Abu Dhabi-based defence company EDGE Group has launched a new European unit called EDGE Europe. The new company is based in France and has its headquarters in Paris. The move marks a major step in EDGE’s plan to expand its defence and technology operations across Europe. EDGE Europe is designed to strengthen the group’s presence in the European defence market. It will focus on advanced technology, fast development, and partnerships with local industry. The company aims to work closely with European governments, research centres, and private firms. The new structure includes two main locations. The headquarters is located in the…
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Abu Dhabi has set a major new goal to produce 60 per cent of its electricity from clean and renewable energy sources by 2035. The plan is part of a wider strategy to build a low-carbon economy and strengthen long-term climate resilience. The announcement reflects the emirate’s growing focus on sustainability as a key part of its economic future. The update was reported by Emirates News Agency, a TV BRICS partner. It highlights how Abu Dhabi is positioning clean energy as a central part of its development plan. Officials say the goal is not only about energy production but also…
Iran and the United Arab Emirates have opened a rare new security channel that links Abu Dhabi and Tehran through direct, face-to-face engagement. The move marks a major shift in regional diplomacy as both sides step into formal talks after years of limited contact and rising tension in the Gulf. The channel includes interaction with Iran’s Islamic Revolutionary Guard Corps and senior UAE officials, making it one of the most direct lines of communication between the two countries in recent years. According to Reuters, Iranian Revolutionary Guards officials stayed last week at a private guest house in Abu Dhabi linked…
Abu Dhabi is offering a packed weekend of art, music, ballet, and family entertainment with a wide range of cultural experiences taking place from Thursday through Sunday. While many sports fans will be following the World Cup, residents and visitors can also enjoy live performances, museum tours, creative workshops, and interactive activities across the emirate. One of the first highlights is Mande Maqamat at The Arts Centre at NYU Abu Dhabi. The performance is led by percussionist and artist-in-residence Yahael Camara Onono, who combines West African folklore, traditional Mande rhythms, Arabic maqamat, and live improvisation into a unique musical experience.…
Abu Dhabi is strengthening its position as a global innovation hub by focusing on long-term planning, resilience, and strategic investment. Speaking at the Hub71 Impact event on June 9, 2026, Hub71 CEO Ahmad Ali Alwan said sustainable growth comes from patient decision-making and a commitment to building for future generations rather than seeking short-term results. Alwan explained that Abu Dhabi’s success is rooted in a vision that encourages investment before demand appears. He said this approach has allowed the emirate to create an economy that attracts international talent, supports entrepreneurs, and encourages innovation across many industries. According to Alwan, the…
Abu Dhabi’s newest sovereign wealth fund has strengthened its position in power and water utility TAQA after completing a major share purchase. The latest deal increases the fund’s ownership in the state-backed company and highlights its growing influence in the region’s investment sector. L’IMAD Holding, led by Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, increased its investment through its subsidiary, Abu Dhabi Power Corporation. The company acquired an additional 9.1 billion TAQA shares, raising its total ownership to 98.12 percent. The newly acquired shares are valued at around 21.56 billion dirhams, or about $5.87 billion,…
President Sheikh Mohamed has met the Presidential Camel Racing Team in Abu Dhabi, recognizing their strong performance across the 2025 to 2026 racing season. The meeting highlighted the importance of camel racing as both a sport and a cultural tradition in the United Arab Emirates. The visit took place on Tuesday, with Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, also present. During the meeting, Sheikh Mohamed reviewed the team’s achievements across major regional and international competitions held throughout the season. The team delivered a series of notable victories in several high-profile events.…
Abu Dhabi-based Story Hospitality has officially joined the Global Hotel Alliance, marking a major step in its international expansion strategy and strengthening its position in the global luxury and lifestyle hospitality market. The move connects the group to one of the world’s largest hotel loyalty networks, giving its guests access to more than 1,000 hotels across multiple regions. The partnership introduces a new programme called Story Discovery, which integrates Story Hospitality into the wider GHA Discovery platform. This system allows members to earn and redeem rewards across hotel stays as well as a wide range of services, including dining, wellness…
Abu Dhabi is reshaping its solar energy future with a new self-supply framework that signals a major shift in how distributed solar power will work. The change is not only about installing more rooftop panels. It is about building a smarter and more controlled energy system that links solar production with real demand, storage, and grid stability. The new approach shows that Abu Dhabi is moving toward a more advanced phase of clean energy planning. Instead of focusing only on expansion, the emirate is now prioritizing how solar power fits into the wider electricity system. This includes demand patterns, battery…
Blue Owl Capital expands its global presence with a new office in Abu Dhabi’s ADGM. The private credit firm is making the UAE capital its regional headquarters as more Wall Street firms continue to move into the Middle East’s fast-growing financial hub. The decision shows how major global asset managers are strengthening their long-term plans in the region. Blue Owl Capital manages about $315 billion in assets. The company says the Abu Dhabi office will help it serve clients more directly across the Middle East and nearby markets. It also reflects a wider strategy to build stronger ties with institutional…
