Abu Dhabi has revealed plans to create an automotive industrial zone, which will include everything from manufacturing to servicing and sales. An 11 sq km plot of industrial land in Musaffah has...
Business
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Tony Douglas, former chief operating officer of UK construction company Laing O’Rourke Plc, has been appointed CEO of the Abu Dhabi Ports Company (ADPC). One of his main roles will be to oversee...
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Guests in Abu Dhabi’s hotels increased 14 percent in May compared to the same month last year, according to figures released by the Abu Dhabi Tourism Authority. ADTA’s figures show that...
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An efficient and robust infrastructure plan that integrates all logistics services in the UAE will be among the important topics to be tackled in the next Global Logistics Forum scheduled to be held...
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Abu Dhabi-based Aabar Investments has become the largest voting shareholder in UniCredit SpA after buying a 4.99 percent stake worth €1.84bn in the Italian bank, the third largest in Europe by...
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The UAE has no immediate plans to join a unified GCC single currency and the dirham will remain pegged to the US dollar for the foreseeable future, revealed HH Sheikh Mohammed bin Rashid al Maktoum...
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Abu Dhabi’s Aldar has signed an exclusive long-term supply and sponsorship agreement with PepsiCo, one of the world’s leading food and beverage companies. This is the first agreement to take...
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The Department of Transport for Abu Dhabi has revealed plans for a new rail network in the city of Al Ain. The Surface Transport Masterplan (STMP) study for the city was awarded to a consortium of...
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Michael H. Tomalin, Group CEO of the National Bank of Abu Dhabi has received the CEO Lifetime Achievement Award at the prestigious Banker Middle East Industry Awards 2010. Tomalin joined the...
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Mashreq, the largest issuer of credit cards in the UAE, has predicted that credit card debt defaults will drop by up to 40 percent this year. "There will be an improvement of 30-40 percent,...
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