Friday 29 July 2016
 
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abu dhabi

NBAD Q2 net profit dips 4.8pc, meets forecasts

National Bank of Abu Dhabi, the emirate's largest lender by assets, on Wednesday posted a 4.8 per cent fall in second-quarter net profit, broadly in line with forecasts. NBAD, which earlier this month said it had provisionally

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Al Khyeli named director general of ZonesCorp

Higher Corporation for Specialized Economic Zones (ZonesCorp), the largest developer of industrial zones in Abu Dhabi, has appointed Saeed Eissa Al Khyeli as its director general. Al Khyeli, who formerly served as ZonesCorp acting

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Residential rents decline in Dubai, Abu Dhabi

Residential rents in Dubai and Abu Dhabi moved downwards during the first half of this year, compared to the same period last year, according to a report. Many housing options across Dubai have become much more affordable than the

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Epico opens new office in Abu Dhabi

Emirates Property Investment Company (Epico), the property and facilities management arm of Al Fahim Group, has announced the opening of its new office in Abu Dhabi. Located in the Mezzanine One level of Dalma Plaza, Hamdan Street

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Solar Impulse 2 lands in Abu Dhabi

Solar Impulse 2 returned safely to Abu Dhabi this morning, successfully completing its historic round-the-world flight without using a drop of fuel. The first aircraft to circumnavigate the globe using only solar power, Solar Impu

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Solar Impulse 2 lands in Abu Dhabi

Solar Impulse 2 returned safely to Abu Dhabi this morning, successfully completing its historic round-the-world flight without using a drop of fuel. The first aircraft to circumnavigate the globe using only solar power, Solar Impu

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TDIC awards Jawaher Saadiyat contract to Al Jaber

Tourism Development & Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu Dhabi, UAE, has awarded the main construction contract for Jawaher Saadiyat, a residential community at Saad

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Abu Dhabi retail property market stable in Q2

Prime retail developments in Abu Dhabi, UAE, continued to display stability in both rental and occupancy rates during the second quarter (Q2) of the year, according to a report released by global real estate consultancy firm CBRE.

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Abu Dhabi real estate market suffers decline

The real estate market in Abu Dhabi, UAE, saw a minor decline during the second quarter in most sectors for the first time in three years, said a report. While supply is under control, reduced demand from the contraction of the oi

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Masdar Institute ranking improves

Abu Dhabi-based Masdar Institute of Science and Technology has moved up to the 14th spot overall in the ‘2016 US News and World Report Best Arab Region Universities Rankings’, up from the 23rd position last year. The i

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