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Abu Dhabi’s crown prince is new chairman of investment fund ADIC

Sheikh Mohammed bin Zayed al-Nahyan replaces President Sheikh Khalifa bin Zayed al-Nahyan at the head of the fund

Dubai among world’s top 25 most expensive cities

Dubai and Abu Dhabi were also ranked most expensive cities for expats in the Middle East, according to a new survey

Abu Dhabi records 20% rise in visitors in first four months of 2015

Over 1.3 million guests stayed in the emirate’s hotels and hotel apartments

Reem Island accused’s lawyer calls non-muslim witness accounts ‘invalid’

Alaa Bader Al Hashemi is charged with the murder of American schoolteacher Ibolya Ryan and for planting explosives at the doorstep of another resident

Etihad starts daily flights to Hong Kong

The new service will offer a total of 3,620 seats per week between Hong Kong and Abu Dhabi

UAE’s NMC Health seals latest buy with $160.6m ProVita deal

NMC will acquire 100 per cent of ProVita for cash from TVM Capital Healthcare Partners, Saudi Arabia’s Olayan Group, Al Zarooni Emirates Investment and other minority shareholders

Etihad Airways eyes $1bn through debut bond issue

The Abu Dhabi airline is planning to launch its bond through a unit or special purpose vehicle

Abu Dhabi’s new financial freezone starts accepting licence applications

Abu Dhabi Global Market is preparing for its launch in the second half of 2015

Emirates Global Aluminium says to cut 4% of workforce

The move, which would see around 250 support positions eliminated, is aimed at creating a leaner entity and increasing competitiveness.

Abu Dhabi ruler issues law to regulate property market

According to the decree, all real estate developments must be registered with the government along with sales transactions listing the buyer.

Abu Dhabi’s Royal Jet gets $117m loan to fund aircraft buys

The two Boeing 737-700 BBJ aircraft are due for delivery in September and December

UAE’s Masdar in talks with Germany’s RWE on green energy projects – source

RWE’s CEO Peter Terium had said earlier that the company was in talks with an Abu Dhabi investor regarding joint renewable energy projects, but declined to reveal its identity.

Abu Dhabi airport passenger traffic up 15.5% in April

The busiest routes in April were London Heathrow, Bangkok, Manila, Doha and Mumbai.

Etihad Airways in expanded codeshare deal with Air France-KLM

The two carriers will share codes on more flights starting this year, opening more European cities to the Abu Dhabi-based airline’s customers.

Mubadala GE joint venture says looks at options for future structure

The joint venture was studying options in the wake of the U.S. conglomerate’s decision to exit most of its GE Capital operations.

With oil low, wealthy Abu Dhabi tightens belt a notch

Less money is going towards high-profile investments abroad and there is a renewed emphasis on developing the domestic economy, bankers and businessmen say.

Etihad-backed Alitalia unveils new cabins, services and livery

Seats and services are now more closely aligned with partner Etihad.

Etihad starts Boeing 787-9 Dreamliner services to Brisbane

The service will replace Etihad’s daily one-stop flight via Singapore.

Abu Dhabi fund ADIA manages more of its billions in-house

The proportion of its assets managed by external fund managers fell to 65 per cent last year from 75 per cent in 2013, the authority said.

Etihad Airways rejects subsidy claims, attacks U.S. airline ‘oligopoly’

The Abu Dhabi airline said U.S. Open Skies policy did not prohibit airlines from receiving shareholders loans.

Solar Impulse 2 forced to land in Japan

Poor weather conditions forced the plane to land in Nagoya, officials said.

Etihad starts A380 services to Sydney

The A380 will now operate one of the airline’s two daily services between Sydney and Abu Dhabi.

UAE bank ADIB eyes capital-boosting measures to back growth

The bank will convene shareholders soon to vote on a rights issue worth Dhs504 million and raise its sukuk limit to $3 billion from the existing $2 billion ceiling.

Etihad posts 52.1% rise in 2014 net profit on strong passenger growth

The airline carried 14.8 million passengers in 2014, an increase of 22.3 per cent year-on-year.

Etihad to support 23,400 jobs, add $2.9bn to US economy in 2015 – study

By 2020, the airline will have committed $41 billion to the US’ GDP, an Etihad-commissioned study by Oxford found.

Abu Dhabi fund ADIA names Pandtle head of US internal equities

Pandtle, who previously worked at Eagle Asset Management, will oversee the management of US-focused equity portfolios run by the fund.

New Bollywood movie ‘Dishoom’ to film in Abu Dhabi

The movie, starring John Abraham and Varun Dhawan, is scheduled to film in the emirate in late 2015.

Reem Island murder suspect’s mental illness claims disproved in court

Alaa Bader Al Hashemi was sent for a medical examination after she claimed to be suffering from a mental illness.

Abu Dhabi eyes golf tourism to increase visitor numbers

The emirate is establishing a new committee to promote its golf tourism ambitions.

Abu Dhabi Islamic Bank eyes UAE expats as industry growth slows

UAE banking sector revenues rose nearly 14 per cent last year but expansion shows signs of decelerating due to factors including oil price drop and a cooling of real estate markets.