#Abu Dhabi

Abu Dhabi's IHC Q1 net profit hits Dhs8bn Image-courtesy-WAM

IHC sees Q1 profit rise 87.6%, announces share buyback programme

The holding company reported a year-on-year revenue hike of 22.5 per cent in Q1 2024, reaching a record Dhs19.3bn

Sha Emirates Island

Sha Emirates: Abu Dhabi’s island community dedicated to wellbeing

SHA Emirates will feature an international wellness clinic and residences that reflect a transformative approach to healthy living

ADNOC boosts oil production capacity to 4.85 million bpd

Abu Dhabi’s ADNOC says oil production capacity hits 4.85 million bpd

The announcement comes just ahead of a June 1 meeting in Vienna of the OPEC+ alliance

Abu Dhabi's ADQ lists debut $2.5bn bond on London Stock Exchange

Abu Dhabi’s ADQ lists debut $2.5bn bond on London Stock Exchange

Leveraging favourable market conditions and investor appetite, ADQ’s bond issuance garnered significant interest

UAE President mourns Sheikh Tahnoun bin Mohammed

UAE leaders mourn passing of Sheikh Tahnoun bin Mohammed

The Presidential Court declared a seven-day official mourning period for Sheikh Tahnoun bin Mohammed with flags flown at half-mast

UAE winter rain hits Dubai and other emirates. Image Getty Images Karim Sahib

UAE weather: NCM issues orange alert as heavy rains hit Abu Dhabi, Dubai

Both Abu Dhabi and Dubai police have advised motorists to exercise caution while driving, especially in adverse weather conditions

e& Group’s Q1 subscriber base jumps to 173 million

e& Group’s subscriber base grows to 173 million in Q1 2024

The company’s UAE subscriber base grew 4.5 per cent annually to 14.5 million while aggregate subscribers rose by 5 per cent to 173 million

UAE - WEATHER - RAIN-NCEMA

UAE weather: Thunderstorms with rain this week forecasts NCM

The NCM said a low pressure system will bring inclement weather from the west by Wednesday night which will bring rain and thunderstorms to most parts of the UAE

DRIFTx: Abu Dhabi, Joby partner to set up, scale electric air taxi ecosystem

DRIFTx: Abu Dhabi, Joby partner to set up, scale electric air taxi ecosystem

The agreement aims to develop a full air taxi ecosystem, including training, infrastructure and flight operations, as well as a manufacturing presence in Abu Dhabi

Bayanat and Yahsat sign merger to form SPACE42

SPACE42: Bayanat, Yahsat shareholders green-light merger

By leveraging the combined strengths of Bayanat and Yahsat, SPACE42 aims to pioneer innovative solutions that merge satellite communications, geospatial intelligence, and AI

Etihad launches A380 service to New York

Etihad Airways debuts A380 service to New York

 The addition of the A380 service demonstrates Etihad’s strategy to meet the burgeoning demand and expand its network in the US

Abu Dhabi

Abu Dhabi returns to debt markets with $5bn bond sale

The emirate is rated “Aa2” by Moody’s and “AA” by both S&P and Fitch Ratings

British airways resumes service to Abu Dhabi after four years Image Supplied

British Airways resumes service to Abu Dhabi after four years

The new daily service caters to the growing demand for further flights connecting the global tourism and business hubs of London and Abu Dhabi

Abu Dhabi sees non-oil foreign trade growth of 8% in 2023

Abu Dhabi sees strong non-oil trade growth amid diversification push

The latest data from the statistics authority shows that non-oil foreign trade grew by more than Dhs281.9bn in 2023

Highest rain levels recorded in UAE since records began in 1949

Large storms, buoyed by a low pressure cell, swept into the UAE on Tuesday, sparking off widespread flooding

DUBAI -RAINFALL-WEATHER

Second wave of thunderstorms hit UAE: Dubai sees heavy rainfall

Adverse weather conditions may persist into Wednesday morning with convective clouds over coastal areas

