#Abu Dhabi

ADNOC Abu Dhabi

UAE’s ADNOC appoints new managing director, restructures to form executive board of directors

Dr Sultan Ahmed Al Jaber has been appointed as managing director of ADNOC, in addition to his current position as CEO

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi to process 100% cash refunds within a week of cancellation

The airline also offers customers the option to refund 120 per cent of the original fare in airline credit

Schools Education Dubai

UAE private schools admission age changed – ministry

All students currently enrolled at private schools in the UAE will not be affected by the change

Etisalat

UAE operator Etisalat reports Dhs9bn net profit in 2020; up 3.8% y-on-y

Its consolidated revenues reached Dhs51.7bn, a 0.9 per cent decrease over the previous year

Abu Dhabi-based Halcon rolls out UAE’s first air defence missile

Halcon’s SkyKnight was purposely designed to counter modern threats, providing early warning signals and precise surface-to-air intercept capabilities

Abu Dhabi removes Saudi Arabia from ‘green list’, destinations cut to 10

Passengers arriving from the green list are exempt from mandatory quarantine measures

IDEX NAVEX 2021

UAE Armed Forces sign over Dhs7bn deals on day two of IDEX and NAVDEX 2021

On day two, the UAE Armed Forces signed Dhs6.983bn worth of contracts with international companies, representing 95 percent of the total deal value for the day

Mubadala

Abu Dhabi’s Mubadala mulling IPO of Yahsat, says CEO-designate

Yahsat provides integrated satellite communications solutions to over 150 countries

ABu Dhabi Schools Covid-19 Tests

Abu Dhabi: Nurseries, schools to face penalties upto Dhs250,000 for flouting Covid-19 protocols

Repeated non-compliance can lead to schools being forced to shift to distance learning, with parents entitled to remove their children and gain fee refunds

UAE’s ‘DhabiSat’ takes off to International Space Station

Developed by 27 graduate students at Yahsat Space Lab, the project is helping train individuals to become qualified engineers

Abu DHabi real estate

Value of real estate transactions in Abu Dhabi totalled Dhs74bn in 2020, up 28% y-on-y

In 2020, there were 19,000 transactions executed, including sales and mortgages of land, buildings and real estate units for all types of land use

Etihad Gulf Air

UAE’s Etihad and Bahrain’s Gulf Air to expand codeshare agreement

By June 2021, Etihad and Gulf Air will be able to offer up to an additional 30 combined destinations beyond the Abu Dhabi and Bahrain hubs

Emirates Esports Association to set up base at Yas Creative Hub in Abu Dhabi

Abu Dhabi continues to grow status as regional gaming and esports hub

UAE weather update: Fog envelops parts of the country; NCM issues alert

Temperatures will hover between 13-28°C in the coastal areas

UAE students develop AI aircraft inspection algorithm for Lockheed Martin

Interns build a tool to detect paint and primer defects on aircraft at Masdar City

Abu Dhabi unveils fleet of electric buses

The electric buses will be powered by the fast-charging LTO battery

UK court orders asset freeze of NMC founder BR Shetty, other company executives

The order was secured by NMC’s biggest creditor, Abu Dhabi Commercial Bank

Tabreed

Abu Dhabi-headquartered Tabreed’s net income rises 16.5% in 2020 to Dhs550m

Tabreed currently delivers over 1.404 million refrigeration tonnes to key developments across the UAE and Saudi Arabia

EDGE Group Ukraine

UAE’s EDGE Group signs $1bn defence agreement with Ukrainian state-owned companies

The agreements with UkrOboronProm and Ukrspecexport were signed during a visit of Ukrainian President Volodymyr Zelensky to the UAE

Drive-through Covid-19 Vaccine Abu Dhabi

Drive-through Covid-19 vaccination centre opens in Abu Dhabi

The centre can accommodate up to 700 people per day and can vaccinate around 60 people per hour

Israeli firms to miss IDEX 2021 in Abu Dhabi due to Covid-19 travel restrictions

Israeli firms were due to take part in the defence expo for the first time

ABu Dhabi Schools Covid-19 Tests

Free mandatory Covid-19 PCR tests for students returning to school in Abu Dhabi

All teachers and staff members returning to campus must obtain a negative Covid-19 PCR result, and subsequently secure a negative result every two weeks

UAE’s first holographic surgery carried out at Burjeel Medical City

Surgeons from 13 different countries assisted by HoloLens 2 from Microsoft

Aldar properties abu dhabi

Aldar Properties reports revenue of Dhs8.39bn for 2020, up 17%

Its 2020 gross profit also rose 8 per cent to Dhs2.98bn

Bloom Education receives Dhs53m funding from Abu Dhabi’s ADFD

Bloom Education beneficiary of ADFD’s Dhs1bn support programme

Abu Dhabi launches programme to attract expatriates

The ‘Thrive in Abu Dhabi’ initiative invites foreigners and their families to settle down in the capital emirate

NMC Health expects UAE, Oman operations to continue in 2021, after sale of non-core assets

NMC is undertaking a complete restructuring of its balance sheet following the discovery of significant fraud and debt

South Korean Bespin Global to set up regional HQ, R&D centre at Abu Dhabi’s Hub71

Abu Dhabi Investment Office to offer financial and non-financial incentives to Bespin Global

Abu Dhabi’s Hub71 community passes 100 startups

Hub71-based startups have raised Dhs185m since its launch in March 2019

UAE’s Etihad becomes world’s first airline to vaccinate entire flying crew

Over 75 per cent of the carrier’s entire workforce has already received at least one dose of the vaccine