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Abu Dhabi Grants Licenses For Solar Power Generation

Abu Dhabi Judiciary and Al Ain Zoo are among the institutions granted licenses to generate electricity through solar power.

Etihad Launches Its First Boeing 787-9 Dreamliner Aircraft

The Abu Dhabi carrier’s first Boeing 787-9 Dreamliner will be delivered in December this year, the company said.

Etihad Launches First A380 And New Corporate Look

New-look UAE National Airline unveils the first of 10 A380s which aims to fly from December

Mubadala GE Capital Considers Bond Issue

The company is casting its eye over potential arrangers of the bond, though no banks have been mandated yet for the trade, sources say.

Etihad Inks $14m Deal For Crew Training Equipment

As per the deal, Spatial Composite Solutions will provide Etihad with 14 cabin crew-training devices and will also refurbish the existing training equipment.

Masdar Buys 35% Stake In British Offshore Wind Farm Project

Masdar bought the stake in a $2.5 billion 402 MW offshore wind project from Norway’s Statoil.

Abu Dhabi Bourse In Talks Over Four Potential IPOs, Two This Year

New flotations on the bourse had been held back by low investor confidence after the index slumped in the wake of the global financial crisis and a local real estate crash.

Etihad Launches Massive Recruitment Drive For Cabin Crew gulf business

Recruiting will take place in 12 cities across five countries including Italy, Germany, Japan, Morocco and Tunisia.

Etihad Airways To Raise $2bn In 2014 To Fund Stake Buys, Aircraft

The funds would be raised through loans, the airline’s chief financial officer confirmed.

Abu Dhabi’s Mubadala Posts 23% Profit Rise On Higher JV Income

Income from Mubadala’s joint venture businesses doubled to Dhs2.12 billion, thanks to Emirates Global Aluminium and Dolphin Energy.

Abu Dhabi’s Waha Capital To Buy Back Up To 10% Of Stock

Waha said the programme, approved by its board on Wednesday, would allow it to repurchase up to 194 million shares.

ENEC Says UAE’s First Nuclear Reactor Is 57% Complete

The first nuclear reactor is scheduled to enter commercial operations by 2017, the UAE’s nuclear agency said.

Etihad CEO Says Model Of Global Airline Alliances Is ‘Fractured’

The Gulf carrier plans to instead invest in equity stakes and codeshare deals to grow, said James Hogan.

Abu Dhabi’s TDIC Launches Mega Residential Project In Saadiyat Island

The development will feature nine low-rise residential buildings including apartments and townhouses positioned in five clusters that are 250 metres long each.

UAE’s ENEC Gets License To Build Two Nuclear Reactors

ENEC is expected to apply for a separate operating license before it can operate the reactors as the current approval only covers the construction of the units.

Abu Dhabi To Host 462 Tour Operators, Media In Sept To Boost Tourism

The familiarisation trip includes delegates from nine countries in the Americas, Europe, Middle East and Russia.

Abu Dhabi’s TAQA Says CFO Kersley Resigns

Stephen Kersley has resigned and Ryan Wong will take over as acting head of finance effective October 1, the company said.

Abu Dhabi Commercial Bank Picks 4 Banks For 5-Year Bond

The U.S. dollar bond will be issued through a special purpose vehicle incorporated in the Cayman Islands.

Etihad Doubles Services To Karachi

The new service will add 1,904 new seats per week on the Abu Dhabi-Karachi route and improve weekly connectivity to other markets.

Etihad Opens Abu Dhabi Arrivals Lounge

New facility allows premium passengers on early morning arrivals to freshen up before checking into their hotels

Abu Dhabi Fund ADIA Names Tipple As Head Of External Equities

Prior to joining ADIA, Brian Tipple held the position of chief investment officer at U.S.-based Key Private Bank.

Abu Dhabi’s Waha Capital In $575m Hedging Deal On Half Of AerCap Stake

Waha Capital will use the money from the deal to repay debt and fund new investments, the company said in a statement.

Alitalia, Etihad Deal Likely To Be Cleared By End Of Year

Etihad clinched a deal last month to buy 49 per cent of lossmaking Alitalia for 1.76 billion euros.

Siemens Hands Over Shuweihat S3 Power Plant In Abu Dhabi

The Shuweihat S3 power plant has an installed electrical capacity of 1,600 megawatts, and will be operated by Shuweihat Asia O&M Company (SAOM).

ADIB Completes Sale Of Barclays’ UAE Retail Banking Business

Following the transition, ADIB will serve over 700,000 customers across a network of 85 branches, 660 ATMs, internet and mobile platforms.

Abu Dhabi’s Aldar Sells Residential Tower To MAG F5 Holdings

The tower, located in Marina Square on Reem Island, comprises 202 units that are ready for handover.

Abu Dhabi’s Hotel Guests Up 26% In July

Occupancy rates across Abu Dhabi hotels also rose three per cent year-on-year in July while revenues grew by 14 per cent, official figures show.

Aldar Readies To Open Abu Dhabi’s Largest Geant Store In Yas Mall

Yas Mall, set to open in November, is slated to become the emirate’s first ‘super-regional’ mall.

Abu Dhabi’s Watania Says Regulator Approves 60.53% Stake Sale

MB UAE Investments will acquire 51 per cent and Al Madina Insurance Co will get 9.53 per cent of Islamic insurer National Takaful Co (Watania).

Abu Dhabi Woos Chinese Travellers

The emirate is holding a Chinese Visitor Summit to boost tourist numbers and guest nights.