The agreement will see Aldar develop a five-star hotel, featuring 165 luxurious guest rooms and suites, including the rooftop Nobu Villa
Abu Dhabi Airports expects to close 2022 with over 15 million passengers
The airport is expected to accommodate up to 185 million passengers and process 3.5 million tons of cargo by 2050
The first cargo is currently being shipped aboard the Pacific Sarah tanker
The resumption of services marks the airline’s sixth destination in Saudi Arabia
The airline expects to invest Dhs100m over next three years as part of retail strategy
The plan would create new channels of economic cooperation between business communities in Dubai and worldwide markets
The company is planning to sell 50 million shares, or a nearly 30 per cent stake
Among the policies welcomed by the agency were expenditure cuts and a doubling of value-added taxes in January
More than 80 per cent of Abu Dhabi’s outlets, including the main retail shops, are committed to levying voluntary fees
Israel exported $188m in rough diamonds to the UAE in 2021, and that number is set to grow after the nations signed a free trade deal in June
The Ministry of Human Resources and Emiratisation has identified these violations as part of a newly announced resolution
Crude has declined this month, overturning the gains made in October
The matches will be streamed live on Etihad’s E-BOX entertainment channels Sport 24 and Sport 24 Extra
The UAE is one of Poland’s largest trading partners in the region, with non-oil trade reaching $1.3bn in the first 9 months of 2022
Saudi Aramco is aiming to sell 50 million shares – a 29.7 per cent stake – in the company
The plant, set to open in 2025, will serve Saudi Arabia and export markets in the Middle East and North Africa
Americana will be the first company to have its shares traded in both Riyadh and Abu Dhabi
Abu Dhabi’s non-oil GDP grew to Dhs273bn, contributing more than 50 per cent to the emirate’s real GDP
The new launch date remains contingent on the weather status and other conditions
The transaction marked the largest issue size in international capital markets by a GCC bank since February 2022
Tim Clark said Emirates flights to Asian destinations that have already reopened are essentially full
The awards celebrated stalwarts and companies from across the region’s business landscape
COP28, which will be hosted in 2023 at Expo City Dubai, will welcome high-level participation including over 140 heads of state and government leaders, 80,000 delegates and more than 5,000 media professionals
Guests will be able to travel to Istanbul at fares starting at Dhs1,995 for economy class and Dhs11,995 for business class
He stressed that ‘We The UAE 2031’ represents a national plan through which the UAE will continue its development path for the next 10 years
The carrier’s second daily flight will operate directly between the two cities, except during December 16-30, when the Dubai-Colombo service will stop over in Male
The Public Investment Fund is in talks with Singapore’s GIC Pte to jointly fund up to 800bn won ($591m) ahead of Kakao Entertainment’s initial public offering due next year
The purchase agreements with local and global manufacturers are valued at $11bn, and will reinforce supply chain resilience
The agreement builds on the Masdar-Turkmenistan MoU signed last year for development of renewable energy projects