Each lender has formed a working group to “review the commercial potential” of a merger
The possible merger could be made as soon as this month
Ahmed Saeed al-Calily will oversee Mubadala’s energy portfolio, which includes Mubadala Petroleum and Masdar
Second phase of the Dhs 6bn project to go on sale on June 18
The fee will be imposed on passengers from July
Etihad Flight College will be the world’s first flight school to use the Phenom 100E in the initial phase of training
Marwan Saab, chief creative officer of the newly launched platform TV.ae, is hoping to bring to bring a new generation of Arabic talent to the regional and international stage
City Football Group chairman Khaldoon Al Mubarak has discussed the company’s future aspirations
In a rare interview, Khaldoon Al Mubarak reflected on the past performances of the Abu Dhabi-owned club and discussed what the future holds
The chairman of the emirate’s Department of Economic Development said he expected the plans to be revived amid positive economic growth predictions
Edward LaFehrhe was the company’s highest ranking executive after the CEO position was made defunct
The first phase of the golf and waterfront development includes 512 units
The airline and its partners will support over 91,000 jobs this year, finds Oxford report
Guests will have to pay a municipal fee of 4 per cent of their bill and a Dhs 15 charge per night
The steel structure of the Midfield Terminal Building roof is now complete
The UAE capital welcomed 1.96m passengers last month
The Antonov AN225 transported 160 tonnes of cargo from Kiev
The emirate is preparing for a long period of austerity as low crude prices put pressure on its economy
The theme park is all set to embark on the third phase of its expansion
Many companies in the Gulf are trying to cut costs as low oil prices slow economic growth
The firm has appointed new chief executives for six of its 18 operating units
First Gulf Bank cut close to 100 jobs in November
The firm has reported higher profits in nine of the preceding 10 quarters
The increase in deficit has been attributed to low oil prices and bonds could be issued later this week
The new fee is similar to Dubai’s 5 per cent housing tax
A new decree will levy a 4 per cent fee on hotel bills and a Dhs 15 room charge per night
Bloom Gardens will comprise 372 residential units when completed
Yas Acres will be home to 15,000 residents upon completion
Cluttons expects single digit declines for both markets by the end of the year
Located at the World Trade Centre mall in Abu Dhabi, it will open in 2017