Recent Posts

Aldar unveils AED1.15b Yas Park Gate project

  Abu Dhabi / WAM Aldar Properties has announced the launch of Yas Park Gate, its latest gated community which will be located on the doorstep of Yas Park, a first of its kind family and recreational activity park in Abu Dhabi. As a natural progression in the development of the second phase of North Yas, the AED1.15 billion residential ...

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Adnoc Drilling acquires additional offshore jack-up rig for $70 million

  Abu Dhabi / WAM Adnoc Drilling Company (Adnoc Drilling) on Wednesday announced it has signed a sale and purchase agreement (SPA) to acquire an additional premium offshore jack-up drilling unit (rig) for $70 million. The cost of the acquisition is part of the company’s three-year guidance on capital expenditure and strategic plans to expand its existing business. The sale ...

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Abu Dhabi Airports sees 6.3mn passengers in H1

  Abu Dhabi / WAM Abu Dhabi Airports, the operator of the five airports in the emirate of Abu Dhabi, on Wednesday released its passenger traffic report for the first half of 2022. The report revealed healthy figures for passenger traffic of 6,299,725 across Abu Dhabi International, Al Ain International, Al Bateen Executive, Delma and Sir Bani Yas Island airports ...

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