The government of the Australian state of New South Wales, home to the country's financial capital Sydney, will send a group to Dubai this week to discuss ways to develop the Islamic finance industry, officials said.
May 13, 2012 9:21
Q1 net profit 84.1mln dirhams vs. 26.6 million a year ago; Results beat average analysts forecasts; Says considering buying remaining 45 percent in steel unit; Abu Dhabi fund Aabar owns 10.5 percent in Arabtec
May 9, 2012 9:25
Private equity company Blackstone Group has expanded its property presence in London, buying the 12-building Devonshire Square office and retail complex from rival Rockpoint and the Abu Dhabi Investment Authority (ADIA), according to a source familiar with the deal.
May 9, 2012 9:20
Abu Dhabi airline cancels 7 next-generation A350-1000s; aircraft worth over $2 billion at today's list prices; same Gulf carrier cancelled 6 A350-1000s in December; Airbus says A350-1000 is more efficient than Boeing 777
May 7, 2012 3:24
As Yas Waterworld in Abu Dhabi prepares to open its gates later on this year 2012, Kipp takes a ride through six of the best water parks from around the world that you must visit…
May 6, 2012 3:35
Abu Dhabi National Energy Co (TAQA), the state-run oil and gas utility firm, has received approval from the Dutch government for the construction of a gas storage facility in Dutch's Bergermeer field, it said on Wednesday.
May 2, 2012 3:28
Three of the UAE’s cities have made it onto a list of tallest cities in the world, compiled by a German building data company. Kipp takes a look at the Arab cities that have skylines worth watching.
May 1, 2012 3:45
National Bank of Abu Dhabi is in discussions with the UAE’s central bank over proposed lending caps on local government entities and was "confident" a solution would be found, its chief executive said on Monday.
May 1, 2012 10:02
Abu Dhabi's Sorouh Real Estate, which is eyeing a state-backed merger with rival Aldar Properties, posted a 30 percent rise in quarterly net profit riding on revenue from government projects and higher rental income.
April 29, 2012 9:00
An Arabtec Holding consortium that includes Greek and Turkish firms is on the cusp of securing an estimated $3 billion contract for the expansion of Abu Dhabi's international airport, four industry sources told Reuters.
April 25, 2012 2:52
An Abu Dhabi-based edible oils firm said on Tuesday its Iranian client had stopped making orders due to liquidity issues, highlighting the slowdown in trade as Western sanctions squeeze financing for Iranian companies.
April 25, 2012 10:21
The National Bank of Abu Dhabi (NBAD) has launched a real estate fund in partnership with a Kuwaiti firm to seek investment opportunities in the UAE’s property sector, the lender said on Sunday.
April 23, 2012 9:20
Abu Dhabi's Aldar Properties , currently in merger talks with rival Sorouh Real Estate, says it is committed to repay its huge pile of debt and sees further consolidation in the emirate's battered property market.
April 23, 2012 9:07
A new rap song puts Abu Dhabi in the spotlight - for better or for worse. This isn't the first time the region's been featured in a song, and Kipp suspects it won't be the last time.
April 22, 2012 4:23
Arabtec, in which state-owned investment fund Aabar owns a 10.45 percent stake, said the contract to build a tower of 229 apartments would take 22 months to complete.
April 22, 2012 10:42