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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.
[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 ...
The Microsoft sign at the entrance of the Dubai Microsoft campus, Dubai Internet City Dubai Maritime City, Dubai under construction in 2008. A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone.
One of the key elements of the center is a privately held financial exchange that opened in September 2005 as Dubai International Financial Exchange (DIFX) but was rebranded as NASDAQ Dubai in 2008. The trading hours of NASDAQ Dubai are from 10:00 a.m. to 2:00 p.m. (6:00 a.m. to 10:00 a.m. GMT), from Sunday to Thursday. [10]
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]
The United Arab Emirates' recent investment in OpenAI reflected its mission to leverage its oil wealth to become a new center for AI innovation.
The investment strategy the council is to deliver superior long-term risk-adjusted returns while preserving capital. Although the council invests globally, there is a strong focus of investing in Abu Dhabi's economy. Some of its significant past investments have included: [10] [11] [12] National Bank of Abu Dhabi; Abu Dhabi Commercial Bank
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 ...