Monday 30 May 2016
 
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abu dhabi

Abu Dhabi may act to address property glut

Abu Dhabi's property market is oversupplied and the government may take steps to address the imbalance, a senior official said on Sunday. Prices in the UAE capital's residential sector were flat last year, after rising abo

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Abu Dhabi airport receives world's largest cargo aircraft

The Abu Dhabi International Airport yesterday (May 21) for the first time welcomed the world’s largest cargo aircraft, the Antonov AN225. The aircraft, named Mriya – which means Dream in Ukrainian, arrived from Kiev, U

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Abu Dhabi lays off staff as Gulf austerity tightens

Thousands of layoffs at state-linked companies in Abu Dhabi, UAE are a fresh sign the Gulf's wealthy oil states are hunkering down for a long period of austerity as low crude prices pressure their economies. Since mid-2015, th

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Flynas to boost Abu Dhabi frequency

Saudi Arabian budget carrier flynas is increasing capacity between its home country and the UAE with new flights linking Abu Dhabi with Riyadh and Jeddah. Begining June 23, flynas will add a second daily service between Riyadh and

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AlMansoori makes 3 key appointments

AlMansoori, a leader in oilfield services in the Middle East, has enhanced its senior management team with the appointment of three key personnel to its operations.   Mousa Kiwan has been appointed as corporate s

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Almarai, KKR eye Abu Dhabi food company stake

US private equity firm KKR and Saudi dairy company Almarai are among four rival groups shortlisted to bid for a majority stake in Abu Dhabi-based National Food Products Company, sources said, highlighting the appeal of the Gulf food and dairy se

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Fenergo opens Mideast office in Abu Dhabi

Ireland-based Fenergo, a leading provider of regulatory onboarding and client lifecycle management software solutions for wholesale and private banks, recently opened its new office in Abu Dhabi, UAE. The event hosted by the Ambas

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Abu Dhabi apartment rentals see moderate growth

Residential rents for apartments in Abu Dhabi have seen a moderate rental growth as supply and demand move towards equilibrium, said a report. Overall, capital values for completed apartments have remained broadly stable, driven b

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Elkus Manfredi Architects starts work on Abu Dhabi mall

Leading regional development company Gulf Related has partnered with US-based Elkus Manfredi Architects to start the interior design work on its 3.1-million-sq-ft mixed-use development coming up at the core of Al Maryah Island in Abu Dhabi, UAE.

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Elkus Manfredi Architects starts work on Abu Dhabi mall

Leading regional development company Gulf Related has partnered with US-based Elkus Manfredi Architects to start the interior design work on its 3.1-million-sq-ft mixed-use development coming up at the core of Al Maryah Island in Abu Dhabi, UAE.

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