The multi-billion dollar Khalifa Port can handle 12 million tons of general cargo annually in the first phase.
The company made a net profit of $27.5 million in the first six months of the year.
Abu Dhabi’s flag carrier announces daily services will begin early next year.
The Abu Dhabi-based carrier bought over $10 million worth of Virgin shares to raise its stake from 5.1 per cent last month.
According to official statistics, the emirate’s non-oil merchandise trade reached Dhs139.4 billion in 2011.
Abu Dhabi oil company TAQA saw increased profits in H1 2012 owing to strong power and water performance and divested assets.
The Abu Dhabi-based district cooling utility company appointed Jasim Thabet as its new chief executive officer.
The Abu Dhabi developer reported a net profit of $113.8 million in the second quarter of the year.
Increased revenues from national housing projects boosted the profit made by the Abu Dhabi-based property developer.
Abu Dhabi shelled out close to $1 billion on Manchester City’s Barclays Premier League title, writes Neil Churchill