Abu Dhabi Investment Office

United Arab Emirates B2C Ecommerce Market Opportunities Databook 2023: 100+ KPIs on Ecommerce Verticals, Share by Key Players, Sales Channels, Payment Instrument, Demographics 2018-2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, March 24, 2023
Professional Services, Business, Partnership, Food, Travel, Abu Dhabi Investment Office, Reward, GMG, Beauty, Knowledge, Growth, City, Transport, Emirati, Medium, Football, Food delivery, Online shopping, Emirates, Amazon

B2C Ecommerce market in United Arab Emirates is expected to grow by 14.80% on annual basis to reach US$30.7 billion in 2023.

Key Points: 
  • B2C Ecommerce market in United Arab Emirates is expected to grow by 14.80% on annual basis to reach US$30.7 billion in 2023.
  • The Medium to long-term growth story of B2C Ecommerce industry in United Arab Emirates promises to be attractive.
  • The B2C Ecommerce is expected to grow steadily over the forecast period, recording a CAGR of 11.12% during 2023-2027.
  • The country's B2C Ecommerce Gross Merchandise Value will increase from US$26.8 billion in 2022 to reach US$46.8 billion by 2027.

Halcyon Hosts Mission-Driven Start-ups in Abu Dhabi in Collaboration with the U.S. State Department and Access Abu Dhabi, Supported by the Abu Dhabi Investment Office

Retrieved on: 
Wednesday, March 22, 2023
State, Amazon Web Services, Partnership, Women in Science Hall of Fame (U.S. State Department), U.S. Department of Defense Strategy for Operating in Cyberspace, Education, Abu Dhabi Investment Office, McAuliffe, ABU, Diplomatic rank, Organization, Fellow, Growth, Climate, Ecosystem, MENA, Office of Global Partnerships, Health, AWS, United, Amusement park, Halcyon

ABU DHABI, UAE, March 22, 2023 /PRNewswire/ -- Washington, D.C.-based incubator, Halcyon concluded a week-long program in Abu Dhabi this week with a cohort of 28 founders representing the region's most promising impact-driven businesses. This year's cohort marks the second year of Halcyon's Middle East and North Africa (MENA) Fellowship, which brings together founders from across the region for skills building and networking. This two-year program has been conducted in partnership with the U.S. Department of State and Amazon Web Services (AWS), with the support of Leana and Marc Katz. The delegation's visit to the UAE was in collaboration with Access Abu Dhabi, a program supported by the Abu Dhabi Investment Office (ADIO), which is open to all US businesses and includes various support to accelerate expansion and growth in the UAE capital.

Key Points: 
  • This two-year program has been conducted in partnership with the U.S. Department of State and Amazon Web Services (AWS), with the support of Leana and Marc Katz.
  • The delegation's visit to the UAE was in collaboration with Access Abu Dhabi, a program supported by the Abu Dhabi Investment Office (ADIO), which is open to all US businesses and includes various support to accelerate expansion and growth in the UAE capital.
  • They join Halcyon's network of over 300 fellows from around the world solving 21st century challenges through impact-driven business.
  • "Abu Dhabi is making strides to develop a robust ecosystem for start-ups, and together with our partners and collaborators at the U.S. State Department, we are proud to be supporting that work."

Halcyon Hosts Mission-Driven Start-ups in Abu Dhabi in Collaboration with the U.S. State Department and Access Abu Dhabi, Supported by the Abu Dhabi Investment Office

Retrieved on: 
Tuesday, March 21, 2023
State, Amazon Web Services, Partnership, Women in Science Hall of Fame (U.S. State Department), U.S. Department of Defense Strategy for Operating in Cyberspace, Education, Abu Dhabi Investment Office, Diplomatic Reception Rooms, U.S. Department of State, ABU, Fellow, Growth, Climate, Ecosystem, MENA, Office of Global Partnerships, Health, AWS, United, Amusement park, Tourism, Halcyon