Microsoft Invests $1.5 Billion in Abu Dhabi’s G42 Image supplied

Microsoft invests $1.5bn in UAE’s G42 to power AI adoption

Both companies will support the establishment of a $1bn fund for developers to help drive innovation and competitiveness in the UAE and the broader region

UAE - WEATHER - RAIN-NCEMA

Rainy weather forecast across UAE: NCM

Mariners and sea-goers are also urged to exercise caution as rough seas are forecasted due to unstable weather conditions during this period

Abu Dhabi approves first housing and benefits package of the year Image WAM

Abu Dhabi approves Dh2.18bn housing package for citizens

The package was approved under the directive of UAE President Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi

dubai fireworks

Eid al Fitr 2024 fireworks across UAE: Where to watch it in Dubai and Abu Dhabi

From Dubai’s Global Village to Yas Island in Abu Dhabi, fireworks will light up the night sky to mark Eid al Fitr 2024

Etihad Airways to fly to Al Qassim from June Image Etihad Airways

Etihad to debut flights to this new Saudi destination

In addition to the Al Qassim route, Etihad Airways will increase frequencies to various destinations, including Antalya and Jaipur, starting June 15

road- Abu Dhabi - UAE

Abu Dhabi announces road closures, traffic rule change

Motorists should be aware of changes to traffic movement and road closures announced by Abu Dhabi’s transport regulatory authority

Abu Dhabi

Abu Dhabi private sector sees robust growth, value hits Dhs338.9bn in 2023

The sector’s ongoing contributions to Abu Dhabi’s GDP were shared by ADDED and ADIO at the second edition of their Al Multaqa meeting held recently

Easylease acquires 60 per cent of United trans

IHC’s EasyLease acquires 60% stake in United Trans, expands interest in mobility sector

By combining their expertise, EasyLease and United Trans aim to deliver a wider range of enhanced mobility solutions to customers across the GCC and MENA regions

UAE’s Jubail Island Investment Company unveils $1.09bn beachfront community in Abu Dhabi

Owned by JIIC, Jubail Island is set to become a premier residential destination, housing six residential villages amidst the rich biodiversity of the mangroves

ADQ launches Arcera

Abu Dhabi’s ADQ launches Arcera to boost life sciences sector

Arcera plans to double its revenue within five years through strategic acquisitions and partnerships

Etihad launches flights to boston(web size)

Abu Dhabi’s Etihad Airways debuts flights to Boston

Boston joins Chicago, New York and Washington as Etihad’s fourth destination in the US

Louvre

Louvre Abu Dhabi draws over 1.2million visitors in 2023

Since its opening in 2017, the Louvre Abu Dhabi has not only attracted art enthusiasts and collectors but also positioned the emirate as a global cultural hub

Cheyne Capital secures investment from Abu Dhabi’s ADIA

Abu Dhabi unveils new Dhs3.5bn residential project for citizens

The Yas Canal project in Abu Dhabi will comprise 1,146 residential villas for UAE Nationals and is scheduled for completion in Q4 2027

Cloud seeding in the UAE AL AIN, UNITED ARAB EMIRATES - JANUARY 31: Ground engineers restocking one of the UAE's National Center of Meteorology cloud-seeding planes with new Hygroscopic salt flares on January 31, 2024 in Al Ain, United Arab Emirates. Cloud seeding is a weather modification technique that employs chemicals to stimulate the formation of ice crystals or raindrops within clouds. Although cloud seeding has been in use since 1947, its significance has grown, particularly for arid regions like the UAE. The country, with its own National Center of Meteorology and Seismology deploying planes for cloud seeding, has invested in the technology as an immediate solution to address challenges related to water scarcity. (Photo by Andrea DiCenzo/Getty Images)

Key cloud-seeding project kicks-off in Abu Dhabi

This project aligns with UAEREP’s mission to foster capacity building and knowledge exchange within the rain enhancement science research community