Caisse des Depots and ADIA come together to bid for TIGF business.
The deal will generate $242.70 million in revenue for the German carrier.
The Abu Dhabi-based airline is about to buy a stake in either Jet Airways or rival Kingfisher Airlines.
Exclusive: Tony Douglas, boss of ADPC, said the newly opened Khalifa Port will mop up Mina Zayed’s traffic and benefit from rising MENA trade.
Yas Waterworld Abu Dhabi is set to open its doors to the public in the New Year.
The Abu Dhabi-funded club reports record revenue as Etihad-influenced commercial revenue doubles.
The British oil company was originally excluded from the process after not receiving a qualifying letter.
National Bank of Abu Dhabi aims to be in 41 countries by 2021, compared with 14 right now, said a senior manager.
Falcon Private Bank plans to acquire wealth management boutiques that manage between $500 million and $4 billion in assets.
The agreement between the Abu Dhabi financial services firm and Sberbank is expected to facilitate more investment in both the regions.
The Abu Dhabi carrier already owns a 29.12 per cent stake in the German airline.
The German pharmaceutical firm will produce two products in Abu Dhabi.
TAQA has purchased 53.2 per cent from General Exploration Partners.
International Petroleum Investment Company (IPIC) plans to issue a dual-curency bond spread across two tranches.
Abu Dhabi’s flagship carrier is eyeing up minority stakes in Jet Airways and SpiceJet.
The 15-year Sukuk is National Bank of Abu Dhabi’s third issuance in the South East Asian currency.
The deal provides for the storage of six million oil barrels for the Korean strategic stockpile program.
Etihad Airways’ new home will add capacity for an extra 30 million passengers per year.
The new fund has a seed capital of $25 million and will invest mainly in dollar-denominated debt.
Abu Dhabi National Energy Company blames loss on construction costs and lower gas prices.
Residential rents in the emirate continue to fall but still remain higher than Dubai, says new report.
A round up of the day’s news and gossip from the region’s largest oil and gas event.
The lender is set to raise $500 million from its offering after big investor interest for its debut deal.
The two Abu Dhabi-based developers both reported higher quarterly profit on Wednesday even with asset writedowns.
The Abu Dhabi developer’s profit was driven by rising revenues from national housing projects.
The Abu Dhabi investment fund said the move was aimed at making documentation more consistent.
Ferrari’s Fernando Alonso fails to regain the championship lead from title rival Sebastian Vettel.
Norway’s Government Pension Fund Global has beaten the emirate to the top spot with assets worth $656.2 billion.
Mainly aimed at business travelers the hotel’s rooms and facilities would easily keep leisure guests entertained too.
Abu Dhabi Commercial Bank posted a net profit of Dhs595 million, as non-interest income declined.
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