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Dubai’s Arabtec Wins $272m Fairmont Abu Dhabi Contract

The contract covers building the hotel as well as maintaining its development for one year.

India’s Jet Shares Fall After Etihad Revises Deal

Having doubled in value the past 10 months, shares have slumped in the last three weeks as both companies struggle to seal an agreement.

TAQA Says Found Oil In North Sea Field Off Scotland

Abu Dhabi’s TAQA said that two columns of oil have been found since drilling began in November.

Abu Dhabi Royal Plans $45bn Property Project In Pakistan

The development in Karachi may reportedly include the world’s tallest building.

Abu Dhabi’s Etihad Needs To Revise Jet Airways Deal

Etihad is reportedly in talks to buy a 24 per cent stake in Jet for up to $330 million, say sources.

Abu Dhabi’s Aabar Seeks $2bn Loan Refinancing

The company borrowed heavily to build up holdings in a number of major companies, including carmaker Daimler.

Abu Dhabi Commercial Bank To Begin Bond Meetings

The UAE lender said earlier this week it had mandated lead arrangers for the $500 million issue.

Abu Dhabi Rents Fall 14% In Q4 2012

Lack of properly developed infrastructure and operational facilities remain off-putting for certain segments of the market, says new report.

Abu Dhabi Projects On Track For Vision 2030

Work is progressing on the emirate’s key projects such as industrial city, Saadiyat island and Al Maryah island.

UAE’s Dana Gas Sells Part Of MOL Stake

Hungarian oil and gas group MOL’s shares were down 4.1 per cent on Friday, a five-week low.

Japan To Loan Abu Dhabi National Oil Co. $3bn

The loan is expected to help Japan win new and renewing energy concessions.

Abu Dhabi Islamic Bank Reports Q4 Profit Drop

Decline was expected but still beat forecasts thanks to 10.8 per cent fall in impairments.

Abu Dhabi’s TAQA 2012 Net Profit Drops 14%

Abu Dhabi National Energy Co (TAQA) attributed the fall in profit to lower gas prices and tax charges.

Etihad Closer To Signing Deal With India’s Jet Airways

The Abu Dhabi airline is planning to buy a 24-per cent stake in Jet for up to $330 million, according to sources.

Etihad’s 2012 Net Profit Triples To $42m

The Abu Dhabi carrier recorded a 17 per cent rise in revenues while passenger numbers rose 23 per cent.

Aldar’s Q4 Net Rises 10% On Lower Impairments

The Abu Dhabi-based developer, currently in the process of a merger with Sorouh, made a fourth-quarter net profit of Dhs200 million.

Waha Capital Reports 38.1% Rise In Profit

The Abu Dhabi-company put the increase down to its shares in aviation investee company Aercap.

Abu Dhabi Stock Market Makes Biggest Monthly Gain In 5 Years

The market rose 9.5 per cent in January, mainly driven by a rise in bank shares.

India’s Jet Airways-Etihad Deal Imminent

A government source said Etihad was in talks to pick up a 24 per cent stake in Jet for $330 million.

Abu Dhabi’s Sorouh Q4 Net profit rises 21%

The property firm, which is in the midst of a merger with Aldar, posted a net profit of Dhs118.9 million in the fourth quarter of 2012.

UAE’s NBAD Eyes Overseas For Growth

Earnings from international clients rose four per cent in 2012.

Abu Dhabi Commercial Bank Q4 Profit Jumps 32%, Beats Estimates

ADCB’s fourth quarter profit rose on higher net-interest income and lower provisions.

Mubadala In $2bn Refinancing Launch

Banks taking part will also be chosen for future work.

Abu Dhabi’s NBAD Sees 16.8% Rise In 2012 Profit

National Bank of Abu Dhabi attributed the profit increase to higher investment and interest income.

Abu Dhabi’s TAQA Seals $1.4bn Financing For Morocco Plant

The financing for the Jorf Lasfar plant is the largest in over a decade for an international project in Morocco.

Abu Dhabi Sees Hotel Revenues Rise 6% In 2012

The emirate welcomed over 2.3 million hotel guests last year, up 13 per cent from 2011.

Abu Dhabi Commercial Bank Picks Banks For Bond Issue

The UAE-based lender plans to launch a conventional bond in the coming few days, say sources.

Abu Dhabi Property Merger Seen Completed June 30

Property firms Aldar and Sorouh agreed on an all-share merger last week creating a company with $13 billion in assets.

Aldar, Sorouh Merger “Positive” For Market – Expert

The Abu Dhabi- based real estate developers are merging to form a new entity with Dhs47 billion in assets.

Etihad Signs ‘Multimillion Dollar Deal’ With Sydney Opera House

Abu Dhabi airline become the cultural icon’s exclusive international airline partner