The state-owned utility posted a net profit of Dhs106 million dirhams ($28.9 million) for the first quarter, compared with Dhs534 million for the year-ago period.
The MoU between the two airlines makes provision for reciprocal ‘earn and burn’ with frequent flyer programs
The 10 year loan facility will be used to develop the first phase of the residential compound
ADCB’s shares hit a 4-1/2 year high on Wednesday; the bank posted a five per cent increase in first-quarter net profit.
Abu Dhabi clean energy company Masdar has signed an MoU with UK’s GIB.
A study by the director of Abu Dhabi’s INSEAD business school warns homogenous teams at work can be dangerous.
The 30-year venture puts Shell in position to renew its role in the UAE’s largest onshore oil concession when that contract comes up for renewal next year.
Q1 2013 outshines the Q1 2012 figures in hospitality sector
Developers in Abu Dhabi are struggling to emerge from the property market collapse in 2009
LinkedIn connections are displayed on a map and members can enter search parameters.
The area, known as the Abu Dhabi World Financial Market, is scheduled to come up on the emirate’s Al Maryah island, say sources.
The UAE reinstated a visa waiver for Canadian citizens in April which it withdrew amid a dispute over landing rights more than two years ago.
The lender posted a net profit of Dhs903 million ($245.8 million) in the three months to March 31, up from Dhs861 million in the prior-year period.
The Abu Dhabi carrier is approved to buy 27.3 million shares at 754.74 rupees each on a preferential basis.
The emirate is rapidly developing new retail space, finds new report.
The company’s revenues totalled Dhs12.3 billion in 2012, up 7.2 per cent over the previous year.
The bank posted net profit of Dhs1.41 billion ($384 million) in the first three months of 2013.
UAE-based CAI has signed a long-term land rental agreement to operate in Kizad’s aluminium industrial cluster.
New round-the-clock, comprehensive facility targets more Dubai passengers
The Abu Dhabi lender is refinancing the renovation of the Parisian five-star hotel that is scheduled to re-open in May 2013.
People in the UAE recount their first reactions to the earthquake that hit Iran on Tuesday and sent shock tremors across the GCC.
Abu Dhabi Housing Authority has awarded Aldar the contract to build the villas in the emirate’s Al Falah area.
Etihad aims to tap into growing UAE trade flows and connect Serbian diaspora in Australia and US.
The fund made a profit of Dhs455 million in 2012, compared with a loss of Dhs3.2 billion in 2011.
Abu Dhabi-based Etihad is mulling the acquisition of a 49 per cent stake in the indebted Serbian airline.
The conglomerate is currently in the midst of a $4.5 billion debt restructuring.
The Abu Dhabi-based carrier is eyeing up a 24 per cent stake in the Indian airline, valued at around $330 million.
Techno Group Investment Holdings bought a 75 per cent stake in Turkish firm Dogu Tip for an undisclosed sum.
James Hogan, CEO of Abu Dhabi-based Etihad Airways says it is not about being the biggest, but about being the smartest.
Etihad passengers flying on Aer Lingus’ planes to New York and Chicago can now pre-clear US Customs and Border Protection in Dublin