Mar 23, 2021 02:05 PM IST
Mubadala invested $75 million in 5-year pre-IPO convertible bonds, while Abu Dhabi Catalyst Partners invested a further $75 million.
- Mar 04, 2021 06:56 PM IST
Etihad reported revenues of $2.7 billion in 2020 compared to $5.6 billion the year before, a precipitous decline it attributed to “drastically fewer people traveling” as the surging pandemic crippled air travel.
- Feb 22, 2021 02:44 PM IST
In spite of the surging COVID-19 pandemic, major arms makers descended on February 21 on a convention centre in Abu Dhabi, the capital of the United Arab Emirates, hoping to make deals with militaries across West Asia. The biennial trade fair, the International Defense Exhibition and Conference, is Abu Dhabi’s first major in-person event since the outbreak of coronavirus — a sign of its significance to the oil-rich sheikhdom that has maintained tight movement restrictions in recent months.
- Feb 17, 2020 01:34 PM IST
Marking the Abu Dhabi-based carrier's 15-years of flying to India, Neerja Bhatia, Etihad Airways' Vice President, Indian Sub-continent, reiterated the airline's unwavering commitment to the country over the last 15 years, which she said, “has resulted in Etihad Airways becoming one of the most preferred airlines for travellers from India.”
- Feb 05, 2020 08:45 AM IST
Etihad said it would sell 38 aircraft — 22 Airbus A330s and 16 Boeing 777-300ERs — in the deal with investment firm KKR and leasing firm Altavair AirFinance. KKR said the Boeing 777-300ERs will “be leased back to Etihad upon purchase in early 2020," while the Airbus A330s will go to international clients.
- Mar 25, 2019 02:33 PM IST
IOC-BPRL won the block in Abu Dhabi's first-ever competitive bid round.
- Mar 24, 2019 06:18 PM IST
US tech giant Microsoft will be a strategic partner, providing technology and cloud services to the businesses that join the hub as the capital of the United Arab Emirates continues its push to reduce reliance on oil revenue.
- Mar 20, 2019 01:26 PM IST
Etihad opting to exit Jet Airways is the worst development in the ongoing saga where the climax is unlikely to be a happy one.
- Mar 01, 2019 10:37 AM IST
Swaraj will attend the inaugural plenary of the two-day meeting on Friday. It is for the first time that India has been invited to a meeting of the OIC, an influential grouping of 57 Islamic countries, as the guest of honour.
- Feb 19, 2019 01:47 PM IST
Part of the diversified Anil Ambani group, Reliance Power has appointed J P Morgan as the banker for the proposed stake sale, the sources said.
- Jan 15, 2019 04:28 PM IST
"We expect India to continue to be the largest overseas market for arrivals in 2019. We are expecting around 10 per cent growth in the number of Indian arrivals in 2019," Abu Dhabi Department of Culture and Tourism, Travel Trade and Market Development Department Acting Director Anthony Rippingale told PTI.
- Dec 19, 2018 08:25 PM IST
The two days of meetings aimed at ending Afghanistan's 17-year conflict were held in Abu Dhabi, with the attendance of Saudi Arabia and Pakistan.
- Nov 21, 2018 05:05 PM IST
The day-long conference to be held in Abu Dhabi will be inaugurated by Navdeep Suri, the Indian Ambassador to the UAE.
- Oct 08, 2018 01:05 PM IST
The deal announced on Monday with Baker Hughes values the drilling subsidiary of Abu Dhabi National Oil Co. at around $11 billion.
- May 21, 2018 07:57 AM IST
The 10-year residency visas will be granted to specialists in science, medicine and research, and to "exceptional students." The state-run WAM news agency says the plan aims to attract global investment and innovators.
- May 15, 2018 01:59 PM IST
The cargo is the first under an agreement between Abu Dhabi National Oil Company (ADNOC) and the Indian Strategic Petroleum Reserves Ltd (ISPRL), an Indian government-owned company mandated to store crude oil for strategic needs.
- May 03, 2018 09:10 PM IST
The eight winners of the jackpot include six Indians. The other winners have won 1 million dirham each.
- Feb 11, 2018 01:15 PM IST
Addressing the members of the Indian community at the Dubai Opera House here on the second day of his two-day visit to the UAE, Modi said his government was trying to bring India to a global benchmark.
- Feb 11, 2018 01:01 PM IST
Modi witnessed the groundbreaking ceremony which was live-streamed to the Dubai Opera House where the prime minister was interacting with the Indian community.
- Feb 11, 2018 10:59 AM IST
Modi, who arrived here from Jordan on the second leg of his three-nation tour, was received by Mohammed Bin Zayed and other members of the Royal family at the airport.
- Feb 11, 2018 09:30 AM IST
OVL, the overseas arm of state-owned Oil and partners paid a signing amount of USD 600 million for a 10 percent stake in Abu Dhabi National Oil Co's (ADNOC) 40-year Lower Zakum Concession, Offshore Abu Dhabi.
- Feb 10, 2018 08:21 PM IST
Modi, who will arrive here tonight, will be visiting the United Arab Emirates for the second time after his 2015 trip to the country.
- Oct 30, 2017 12:27 PM IST
The Indian delegation at the talks held yesterday was led by Minister of State for External Affairs M J Akbar while the UAE side was headed by its Minister of State for Foreign Affairs Anwar Gargash.
- Sep 05, 2017 08:30 AM IST
"All passengers were evacuated through ladder. All safe. No casualties," a Cochin International Airport Limited (CIAL) spokesman said.
- Aug 29, 2017 03:11 PM IST
A bench headed by Chief Justice Dipak Misra was informed by Additional Solicitor General P S Narsimha, representing the Centre, that Swamy was to specifically challenge the agreement between India and the United Arab Emirates (UAE) on increasing the number of flights between India and the UAE.