Abu Dhabi economy

Abu Dhabi Islamic Bank Said to Cut More Than 200 Jobs in U.A.E.

EghtesadOnline: Abu Dhabi Islamic Bank PJSC, which bought Barclays Plc’s retail business in the United Arab Emirates, has cut more than 200 jobs over the past three months, according to three…
2016-10-05 10:43
Abu Dhabi to Combine Two Offshore Oil, Gas Units Amid Price Drop

EghtesadOnline: Abu Dhabi National Oil Co. will combine two offshore oil and natural gas ventures operated with partners including BP Plc and ExxonMobil Corp., as the U.A.E. producer takes measures…
2016-10-04 11:52
Tasameem Replaces Ex-Arabtec CEO as Second-Biggest Shareholder

EghtesadOnline: Abu Dhabi-based Tasameem Real Estate LLC has replaced former Chief Executive Officer Hasan Ismaik as the second-biggest stakeholder of Arabtec Holding Co.
2016-09-26 08:48
Cheapest Solar on Record Offered as Abu Dhabi Expands Renewables

EghtesadOnline: Two companies offered to build the cheapest solar power plant on record in Abu Dhabi, reflecting declining costs for photovoltaic cells and cheaper financing for clean-energy…
2016-09-21 17:49
Abu Dhabi’s Masdar Seeks Partners for Clean-Energy Desalination

EghtesadOnline: Abu Dhabi Future Energy Co., known as Masdar, is seeking to form international ventures to build water-desalination plants powered by renewables across the globe as early as 2018,…
2016-09-10 09:35
Two of Abu Dhabi's largest sovereign investment funds will form an asset pool twice the size of Russia's Reserve Fund.

Abu Dhabi’s $125 Billion Empire From Pipelines to Spaceships

EghtesadOnline: Abu Dhabi, home to 6 percent of the world’s oil reserves, plans to merge two of its largest sovereign investment funds to form an asset pool more than twice the size of Russia’s…
2016-09-07 09:11