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G20

G20 summit: UAE, Saudi Arabia, India, US announce historic trade corridor deal

The UAE, Saudi Arabia, India, EU, US and other G20 partners agreed to explore a shipping corridor project to augment trade between Europe and Indian subcontinent

Road closure-Abu Dhabi

Abu Dhabi’s Sheikh Zayed bin Sultan road to be partially closed on these dates

The centre called on motorists to drive cautiously and adhere to traffic rules during the road closure

Etihad significantly expands codeshare with Air France-KLM (Image: Supplied by Etihad)

Etihad significantly expands codeshare with Air France-KLM

More than 40 new routes were made available for booking immediately

TAQA lists dual-tranche bonds worth $1.5bn on ADX

Abu Dhabi’s TAQA lists $1.5bn dual-tranche bonds on ADX

The order book was nearly 10 times oversubscribed at the time of issuance in April, with investors placing total orders of more than $15bn

ADNOC Gas signs multimillion LNG supply deal with PetroChina

ADNOC Gas signs multimillion LNG supply deal with PetroChina

The deal follows several significant international LNG sales agreements, including India Oil Corporation

UAE-EU MEET

EU Commission President Ursula von der Leyen meets President Sheikh Mohamed bin Zayed

The meeting looked at various aspects of UAE-EU relationship as well as future opportunities for collaboration

ADNOC Group to invest in Habshan carbon capture

UAE’s ADNOC Group to invest in Habshan carbon capture

The project will triple the company’s carbon capture capacity to 2.3 million tonnes per annum

Air Arabia

Air Arabia launches three weekly flights to Sri Lanka from Abu Dhabi

The new direct flights will connect Abu Dhabi International Airport to Bandaranaike International Airport starting January 2024

Abu Dhabi Media Office - mangrove

UAE to plant 10 mangrove trees for every COP28 visitor

Mangroves will be planted during the last quarter of this year using innovative methods such as drone dispersal

Road closure-Abu Dhabi

Abu Dhabi: Road closure on Sheikh Zayed bin Sultan Street

This road closure will come into effect on August 31 and will be in place until September 4

Borouge

Borouge shareholders approve multimillion dollar dividend

The interim dividend will be paid to shareholders who have purchased Borouge shares as of September 7

Aldar

Gardenia Bay: Aldar launches new Yas Island residential community

The development will feature monitoring meters to reduce energy, water, and waste consumption with an aim to achieve a Pearl 3 Estidama rating

Tabreed UAE

Tabreed named preferred bidder for one of India’s largest district cooling projects in Hyderabad

Tabreed was selected by the state government’s infrastructure development arm to provide district cooling services to Hyderabad Pharma City

Air Arabia

Air Arabia Abu Dhabi to launch new flight to this city in Iran

The service to Lar will commence on September 14

UAE-President-Sheikh-Mohamed-bin-Zayed-Al-Nahyan issues new law covering prison management in Abu Dhabi photo courtesy WAM

UAE President passes new law; management of Abu Dhabi prisons to change hands

The Abu Dhabi Judicial Department will oversee the emirate’s punitive and correctional establishments from January 1, 2024

Abu Dhabi road closure

Abu Dhabi: Partial road closure on Corniche Street, Sheikh Zayed bin Sultan Street to end on this day

The Integrated Transport Centre has issued notifications for partial and complete road closures in Abu Dhabi

Abu Dhabi issues warning against fake currency dealers

Abu Dhabi warns residents, tourists against fake currency dealers

The department urged the public to always use authorised money exchange houses or banks to exchange foreign currency

Guy Hutchinson to step down as CEO of Rotana (Image: Supplied by Rotana)

Guy Hutchinson to step down as CEO and president of Rotana

After nearly a decade at the Abu Dhabi-headquartered hotel management company, he will be leaving the group in early 2024

New Abu Dhabi industrial licences surge 16.6% in H1 2023

New Abu Dhabi industrial licences surge 16.6% in H1 2023

Capital investments by manufacturers operating in the emirate grew by Dhs12.4bn to Dhs384.1bn over the same period

ADNOC LNG

ADNOC, Tabreed announce advances in effort to harness geothermal energy

Leveraging geothermal heat for district cooling operations has the potential to reduce electricity demand helping decarbonise an energy-intensive sector

ADNIC H1 2023 earnings

ADNIC reports net profit of Dhs204m in H1 2023

ADNIC in its earnings release reported its underwriting profitability continued to be robust with a combined ratio of 87.60 per cent and a net insurance service profit of Dhs178.1m

KBBO Group debt pile

Abu Dhabi revises hotel fees to boost hospitality sector

The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1

AD Ports Food Hub Image Image Ad Ports

How AD Ports’ logistics cluster is supporting global trade

Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations

Bloom Arjaan by Rotana

Bloom Holding partners with Rotana for hotel apartment on Saadiyat Island

The property is being developed to combine the comforts of a home and the convenience of a hotel and easy access to Saadiyat Island’s attractions

Yahsat reinforces presence in China image WAM

UAE’s Yahsat reinforces presence in China

The Asia Pacific region is amongst the main international markets for the company due to its popular solutions, which includes Thuraya’s MarineStar

ADIB finances UK real estate assets worth $128m in H1 2023

ADIB finances UK real estate assets worth $128m in H1 2023

The banking group has closed senior financing transactions worth more than GBP650m over the past five years

DCT Abu Dhabi

DCT Abu Dhabi, Air France-KLM partner to boost connectivity

The partnership expands Abu Dhabi’s global connectivity through daily flights to Paris

US NSA Jake Sullivan in UAE

US National Security Advisor Jake Sullivan in UAE to meet President Sheikh Mohamed

The importance of joint action to ensure peace and stability in the Middle East was discussed at the meet

ADFD Tanzania sign loan agreement Image ADFD

Abu Dhabi Fund for Development finances Dhs110m energy security project in Tanzania

The project’s financing will reduce energy import dependency, stimulate economic activities, develop existing industries and create job opportunities for the population

ADNOC Gas awards $3.6bn contract to boost gas processing

ADNOC Gas invests $3.6bn to boost gas processing capabilities

The project seeks to increase ethane extraction from the company’s existing onshore facilities in the Habshan complex