Home UAE Abu Dhabi

Abu Dhabi

UAE’s ADNOC Distribution records Dhs2.4bn in net profit for 2020

During the year 2020, ADNOC Distribution opened 64 new stations

Aldar properties abu dhabi

Aldar Properties reports revenue of Dhs8.39bn for 2020, up 17%

Its 2020 gross profit also rose 8 per cent to Dhs2.98bn

Mohamed Mahmoud Al Khaja UAE Ambassador israel

Mohamed Mahmoud Al Khaja sworn in as UAE’s first ambassador to Israel

Al Khaja was sworn in on Sunday by Sheikh Mohammed bin Rashid Al Maktoum

Aldar Asteco

UAE’s Aldar Estates acquires Asteco Property Management

Aldar Estates now manages more than 32,000 units under property management and nearly 28,000 units under owners’ association management

Bloom Education receives Dhs53m funding from Abu Dhabi’s ADFD

Bloom Education beneficiary of ADFD’s Dhs1bn support programme

Abu Dhabi launches programme to attract expatriates

The ‘Thrive in Abu Dhabi’ initiative invites foreigners and their families to settle down in the capital emirate

NMC Health expects UAE, Oman operations to continue in 2021, after sale of non-core assets

NMC is undertaking a complete restructuring of its balance sheet following the discovery of significant fraud and debt

Etihad A380

Etihad’s focus on smaller aircraft puts fleet plans in limbo

Etihad has a fleet of 40 Dreamliners and potentially 11 more still to come after already trimming its order by 20 aircraft in 2019

South Korean Bespin Global to set up regional HQ, R&D centre at Abu Dhabi’s Hub71

Abu Dhabi Investment Office to offer financial and non-financial incentives to Bespin Global

Abu Dhabi’s Hub71 community passes 100 startups

Hub71-based startups have raised Dhs185m since its launch in March 2019

UAE’s Etihad becomes world’s first airline to vaccinate entire flying crew

Over 75 per cent of the carrier’s entire workforce has already received at least one dose of the vaccine

SEHA Abu Dhabi

Abu Dhabi’s SEHA partners with King Fahad Specialist Hospital in Saudi Arabia

The two entities will cooperate on several areas including stem cell transplantation

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi to begin flights to new destination in Egypt this month

One way fares from Abu Dhabi to Alexandria begin from Dhs182

Abu Dhabi National Exhibitions Company

ADNEC to oversee two Anantara properties in Abu Dhabi

It takes the total number of hotels under ADNEC’s umbrella to five, including Aloft Abu Dhabi, Andaz Abu Dhabi Capital Gate and Aloft London Excel

UFC Gym Abu Dhabi

UFC Gym to open first branch in Abu Dhabi in March

The 1,600-square-meter UFC Gym Abu Dhabi will offer numerous training areas and will include a 24-foot Octagon too

Abu Dhabi

Abu Dhabi reduces number of ‘green list’ countries that do not require quarantine

Some of the countries removed from the ‘green list’ include Bahrain, Oman, Qatar, Maldives and Thailand

Abu Dhabi Covid-19 restrictions

Covid-19: Abu Dhabi issues new restrictions for tourism, commercial and economic activities

All parties and gatherings are now banned indefinitely

Abu Dhabi Securities Exchange

Abu Dhabi Securities Exchange slashes trading fees by 22%

The value of securities traded on the exchange increased 28 per cent to Dhs72.8bn in 2020 from Dhs56.8bn in 2019

Covid-19 Vaccine UAE

Covid-19 vaccine: Elderly and people with chronic diseases to be prioritised at all centres across the UAE

The decision was made in light of the spike in infections over the past weeks

Abu Dhabi govt, semi-govt entities to reduce workplace strength to 30%

Those employees that can work remotely have been granted the permission to do so

Covid-19: Cinemas ordered to close in Abu Dhabi

The UAE has reported more than 320,120 Covid-19 infections so far, with the death toll crossing 900

Abu Dhabi Criminal Court

Two Abu Dhabi execs fined Dhs8bn, jailed for 15 years in money laundering case

The two men, who have not been named, reportedly took advantage of their position in the company and misused public funds

Starzplay secures $25m debt financing from Abu Dhabi-based Ruya Partners

Funds to be used to expand operations and produce original content

UAE public schools to resume onsite education from February 14

Abu Dhabi will allow all schools in the emirate to resume in-clasroom teaching from February 14, with the option of e-learning available until the end of this academic year

UAE oil firm ADNOC gets $900m investment in property unit

Abu Dhabi Pension Fund is investing in some of ADNOC’s real estate assets

Abu Dhabi: Al Hosn app a ‘must’ for entry into the emirate

Effective February 1, people will have to show Covid-19 negative test results via the Al Hosn app

Eitan Na’eh, head of mission at the newly established Israeli embassy in Abu Dhabi

Israel wants to build land corridor with UAE for movement of goods

Israel is looking into the potential of trailers and lorries carrying goods from the UAE reaching Israel in three days, and vice versa

Abu Dhabi’s Aldar Properties announces new operating model to drive growth

Aldar Investment and Aldar Development will be led by their own CEOs – Jassem Busaibe and Jonathan Emery, respectively

Khazna to increase data centre capacity five-fold in UAE by 2023

Announced expansion plan will increase capacity to 200 megawatts of IT load capacity

Hub71 announces new academic partnerships to grow digital talent in Abu Dhabi

Abu Dhabi Decoded expert series returns on February 10 with stellar lineup