Douglas was formerly CEO of Abu Dhabi Ports Company (ADPC) and replaces James Bennet.
Khalifa Industrial Zone Abu Dhabi has signed deals with 50 local and international companies, says CEO.
The lender expects to obtain a credit rating in the coming two or three months.
Starwood confirms discussions are ongoing as market speculation increases that the striking hotel will soon be converted to a Sheraton
The 100-megawatt, grid connected power plant, Shams 1, will generate clean energy to power 20,000 homes in the UAE.
The emirate has signed an agreement for a petroleum storage facility in Malaysia’s Johor state.
The UAE’s Ministry of Finance placed Dhs70 billion ($19.1 billion) with banks after the 2008 financial downturn.
Mohamed Al Mubarak was named the deputy chief executive and chief portfolio officer of the new entity.
The airline’s first such initiative for three years, it will comprise TV, print, outdoor and digital elements.
The 15-year bond will allow NBAD to directly access Japanese retail investors.
Etihad paid $70 million to India’s Jet Airways to buy three pairs of Jet’s slots at London’s Heathrow Airport.
David Miliband called for investment and innovation, speaking at a conference in Abu Dhabi.
The new firms will be listed as Tier-2 stock without the need for initial public offerings.
Sheikh Nahayan bin Mubarak has cancelled the deal less than two weeks after it was signed.
Greater investments in sustainability are urgently required, say experts.
The UAE lender will issue a benchmark-sized five-year bond and also a ten-year subordinated deal.
Shares in Germany’s second biggest airline jump after Etihad Airways buys stake in frequent flyer programme.
Deal provides Abu Dhabi carrier with better connectivity throughout Africa and Nairobi-based airline with improved international access.
Aldar, which has been bailed out by the Abu Dhabi government over the past two years, plans to merge with rival Sorough.
The Abu Dhabi-listed energy firm missed repayment of its $920 million sukuk last year.
The contract covers building the hotel as well as maintaining its development for one year.
Having doubled in value the past 10 months, shares have slumped in the last three weeks as both companies struggle to seal an agreement.
Abu Dhabi’s TAQA said that two columns of oil have been found since drilling began in November.
The development in Karachi may reportedly include the world’s tallest building.
Etihad is reportedly in talks to buy a 24 per cent stake in Jet for up to $330 million, say sources.
The company borrowed heavily to build up holdings in a number of major companies, including carmaker Daimler.
The UAE lender said earlier this week it had mandated lead arrangers for the $500 million issue.
Lack of properly developed infrastructure and operational facilities remain off-putting for certain segments of the market, says new report.
Work is progressing on the emirate’s key projects such as industrial city, Saadiyat island and Al Maryah island.
Hungarian oil and gas group MOL’s shares were down 4.1 per cent on Friday, a five-week low.