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Etihad Airways Urges Speedy Restructuring Of Air Berlin

The German airline had said last month it was in talks over certain options that prompted speculation that Etihad could gain more control over the carrier.

Fog Disrupts 14 Abu Dhabi Flights

This morning sees the second round of diversions in as many months

Aldar’s Growth Will Be ‘Market-Focused’- Senior Official

The state-owned developer is focusing on developing mid-tier real estate projects in Abu Dhabi.

Union Willing To Enter Negotiations To Aid Etihad-Alitalia Talks

Etihad has so far refused to negotiate with Italy’s unions, which have sunk negotiations between Alitalia and other bidders in the past.

Abu Dhabi’s Fairmont Hotel Project Secures Dhs950m Loan

The 10-year loan is the first such facility agreed between ADCB and NIC.

Abu Dhabi Airport Passenger Traffic Up 15% In Q1 2014

The airport welcomed around 4.5 million passengers during the first three months this year.

Abu Dhabi Islamic Bank Q1 Net Profit Up 20.4%

The lender made a net profit of Dhs409.5 million ($111.5 million) in the three months to March 31.

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.