The project, which forms part of the Abu Dhabi Road Lighting Programme, includes the finance, supply, installation, operation and maintenance of , LED energy-efficient luminaires in the Emirate of Abu Dhabi. It will result in significant electricity savings of almost 2, million kWh, equivalent to a reduction of approximately 76 percent in power consumption, over the year concession period.
Pre-qualified bidders will be invited to participate in the next stage of the procurement process and submit detailed proposals in response to a Request for Proposal RfP. ADIO is the central Abu Dhabi government hub managing the facilitation, development and procurement of all infrastructure projects delivered through a PPP framework in Abu Dhabi, in line with its mandate to support private sector investment in the emirate.
It facilitates projects related to its expertise in cooperation with strategic partners to ensure integration and knowledge exchange. A partnership between the Abu Dhabi Investment Office ADIO and Pure Salmon will see the company receive financial and non-financial incentives to expand local food sustainability efforts with its proven salmon farming technology.
ADIO is casting a wide net in its support for aquaculture and promoting innovation that addresses global food security challenges. ADIO is committed to supporting businesses aligned with our mission of advancing regional and global innovation.
In alignment with government commitment, EAD launched the sustainable aquaculture policy of Abu Dhabi Emirate in in collaboration with relevant federal and local entities. We are excited to welcome Pure Salmon to Abu Dhabi and look forward to celebrating its sustainable impact on the aquaculture ecosystem.
Pure Salmon is a portfolio company of private equity funds managed by 8F Asset Management. In addition, Pure Salmon will establish academic collaborations based on the proprietary Pure Salmon Academy knowledge base to share its aquaculture know-how and capabilities within the Abu Dhabi ecosystem. News The power of sustainable business governance in Abu Dhabi Even though it was officially introduced to global business dictionaries in a United Nations report, the history of environmental social governance ESG dates back to the 18th century, picking up pace in the United States in the s.
Today, Abu Dhabi is one of the first cities in the world to incorporate ESG requirements in its governance and business models. This comes with a deep understanding that integrating ESG considerations helps companies in the emirate identify a broader range of opportunities and risks, drives performance gains and increases competitiveness both locally and globally. From its early days, Abu Dhabi has built its outlook on progression through sustainability, care for nature, future-oriented innovation and deep respect for humanity.
The Abu Dhabi government has incorporated long-term impact into its strategic vision, forging a futuristic business ecosystem and an environmentally conscious society. President Donald Trump, who cast Iran as a villain and tore up a deal aimed at stopping it from developing nuclear weapons. But military adventurism that saw the UAE wade into conflicts from Yemen to Libya and join an Arab boycott of Qatar brought little gain and caused strains with Western allies.
Abu Dhabi forged ties to Israel in while engaging with Iran to manage tensions and moving to mend fences with Turkey and Qatar after years of animosity over Islamism. It has invested in UAE ally Egypt, and other Arab states such as Syria — still under tough Western sanctions — and Iraq are on its investment radar, two of the sources said.
It has also signed deals with Israel. ADQ insists its mandate is purely commercial, according to people close to the company, although its chairman Sheikh Tahnoon bin Zayed al-Nahyan, who is UAE national security adviser, has been a foreign policy troubleshooter for his half-brother MbZ as well as being a prominent businessman. It consolidated and privatised some of those assets, using local equity listings to build domestic champions, and then began its push into companies outside the UAE, often choosing markets battered by high inflation or currency devaluations.
Like other wealthy Gulf states, the UAE now prefers to invest rather than extend direct financial aid to allies, to avoid corruption and inefficiency and reap benefits of its own.
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