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1971 Dec 2
The British pulled out of the Trucial States (7 coastal Arab sheikhdoms that included Sharjah) in the Persian Gulf and these states formed the United Arab Emirates (UAR). Abu Dhabi, Dubai, Sharjah, Ras al Khaimah, Umm al Qaiwain, Ajman and Fujairah merged to form the new federation.
Links: UAE, Britain, Dubai, Abu Dhabi     Click to see the source(s) for this event 
 
1973
Abu Dhabi and other oil producers had a massive surge in revenue following an oil-price surge.
Links: UAE, Oil, Abu Dhabi     Click to see the source(s) for this event 
 
1976
Sheik Zayed of Abu Dhabi set up the Abu Dhabi Investment Authority (ADIA), which invested heavily in real estate abroad. At the same time the government tightened control of property at home. By 2006 the fund had accrued an estimated $200-500 billion.
Links: UAE, Real Estate, Abu Dhabi     Click to see the source(s) for this event 
 
1985
Gulf Air, a joint venture between Abu Dhabi, Bahrain, Oman and Qatar, decided to cut back its services to Dubai. This prompted Dubai to launch its own airline. The Emirates Airline began in the UAE with 2 rented planes and a $10 million investment from Dubai’s ruling family under the direction of Maurice Flanagan. In 2005 the state-owned operation planned to double its 73-plane fleet.
Links: Qatar, Bahrain, UAE, Aviation, Dubai, Oman, Abu Dhabi     Click to see the source(s) for this event 
 
1990 Jan 16
Two Bank of Credit and Commerce (BCCI) members pleaded guilty to money laundering.
Links: UAE, USA, Florida, Corp. Scandal, Abu Dhabi, Banking     Click to see the source(s) for this event 
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1991 Mar 4
The Bank of Credit & Commerce International divested itself of 1st American Bank. BCCI was majority owned by the Abu Dhabi Investment Authority (ADIA).
Links: UAE, Abu Dhabi, Banking     Click to see the source(s) for this event 
 
1991 Jul 5
A worldwide financial scandal erupted as regulators in eight countries shut down the Bank of Credit and Commerce International, charging it with fraud, drug money laundering and illegal infiltration into the U.S. banking system. BCCI, headquartered in Abu Dhabi, United Arab Emirates, failed. It was chartered in Luxembourg and the Cayman Islands and had offices in 70 countries. The ruling family of Abu Dhabi was the major investor and faced huge liability claims from depositors around the world. In 1997 a British court convicted Pakistani shipping tycoon, Abbas Gokal -chairman of the defunct Gulf Group, of a 1.2 billion fraud that led to the collapse. Larry Gurwin later co-authored "False Profits: The Inside Story of BCCI, The World’s Most Corrupt empire."
Links: UAE, Corp. Scandal, Abu Dhabi, Banking, Fraud     Click to see the source(s) for this event 
 
1991 Dec 19
The failed Bank of Credit and Commerce International (BCCI) agreed to settle federal racketeering charges by forfeiting all its U.S. assets.
Links: UAE, USA, Corp. Scandal, Abu Dhabi, Banking     Click to see the source(s) for this event 
 
1994
In Abu Dhabi, UAE, 13 former BCCI officials were tried and 12 were convicted and sentenced to jail and terms with civil damages to $9 billion.
Links: UAE, Abu Dhabi     Click to see the source(s) for this event 
 
2003
Abu Dhabi launched its Etihad airline by royal decree. In 2004 it made an $8 billion order for new airplanes.
Links: Aviation, Abu Dhabi     Click to see the source(s) for this event 
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2004 Nov 2
Sheik Zayed bin Sultan Al Nahyan (86), United Arab Emirates President, died. Sheik Zayed became the ruler of Abu Dhabi, the largest and wealthiest emirate, in 1966, four years after the emirate first began exporting the oil it just discovered off its shores. He left behind 19 sons including 4 brothers known as the Bani Fatima, whose mother was a favorite wife of Zayed. Eldest son Sheikh Khalifa bin Zayed (b.1947) succeeded his father.
Links: UAE, Abu Dhabi     Click to see the source(s) for this event 
 
