Uber said on Sunday that it had suspended services in Abu Dhabi due to “unforeseen circumstances.” Observers suggest that the company is facing potential difficulties with local regulators. Uber has operated in the UAE since 2013. Dubai-based Careem said in a statement…
Tag: Abu Dhabi
New bank for Abu Dhabi finance zone
For full coverage of Middle East business, see MEED Abu Dhabi Financial Group (ADFG) and Bahrain’s GFH Financial Group are setting up a a jointly-owned Islamic bank in Abu Dhabi’s new financial free zone, ADFG chief executive Jassim Al Seddiqi…
Abu Dhabi launches event licensing system
For full coverage of Middle East businss see MEED An events licensing system for the official registration of events and conferences in Abu Dhabi was launched today in a decree issued by Abu Dhabi crown prince and Abu Dhabi Executive…
Fitch affirms Abu Dhabi at AA
For full coverage of Middle East events see MEED Fitch Ratings announced today that it has affirmed Abu Dhabi’s long-term foreign and local currency issuer default ratings (IDR) at AA with stable outlooks. The issue ratings on Abu Dhabi’s senior…
Etihad named business airline of the year
For full coverage of Middle East business events, see MEED Etihad Airways was named last night as business airline of the year at the 2016 Business Travel Awards at the Grosvenor House Hotel on London’s Park Lane. The awards, organised…
Etihad reports 17 per cent passenger growth in 2015
For full coverage of business developments in the Middle East, see MEED Etihad Airways, the national airline of the UAE carried 17.4m passengers in 2015, 17 per cent than the figure for 2014, and operated 97,400 flights which covered 467 million…
Dolphin energy rating affirmed
For full coverage of Middle East business, see MEED Fitch Ratings has affirmed Dolphin Energy Limited’s (DEL’s) $1,250m 5.888 per cent secured bonds due 15 June 2019 and $1,300m 5.5 per cent secured bonds due 15 December 2021 at A+.…
New Etihad ad campaign targets UAE nationals
For full coverage of Middle East developments, see MEED Etihad Airways, the international airline of Abu Dhabi, will launch on 1 December a new marketing campaign targetting UAE nationals and highlighting local traditions, values and heritage. The initial phase of…
Five concerts planned in Abu Dhabi for New Year
For full coverage of Middle East business developments, see MEED Five star-studded New Year concerts will entertain revellers in Abu Dhabi as part of a programme of entertainment on 29-31 December presented by Abu Dhabi Tourism & Culture Authority (TCA…
First cruise ships call at Sir Bani Yas in Abu Dhabi
Abu Dhabi Ports─the master developer, operator and manager of ports and industrial zones in the Emirate―has started welcoming cruise liners at Sir Bani Yas Island, the Gulf’s first cruise beach stopover in Abu Dhabi. Two prominent luxury cruise vessels made…