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The Latest Breaking News from Abu Dhabi

AC Milan targeting Liverpool and Man City stars as wishlist emerges amid £850m takeover

AC Milan are in the process of being bought by a Bahrain investment fund for $1.1billion with a wish list of summer transfer drawn up with Liverpool, Man City, Ajax, and Real Madrid among those ready to be pilfered

Daily Mirror

BlackRock Real Assets, UAE’s Mubadala Invest in India’s Tata Power Company

India's Tata Power Company said on Thursday that a consortium led by the US-based BlackRock Real Assets and Abu Dhabi's Mubadala Investment Company would invest 40 billion rupees ($525.76 million) in the company’s renewable energy unit for a 10.53% stake. The investment is expected to fund Tata Power Renewable Energy’s…

Asharq Al-Awsat

Bahrain, UAE Keen on Bolstering Economic Cooperation

Bahrain’s King Hamad bin Isa Al Khalifa held talks on Thursday with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan, who arrived in Manama for a short visit. They underscored the importance of advancing joint bilateral cooperation in various economic, trade and investment fields. They further underlined the…

Asharq Al-Awsat

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Abu Dhabi’s ADQ Buys Stakes Worth $1.85b in Egyptian Firms

Abu Dhabi's state holding company ADQ has bought shares worth $1.85 billion in five publicly traded Egyptian companies.

Asharq Al-Awsat

British soldier detained in Abu Dhabi after refusing to board flight finally reunited with family

The dad of four was first locked up by authorities back in January

Manchester Evening News

Toto Wolff says former race director Masi was liability to F1 and disrespectful

The Mercedes principal, Toto Wolff, is still unhappy with Michael Masi’s role in last season’s finale in Abu Dhabi, saying: ‘He has not properly reflected that he did something wrong’

The Guardian - UK

Michael Masi branded 'liability' who disrespected drivers by Mercedes boss Toto Wolff

Michael Masi has been branded a 'liability' by Mercedes boss Toto Wolff who is still fuming with the Australian's decision at the 2021 Abu Dhabi GP

Daily Mirror

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UAE Agtech Right Farm Raises $2.8 Million from Investors

Right Farm, a United Arab Emirates agriculture technology firm, said on Monday it raised $2.8 million from investors including Abu Dhabi state holding company ADQ's venture platform. The company is a business to business digital platform which sources fresh produce from local and international farms for the food and retail…

Asharq Al-Awsat

Abu Dhabi Global Market Grants In-Principle Approval for Binance

Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), to operate as a broker-dealer in virtual assets, state news agency WAM reported. ADGM, the International…

Asharq Al-Awsat

Leaked emails reveal Manchester City received payments from Abu Dhabi

Manchester City allegedly liaised with a government agency in the Gulf State over payments and are under Premier League investigation for potential rule-breaking including paying fees for underage players

The Guardian - UK

Environment Agency – Abu Dhabi Announces Ban on Single-Use Plastic Bags from June 2022

The Environment Agency – Abu Dhabi (EAD) announced on Wednesday that its ban on the use of single-use plastic bags will be effective from June 2022, based on its integrated single-use plastic policy that was introduced in 2020. EAD plans to gradually reduce the amount of single-use plastic products consumed…

Asharq Al-Awsat

What Red Bull learned from the stress of its latest F1 title success

Max Verstappen’s Formula 1 world championship triumph last year was sealed thanks to the late intervention of the ‘racing gods’ in the Abu Dhabi season finale.

Autosport

Abu Dhabi Arabic Language Center Launches Digital Arabic Lexicon Website

The Abu Dhabi Arabic Language Center (ALC), part of the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi), launched the Digital Arabic Lexicon website to support and enhance online Arabic content and establish an integrated digital reference for Arabic speakers and non-speakers alike, reported the UAE state…

Asharq Al-Awsat

Biden rebuffed as US relations with Saudi Arabia and UAE hit new low

Analysis: As oil prices – and diplomatic tensions – rise, two of the biggest US allies are questioning the basis of their relationship

The Guardian - US

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Asharq Al-Awsat

Abu Dhabi has rescued over 250 Turtles, says environment agency

The Environment Agency - Abu Dhabi (EAD) has rescued over 200 sea turtles since the start of the new year.

Asharq Al-Awsat

Abu Dhabi Crown Prince, Zelensky Discuss Ukraine Crisis

Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan held a phone call Wednesday with Ukraine President Volodymyr Zelensky. The leaders discussed the latest developments in the Ukraine crisis and the progress made in the Russia-Ukraine peace negotiations. During…

Reuters

Blinken expects 'truly strategic' conversation with Abu Dhabi de facto ruler

U.S. Secretary of State Antony Blinken said a meeting planned on Tuesday in Morocco with the de facto ruler of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan, will be an opportunity to have a "truly strategic" conversation.

Asharq Al-Awsat

Abu Dhabi Sovereign Fund Pausing Russia Investments, CEO Says

Abu Dhabi's Mubadala Investment Company is pausing investments in Russia, which represent less than 1% of its portfolio, because of the Ukraine crisis, the chief executive of the $243 billion sovereign wealth fund said on Monday. This is the first comment by the top executive of Mubadala, Abu Dhabi's second…

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The Hindu

Stalin visits Museum of the Future in Dubai

‘Trip to Dubai and Abu Dhabi has provided me with a variety of experiences’

Asharq Al-Awsat

Five-Way Meeting to Be Held in Jerusalem to Tackle Issues Discussed in Sharm El-Sheikh

Five days after the tripartite summit in Sharm el-Sheikh, which brought together Egyptian President Abdel Fattah Al-Sisi, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan and Israeli Prime Minister Naftali Bennett, Israeli Foreign Minister Yair Lapid announced holding a two-day "historic diplomatic summit." The five-way regional summit will…

Asharq Al-Awsat

Jordan's King, Egypt's Sisi, Abu Dhabi Crown Prince, Iraq PM Meet in Aqaba

Jordan's King Abdullah II received on Friday Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan, Egyptian President Abdul Fattah al-Sisi and Iraqi Prime Minister Mustafa al-Kadhimi. The leaders met in Aqaba for talks on boosting relations between their…

Daily Mirror

FIA 'creating new role for Michael Masi' despite axing him after Abu Dhabi chaos

Michael Masi might have been relieved of his race director role following his safety car ruling in Abu Dhabi, but he will still play a part in the FIA's operation going forward

Al Jazeera

Ukraine war allows UAE to bring Syria’s Assad in from the cold

Geopolitical realignments have allowed the UAE to rehabilitate Bashar al-Assad, with Russian support.

Asharq Al-Awsat

ADQ, Turkey Wealth Fund Launch $300m Venture Capital Fund

ADQ, an Abu Dhabi-based investment and holding company, and Turkey Wealth Fund (TWF) launched Wednesday a $300 million-tech fund, which will invest in venture capital funds and high-growth potential companies in Turkey. Turkey Technology Fund – ADQ TWF will invest in companies developing emerging technologies or improving existing technologies in…

The Guardian - US

Mystery owner of Stan the T rex finally revealed following $31.8m auction

Paleontologists celebrate ‘happy ending’ as Abu Dhabi museum is revealed as owner, after fearing implications of sale to secret buyer

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