Stephen Kersley has resigned and Ryan Wong will take over as acting head of finance effective October 1, the company said.
The U.S. dollar bond will be issued through a special purpose vehicle incorporated in the Cayman Islands.
The new service will add 1,904 new seats per week on the Abu Dhabi-Karachi route and improve weekly connectivity to other markets.
New facility allows premium passengers on early morning arrivals to freshen up before checking into their hotels
Prior to joining ADIA, Brian Tipple held the position of chief investment officer at U.S.-based Key Private Bank.
Waha Capital will use the money from the deal to repay debt and fund new investments, the company said in a statement.
Etihad clinched a deal last month to buy 49 per cent of lossmaking Alitalia for 1.76 billion euros.
The Shuweihat S3 power plant has an installed electrical capacity of 1,600 megawatts, and will be operated by Shuweihat Asia O&M Company (SAOM).
Following the transition, ADIB will serve over 700,000 customers across a network of 85 branches, 660 ATMs, internet and mobile platforms.
The tower, located in Marina Square on Reem Island, comprises 202 units that are ready for handover.
Occupancy rates across Abu Dhabi hotels also rose three per cent year-on-year in July while revenues grew by 14 per cent, official figures show.
Yas Mall, set to open in November, is slated to become the emirate’s first ‘super-regional’ mall.
MB UAE Investments will acquire 51 per cent and Al Madina Insurance Co will get 9.53 per cent of Islamic insurer National Takaful Co (Watania).
The emirate is holding a Chinese Visitor Summit to boost tourist numbers and guest nights.
Etihad CEO James Hogan says he supports the need for “absolute clarity” regarding its 33.3 per cent stake in Swiss carrier Darwin.
Switzerland’s Federal Office of Civil Aviation said that Darwin, rebranded as Etihad Regional, has until Sept. 30 to make changes to the agreement.
The 35-year-old woman was travelling to India from Nigeria via Abu Dhabi to seek treatment for advanced cancer.
Jesse Vargas discusses how he is fast-tracking the growth of the world’s only Ferrari –branded theme park.
Passenger traffic at Abu Dhabi International airport is expected to be higher still in the second half of this year, an official said.
The new equine service, called SkyStables, is being rolled-out across Etihad Cargo’s network of 44 freighter destinations.
The Abu Dhabi-owned oil explorer and power supplier said that the project does not match the company’s growth strategy.
TAQA reported a net profit of Dhs239 million ($65.1 million) for the second quarter compared with a loss of Dhs172 million a year earlier.
The company said that it expects to pay 2016 maturities from improved operational cash flow and asset sales.
The freighter business of Abu Dhabi carrier Etihad will operate twice weekly services to the Russian capital from August 13.
In addition to Etihad’s investment, which will pay for a 49 per cent stake in the Italian carrier, shareholders also agreed to a 300 million euro capital hike.
The deal foresees Etihad taking a 49 per cent stake in Alitalia and investing 1.2 billion euros ($1.6 billion) in the airline over the next three years.
Occupancy rates across the emirate’s hotel and hotel apartments reached an average of 77 per cent during the first six months of the year.
Ardian has made a bid on portfolios that Abu Dhabi Investment Authority (ADIA) is looking to sell, Bloomberg reported.
Revenue for the second quarter was Dhs2.19 billion, up 74 per cent year-on-year.
Etihad’s plans to take a 49 per cent stake in the Italian carrier has been held up by disagreements over Alitalia’s debt pile and plans for job cuts that have stoked outrage among Italian unions.