Abu Dhabi Aviation (ADA) was formed in 1976 as a joint venture agreement between the Emirate of ABU DHABI (eighty percent) and a foreign Company (twenty percent) with a capital of Dh. 2,000,000. The Company at that time only operated two aircraft. As part of His Highness Sheikh Zayed Bin Sultan Al-Nahyans policy of encouraging National companies and investment within the country, the transfer of the company to full public status was effected on 16 May 1982, providing for the establishment of a ...
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