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Abu Dhabi’s Aldar Properties Q2 net profit rises 18%

The state-linked builder made a profit of Dhs 601m in the second quarter of 2015

Abu Dhabi rents to rise in 2015 as supply tightens

The capital’s housing stock saw the lowest level of growth in the last five years, potentially pressuring rents to rise

Abu Dhabi Airport crosses 2m passenger mark in July

The airport saw a 17.2 per cent growth in passenger numbers during the first half of 2015

Abu Dhabi airport passenger traffic up 17.2% in H1

Passenger numbers rose to 11.11 million from 9.48 million a year earlier

RBS ends plan to sell UAE transaction services to ADCB

The deal was called off in part because ADCB asked at a late stage to select which of RBS’ customers it would take, sources said

Abu Dhabi wins bid to host 2020 world swimming championship

The UAE capital beat rivals Lima and Almaty to win the bid

Abu Dhabi Commercial Bank Q2 net profit up 21%, beats estimates

The lender made a net profit attributable to shareholders of Dhs 1.28bn in the second quarter of 2015

UAE’s NMC Health to invest in Saudi, Qatar for Gulf expansion

The company secured an $825m loan from banks in February to pay debt and fund acquisitions

Abu Dhabi’s TDIC confirms worker died at Louvre museum site

Officials said the worker’s death in June was the first fatality that happened on site

Abu Dhabi’s Emirates Motor Company closes $175m debut loan

Noor Bank was the initial lead arranger for the syndicated structured facility

Deported Australian woman hits back at UAE reports of car owner insults

Jodi Magi has denied that she wrote insulting words about the car owner along with a picture she posted on Facebook

Etihad signs sponsorship deal with Saudi football club Al Ittihad

The Abu Dhabi-based carrier will serve as the preferred airline for the Jeddah-based club

UAE’s Aldar makes Dhs 1.9bn in H1 2015 on new project sales

The sales constituted land plots on Nareel Island and Al Merief developments, as well as unit sales at Meera at Shams Abu Dhabi

British Airways to fly Dreamliner to Abu Dhabi and Muscat

British carrier will hope to lure Emiratis and Omanis onto its new First Class suites

Abu Dhabi rents up 6%, prices rise 4% quarter-on-quarter in Q2

Developments such as Eastern Mangroves and St Regis Residences saw rents rise 10-12 per cent in Q2, says Asteco report

UAE bank ADIB targets 2016 acquisitions, eyes Asia, Middle East

The bank is looking for opportunities in Malaysia and Indonesia, as well as Algeria, Jordan and Morocco, its CEO said

Reem Mall gets nod from Abu Dhabi Urban Planning Council

Following the approval, officials said that they expect to start work on the $1bn mall this year

Abu Dhabi’s TAQA says not holding merger talks

The company “confirms that it is not engaged in merger discussions with any government or other entity”, it said in a statement to the bourse

Abu Dhabi’s IPIC 2014 net attributable profit drops 37%

IPIC made a net profit attributable to equity holders in the parent of $1.21bn against $1.92bn in 2013

Abu Dhabi considers state-backed merger for troubled TAQA – sources

Billions of dollars were spent on assets and expansion but the recent oil drop has impacted TAQA’s operations.

Abu Dhabi finance zone gears up to open with draft rules

The drafts will be available for public comment over a six-week period, and the zone plans to accept its first applications for financial service operating licences by the end of this year

Etihad signs codeshare deal with Pakistan International Airlines

Through the deal, both airlines will place their code on each other’s flights between Abu Dhabi and Pakistan

Mubadala buys into Trafigura’s Spanish mines as part of new venture

For Abu Dhabi’s Mubadala, the purchase is part of a push to invest in assets other than oil.

UAE’s Etisalat says Mobily restatement, provisioning to hurt results

Saudi Arabia’s Mobily, 28 per cent owned by Etisalat, said earlier that it would reissue its 2014 and first quarter 2015 financial statements

Abu Dhabi airport passenger traffic up 14.9% in May

Airport passenger traffic growth was largely driven by flights from the US, India and Italy.

Air Seychelles appoints ex-Etihad official as new CEO

Roy Kinnear, who was a senior vice president at Etihad Airways, replaces Manoj Papa.

Etihad says not in talks to raise stake in India’s Jet

Etihad bought a stake in Jet two years ago giving it a foothold in India’s fast-growing aviation industry

Etihad buys 4 Embraer Phenom jets for training college fleet

The airline also has an option to buy three more jets from Brazil-based aircraft manufacturer Embraer

Etihad seals $23m deal to promote tourism in Australia

The deal will promote Australia among both business and leisure travellers mainly within Europe

Agility unit to invest $225m in Abu Dhabi mall project

The mall will be a partnership project, the company said