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Abu Dhabi

UAE’s Adnoc in talks with banks for big syndicated loan

The loan is expected to be in a range of $4bn to $5bn, a source said

Abu Dhabi’s Baron Point Petroleum signs joint venture for $150m Vietnam terminal

Phu Quoc Island will supply and store crude oil and refined petroleum products

Etihad sells first airline stake amid review

Etihad and other investors have sold their shares in Darwin Airline to a subsidiary of Slovenian airline Adria Airways

Abu Dhabi rents, sales prices drop as demand lags supply

Residential apartment and villa sales prices were down by 8 per cent and 4 per cent respectively year-on-year

UAE bank ADIB replaces exterior cladding at HQ over fire concerns

New national fire safety codes call for building material revision

Abu Dhabi ranked second best city globally to live, visit and do business

The UAE capital performed strongly for its business credentials and quality of living

Abu Dhabi developer Aldar says on track to handover Ansam project this year

The project, located in Yas Island, features four Andalusian-style apartment buildings

Abu Dhabi’s Etihad to increase flights to Egypt and Nigeria

Airline sees increased flights as ‘timely’ with resurging economies in both countries

Abu Dhabi to open six new schools catering to 7,700 students

New eco-friendly schools hoped to reduce water and electricity consumption

Goldman, JPMorgan, HSBC vie for lead roles on ADNOC retail unit IPO

The listing of ADNOC’s distribution business is planned before the end of the year

UAE’s ADNOC plans listing of retail unit at $14bn valuation – report

The retail unit includes more than 300 service stations and a network of convenience and auto products stores

UAE’S ADNOC to list some businesses, mulling partnerships

New partnerships are expected to be announced later this year

Cameras to replace parking inspectors in Abu Dhabi

Parking tickets to be issued electronically

Abu Dhabi’s Masdar says work progressing on world’s first offshore wind farm

The project is set to provide 22,000 UK homes with renewable electricity

Job cuts lead to drop in residential rents in Abu Dhabi

Apartment rents have declined by around 10 per cent over the past 12 months, says JLL report

Abu Dhabi fund ADIA eyes direct private equity investments

ADIA last year broadened its focus in Asian private equity markets, particularly China and India

Abu Dhabi to undertake infrastructure projects worth Dhs908m

The projects will include integrated residential complexes

Abu Dhabi airport sees slower passenger growth this year

Abu Dhabi International handled 10.1 million passengers in the five months to May 31, an increase of 1.8 per cent

US lifts laptop ban for flights from Abu Dhabi

US officials confirmed that Etihad Airways had put in place required tighter security measures

Abu Dhabi drivers face new penalties for non-use of seatbelt, children in the front

The new harsher fines and penalties are aimed at improving road safety

Abu Dhabi’s Mubadala has pulled out of Etisalat Nigeria

The telecoms firm failed to secure a deal with its lenders over a $1.2bn loan renegotiation

Etihad adds capacity on MENA routes to meet summer demand

The Abu Dhabi airline is adding capacity to Dammam, Amman, Beirut, Cairo, Casablanca and Rabat

New editor-in-chief appointed for Abu Dhabi daily The National

The newspaper is relaunching on July 2 under its new owner

Abu Dhabi’s Etihad, China Southern Airlines sign codeshare agreement

China Southern Airlines will put its ‘CZ’ code on Etihad’s daily services to Beijing, Shanghai and Chengdu

Etihad allows paid access to lounges, cuts free chauffeur services internationally

The airline will retain its complimentary chauffeur services for first and business class passengers in Abu Dhabi

Etihad to fly about 3.3 million passengers over next two months

The Abu Dhabi airline is offering a special ‘moonlight check-in’ service

Dubai among world’s top 20 most expensive cities for expats to live in

Dubai and Abu Dhabi were found to be the most expensive cities in the region

Abu Dhabi refers 54 suspects to court in investment fund fraud case

The suspects were allegedly involved in fraud related to car trading

Abu Dhabi fund takes 5% stake in Dana Gas

The stake was acquired by Goldilocks Investment Co, an equity fund which is part of Abu Dhabi Financial Group

Egyptian, Abu Dhabi leaders discuss terrorism funding, role of media

The meeting between the leaders took place in Cairo