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NEWSLETTER - FEBRUARY & MARCH 2024
Welcome to the February & March 2024 edition of the AmCham Abu Dhabi newsletter!

Explore the latest additions to our community, delve into significant updates from AmCham Abu Dhabi Members, and stay informed about developments in U.S. - U.A.E. relations, as well as upcoming and supported events.

Thank you for your continued support. Wishing you a Ramadan Kareem 🌙🕌
 
SPOTLIGHT
Partnership Summit: Elevating Business Collaboration in Abu Dhabi
Wednesday, February 21, 2024
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We sincerely appreciate your collective efforts in making the Partnership Summit: Elevating Business Collaboration in Abu Dhabi a success. Your active participation and valuable contributions fostered an environment of collaboration and insight.
 
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MEMBER FEATURE
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On February 16, 2024, a non-addictive clinical-stage painkiller discovered using biotechnology owned by AmCham Abu Dhabi’s own Secondcell Bio was the subject of an IPO on NYSE.

“I personally invented the underlying discovery technology Goose that lays Golden Eggs as a Graduate Fellow at The Rockefeller University. Entirely privately pioneered and validated across multiple fields of and business sectors, next up I’m exporting the Goose to build a whole IP Hatchery as part of a knowledge-based JV in the UAE’s Falcon Economy, Inshallah!”, says CEO Dr. Kambiz Shekdar, PhD.
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RAMADAN OFFERS
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WELCOMING NEW MEMBERS
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FEBRUARY 2024
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MARCH 2024
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MEMBER NEWS
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Etihad Airways Receives 1.4 Million Passengers in February 2024
UAE’s flag carrier Etihad Airways welcomed more than 1.4 million passengers onboard last month and saw its load factor average 89 per cent across the month, the airline revealed in its February traffic statistics.
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Abu Dhabi’s Mubadala and ADIA Announce New Investments
Mubadala to become an anchor investor in Blue Opal Capital’s second VC fund; ADIA increases its funding in London hedge firm Cheyne Capital.
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Oracle Adds Generative AI Features to Finance
Oracle said it is adding generative artificial intelligence features across its corporate software lineup, intensifying competition with Microsoft and other technology firms to sell the technology to businesses customers.
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Tech Giant Cisco Completes Landmark Acquisition of Splunk
Networking giant Cisco Systems has completed its acquisition of software company Splunk in a deal valued at approximately $28bn.
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Cleveland Clinic Abu Dhabi Named Among World's Top Hospitals
The Abu Dhabi hospital jumped 29 places from last year's ranking in the latest Brand Finance Global Top 250 Hospitals report on academic medical centres.
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Boeing 
Inside the latest IQ, meet engineers who are transforming their knowledge from outside pursuits into new ideas for 3D modeling, autonomy and more.
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Fragomen Monthly Immigration Newsletter - February & March, 2024
Read February 2024
Read March 2024
 
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Destination Saudi 2024
In this 2024 Destination Saudi Report, Knight Frank highlights seven distinctive opportunities to examine, that will help to reveal the depth of implicit demand for residential real estate investments and purchases from groups that have historically been unable to access the Kingdom’s real estate markets. 
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U.S. - U.A.E. NEWS
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UAE Secures Top Spot in Region, Rises to 7th Globally in Gender Inequality Index 2024
The UAE has climbed to seventh place globally in the Gender Inequality Index 2024, significantly improving from its 11th position in 2022. Within the region, the Gulf state has secured the top spot in the index.
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UAE Revenues at Dh155.9b, With Expenditures at Dh131.3b in Q4
The UAE Ministry of Finance published the preliminary results of the UAE Government Finance Statistics Report for the fourth quarter of 2023, unveiling that the government’s revenues amounted to AED155.9 billion, and its expenditures totalled AED131.3 billion.
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Department of Culture and Tourism – Abu Dhabi Partners With Mohammed Bin Rashid Space Centre to Support Development of UAE’s Space Sector
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi)has signed an agreement with the Mohammed Bin Rashid Space Centre (MBRSC) to foster the development of the UAE's space exploration capabilities through collaborative efforts in education, awareness programs and knowledge exchange.
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UAE Approves Dh6.4Bn Budget to Boost Emiratisation This Year
A new target has also been set for the country's Nafis programme, which launched in 2021, to ensure 36,000 citizens join the private sector workforce in 2024, the state news agency Wam reported on Monday.
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AMCHAM ABU DHABI UPCOMING EVENTS & SAVE THE DATE
Joint Iftar - AmCham Abu Dhabi and British Chamber of Commerce Abu Dhabi
Joint Iftar - AmCham Abu Dhabi and Briti...

