Home next UAE next Abu Dhabi

Abu Dhabi

Aldar Sells 281 Land Plots In Abu Dhabi’s Khalifa City

The company generated around Dhs600 million in revenues from the sale of land plots.

Abu Dhabi Airport Passenger Traffic Up 21.5% In February

The airport saw nearly 1.7 million visitors in the month of February, authorities said.

Etihad, Universal Unveil Fast & Furious Branded Boeing 777 Airplane

The luxury aircraft will be used to promote the upcoming action flick, ahead of its launch in April.

Abu Dhabi’s Mubadala Petroleum To Explore Big Morocco Offshore Area

The company has an exclusive licence to carry out a geological survey of the Mediterranee Ouestarea, which comprises 3,433 sqkm.

Etihad Received Loans And Equity Investment From Shareholder – CEO

Hogan said few young companies have operated as transparently as Etihad, which is little more than a decade old.

Abu Dhabi Carrier Etihad Partners With Facebook

The partnership will enable the airline to tailor its services and marketing to specific travellers.

NBAD To Add Export Financing To Its Egypt Operations – CEO

The lender plans to target affluent and high net worth individuals in Egypt.

Abu Dhabi Police Nabs Armed Abaya Clad Robbery Suspect

The fully veiled suspect allegedly threatened employees of an Abu Dhabi money exchange with a fake plastic gun.

ADNOC Sells Naphtha From Expanded Ruwais Refinery Below Market Price

This was ADNOC’s first naphtha spot sale after the expansion of its Ruwais refinery, where capacity has been more than doubled.

Mubadala GE Capital Plans Benchmark-Size Bond In April- Sources

The bond will be Mubadala GE Capital’s first since it completed a debut transaction in November worth $500 million.

Abu Dhabi Halts Sale Of Commercial Drones

The move aims to reduce the improper use of drones in the country until adequate regulations are in place.

Etihad Gears Up For Washington And Mumbai B787 Flights

Fuel-efficient aircraft targets US-India travel growth

UAE-Based YahClick Inks Deal With South Africa’s SKA Project

The deal will see YahClick provide data services to the SKA project, an international initiative to build the world’s largest radio telescope.

First Tryp Hotel In UAE Opens

Wyndham’s brand enters the underserved select-service mid-market

Solar Impulse 2 Begins Round-The-World Flight From Abu Dhabi

The zero-fuel airplane is flying from the UAE capital to Oman in the first leg of its journey.

Etihad To Launch Daily Flights To Tehran From April

The carrier currently operates three flights a week between Abu Dhabi and the Iranian capital.

Falcon Private Bank Eyes Acquisitions As Industry Consolidates

Abu Dhabi-owned Falcon said that it will be open to deals in core markets such as the Gulf, Eastern Europe, Africa and South East Asia.

Etihad To Start Daily A380 Service To New York From December 1

The Abu Dhabi carrier currently flies the jumbo jet to London, and will soon begin A380 services to Sydney.

Abu Dhabi To Shut Two LNG Trains For Maintenance From March 15

The two 1970’s-built trains have a combined capacity of 2.1 to 3 million tonnes per annum.

Abu Dhabi, Japanese Firms In $300m Steel Pipe Venture

The facility, at Abu Dhabi’s Khalifa industrial zone, will produce 240,000 tonnes of sour grade steel pipes.

UAE’s ADNOC Raises February Crude Prices

ADNOC said on Wednesday it raised benchmark Murban crude prices to $56.55 per barrel, up $10.15 from the previous month.

UAE Bank ADCB Tightens Pricing For Bond

The lender has earmarked to price its bond issue at 97.5 basis points over midswaps, a document showed.

Abu Dhabi Reports 48% Rise In Cruise Tourists

The emirate’s 2014/2015 cruise season has 94 confirmed vessel calls, up from 75 in the previous season.

UAE Lender NBAD Has No Capital-Boosting Bond Plans – CEO

A number of Gulf-based banks have issued, or are planning to issue, Tier 1 bonds or sukuk, including Dubai Islamic Bank and Doha Bank.

Abu Dhabi’s NBAD Says Not Interested In Citi’s Egypt Assets

The bank’s CEO said that the lender is targeting organic growth in the country and globally.

Big Abu Dhabi Industrial Group Senaat Considers IPO For Unit

State-owned Senaat confirmed that it has shelved plans to go public.

Abu Dhabi’s Gulf Capital Sees 4-6 Acquisitions This Year

The official also said that the company did not have any plans for an IPO.

Abu Dhabi To Slap Dhs2000 Fine On Illegal Use Of Balcony Satellite Dishes

The emirate has an existing law that prohibits more than four satellite dishes on rooftops or any on balconies, walls or garden fences.

UAE’s First Gulf Bank Sees 9-11% Loan Growth In 2015

FGB, the third-largest lender in the UAE by assets, reported a 13 per cent rise in Q4 net profit in January.

Ten Workers Killed In Abu Dhabi Building Fire

The blaze gutted the two-storey building, which contained seven shops on the ground floor.