Featured Real EstateSales volume in Abu Dhabi real estate market to pick up in H2Pritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Developers are expected to offer lucrative incentives to potential buyers... Read more
Energy FeaturedAdnoc and ADQ form joint venture to invest in chemical projectsPritam BordoloiJuly 22, 2020July 22, 2020 by Pritam BordoloiJuly 22, 2020July 22, 2020 Adnoc will hold a 60% equity stake in the venture, while ADQ will have the remaining 40%... Read more
Aviation FeaturedWizz Air Abu Dhabi to fly six new routes from October 2020Pritam BordoloiJuly 13, 2020July 13, 2020 by Pritam BordoloiJuly 13, 2020July 13, 2020 The carrier will fly two new Airbus A321neo aircraft... Read more
Featured Islamic BankingAbu Dhabi Islamic Bank raises foreign ownership to 40%Pritam BordoloiJuly 8, 2020 by Pritam BordoloiJuly 8, 2020 Earlier, the foreign ownership limit at ADIB was set at 25%... Read more
Aviation FeaturedEtihad Airways seeks to achieve 45% of its pre-covid capacityInternational Finance Business DeskJuly 7, 2020July 7, 2020 by International Finance Business DeskJuly 7, 2020July 7, 2020 The carrier announced that it will build back its network covering destinations where the lockdowns have been lifted... Read more
Featured TelecomSaudi Arabia’s Public Investment Fund to invest $1.5 bn in Jio PlatformsPritam BordoloiJune 19, 2020 by Pritam BordoloiJune 19, 2020 PIF will acquire a 2.32% stake in Jio... Read more
Featured TelecomMubadala Investment to buy 1.85% stake in Reliance Jio for $1.21 bnPritam BordoloiJune 5, 2020June 5, 2020 by Pritam BordoloiJune 5, 2020June 5, 2020 So far, Reliance has sold a combined 19% interest in Jio... Read more
Featured Real EstateAbu Dhabi Housing Authority digitalises application processPritam BordoloiJune 1, 2020 by Pritam BordoloiJune 1, 2020 The new feature has been launched keeping in mind the current circumstances... Read more
Featured TechnologyAdnoc Distribution’s app sees 9 mn contactless transactionsPritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 Adnoc provides four secure contactless payment options through its smart application, including Mobile Pay and RFID... Read more
Aviation FeaturedDnata, Etihad Airways partner to promote Abu DhabiInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 The new partnership will enable Dnata to gain a competitive advantage and develop an extensive portfolio of brands... Read more