The project, unveiled yesterday, is a collaboration between Taraf and Marriott International, Inc., marking the debut of the W Hotels brand in Abu Dhabi
Abu Dhabi
UAE real estate: Record-breaking $36mn Saadiyat Island villa sold in Abu Dhabi
The villa features contemporary architectural detailing, large interior living spaces, and views of the mangroves
Abu Dhabi named world’s richest city for sovereign wealth funds with $1.7tn in assets
Abu Dhabi overtakes Oslo as the world’s richest city for sovereign wealth fund assets
UAE plays critical role in Egypt economic turnaround with $35bn investment: Report
ADQ’s $35 billion investment in Ras El Hekma development singled out as the turning point in the fiscal fortunes of the country
EXCLUSIVE: NBA dismisses rumours of Saudi expansion plans
NBA deputy commissioner Mark Tatum acknowledged that while NBA games are broadcast across Saudi Arabia as part of the league’s media rights deal, there are no concrete arrangements to take pre-season or regular season games to the Kingdom at this stage
Saudi visa update; UAE petrol prices; Dubai announces real estate strategy; GCC airport upgrades; New schools plan – 10 things you missed this week
Saudi visa update, UAE petrol prices, Dubai real estate strategy, GCC airport upgrades and more of the top news stories this week
UAE President Sheikh Mohamed in Egypt for $110bn Ras El Hekma launch; development to house 2m people and create 750,000 jobs
UAE President Sheikh Mohamed witnesses launch of $35bn Ras El Hekma development in Egypt
NBA Abu Dhabi Games 2024: Boston Celtics, Denver Nuggets arrive in UAE, highlighting league’s global expansion
The NBA Abu Dhabi Games 2024 will kick off today as the Boston Celtics and Denver Nuggets are set to play two preseason matches in the UAE capital
TAQA successfully prices $1.75bn dual-tranche bond offering
Prices a $850 million 12-year green bond at a coupon rate of 4.75%; $900 million 7-year conventional bonds bear a rate of 4.375%
Abu Dhabi economy: 90% of private companies in Emirate are family-owned, 60% of GDP and 80% of workforce in segment
Family offices are key drivers of the Abu Dhabi economy, according to a KPMG report
Maqta Gateway partners with Presight AI to enhance AI-powered solutions for trade and logistics
Under the terms of this agreement, both parties agree to collaborate exclusively on the development and commercialization of artificial intelligence and data analytics solutions for the trade of goods in the ports and maritime sectors
Masdar completes acquisition of 50% stake in US-based Terra-Gen
Operating portfolio increases 3.8GW of wind, solar and battery storage projects and 5.1GWh of energy storage facilities
Coldplay retirement: Band shocks music fans with announcement
Chris Martin, the lead singer of the seven-time Grammy-winning band, revealed that the group plans to retire following the release of their 12th studio album
Fertiglobe announces $150mn interim dividend for H1 2024
The approved dividend is equivalent to 6.6fils per share and takes the total dividend since IPO to $2.42 billion
UAE petrol prices slashed for October 2024
UAE petrol prices tumble in October, following significant decrease
ADNH Catering to offer 40% of stake through IPO next week
Subsidiary of Abu Dhabi National Hotel Company, ADNH Catering has 28% share of addressable market in UAE and Saudi and serves 11 million meals monthly
Abu Dhabi’s Zayed International Airport announces early reopening of Northern runway
This project demonstrates Abu Dhabi Airports’ commitment to developing aviation infrastructure that prioritises safety and operational standards, aiming to strengthen Zayed International Airport’s position as a global aviation hub