2004
Sheik Issa bin Zayed Al Nahyan (40), a half brother of the Emirati president, beat a man said to be the Afghan worker in an empty stretch of the Abu Dhabi desert. The beating was filmed by Texas businessman Bassam Nabulsi. The victim, identified as Afghani grain dealer Mohammed Shapoor, survived the beatings. In 2009 Nahyan went on trial on torture charges.
Links: UAE, Abu Dhabi     Click to see the source(s) for this event 
 
2005 Mar
Sheik Khalifa, ruler of Abu Dhabi, issued a decree granting citizens the right to buy and sell land.
Links: CAR, Real Estate, Abu Dhabi     Click to see the source(s) for this event 
 
2005 Aug
Sheik Khalifa, ruler of Abu Dhabi, signed Law No. 19, which formally abandoned the old property regime and permitted the sale of freehold rights by citizens and in certain areas 99-year leases by foreigners.
Links: CAR, Real Estate, Abu Dhabi     Click to see the source(s) for this event 
 
2005 Dec 14
In the UAE Abu Dhabi overhauled business ownership laws allowing foreigners to own 100% of businesses in special economic zones.
Links: UAE, Abu Dhabi     Click to see the source(s) for this event 
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2006 Mar
Persian Gulf stock markets suffered their 1st serious correction after years of 6-7% annual gains. Stock market reversals in Abu Dhabi and Dubai in the UAE, along with Kuwait, Qatar and Saudi Arabia triggered outrage among local small investors.
Links: Qatar, UAE, Kuwait, Saudi Arabia, Dubai, Abu Dhabi     Click to see the source(s) for this event 
 
2006 Jul 8
The Guggenheim Foundation announced it had commissioned American architect Frank Gehry to build a new branch of the Guggenheim modern and contemporary art museum in Abu Dhabi. The $400 million structure was planned as a showpiece for Saadiyat Island’s Culture District.
Links: Architect, Museums, Abu Dhabi     Click to see the source(s) for this event 
 
2006
In Abu Dhabi a diabetes center was opened by the Imperial College of London. In 2008 almost a fifth of the UAE’s native population suffered from diabetes.
Links: UAR, Medical, Abu Dhabi     Click to see the source(s) for this event 
 
2006
Abu Dhabi, with a population of about 250,000, sat on a tenth of the world’s oil.
Links: Oil, Abu Dhabi     Click to see the source(s) for this event 
 
2006
Abu Dhabi’s government Authority for Culture and Heritage launched The Million's Poet to encourage poetry.
Links: Poet, Abu Dhabi     Click to see the source(s) for this event 
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2006
Abu Dhabi initiated the development of Masdar, a new smart city built on a raised platform and expected to house 40,000 people.
Links: Architect, Abu Dhabi     Click to see the source(s) for this event 
 
2007 Apr 29
Japan and the resources-rich United Arab Emirates agreed to launch a high-level dialogue aimed at boosting economic ties and to speed up talks on a free trade pact. Officials of the governmental Japan Bank for International Cooperation decided to extend massive loans to Abu Dhabi National Oil Co. in exchange for securing a stable oil supply for Japan.
Links: UAR, Oil, Japan, Abu Dhabi     Click to see the source(s) for this event 
 
2007 Apr
The International Prize for Arabic Fiction was officially launched in Abu Dhabi, capital of the United Arab Emirates (UAE). In 2008 the Philanthropy in Abu Dhabi awarded the 1st annual Int’l. Prize for Arabic Fiction to Bahaa Taher for “Sunset Oasis.”
Links: UAR, Writer, Abu Dhabi     Click to see the source(s) for this event 
 
2007 May 10
US VP Cheney arrived at Abu Dhabi in the United Arab Emirates to a red carpet welcome. The vice president is on a weeklong tour of the Middle East that will also take him to Saudi Arabia, Egypt and Jordan.
Links: UAR, USA, Abu Dhabi     Click to see the source(s) for this event 
 
