Abu Dhabi

National Bank of Abu Dhabi set to expand internationally

NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.

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IPIC pays off loan that purchased bank stake

A USD2 billion loan was paid off in full by state owned IPIC from RHB Capital.

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DFM has a new chairman

Upon appointment of the Dubai ruler, the Dubai Financial Market has a new chairman in Essa Kazim.

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Abu Dhabi's TDIC seeks new loan facility

A loan with lower interest rate is what Abu Dhabi's Tourism Development and Investment Co is seeking for the completion of its project in the United Arab Emirates.

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Etihad increases stake in Virgin Australia

Abu Dhabi based airline Etihad purchased Virgin Australia shares on the Australian bourse as a means to increase its shareholdings in the Australian airline.

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Abu Dhabi's Tourism Development & Investment Co to seek USD 1 billion loan- sources

The Tourism Development & Investment Co was reportedly talking with various banks for a USD 1 billion loan facility to replace its existing debt, according to bankers interviewed by Bloomberg.

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Etihad Airways- Jet Airways deal goes to anti-regulatory authorities

The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.

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Abu Dhabi and Dubai set to merge bourses

In a move to revitalize the UAE financial market, the Dubai and Abu Dhabi regulatory authorities are exploring ways to merge their bourses.

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Abu Dhabi's Executive Council earmarks funds for hospitals and roads

The executive council had earmarked funds for construction of hospitals and roads in Abu Dhabi.

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Abu Dhabi looks for retail kiosks investors

The Municipality of Abu Dhabi launched a new project and sought for investors in its planned installation and operation of street retail kiosks.

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ADNOC's US$40 billion investment plan underway

ADNOC announced that they are halfway through their US$40 billion investment plan.

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Media expansion in Abu Dhabi: Digital Domain Media Group's fundraising and plan

The region of Abu Dhabi will establish a presence of a major, global studio for the first time, with Digital Domain Media Group planning to have a studio of animation, visual effects and motion capture and a media school.

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