Abu dhabi articles
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Abu Dhabi’s $302 Billion Fund Deepens AI and Private Credit Push
Mubadala Investment Co. deployed 89 billion dirhams ($24.2 billion) last year into a range of sectors including private credit and artificial intelligence, an area where Abu Dhabi is seeking to make greater inroads.
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Abu Dhabi’s Etihad Airways net profit surges to $143.2 million in Q1 2024
Etihad Airways has achieved in Q1 2024 net income of AED526 million ($143.2 million). This represents a substantial improvement compared to the same period in 2023, setting a strong foundation for the 2024 fiscal year. The Abu-Dhabi based company experienced a noteworthy surge in total revenue, which rose by AED987 million ($268.7 million) from Q1 2023 to Q1 2024. Revenue climbed from AED4.752 billion ($1.29 billion) to AED5.739 billion ($1.56 million) during this period. This increase can be...
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Abu Dhabi owners of Man City and Girona given options to meet UEFA's Champions League entry rules
The Abu Dhabi investors in Manchester City and Girona have been offered divestment options by UEFA to let both compete in the Champions League next season by complying with integrity rules for teams that share owners. Girona has made a stunning run to a guaranteed top-four finish in Spain’s La