2007 Jun 12
It was reported that the Hadzabe tribe of Tanzania, numbering fewer than 1,500, faced a hastening extinction following a government deal to lease 2,500 square miles of tribal hunting land to members of the Abu Dhabi royal family. Schools, roads and other projects were offered in compensation.
Links: Tanzania, CAR, Abu Dhabi     Click to see the source(s) for this event 
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2007 Jul 27
Pakistan’s Pres. Musharraf held secret talks in Abu Dhabi with former PM Benazir Bhutto. In Islamabad hundreds of students clashed with security forces and a nearby bombing killed 13 people during the reopening of the Red Mosque for the first time since a bloody army raid to oust Islamic militants from the complex. In Quetta gunmen opened fire on the vehicle of Raziq Bugti, the official spokesman for a provincial government in Pakistan on the border with Afghanistan, killing him.
Links: UAR, Pakistan, Abu Dhabi     Click to see the source(s) for this event 
 
2007 Sep 26
Abu Dhabi signed a $1 billion deal with Warner Brothers to jointly produce big budget films and video games.
Links: UAR, Film, Abu Dhabi     Click to see the source(s) for this event 
 
2007 Nov 3
Abu Dhabi began work on building the world's first Ferrari theme park, another step in the Gulf emirate's ambition to become a global centre for leisure, sport and culture.
Links: UAR, Cars, Abu Dhabi     Click to see the source(s) for this event 
 
2007 Nov 16
Mubadala Development, an investment arm of Abu Dhabi, announced that it would pay $622 million for 8.1% of Advanced Micro Devices (AMD).
Links: UAR, Computer, Abu Dhabi     Click to see the source(s) for this event 
 
2007 Nov 26
Citigroup announced that the investment arm of the Abu Dhabi government will take a 4.9% stake and provide a $7.5 billion capital infusion.
Links: UAR, USA, Big Money, Abu Dhabi     Click to see the source(s) for this event 
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2007 Dec 17
Japan and the United Arab Emirates signed an accord to strengthen economic ties, including a deal for Japanese banks to extend a multibillion-dollar loan to a state-owned Abu Dhabi oil firm.
Links: UAR, Japan, Abu Dhabi     Click to see the source(s) for this event 
 
2008 Jan 13
In Abu Dhabi, UAR, President Bush said that Iran is threatening the security of the world, and that the United States and Arab allies must join together to confront the danger "before it's too late."
Links: UAR, USA, BushGW, Abu Dhabi     Click to see the source(s) for this event 
 
2008 Feb
In Abu Dhabi ground was broken on the Masdar Institute of Science and Technology, the 1st step in an initiative to foster renewable energy and environmental technologies. The Masdar Initiative was initially unveiled in 2006.
Links: UAR, Environment, Abu Dhabi     Click to see the source(s) for this event 
 
2008 Jun 16
It was reported that Texas businessman Bassam Nabulsi had a federal lawsuit against Sheik Issa Bin Zayed Al Nahyan, a son of the late UAE president and brother of Abu Dhabi's crown prince. Nabulsi said he safeguarded the sheik's most important documents: financial records, investment documents, and videotapes showing the sheik torturing people with a cattle prod and a spiked plank.
Links: UAR, USA, Texas, Abu Dhabi     Click to see the source(s) for this event 
 
2008 Jul 9
It was announced that the Abu Dhabi Investment Council had purchased a 90% stake in NYC’s Chrysler Building for $800 million.
Links: USA, NYC, Real Estate, Abu Dhabi     Click to see the source(s) for this event 
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2008 Jul
Mubadala Development, an investment arm of Abu Dhabi, announced that it intended to become a major shareholder in GE.
Links: USA, Big Money, Abu Dhabi     Click to see the source(s) for this event 
 
2008 Aug 21
Forbes magazine reported that Thailand's King Bhumibol Adulyadej (80) is the world's richest royal sovereign with a fortune estimated at 35 billion dollars, and oil-rich Sheikh Khalifa Bin Zayed Al Nahyan (60) of Abu Dhabi is far back at No. 2 with 23 billion.
Links: Thailand, Big Money, Magazine, Abu Dhabi     Click to see the source(s) for this event 
 
2008 Oct 5
Abu Dhabi’s Mubadala Development Co. and Texas-based ConocoPhillips said they have signed a deal with Kazakhstan’s national oil company to drill in a potentially lucrative region in the Caspian Sea.
Links: Kazakhstan, USA, Oil, Texas, Abu Dhabi     Click to see the source(s) for this event 
 
2008 Oct 7
Advanced Micro Devices (AMD) and Advanced Technology Investment, a recently formed investment firm owned by the government of Abu Dhabi, said they will become joint owners of a new company that will take over AMD’s factories in Germany.
Links: USA, Germany, M&A, Abu Dhabi     Click to see the source(s) for this event 
 