ABU DHABI, UAE, March 21, 2023 /PRNewswire/ -- Washington, D.C.-based incubator, Halcyon concluded a week-long program in Abu Dhabi this week with a cohort of 28 founders representing the region's most promising impact-driven businesses. This year's cohort marks the second year of Halcyon's Middle East and North Africa (MENA) Fellowship, which brings together founders from across the region for skills building and networking. This two-year program has been conducted in partnership with Amazon Web Services (AWS), with the support of the U.S. Department of State and Leana and Marc Katz. The delegation's visit to the UAE was in collaboration with Access Abu Dhabi, a program supported by the Abu Dhabi Investment Office (ADIO), which is open to all US businesses and includes various support to accelerate expansion and growth in the UAE capital.

Key Points: 
  • This two-year program has been conducted in partnership with Amazon Web Services (AWS), with the support of the U.S. Department of State and Leana and Marc Katz.
  • The delegation's visit to the UAE was in collaboration with Access Abu Dhabi, a program supported by the Abu Dhabi Investment Office (ADIO), which is open to all US businesses and includes various support to accelerate expansion and growth in the UAE capital.
  • Over the course of the visit, the delegation held a series of meetings with Abu Dhabi-based entrepreneurs and investors to explore opportunities for potential collaboration.
  • "Abu Dhabi is making strides to develop a robust ecosystem for start-ups, and together with our partners and collaborators at the U.S. State Department, we are proud to be supporting that work."

Halcyon Hosts Mission-Driven Start-ups in Abu Dhabi in Collaboration with the U.S. State Department and Access Abu Dhabi, Supported by the Abu Dhabi Investment Office

Retrieved on: 
Tuesday, March 21, 2023
State, Amazon Web Services, Partnership, Women in Science Hall of Fame (U.S. State Department), U.S. Department of Defense Strategy for Operating in Cyberspace, Education, Abu Dhabi Investment Office, Diplomatic Reception Rooms, U.S. Department of State, ABU, Fellow, Growth, Climate, Ecosystem, MENA, Office of Global Partnerships, Health, AWS, United, Amusement park, Tourism, Halcyon

ABU DHABI, UAE, March 21, 2023 /PRNewswire/ -- Washington, D.C.-based incubator, Halcyon concluded a week-long program in Abu Dhabi this week with a cohort of 28 founders representing the region's most promising impact-driven businesses. This year's cohort marks the second year of Halcyon's Middle East and North Africa (MENA) Fellowship, which brings together founders from across the region for skills building and networking. This two-year program has been conducted in partnership with Amazon Web Services (AWS), with the support of the U.S. Department of State and Leana and Marc Katz. The delegation's visit to the UAE was in collaboration with Access Abu Dhabi, a program supported by the Abu Dhabi Investment Office (ADIO), which is open to all US businesses and includes various support to accelerate expansion and growth in the UAE capital.

Key Points: 
  • This two-year program has been conducted in partnership with Amazon Web Services (AWS), with the support of the U.S. Department of State and Leana and Marc Katz.
  • The delegation's visit to the UAE was in collaboration with Access Abu Dhabi, a program supported by the Abu Dhabi Investment Office (ADIO), which is open to all US businesses and includes various support to accelerate expansion and growth in the UAE capital.
  • Over the course of the visit, the delegation held a series of meetings with Abu Dhabi-based entrepreneurs and investors to explore opportunities for potential collaboration.
  • "Abu Dhabi is making strides to develop a robust ecosystem for start-ups, and together with our partners and collaborators at the U.S. State Department, we are proud to be supporting that work."

Thoma Bravo Completes Acquisition of Coupa Software

Retrieved on: 
Tuesday, February 28, 2023
Spend, Abu Dhabi Investment Office, BSM, Abu Dhabi Investment Authority, Partnership, Partner, Thoma Bravo, Acquisition, Growth, SAN, CFO, ADIA, Kirkland & Ellis, Cryptocurrency, Video game, Financial adviser, Coupa

SAN MATEO, Calif., Feb. 28, 2023 /PRNewswire/ -- Coupa Software, a leader in Business Spend Management (BSM), today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $8.0 billion.

