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Abu Dhabi

UAE’s ADNOC says it will almost triple petrochemical output by 2025

The company plans to integrate its petrochemical and refining business

Six injured in 25 car pile-up on Al Ain-Abu Dhabi Road

Police said the incident may have happened due to speeding in low visibility

Abu Dhabi airport sees slight drop in October passenger traffic

More than 20 million passengers have passed through the airport so far this year

Abu Dhabi banks deny merger talks, shares fall

Abu Dhabi Commercial Bank, Union National Bank and Abu Dhabi Islamic Bank denied merger plans

Abu Dhabi Financial Group, GFH appoint CEO for $100m Islamic finance firm

ADCorp has been established with $100m of authorised capital

Abu Dhabi Number 1 car plate sells for Dhs31m

The plate was bought by an Emirati businessman

Abu Dhabi to host 2019 Special Olympics World Games

The World Games happen once in two years

Abu Dhabi’s Etihad to suspend flights to Sao Paulo

The airline said the performance of the route had fallen short of expectations

Zara, Promod to open at Abu Dhabi’s $1bn Reem Mall

Construction on the mall began in 2015 and it is expected to open in 2018

Abu Dhabi’s Image Nation, Chinese media firm create $300m film fund

The fund will invest in films and TV programmes from Hollywood, China and other countries

Abu Dhabi’s Aldar awards Dhs30m contract for Mayan project

The luxury residential development is located on Yas Island

Profit at Abu Dhabi's Mubadala climbs 12.4%

Abu Dhabi fund Mubadala may invest in Russian vegoil, rice firms

Russia’s agriculture and food production sector has been growing

UAE’s ADNOC, Occidental to expand Al Hosn capacity by 50%

ADNOC holds a 60 per cent share in the Al Hosn joint venture

Economic slowdown continues to hit Abu Dhabi rents in Q3

Businesses and residents are shifting towards more affordable options, CBRE said

Abu Dhabi’s Supreme Petroleum Council approves ADNOC strategy

The strategy includes a 400,000 bpd oil production increase by 2018

Etihad, Jet Airways announce new Abu Dhabi-India services

From early 2017 the two plan to add 28 weekly flights and routes to three more Indian cities

Abu Dhabi Investment Authority to open Hong Kong office

The office will be ADIA’s only overseas location

National Bank of Abu Dhabi posts flat Q3 net profit growth

NBAD is currently in a merger process with rival First Gulf Bank

ADFG launches $200m fund on Abu Dhabi’s financial free zone

ADGM, the emirate’s financial free zone, allows fund managers to set up funds for all types of investors

NBAD, FGB shareholders to meet in Dec for bank merger approval

The banks announced in July that their boards had approved the tie-up

Abu Dhabi’s Etihad to launch Dreamliner on Tokyo route

The Boeing aircraft will replace the Airbus A340 which currently operates the non-stop service

Abu Dhabi’s Yas Island to host world’s widest flight chamber, tallest indoor climbing wall

The $100m attraction will be connected to Yas Mall

Marriott selected to manage luxury Abu Dhabi beach hotel

The hotel is described as providing “some of the finest facilities offered in the hospitality industry”

Abu Dhabi’s Etihad to expand Madrid route to daily operations

The airline will introduce three new flights each week

UAE oil giant ADNOC to consolidate three firms in efficiency drive

Integration is expected to be completed by the end of 2017, ADNOC said

Abu Dhabi-owned Manchester City nearly doubles profit

The club said it was on the path to “long-term financial sustainability”

UAE banks NBAD, FGB finalise executive team for merged lender

The merger is expected to take place during the first quarter of 2017

Etihad focuses on digital after achieving five-star Skytrax rating

The Etihad Innovation Centre will soon be home to the airline’s digital hub

Aldar begins tendering for Dhs6bn Yas Acres project

The main contractor is expected to be appointed by mid 2017

Abu Dhabi’s first Hindu temple to be ready by end 2017

The government said it would allocate land to build the temple during Indian PM Narendra Modi’s visit