The area, known as the Abu Dhabi World Financial Market, is scheduled to come up on the emirate’s Al Maryah island, say sources.
The UAE reinstated a visa waiver for Canadian citizens in April which it withdrew amid a dispute over landing rights more than two years ago.
The lender posted a net profit of Dhs903 million ($245.8 million) in the three months to March 31, up from Dhs861 million in the prior-year period.
The Abu Dhabi carrier is approved to buy 27.3 million shares at 754.74 rupees each on a preferential basis.
The emirate is rapidly developing new retail space, finds new report.
The company’s revenues totalled Dhs12.3 billion in 2012, up 7.2 per cent over the previous year.
The bank posted net profit of Dhs1.41 billion ($384 million) in the first three months of 2013.
UAE-based CAI has signed a long-term land rental agreement to operate in Kizad’s aluminium industrial cluster.
New round-the-clock, comprehensive facility targets more Dubai passengers
The Abu Dhabi lender is refinancing the renovation of the Parisian five-star hotel that is scheduled to re-open in May 2013.
People in the UAE recount their first reactions to the earthquake that hit Iran on Tuesday and sent shock tremors across the GCC.
Abu Dhabi Housing Authority has awarded Aldar the contract to build the villas in the emirate’s Al Falah area.
Etihad aims to tap into growing UAE trade flows and connect Serbian diaspora in Australia and US.
The fund made a profit of Dhs455 million in 2012, compared with a loss of Dhs3.2 billion in 2011.
Abu Dhabi-based Etihad is mulling the acquisition of a 49 per cent stake in the indebted Serbian airline.
The conglomerate is currently in the midst of a $4.5 billion debt restructuring.
The Abu Dhabi-based carrier is eyeing up a 24 per cent stake in the Indian airline, valued at around $330 million.
Techno Group Investment Holdings bought a 75 per cent stake in Turkish firm Dogu Tip for an undisclosed sum.
James Hogan, CEO of Abu Dhabi-based Etihad Airways says it is not about being the biggest, but about being the smartest.
Etihad passengers flying on Aer Lingus’ planes to New York and Chicago can now pre-clear US Customs and Border Protection in Dublin
Khalifa Industrial Zone Abu Dhabi has awarded a deal to construct phase 1 of its pre-built warehousing to UAE’s System Construct.
Passenger revenues at Etihad totalled $900 million in the first quarter of 2013, compared with $758 million a year ago.
The three-year revolving credit facility attracted a total of 19 international lenders and replaces a $2.5 billion loan agreed in 2010.
Alex Thursby succeeds Michael Tomalin who after 14 years at the helm will remain in a non-executive director’s role.
A strategic guide for all the development initiatives in the Western Region has been devised under a framework called Al Gharbia 2030.
The Abu Dhabi carrier will also open a $6.8 million premium lounge this week in Terminal A at Dulles Airport for first and business class passengers
A joint venture between Taylor Woodrow and Abu Dhabi contractor Fibrex will work on the airport’s expansion.
The $200 million investment will build two furnaces with combined output capacity of 33,000 tonnes per annum.
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.