Key Points: 
  • SAN MATEO, Calif., Feb. 28, 2023 /PRNewswire/ -- Coupa Software, a leader in Business Spend Management (BSM), today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $8.0 billion.
  • With the completion of the transaction, Coupa stockholders are entitled to receive $81.00 per share in cash for each share of Coupa common stock they owned.
  • "Coupa created the Business Spend Management category and is well-positioned to capitalize on this large and expanding global market," said Holden Spaht, a Managing Partner at Thoma Bravo.
  • "We've followed Coupa with high admiration for many years and are excited to close this transaction and partner with such an incredible software franchise," said Brian Jaffee, a Partner at Thoma Bravo.

AeroFarms 2nd Annual AgTech Innovation Summit brings together world leaders in Abu Dhabi to discuss the future of food and agriculture

Retrieved on: 
Friday, February 17, 2023
Signing ceremony, Rosewood Hotels & Resorts, Water, Climate change, Abu Dhabi Investment Office, International Center for Biosaline Agriculture, New York University Abu Dhabi, Memorandum, Plant, Entrepreneurship, Microsoft, Northwest Commission on Colleges and Universities, Ecosystem, Research, Food, NYUAD, AeroFarms, Summit, Food security, National Institute of Food and Agriculture, Partnership, CNN, NYU, ICBA, University, Amusement park, Renewable energy, Agriculture, Anchor

The Summit has been supported through AeroFarms’ ongoing collaboration with the Abu Dhabi Investment Office (ADIO).

Key Points: 
  • The Summit has been supported through AeroFarms’ ongoing collaboration with the Abu Dhabi Investment Office (ADIO).
  • Panels were moderated by Becky Anderson, Managing Editor, CNN Abu Dhabi and Anchor, and Kelsey Warner, Future Editor of The National UAE.
  • “We are extremely excited to host our 2nd Annual AeroFarms AgTech Innovation Summit to bring together the foremost minds on solving some of the biggest challenges of our time,” said Roger Buelow, Chief Technology Officer of AeroFarms.
  • Losada said, "NYU Abu Dhabi is delighted to be partnering with AeroFarms on this important research initiative.

AeroFarms AgX, Grand Opening in Abu Dhabi, UAE: Debut of The World's Largest R&D Indoor Vertical Farm

Retrieved on: 
Wednesday, February 15, 2023
Signing ceremony, Automation, Environment, Farmer, Rosewood Hotels & Resorts, ADQ, Climate change, Abu Dhabi Investment Office, Organizational founder, Golden Joystick Awards, University, Research and development, Agricultural technology, Entrepreneurship, Panel, Ecosystem, Research, Northwest Commission on Colleges and Universities, Genetics, AeroFarms, Summit, Horticulture, National Institute of Food and Agriculture, Heart, Growth, Partnership, Machine learning, Phytochemical Analysis, Robotics, FFAR, CEA, PIP, R, Amusement park, Agriculture, Food

At 65,000 square feet, AeroFarms AgX is the largest indoor vertical farm of its kind for research and development in the world.

Key Points: 
  • At 65,000 square feet, AeroFarms AgX is the largest indoor vertical farm of its kind for research and development in the world.
  • AeroFarms®, a Certified B Corporation and world leader in indoor vertical farming, officially unveiled AeroFarms AgX, its newest cutting-edge indoor vertical farm, focused on bringing innovative Research and Development (R&D) to the UAE and the Middle East.
  • AeroFarms AgX is advancing sustainable controlled environment agriculture (CEA) and indoor vertical farming to help address broader global agriculture supply chain challenge.
  • The world's premier, state-of-the art R&D indoor vertical farm is focused on the latest developments for indoor vertical farming, innovation, and AgTech.

