Company Insights Abu Dhabi Investment Office Banking and Finance Latest Abu Dhabi Investment Office DevelopmentsAI Insights The Abu Dhabi Investment Office signed an agreement with a US developer of electric vertical takeoff and landing aircraft to establish a manufacturing centre in Abu Dhabi. The project is part of the Abu Dhabi Smart and Autonomous Vehicles Industry cluster which focuses on the development of driverless air, land and sea vehicles in Masdar City1. During the Gitex Global event, the company signed agreements with three more smart vehicle companies. A memorandum of understanding was signed with NWTN to utilise Yas Island's testing facilities. The company also partnered with Pony.ai and Star Charge to expand smart vehicle operations within the SAVI cluster2. ADIO aims to attract family offices and ultra-high-net-worth individuals to Abu Dhabi. The company has initiatives under its family office programme to enhance the investor experience which includes private clubs and boarding schools3. The company has partnered with the Department of Health and Department of Economic Development to launch the Health, Endurance, Longevity and Medicine cluster. This initiative focuses on life sciences and aims to enhance medical innovation to contribute to the emirate’s GDP4. The company is supporting efforts to make Abu Dhabi a centre for life sciences and health innovation. A cluster focusing on healthcare was launched to contribute significantly to GDP and create new jobs by 20455. Abu Dhabi Investment Office Overview The Abu Dhabi Investment Office (ADIO) is the investment arm of the Abu Dhabi government. It says it is committed to growing the emirate’s private sector and diversifying its economy and helps investors and companies of all sizes to establish and develop their businesses in Abu Dhabi. ADIO has pledged to invest AED2 billion ($545 million) in supporting the growth of tech-focused industries in the emirate. Investments include autonomous vehicles and blockchain technology. The office also encourages investment in other sectors including tourism, healthcare, financial services and agricultural technology. ADIO facilitated about AED2.4 billion in public private partnership deals between 2020 and 2024. The office offers a variety of services, from business support and advice to a public-private partnership programme. It also offers the Musataha programme exclusively to UAE citizens to encourage the development of long-term projects. Abu Dhabi Investment Office News Transport Omani startup a step closer to launching flying cars Omani startup AeroVecto has signed an agreement with a Romanian vertiport developer to develop services for the launch of flying cars in the sultanate. AeroVecto is developing a vehicle called the Shuttle, an electric vertical take-off and landing (eVTOL) aircraft, for mass public transportation, with variants planned for cargo delivery, emergency response and premium travel, […] June 9, 2025 Health Abu Dhabi seeks bids for studies of indoor air quality Abu Dhabi is seeking proposals from research companies, consultancies and academic institutions to study the health impact of indoor air pollution, as the emirate plans to draft new evidence-based public health policies. The Abu Dhabi Public Health Center has invited bids to develop research to quantify the health burden of indoor air pollution and propose […] May 22, 2025 Health Mubadala Bio launches to bolster UAE drug security Mubadala Investment Company, Abu Dhabi’s $330 billion sovereign wealth fund, has launched a dedicated life sciences unit as part of a broader strategy to boost domestic pharmaceutical production, improve healthcare resilience and support the UAE’s economic diversification efforts. The new entity, Mubadala Bio, will oversee a portfolio of 10 manufacturing facilities across Asia, Africa, and […] May 20, 2025 Space Abu Dhabi launches facility to manufacture satellites Abu Dhabi Investment Office (ADIO) and Space42 have launched the region’s first satellite manufacturing facility to build local remote sensing capabilities. The Space42 Space Systems facility will localise the design, assembly and testing of SAR satellites used for earth observation, securing space-based intelligence for Abu Dhabi, according to a joint statement. SAR (commercial synthetic aperture […] May 20, 2025 Health ADIO expands US office in health sector push The state-backed Abu Dhabi Investment Office (ADIO), which aims to attract inward investment into the UAE capital, is expanding its US operations to secure new funds for the local health sector. The expansion of the San Francisco office will support Abu Dhabi’s clinical validation and regulatory advancement in the healthcare and other priority sectors, state-run […] May 9, 2025 Health Abu Dhabi launches life sciences business cluster Abu Dhabi has launched a new cluster targered at the life sciences sector, bringing together global companies focused on the preventative care, drug efficacy and human longevity industries. Abu Dhabi’s clusters are groupings of related businesses and insititutions that work together to improve collaboration and share infrastructure. The health, endurance, longevity and medicine (Helm) cluster, […] April 16, 2025 Aviation Abu Dhabi-backed Archer to develop hybrid defence aircraft Archer Aviation, the California-based air taxi operator, has raised $300 million in a new funding round that involved institutional investors including funds and accounts managed by BlackRock. Archer, which describes itself as an electric vertical take-off and landing (eVTOL) developer, said the capital raise will accelerate the development of its aircraft and a new defence […] February 13, 2025 Aviation Three vertiport locations identified in Abu Dhabi Al Bateen, Yas