The deal implies an enterprise value to EBITDA ratio of around 3.5x based on the company’s last twelve months performance to August 2023
The engineering, procurement and construction contract was awarded to Petrofac Emirates
The airline is also in the process of upgrading its frequencies to several other destinations
The financial sector grew nearly 30 per cent year-on-year, with the value-added by the industry surging more than Dhs18bn
ADIPEC 2023 is expected to attract more than 160,000 attendees from 164 countries
SIATT specialises in the integration of systems with advanced technological content for defence and aerospace sectors
The transport regulator is offering free parking during the holiday from Friday until 7:59 a.m. on Saturday
The collaboration presents an important commitment to fostering cultural programmes and initiatives
Alpha Dhabi’s foray is aimed at driving impactful change in the circular economy sector and its broader vision of sustainable growth
The platform is set to further enhance the city’s business and leisure tourism industries while advancing economic growth
The partnerships seek to introduce members and investors to a range of services, promotional packages, and financing assistance programmes
The Ministry announced that the invitation to attend the military parade is open to the public
The trading of the certificates on the Irish Stock Exchange was cancelled upon redemption of the certificates
The overseas office brings the bank closer to the front lines of its sustainable development work in the Middle East and Africa
This agreement increases the group’s contracted future revenues to Dhs25.7bn, over 16 times its 2022 annual revenues
The traceability feature is accessible by scanning the QR code of a Silal Fresh product through the Silal App
The company aims to create a transformational impact on the community through economic, social and environment initiatives that are aligned with UN SDGs
The meeting reviewed the UAE’s upcoming hosting of the COP28 and the need for advancing collective climate action
Terminal A has the capability to handle 45 million passengers per year, and process 11,000 passengers per hour
It has been structured to provide comprehensive multi-asset class investment solutions for a diverse clientele
The financial hub said a total of 102 asset managers, comprising investment firms and hedge funds, have set up shop in the city
The project will extend GE Aerospace’s development and leadership training programmes to UAE Nationals at Etihad Airways
The regional office will be led by Firas Mallah, managing director and head of the Middle East
A Hub71 startup since 2020, Remotepass has successfully scaled its business to become a key partner of the ecosystem
The partnership builds on Katrina Kaif’s collaboration with Etihad in 2010 when she was featured as a discerning traveller showcasing the carrier’s travel experience
The investment will initially focus on providing financing for technology and software companies
Set in Abu Dhabi’s Al Wathba area for the second year, the race will be held from December 8-10
The move will see Aldar Estates integrate a property management portfolio of 22,000 residential units across 600 properties within its platform
IIT Delhi’s Abu Dhabi campus will offer computer science, artificial intelligence, energy and sustainability, healthcare and research programmes
The new brand identity is designed to reflect the innovative company’s global vision