Abu Dhabi-based investment firm Waha Capital will issue mandatory convertible notes worth Dh500 million by the end of June, the company said in a statement on the Abu Dhabi Securities Exchange (ADX) bourse website this morning.
His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, visited Cityscape Abu Dhabi 2011. He spent time visiting exhibitors and liaising with attendees on day two of the event.
According to the Abu Dhabi's Surface Transport Master Plan, the city will have its trams and metro systems ready for use in 2015. The plan...
The government of the Municipality of Abu Dhabi has voiced its strong support for the upcoming PPP Middle East conference, due to take place at the Hilton Abu Dhabi this January. The event will not only cover the future development of PPPs in the region but will also have a specific focus on procurement projects in Abu Dhabi.
ABU DHABI: Tenders for construction of the first of 30 light rail routes are to be invited in the next two months, following the official launch of the emirate’s Surface Transport Master Plan 2030 by the Crown Prince, Sheikh Mohamed bin Zayed Al Nahyan, at the end of April.
The slowdown in the regional real estate sector notwithstanding, the region and Dubai, in particular, will bounce back soon. This will be accentuated by providing a major boost to the investor confidence, which will in turn provide impetus to the industry’s growth momentum. Such realistic hope is the new buzzword, indicating that the worst is over – both for Dubai and the real estate sector.
US based Fluor Corporation won the contract to manage the emirate’s transport network in January. Fluor will now supervise the development and construction of the metro and light rail systems. These projects are part of the DoT’s USD 68 billion transport masterplan that will see the emirate develop an integrated public transport system that will comprise metro and tram networks, road upgrades and also bus and water taxi networks.
MARISK, an independent risk advisory firm, has opened its Abu Dhabi office to help companies and other businesses manage the use of over-the-counter derivatives. The firm will provide independent risk assessment, structuring, pricing and execution advice for derivative and structured product transactions.
Dubai's Roads and Transport Authority (RTA) announced it will extend its programme that includes the trialling of a smart vehicle across Business Bay. RTA and...
While fossil fuels may have been the framework within which energy co-operation between the UK and the UAE began, we are now increasingly focusing on working together to develop and pioneer new technologies based on alternative and renewable energy.
With unique features offering real time flight details, flight schedules, online booking and other travel-related information to make the airport experience easier for every traveller, the website's traffic figures soared to 726,500 visitors in the first five months of 2012, representing a 51% increase compared with the same period last year.
Abu Dhabi’s newly-launched Jalboot ferry which covers 100km of waterway in and around the UAE capital is planning fleet and network expansion early in the new year.