date

Mar 27, 2024
(6:30 PM - 9:00 PM) (GMT+4)

location

Dirwandi Restaurant
Abu Dhabi, United Arab Emirates
WFES 2024 Joint Kick-Off Breakfast
WFES 2024 Joint Kick-Off Breakfast
presented by AmCham Abu Dhabi, British Chamber of Commerce Abu Dhabi and ...

date

Apr 16, 2024
(7:30 AM - 9:30 AM) (GMT+4)

location

Holiday Inn
Abu Dhabi, United Arab Emirates
AmCham MENA Conference 2024
AmCham MENA Conference 2024

date

Apr 17 - 19, 2024 (GMT+4)

location

The Westin Dubai Mina Seyahi Beach Resort & Marina Al Sufouh Rd دبي, United Arab Emirates
Dubai, United Arab Emirates
Road to Decarbonization: The Journey Continues
Road to Decarbonization: The Journey Con...

date

May 6, 2024
(6:00 PM - 8:00 PM) (GMT+4)

location

NYUAD Institute
Abu Dhabi, United Arab Emirates
AIM Congress Kick-Off Breakfast 2024
AIM Congress Kick-Off Breakfast 2024

date

May 7, 2024
(7:00 AM - 9:00 AM) (GMT+4)

location

TBC
TBC, United Arab Emirates
ISNR 2024 Joint Kick-Off Breakfast
ISNR 2024 Joint Kick-Off Breakfast

date

May 21, 2024
(7:00 AM - 9:00 AM) (GMT+4)

location

Aloft Abu Dhabi
Abu Dhabi, United Arab Emirates
AmCham Abu Dhabi Meet the Candidates 2024
AmCham Abu Dhabi Meet the Candidates 202...

date

May 23, 2024
(6:30 PM - 8:30 PM) (GMT+4)

location

TBC
TBC, United Arab Emirates
AmCham Abu Dhabi Annual General Meeting
AmCham Abu Dhabi Annual General Meeting

date

Jun 6, 2024
(6:30 PM - 8:30 PM) (GMT+4)

location

TBC
TBC, United Arab Emirates
Joint Canada – USA National Day Celebration 2024
Joint Canada – USA National Day Celebrat...

date

Jun 6, 2024
(7:00 PM - 9:00 PM) (GMT+4)

location

TBC
TBC, United Arab Emirates
2024 US Presidential Election Breakfast
2024 US Presidential Election Breakfast

date

Nov 6, 2024
(7:00 AM - 9:00 AM) (GMT+4)

location

TBC
TBC, United Arab Emirates
AmCham Abu Dhabi ADIPEC Kick-Off Dinner 2024
AmCham Abu Dhabi ADIPEC Kick-Off Dinner ...

date

Nov 10, 2024
(7:00 PM - 9:00 PM) (GMT+4)

location

TBC
TBC, United Arab Emirates
 
SUPPORTED EVENT
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Annual Investment Meeting
The 13th Annual Investment Meeting
7 - 9 May, 2024
Register Now
 
AMCHAM ABU DHABI COMMITTEES
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Have you come across any Committees that sparked your interest? Each of our Committees plays a unique and vital role in our organization, so you can find one that aligns with your interests.

Joining a Committee is an excellent way to get involved and connect with your fellow AmCham members.

Don't wait, take action now!
Email us at: 
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Call for Submissions:
Do you have something you would like to share with AmCham Abu Dhabi members?Got a story or expertise to share? 📝 
Submit your articles to and shine in front of our engaged audience!
 
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