Abu Dhabi / Emirates Business Abu Dhabi Financial Group (ADFG) is launching Etihad REIT, a Shariah-compliant real estate investment trust (REIT). The REIT comprises a seed portfolio of 10 income producing assets situated in the UAE. Etihad REIT expects to raise further capital through an initial public offering (IPO) on a stock exchange in the UAE at an appropriate …

  Abu Dhabi / Emirates Business Etihad’s team at Abu Dhabi International Airport has welcomed 157 talented Emirati nationals from across the UAE after they graduated from the Etihad UAE National Development Foundation Programme (NDFP). Women make up 107 of the graduates and 50 are men. Within the group, 96 were trainees with Etihad Airport Services (EAS) and 61 trained …

  Bloomberg Oil advanced for a seventh day in New York, the longest gain since December, on confidence Saudi Arabia will support an extension to OPEC-led output cuts just as US stockpiles show signs of shrinking. Futures in New York were holding gains after rising 6.3 percent in the previous six sessions. Saudi Arabia is likely to back prolonging the …