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Abu Dhabi

Iraq Ends Recovery In Dubai, Arabtec Shares

Dubai’s index drops 2.3 per cent while Abu Dhabi’s benchmark slides 1.4 per cent.

Abu Dhabi’s Al Jaber Group Signs Debt Restructuring

No figure for the amount of debt renegotiated was given in the statement, but bankers had previously said it was in the region of $4.5 billion.

Alitalia Board Votes To Accept Etihad Offer, Rapidly Do Deal – CEO

Abu Dhabi-based Etihad is prepared to invest up to $1.70 billion over the next four years.

Five Minutes With… Richard Weilers, Chief Operating Officer, Tsogo Sun Hotels

Weilers reveals why the South African hotel operator opened its first Middle Eastern property in Abu Dhabi.

Etihad Flights To Have Live World Cup Streaming On Long Haul Routes

All 64 games will be transmitted live by IMG Media using Etihad’s inflight entertainment system, E-box.

Exclusive: Abu Dhabi’s Etihad Plans To Buy 49% Stake In Alitalia – CEO

Etihad is looking to invest up to $1.7 billion in Alitalia over the next four years.

Abu Dhabi Ports Awards Dhs20m Contract For Phase 2 Of Marfa Port

Construction firm Alba Tec won the contract and will build landside infrastructure and new marina facilities at the port.

Alitalia Needs A Few Weeks To Close Etihad Deal – CEO

Gabriele del Torchio said Etihad was proposing to invest up to 560 million euros in Alitalia.

Up to 75% Of Tickets For Abu Dhabi’s Grand Prix Are “Spoken For”

The event, which takes place from November 20-23 this year, offers 60,000 tickets in total this year.

Etihad Withdraws From Skytrax, Airline Ratings Firm Says Carrier Can’t Opt-out From Awards

The airline said it made the decision after reviewing the criteria and measurement of the Skytrax Airline Rating System.

Abu Dhabi International Passenger Traffic Up 22.5% in April

Passenger traffic at the Abu Dhabi International Airport surpassed 1.6 million in April.

Alitalia CEO Says Job Cuts From Etihad Tie-Up To Number 2,200

Alitalia and Etihad have been in talks since December, but a deal has so far proved elusive.

Alitalia Gives Initial Nod To Etihad Plan, To Continue Talks

Alitalia’s board on Friday “expressed appreciation” for Etihad’s proposals, which government sources say include plans to make the Italian carrier profitable by 2017.

Abu Dhabi Economy Grows 5.2% In 2013, Slower Than Expected

The contribution of the hydrocarbon sector edged down to 51.4 per cent in 2013 from 52.4 per cent in 2012.

Abu Dhabi’s TDIC Secures Financing To Repay $2bn Bonds In 2014

TDIC is building iconic museums such as the Louvre and Guggenheim in Abu Dhabi.

Abu Dhabi’s TDIC Narrows 2013 Loss On Higher Revenues

The company made a net loss of Dhs1.13 billion ($307.7 million) in 2013 compared to a loss of Dhs2.15 billion in the prior year.

Etihad Launches Daily Zurich Flights

Daily services on A330-300 aircraft will be supported by Etihad Regional’s traffic growth

Etihad Expands Codeshare Agreement With India’s Jet Airways

The Abu Dhabi carrier has placed its ‘EY’ code on Jet Airways’ domestic services for the first time, as part of the deal.

Etihad Airways Takes Steps Toward Alitalia Investment

Both airlines will proceed with final documentation to complete the transaction once the board and stakeholders in Alitalia confirm acceptance of the terms.

Aldar Launches Units For Rent At The Arc, On Abu Dhabi’s Reem Island

Leasing of the properties, which are located on Reem Island, will begin this week.

Etihad Starts Los Angeles Flights

Today’s inaugural flight marks Etihad’s fourth US destination and one of the longest flights globally

Air Serbia Passengers Rise On Etihad’s Connectivity

Revenues rise 47 per cent on back of Etihad Airways’ global connectivity, growing codeshare partners and introduction of three Airbus aircraft

Drake & Scull Wins Dhs110m Contract For Abu Dhabi’s Plaza View

The Dubai-based contractor will provide MEP services for the Plaza View project, a mixed-use development.

UAE Etisalat Picks Banks Ahead Of Potential Bond Issue – Statement

A separate document from lead arrangers showed Etisalat chose Deutsche Bank, Goldman Sachs, HSBC and Royal Bank of Scotland to arrange the offering.

Kuwait’s NREC Appoints RTKL As Designer For Abu Dhabi’s Stalled Reem Mall

The $1 billion mall will consist of 450 stores and 85 restaurants.

Etihad Launches Freighter Operations To Uganda’s Entebbe

The service is expected to carry large quantities of electronics and textiles to the Ugandan city.

Etihad Contests Australian Report, Says It Gets Loans, Not Subsidies

Abu Dhabi-based carrier responds to claims made in Australian paper.

Documents Reveal Etihad Received Royal Funding – Australian Daily

The loan for the state carrier required no repayments until 2027, reported the Australian Financial Review.

Abu Dhabi Approves 13 Development Projects In Q1 2014

Residential space accounted for 70 per cent of the total area of approved projects.

Abu Dhabi Confirmed As First Location for Star Wars: Episode VII

The seventh installment of the popular movie series is due to premiere in December 2015.