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Abu Dhabi Aviation completes transaction to acquire stakes in Etihad Engineering, AMMROC, GAL

Abu Dhabi Aviation completes transaction to acquire stakes in Etihad Engineering, AMMROC, GAL

a leading aviation service provider headquartered in Abu Dhabi, has successfully completed a transaction for the acquisition of stakes in Etihad Airways Engineering (EYE), Advanced Military Maintenance Repair and Overhaul Centre (AMMROC) and Global Aerospace Logistics (GAL) from a wholly owned subsidiary of ADQ, an Abu Dhabi-based investment and holding company, in return for shares in ADA.

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KEZAD signs 792 investment agreements in 2023

KEZAD signs 792 investment agreements in 2023

Abdullah Al Hameli, CEO of Economic Cities & Free Zones (EC&FZ) at AD Ports Group, has highlighted KEZAD Group's significant growth, with 792 contracts signed and 5 million m2 of land area under contract placed, aligning seamlessly with Abu Dhabi's economic objectives.