ABU DHABI/WAM Hotel establishments in Abu Dhabi generated revenues amounting to AED847 million in April 2025, comprising AED540 million from rooms, AED256 million from food and beverage, and AED51 million from other services. According to preliminary data released by the Department of Culture and Tourism – Abu Dhabi and issued by the Statistics Centre – Abu Dhabi, hotels across the ...

ABU DHABI/WAM Aldar has acquired high-quality warehousing and light industrial real estate assets in the Al Dhafra region of Abu Dhabi from Waha for AED530 million. The assets, which are located at ALMARKAZ Industrial Park – a flagship Industrial and Business Park Development – add 182,500 sqm of net leasable area (NLA) to Aldar Investment’s income-generating logistics portfolio. The freehold ...

ABU DHABI/WAM AL TAIF, the leading provider of maintenance, repair and overhaul (MRO) services and an entity of EDGE, one of the world’s leading advanced technology and defence groups, has signed a Memorandum of Understanding (MOU) with ST Engineering Land MRO & Services, a Singapore-based global technology, defence and engineering group. The preliminary agreement was signed by Rashed Al Kaabi, ...