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Manchester City Halve Losses After Title Win

The Abu Dhabi-funded club reports record revenue as Etihad-influenced commercial revenue doubles.

BP Allowed To Bid In Abu Dhabi Oil Concession

The British oil company was originally excluded from the process after not receiving a qualifying letter.

UAE’s NBAD Plans Acquisitions In Expansion Abroad

National Bank of Abu Dhabi aims to be in 41 countries by 2021, compared with 14 right now, said a senior manager.

Abu Dhabi’s Falcon Bank Eyes More Buys After Clariden Deal

Falcon Private Bank plans to acquire wealth management boutiques that manage between $500 million and $4 billion in assets.

Russia’s Largest Bank Signs Deal With Invest AD

The agreement between the Abu Dhabi financial services firm and Sberbank is expected to facilitate more investment in both the regions.

Etihad Looks To Buy Air Berlin Loyalty Programme

The Abu Dhabi carrier already owns a 29.12 per cent stake in the German airline.

Merck Serono To Produce Medicines In UAE

The German pharmaceutical firm will produce two products in Abu Dhabi.

Abu Dhabi’s TAQA Buys Iraqi Kurdish Oil Block

TAQA has purchased 53.2 per cent from General Exploration Partners.

Abu Dhabi’s IPIC To Raise $2.9bn In Bond

International Petroleum Investment Company (IPIC) plans to issue a dual-curency bond spread across two tranches.

Etihad Airways To Buy Stakes In Indian Airlines

Abu Dhabi’s flagship carrier is eyeing up minority stakes in Jet Airways and SpiceJet.

NBAD Issues 500m Malaysian Ringgit Sukuk

The 15-year Sukuk is National Bank of Abu Dhabi’s third issuance in the South East Asian currency.

Abu Dhabi Signs Oil Storage Deal With Korea

The deal provides for the storage of six million oil barrels for the Korean strategic stockpile program.

Abu Dhabi Eyes New Airport Terminal By 2017

Etihad Airways’ new home will add capacity for an extra 30 million passengers per year.

Abu Dhabi’s Invest AD Launches Mideast, Africa Bond Fund

The new fund has a seed capital of $25 million and will invest mainly in dollar-denominated debt.

UAE’s TAQA In Q3 Loss On Higher Costs

Abu Dhabi National Energy Company blames loss on construction costs and lower gas prices.

Abu Dhabi Rents Drop 6% In Q3 2012

Residential rents in the emirate continue to fall but still remain higher than Dubai, says new report.

ADIPEC Round Up – BP, ADNOC And Saudi Announcements

A round up of the day’s news and gossip from the region’s largest oil and gas event.

Abu Dhabi Islamic Bank To Price Sukuk Thursday

The lender is set to raise $500 million from its offering after big investor interest for its debut deal.

Aldar Properties And Sorouh Real Estate In Advanced Merger Talks

The two Abu Dhabi-based developers both reported higher quarterly profit on Wednesday even with asset writedowns.

Sorouh Sees 55% Rise In Q3 Net Profit

The Abu Dhabi developer’s profit was driven by rising revenues from national housing projects.

Mubadala Seeks To Alter Terms On $3.4bn In Bonds

The Abu Dhabi investment fund said the move was aimed at making documentation more consistent.

F1’s Raikkonen Wins Thrilling Abu Dhabi GP

Ferrari’s Fernando Alonso fails to regain the championship lead from title rival Sebastian Vettel.

Abu Dhabi Loses Its World’s Biggest SWF Crown

Norway’s Government Pension Fund Global has beaten the emirate to the top spot with assets worth $656.2 billion.

Review: Fairmont Bab al Bahr

Mainly aimed at business travelers the hotel’s rooms and facilities would easily keep leisure guests entertained too.

ADCB’s Q3 Profit dips 3%, Misses Forecast

Abu Dhabi Commercial Bank posted a net profit of Dhs595 million, as non-interest income declined.

National Bank of Abu Dhabi Cuts 2012 Loan Growth

NBAD now expects lending to grow between four to eight per cent this year, down from its earlier forecast of 10 per cent.

UAE’s Tabreed Posts 29% Rise In 9-Month Profit

The Abu Dhabi-based cooling company made a net profit of Dhs167.6 million during the nine months to September 30.

Etihad Postpones Launch To Ethiopia

The Abu Dhabi airline’s application for an operating permit was rejected by Ethiopia’s aviation authority.

National Bank of Abu Dhabi Eyes South Korea

NBAD, which opened an office in Shanghai earlier this year, plans to expand its presence in Asia.

Etihad Signs Multi Million Deal With Airbus

Abu Dhabi’s flagship carrier has bought two new A330-200s and converted seven A320s into the larger A321.