Mid-market brand targets connection-oriented business travellers
John Sexton, the president of one the world’s top universities, explains why he decided to expand to Abu Dhabi.
Hector Sants will advise the Abu Dhabi Global Market (ADGM) on the creation of its regulatory framework and its strategy.
The reduction is down to Aldar using some of the money due from Abu Dhabi’s government to repay debt, its CFO said.
The facility, arranged by Goldman Sachs and Qatar National Bank for B. R. Shetty, will last for 18 months, according to one of the sources.
The move comes after days of stock market falls across the Gulf region in response to slumping oil prices.
The museum, anticipated to be ready by December 2015, will encompass 9,200 square metres of art galleries.
The Abu Dhabi-based airline is expanding its US network as it looks to tap into the growing business and trade links between the US and the UAE.
Al Yah Satellite Communications Company (Yahsat) will raise around $500 million through a mixture of debt and equity, a source said.
The two airlines will share services on 49 routes, more than double the previous number, state-owned SAA said in a statement today.
The launch of Abu Dhabi Global Market (ADGM) comes as the emirate seeks to diversify its economy away from oil and gas.
Abu Dhabi’s Aldar Properties plans to extend maturities on its obligations, its chief financial officer Greg Fewer said.
The private jet operator aims to operate a fleet of 20 aircraft by 2020.
Freehold residential rents rose by 2.7 per cent between Jan-Sept, compared to nine per cent during the same time in 2013.
The group is opening three new hotels in the Iraqi city of Erbil and a new hotel in Saudi Arabia, its chief executive said.
Credit reform is well underway in the UAE with the Al Etihad Credit Bureau becoming fully operational.
The suspect has been identified as a 38-year-old Emirati woman.
Waha said it would use the $532 million of funding provided by the December deal for new investments.
An American woman was fatally stabbed in the toilet of an Abu Dhabi mall on Monday.
New route marks first connection between UAE and German city
Police are investigating the case and are on the lookout for the suspect.
The District on Saadiyat island, is being developed by TDIC along with L Real Estate.
The movie, which will be released in December 2015, was partly filmed in Abu Dhabi earlier this year.
Spread across 198 sqm, the Lego certified store is located in the newly opened Yas Mall.
The plant, which is BRF’s largest outside South America, will have production capacity of approximately 70,000 tonnes of food products a year.
A stock market announcement on Nov. 11 said Aabar had become Arabtec’s largest shareholder after hiking its stake to 34.93 per cent through the purchase of shares from Ismaik.
The restaurant will span across 14,000 square foot and will have a network of 30 individual roller coaster tracks that loop, spiral and spin around diners to deliver the menu and food to tables.
The recently-opened Al Etihad Credit Bureau aims to serve as a safeguard against a repeat of the credit bubble.
Qatar’s index rose 0.3 per cent while Abu Dhabi’s benchmark edged up 0.1 per cent.
Hamilton went into Sunday’s race 17 points clear of team mate Nico Rosberg but with the German on pole position and an unprecedented double points on offer.