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UAE Lender First Gulf Bank Sells 45% Stake In Brokerage

FGB, majority-owned by Abu Dhabi’s ruling family, signed an agreement with Integrated Financial Group.

Swiss Airline Darwin Waters Down Etihad Deal To Get Green Light

Etihad has agreed to relinquish a role in the appointment of top executives at Darwin.

Etihad Partners Air Berlin, Alitalia Sign Codeshare Deal

The airlines, both battling to return to profitability, said the codeshare deal would cover 412 flights between Italy, Germany, Austria and Switzerland.

Etihad’s Revenues Grow 29% In Q3 2014

The boost in third quarter revenues was mainly due to rising passenger demand and cargo growth during the summer, the airline said in a statement.

Abu Dhabi Plans Single Mobile Platform For E-Govt Services By 2015

Currently around 30 public entities are offering their services on mobiles, a senior official confirmed.

Air Berlin Dealt Blow As Germany Rejects Some Etihad Codeshare Flights

Etihad and Air Berlin have in the past shared codes on flights to around 60 destinations, meaning their number of shared flights will more than halve.

Video: Google Launches Street View Imagery Of Abu Dhabi’s Liwa Desert

The company placed its Trekker camera on top of a camel to capture the imagery.

Etihad Launches New Airline Partnership

Called Etihad Airways Partners, the group initially includes six airlines and aims to provide improved networks and better frequent flyer benefits.

Second Holiday Inn Opens In Abu Dhabi

IHG targets mid-market growth with second Holiday Inn in UAE capital

Abu Dhabi’s ADWEA And GDF Suez Close $1.5bn Mirfa IWPP Financing

The Mirfa IWPP was financed through a mix of bank debt and equity from the shareholders, a statement from ADWEA said.

Mubadala Acquires Full Ownership of IT Firm Injazat After Buying HP’s Stake

The Abu Dhabi fund acquired Hewlett-Packard’s 40 per cent stake in Injazat for an undisclosed sum.

Abu Dhabi’s ADS Securities Eyes Investment Banking, Asset Management

The firm announced it had completed the acquisition of 100 per cent of London-based Pioneer Trader Ltd.

Falcon Private Bank Appoints New Global Head Of Private Banking

Erich Pfister joins the bank from Credit Suisse, where he was head market area United Kingdom and international.

UAE’s Emke Group Buys Stake In East India Company

The group will acquire almost 10 per cent stake in British trading firm East India Company along with a 40 per cent share in its fine foods subsidiary.

Abu Dhabi Bourse Aims For Debt Trading Market With Govt Bond Listing

The introduction of debt listing and trading is expected to expand the exchange’s activities and make it easier for local companies to sell debt instruments.

Abu Dhabi’s TDIC Sells Out Phase 1 Of New Beachfront Project, Mamsha Al Saadiyat

The new mixed-use development is located in the Saadiyat Cultural District.

Germany Examines Etihad, Air Berlin Codeshare Plans

Air Berlin said that the authorities were trying to put a new spin on the provisions of an air transport deal between Germany and the UAE during the review of the airlines’ winter schedules.

Abu Dhabi Grants Licenses For Solar Power Generation

Abu Dhabi Judiciary and Al Ain Zoo are among the institutions granted licenses to generate electricity through solar power.

Etihad Launches Its First Boeing 787-9 Dreamliner Aircraft

The Abu Dhabi carrier’s first Boeing 787-9 Dreamliner will be delivered in December this year, the company said.

Etihad Launches First A380 And New Corporate Look

New-look UAE National Airline unveils the first of 10 A380s which aims to fly from December

Mubadala GE Capital Considers Bond Issue

The company is casting its eye over potential arrangers of the bond, though no banks have been mandated yet for the trade, sources say.

Etihad Inks $14m Deal For Crew Training Equipment

As per the deal, Spatial Composite Solutions will provide Etihad with 14 cabin crew-training devices and will also refurbish the existing training equipment.

Masdar Buys 35% Stake In British Offshore Wind Farm Project

Masdar bought the stake in a $2.5 billion 402 MW offshore wind project from Norway’s Statoil.

Abu Dhabi Bourse In Talks Over Four Potential IPOs, Two This Year

New flotations on the bourse had been held back by low investor confidence after the index slumped in the wake of the global financial crisis and a local real estate crash.

Etihad Launches Massive Recruitment Drive For Cabin Crew gulf business

Recruiting will take place in 12 cities across five countries including Italy, Germany, Japan, Morocco and Tunisia.

Etihad Airways To Raise $2bn In 2014 To Fund Stake Buys, Aircraft

The funds would be raised through loans, the airline’s chief financial officer confirmed.

Abu Dhabi’s Mubadala Posts 23% Profit Rise On Higher JV Income

Income from Mubadala’s joint venture businesses doubled to Dhs2.12 billion, thanks to Emirates Global Aluminium and Dolphin Energy.

Abu Dhabi’s Waha Capital To Buy Back Up To 10% Of Stock

Waha said the programme, approved by its board on Wednesday, would allow it to repurchase up to 194 million shares.

ENEC Says UAE’s First Nuclear Reactor Is 57% Complete

The first nuclear reactor is scheduled to enter commercial operations by 2017, the UAE’s nuclear agency said.

Etihad CEO Says Model Of Global Airline Alliances Is ‘Fractured’

The Gulf carrier plans to instead invest in equity stakes and codeshare deals to grow, said James Hogan.