Company Insights Abu Dhabi Investment Office Banking & Finance Latest Abu Dhabi Investment Office DevelopmentsAI Insights Abu Dhabi Investment Office (ADIO) recently formed agreements with multiple international firms to expand its smart and autonomous vehicles initiatives. This includes Archer Aviation, a US developer of electric vertical takeoff and landing aircraft, which agreed to establish a manufacturing facility in Abu Dhabi. Archer plans to produce around 100 aircraft annually, with ambitions to scale production significantly in the future 1. In connection with its Smart and Autonomous Vehicles Industry cluster, ADIO also signed memoranda of understanding with NWTN and Pony.ai to utilise Yas Island's testing facilities 5. ADIO has facilitated South Korean blockchain firm Neoply's decision to base its global headquarters in Abu Dhabi. This move aligns with ADIO's strategy to support tech-focused industries through significant investment 2. It has also been active in fostering UAE-Israel business relations. A series of meetings with Israeli entrepreneurs aimed to deepen collaboration in the technology sector 3. The office established South Korean relations aimed at joint hydrogen and renewable energy initiatives, cementing its role in advancing non-oil trade sectors 4. 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 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 Logistics Egyptian company buys into Neom-backed seaglider United Marine Egypt Shipping will be the launch customer for a large passenger seaglider that is designed to travel at high speeds over water. US maritime transport company Regent said UME will be the first to receive its Monarch seaglider. The Monarch is a 50-to-100-passenger electric craft that Regent says will travel up to 650km […] October 31, 2024 Analysis Real Estate Investors size up Gulf student housing after US success Gulf entities have invested billions of dollars in student housing in the United States over the past few years, and are now considering making the same play locally. Accommodation for university students has become a hot asset class amid demographic growth fueled by the millennial generation, which recently passed the baby boomers to become the […] September 16, 2024 Aviation Archer Aviation says UAE is ahead in air taxi race The UAE is winning the race to launch Archer Aviation’s flying taxis, ahead of the US, India and South Korea. The Abu Dhabi-backed electric vertical take-off and landing (eVTOL) aircraft manufacturer last week became one of only two air taxi companies in the world to receive certification as an airline from the US Federal Aviation […] June 11, 2024 Aviation Abu Dhabi signs multiple deals to launch air taxi services in 2025 A commute from Abu Dhabi to Dubai could take only 30 minutes next year, with the introduction of air taxi services significantly slashing travel time between the emirates. The electric aircraft manufacturer Joby Aviation signed agreements this week with Abu Dhabi’s Department of Municipalities and Transport, Department of Economic Development and Department of Culture and […] April 26, 2024 Aviation Air taxi makers promise Dubai-Abu Dhabi commute in 30 minutes Flying cars could cut the commute between Dubai and Abu Dhabi to 30 minutes next year after a deal between Archer Aviation of the US and the UAE’s Falcon Aviation. Under the agreement, the two will develop air taxi vertiports at the Falcon heliport at Atlantis the Palm in Dubai and the Marina Mall heliport […] March 12, 2024 Banking & Finance Abu Dhabi courts celebrity investors to make its mark Abu Dhabi is increasingly turning to celebrities, from actors and comedians to boxers and writers, to increase its presence on the world stage. The UAE’s capital has attracted entrepreneurs from around the world who are investing and expanding their businesses in the emirate. Among the latest to announce plans to invest in Abu Dhabi are […] March 1, 2024 Posts navigation 1 2 … 5 Next
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
Logistics Egyptian company buys into Neom-backed seaglider United Marine Egypt Shipping will be the launch customer for a large passenger seaglider that is designed to travel at high speeds over water. US maritime transport company Regent said UME will be the first to receive its Monarch seaglider. The Monarch is a 50-to-100-passenger electric craft that Regent says will travel up to 650km […] October 31, 2024
Analysis Real Estate Investors size up Gulf student housing after US success Gulf entities have invested billions of dollars in student housing in the United States over the past few years, and are now considering making the same play locally. Accommodation for university students has become a hot asset class amid demographic growth fueled by the millennial generation, which recently passed the baby boomers to become the […] September 16, 2024
Aviation Archer Aviation says UAE is ahead in air taxi race The UAE is winning the race to launch Archer Aviation’s flying taxis, ahead of the US, India and South Korea. The Abu Dhabi-backed electric vertical take-off and landing (eVTOL) aircraft manufacturer last week became one of only two air taxi companies in the world to receive certification as an airline from the US Federal Aviation […] June 11, 2024
Aviation Abu Dhabi signs multiple deals to launch air taxi services in 2025 A commute from Abu Dhabi to Dubai could take only 30 minutes next year, with the introduction of air taxi services significantly slashing travel time between the emirates. The electric aircraft manufacturer Joby Aviation signed agreements this week with Abu Dhabi’s Department of Municipalities and Transport, Department of Economic Development and Department of Culture and […] April 26, 2024
Aviation Air taxi makers promise Dubai-Abu Dhabi commute in 30 minutes Flying cars could cut the commute between Dubai and Abu Dhabi to 30 minutes next year after a deal between Archer Aviation of the US and the UAE’s Falcon Aviation. Under the agreement, the two will develop air taxi vertiports at the Falcon heliport at Atlantis the Palm in Dubai and the Marina Mall heliport […] March 12, 2024
Banking & Finance Abu Dhabi courts celebrity investors to make its mark Abu Dhabi is increasingly turning to celebrities, from actors and comedians to boxers and writers, to increase its presence on the world stage. The UAE’s capital has attracted entrepreneurs from around the world who are investing and expanding their businesses in the emirate. Among the latest to announce plans to invest in Abu Dhabi are […] March 1, 2024
