The Abu Dhabi Commercial Bank has finalised a deal to buy the Royal Bank of Scotland's UAE retail arm for around $100 million. The deal will be financed from internal cash resources and will see ADCB...
Business
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UK firm Mott MacDonald has been awarded a three-year AED 90 million consultancy contract for power transmission and water by the Abu Dhabi Distribution Company. The deals will cover consultancy...
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The Municipality has done an excellent job directing the traffic in Abu Dhabi - it's so much easier to get around here than it is in Dubai, for example - but some of the signs are more than a little...
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Masdar has joined forces with Total and Abengoa Solar to own, build and operate the world’s largest concentrated solar power plant. The first of its kind in the Middle East, Shams 1 is one of...
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Ruwais, on the coast northwest of Abu Dhabi, is to become the home of the world's largest ethane cracker as Abu Dhabi Polymers Co, also known as Borouge, has started plans to develop a second...
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Abu Dhabi-backed investment fund Essdar Capital has bought the Class A senior debt of a troubled $15bn property project in Oman, in a distressed debt deal that highlights the woes of the region's...
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BSL World, a leading international sponsorship and event management consultancy, has launched its first worldwide office outside of London in Abu Dhabi’s twofour54 media zone, BSL Middle East....
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Siegfried Nierhaus, the newly-appointed Managing Director of Atlas Hospitality, says investment activity in the region’s hospitality sector is showing signs of recovery after an 18 month lull. ...
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Abu Dhabi-based media content creation zone TwoFour54 has launched a seed fund intended to drive the development of Arabic-language mobile applications. AppsArabia will invest in the best ideas for...
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Real estate developer DAMAC properties has awarded the main contract, worth AED 190 million, for its Marina Bay project on Reem Island to Al Shafar General Contracting Co. The main contractors...
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