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Barca Extend Etisalat Sponsorship Deal To June 2017

The deal confirms Etisalat as FC Barcelona’s main sponsor in UAE, Nigeria, Ivory Coast, Benin, Togo, Niger, Gabon and the Central African Republic.

Dubai Fund ICD In Talks For Islamic Bond

Investment Corporation of Dubai, which controls some of Dubai’s top companies, expects to complete a deal this year.

GCC Food Consumption To Hit $106bn By 2018

Food is the largest segment of consumer expenditure in the region and stood at $83 billion year-end 2012, says new report.

Etisalat Picks Banks For $6bn Maroc Telecom Stake

Etisalat is talking to banks about a syndicated loan of up to $8 billion to finance the potential transaction.

Arqaam Hires Ex-Credit Suisse Banker To Head Equity Sales

Wafik Nsouli will take charge as executive director and head of institutional equity sales

UAE’s Tabreed To Issue Bonds To Mubadala As Dividend

The Dubai-listed company has proposed to pay a cash dividend of 5 fils per share to its shareholders.

The Race For Renewable Energy

Greater investments in sustainability are urgently required, say experts.

Emirates LNG Leases Land For UAE Gas Import Terminal

Once complete, the facility will have the capacity to import nine million tons per annum of LNG.

Emaar Shares Hit 51-Month High Ahead Of Dividends

The Dubai developer’s shares jumped 4.6 per cent to hit Dhs5.15, its highest close since November 2008.

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.

UAE Etihad’s Pause Highlights India Investment Risk

Etihad’s pause over taking a stake in Jet Airways highlights the difficulties Gulf investors have faced in India.

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.

Kvitova Wins Dubai Duty Free Tennis Championships

The Czech claimed her 10th tour victory with the win over Sara Errani on Saturday.

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.

UAE Close To Decision On UK, French Fighters

The French Rafale jet and BAE Systems-backed Eurofighter Typhoon are in a closely-contested race to win the deal.

Hamptons MENA Reports 19% Growth In Dubai Property

The real estate firm recorded improved sales in established communities such as Downtown Dubai and Dubai Marina.

Dubai International Boat Show Welcomes Superyacht Builders

Dubai opens its boat show as survey reveals 60 per cent of world’s top 100 superyachts are in the Middle East.

Emirates Banks Association To Change Name

The group will now be known as UAE Banks Federation to better reflect ‘the union of UAE banks’.

UAE’s Etisalat Writes Down Foreign Units By $769m

Last year the operator wrote off the $827 million value of its Indian operation in its 2011 fourth-quarter results.

Emaar Says India Roadshow Gets “Strong Response”

The developer is showcasing its Dubai-based properties to Indian investors.

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.

Drake & Scull Wins QAR300m Qatar Contract

As part of the contract, DSI will undertake MEP works for a mixed-use real estate development in Doha.

UAE’s du Sees Q4 Profit Jump On Tax Write Back

The telecoms operator made a fourth-quarter net profit of Dhs994 million, up from Dhs440 million in Q4 2011

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.

UAE Signs $1.4bn Defence Contracts, Including Drones

The largest deal was for 750 mine-resistant, ambush-protected, all-terrain vehicles from Oshkosh Corp.

UAE Grants Bahrain $2.5bn For Development

The money will be disbursed on an annual basis over the next 10 years.

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

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

Eurofighter ‘Still In Race’ For India Jet Deal

Rafale jets have the UAE interested but Eurofighter chief says India deal is far from closed.

Emirates Expands In The Philippines

Move provides Emirates with an avenue for growth beyond Manila and travellers with more flying options

Sony Launches Xperia Z Smartphone

A sharp camera and enhanced connectivity are among the model’s attributes