All posts by uaenews247

Business & Investments

ADQ closes USD 5 billion financing deal with Asian financial institutions

·       ADQ closed a USD 5 billion syndicated term financing deal, achieving an oversubscription of over 3 times

  • ADQ’s debut financing in the Greater China region secured banking relations with over 30 leading financial institutions in China, Hong Kong, Macau and Taiwan
  • The five-year term financing will diversify ADQ’s funding mix, supporting its medium-term investment strategy and reinforcing its robust liquidity profile

Abu Dhabi, UAE – 24 December 2025: ADQ, an active sovereign investor focused on critical infrastructure and global supply chains, today announced the successful closing of its debut five-year, USD 5 billion syndicated term financing deal in the Greater China region.  Due to strong demand from financial institutions in China, the deal was oversubscribed by approximately USD 12 billion—three times the original launch size of USD 4 billion. Subsequently, ADQ increased the size of the transaction to USD 5 billion.

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Technologies

Six AI Revelations to Expect at Machines Can Think 2026

AI is already driving measurable impact across various sectors, from energy to public services. As an early AI adopter in the region, the UAE’s next growth phase will be shaped by responsible, strategic deployment. With global AI spending projected to reach $2 trillion in 2026 and AI expected to contribute $100 billion to the UAE’s GDP by 2030, the focus has shifted toward execution.

Against this backdrop, the upcoming Machines Can Think summit offers insight into the ideas shaping the AI landscape. According to Alexander Khanin, Founder of Machines Can See and Polynome, six core themes will define how organisations move from ambition to impact:

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Real Estate

Lals Group’s Pure Bliss Development announces topping out of Bliss Tower at Dubai Land Residence Complex

With this major construction milestone, the project moves toward its scheduled completion soon, as 90 per cent of the units have been sold.

Dubai, UAE – December 22,2025: Pure Bliss Development, owned by Lals Group, one of the region’s most prominent retail conglomerates, has announced the topping out of Bliss Tower, its flagship residential project in the Dubai Land Residence Complex (DLRC), signifying completion of the major building structure.

Mr. Lal Ganwani, Chairman of Lals Group,and Mr. Jayant Ganwani, Vice Chairman of Lals Group, announced the milestone at a ceremony marking the project’s progression into the next phase of development.

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Featured

Hotpack employees lead mangrove planting initiativeat Al Zora Reserve in Ajman      

at Al Zora Reserve in Ajman      

Dubai, UAE – December24,2025: Hotpack, the UAE-based global leader in sustainable packaging solutions, reaffirmed its commitment to environmental stewardship through a hands-on mangrove planting initiative at Al Zora Mangrove Reserve in Ajman, reflecting the company’s ongoing mission to give back to society while protecting natural resources and advancing its long-term sustainability agenda.

In collaboration with Companies for Good, a Dubai-based social enterprise that enables impactful Corporate Social Responsibility (CSR) programmes, Hotpack organised the environmental activity under Hotpack Happiness employee engagement programme aimed to fostera positive and inclusive workplace culture. Bringing together Hotpack employees from across the UAE, the activity showcased how the company’s commitment to employee wellbeing and corporate responsibility can come together to lead meaningful ecological impact causes.

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Automibiles & Motoring

Al Habtoor Motors propels JAC to new heights in the UAE with launch of three next-generation models

The JS6 PRO SUV, T8 Pro Petrol Pickup, and RF8 Luxury MPV debut as part of a strategic portfolio expansion, merging heritage craftsmanship with next-generation intelligent mobility.

Dubai, UAE – Al Habtoor Motors, the exclusive distributor of JAC Motors in the UAE, officially expanded its portfolio today with the unveiling of three new vehicles at an exclusive launch event at the Hilton Habtoor City’s Al Joud Ballroom. This debut of the JS6 PRO SUV, T8 Pro Petrol Pickup, and RF8 Luxury MPV marks a significant milestone in JAC’s decade-long growth in the UAE since 2014. It represents the brand’s strategic evolution from its 1967 manufacturing roots into a forward-looking, technology-driven mobility leader tailored for the modern UAE market.

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