AD Ports forms JV for services in Caspian, Black Sea
Abu Dhabi-based AD Ports Group, a leading facilitator of global trade, has signed an agreement with Kazmortransflot (KMTF), to launch a joint venture (JV) to provide offshore and shipping services for energy companies in the Caspian and Black Seas. The JV is 51 percent owned by AD Ports Group and 49 per cent owned by […]
Etihad Cargo expands capacity offering to US
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, will further reinforce its commitment to the US market with the introduction of an additional three weekly flights to John F. Kennedy International Airport (JFK) from April 24, 2023. The additional flights will bring Etihad Cargo’s total cargo capacity to over 600 tons out […]
Uber partners with Dubai Airport to facilitate visitor influx in tourist season
Uber on Tuesday announced a strategic partnership with Dubai Airports, to improve riders’ on-ground commute experience when arriving in Dubai. The partnership comes in preparation to meet the growing operational needs in Dubai, as tourist arrivals in the city peak this winter. Uber has also launched its latest innovative travel feature, Smart Itineraries. Once riders […]
Up in the air: Abu Dhabi-listed Easy Lease plans for drone delivery service
Abu Dhabi has moved a step closer to having delivery drones buzzing across its skies: Motorcycle-leasing company Easy Lease has teamed up with drone technology company SkyGo to provide package-delivery services. The company said in a statement to the Abu Dhabi Securities Exchange (ADX) that it has signed an MoU with SkyGo, which is the […]
Dubai’s Emirates deploys A380 to New Zealand for first time since 2020
Dubai’s long-haul operator Emirates Airline has deployed for the first time since 2020 its superjumbo aircraft to New Zealand due to increasing travel demand. The A380 flight, which has just made a touchdown at Auckland Airport, has made Emirates reclaimed the title for operating one of the world’s longest non-stop scheduled commercial flights, with an […]
Stats Group wins big Abu Dhabi subsea pipeline project work
UK-based Pipeline technology specialist Stats Group said it has been commissioned by UAE-headquartered oil and gas EPC contractor National Petroleum Construction Company (NPCC) to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project, on behalf of a national operating company. Stats said the project win is the […]
Uber appoints Hachem as GM to lead UAE and Levant
Uber has announced the appointment of Pia El Hachem as the General Manager at Uber across the UAE, Jordan, and Lebanon. In her new role, Hachem will be leading Uber’s strategy, operations, policy, and business development, while overseeing the company’s end-to-end business. Hachem has been at Uber since 2018 as the Strategy & Planning Lead […]
Flydubai to start flights to new EU, Asian tourist hotspots next year
Dubai’s low-cost carrier flydubai has announced plans to launch new flights to key destinations including Milan and Cagliari (Italy), Corfu (Greece), Pattaya and Krabi (Thailand) from next year. Also the airline has unveiled plans to resume its flights to the Saudi city of Al Hofuf on November 24. Since the start of 2022, flydubai began […]
Al Gharbia Pipe wins big supply contract for Abu Dhabi project
National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (The Group), has signed a purchase order agreement with Abu Dhabi-based Al Gharbia Pipe Company (AGPC) for the supply of 87 km of 34′ submerged arc welding line pipes for the Lower Zakum Long Term Development Phase-1 (LZ LTDP-1) New Main Gas […]
AD Ports Group acquires 80% of GFS for $790mln
Abu Dhabi’s AD Ports Group has announced an AED 2.9 billion ($790 million) acquisition of an 80% stake in Dubai-based Global Feeder Shipping (GFS), implying a 100% enterprise value of AED 3.7 billion ($1 billion). The ports company said the acquisition of GFS had been fully funded through a new acquisition loan. “This earnings and […]