Abu Dhabi National Oil Company (ADNOC) will change its crude oil pricing system from November 1, moving from Murban crude futures to prompt-month Platts Dubai pricing as the main benchmark. The ADNOC Oil Pricing Change will apply to all of the company’s crude grades, including Murban, Das, Umm Lulu and Upper Zakum. The company said the new system will better match official selling prices with the actual month of cargo loading. Under the updated method, ADNOC will announce price differences compared with Dubai quotes during the month before shipments are loaded. The company said the move will improve transparency for…
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Abu Dhabi is expanding its global role in culture, tourism and creativity through major development projects designed to support economic growth and international recognition. The Abu Dhabi Cultural Projects are part of a long-term strategy focused on building a stronger creative economy, improving tourism experiences and creating new opportunities across the emirate. Major developments, including the Saadiyat Cultural District, Guggenheim Abu Dhabi, the Abu Dhabi Sphere on Yas Island and the Disney entertainment resort, are moving forward as key parts of the emirate’s future vision. These projects aim to create more than new tourist attractions. They are designed to build…
The Parent Friendly Label UAE application deadline has been extended to August 14, 2026, giving more organisations across the country extra time to apply for the latest programme cycle. The Abu Dhabi Early Childhood Authority announced the extension after receiving strong interest from semi-government, private and third-sector organisations. The additional time will allow more employers to complete their applications and submit the required information. The programme recognises organisations that create workplace policies and practices designed to support working parents. It aims to help employees manage both their professional duties and family responsibilities. The Parent Friendly Label UAE initiative has continued…
Formula One has confirmed that the Qatar and Abu Dhabi Grands Prix remain on the 2026 calendar. The sport has also prepared contingency plans in case regional tensions affect the final two races of the season. Formula One President and Chief Executive Officer Stefano Domenicali said both races are still scheduled as planned. The Qatar Grand Prix is set for 29 November, while the Abu Dhabi Grand Prix at Yas Marina Circuit will take place on 6 December. Domenicali said Formula One will continue to monitor developments before making any decision. He explained that officials want to give the situation…
Cleveland Clinic Abu Dhabi has introduced a new robotic technology designed to improve early lung cancer detection and diagnosis. The hospital said the system is the first robotically assisted bronchoscopy platform available in the Middle East and can reach small lung nodules that are often difficult to access using traditional methods. The technology is expected to help doctors identify lung cancer at an earlier stage, when treatment options are more effective and patient outcomes are generally better. The hospital said the system allows specialists to examine and biopsy tiny lung nodules located deep inside the lungs without the need for…
Julius Baer (Middle East) Ltd has signed a strategic agreement with Dubai’s Department of Economy and Tourism (DET) to support international investors, entrepreneurs, and family offices looking to establish or expand their presence in the emirate. The agreement aims to strengthen Dubai’s position as a leading global destination for wealth management, investment, and business growth. Through the partnership, Julius Baer will use its international network to connect clients interested in relocating their wealth, businesses, and families to Dubai with opportunities across the emirate’s economic ecosystem. Julius Baer operates in more than 25 countries and over 60 locations worldwide. The private…
Aldar Properties reported strong financial results for the first half of 2026, with net profit after tax rising 18 percent year on year to Dh4.9 billion. The Abu Dhabi-based developer said the growth was driven by revenue recognition from its large development backlog and stable earnings from its investment property portfolio. Revenue for the six months ended June 30 increased 8 percent to Dh16.8 billion. Gross profit rose 17 percent to Dh6.2 billion, while EBITDA climbed 19 percent to Dh6.3 billion. Earnings per share also increased 17 percent to Dh0.53, reflecting steady operational performance across the business. The company delivered…
Abu Dhabi is moving forward with its long-term cultural plans despite ongoing challenges across the region. The upcoming opening of Guggenheim Abu Dhabi marks a major step in the capital’s effort to build one of the world’s leading cultural destinations. Guggenheim Abu Dhabi is set to open on December 11, 2026. The museum has been in development for nearly two decades. Designed by renowned architect Frank Gehry, the project is one of the most anticipated cultural developments in the Middle East. The announcement comes during a period of regional uncertainty. Travel disruptions, security concerns, and political tensions have affected many…
Etihad Airways is expanding its African network after signing agreements with three regional airlines in July. The partnerships with Air Peace, Africa World Airlines, and Fastjet Zimbabwe will help passengers connect beyond cities served directly by Etihad flights. The agreements will increase travel options between Abu Dhabi and several African markets. Passengers will be able to use combined tickets, making transfers easier through partner airline networks. Etihad signed an interline agreement with Air Peace in Lagos during July. The airline also completed a partnership agreement with Africa World Airlines in Accra on July 24. Fastjet Zimbabwe agreed to a similar…
UFC 333 Abu Dhabi will bring the world’s top mixed martial arts action back to Yas Island this fall. The Ultimate Fighting Championship has confirmed that the event will take place at Etihad Arena on Saturday, October 24. The return of UFC to Abu Dhabi continues a successful partnership between the organization and the Department of Culture and Tourism Abu Dhabi. The collaboration has helped establish the city as a major global destination for combat sports. Fans from around the world will gather in Abu Dhabi for a night of high-level MMA competition. The event is expected to feature top…
