Abu Dhabi

In a joint statement, Abu Dhabi sovereign wealth fund Mubadala Investment Company and Abu Dhabi Catalyst Partners announced they had invested a combined $150 million in messaging app Telegram.
"Our investment in Telegram establishes a strategic partnership for us to further strengthen Abu Dhabi's technology ecosystem as well as bring new levels of tech skills and talent to the capital," Mubadala said in the statement.
Launched in 2013 by brothers Pavel and Nikolai Durov as a secure messaging app, Telegram has its headquarters in the UAE.

Max Verstappen won his second race of the season with the Red Bull team, while Bottas and Hamilton completed the podium lineup. With the last race of 2020, McLaren-Renault reached third position in the constructors championship, behind Mercedes and Red Bull Honda.

Red Bull's Max Verstappen secured the pole position for the Abu Dhabi Grand Prix, the first pole for the team this season.
Valtteri Bottas followed Verstappen with Lewis Hamilton third. McLaren's Lando Norris is fourth ahead of Red Bull's Alex Albon.

Investor Rain Makers Capital Investment and farming technology company GrowGroup IFS are cooperating with the government of Abu Dhabi in order to build the world's largest indoor farm for "spinach, rocket, herbs and kale".
The project costs €150 million and is expected to produce 10,000 tonnes of fresh vegetables per year at 5% of the water costs that would normally be needed for conventional growth in Abu Dhabi.