Page 2 - Abu Dhabi

Dubai, Abu Dhabi remain calm, thrive amid Iran-Israel tensions

But the Iran-Israel confrontation, which involved the US, poses one of the most stringent tests yet to the country's neutral and open-for-business stance

Flights to Middle East resume from Thiruvananthapuram, airspace reopened

Flights to the Middle East resumed early Tuesday morning from Thiruvananthapuram International Airport, following the reopening of airspace in the region after a brief closure, according to airport sources. Emirates, Etihad Airways, and Air Arabia were among the first to resume operations. Flights bound for Dubai, Abu Dhabi, and Sharjah operated by the three carriers landed and departed in the early hours without disruption, airport sources said. However, several scheduled services were cancelled earlier in the morning as the situation stabilised, they said. Affected services included Air India Express flights to Muscat, Sharjah, Abu Dhabi, Dammam, and Dubai. Qatar Airways' Doha-bound flight, Kuwait Airways' service to Kuwait, and IndiGo's flight to Sharjah were also cancelled, they said. To manage the passenger backlog and assist those affected, airport authorities have set up additional seating arrangements and service counters at Terminal 2. Extra staff have been deployed to

Abu Dhabi's Adnoc makes $19-billion takeover bid for LNG producer Santos

Adnoc's investment arm XRG PJSC joins peers including Saudi Aramco in targeting LNG, tapping the potential of one of the fastest-growing fossil fuel markets

Disney to open new tech-centric theme park in Abu Dhabi, 1st in West Asia

This will be Disney's seventh resort, whose design will combine the company's history with Abu Dhabi's culture

Air India's Tel Aviv-bound flight diverted after missile attack on Israel

An Air India flight from the national capital to Tel Aviv was diverted to Abu Dhabi on Sunday as there was a missile attack near the airport in the Israeli city, according to sources. The attack happened less than an hour before the Air India flight AI139, operated with a Boeing 787 aircraft, was to land at Tel Aviv, the sources said. They said the flight will be coming back to Delhi. As per information available on flight tracking website Flightradar24.com, the flight was in the Jordanian airspace when it was decided to divert the flight to Abu Dhabi. Air India's flight from Tel Aviv to Delhi has been cancelled for Sunday. A statement from Air India was awaited. Air traffic to the Tel Aviv airport was briefly suspended after a missile launched from Yemen landed near the Tel Aviv airport.

Indian woman convicted for murder executed in Abu Dhabi, Delhi HC told

Shahzadi Khan was handed over to the Abu Dhabi police on February 10, 2023, and she was sentenced to death on July 31, 2023

UP woman executed in UAE on Feb 15 for death of child under her care: MEA

She travelled to Abu Dhabi on a tourist visa on December 19, 2022, and upon arrival, stayed with a couple who secured a caretaker visa for her and employed her to look after their infant son

Father of woman on death row in Abu Dhabi moves HC to know her well-being

The father of an Indian woman on death row in Abu Dhabi has approached the Delhi High Court, seeking to know her well-being. In his petition, which is likely to come up for hearing on Monday, Shabbir Khan -- a? resident of Banda in Uttar Pradesh --? said there was "profound uncertainty" with respect to his daughter Shahzadi's condition, and his repeated applications to the Ministry of External Affairs for clarification were "fruitless". The plea further alleged that Shahzadi was inadequately represented before the local courts in a case pertaining to the alleged murder of her employer's four-month-old child and she was pressured into "confessing", leading to the imposition of death penalty on July 31, 2023. "On February 14, 2025, the petitioner's daughter telephoned him from detention, informing him that she had been relocated within the facility and prior to her potential execution, her final wish was to speak with her parents," the petition said. "The petitioner, with considerabl

Abu Dhabi fund ADQ, Orion team up to invest $1.2 bn in metals, mining

The partners will invest through different asset classes, including equity, senior debt and production-linked instruments, such as royalties

Refiners ask Abu Dhabi NOC to offer 'oil delivered price' as freight spikes

Russian oil accounted for more than a third of India's imports last year, but US sanctions are tightening supply, pushing the buyer back to traditional Middle East sources

Vedanta Resources secures $300 million loan commitment for debt refinancing

In September 2024, Vedanta Resources raised $900 million in its first dollar bond issue in more than two years and later raised $800 million through another dollar bond issue in November

EAM Jaishankar to meet UAE counterpart on Dec 12 for strategic dialogue

Jaishankar and Al Nahyan will review the entire gamut of bilateral strategic ties at a meeting of the India-UAE Strategic Dialogue on Thursday, officials said

Abu Dhabi's ADNOC gets CCI clearance to acquire Covestro for $16.4 bn

Fair trade regulator CCI on Tuesday said it has approved Abu Dhabi National Oil Company's (ADNOC) proposal to acquire Covestro for USD 16.4 billion. Abu Dhabi's state-owned oil firm ADNOC is an energy and petrochemicals group. "The proposed transaction relates to the acquisition of up to 100 per cent of the share capital of Covestro AG by ADNOC PJSC, ADNOC International Ltd and ADNOC International Germany Holding AG (ADNOC Germany) by way of an all-cash voluntary public takeover offer to all Covestro shareholders. "Upon closing of the public takeover, ADNOC Germany will additionally subscribe to 1.89 crore new shares in Covestro, corresponding to 10 per cent of Covestro's current share capital, by means of a capital increase against cash consideration with the exclusion of subscription rights of any remaining minority shareholders of Covestro," the Competition Commission of India (CCI) said in a release. The company runs its India operations through Covestro (India) Pvt Ltd. Coves

Abu Dhabi's $1 trn sovereign investor seeks innovation in private credit

The new fund launches followed a surprise filing from Apollo Global Management Inc. and State Street Corp. in September for an ETF that will include private credit investments

Akasa Air signs codeshare partnership with Abu Dhabi-based Etihad Airways

A codeshare partnership allows one airline to market and sell seats on a flight operated by the other

Outlook on Adani investments unchanged amid indictment: Abu Dhabi's IHC

The IHC statement comes soon after Adani group emphasised that its chairman and his aides have not been charged under the US Foreign Corrupt Practices Act

Lulu Retail Holdings shares fall on debut after $1.72 bn Abu Dhabi IPO

The hypermarket chain operator fell to as much as 1.99 dirhams ($0.54) per share in its Abu Dhabi trading debut, down 2.5 per cent from the offer price of 2.04 dirhams

Abu Dhabi's $1 trillion wealth fund rejigs strategy to speed up deals

ADIA is working with a wider range of hedge funds offering everything from long-only bets to quant wagers, although its overall exposure to that sector won't necessarily increase

Abu Dhabi, Microsoft partner on AI push to make energy mkt more efficient

"It will speed up seismic surveys from months to days," Al Jaber said, adding that it will also make the industry more sustainable by reducing emissions

Dubai, Abu Dhabi race to lure world's asset managers, billionaires

Emergence of companies in a range of new sectors and potential for business created by Abu Dhabi's investments have not gone unnoticed in the international financial community