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UAE’s Waha Capital Q2 Net Profit Jumps On AerCap Deal

Waha, whose shareholders include Abu Dhabi government entities, made Dhs1.14 billion in the second quarter of the year.

Abu Dhabi Islamic Bank Q2 Net Profit Jumps 22.6%, Beats Estimates

In May, the lender got regulatory approval to purchase much of Barclays’ retail operations in the UAE.

Etihad Launches Daily Flights To Perth, Rome

New routes will better connect Etihad with Europe and Western Australia, the airline said in a statement.

Etihad Chief Aims To Seal Alitalia Deal As Union Warns On Jobs

Etihad’s chief executive said that the company wants to “guarantee the success and long-term viability of Alitalia” through the deal.

UAE’s Falcon Aviation Signs $153m Bombardier Jet Deal

The transaction follows a letter of intent to acquire one CS300 aircraft and another option that was announced in February 2014.

Etihad To Start Daily San Francisco Flights

San Francisco becomes Etihad’s sixth US destination.

Dubai Beats Abu Dhabi To Become The UAE’s Most Expensive City – Mercer

Dubai jumped 23 spots to rank as the 67th most expensive city in the world for expatriates.

UAE’s Dana Gas Says Wins Right To Some Payments From Iraqi Kurdistan

The firm had filed an arbitration case in London last October against the Kurdistan Regional Government (KRG), to obtain payments for products which it had delivered.

Abu Dhabi’s Aldar Properties Appoints CEO

Al Mubarak had been serving as the deputy chief executive and chief portfolio management officer of the company since shareholders approved the merger in March 2013.

UAE Announces Two New MERS Cases

Both the patients are stable and are receiving necessary medical care, the Ministry of Health said.

Etihad To Launch Six Routes In 2015

Abu Dhabi carrier to fly to Kolkata, Madrid, Entebbe, Edinburgh, Hong Kong and Algiers next year

Etihad Signs Partnership With Philippine Airlines

The agreement covers codeshare flights, loyalty programmes, airport lounges and the coordination of airport operations.

Abu Dhabi House Prices Grow 29% Y-o-Y In Q2 2014

Investor confidence in the capital’s property market has returned with off-plan projects being sold out, according to a report by Asteco.

Etihad Sees 22% Rise in Passenger Traffic In First Half Of 2014

The Abu Dhabi airline carried 6.7 million passengers during the first six months of the year.

Etihad Seals Codeshare With Brazilian Airline Gol

Deal provides Abu Dhabi carrier with access to Gol’s domestic network as well 14 destinations across Latin America

Agthia To Distribute Monster Energy Drinks In The UAE

Agthia also distributes Al Ain Water, Ice Crystal Water, Capri Sun kid’s juice drink and natural spring bottled water Alpin in the country.

Etihad Partners With Google To Register On Flight Search Tool

Google’s Flight Search tool allows users to check out flight schedules and live ticket prices.

Adagio Abu Dhabi Al Bustan Opens Its Doors

Accor’s largest regional apartment-hotel property targets long-stay guests in UAE capital.

GDF Suez Signs Agreement For $1.5bn Mirfa Project In Abu Dhabi

The french utility company signed a 25-year power and water purchase agreement with the Abu Dhabi Water and Electricity Company.

Etihad Becomes Official Airline Of England Cricket Board

England’s national squads will fly with the UAE carrier and the airline will benefit from a range of commercial rights

Arabtec Says Has Aabar’s Backing, No Projects Scrapped

Aabar’s chairman says investors misunderstood the significance of the small reduction of its stake in Arabtec.

IHG Opening Two More Abu Dhabi Hotels

New InterContinental Abu Dhabi Grand Marina will feature a Michelin-star signature restaurant with rooftop bar and second Holiday Inn capitalises on demand for mid-scale hotels

Etihad Increases Frequency On Indian Routes

Double-daily frequencies will be operated to Bangalore, Chennai, Kozhikode and Hyderabad.

Etihad’s Fleet Expands To 101 Aircraft

The Abu Dhabi state carrier received two new Airbus aircraft – a A321-231 and a A320-200, that expanded its fleet to over 100 planes.

Etihad Airways Signs Maintenance Deal With Air New Zealand

As part of the deal, Etihad will perform all scheduled and non-scheduled line maintenance on Air New Zealand aircrafts.

Etihad Launches Mobile Boarding Passes

The mobile passes will be available to travellers on select routes and will help reduce paper wastage, said the Abu Dhabi carrier.

Dubai Halts Rally As Arabtec Falls Back

Arabtec slips 2.4 per cent and Dubai’s benchmark is up 0.5 per cent, after rising as much as 1.0 per cent early in the session.

Etihad Agrees On Principal Terms To Buy 49% Of Alitalia

The two carriers have been in talks since December, but a deal has so far been elusive.

Emirates Global Aluminium Project Clears Guinea Hurdle

The adoption of the amendments clears the path for the project, which was initially delayed due to lack of funds following the financial crisis.

UAE Lender NBAD’s Head Of Asset Management Quits

Mark Watts, who joined the bank in 2010, resigned for personal reasons, sources said.