UAE conglomerate IFFCO draws preliminary interest from multiple bidders, including a firm overseen by a prominent member of Abu Dhabi’s royal family and a Dubai-based billionaire https://t.co/2CRLm6YoG1
Wall Street is increasingly turning to a low-profile executive in Abu Dhabi for clues to the city’s spending plans in the face of war. Find out how Jassem Bu Ataba Al Zaabi became so important: https://t.co/O7RGeRuDxJ
📷: Abu Dhabi Media Office
Abu Dhabi official Jassem Bu Ataba Al Zaabi has become central to the UAE's efforts to manage its oil wealth in the face of rising geopolitical risks https://t.co/TLPLaKztqQ
Abu Dhabi is exploring creating a new defense-focused investment vehicle, sources say, as part of the UAE's efforts to further bolster its capabilities https://t.co/viebT2TVZk
Abu Dhabi is considering plans to consolidate Chinese assets housed within two of its wealth funds under a new entity, setting the stage for a radical overhaul of its investment strategy for the world’s second-largest economy https://t.co/g5FtpOmp21
US intelligence indicates that China is preparing to provide Iran with air defense systems in a matter of weeks, CNN reported. Beijing is expected to ship shoulder-fired, surface-to-air missiles known as Man-Portable Air Defense Systems. https://t.co/Cv8MspAzcb
Hours after the US and Iran agreed to a two-week ceasefire, an executive from an Abu Dhabi fund booked the first flight back to the Emirati capital, while another said they plan to return over the weekend https://t.co/xccSnY4Xs9
Some Iranian nationals are now barred from entering or transiting through the United Arab Emirates, according to the country’s flagship airlines, as the regional war enters its second month. https://t.co/gbP3RXVqeX
Students following the International Baccalaureate program in the UAE will be graded on their coursework and teachers’ assessments rather than written exams this year as regional conflict disrupts the academic calendar https://t.co/EmoRmishmy
Can I suggest a small but intense corner of hell for people who say to journalists during weekend social encounters, “You should write an article about..”
I’m thinking the next person who does it who is in say, finance, will get the answer, “I reckon you should really change your investment strategy for middle income countries”
Markets may be “overly optimistic” about the impact of the Iran conflict, says @Lagarde. She tells @zannymb that a return to normality could take years. Watch the full interview on The Insider at 6pm London time: https://t.co/1cOJYf0M65
JPMorgan Chase and Partners Group Holding have canceled upcoming gatherings in the UAE as the Iran war prompts a rethink of events that were meant to underscore the region’s growing heft as a financial center https://t.co/zgy5OT0Jc3
Markets still seem to be taking the Iran war as a TACO. I’m not sure that’s right. There’s still a lot of complacency that everything will be back to normal by April.
Goldman Sachs Group Inc. and Citigroup Inc. have told staffers in Dubai to stay away from their offices as Iran’s attacks on Gulf cities continue. https://t.co/mnnnA53aiJ
Is Iran really losing its drone capacity? A closer look at how the US is measuring "degradation," and why the Shahed question deserves more scrutiny. A 🧵.
Several Etihad-operated flights took off from Abu Dhabi International Airport on Monday with destinations including London, Paris, Moscow and Mumbai, according to the airport’s website and FlightRadar24 data. https://t.co/tWjtSKYqFt
Relevant authorities in Abu Dhabi are dealing with an incident involving the fall of debris from a drone after it was intercepted by air defence systems onto the façade of one of the buildings at Etihad Towers. The incident resulted in minor injuries to a woman and her child, as well as minor material damage.
The authorities clarified that the sounds heard across the emirate were due to the successful interception operations and urged the public not to spread rumours or misleading information, and to obtain information from official sources only, assuring that updates will be announced as soon as they become available.