CEO claims new widebody aircraft provides clear reduction in operating costs and carbon emissions
Waha made a net profit of Dhs142.1 million in the last quarter of 2014 compared to Dhs75.6 million in the same period a year ago.
Abu Dhabi grabbed the top spot in the region, ranking 25 among the top 50 safest cities in the world.
ADNOC awarded Total a 10 per cent stake in the main land-based concession for 40 years starting Jan. 1, 2015.
The weekend Abra service will run from Souk Qaryat Al Beri to Eastern Mangroves, with stops at three five-star hotels.
NBAD made a net profit of Dhs1.372 billion ($373 million) in the last quarter of 2014.
It would be the third purchase by the privately-owned investment firm in the non-banking financial services sector in recent months.
The Abu Dhabi airline is offering passengers travelling on January 27 and 28 the option to postpone their tickets.
The airline is partnering with a number of government organisations and educational institutions to recruit UAE nationals.
Dropping oil prices are anticipated to lead to a slowdown in rents and property prices this year, says JLL report.
Three Abu Dhabi firms have listed in London since 2013: Al Noor Hospitals, Gulf Marine Services and NMC Health.
The bank made a net profit of Dhs409.6 million in the last quarter of 2014, it said in a statement.
The bank made a net profit of Dhs1.02 billion ($277.7 million) in the fourth quarter of 2014, it said in a statement.
The Gulf country is expected to see a growth of 3.5 per cent for 2015 and 2016, according to IMF’s latest update.
Sarie Ahmed Arar, currently the executive vice president of wholesale banking, will assume the role of acting CEO.
Etihad is in the process of buying a 33.3 per cent stake in Darwin, which has already rebranded itself Etihad Regional.
Sicily set to be the fifth Italian destination connected to Abu Dhabi
As part of the deal, Aabar will sponsor the team’s pre-season training camp and receive a certain portion of match-day advertising.
The countries are looking to announce their first project this year and are currently reviewing project proposals in the Middle East, a joint statement said.
TDIC’s deputy finance head Matt Matharu is currently serving as acting CFO, a spokesman said.
Abu Dhabi General Services Co awarded the contracts to the company for improvements to two sections of the highway from Mafraq on the outskirts of Abu Dhabi.
The specified amount is slightly higher than the usual volumes that the company buys, a Singapore-based trader said.
Abu Dhabi Investment Authority is pursuing a second arbitration over its $7.5 billion investment in Citigroup in late 2007.
Wynce Low was previously head of debt capital markets for HSBC in Malaysia.
The facility will now be operational for Etihad’s early morning flights, EY103 to New York JFK and EY183 to San Francisco.
The Abu Dhabi-based group has seen a number of management changes in the last two years.
Normal operations are expected to resume by later on Thursday afternoon, the spokesman said.
Borouge is a joint venture between state-owned Abu Dhabi National Oil Company and Austria’s Borealis.
The Abu Dhabi Financial Centre will have its own administration, court system and tax incentives to attract banks and companies from around the world.