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Abu Dhabi

Etihad Starts Daily Ho Chi Minh Flights

New service to meet strong business and leisure demand and support UAE investments in Vietnam

Abu Dhabi Airport Sees 18.5% Rise In August Passenger Traffic

Over 1.5 million passengers passed through the emirate’s airport in August.

Mubadala’s H1 Profit Up 10.4% On Investment Gains

The Abu Dhabi fund said that profit attributable to equity owners for the first half of the year was Dhs1.1 billion.

UAE’s Airport Retail Industry Rakes In Revenues

The UAE’s airport retail sector has benefitted heavily from increased passenger traffic in the country.

Abu Dhabi Approves $4.3bn Development Spending

Abu Dhabi is investing billions of dollars in industry, tourism and infrastructure to diversify its economy away from oil.

Citigroup Moves To Block New Arbitration By Abu Dhabi Fund

ADIA previously accused Citigroup of fraud in the initial arbitration.

Depa Wins Dhs574m Fit-Out Contract In Abu Dhabi Project

Depa’s scope of work will include architectural woodwork, flooring work, decorative tasks and interior lighting.

Dubai Not In Refinancing Talks With Abu Dhabi

Dubai’s companies are ‘doing well and can take care of their own debt’ according to Sheikh Ahmed bin Saeed al-Maktoum.

Etihad Airways Plans Major India Expansion

The Abu Dhabi-based airline plans to introduce more flights, more seats and new routes to India.

Abu Dhabi To Invest $5bn In Russian Infrastructure

The accord with Abu Dhabi is expected to be signed during talks between Putin and Crown Prince Sheikh Mohammed bin Zayed on Thursday.

Al Hilal Bank Eyes Sukuk Issue In Q4

The five-year-old Islamic bank was assigned its first credit ratings earlier this week.

UAE’s Retail Market Attractive Despite High Rents

Average retail rental rates in Dubai and Abu Dhabi were $114 and $71 per square feet per annum respectively.

Abu Dhabi’s First Gulf Bank To Cut About 300 Jobs

The lender is reducing nearly 10 per cent of its workforce as part of a restructuring, according to sources.

Abu Dhabi’s ADPC Awards Dhs2.5m Delma Port Contract

Construction firm Parsons will develop 300 metres of concrete wharf and new floating pontoons that will accommodate more than 280 boats.

Air Seychelles’ First Half Revenues Climb Upwards

Airline benefits from equity partner Etihad, international expansion and improved cargo performance

Hilton Opens Second Hotel In Abu Dhabi

Hilton Capital Grand will aim to attract business and leisure travellers in the upcoming peak season

Etihad Launches New In-Flight Child Care Programme

Etihad’s Flying Nanny programme aims to assist families during long-haul flights.

Dubai’s Drake Wins $113m Louvre Abu Dhabi Museum Contract

The mechanics, engineering and plumbing contract was awarded by a joint venture led by Arabtec Holdings.

Employee Relocation Will Cut Over-Supply In Abu Dhabi’s Property Market

Abu Dhabi’s residential property market could see new demand as the deadline for employee relocation ends today.

UAE’s Etihad Sees Clearance For Jet Deal, Extends Deadline

Etihad agreed to pay $379 million for a 24 per cent stake in Jet in April.

Etihad Cargo Tonnage Up 37% In July

Tonnage figures were largely driven by increases in key export markets such as India, Hong Kong and China.

Mont Blanc Offers Exclusive Dhs4.2m Ruby Pen In Abu Dhabi

The Ruby Fountain Pen is available for sale at the luxury brand’s posh boutique located in Abu Dhabi’s new Galleria mall.

UAE-France JV Wins $1.6bn Oil Field Project In Abu Dhabi

A consortium of National Petroleum Construction Company (NPCC) and France’s Technip will develop the Umm Lulu field.

First Look Pictures: The Galleria, Abu Dhabi’s New Luxury Mall

The luxurious destination features 100 retail and high-end F&B outlets spread across 33,000 sq metres.

Abu Dhabi Appoints Board For New Financial Free Zone

The zone is seen as a challenge to neighbouring city state Dubai, which is the top financial centre in the region.

Abu Dhabi’s TAQA May Shelve $12bn Turkey Power Project

TAQA said it had decided to defer the investment decision in Afsin-Elbistan until 2014.

New Luxury Resort Planned For Abu Dhabi’s Saadiyat

The Bin Otaiba Investment group has bought a 91,000-square-metre land plot on the island to develop a five-star hotel.

Rolls-Royce Abu Dhabi Releases One-Of-A-Kind ‘Ruby’ Edition

The Rolls-Royce Phantom Coupe ‘Ruby Limited Edition’ will go on sale exclusively at Abu Dhabi Motors

Abu Dhabi Rents Fall Despite Employee Relocation

New high-end residential properties in Abu Dhabi see rising demand despite an over supply of residential units.

Abu Dhabi’s Mubadala Unit To Develop Oil Field In Thailand

Mubadala Petroleum and Kris Energy will develop the Nong Yao field with production capacity of up to 15,000 barrels of oil per day.