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Abu Dhabi

Abu Dhabi confirms that four road toll gates will be operational from October

The toll fee will be Dhs4 for every pass during peak hours from Saturday to Thursday

UAE and Indonesia sign oil and gas agreement

The agreement includes consideration of fuel retail opportunities in Indonesia

Abu Dhabi planning to introduce salik road tolls soon – reports

Toll gates will reportedly be operational in four locations starting October

Abu Dhabi’s ADNOC, China’s Wanhua Chemical sign deal potentially worth $12bn

They signed an agreement to collaborate in the downstream sector and for a shipping joint venture

Oil sector lifts Abu Dhabi’s Q1 GDP by 5.7%

The emirate’s GDP totalled Dhs207bn ($56.4m) in the first quarter

Trials begin at Abu Dhabi’s new Midfield Terminal ahead of expected opening this year

The terminal will have the capacity to handle more than 8,500 people per hour when it opens

Abu Dhabi shares surge on FAB’s strong earnings

First Abu Dhabi Bank reported a 5 per cent increase in net profit for the second quarter

UAE’s largest lender First Abu Dhabi Bank posts 5% rise in Q2 profit

The lender said it expects mid-single digit profit growth and high-single digit growth in loans for 2019

Bus carrying 52 pilgrims from Makkah crashes in the UAE

The accident took place on Abu Dhabi’s Sheikh Khalifa Bin Zayed Road

Abu Dhabi’s ADNOC hires BAML, Mizuho for natural gas pipelines deal

Sources estimated the value of the gas pipeline assets at around $12 to $15bn

Abu Dhabi financial centre ADGM issues regulations for robo-advisers

Robo-advisors provide investment management services using algorithm-based tools and technology

Abu Dhabi’s Aldar offers post-handover payment plans to investors

The new plans will offer investors a full waiver of registration fees and longer payment schedules for six developments

Abu Dhabi sovereign fund ADIA to boost active investments in fixed-income

ADIA has been reducing its reliance on external fund managers and boosting in-house investment capabilities

Largest aquarium in the Middle East to open in Abu Dhabi by early 2020

The aquarium, now 70 per cent complete, will house 33,000 marine animals

Abu Dhabi government awards contracts worth Dhs5bn to Aldar

The contracts include projects on Saadiyat Island, Yas Island and Al Falah

Abu Dhabi’s ADNOC waives attendant fee for filling petrol during summer

Those registered with the ADNOC Wallet service will be offered free assisted fuelling between 11am to 5pm during July and August

Abu Dhabi residential prices, rents continue to drop in H1

Al Reem Island was found to be the most popular area in Abu Dhabi to buy and rent apartments

New record-breaking solar plant announced for Abu Dhabi

The new 2GW solar project in Al Dhafra will eclipse the 1GW Noor Abu Dhabi plant – currently the world’s largest single solar project

World is “facing grave climate emergency” UN Secretary-General tells Abu Dhabi conference

António Guterres was addressing delegates at the two-day Abu Dhabi Climate Meeting

World’s largest solar project starts operation in Abu Dhabi

Noor Abu Dhabi is spread across an 8 kilometre-squared site, features more than 3.2 million solar panels, and has a capacity of 1,117 megawatts

Abu Dhabi Special Olympics generated almost Dhs1bn in economic output – report

The 10-day event was held in March, with 200 nations, 7,000 athletes and 20,000 registered volunteers taking part

ADNOC closes $4bn pipeline deal with KKR and BlackRock

ADNOC Oil Pipelines will lease 18 pipelines transporting crude oil and condensates for 23 years

Abu Dhabi reveals nine new initiatives to boost the private sector

Ecotourism incentives, SME loans and instant licences are among the new initiatives

Abu Dhabi airline Etihad to launch flights to Egypt’s Alexandria during summer

The airline will operate four-time weekly flights to Alexandria from July 2 to August 31

Abu Dhabi’s Aldar partners with Anarock Group to access Indian market

The partnership aims to provide Indian investors with direct access to Aldar’s portfolio in Abu Dhabi

Abu Dhabi’s ADSS CEO to leave brokerage

Philippe Ghanem will be leaving the firm shortly to pursue new opportunities

Abu Dhabi’s Aldar says over 75% of its Alreeman II project’s phase one sold out

The Dhs1.7bn master-planned residential community offers land plots for sale exclusively to UAE nationals

Etihad warns of delays after suspending flights over Strait of Hormuz, Gulf of Oman

The move comes amidst growing tensions between the US and Iran

UAE’s biggest lender FAB to shut Qatar operations amid row with Doha

The move came after a Qatari regulator earlier this month placed more business restrictions on First Abu Dhabi Bank

Video: Abu Dhabi police seize 423kg of drugs in largest haul in the UAE

Officials have arrested 12 suspects