Abu Dhabi

Abu Dhabi’s TAQA posts $571.7 million net income in Q1 2024

The group revenues reached $3.7 billion, marking a 5.3 percent increase compared to the previous year

Abu Dhabi’s DoH, M42 launch region’s largest hybrid cord blood bank

The Abu Dhabi Biobank aims to improve treatment access, health outcomes

Abu Dhabi’s Etihad Airways carries 5.7 million passengers in 4 months

The airline transported over 1.4 million passengers, resulting in an average passenger load factor of 84 percent

e& UAE claims new 5G record with fastest 30.5Gbps speed

The achievement showcased the strong combination of multiple carriers operating on high-band and mid-band spectrums

Majority of Middle East IPOs experience positive aftermarket gains in 2024: Report

Notable market gains included MBC Group Co and Avalon Pharma

UAE’s ADNOC Drilling reports record revenue of $886 million in Q1 2024

The net profit for the quarter amounted to $275 million, reflecting a substantial 26 percent year-on-year increase

ADNOC Drilling lands $1.7 billion deal to tap UAE’s world-class unconventional energy reserves

Under the contract, Turnwell will be responsible for delivering 144 unconventional oil and gas wells

Abu Dhabi extends visa support for Indians seeking to get married

The new visa initiative supports emirate’s tourism strategy, which aims to targeting 39.3 million visitors by 2030

UAE’s ADNIC posts net profit of $27.4 million for Q1 2024

The solid performance is attributed to ADNIC's strong underwriting discipline and substantial growth in key metrics

UAE travel ban: Complete guide on how to check the restrictions

A travel ban, as defined by the government, is an order that prohibits an individual from leaving or entering the country

Abu Dhabi’s Presight, ADNOC acquire controlling stake in AIQ

The deal aims to expedite AI innovation, cultivate cutting-edge energy and industry solutions

ATM 2024: Egypt seeks GCC investment boost for tourism development

Egypt targets attracting 30 million tourists by 2028 in light of additional funding for more tourism development projects

ADNOC L&S reports $193.8 million in net profit for Q1 2024

This represents a 34 percent increase compared to the net profit of $145.1 million achieved during the same period last year

UAE introduces new framework to boost public-private partnership projects

The law seeks to promote private sector investment and involvement in federal government-led infrastructure projects

ATM 2024: Etihad Airways, DCT Abu Dhabi to introduce complimentary Abu Dhabi stopover stays

Etihad passengers can now book flights with a stopover and select a free hotel online

Saudi Arabia’s flynas to broaden UAE network, add flights to DWC, Abu Dhabi, Sharjah

With this expansion, the number of routes connecting Saudi Arabia and the UAE will increase to nine

Abu Dhabi’s Mubadala to invest in $4.2 billion urea plant in Australia

The state-of-the-art facility is expected to produce over two million tons of urea annually

ATM 2024: Emirates forges agreements with tourism boards of Malaysia, Turkey

Agreements promote travel across airline's network of more than 140 destinations

ADNOC Gas net income surges 21 percent in Q1 2024 at $1.18 billion

Domestic gas net income unit margin saw a 20 percent Y-o-Y improvement

UAE’s Alpha Dhabi posts $1.25 billion net profit in Q1 2024

The strong financial performance across the group during Q1 '24 was highlighted by a record revenue of $3.86 billion

Abu Dhabi’s Yas Island welcomes over 34 million visits in 2023, says Miral

Saadiyat Island, meanwhile, saw a 44 percent increase in visits last year

UAE is on the path to becoming the AI capital of the world

As Sam Altman once said, the country has been ‘talking about AI since before it was cool’

IHG thrives in the Middle East’s booming travel and tourism market

Leading hospitality brand to open 70 hotels in the region in the next few years

Four Seasons’ people and culture of service are drivers of hospitality group’s success

Innovative offers – from jet to yacht experience – continue to excite guests from around the world