#Abu Dhabi

Primed for growth: Abu Dhabi’s Yas Holding CEO on expanding during the crisis and plans ahead

As Yas Holding rapidly grows its portfolio, group CEO Murshed Al Redaini reveals how the company has tackled the Covid crisis and its ambitious plans for the future

Aldar Yas Mall Abu Dhabi

Aldar unveils Dhs500m Yas Mall redevelopment plan in Abu Dhabi

The redevelopment will add a total of 15,000 sqm of office space to Yas Mall

International Holding Company

ADFD to increase export financing facility by 33.3% in 2021

ADFD to allocate Dhs735m to Abu Dhabi Exports Office to support UAE export economy

Abu Dhabi’s Mubadala to invest in ophthalmic lens innovator Rodenstock

The transaction is subject to applicable regulatory approvals and is expected to close in the middle of 2021

Ion Electric charging station Abu Dhabi

Abu Dhabi gets UAE’s first ultra-fast electric vehicle charging stations

The charging stations on Yas Island have a total capacity of up to 350KW, with charging times 25 times faster than traditional chargers

Covid-19 PCR test

Covid-19 PCR tests to now cost Dhs65 in Abu Dhabi

The same tests would previously cost Dhs85 in the capital emirate

Top UAE power producer joins global peers in renewables push

About 30 per cent of Taqa’s total generation will be made up of solar or wind plants

Abu Dhabi

Abu Dhabi’s Mubadala signs MoU with Snam to explore hydrogen-focused projects

The two entities will carry out technical and economic feasibility studies to explore potential projects promoting hydrogen development in the UAE and elsewhere

Abu Dhabi updates green list of destinations which do not require quarantine

Kazakhstan, which was added in the previous update, has now been removed from the list

UAE retail forecast

UAE retail sales forecast to reach $58bn in 2021

During 2021, Dubai and Abu Dhabi are expected to see 761,000 sqm and 293,000 sqm respectively of retail gross leasable area added to the market

Abu Dhabi City United Arab Emirates

Here’s how Abu Dhabi is powering its smart government services

By developing partnerships with big tech companies like Microsoft, the Abu Dhabi Digital Authority (ADDA) is revolutionising the way people interact with the government

AD Gaming formed to further gaming sector in Abu Dhabi

Global video game industry predicted to hit $300bn by 2026

Abu Dhabi court fines four people, jewellery firm Dhs90m for money laundering, fraud

Each of the four defendants has been handed a five-year imprisonment term followed by deportation and a fine of Dhs10m

ADNOC Distribution

UAE’s ADNOC Distribution changes share dividend policy

It confirmed a minimum Dhs2.57bn dividend for 2022

Tadweer Abu Dhabi

Tadweer recycled 1.9 million tons of construction waste in Abu Dhabi last year

The Abu Dhabi Executive Council has mandated that at least 40 per cent of recycled materials be used in road and construction projects across the emirate

UAE to require listed firms to have at least one woman on board

The requirement came into force after the Securities and Commodities Authority’s meeting on Sunday

How Microsoft tools have helped Abu Dhabi’s tourism authority during the Covid crisis

The Department of Culture and Tourism – Abu Dhabi (DCT) embarked on its digital transformation journey before the pandemic, leaving it better prepared to adapt to the crisis

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi to launch new flights to central Asian country

Flights to the two cities in Kazakhstan are expected to commence from May 2021

Abu Dhabi

Abu Dhabi issues new rules for Covid-19 testing and quarantine of government employees

No exemptions from Covid-19 PCR tests for employees working out of their offices even if they have been vaccinated

Abu Dhabi International Airport Covid-19 PCR Test

Free Covid-19 PCR tests at new lab inside Abu Dhabi International Airport

The 4,000-square-metre facility with 190 staff is capable of conducting over 20,000 tests per day, with results available in approximately 90 minutes

Abu Dhabi UAE

Abu Dhabi: Prior Covid-19 PCR testing mandatory for guests attending events

Staff organizing and present at the venues must undergo Covid-19 PCR tests every week

Abu-Dhabi-International-Airport-1

Abu Dhabi amends ‘green list’ destinations, Saudi back in

The new list, effective from March 8, includes 13 countries, up from 10 in the previous update

International Holding Company

Abu Dhabi’s International Holding Company reports Dhs3bn net profit for 2020

IHC’s total assets increased to Dhs14bn as of December 31, 2020, from Dhs4bn a year earlier

Etihad Abu Dhabi Covid-19

UAE’s Etihad extends global Covid-19 insurance until September 30, 2021

Passengers are covered for up to EUR150,000 of medical costs in case of a positive diagnosis 31 days from the date of travel

cinemas abu dhabi

Abu Dhabi reopens cinemas at 30% capacity

Cinemas in the emirate were previously ordered to close indefinitely from February 5

Etihad

Abu Dhabi’s Etihad reports $1.7bn loss for 2020, passenger traffic down 76%

The airline reported $1.2bn in passenger revenues in 2020, down by 74 per cent from $4.8bn the previous year

Murshed Al Redaini

Power Letters 2021: Murshed Al Redaini, Group CEO, Yas Holding

Yas Holding’s education division companies deployed technology-based remote learning solutions for private and public sectors

Unilabs Abu Dhabi

New Swiss lab in Abu Dhabi can analyse 80,000 Covid-19 PCR tests per day

Unilabs’ Abu Dhabi laboratories are also testing samples collected overseas, with results provided within 24 hours

Etihad Hub71

Etihad to become official partner of Abu Dhabi’s tech startup venture Hub71

Hub71, is a flagship initiative of Ghadan 21, Abu Dhabi’s accelerator programme for business in the capital

First Abu Dhabi Bank

First Abu Dhabi Bank approves Dhs8.08bn cash dividends for 2020

The bank recorded a a full year 2020 net profit of Dhs10.6bn