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Emirates To Sponsor Glasgow 2014 Commonwealth Games

Dubai-based Emirates will now serve as the official airline of the games and the Queen’s Baton Relay.

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.

Recovering Dubai Still Faces $48bn Debt – Standard Chartered

A report from the UK-based lender says the emirate’s overall debt burden remains a challenge.

UAE Investors Dash To Cash

UAE investors are holding onto their cash and assets amid the uncertain economic outlook, however India is a favourite for investment.

British PM Cameron Meets KSA’s King Abdullah

The two leaders discussed regional and international developments, Palestine and the situation in Syria.

Sorouh Sees 55% Rise In Q3 Net Profit

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

UAE And UK Plan Defence Partnership Around Typhoon

Prime Minister David Cameron’s visit to the country comes to an end as both parties discuss a strategic air defence relationship.

US Clears Sale Of Missile Defense System To UAE, Qatar

The two Gulf countries are planning to buy Lockheed missile-defense systems worth up to $7.6 billion.

Dana Gas Says In Standstill Talks With Creditors

Sharjah-based Dana did not repay a five-year convertible Sukuk on maturity last week.

UAE Announces Nov 15 Holiday For Private Sector

Employees in the private sector will get one- day off to mark the Islamic New Year.

Dubai’s Arabtec Q3 Profit Drops 10.5%

The Dubai-based contractor said it was looking at equity-linked fundraising options.

UAE Central Bank Appoints Abu Dhabi Banker As New Chairman

Khalifa Mohammed al-Kindi is the new chairman while Sultan Nasser al-Suweidi remains governor of the bank.

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.

Dubai Investments Q3 Net Profit Up 227%

The company’s profit rose as it booked gains in the fair value of its investment properties.

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.

Dubai Islamic Bank’s Q3 Profit Flat

DIB’s quarterly net profit remains flat despite a jump in provisions with impairments worth Dhs309 million.

UAE’s ADCB, Banco Santander In Tie-Up

The two banks signed a partnership agreement to cooperate in trade and project finance.

Dubai’s Canal Extension Project To Begin Next Year

Project contracts will be awarded by end of 2012, the Roads and Transport Authority has said.

Guinea And UAE Sign Bauxite Supply Deal

The deal, signed with UAE’s Mubadala, is expected to add $500 million to Guinea’s GDP.

Dubai’s DFM Says Q3 Loss Narrows to Dhs1.7m

Dubai Financial Market said revenue increased 16 per cent during the quarter to Dhs36.8 million.

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.

62% Of UAE Cannot Recognise A Phishing Message

Kaspersky Lab report digs up alarming statistics about the UAE’s vulnerability to scam attacks.

UAE’s Dana Gas Misses $1bn Sukuk Deadline

The natural gas firm becomes the country’s first company to fail to repay a bond, also missing a $18.75 million accrued profit payment.

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.

Union Properties Posts Q3 Profit Of Dhs50m

The Dubai-based developer reported profit of Dhs156 million for the nine months of the year.

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.

Dubai Sees 12.8% Rise In September Passenger Traffic

The airport handled 4.78 million passengers in September 2012.