2008 Oct 31
Middle East investors will own up to one third of Barclays Plc after Abu Dhabi and Qatar provided most of 7.3 billion pounds ($12.1 billion) raised by the bank to repair damage from the global financial crisis and avoid taking UK government rescue funds.
Links: Qatar, Britain, Abu Dhabi, Banking     Click to see the source(s) for this event 
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2009 May 5
H.H Sheikh Sultan Bin Tahnoun Al Nahyan, Chairman of the Abu Dhabi Tourism Authority (ADTA), announced the official launch of Al Ain Wildlife Park and Resort at the Intercontinental Hotel in Abu Dhabi. Sudan had recently signed a leasing agreement with an Al Ain National Wildlife for some 6,180 square miles of southeastern wilderness to be developed as a safari site with semi-permanent tented camps and top-class hotels.
Links: Sudan, Abu Dhabi     Click to see the source(s) for this event 
 
2009 May 26
French President Nicolas Sarkozy opened his nation's first military base in the Gulf outside Abu Dhabi, boosting the naval presence along strategic oil routes and in pirate-infested waters off the Somali coast.
Links: UAR, France, Abu Dhabi     Click to see the source(s) for this event 
 
2009 Jul 28
At the EAA AirVenture air show in Oshkosh, Wisconsin, Aabar Investments, an Abu Dhabi-based sovereign wealth fund, and Virgin Galactic signed a strategic partnership in which Aabar would take a 32% stake in Virgin Galactic for $280 million. To date Virgin Galactic has been wholly owned and funded by Sir Richard Branson’s Virgin Group.
Links: UAR, USA, Wisconsin, Space, Abu Dhabi     Click to see the source(s) for this event 
 
2009 Sep 30
The 24 members of UNESCO's Intergovernmental Committee of Intangible Heritage granted the tango dance and its music protected cultural status at its meeting in Abu Dhabi. The designation may make Argentina and Uruguay, which both claim to be tango's birthplace, eligible to receive financial assistance from a specialized fund for safeguarding cultural traditions.
Links: Argentina, UN, Uruguay, Dance, Abu Dhabi     Click to see the source(s) for this event 
 
2009 Oct 31
US Secretary of State Hillary Rodham Clinton met with Palestinian President Mahmoud Abbas and aides in the Gulf emirate of Abu Dhabi before flying to Israel, where she is expected to meet senior Israeli officials in a push to restart peace negotiations. A senior Palestinian official said the Palestinians are unlikely to resume negotiations if Israel does not halt Jewish settlement building. After the talks Clinton called for an unconditional resumption of peace talks and welcomed Israel's offer for a slowdown in settlement activity.
Links: USA, Israel, Palestine, Real Estate, Abu Dhabi     Click to see the source(s) for this event 
We offer additional services to help you as well including tax attorney help with tax relief issues, auto accident attorney services, and sustainable development information to research going green!
2009 Nov 15
India's Essar Group, and energy-to-steel conglomerate, said it has agreed to buy a majority stake in Dhabi Group's telecommunication businesses in African nations Uganda and Congo.
Links: India, Uganda, CongoDRC, M&A, Telecom, Abu Dhabi     Click to see the source(s) for this event 
 
2009 Dec 14
The Dubai government said it will pay 4.1 billion dollars to cover maturing Islamic bonds issued by its Nakheel property developer after receiving a 10-billion-dollar handout from oil-rich Abu Dhabi.
Links: Dubai, Big Money, Abu Dhabi     Click to see the source(s) for this event 
 
2010 Jan 4
Dubai inaugurated the world's tallest skyscraper, the Burj Khalifa, hoping to shift international attention away from the Gulf emirate's deep financial crisis and rekindle the optimism that fueled its turbocharged growth. The name was secretly switched from Burj Dubai and unveiled to the public as the Burj Khalifa, after the emir of Abu Dhabi and UAE president Sheik Khalifa bin Zayed Al Nahyan. The observation deck was the only part of the tower that opened. It was closed in February following an elevator malfunction that left visitors trapped. The deck reopened on April 4. Work continued on the rest of the building's interior.
Links: UAR, Architect, Dubai, World Record, Abu Dhabi     Click to see the source(s) for this event 
 
