Browsing: Business

General Atlantic plans to open an office in Abu Dhabi by the end of 2024, relocating a dealmaker from London to lead the new team. The New York-based private equity firm, which manages $83B in assets, has obtained initial approval to operate from the Abu Dhabi Global Market (ADGM). Final approval is expected by year-end.

Abu Dhabi is aiming to enhance food security in the UAE by investing in quinoa farms across the nation. In partnership with Abu Dhabi’s investment and holding company ADQ, Silal and the International Centre for Biosaline Agriculture (ICBA) have launched the UAE’s first commercial quinoa trials.

The Dubai Department of Economy and Tourism (DET) has partnered with Amazon UAE to launch the DET x Amazon Accelerator, aimed at supporting the growth of small and medium-sized enterprises (SMEs) in Dubai and enhancing their global competitiveness.