#Abu Dhabi

AD Ports Group to operate Egypt’s Safaga terminal

AD Ports signs concession deal to operate Egypt’s Safaga terminal

The 810,000 square metre project will have a dock length of 1,100 metres and a depth of 17 metres

uae currency dirhams

Strong cash flows for UAE stocks in Christmas Day trade

UAE stocks in Dubai and Abu Dhabi recorded strong cash flows on Monday, surpassing Dhs1bn in market liquidity

Institutional investors were hungry for Dubai, Abu Dhabi Stocks in 2023

Institutional investors dominated the UAE equity market in 2023, capturing nearly 78 per cent of total trading activity on the Dubai and Abu Dhabi bourses

Sheikh Zayed Grand Mosque. (Source: WAM)

67 million visitors for Abu Dhabi’s Sheikh Zayed Grand Mosque

Ever since opening on 20 December 2007, the mosque has seen millions of visitors come to see the iconic building

GCC region M&A blazes trail as global deals decline

UAE’s Bayanat and Yahsat agree potential Dhs15bn merger

The merger is subject to regulatory and shareholder approvals and is expected to close in the second half of 2024

Abu Dhabi to ‘buy’ stake in key Turkish port: Reuters

ADPorts Group could invest in an entity established by the Turkey Wealth Fund to run the Aegean coast port of Izmir, reports Reuters

Abu Dhabi launches free Hala Wi-Fi across emirate

Abu Dhabi launches free Hala Wi-Fi across emirate

The initiative is provided in collaboration with UAE service providers and offers public Wi-Fi coverage in various locations

electric car

Charging ahead: 63% of UAE residents want to drive EVs by 2025

The vast majority of UAE residents are keen to make the switch to electric vehicles sooner rather than later, according to a new survey.

Abu Dhabi bourse, CASE join hands to boost cooperation

Abu Dhabi bourse, CASE join hands to boost cooperation

The go-live implementation is expected to take place early next year and once operational, investors will gain the ability to directly trade on both exchanges through licenced brokers

abu dhabi road closure

Abu Dhabi: 8 hour-long road closure for ADNOC marathon on Saturday

The ITC has released details of the closure that will follow the path of the marathon

PureHealth’s IPO attracts Dhs265bn in orders

PureHealth’s IPO attracts Dhs265bn in orders

The offering drew Dhs186bn in orders from professional investors within the UAE and the region

James Hartt, director at ad gaming on the growth of abu dhabi as a gaming and esports powerhouse

Insights: Abu Dhabi strengthens its status as a global gaming and esports powerhouse

More than 70 game developers and esports teams are now based in the UAE capital, and this is set to grow rapidly over the coming years

ADIO, Faraday Future partner to make electric cars in Abu Dhabi

ADIO, Faraday Future partner to make electric cars in Abu Dhabi

The company’s R&D centre in Abu Dhabi is aimed at accelerating the pace of AI and EV innovation for mobility applications

UAE Union Day 2023: Free parking, toll announced in Abu Dhabi

Free parking, toll announced in Abu Dhabi for Union Day

ITC said surface parking will be free during the holiday from Saturday, December 2, until 7:59 a.m. on Tuesday December 5

Etihad Rail and ADNOC to launch passenger train service in Abu Dhabi Image courtesy Etihad Rail

Etihad Rail: Abu Dhabi announces new passenger train service

Based on the agreement with Etihad Rail, ADNOC employees will be able to travel between Abu Dhabi and Dhannah via the railway network in the future

ETIHAD AIRBUS A380 SUPERJUMBO - to fly to NEW YORK

Etihad Airways to fly A380 on popular Abu Dhabi to New York route from April 2024

The US route becomes the second destination after London to enjoy the A380 experience since Etihad returned its superjumbo to the skies

Abu Dhabi International Airport - UAE megaprojects

Abu Dhabi Airports anticipates over 22 million travellers in 2023

Top international events and an increase in airport capacity is pushing up air passenger numbers

ADDED launches SME finance facilitator programme

ADDED launches SME finance facilitator programme

The programme aims to foster trust between SMEs and financial institutions, and lead to collaborative credit assessment

Daily Insider: Abu Dhabi Grand Prix a marvel for the UAE

The Yas Marina circuit has entrenched itself as one of the most important destinations on the F1 calendar — a feat that many cities could only dream of achieving.

NZ1 Masdar city's first net zero commercial building completed Image Masdar City

Introducing NZ1, the region’s first net zero commercial building

The building is designed to use 53 per cent less energy than conventional buildings and produce all of its annual energy requirements on-site

Etihad Airways plans to double passengers, fleet size by 2030

Etihad Airways plans to double passengers, fleet size by 2030

The carrier’s growth strategy signifies a pivotal turning point in the airline’s journey with a significant economic contribution to Abu Dhabi

PureHealth to list on ADX image ADX

Abu Dhabi-based PureHealth announces intention to list on ADX

Subject to obtaining regulatory approvals and other relevant considerations it is expected that trading on ADX will commence in December

Manchester City FC reports second year of record-breaking profits Image Supplied

Abu Dhabi-owned Man City reports robust profits

The club confirmed revenues of GBP712.8m and profits of GBP80.4m – nearly double that of the previous year’s record of GBP41.7m

The world's largest single-site solar power plant was unveiled by Masdar, EWEW and other partners Image EWEC X

UAE unveils world’s largest single-site solar power plant

The 2GW Al Dhafra Solar Power Plant – located 35 kilometres from Abu Dhabi city – was built in a single phase

UAE winter rain hits Dubai and other emirates. Image Getty Images Karim Sahib

UAE weather: Heavy rains lash Dubai, other emirates

Partly cloudy weather, with potential rain showers across the northern and eastern parts of the country and coastal areas, is expected on Saturday, November 18

ADNOC L&S nine-month net profit up 162%

ADNOC L&S nine-month net profit up 162%, announces interim dividend

The company’s board of directors approved an interim cash dividend of $65m (Dhs239m) for Q2 2023, equivalent to 3.2 fils per share

TAQA’s nine-month net income reaches Dhs15bn

TAQA Group posts Dhs15bn in nine-month net income

The company’s board of directors declared a third interim cash dividend for the year of 0.65 fils per share (approximately Dhs731m)

IHC quarterly revenue reaches Dhs14.2bn

IHC’s quarterly revenue reaches Dhs14.2bn

The group’s assets edged up by 3.3 per cent to reach Dhs235.6bn, compared to Dhs228bn a year earlier

Ad Ports Group acquires 10 offshore vessels for $200m HQ-e1680508778804

Abu Dhabi: AD Ports Group purchases 10 offshore vessels to bolster regional operations

AD Ports’ acquisition signifies an increase of around 20 per cent in offshore and subsea capacity for the group, boosting Middle East and Southeast Asia operations

IHC consolidates ‘green businesses’ assets under Sirius International

IHC consolidates ‘green businesses’ assets under Sirius International

The transaction represents the completion of a key milestone and is part of the conglomerate’s plans to grow Sirius into one of its key subsidiaries