#Abu Dhabi

Aldar launches new luxe villa community on Yas island

Aldar unveils new luxe villa community on Yas island

According to the developer, 151 four-, five-, and six-bedroom canal-front and canal-accessible villas will be available to buyers from September 13 

flynas launches flights to abu Dhabi and Sharjah Image flynas

Saudi’s flynas launches flights to Abu Dhabi, Sharjah

The airline recently announced its expansion plan to add eight new destinations and routes to its UAE network

Abu Dhabi, Dubai launch unified parking permit system

Abu Dhabi, Dubai launch unified parking permit system

The electronic platform establishes a centralised database for parking permits issued to people of determination in Abu Dhabi and Dubai

Abu Dhabi's MAIR Group poised to list shares directly on ADX

ADX sees ETF trading net Dhs1.86bn from Jan to Aug

The exchange reported a trading volume of approximately 450.7 million ETF units across 19,853 transactions during this period

ADQ joins forces with ne’ma to combat food waste

Abu Dhabi fund ADQ joins forces with ne’ma to combat food waste

ne’ma drives policy change and initiates projects to address the root causes of food waste

Abu Dhabi - ADREC

ADREC: Abu Dhabi launches rental index

The rental index, accessible via the ADREC website, offers reliable and up-to-date data on residential, commercial, and industrial properties

ADGM says company registrations up 31% in H1 2024

ADGM says company registrations up 31% in H1 2024

The financial hub issued 1,271 new licences in H1 2024, a 20.5 per cent increase compared to the corresponding period a year ago

ADNOC Group’s listed units post Dhs89bn in combined H1 2024 revenue

ADNOC Group’s listed units post Dhs89bn in combined H1 2024 revenue

The robust performance reinforces the companies’ foundation for sustained growth as they continue to execute individual strategies

Izmir port

Abu Dhabi in talks with TWF for $500m Izmir Port deal: Reports

Izmir Port, part of the the Turkish Wealth Fund portfolio, is among the largest ports in Turkey in terms of container volume

ADNOC GAS reports Q2 2024 results Habshanstaff

ADNOC Gas Q2 net income rises 21% to $1.19bn

The company’s revenues for the quarter reached $6.8bn, up 13 per cent YoY, marking the third consecutive quarter with revenues exceeding $6bn

Etihad reports record $232m profit in H1 2024

Abu Dhabi’s Etihad posts record $232m half-year profit

The national airline carried 8.7 million passengers in the January-June period, a 38 per cent increase compared to the same period last year

Abu Dhabi fund Mubadala’s assets surge to $302bn

UAE real estate market thrives in Q2 2024: Key highlights

The UAE real estate market’s continued growth across the emirates is being driven by strong economic fundamentals, government initiatives, and strategic investments, according to Asteco’s latest report

Abu Dhabi’s IHC reports 18% jump in first half profit

Abu Dhabi’s IHC reports 18% jump in first half profit

The holding firm’s financial position is backed by its total assets of Dhs362.9bn as of June 30

IHC launches Rorix Holdings GettyImages-1278411757

IHC’s new firm Rorix Holdings to accelerate trade

The new company will provide comprehensive services and advanced solutions designed to accelerate trade volumes, attract foreign investment, and promote economic partnerships

rain-abu dhabi

UAE: Weather alert issued by NCM as rain, dust storm hits emirates

The NCM warned motorists and residents to exercise caution in areas seeing heavy rainfall

Emirates Park Zoo and Resort

From vision to reality: The transformational journey of Emirates Park Zoo and Resort

The Emirates Park Zoo and Resort has evolved from being a modest petting zoo to being home to over 220 wildlife animals

Mohammed Yahya, UAE’s first UFC fighter gears up for Aug 3 showdown

Mohammed Yahya, UAE’s first UFC fighter, gears up for Aug 3 showdown

Mohammed Yahya, the first Emirati fighter in the UFC, says he is all set to take on Brazilian Kaue Fernandes in Abu Dhabi on August 3, at the Etihad Arena

Alpha dhabi reports H1 2024 results Image courtesy WAM

Alpha Dhabi reports Dhs6.7bn in net profit for H1 2024

Despite a decrease in total gains to Dhs2bn, attributed to the de-recognition of PureHealth in 2023 and the adoption of corporate tax in the UAE, the group’s overall net profit remained strong

Abu Dhabi's Sanad, Airbus announce partnership for MRO services

Abu Dhabi’s Sanad, Airbus announce partnership for MRO services

The agreement covers the Rolls Royce Trent 700, International Aero Engines V2500-A5 and CFM LEAP-1A engine platforms

Aldar group reports robust h1 2024 performance image-Aldar

Aldar net profit surges 57% in H1 2024, revenue up by 73%

The company achieved a revenue of Dhs10.9bn, up 73 per cent YoY and EBITDA of Dhs3.9bn

The co-CEO says Abu Dhabi’s strategic location, aviation infrastructure and robust regulatory framework, presents unparalleled expansion opportunities

James Farley on how Victor is revolutionising business aviation

The co-CEO says Abu Dhabi’s strategic location, aviation infrastructure and robust regulatory framework presents unparalleled expansion opportunities

Abu Dhabi real estate market trends for H1 2024 according to Bayut's findings Image_Getty Images

Abu Dhabi property market soars in H1 2024, shows new report

According to Bayut’s report, Abu Dhabi real estate market demonstrated a strong performance in H1 2024, making it an attractive option for local and international investors

Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects

Masdar raises $1bn through second green bond issuance

Investor demand was strong, with the order book peaking at $4.6bn, representing an oversubscription rate of 4.6 times

CFI joins forces with DCT Abu Dhabi to sponsor local events

CFI will support key events such as the NBA Abu Dhabi Games and the USA Basketball Showcase, which bring top-tier NBA and international basketball to the region.

Sanad Facility -Mubadala owned Sanad reports robust growth in H1 2024

Sanad growth soars in H1, expects revenue to hit Dhs4.5bn by year-end

Sanad projects a significant jump to Dhs4.5bn by year-end, reflecting a 28 per cent increase over 2023 and double the revenue of 2022

Abu Dhabi

5 reasons why Abu Dhabi and Dubai feature in world’s top smart cities index

The UAE capital climbed three places to secure 10th position, while Dubai also improved its standing, moving from 17th to 12th place among 142 cities worldwide

ADGM

Abu Dhabi’s ADGM announces major licence fee reduction for multiple sectors

The revised fee structure will apply to all categories of licences and will be effective from the start of next year

Abu Dhabi GDP

Abu Dhabi GDP growth hits 3.3% in first quarter of 2024

Non-oil activities now contribute 54.1 per cent to Abu Dhabi’s economy—the highest since 2015

Global energy firms take 40% stake in ADNOC LNG plant

ADNOC’s Ruwais LNG sells 40% stake to Shell, Total, BP, Mitsui

The state energy giant said it now has buyers lined up for 70 per cent of the plant’s 9.6 million-tonne annual production capacity

Abu Dhabi: ADX lists Lunate's Chimera JP Global Sukuk ETF

Lunate’s Chimera J.P. Morgan Global Sukuk ETF lists on ADX

The ETF offers investors access to a diversified portfolio of Shariah-compliant corporate and government sukuks across several global markets