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Tag Archives: Abu Dhabi

Israel’s Mossad chief visits UAE for security talks

Israel’s Mossad spy agency chief Yossi Cohen visited the UAE for security talks on Tuesday, only days after the countries agreed to establish diplomatic ties. The head of Israel’s foreign intelligence service discussed “cooperation in the fields of security” with the UAE’s national security advisor, Sheikh Tahnoun bin Zayed Al-Nahyan, …

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Housing loans made available by UAE government

Upon the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Abu Dhabi Executive Council, has ordered to disburse the second instalment …

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Etihad Airways celebrates Boeing 787-10 to Shanghai

Etihad Airways, the national airline of the United Arab Emirates, has celebrated the deployment of the Boeing 787-10 Dreamliner on its daily scheduled services to Shanghai by hosting an ‘Abu Dhabi Night’ reception, at the Bellagio Shanghai. The event was attended by leading figures from the UAE and local government …

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Abu Dhabi issues fines for Ramadan violations

The Abu Dhabi Department of Economic Development, ADDED, issued 100 fines and 195 warnings to violators during its inspections of commercial facilities in Abu Dhabi during the holy month of Ramadan. Over 10,000 field inspections were carried out as part of the department’s consumer protection outreach, in which it verifies …

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Abu Dhabi Fund for Development launched $2.3 billion project

A high-level delegation from Abu Dhabi Fund for Development, ADFD, today attended the inaugural ceremony of the US$2.3 billion landmark infrastructure project of a high-speed train service connecting the cities of Tangier and Casablanca in Morocco. Inaugurated by King Mohammed VI of Morocco, the opening ceremony was also attended by …

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Abu Dhabi Diplomacy Conference opens

Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, today opened the Abu Dhabi Diplomacy Conference, attended by more than 300 high-profile personalities, thought leaders and practitioners from the fields of international politics, diplomacy and academia as well as the private sector. Held under the patronage of H.H. …

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Abu Dhabi scraps oil refiner Cepsa’s IPO

Abu Dhabi shelved plans for an initial public offering of a 25 per cent stake in Spanish oil refiner Cepsa as investors balked at the valuation amid a stock market rout. “Recent international economic developments have created uncertainty in international capital markets,” said Cepsa, which is controlled by Abu Dhabi’s …

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Dh50b accelerators plan for Abu Dhabi approved

His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, on Sunday announced the approval of a three-year Dh50 billion budget for the Abu Dhabi Government Accelerators Programme ‘Ghadan 21’. “Dh20 billion will be allocated to the 2019 development …

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Abu Dhabi index hits one-year high

The Abu Dhabi Securities Exchange index hit its highest level in a year due to continued buying in First Abu Dhabi Bank. The index reached its highest level in 52 weeks at 4,895.10, just 100 points shy of the psychological-level of 5,000. The index closed 1.61 per cent higher at …

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Adnic posts Dh150.5m net profit for H1 2018

Abu Dhabi National Insurance Company (Adnic)’s net profit grew 17.1 per cent in the first half of 2018, largely due to an increase in net investment income, results show. The Abu Dhabi-listed company posted a net profit of Dh150.5 million, during the six-month period ended June 30, compared to Dh128.5 …

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Abu Dhabi shortlists 25 firms for Taweelah water plant

The Department of Energy in Abu Dhabi is moving ahead with the construction of a reverse osmosis independent water project at Taweelah that will become commercially operational by 2022, officials said on Monday. The department shortlisted twenty-five companies in the initial phase, out of which one developer or a consortium of developers …

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Future of transport: From Dubai to Abu Dhabi in 12 minutes

An ultra-high-speed train that travels like a jet would significantly cut travel time between Dubai and Abu Dhabi to just about 12 minutes, from the current 90 minutes. This innovation, using a futuristic mode of vacuum tube-based transport, would lead to an estimated savings of $800 million in lost working …

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Abu Dhabi allocates Dh11b development aid for Ethiopia

The Abu Dhabi Fund for Development (ADFD) has allocated an economic aid package of Dh11 billion ($3 billion) for the Ethiopian government to support sustainable socioeconomic development in that country. The purpose of the funding from the UAE’s leading national entity for development aid is twofold, said a press release …

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Dh50b economic stimulus for Abu Dhabi approved

An economic package of Dh50 billion has been launched to accelerate the pace of Abu Dhabi’s development and economic growth over the next three years. The package was launched on Tuesday by His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of …

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Special Olympics set to light up Abu Dhabi

It was from the Bedouin camp in the desert that the ‘Flame of Hope’ had started its journey. And after travelling through the Emirate’s landmark sites and enlightening hearts in its way, it finally took centre stage at the Abu Dhabi National Exhibition Centre (ADNEC) on Saturday. In a glittering …

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Mohammad Bin Zayed receives Turkmenistan president

His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, Thursday received Gurbanguly Berdimuhamedow, President of Turkmenistan. During the meeting held at the Presidential Palace, Shaikh Mohammad and Berdimuhamedow held talks on ways to bolster bilateral relations, global developments …

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EGA, Abu Dhabi Ports in deal for efficient shipping

Abu Dhabi Ports will partner with Emirates Global Aluminium to upgrade ports and logistics infrastructure at international ports which EGA uses to load raw materials destined for the UAE. A Memorandum of Understanding in this regard was signed by Capt Mohammad Juma Al Shamsi, Chief Executive Officer of Abu Dhabi …

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No fee hikes at Repton School Abu Dhabi

The principal of Repton School Abu Dhabi said school fees have not increased since its inception in Abu Dhabi and are not expected to increase in the near future. “Our primary section has been open for five years and we have not increased our fees even once. And to support …

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Apartment rents rising in Abu Dhabi, say analysts

Rents for apartments in several communities in Abu Dhabi have gone up, defying the trend observed in the neighbouring city of Dubai, according to a new report. Property analysts said on Thursday that almost half of the apartment communities they tracked in the UAE capital experienced increases in asking rents …

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