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Contract awarded for Dhs5bn Jubail Island project in Abu Dhabi

Enabling works are scheduled for completion in January 2020

Abu Dhabi’s Aldar Properties posts 17.3% drop in Q1 profit

The developer plans to spend Dhs2.75bn in 2019 for residential and some commercial projects

Etihad submits bid for India’s Jet, eyes minority stake

The struggling Indian airline is saddled with roughly $1.2bn in bank debt

UAE’s TAQA Q1 profit drops by close to 95%

Profits were hit by foreign exchange losses and revaluation of U.S power assets

Abu Dhabi’s Gulf Capital, Waha Capital have held early merger talks

The talks have taken place over the last few months and may or may not lead to a deal

Ferrari World Abu Dhabi to offer free weekend entry during Ramadan

Other parks in Yas Island including Yas Waterworld and the recently opened Warner Bros have also revealed Ramadan offers

Etihad says reduced 148,000 tonnes of carbon emissions in 2018

The savings are equivalent to the removal of over 10,200 cars from the road, the airline said

Abu Dhabi launches $145.7m venture capital, start-up fund

The fund has been set up as part of the Abu Dhabi government’s Dhs50bn stimulus initiative Ghadan 21

JCDecaux wins 10-year advertising contract for Abu Dhabi’s new Midfield Terminal

Abu Dhabi’s Dhs10bn Midfield Terminal is slated to open by the end of this year

Abu Dhabi’s ADCB’s Q1 profit falls 5%, sees cost synergies from three-way merger

ADCB finalised the bank’s integration with Union National Bank and Al Hilal Bank last week

Abu Dhabi announces reduced timings for private schools during Ramadan

Schools in the UAE capital will stay open for five and a half hours during Ramadan

Etihad to operate five daily flights to London Heathrow during summer

The additional flights will be operated by a two-class Boeing 787-9 Dreamliner

Abu Dhabi’s Etihad to add second daily flight to Moscow for six months

The new service will begin in October

Abu Dhabi palace Qasr Al Watan will be closed for a week for Ramadan

The palace will stay open for shorter hours during the holy month

Abu Dhabi banks ADCB, UNB and Al Hilal merge to create third largest UAE lender

The enlarged ADCB group, listed on ADX, has Dhs423bn in assets and over one million customers

Abu Dhabi’s ADNOC Distribution posts 6.6% jump in first-quarter profit

ADNOC Distribution said net cash generated from operating activities decreased in the quarter

New economy class seats – with no TV screens – unveiled by Abu Dhabi’s Etihad

Passengers can view inflight entertainment by using their own devices

KKR, BlackRock raising $3bn for ADNOC pipeline deal

Abu Dhabi’s ADNOC sealed the $4bn pipeline deal in February

Foundation stone laid for Abu Dhabi’s first Hindu temple

The temple is estimated to cost up to Dhs450m, and is expected to be completed by 2020

Abu Dhabi’s property market ‘has become more affordable’

There’s not a huge amount of new supply expected to enter the market this year or the next

Abu Dhabi allows foreigners to own freehold properties in investment areas

Previously, foreign investors in Abu Dhabi were largely restricted to 99-year leases

Abu Dhabi’s ADGM regulator fines Eshara Capital and its CEO for breach

The investment fund and its CEO were individually fined $10,000 for failing to submit audit reports on time

Etihad Airways Group CFO departs amid turnaround plan

Powers, who joined in January 2018, resigned for personal reasons, the airline said

Abu Dhabi residential prices, rents continue falling in Q1

Property prices in the UAE capital were down 12.2 per cent compared to Q1 last year, finds new report

Abu Dhabi stock market hits multi-year high on FAB’s foreign ownership limit increase

Foreigners will be allowed to own as much as 40 per cent of FAB stock from a previous limit of 25 per cent

Abu Dhabi fund Mubadala opens second US office in New York

The New York office will focus on financial services and private equity

In pics: Mega Dhs5bn Jubail Island development launched in Abu Dhabi

The project, designated as an Abu Dhabi investment zone, aims to house over 5,000 residents once complete

Etihad to deploy Dreamliner jets to Johannesburg, Lagos and Milan

The Dreamliner jets will replace the Airbus A330s currently operating the three routes

Abu Dhabi’s Mubadala to sell 30-40% stake in Cepsa to Carlyle

The deal values the Spanish company at an enterprise value of $12bn

Abu Dhabi orders prompt payments to construction contractors and suppliers

Contractors and suppliers will also have to pay subcontractors within 30 days of receipt of government payments