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Bloom Begins Abu Dhabi Marina Construction

The waterfront development includes 225 residential apartments and a 200 room five star hotel.

Aldar Launches New Abu Dhabi Developments Worth $1.4bn

The developer has launched three new projects in Abu Dhabi worth $1.4 billion, it said in a bourse statement.

Abu Dhabi’s Mega Industrial Zone Kizad Completes Phase One Of Logistics Park

Kizad said that around 83 per cent of the logistics park has been pre-leased to a number of local and international firms.

Abu Dhabi’s Mubadala 2013 Profit Jumps On Financial Investments

Mubadala, which has stakes in GE and private equity firm Carlyle, saw net profit tripling over the last year.

Etihad’s Revenues Surge 27% In Q1 2014

The airline’s growth in revenue was aided by an increase in passengers resulting from its codeshare and equity partnerships.

Abu Dhabi Ports Expect Year-End Spike In Traffic As Projects Boom

Cargo traffic at Abu Dhabi’s Khalifa and Zayed ports combined is expected to top 12 million tonnes this year, up from 9.3 million tonnes in 2013.

UAE Energy Minister Hopes Western Partners Keep Oilfields Role

ExxonMobil, Royal Dutch Shell, Total and BP have each held 9.5 per cent equity stakes in the ADCO concession since the 1970s.

Mubadala Hires Six Banks For Eurobond Issue

Mubadala was last in the market in April 2011 through a $1.5 billion five-and 10-year trade.

Abu Dhabi Residential Rents Up 20% In Q1 2014

The UAE capital recently removed its five per cent rent cap, which is already impacting rates, says CBRE report.

Abu Dhabi Among Global Top 20 Cities For Mall Development

The UAE capital has 778,000 sq m of new retail space in its development pipeline, says CBRE.

Etihad Nears Extension Of Air Berlin Partnership; Still Looking At Alitalia

The Gulf carrier is expected to give a proposal to the Italian airline soon to start formal talks on the potential investment.

Cunard’s Queen Elizabeth Cruise Ship To Make Debut Call In UAE

Cruise liner Queen Elizabeth will arrive on April 17 at Zayed Port as part of a 2014 World Cruise programme and will spend a day in Abu Dhabi.

Etihad CEO Says Near Finalising Next Stage Of Air Berlin Partnership

German media reports last month said the UAE-based airline could increase its stake in Air Berlin to 49.9 per cent from the current 30 per cent.

Aldar Considers Eventual IPO Of Property Management Unit

The Abu Dhabi real estate developer owns a 60 per cent stake in property management firm Khidmah.

Abu Dhabi’s Waha Capital Sells Stake In AerLift Leasing

AerLift Leasing was established in 2010, with Waha Capital owning a 60.7 per cent stake.

UniCredit CEO Says Etihad Good Partner For Alitalia

UniCredit, which is one of Alitalia’s creditor banks, owns a 13 per cent stake in the airline after it took part in a 500 million euro share issue.

Etihad’s Proposal For Alitalia Not Seen Before Monday-Sources

Etihad has finished reviewing Alitalia’s books as it considers whether to invest as much as 300 million euros via a capital increase, sources say.

Delta, Etihad Under Scrutiny As EU Probes Foreign Holdings In Airlines

A carrier must be more than 50 per cent owned and “effectively controlled” by an EU member state or EU citizens to obtain an operating license.

Abu Dhabi Rent Growth Slows In Q1 2014

Abu Dhabi’s prime properties recorded modest rental growth while rates in most lower end areas remained unchanged.

Abu Dhabi Faces Up To Airport Capacity Challenges

Fast-growing airport must keep up with Etihad’s growth ahead of Midfield Terminal Building’s launch

Abu Dhabi’s Yas Marina F1 Circuit Boosts Capacity As Demand Rises

Organisers have announced the sale of tickets for the Abu Dhabi Grand Prix, to be held in November 2014.

Abu Dhabi Circuit Chief Defends F1 Double Points Change

The International Automobile Federation (FIA) made the points change in a bid to keep the championship alive as long as possible.

Abu Dhabi’s Hilal Bank Considers Capital Hike To Fuel Growth -CEO

The Islamic lender plans to expand its retail and wholesale banking business locally and internationally over the next five years.

Abu Dhabi’s Waha Capital Secures $750m Credit Facility

The facility replaces the previous $505 million facility secured in 2011.

Italy Sees Etihad-Alitalia Deal Decided Soon

Abu Dhabi’s Etihad Airways is in talks to acquire 40 per cent of Italy’s struggling flag carrier.

Abu Dhabi’s Hilal Bank Reports 2013 Net Profit Up 42%

The lender attributed the profit rise to growth in assets and improvement in asset quality and liability mix.

Etihad Airways To Raise $2bn For Deliveries In 2014

Etihad will take delivery of 18 aircraft this year that include 10 Airbus aircraft and eight Boeing planes.

Abu Dhabi’s Mubadala, France’s CDC Launch 300m Euro Investment Fund

The investments will mainly target equity stakes in private companies as well as other asset classes including real estate or infrastructure.

Gulf Capital To Sell Rest Of GMS Within Two Years

Gulf Capital floated approximately 40 per cent of its holding in Gulf Marine Services on the London Stock Exchange earlier this month.

Etihad-Air Serbia Deal Gets Regulator’s Nod

Etihad’s chief executive confirmed that the initial loan of $40 billion to Air Serbia will be converted to equity.