Abu Dhabi

BYD wins 11.3 GWh battery storage deal for Abu Dhabi renewable megaproject

BYD Energy Storage has secured a contract from Masdar to supply 11.275 GWh of battery energy storage systems for the United Arab Emirates' round-the-clock renewable energy project in Abu Dhabi, one of the largest single energy storage deals ever signed.

Abu Dhabi’s MGX closes $49B AI fund, one of largest ever

Abu Dhabi-based technology investment firm MGX on Wednesday closed a $49 billion artificial intelligence fund, exceeding its $45 billion target and establishing one of the largest dedicated AI investment vehicles ever assembled. The fund, known as MGX Fund I, drew…

Abu Dhabi breaks ground on Frank Gehry-designed arts complex

Abu Dhabi has begun construction on Dar al Funoon Abu Dhabi, a sprawling performing arts complex on Saadiyat Island designed by the late Frank Gehry, the Department of Culture and Tourism – Abu Dhabi announced on June 25. The venue,…

Abu Dhabi’s MGX raises about $50 billion for AI deals

Abu Dhabi-backed artificial intelligence investment firm MGX has raised roughly $50 billion from local and international investors, according to Bloomberg, in one of the largest capital mobilizations dedicated to AI infrastructure and technology.

Disney reaffirms Abu Dhabi theme park in D’Amaro’s first earnings call

The Walt Disney Company used its fiscal second-quarter 2026 earnings call on Wednesday to reaffirm its commitment to building a theme park resort in Abu Dhabi, with new CEO Josh D'Amaro signaling the project is moving forward immediately as part…

Frieze to launch Abu Dhabi art fair in November 2026

Global art fair giant Frieze officially announced its expansion into the Middle East with the launch of Frieze Abu Dhabi in November 2026, marking a significant shift in the Gulf's increasingly competitive cultural landscape. The partnership with Abu Dhabi's Department…

Sotheby’s to showcase $150M art exhibition in Abu Dhabi

Sotheby's is set to showcase its most valuable exhibition ever in the Middle East, presenting masterpieces worth $150 million at Abu Dhabi's Bassam Freiha Art Foundation on October 1-2. The landmark two-day exhibition features works by Vincent van Gogh, Frida…

Sotheby’s launches first Abu Dhabi auction with luxury items

Sotheby's announced on Wednesday its first-ever auction series in Abu Dhabi, marking a milestone expansion into the UAE capital as the emirate positions itself as a global luxury and cultural hub. The Abu Dhabi Collectors' Week will run from December…

Abu Dhabi’s flagship Zayed National Museum to open in December 2025

Abu Dhabi's Zayed National Museum will open its doors to the public in December 2025, officials announced today, marking the culmination of a 15-year journey to create the UAE's flagship cultural institution on Saadiyat Island.