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More Abu Dhabi business licences being issued

New business licences in Q2 2019 up 44 per cent from same period in 2018

Banks close to hiring adviser for debt talks with Abu Dhabi’s Gulf Marine Services

London-listed GMS had $400m in total net debt at the end of last year

Abu Dhabi’s TAQA exceeds one million barrels per month in Iraqi Kurdistan oil field

Since beginning production in 2017, Atrush has extracted about 17 million barrels of oil from the field

Abu Dhabi developer Imkan appoints main contractor for Pixel project

Completion of the project, which will feature seven towers, has been pushed back from Q4 2020 to Q4 2021

First utility-scale wind farm in GCC begins producing power

The Dhofar wind farm in Oman has begun generating electricity

Abu Dhabi’s Etihad says it will not express interest to reinvest in Jet Airways

Etihad acquired a 24 per cent stake in Jet in 2013

Abu Dhabi’s Etihad partners with Swiss blockchain platform Winding Tree

Several airlines and hotels that have partnered with Winding Tree to bypass intermediaries using the distributed ledger technology

Saudia begins operating daily flights from new Jeddah airport to Abu Dhabi

Abu Dhabi was one of Saudia’s first international destinations from Jeddah’s new airport

Aldar posts 7% rise in Q2 profit, says sentiment up for Abu Dhabi property market

The developer reported a net profit of Dhs476m for the second quarter

Abu Dhabi’s ADNOC acquires stake in VTTI oil storage business

VTTI owns 15 terminals located at major hubs across 14 countries

Abu Dhabi’s Etihad to fly Dreamliners to Jakarta, Maldives

The airline’s two daily services from Abu Dhabi to Jakarta will be operated on a year-round basis by a two-class Boeing 787-9

Abu Dhabi’s Kizad waives fees for 75% of its services

Fees for a “significant number” of the remaining services will also be reduced

Abu Dhabi to grant licences to companies for renting out electric scooters

The service will be available in the pedestrian and bicycle paths in Corniche and Khalifa Street during the first phase

Singapore’s sovereign wealth fund to invest $600m in ADNOC’s crude pipelines

The deal will take the combined lease-based investment of GIC, ADRPBF, KKR and BlackRock in the ADNOC’s pipeline infrastructure to $4.9bn

Abu Dhabi’s Etihad to launch fourth daily service to London

The new service will launch in October to meet growing demand on the route

Abu Dhabi’s Mubadala says assets grew by 80% to $229bn in 2018

The results are the first since Abu Dhabi Investment Council (ADIC) joined Mubadala last year

Abu Dhabi Commercial Bank Q2 profit falls 11% on lower income

This is the first combined proforma financials after ADCB merged with Union National Bank and Al Hilal Bank

Abu Dhabi confirms that four road toll gates will be operational from October

The toll fee will be Dhs4 for every pass during peak hours from Saturday to Thursday

UAE and Indonesia sign oil and gas agreement

The agreement includes consideration of fuel retail opportunities in Indonesia

Abu Dhabi planning to introduce salik road tolls soon – reports

Toll gates will reportedly be operational in four locations starting October

Abu Dhabi’s ADNOC, China’s Wanhua Chemical sign deal potentially worth $12bn

They signed an agreement to collaborate in the downstream sector and for a shipping joint venture

Oil sector lifts Abu Dhabi’s Q1 GDP by 5.7%

The emirate’s GDP totalled Dhs207bn ($56.4m) in the first quarter

Trials begin at Abu Dhabi’s new Midfield Terminal ahead of expected opening this year

The terminal will have the capacity to handle more than 8,500 people per hour when it opens

Abu Dhabi shares surge on FAB’s strong earnings

First Abu Dhabi Bank reported a 5 per cent increase in net profit for the second quarter

UAE’s largest lender First Abu Dhabi Bank posts 5% rise in Q2 profit

The lender said it expects mid-single digit profit growth and high-single digit growth in loans for 2019

Bus carrying 52 pilgrims from Makkah crashes in the UAE

The accident took place on Abu Dhabi’s Sheikh Khalifa Bin Zayed Road

Abu Dhabi’s ADNOC hires BAML, Mizuho for natural gas pipelines deal

Sources estimated the value of the gas pipeline assets at around $12 to $15bn

Abu Dhabi financial centre ADGM issues regulations for robo-advisers

Robo-advisors provide investment management services using algorithm-based tools and technology

Abu Dhabi’s Aldar offers post-handover payment plans to investors

The new plans will offer investors a full waiver of registration fees and longer payment schedules for six developments

Abu Dhabi sovereign fund ADIA to boost active investments in fixed-income

ADIA has been reducing its reliance on external fund managers and boosting in-house investment capabilities