Island and Khalifa Port have been identified as locations for developing vertiports in Abu Dhabi after 14 potential sites were accessed. A detailed feasibility study has been submitted to the Abu Dhabi government following discussions with more than 34 government entities, according to a joint statement from LODD, an Abu Dhabi-based AI-powered drone […] February 12, 2025 People & Lifestyle Abu Dhabi thinks big to attract super-wealthy From exclusive schools and members’ clubs to private banking and wealth management institutions, Abu Dhabi is ramping up efforts to attract family offices and ultra-high-net-worth individuals to the emirate. US private equity investor Leon Black, who has a net worth of about $14 billion, in September opened a branch of his family office in Abu […] December 12, 2024 Infrastructure $54bn private investment sought for Abu Dhabi infrastructure Abu Dhabi is overseeing more than 600 infrastructure projects valued at more than AED200 billion ($54 billion), representing an opportunity for the private sector to collaborate on a pipeline of projects that are integral to the emirate’s Economic Vision 2030 plan, a senior official said. The projects, being led by the Abu Dhabi Projects and […] December 2, 2024 Posts navigation 1 2 … 5 Next
Transport Omani startup a step closer to launching flying cars Omani startup AeroVecto has signed an agreement with a Romanian vertiport developer to develop services for the launch of flying cars in the sultanate. AeroVecto is developing a vehicle called the Shuttle, an electric vertical take-off and landing (eVTOL) aircraft, for mass public transportation, with variants planned for cargo delivery, emergency response and premium travel, […] June 9, 2025
Health Abu Dhabi seeks bids for studies of indoor air quality Abu Dhabi is seeking proposals from research companies, consultancies and academic institutions to study the health impact of indoor air pollution, as the emirate plans to draft new evidence-based public health policies. The Abu Dhabi Public Health Center has invited bids to develop research to quantify the health burden of indoor air pollution and propose […] May 22, 2025
Health Mubadala Bio launches to bolster UAE drug security Mubadala Investment Company, Abu Dhabi’s $330 billion sovereign wealth fund, has launched a dedicated life sciences unit as part of a broader strategy to boost domestic pharmaceutical production, improve healthcare resilience and support the UAE’s economic diversification efforts. The new entity, Mubadala Bio, will oversee a portfolio of 10 manufacturing facilities across Asia, Africa, and […] May 20, 2025
Space Abu Dhabi launches facility to manufacture satellites Abu Dhabi Investment Office (ADIO) and Space42 have launched the region’s first satellite manufacturing facility to build local remote sensing capabilities. The Space42 Space Systems facility will localise the design, assembly and testing of SAR satellites used for earth observation, securing space-based intelligence for Abu Dhabi, according to a joint statement. SAR (commercial synthetic aperture […] May 20, 2025
Health ADIO expands US office in health sector push The state-backed Abu Dhabi Investment Office (ADIO), which aims to attract inward investment into the UAE capital, is expanding its US operations to secure new funds for the local health sector. The expansion of the San Francisco office will support Abu Dhabi’s clinical validation and regulatory advancement in the healthcare and other priority sectors, state-run […] May 9, 2025
Health Abu Dhabi launches life sciences business cluster Abu Dhabi has launched a new cluster targered at the life sciences sector, bringing together global companies focused on the preventative care, drug efficacy and human longevity industries. Abu Dhabi’s clusters are groupings of related businesses and insititutions that work together to improve collaboration and share infrastructure. The health, endurance, longevity and medicine (Helm) cluster, […] April 16, 2025
Aviation Abu Dhabi-backed Archer to develop hybrid defence aircraft Archer Aviation, the California-based air taxi operator, has raised $300 million in a new funding round that involved institutional investors including funds and accounts managed by BlackRock. Archer, which describes itself as an electric vertical take-off and landing (eVTOL) developer, said the capital raise will accelerate the development of its aircraft and a new defence […] February 13, 2025
Aviation Three vertiport locations identified in Abu Dhabi Al Bateen, Yas Island and Khalifa Port have been identified as locations for developing vertiports in Abu Dhabi after 14 potential sites were accessed. A detailed feasibility study has been submitted to the Abu Dhabi government following discussions with more than 34 government entities, according to a joint statement from LODD, an Abu Dhabi-based AI-powered drone […] February 12, 2025
People & Lifestyle Abu Dhabi thinks big to attract super-wealthy From exclusive schools and members’ clubs to private banking and wealth management institutions, Abu Dhabi is ramping up efforts to attract family offices and ultra-high-net-worth individuals to the emirate. US private equity investor Leon Black, who has a net worth of about $14 billion, in September opened a branch of his family office in Abu […] December 12, 2024
Infrastructure $54bn private investment sought for Abu Dhabi infrastructure Abu Dhabi is overseeing more than 600 infrastructure projects valued at more than AED200 billion ($54 billion), representing an opportunity for the private sector to collaborate on a pipeline of projects that are integral to the emirate’s Economic Vision 2030 plan, a senior official said. The projects, being led by the Abu Dhabi Projects and […] December 2, 2024