ABU DHABI / WAM The UAE has strongly condemned the Houthi terrorist attack against Saudi Arabia’s Abha International Airport, which resulted in the injury of many civilians. In a statement, the MOFAIC said UAE strongly condemned this terrorist act which utilised military projectile capabilities, and deemed it as new evidence of the Houthi’s hostile and terrorist tendencies that seek to ...

Bloomberg Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, plans to buy out Vornado Realty Trust’s 25 percent stake in the midtown Manhattan office tower at 330 Madison Ave, according to a person familiar with matter. The deal would give the Abu Dhabi fund, already the building’s majority holder, full ownership. Vornado said it agreed ...

ABU DHABI / WAM Aldar Properties on Wednesday launched Alreeman II, an AED1.7 billion master-planned residential community in the Alshamkha area of Abu Dhabi, available exclusively for purchase by UAE nationals. Alreeman II follows the success of Alreeman, launched in January 2019 which generated as much as AED1.6 billion in sales. Spread across an area of 2.4 million square metres, ...