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  • Abu Dhabi funds invest $150 million in messaging app Telegram Mar 23, 2021 02:05 PM IST

    Abu Dhabi funds invest $150 million in messaging app Telegram

    Mubadala invested $75 million in 5-year pre-IPO convertible bonds, while Abu Dhabi Catalyst Partners invested a further $75 million.

  • Abu Dhabi's Etihad Airways reports $1.7 billion loss in 2020 Mar 04, 2021 06:56 PM IST

    Abu Dhabi's Etihad Airways reports $1.7 billion loss in 2020

    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.

  • UAE weapons show draws major deals, traders amid COVID-19 pandemic Feb 22, 2021 02:44 PM IST

    UAE weapons show draws major deals, traders amid COVID-19 pandemic

    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.

  • India plays crucial role in Etihad's growth strategy, says airline official Feb 17, 2020 01:34 PM IST

    India plays crucial role in Etihad's growth strategy, says airline official

    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.”

  • Abu Dhabi's long-troubled Etihad sells 38 planes for $1 bn Feb 05, 2020 08:45 AM IST

    Abu Dhabi's long-troubled Etihad sells 38 planes for $1 bn

    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.

  • Indian Oil Corporation-Bharat PetroResources Ltd wins oil block in Abu Dhabi Mar 25, 2019 02:33 PM IST

    Indian Oil Corporation-Bharat PetroResources Ltd wins oil block in Abu Dhabi

    IOC-BPRL won the block in Abu Dhabi's first-ever competitive bid round.

  • Abu Dhabi aims to lure start-ups with investment in new technology hub Mar 24, 2019 06:18 PM IST

    Abu Dhabi aims to lure start-ups with investment in new technology hub

    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.

  • Comment | Minus Etihad, Jet Airways is set on the path to crash land Mar 20, 2019 01:26 PM IST

    Comment | Minus Etihad, Jet Airways is set on the path to crash land

    Etihad opting to exit Jet Airways is the worst development in the ongoing saga where the climax is unlikely to be a happy one.

  • Sushma Swaraj likely to raise terrorism issue at OIC meet in UAE Mar 01, 2019 10:37 AM IST

    Sushma Swaraj likely to raise terrorism issue at OIC meet in UAE

    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.

  • RPower promoters aim Rs 2,500 cr from stake sale Feb 19, 2019 01:47 PM IST

    RPower promoters aim Rs 2,500 cr from stake sale

    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.

  • Abu Dhabi expects India to be top source market for overseas arrivals in 2019 Jan 15, 2019 04:28 PM IST

    Abu Dhabi expects India to be top source market for overseas arrivals in 2019

    "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.

  • UAE says 'positive' results from US-Taliban talks Dec 19, 2018 08:25 PM IST

    UAE says 'positive' results from US-Taliban talks

    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.

  • India-UAE strategic conclave 2018: Abu Dhabi to host second edition on November 27 Nov 21, 2018 05:05 PM IST

    India-UAE strategic conclave 2018: Abu Dhabi to host second edition on November 27

    The day-long conference to be held in Abu Dhabi will be inaugurated by Navdeep Suri, the Indian Ambassador to the UAE.

  • General Electric firm buys 5% stake in Abu Dhabi's state driller Oct 08, 2018 01:05 PM IST

    General Electric firm buys 5% stake in Abu Dhabi's state driller

    The deal announced on Monday with Baker Hughes values the drilling subsidiary of Abu Dhabi National Oil Co. at around $11 billion.

  • UAE to loosen visa rules for investors and innovators May 21, 2018 07:57 AM IST

    UAE to loosen visa rules for investors and innovators

    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.

  • First crude oil cargo from Abu Dhabi departs for Mangalore's strategic crude oil reserve May 15, 2018 01:59 PM IST

    First crude oil cargo from Abu Dhabi departs for Mangalore's strategic crude oil reserve

    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.

  • Indian wins $1.9 million in Abu Dhabi raffle May 03, 2018 09:10 PM IST

    Indian wins $1.9 million in Abu Dhabi raffle

    The eight winners of the jackpot include six Indians. The other winners have won 1 million dirham each.

  • India's ties with UAE much more than that of buyer-seller: PM Modi Feb 11, 2018 01:15 PM IST

    India's ties with UAE much more than that of buyer-seller: PM Modi

    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.

  • Modi officially launches foundation stone-laying ceremony for first Hindu temple in Abu Dhabi Feb 11, 2018 01:01 PM IST

    Modi officially launches foundation stone-laying ceremony for first Hindu temple in Abu Dhabi

    Modi witnessed the groundbreaking ceremony which was live-streamed to the Dubai Opera House where the prime minister was interacting with the Indian community.

  • PM Modi meets Crown Prince of Abu Dhabi; India, UAE sign 5 pacts Feb 11, 2018 10:59 AM IST

    PM Modi meets Crown Prince of Abu Dhabi; India, UAE sign 5 pacts

    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.

  • OVL and its partners acquire 10 percent stake in Abu Dhabi oilfield for $600 million Feb 11, 2018 09:30 AM IST

    OVL and its partners acquire 10 percent stake in Abu Dhabi oilfield for $600 million

    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.

  • PM Modi to witness foundation stone ceremony for first Hindu temple in Abu Dhabi Feb 10, 2018 08:21 PM IST

    PM Modi to witness foundation stone ceremony for first Hindu temple in Abu Dhabi

    Modi, who will arrive here tonight, will be visiting the United Arab Emirates for the second time after his 2015 trip to the country.

  • India, UAE discuss security, defence ties at 2nd strategic talks Oct 30, 2017 12:27 PM IST

    India, UAE discuss security, defence ties at 2nd strategic talks

    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.

  • Air India Express plane from Abu Dhabi veers of taxiway in Kochi, all safe Sep 05, 2017 08:30 AM IST

    Air India Express plane from Abu Dhabi veers of taxiway in Kochi, all safe

    "All passengers were evacuated through ladder. All safe. No casualties," a Cochin International Airport Limited (CIAL) spokesman said.

  • Supreme Court asks Subramanian Swamy to amend plea on Jet-Etihad deal Aug 29, 2017 03:11 PM IST

    Supreme Court asks Subramanian Swamy to amend plea on Jet-Etihad deal

    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.

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