhabi. It was established in 2018 as a comparatively low-profile state-owned entity, acronymized ADDH at the time.
The Abu Dhabi Investment Authority (Arabic: جهاز أبوظبي للاستثمار, ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi in the United Arab Emirates, founded to invest funds on behalf of the Government of Abu Dhabi. It manages the emirate's excess oil reserves and is estimated to manage $1,057 billion. [2]
[2] [3] [4] In 2017, ownership of both MDC and IPIC was transferred to a newly created parent company, Mubadala Investment Company. [5] The company is a wholly-owned investment vehicle of the government of Abu Dhabi, and Sheikh Mansour bin Zayed Al Nahyan, vice-president and deputy prime minister of the United Arab Emirates, is chairman of the ...
It begins in New Al Falah in Abu Dhabi and extends north-eastward towards the Ras al-Khaimah emirate. E 311 has been called Sheikh Mohammad Bin Zayed Road since January 2013 [1] and is commonly known as SMBZ Road. [2] Prior to that it was called Emirates Road, but that name is now given to E 611, which was previously Dubai Bypass Road. [3]
AD Ports Group has five integrated business clusters Digital, Economic Cities & Free Zones, Logistics, Maritime and Ports. [10] Under the supervision of Abu Dhabi's Department of Economic Development, Maqta Gateway have developed and operates the Advanced Trade and Logistics Platform (ATLP) designed to unify trade and logistics services across Abu Dhabi, [11] including sea, land, air, and ...
The United Arab Emirates' recent investment in OpenAI reflected its mission to leverage its oil wealth to become a new center for AI innovation. Want to get into the AI industry? Head to Abu Dhabi.
Jafza is spread over 57 square km in the Jebel Ali area at the far western end of Dubai, on the Skeikh Zayed Road (E11). [6] Jafza is located at 24.984786°N, 55.0906813°E. The closest gate to access Jafza is Gate 4 of Jebel Ali. Jafza is located alongside the region's largest deep sea port in Jebel Ali, adjacent to the Dubai Expo 2020 site.
The Emirates Group is a subsidiary of the Dubai government investment company, Investment Corporation of Dubai. [34] [35] [36] The group has recorded a profit every year, except the second, and growth has never fallen below 20% a year. In its first 11 years, it doubled in size every 3.5 years, and has every four years since. [37]