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ADQ to open next gen greehouse in ADQ Image ADQ twitter

Abu Dhabi’s ADQ, Safe Haven Solutions to construct high-tech greenhouse in KEZAD

The new project will use advanced technology to sustainably cultivate tomatoes and cucumbers year-round in the UAE

Abu Dhabi International Airport - UAE megaprojects

Abu Dhabi International Airport passenger traffic rises 67% in H1 2023

The airport welcomed 10,258,653 passengers during the first half of the year

Agthia Group posts 6.6% first-half profit rise to Dhs144m

Agthia Group posts 6.6% increase in first-half profit to Dhs144m

The group’s revenues in the six months to June 30 surged by 10.3 per cent year-on-year to Dhs2.2bn

Etihad Airways adds Boston to its US network

Etihad Airways adds Boston to its US network

The airline will operate flights to Boston four times a week with its Boeing 787-9 Dreamliner aircraft

Abu Dhabi's ADQ, IHC look to merge with Q Holding Image GettyImages-1366647006

ADQ, IHC Capital propose merger with Q Holding to create $12bn entity

The proposed transaction would create one of the largest real estate, hospitality, events and catering platforms in the region

e& c

Abu Dhabi’s e& enterprise concludes majority stake acquisition in Beehive

The telecom company announced it was acquiring 63.3 per cent of the peer-to-peer lending platform in May

Aldar boosts education portfolio investment to $368m

Aldar boosts investment in education portfolio to $368m

The expansion plan includes the establishment of Cranleigh Bahrain and the acquisition of Kent College Dubai and Virginia International Private School in Abu Dhabi

Abu Dhabi DMT announces H1 real estate transactions Image Abu Dhabi DMT

Abu Dhabi real estate sector records over Dhs46.33bn in deals in H1 2023

Al Saadiyat Island topped the list with transactions worth Dhs3bn, with Yas Island coming in at second place with transactions worth Dhs2.6bn

Carbon markets

Abu Dhabi firm plans to raise $250m for carbon fund

Carbon markets are witnessing a shift, with new guidelines and greater oversight after a boom in demand

UAE President’s brother Sheikh Saeed bin Zayed

UAE President’s brother Sheikh Saeed bin Zayed passes away

The Presidential Court declared a three-day official mourning period for Sheikh Saeed bin Zayed with flags flown at half-mast

Masdar to co-invest in Germany’s EUR1.6bn Baltic Eagle wind farm

Masdar, Iberdrola to invest in Germany’s $1.8bn Baltic Eagle wind farm

The wind farm will have an anticipated annual production capacity of 1.9 terawatt-hours, enough to power 475,000 homes

Image: Twitter / Etihad Airways

Etihad Airways among most punctual airlines in Middle East for H1 2023

Four million passengers will fly with Etihad over the summer months via its home base in Abu Dhabi

FAB’s quarterly profit up 61% on higher rates

FAB’s quarterly profit up 61% on higher rates

The banking group’s operating income reached Dhs6.8bn in Q2 2023, a 37 per cent YoY increase from the same period a year earlier

ADCB

ADCB’s Q2 2023 net profit jumps 23% to Dhs1.93bn

The bank said its strong performance was driven by broad-based income growth and improved efficiency metrics

OYO to add 2000 apartments in Abu Dhabi

Hospitality tech firm OYO adds 2000 apartments in Abu Dhabi

The ready-to-move-in accommodations provide fully managed long-term housing rental spaces for professionals

Abu-Dhabi based Multiply Group invest in EIG GettyImages-1331237787

Air France to commence daily direct flights to Abu Dhabi from Paris

It will begin operations on the route from October 29, 2023

free toll and parking

Dubai, Abu Dhabi announce free parking, no toll fees for Islamic New Year holiday

Motorists will not have to pay public parking fees and toll charges on July 21

Abu Dhabi Real estate FDI see 363 per cent rise in H1 2023 Saadiyat Island_Image courtesy WAM

Abu Dhabi real estate sector attracts Dhs834m in FDI in H1 2023

This represents a robust rise of 363 per cent compared to the same period in 2022

Abu Dhabi Dhs10000 fine for non breaking fire safety rules Image GettyImages

Dhs10,000 fine for non-adherence of fire safety rules in Abu Dhabi

According to ADCDA, a fine will be imposed in case of the absence of a civil defence licence or a certificate of compliance with fire safety and prevention requirements

Yas Island

Aldar, Abu Dhabi Housing Authority unveil Dhs8bn project on Yas Island

The project is part of Abu Dhabi Government’s efforts to develop integrated and sustainable residential neighbourhoods

Polypropylene

Masdar, MCG, INPEX to explore commercial-scale polypropylene production

Polypropylene, a type of plastic material, is used to manufacture everyday items such as bottles, jars and food packaging

ADIB introduces Istikrar Image credit ADIB

ADIB launches Istikrar, UAE’s ‘first’ long-term, fixed-rate home finance product

According to the bank, the product’s fixed-rate tenor offers home buyers a worry-free experience, free from any large final payment or unexpected changes in installments

Etihad A380-Abu Dhabi to London

Travelling from Abu Dhabi to London? Now you have a chance to fly on Etihad Airways’ A380

Etihad’s double-decker aircraft will fly from Abu Dhabi International Airport to London Heathrow

Modi

Watch: India’s PM Modi lands in UAE, received by Crown Prince Sheikh Khaled bin Mohamed

Prime Minister Modi will hold talks with Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi

Abu-Dhabi based Multiply Group invest in EIG GettyImages-1331237787

Abu Dhabi-based Multiply Group invests $100m in EIG’s Breakwater Energy

This investment comes under Multiply+, the group’s sector-agnostic arm

UAE’s ADIB raises $750m in AT1 perpetual Sukuk.

UAE’s ADIB raises $750m in AT1 perpetual Sukuk

The issuance was met with robust demand, attracting interest from over 240 global and regional investors with the final order exceeding $7bn

EWEC secures four bids for 1,500MW Al Ajban solar project

UAE’s EWEC secures four bids for 1,500MW Al Ajban solar park

The solar farm will generate enough electricity to power approximately 160,000 homes across the UAE

ADGM issues hotel and tourism regualtions 2023 Image courtesy ADGM

Abu Dhabi Global Market issues hotel and tourism regulations

The regulations adopt some Abu Dhabi onshore tourism legislation to provide a better regulatory framework for hotels and tourism companies in ADGM

Abu Dhabi Grand Prix

2024 Abu Dhabi Grand Prix dates revealed

The official announcement from Formula One Management confirmed that the Abu Dhabi track will host the final race of the season