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“The integration of ESG standards and values into business and investment decisions helps to improve company performance, reduce risk and drive growth,” Tariq Bin Hendi, director general of ADIO, said. “By formally integrating ESG principles into ADIO’s decision[s] and investment process, we aim to further support the development of Abu Dhabi’s private sector.” The Covid-19 pandemic has served as a wake-up call to many stakeholders about the importance of environmental, social and governance factors. In Europe last year, 505 new ESG funds were launched, more than double the 250 th...

“We are committed to providing support for technology companies, recognising that progress in this area unlocks opportunities across other sectors by bringing the fundamental capabilities and infrastructure that all industries will benefit from. We welcome big thinkers aligned with Abu Dhabi’s vision to advance innovation.” Dubai investment banking firm Shuaa Capital invested an undisclosed amount as part of a new funding round in Anghami earlier this month. The music streaming app, which started with an investment of $200,000 from its two founders in 2012, has raised more than $40 mill...

Anghami to set up global headquarters in Abu Dhabi’s fast-growing innovation hub Dr Tariq bin Hendi, director-general of Adio. — Supplied photo Supplied photo Partnership formed as part of Adio’s new Dh2 billion Innovation Programme, a Ghadan 21 initiative. The Abu Dhabi Investment Office (Adio) is partnering with the leading music streaming service in the Middle East and Africa (Mena), Anghami, to establish the technology pioneer’s global headquarters and research and development centre in Abu Dhabi. Dr Tariq bin Hendi, director-general of Adio said: “Abu Dhabi is rapidly emergin...

Anghami establishing global HQ and R&D centre at Abu Dhabi’s Hub71 ABU DHABI, 26th January, 2021 (WAM) -- The Abu Dhabi Investment Office (ADIO) is partnering with the leading music streaming service in the Middle East and Africa (MENA), Anghami, to establish the technology pioneer’s global headquarters and research and development (R&D) centre in Abu Dhabi. The partnership is part of the ADIO’s recently announced Innovation Programme valued at AED2 billion (US$545 million), which is an initiative of the Abu Dhabi government’s Ghadan 21 accelerator programme. Anghami was established i...

Anghami to set up HQ, R&D centre at Abu Dhabi’s Hub71 ABU DHABI, January 26, 2021 The Abu Dhabi Investment Office (ADIO) is partnering with the leading music streaming service in the Middle East and Africa (Mena), Anghami, to establish the technology pioneer’s global headquarters and research and development (R&D) centre in Abu Dhabi.   The partnership is part of the ADIO’s recently announced Innovation Programme valued at AED2 billion ($545 million), which is an initiative of the Abu Dhabi government’s Ghadan 21 accelerator programme, said a Wam news agency report.   Anghami w...