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Etihad Cancels New York Flight As Winter Storm Hits Northeast US

The Abu Dhabi airline is offering passengers travelling on January 27 and 28 the option to postpone their tickets.

Emirates Warns Of Currency Shifts Eating Into Fuel-Cost Benefits

The Dubai carrier is one of the few major airlines that does not hedge its fuel bill by buying future stocks of jet fuel to minimise the effect of price spikes.

Rents In Dubai May Fall Up To 10% In 2015; Rent Index Changes Mulled

The Dubai residential bubble has “deflated,” with transaction prices expected to fall up to 10 per cent this year, says JLL.

Dubai International Secures Spot Of World’s Busiest Airport In 2014

Authorities have forecast that 79 million passengers will travel through Dubai International Airport in 2015.

Abu Dhabi Bank UNB Posts 42% Q4 Net Profit Gain; Hikes Dividend

The bank reported a net profit of Dhs436 million ($118.7 million) in the last quarter of 2014.

UAE’s Majid Al Futtaim Reports Pre-Tax Profit Growth Of 10% In 2014

The retail group said that it aims to double the size of its business within the next five years.

Regional Airlines Suspend Baghdad Flights After Airplane Shooting

Emirates Airlines, flydubai, Air Arabia and Etihad Airways suspended flights on Tuesday, in line with a directive from the UAE’ civil aviation authority.

Dubai-Luxembourg Firm Launches Islamic Factoring For SMEs

Tawreeq Holdings developed the concept over the past year and a half, aiming to give smaller firms a funding alternative to bank loans.

Bullets Hit Flydubai Passenger Jet At Baghdad Airport

An aviation official and a security official told Reuters that two passengers were lightly injured but the airline has denied such reports.

Etihad To Employ More Than 6,000 Emiratis By 2020

The airline is partnering with a number of government organisations and educational institutions to recruit UAE nationals.

Emaar Properties Targets Q2 For $270m Egypt Unit Float

Emaar Misr has a portfolio of investments in Egypt worth around 53 billion pounds.

Abu Dhabi’s Aabar Gets Nod To Buy 100m More Shares In Arabtec

Should it buy the permitted number of shares, Aabar’s stake would rise to 37.27 per cent.

Abu Dhabi Rents Rose 11% In 2014, Expected To Slow In 2015 – JLL

Dropping oil prices are anticipated to lead to a slowdown in rents and property prices this year, says JLL report.

NMC Health Planning To Dual-List In Abu Dhabi This Year

Three Abu Dhabi firms have listed in London since 2013: Al Noor Hospitals, Gulf Marine Services and NMC Health.

Dubai’s Al Maha Ranks Among TripAdvisor’s Top 10 Hotels For 2015

The desert resort ranked eighth among the world’s top 25 hotels as decided by TripAdvisor’s annual Travellers’ Choice awards.

UAE Economy Minister: Expect Oil To Start Recovering By Mid-Year

Sultan bin Saeed al-Mansouri, speaking with Brent crude at about $48 per barrel, did not elaborate on why he expected the recovery.

Abu Dhabi Bourse CEO Says Most London-Listed Local Firms Agree Dual-Listing

Three Abu Dhabi firms have listed in London since 2013: Al Noor Hospitals, Gulf Marine Services and NMC Health.

Stock News: Gulf Markets Retreat As Oil, Global Stocks Fall

Brent crude traded just above $48 per barrel as Greece’s election results put pressure on oil and global equities.

Emirates Debates Lower Airfares On Dropping Oil Prices

Emirates has been studying the impact of lower oil prices since November and is likely to introduce new prices in April.

Majid Al Futtaim Inks Deal To Expand Juicy Couture In The Middle East

As per the deal, MAF Fashion will be the wholesale and retail distributor for the brand in the Middle East and will work towards opening more stores in the region.

Abu Dhabi Islamic Bank Q4 Net Profit Rises 19.3%

The bank made a net profit of Dhs409.6 million in the last quarter of 2014, it said in a statement.

Retreat Of Russian Shoppers Fails To Dent Dubai Retailers

Shopping malls recorded an 18 per cent increase in footfall during the first two weeks of the event compared to last year, according to the organisers of the festival.

Abu Dhabi Commercial Bank Q4 Net Profit Jumps 16%, Hikes Dividend

The bank made a net profit of Dhs1.02 billion ($277.7 million) in the fourth quarter of 2014, it said in a statement.

Dubai Islamic Bank Targets 15-20% Loan Growth In 2015 – CEO

DIB’s net interest margin would stay at around 3.6 per cent in 2015, the bank’s chief executive said.

UAE Retailer Marka To Develop UEFA Champions League-Themed Stores

The first retail and dining concept store is set to open in Abu Dhabi’s Yas Mall in May, with plans also lined up for Dubai.

Dubai’s Residential Rents Surged 10% In 2014

Home prices in Dubai rose 15 per cent in 2014, with the last quarter seeing sluggish growth, a new report says.

Dubai’s Deyaar Q4 Net Profit Falls 43%

The company’s 2014 annual profit was Dhs281.9 million, up 82 per cent compared to 2013, it said.

Dubai Islamic Bank Q4 2014 Net Profit Rises 64.1%; Hikes Dividend

The bank’s net profit for 2014 was Dhs2.8 billion.

Unit Of Dubai’s Drake & Scull Wins $49m Contract

Gulf Technical Construction Co will provide civil, architectural and MEP services for a high-rise residential tower in Dubai.

Stock News: Smooth Saudi Succession, ECB Easing May Support Gulf

The markets of Saudi Arabia, Kuwait, Oman and Bahrain are closed on Sunday because of King Abdullah’s death.