Abu Dhabi Commercial Bank To Issue Two-Tranche Bond

The UAE lender will issue a benchmark-sized five-year bond and also a ten-year subordinated deal.

Qatar Holding To Seek Credit Ratings This Year

The Qatar sovereign has ratings of Aa2 from Moody’s and AA from S&P, and was in the bond market last summer with a $4 billion sukuk issue.

UAE Etihad’s Pause Highlights India Investment Risk

Etihad’s pause over taking a stake in Jet Airways highlights the difficulties Gulf investors have faced in India.

Air Berlin Makes First Profit In Five Years

Shares in Germany’s second biggest airline jump after Etihad Airways buys stake in frequent flyer programme.

Kingdom Holding To Pay $147m In Dividends

The firm made a net profit of 209.6 million riyals ($55.9 million) in the fourth quarter.

Kvitova Wins Dubai Duty Free Tennis Championships

The Czech claimed her 10th tour victory with the win over Sara Errani on Saturday.

After Big Delays, Kuwait Moves Ahead On Infrastructure

The Gulf state is pushing ahead with a $2.6 billion plan to build a 36 km causeway connecting Shuwaikh port with the north of the country.

Etihad and Kenya Airways sign codeshare agreement

Deal provides Abu Dhabi carrier with better connectivity throughout Africa and Nairobi-based airline with improved international access.

Qatar Gives $100m In Humanitarian Aid To Syria

Donor countries meeting in Kuwait last month pledged more than $1.5 billion to aid Syrians affected by the civil war.

Saudi Arabia Salaries Increased 5.8% In 2012

The government’s bumper spending spree translated into higher salaries in the Kingdom.

Qatar Airways Becomes First ME Airline To Fly To Cambodia

Alongside funnelling east-west business traffic via Doha, the new route will appeal to leisure travelers.

Qatar’s Doha Bank To Launch $426m Rights Issue

The issue will be split equally between a local offering and global depositary receipts (GDRs) in London.

London’s Shard Group To Manage Saudi’s Kingdom Tower

Mace will manage the development while the 1km tower will be built by Saudi construction firm Bin Laden Group.

UAE Close To Decision On UK, French Fighters

The French Rafale jet and BAE Systems-backed Eurofighter Typhoon are in a closely-contested race to win the deal.

Bahrain’s Al Baraka Q4 Income Up 24%

The bank made a net profit of $26 million for the final three months of 2012, meaning a full-year profit gain of 13 per cent.

Hamptons MENA Reports 19% Growth In Dubai Property

The real estate firm recorded improved sales in established communities such as Downtown Dubai and Dubai Marina.

Dubai International Boat Show Welcomes Superyacht Builders

Dubai opens its boat show as survey reveals 60 per cent of world’s top 100 superyachts are in the Middle East.

Oman’s Bank Muscat Gets $195m Equity Investment

International Finance Corp is to buy into the lender with a 5.28 per cent private share placement.

Emirates Banks Association To Change Name

The group will now be known as UAE Banks Federation to better reflect ‘the union of UAE banks’.

UAE’s Etisalat Writes Down Foreign Units By $769m

Last year the operator wrote off the $827 million value of its Indian operation in its 2011 fourth-quarter results.

Bahrain’s Ahli United Bank Sees 11.8% Q4 Profit

The lender said earlier this month it was seeking regional acquisition targets after selling a 29.4 per cent stake in Qatar’s Ahli Bank.

Saudi King Swears In Shura Council’s First Women Members

King Abdullah is seen as having pushed to cautiously advance the role of women in Saudi society.

Qatar To List $12bn Firm With Wealth Fund Assets

Qatar Holding’s vice-chairman says the firm will invest in shares, bonds and private equity.

Emaar Says India Roadshow Gets “Strong Response”

The developer is showcasing its Dubai-based properties to Indian investors.

FIFA is considering a request from the South American Football Confederation for hosts Qatar to play Ecuador a day earlier than previously planned

Qatar To Spend $120bn In Seven Years For 2022 World Cup

The tiny Gulf state will spend $220 billion in total as part of its National Vision 2030.

Mubadala Converts Aldar Bonds Boosting Capital 10%

Aldar, which has been bailed out by the Abu Dhabi government over the past two years, plans to merge with rival Sorough.

Drake & Scull Wins QAR300m Qatar Contract

As part of the contract, DSI will undertake MEP works for a mixed-use real estate development in Doha.

UAE’s du Sees Q4 Profit Jump On Tax Write Back

The telecoms operator made a fourth-quarter net profit of Dhs994 million, up from Dhs440 million in Q4 2011

Dana Shareholders To Vote On Restructuring Plan On Mar 14

The Abu Dhabi-listed energy firm missed repayment of its $920 million sukuk last year.

UAE Signs $1.4bn Defence Contracts, Including Drones

The largest deal was for 750 mine-resistant, ambush-protected, all-terrain vehicles from Oshkosh Corp.