#Abu Dhabi

Etihad Airways adds Boston to its US network

Etihad Airways adds Boston to its US network

The airline will operate flights to Boston four times a week with its Boeing 787-9 Dreamliner aircraft

Abu Dhabi's ADQ, IHC look to merge with Q Holding Image GettyImages-1366647006

ADQ, IHC Capital propose merger with Q Holding to create $12bn entity

The proposed transaction would create one of the largest real estate, hospitality, events and catering platforms in the region

as creative hub twofour54 to open new fim studio

Abu Dhabi-based twofour54 unveils ambitious plans to build film studio

Set to span over 100 acres, twofour54 Studios will be a next-gen, virtual production-ready, metaverse-enabled and fully-fledged production studio

Aldar Properties’ Q2 2023 profit jumps 52 to 354m

Aldar Properties’ Q2 2023 profit jumps 52% to Dhs1.3bn

The property giant’s development sales hit a record Dhs11.6bn in the three months to June 30, with 10 new project launches a year to date

Aldar boosts education portfolio investment to $368m

Aldar boosts investment in education portfolio to $368m

The expansion plan includes the establishment of Cranleigh Bahrain and the acquisition of Kent College Dubai and Virginia International Private School in Abu Dhabi

Abu Dhabi DMT announces H1 real estate transactions Image Abu Dhabi DMT

Abu Dhabi real estate sector records over Dhs46.33bn in deals in H1 2023

Al Saadiyat Island topped the list with transactions worth Dhs3bn, with Yas Island coming in at second place with transactions worth Dhs2.6bn

AD Ports Group boosts cooperation with Shandong Ports Group

UAE’s AD Ports Group boosts cooperation with Shandong Ports Group

Shandong Port will transport passenger vehicles from its ports in China to Autoterminal Khalifa Port, to be stored and displayed within facilities in KEZAD

UAE President’s brother Sheikh Saeed bin Zayed

UAE President’s brother Sheikh Saeed bin Zayed passes away

The Presidential Court declared a three-day official mourning period for Sheikh Saeed bin Zayed with flags flown at half-mast

Hub71 Wio Bank

Hub71, Wio Bank join forces to enhance banking for tech startups in Abu Dhabi

The partnership to streamline bank account processes for startup founders

Groundbreaking ceremony KEZAD Group Al Jazeera Steel-Products Image Kezad

KEZAD Group, Al Jazeera Steel Products break ground for Dhs250m rolling mill

The 450,000 tonnes per annum medium section mill will produce railway steel parts and other products

Man tests positive for MERS virus in UAE,

Man tests positive for MERS virus in UAE, WHO confirms

Abu Dhabi has increased monitoring for the virus to try to identify potential cases and raise awareness by hosting workshops

OYO to add 2000 apartments in Abu Dhabi

Hospitality tech firm OYO adds 2000 apartments in Abu Dhabi

The ready-to-move-in accommodations provide fully managed long-term housing rental spaces for professionals

Abu-Dhabi based Multiply Group invest in EIG GettyImages-1331237787

Air France to commence daily direct flights to Abu Dhabi from Paris

It will begin operations on the route from October 29, 2023

Abu Dhabi Real estate FDI see 363 per cent rise in H1 2023 Saadiyat Island_Image courtesy WAM

Abu Dhabi real estate sector attracts Dhs834m in FDI in H1 2023

This represents a robust rise of 363 per cent compared to the same period in 2022

Abu Dhabi Dhs10000 fine for non breaking fire safety rules Image GettyImages

Dhs10,000 fine for non-adherence of fire safety rules in Abu Dhabi

According to ADCDA, a fine will be imposed in case of the absence of a civil defence licence or a certificate of compliance with fire safety and prevention requirements

climate

UAE records 50.1 degrees C temperature in Al Dhafra region of Abu Dhabi: NCM

The highest recorded temperature in the country was 50.1 degrees C in Bada Dafas of Al Dhafra region for two consecutive days

Modi

Watch: India’s PM Modi lands in UAE, received by Crown Prince Sheikh Khaled bin Mohamed

Prime Minister Modi will hold talks with Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi

Abu-Dhabi based Multiply Group invest in EIG GettyImages-1331237787

Abu Dhabi-based Multiply Group invests $100m in EIG’s Breakwater Energy

This investment comes under Multiply+, the group’s sector-agnostic arm

Agthia Ventures launched Image Agthia Group

Abu Dhabi-based Agthia Group launches $54m CVC fund

The fund is stage-agnostic and will invest primarily in companies with clear product-market fit that are demonstrating revenue growth

EWEC secures four bids for 1,500MW Al Ajban solar project

UAE’s EWEC secures four bids for 1,500MW Al Ajban solar park

The solar farm will generate enough electricity to power approximately 160,000 homes across the UAE

Abu Dhabi Grand Prix

2024 Abu Dhabi Grand Prix dates revealed

The official announcement from Formula One Management confirmed that the Abu Dhabi track will host the final race of the season

Abu Dhabi’s ADQ, Canada’s BMO to acquire minority stakes in Sagard

ADQ, Canada’s Bank of Montreal to acquire minority stakes in Sagard

The transaction is expected to close in the third quarter, subject to regulatory approvals

EDGE expands portfolio with acquisition of Oryxlabs

EDGE expands portfolio with acquisition of Oryxlabs

The acquisition is expected to elevate the defence group’s portfolio of advanced technology solutions

Wio Bank, ADX partner to enable instant, digital IPO subscriptions

Wio Bank, ADX partner to enable instant, digital IPO subscriptions

The bank allows its customers to digitally create an investor number on the Abu Dhabi bourse and apply for IPO subscriptions

Aldar, IHC, ADNEC merge property, facilities management

Aldar, IHC, ADNEC merge property, facilities mgmt assets

The merger adds considerable weight to Aldar Estates, taking its portfolio of residential units under management to approximately 135,000

AD Ports Group completes acquisition of Noatum

AD Ports Group completes acquisition of Spain’s Noatum

The landmark deal brings together two major industry players to form a global powerhouse in the trade and logistics industry

ADNOC awards Petrofac $700m contract for gas project

ADNOC awards $700m contract for gas compressor plant

The new gas compressor plant is expected to substantially increase ADNOC’s gas output from the Habshan Complex

UAE national banks provide $201bn in financing by April

UAE national banks provide $201bn in financing by April

The banks increased their credit balance by Dhs2.1bn or 0.3 per cent in April 2023, up from Dhs735.2bn a month earlier

Abu Dhabi, Dubai property market upbeat on both demand and supply side

Real estate Services Company Asteco’s CEO, HP Aengaar shares the highlights of Abu Dhabi and Dubai’s property market in the first quarter of the year and the outlook for demand and supply in the upcoming months

Guests Enjoying Eid Al Adha Fireworks Image DCT Abu Dhabi

Eid Al Adha 2023: Watch fireworks for free in Dubai, Abu Dhabi at these places

Eid Al Adha fireworks are being staged across Dubai and Abu Dhabi, with some locations featuring firework displays for up to five nights