2010 Jan 10
Abu Dhabi Sheik Issa bin Zayed Al Nahyan, a member of the United Arab Emirates ruling family being tried in connection with the videotaped beating of an Afghan man, was cleared of all charges. The video showed the prince beating the man with stick, pouring salt on his wounds and driving over him in a car. The victim, identified as Afghani grain dealer Mohammed Shapoor, survived the beatings.
Links: UAR, Afghan, Mad Man, Abu Dhabi     Click to see the source(s) for this event 
 
2010 Mar 17
In Abu Dhabi Hissa Hilal, only her eyes visible through her black veil, delivered a blistering poem against Muslim preachers "who sit in the position of power" but are "frightening" people with their fatwas, or religious edicts, and "preying like a wolf" on those seeking peace. She presented her 15-verse poem on the live TV “The Million's Poet” program.
Links: Poet, Abu Dhabi     Click to see the source(s) for this event 
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2010 Mar 26
The head of Abu Dhabi's sovereign wealth fund, the world's largest, went missing after his glider crashed in Morocco. Ahmed bin Zayed Al Nahyan's glider went down in a lake in Morocco. The pilot of the aircraft was rescued in good condition. The body of al-Nahayan was found on March 30.
Links: Air Crash, Morocco, Abu Dhabi     Click to see the source(s) for this event 
 
2010 Oct 18
Abu Dhabi-based newspaper The National reported that the UAE's highest judicial body has ruled that a man can beat his wife and young children as long as the beating leaves no physical marks.
Links: UAR, Sociology, Abu Dhabi     Click to see the source(s) for this event 
 
2010 Nov 29
British pay-TV giant BSkyB and Abu Dhabi Media Investment Corp. said they will launch a free-to-air Arabic language news channel under a joint venture.
Links: Britain, TV, Abu Dhabi     Click to see the source(s) for this event 
 
2010
In Abu Dhabi German entrepreneur Thomas Geissler, creator of the "Gold to Go" brand and chief executive of Ex Oriente Lux, installed a money machine at the Emirates Palace hotel that dispenses pure gold. The cash-for-gold machines were first tested in Germany in 2009.
Links: Germany, Money, Abu Dhabi     Click to see the source(s) for this event 
 
2011 Feb 27
In the United Arab Emirates 4 Americans aboard a turboprop plane were killed when their aircraft crashed shortly after takeoff in Abu Dhabi.
Links: UAR, Abu Dhabi     Click to see the source(s) for this event 
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2011 Mar 9
A group of citizens in the United Arab Emirates petitioned the rulers to allow the people to elect parliament. The petition was addressed to the Emirates' president and the ruler of the oil-rich capital Abu Dhabi, Sheik Khalifa bin Zayed Al Nahyan.
Links: UAR, Abu Dhabi     Click to see the source(s) for this event 
 
2011 Mar 14
The 4th $50 thousand International Prize for Arabic Fiction was split between Mohammed Achaari of Morocco, author of “The Arch and the Butterfly,” and Raja Alem of Saudi Arabia, author of “The Dove’s Necklace.” Alem was the first women winner.
Links: UAR, Morocco, Writer, Saudi Arabia, Abu Dhabi     Click to see the source(s) for this event 
 
2011 Apr 1
The UAR-owned MV Arrilah-1 came under attack in the Arabian Sea off the coast of Oman while sailing from Australia to Dubai. Emirati special forces, with support from the US Navy's 5th Fleet, launched a mission to rescue the vessel while 21 crew members kept safe by locking themselves in a secure room during the hijacking. 10 pirates were captured and handed over to Abu Dhabi.
Links: UAR, Pirates, Abu Dhabi     Click to see the source(s) for this event 
 
2011 Apr 25
Abu Dhabi state news agency said five activists, including a blogger and an academic, were detained for "opposing the government" in the oil-rich Gulf country.
Links: Abu Dhabi     Click to see the source(s) for this event 
 
2011 May 9
Abu Dhabi donated US$32 million dollars to Queensland to help protect the Australian state from cyclones in the wake of a monster storm that hit in February.
Links: Australia, Donation, Abu Dhabi     Click to see the source(s) for this event 
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