The acquisitions will give the Abu Dhabi maritime logistics firm access to Navig8’s fleet of 32 tankers and global footprint across five continents
The kingdom is turning to the debt market to find alternative funding sources to cover an anticipated fiscal shortfall of about $21bn this year
These developments across Abu Dhabi promise state-of-the art amenities combined with a lifestyle that blends nature, culture, and access to domestic and international cities
The ban targets avoidable, single-use consumer products made of expanded polystyrene
The financial hub said the total number of operational entities jumped by 30 per cent to reach 1,950
Abu Dhabi authorities have announced a slew of initiatives to make paying off traffic fines easy
The wealth fund reported proceeds of Dhs99bn in 2023, which includes divestments of certain legacy assets and capital recycling
The ETF market will contribute to bolster “Abu Dhabi’s plan to diversify its economy and attract more investors to its financial centre
According to JLL, in Q1, around 10,000 units were delivered in Dubai and 1,600 in Abu Dhabi, marking strong growth in the UAE’s residential sector
The approval comes as Mubadala agreed to let Fortress commit to keeping technology and data in the US
The airline carried 4.2 million passengers in the January-March period, while passenger revenue came in at Dhs966m
The 10-year issuance marks Aldar’s second green sukuk, following its inaugural $500m sukuk issued in May last year
The initiative is the first of its kind in the region and seeks to address the escalating concern of light pollution by presenting a blueprint for responsible lighting practices
The trials were part of an exhibition by the Multi-Level Group, as part of the Abu Dhabi Mobility Week that took place last week
The holding company reported a year-on-year revenue hike of 22.5 per cent in Q1 2024, reaching a record Dhs19.3bn
SHA Emirates will feature an international wellness clinic and residences that reflect a transformative approach to healthy living
The announcement comes just ahead of a June 1 meeting in Vienna of the OPEC+ alliance
Leveraging favourable market conditions and investor appetite, ADQ’s bond issuance garnered significant interest
The Presidential Court declared a seven-day official mourning period for Sheikh Tahnoun bin Mohammed with flags flown at half-mast
Both Abu Dhabi and Dubai police have advised motorists to exercise caution while driving, especially in adverse weather conditions
The company’s UAE subscriber base grew 4.5 per cent annually to 14.5 million while aggregate subscribers rose by 5 per cent to 173 million
The NCM said a low pressure system will bring inclement weather from the west by Wednesday night which will bring rain and thunderstorms to most parts of the UAE
The agreement aims to develop a full air taxi ecosystem, including training, infrastructure and flight operations, as well as a manufacturing presence in Abu Dhabi
By leveraging the combined strengths of Bayanat and Yahsat, SPACE42 aims to pioneer innovative solutions that merge satellite communications, geospatial intelligence, and AI
The addition of the A380 service demonstrates Etihad’s strategy to meet the burgeoning demand and expand its network in the US
The emirate is rated “Aa2” by Moody’s and “AA” by both S&P and Fitch Ratings
The new daily service caters to the growing demand for further flights connecting the global tourism and business hubs of London and Abu Dhabi
The latest data from the statistics authority shows that non-oil foreign trade grew by more than Dhs281.9bn in 2023
Large storms, buoyed by a low pressure cell, swept into the UAE on Tuesday, sparking off widespread flooding
Adverse weather conditions may persist into Wednesday morning with convective clouds over coastal areas