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Abu Dhabi supports private sector to unlock potential of public land

Abu Dhabi / WAM The Abu Dhabi Investment Office (ADIO) announced that it has finalised enhancements to the Musataha agreement that will give private sector investors greater opportunities to deliver long-term projects in the emirate. According to a press release issued by ADIO, the Musataha rights enables private sector to develop land owned by government agencies and benefit from projects ...

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Etihad Airways to recommence flights to Athens

ABU DHABI / WAM Etihad Airways will recommence flights from Abu Dhabi to Athens, Greece, effective June 24. The twice-weekly schedule will be operated on Wednesdays and Saturdays using a two-class Boeing 787-9 Dreamliner. In a statement, the airline said the flights will connect guests travelling to and from Athens with key destinations in Asia and Australia via Abu Dhabi. ...

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Oil shows signs of stronger demand despite virus danger

Bloomberg The oil market showed signs of tighter supply as key gauges of its health rallied, although concerns remain over a resurgence in coronavirus cases in China and the US. Futures in London and New York gained, while Brent for August was trading above the September contract, a sign of scarcer supply in Europe’s physical market. Oil prices in the ...

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