Hunt Scanlon Ventures Names Cody Crook to Lead Firm's Expanding M&A Business

Retrieved on: 
Tuesday, January 31, 2023
News, Growth, Heart, Abu Dhabi Investment Office, M&A, Dartmouth College, Research, Cryptocurrency, Security (finance)

Mr. Crook joins Hunt Scanlon from Hirewell where he held the position of Head of Strategy and Operations.

Key Points: 
  • Mr. Crook joins Hunt Scanlon from Hirewell where he held the position of Head of Strategy and Operations.
  • "We are delighted to have a professional of Cody's caliber on board," said Scott A. Scanlon, CEO and Co-Founder of Hunt Scanlon Ventures.
  • "The frenetic M&A activity Hunt Scanlon witnessed over the last three years is ramping up again," said Mr. Crook.
  • Mr. Crook said his top priority is to lean on Hunt Scanlon's vast Media business, which Mr. Scanlon co-founded with Christopher W. Hunt more than three decades ago.

SHAREHOLDER ALERT: Weiss Law Reminds CLXT, BRBW, MPB, and COUP Shareholders About Its Ongoing Investigations

Retrieved on: 
Friday, January 20, 2023
Abu Dhabi Investment Office, Abu Dhabi Investment Authority, MPB, OTC, Thoma Bravo, Acquisition, Multimedia, Law, Holding company, Transition

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Calyxt, Inc. (NASDAQ: CLXT), in connection with the proposed acquisition of CLXT by Cibus ("Cibus").

Key Points: 
  • Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Calyxt, Inc. (NASDAQ: CLXT), in connection with the proposed acquisition of CLXT by Cibus ("Cibus").
  • Under the terms of the merger agreement, CLXT will issue shares of its common stock to Cibus shareholders in an exchange ratio such that upon completion of the merger, CLXT shareholders will only own approximately 5% of the newly combined company while Cibus shareholders will own 95%.
  • Under the terms of the merger agreement, COUP shareholders will receive $81.00 in cash for each share of COUP common stock owned.
  • If you own COUP shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/coup
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Insilico Medicine Opens Largest AI-Powered Biotechnology Research Center in the Middle East

Retrieved on: 
Wednesday, February 1, 2023
IRENA, International Renewable Energy Agency, AI, Research, International Year of Sustainable Tourism for Development, Biotechnology, Ecosystem, Insilico Medicine, R, Longevity, Government, Abu Dhabi Investment Office, Abu Dhabi Investment Council, Ministry of Investment and International Cooperation, Artificial intelligence, Sustainability, Danto Engineering Development Center, Intelligence, Drug discovery, Clinical trial, Chemistry, Pharma, Ageing, Digital economy, Organization, HQ, Medical device, Management, Pharmaceutical industry, In silico

Abu Dhabi, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Insilico Medicine ("Insilico"), a clinical-stage artificial intelligence (AI)-driven drug discovery company, is announcing today the opening of the Insilico Medicine Generative Artificial Intelligence and Quantum Computing Research and Development Center in Abu Dhabi, the region’s largest AI-powered biotechnology research center.

Key Points: 
  • Abu Dhabi, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Insilico Medicine ("Insilico"), a clinical-stage artificial intelligence (AI)-driven drug discovery company, is announcing today the opening of the Insilico Medicine Generative Artificial Intelligence and Quantum Computing Research and Development Center in Abu Dhabi, the region’s largest AI-powered biotechnology research center.
  • Omar Al Olama, the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Alex Zhavoronkov, Ph.D., Founder and CEO of Insilico, and Alex Aliper, Ph.D., President of Insilico.
  • “We’re excited about this milestone for Insilico Medicine — particularly given it is taking place during the Year of Sustainability.
  • Now, we would like to extend our global infrastructure to the Middle East,” said Alex Zhavoronkov, Ph.D., founder and CEO of Insilico Medicine.