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Etihad CEO: “We Cannot Catch Emirates”

James Hogan, CEO of Abu Dhabi-based Etihad Airways says it is not about being the biggest, but about being the smartest.

Etihad-Aer Lingus Codeshare Gains US Regulatory Approval

Etihad passengers flying on Aer Lingus’ planes to New York and Chicago can now pre-clear US Customs and Border Protection in Dublin

Abu Dhabi’s Kizad Awards Dhs100m Contract to UAE Firm

Khalifa Industrial Zone Abu Dhabi has awarded a deal to construct phase 1 of its pre-built warehousing to UAE’s System Construct.

Etihad Airways Q1 Passenger Revenues Up 19%

Passenger revenues at Etihad totalled $900 million in the first quarter of 2013, compared with $758 million a year ago.

Abu Dhabi’s Mubadala Signs $2bn Refinancing

The three-year revolving credit facility attracted a total of 19 international lenders and replaces a $2.5 billion loan agreed in 2010.

National Bank Of Abu Dhabi Names ANZ’s Thursby As CEO

Alex Thursby succeeds Michael Tomalin who after 14 years at the helm will remain in a non-executive director’s role.

Abu Dhabi’s Western Region In $500bn 2030 Output

A strategic guide for all the development initiatives in the Western Region has been devised under a framework called Al Gharbia 2030.

Etihad Starts Washington DC Flights

The Abu Dhabi carrier will also open a $6.8 million premium lounge this week in Terminal A at Dulles Airport for first and business class passengers

UK’s Taylor Woodrow JV Wins Dhs84m Abu Dhabi Airport Contract

A joint venture between Taylor Woodrow and Abu Dhabi contractor Fibrex will work on the airport’s expansion.

Dubai’s Al-Braik Plans $200m Silicon Smelter In Abu Dhabi

The $200 million investment will build two furnaces with combined output capacity of 33,000 tonnes per annum.

Abu Dhabi Airports Company Appoints Tony Douglas As New CEO

Douglas was formerly CEO of Abu Dhabi Ports Company (ADPC) and replaces James Bennet.

Abu Dhabi’s Kizad On Track To Generate 150,000 Jobs

Khalifa Industrial Zone Abu Dhabi has signed deals with 50 local and international companies, says CEO.

Abu Dhabi’s Al Hilal Bank To Issue Sukuk In Q3

The lender expects to obtain a credit rating in the coming two or three months.

Exclusive: Starwood Eyes Rocco Forte Hotel Abu Dhabi

Starwood confirms discussions are ongoing as market speculation increases that the striking hotel will soon be converted to a Sheraton

UAE Opens World’s Largest Concentrated Solar Power Plant

The 100-megawatt, grid connected power plant, Shams 1, will generate clean energy to power 20,000 homes in the UAE.

Abu Dhabi In Nearly $7bn Oil Investment In Malaysia

The emirate has signed an agreement for a petroleum storage facility in Malaysia’s Johor state.

First Gulf Bank Repays $1.2bn Government Support

The UAE’s Ministry of Finance placed Dhs70 billion ($19.1 billion) with banks after the 2008 financial downturn.

Shareholders Approve Aldar-Sorouh Merger

Mohamed Al Mubarak was named the deputy chief executive and chief portfolio officer of the new entity.

VIDEO: Etihad To Launch Biggest Ever Global Brand Campaign

The airline’s first such initiative for three years, it will comprise TV, print, outdoor and digital elements.

UAE’s NBAD Launches $16.6m Uridashi Bond

The 15-year bond will allow NBAD to directly access Japanese retail investors.

Jet Airways Shares Surge On Report Etihad Deal Is Close

Etihad paid $70 million to India’s Jet Airways to buy three pairs of Jet’s slots at London’s Heathrow Airport.

Former Foreign Secretary Miliband Dismisses UK Ratings Downgrade

David Miliband called for investment and innovation, speaking at a conference in Abu Dhabi.

Abu Dhabi Bourse To List Big Private Firms

The new firms will be listed as Tier-2 stock without the need for initial public offerings.

Abu Dhabi Royal Scraps Agreement For $45bn Pakistan Property Project

Sheikh Nahayan bin Mubarak has cancelled the deal less than two weeks after it was signed.

The Race For Renewable Energy

Greater investments in sustainability are urgently required, say experts.

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.

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.

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.

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.

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.